Post
Topic
Board Announcements (Altcoins)
Re: The Official Mastercoin Foundation, Master Protocol & Mastercoin Thread
by
dacoinminster
on 10/08/2016, 15:16:15 UTC

Correct me if I am wrong, but the new issue value is $62 million.  That makes it the most valuable token ahead of Maidsafe.  Just because it is 'debt' rather than 'equity' doesn't reduce the net value of the asset. 

We now have:
BFX - $62M
Maidsafe - $42M
Synereo  - $20.5M
Tether - $7M
Agoras Tokens - $6M


Clearly, if you have a multimillion dollar debt or equity issue to be made, Omni is the platform that can handle it.

It does appear to be an interesting first to do a 'debt issue'.  Typically, debt is issued as bonds.  This lays groundwork for a special new kind of crypto-token having new performance characteristics. 

All done first here on Omni. 

Well, it seems clear that it will trade at some number less than face value, but it's definitely a big issuance.