Quote from: Opossum Minister on June 16, 2017, 02:01:45 PM

Quote from: Arnaud on June 16, 2017, 01:38:26 PM

Good work guys!!!

Just created Minebank token
Smart Contract Address: 0xed1991847deb43c5faa21c3e692f6702844beeaf
Name: Minebank
Symbol: MNB
Decimal: 18
supply: 318,830

it is a try to create a Minereum Exchange Traded Fund based on Eth best assets.

Pardon the basic questions... but what does it do? Why do we want it? How does it work? This is all very new. A little spoon feeding would be appreciated to get some of us digital dullards up to speed

Thanks!

Thanks for your questions,

First, it's a good way to test the creation token service, I can confirm that ppl can use Mrrr instructions (page 164).
The idea would be to trade some Minereum and receive a token. the deposit will be use to diversify the bank token wallet with Ethereum assets like ( MNE, RLC, RLT,BAT,TAAs) and trading it (including MNE buyback). I will use this as a personal strategy but on a bigger scale it can create more volums and solidify Minereum value. It is inspired by bancor ico ( I chosen to not invest in).
As you said, this is very new, tools give us power, let's try it :p