BitShares Weekly Report
November 20th, 2022
BitShares Group
- BitShares Group is an independent organization acting in the best interests of the BitShares Blockchain.
- Check them out on Telegram http://t.me/Bitsharesgroup
This week we are reminded that #BitShares #Blockchain provides a feature known as “user-issued assets” to help Blockchain users to facilitate a profitable business models for certain types of financial services and means of value.
The term refers to a type of custom token registered on the Blockchain, which users can hold and trade within certain restrictions defined by Blockchain and asset creator. The creator of such an asset publicly names, describes, and distributes its tokens, and can specify customized requirements, such as an approved whitelist of accounts permitted to hold the tokens, or the associated trading and transfer fees.
BitShares Blockchain "Issued Assets" can be utilized as: Company Shares, Event Tickets, Rewards Points, Individual or Corporate Debt, Crowd Funding, Digital Property, Privatized Smart-coins (Stable Cryptocurrencies), Information/Prediction Markets.
There are many ways to profit from issuing an asset, as the issuer you will have a complete control over market fees of your asset and can tune parameters such as the percent of each trade that is collected as a fee. This percentage can be bounded by a minimum and maximum fee. The combination of these three parameters give issuers great flexibility in pricing and defining profits.
XBTS
- ☃️Christmas Prediction Contest🎲!
🎯GUESS Bitcoin PRICE, GET PRIZE! Yeap, it’s as easy as it sounds😁
➡️Guess the price of Bitcoin on 25th December, 01:00 am (GMT), and win $100 USDT💰. 1 lucky winner will get the main prize in case the actual price is guessed. ➡️If it's not guessed then the prize is divided between two participants with the closest prices.
Competition time: 1 Nov - 25 Dec 2022. Guesses close on December 10, 2022. Predicted object: BTC price on CoinPaprika at 01:00 am (GMT) on 25 Dec 2022
How to join: Step 1: Join XBTS group on Telegram https://t.me/xbtsio Step 2: Register on XBTS DEX https://xbts.io/ Step 3: Watch Bitcoin chart, and comment in the XBTS group https://t.me/xbtsio the price that you guess.
🎁Prize: 1 x 1st prize: 100 USDT Tether or 2 x consolidation prizes: 50 USDT Tether (per winner)
Important rules:
- Each account will have only 1 chance to predict the price of BTC. You can't identical comment on other comments.
- All users of the XBTS and BitShares can participate in this Contest.
- Accounts that fail to complete the steps will not be awarded.
The result will be announced on 25 Dec 2022.
The prize will be credited to XBTS or BitShares Wallet accounts only!
TUSC
- TUSC Network’s Rob McNealy returns to the Ed Morrissey Show to explain what actually happened at FTX and where it’s going — and to remind us that crypto may not really be the issue here. It might just be old-fashioned corruption and con artistry. https://hotair.com/ed-morrissey/2022/11/18/gop-to-desantis-we-owe-you-the-house-n512010
BTWTY
- The btwty.com gateway is a fully automated 1:1 User Issued Asset (UIA) swap for multiple blockchains on the BitShares DEX. Developed from an open-source foundation by litepresence and refined by iamredbar, it is maintained and operated by the Bit20 Creative Group, an informal DAO building on BitShares.
- You can learn more about this project on their Hive page at https://hive.blog/@btwty
- Recent blog posts include
- How to stake TUSC on BTS
- How to set up a BTWTY wallet
- Learn about their EOS gateway service
Disclaimer: Please be advised that I own a diverse portfolio of cryptocurrency assets, and anything written or discussed in connection to cryptocurrencies– regardless of the subject matter’s content– may represent a potential conflict of interest. I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES ONLY. Nothing that I write or discuss should be construed, or relied upon, as investment, financial, legal, regulatory, accounting, tax or similar advice. Nothing should be interpreted as a solicitation to invest in any cryptocurrency, and nothing herein should be construed as a recommendation to engage in any investment strategy or transaction. Please be advised that is in your own best interests to consult with investment, legal, tax or similar professionals regarding any specific situations and any prospective transaction decisions.