Quote from: hermanhs09 on July 05, 2017, 02:23:36 AM

Quote from: YuTü.Co.in on July 05, 2017, 12:06:10 AM

Quote from: hermanhs09 on July 04, 2017, 11:43:04 PM

Quote from: YuTü.Co.in on July 04, 2017, 11:34:46 PM

Quote from: hermanhs09 on July 04, 2017, 11:09:49 PM

They all look good, bud, and have been included on the list on the first page of this thread.

You can submit once a day up till the end of the month of July (30 PAQs max extra), that's 10 non-repeated YouTube channels per post. Maybe you'll get lucky and find a creator who has more than one channel, whereupon you'll be able to submit all their channels. I've updated the PAQs-earned list found here -> https://bitcointalk.org/index.php?topic=1858841.msg19917362#msg19917362

Bruno (Chinese name: Luŏ Xióng; 裸熊)

Thanks for the response. Though i was still a bit confused as to how we profit from having PAQs? Doesn't make sense to me. Do we get credited to our bitcoin addresses or something?

Each PAQ is a miner (or hasher, for lack of a better term), capable of mining/hashing shares of a YouTuber's crypto-commodity. The shares are allocated every exact two minutes recorded on a permissioned blockchain (quasi-centralized). ONLY 100 PAQs maximum will be able to mine/hash any given YouTuber's crypto-commodity at one time. Each share will be worth no less than one US cent (U$0.01) tradable on our exchange - YTC-Sox - or used for commerce on our platforms. A PAQ will mine/hash no less than U$2,628 worth of shares per year if all the shares remained at U$0.01 each. If the shares go up to U$0.10 each, then you'll have no less than U$26,280 worth of shares, tradable for bitcoins et al.

Please let me know if you're still unsure of the concept, bud.

Bruno (Chinese name: Luŏ Xióng; 裸熊)

How is it possible that each share will be worth at least $0.01 each? I mean, there could be a bunch of sell orders at $0.01 and 0 buy order at $0.01, meaning that technically it is worthless correct?

~~What part of we'll manipulate the exchange didn't you understand?~~ Grin

Seriously, there'll be a oversight committee comprised of mostly YouTubers in making sure that such isn't the case, thus protecting the integrity of our brand and, moverover, protecting the brands of YouTubers since most likely for many their channel is their main source of income over and beyond what we'll provide in terms of financial reward and myriad free services.

Yes, some channels' crypto-commodity shares will remain flat, but for most the hope is that the more effort put into a channel, the higher the price per share. The YouTube creator will soon learn that it's to their best interest to appease their shareholders, with the shareholders holding the creators feet to the fire, so to speak, in having them continue providing viable content on a regular basis, thus a rising tide raising all ships. The creator wants to have the ability to cash out some shares either on the exchange or selling them to fans directly on our platform or elsewhere, whereupon the fans may hold, buy more, sell, trade or forget about the shares. Creators may also accept shares at no less than U$0.01 each in exchange for their merc/service lines. One of our main jobs will be creating as much organic value as possible for the creators' tokens. Named creators won't have too much problem increasing their shares prices on the exchange; lesser brands will have to work harder; no-count brands will eventually be weeded out.

Shares held of YouTube channels that have been deleted are protected, replaced with liked amount shares 1:1 of other YouTubers' tokens held in reserve. As far as holding shares of below par tokens, they can be bundled up in a basket of shares, traded for other tokens or viable alts, e.g. BTC, LTC, RateCoin Roll Eyes

, etc., perhaps with some trades recognizing less than a U$0.01 per share, one key way where shares will be traded for less than one US cent each.

Is that a tad clearer, bud?

Bruno (Chinese name: Luŏ Xióng; 裸熊)