Post
Topic
Board Securities
Re: [Havelock] Bitcoin Difficulty Derivative (BDD) - Now Live!
by
twentyseventy
on 06/02/2014, 18:36:10 UTC
Rannasha is in the right ballpark when it comes to the benefit of my managing the fund.
The beauty of a thing like DMS, BDD, eltopos ET.DIFF etc. is that you don't have to trust the issuer because it's obvious he or she'll make more money doing this honestly than scamming people. Guess what that means or at least should mean for you concerning disclosing your source of income, especially if there's doubt about your previous ventures. You have "some kind of deal", undisclosed, doesn't quite cut it...

I was hoping that this would be implicitly clear, but I suppose not. Yes, I receive a portion of the exchange fees generated by the three funds. I'm going to see how this works out for the first Round of the funds and if the compensation is worth the time commitment. Hopefully this allays some of the counter-party risk fears.

DMS took a flat 3% on all sales of EXCHANGE, so BDD is a better value to shareholders in that respect.

My goal here is to provide a great derivative product to the community, make a few m/BTC by managing the fund and communicating with shareholders, and possibly establish a brand in the future like TAT has done.