Quote from: yellowdog213 on April 11, 2013, 02:33:53 AM

I'm not the most knowledgable when it comes to bitcoins and BTCJAM, or really anything having to do with money, so I am a little confused about what this new "notes" thing is. Could someone please explain it to like as though I am five years old?

We will announce it properly with a FAQ page very soon, but we have really great news and the final preparations are taking up our time.

With the note marketplace you can sell the receivables you have from other people. It's basically selling debt, in practice the remaining payments for the loan will be sent to the buyer of the note, not the original investor.

This can be useful in several cases, for example, if you made an investment but need the money back because you had some unexpected expense. Or the borrower is late and you wan't to transfer the risk to someone else.