Quote from: become empty on April 16, 2019, 09:22:02 PM

Quote from: michelson on April 15, 2019, 12:35:10 PM

Quote from: Adriano2010 on April 14, 2019, 10:44:14 PM

I reffer that the user who donate 1BTC request that his bitcoin to be exchanged to Tezos and after pay some contributors with Tezos. https://talk.mvt.io/t/tezos/100

Sorry if i create confusion

This is very good.

I see this as a move that can contribute to on- and off-chain development of The Movement by offering consistent staking rewards that incentivise community-driven efforts. What everybody should voice an opinion on is how this should be successfully governed in a decentralised manner over the long term.

Quote from: Dropper on August 06, 2017, 02:10:10 AM

Participation, development and governance is incentivized through the use of $MVT.

Ticker: MVT, Total supply: 3,000,000, Type: Decimals: 18, ENS: themovement.eth

Have you thought about ways to connect MVT to Proof-of-Stake incentive systems? Now that there are advanced proof-of-stake systems, there are new possibilities to think about the use of MVT in regards to generating and sharing rewards. MVT itself has a clearly defined hard cap of 3,000,000 units without being inflative. However, there could for instance be a mechanism through which MVT holders could stake their tokens towards specific funds that generate rewards (such as The Movement's Tezos fund mentioned above) of which in turn a percentage could be used to send an income to participating stakeholders, as well as another percentage for use in the overall ecosystem. This means that The Movement could deploy something similar to "masternodes". These are just a few spontaneous ideas, I'll think and post some more.

Cool!

The Movement Tezos holds 3000 XTZ thanks to bapp.

The total supply is 3,000,000 MVT.

For example if one MVT "masternode" is 3000 MVT, every holder of at least 3k$MVT can get a share.

In total there is a maximum of 1000 nodes.

There could be several staking houses, like bapp's XTZ, that can be linked to the MVT nodes.

Through smart contracts, payouts can occur automatically and in the future across chain.

Adding staking capabilities to The Movement and adding use to its Token

If it will actract more users why not? The Movement should start to do something otherwise we get stuck!