Well I still am learning how the Mastercoin system works but I'll contribute to passing around the idea.

I borrowed bybitcoins post and added a few more things since it made a nice template and posted it in a topic in the forums and on the asicminer forums.
1EByjy9e4FeGZuTV4Rx5hbf4PnFt7jGh8M
Best of Luck with your proof of concept and design

https://bitcointalk.org/index.php?topic=279860.msg2996791#msg2996791
https://asicminer.info/forum/index.php?page=Thread&postID=258#post258

A shout out on the Facebook Fan Page since the other thread got deleted by the spambots when on mass delete
(Still being fixed )
https://www.facebook.com/ASICMINER