Re: [NastyFans.org] NASTY MINING | ASIC + Scrypt BTC/NVC/LTC/XPM/NMC/FTC/IXC/DVC
I'm getting very close to finalizing a pass-through on btct.co. I also plan 100 shares = 1 seat.
How it would work:
First the pass through would purchase seats through nastyfans. Then, shares would be put up for sale on the exchange.
The pass-through will have a publicly identifiable name in the list so seats held in reserve can be checked against number of shares outstanding.
Fees:
I will collect management fees in much the same way TAT runs his Asicminer Micro shares. 95% of donations received will be paid out.
BUT, as a bonus to Nasty Fans everywhere, I will donate 1% back to Nasty Fans. 4% will go to management fees.
How it would work:
First the pass through would purchase seats through nastyfans. Then, shares would be put up for sale on the exchange.
The pass-through will have a publicly identifiable name in the list so seats held in reserve can be checked against number of shares outstanding.
Fees:
I will collect management fees in much the same way TAT runs his Asicminer Micro shares. 95% of donations received will be paid out.
BUT, as a bonus to Nasty Fans everywhere, I will donate 1% back to Nasty Fans. 4% will go to management fees.
Thanks for explaining! So how would you decide on a price? You buy them for the current price on Nastyfans, and list them for slightly more on btct.co?
I have more details over on the new thread I created for the btct.co pass-through:
https://bitcointalk.org/index.php?topic=268589.0