I think your share pricing is too expensive.
You are expecting people to put down the equivalent of what about $50,000.
Perhaps to a Bitcoin-millionaire that is not a huge amount of money, but it will keep many people out of the network, who would be interested.
I am not sure you have provided anywhere enough information to warrant that kind of investment.
K
Thanks, when I wrote it, it was more like $10k...
Anyway - is there a way to make this work without the shares? I don't like them as a concept... The bail and the clever way of allocating it should be the centerpoint of this structure.
I understand your dilemma.
It is vitally important that the managers of the network are trustworthy and upstanding, as the reputation of the system will ultimately be theirs to reflect and shape.
I am not sure that simply making it available to the highest bidder is the best way to get the kind of trust I think is needed.
If this is the case, what other options are there.
K