Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] BITBASE Escrow Technology Changing Smart Contracts as Whole
by
Island Dreaming
on 03/11/2017, 19:25:23 UTC
Yakov -

The best idea that I have seen is what Hextracoin did.  Create an internal coin, BitBase Platinum, to be airdropped into everyone's wallet based on  a snapshot on a certain day, say 12/31/17 at 11:59pm.  Give something similar to what Hextracoin did maybe 1 BitBase Platinum coin for every 4 or 5 BTBc that is in your wallet.  The BitBase Platinum coin is worth $20 (Hextracoin Gold's value) or something substantial like that. The airdrop will happen a week after the snapshot.  The BitBase Platinum coin is only for lending and must be used in 15 days.  It is for a short loan like 30-60 days and at a special interest rate.  It would be best to say the rate ahead of time to create the buzz so that everyone would know exactly what is going to happen.  Then the at the end of the 30-60 days, the $ amount of the BitBase Platinum is released to the lending wallet or you could make it role over into a normal loan (that way the $ stays in BitBase for another 120 days or something).  This would immediately increase the value of the BTBc and give a reason for people to hold the BTBc for a couple of months and let BitBase get established.

Also, if you give a better ratio to the BTBc that is in loans at the time(1 Platinum for every 2 or 3 BTBc in loans), then everyone would make loans which gives the BTBc back to BitBase and allows BitBase to sell the coin at a higher price than the loan was made.  This would work and allow BitBase to increase the value of the BTBc and restore the credibility of the platform.  It would also be ok to give me a tip for suggesting it.