Quote from: crowetic on July 05, 2016, 04:51:38 AM

Quote from: Turn0ff on July 04, 2016, 09:50:37 PM

Quote from: overdozedCEO on July 04, 2016, 07:02:24 PM

Quote from: Propagandalf on July 04, 2016, 05:05:36 PM

May I suggest that asset issuers provide the investors with more information related to their investment? Suggestion:

Stats URL:
Assets:
Total Profit:
ROI:
Capital Before Dividend:
Dividend Amount:
Divs Paid:
Div/Asset:
Capital After Dividend:

This is more transparent and will make it easier for people to make informed decisions on where to invest and keep track of existing investments.

hmm dunno, sound like a lot of extra work for ppl who are running an asset...

More info is never bad... Accessible info is even better.

I'm definitely not opposed to doing this, but CEO is right, it's a lot of extra work, and I simply don't really have the extra time right now, however, all of the payouts are posted, and the dates of them are as well, most of the movement of the funds from one account to another are marked with a public message, you can see on the blockex.

I would love to have the stats as well, but I would need someone to help with the gathering of the information, and putting together the actual statistics, and seeing as the funding we've got is acquired in a fair way due to the nature of the coin, that makes it difficult at this point to hire people for said task, however, as I see that CFs are the new way to get funding, I think I will issue a couple of them with which to help get these things done, if that works...

But, I CAN say, that the APR and ROI rates are VERY good. You can see based off the last payouts if you hold the asset, the amounts of these two things. (This is speaking in terms of the assets that I handle payouts on, of course.)

These stats would definitely draw more people into the assets, being able to compare them to various other crypto and non-crypto based investment options. I know that for a fact, because the numbers would likely blow anything else way out of the water.

Last time I did a check on the ROI of ByteEnt, it was somewhere in the year and a half range, making the APR something like 30+%. I know for a fact that the people that got into BURSTaker at the low release price of 50 BURST, are likely to get ROI very quickly, especially if they were holders during the first payout, which was very large.

I will see what I can do about getting some stats put together, and potentially a CF to get funding to have someone help out with that. As it is I've simply got a whole lot going on with my company and the running of BURST and QORA and figuring out all of the awesome stuff we're planning in the future.

Hope to have some information on an idea we're putting together after a large team voice chat meeting tomorrow, and would be glad to present it to the BURST and QORA communities.

Here's a nice stat for ByteEnt though... The asset has been running for nearly 2 years, almost as long as the coin itself. The asset has NEVER missed a payout, and has ALWAYS paid exactly what it says that it will. This is the type of statistic that I will always keep 100%, because I am out to make things better with systems that exist, and to provide options to people that don't currently exist anywhere.

@crowetic..transparency is vital and as BURST grows it will become expected, in fact demanded. Sound Financial Accounting is critical especially in a decentralize arena IMHO. With that being said, (and don't take this the wrong way) my sound advice from Business Owner to Business Owner you should implement or get yourself an Assistant and worst case scenario more delegating. As you are aware the POTUS (President of the United States) can not do all things to run the country. However, he has advisors and strong cabinet members who do the hard work and help him make the hard decision on running the country. There is no difference in running a Corporation or Business Entity. BURST is growing, no doubt, at one point maybe you could wear many hats, not IMHO it might be time to get others involved and become your advisor in other capacities. IJS something to think about.

Dr. Kimble said: "If you're the smartest one in your GROUP, then you need to get a new GROUP!" There is wisdom in those words.

Have a magnificent day on PURPOSE!

FXALTareeq

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