TASKMANAGER BitShares UIA Minimum Value Update #2 (+ Tier Announcement)
TASKMANAGER is a bitshares User Issued Asset (UIA) created by @taskmanager. Holding certain amounts of TASKMANAGER now places you in certain tiers, each tier having it's own bonuses. TASKMANAGER up for sale on the bitshares DEX is not counted as held TASKMANAGER. Only TASKMANAGER being held in your bitshares wallet will count. What you get from each tier WILL change over time.
Tier 0
0.0001 - 14.9999 TASKMANAGER
No Bonus :(
Tier 1
15 - 49.9999 TASKMANAGER
Share drops possible in this tier.
Tier 2
50 - 99.9999 TASKMANAGER
Qualifies for @taskmanager steemit account autovote for blog posts.
Share drops greater than tier 1.
Tier 3
100 - 249.9999 TASKMANAGER
Qualifies for @taskmanager steemit account autovote for blog posts.
Share drops greater than tier 2.
Tier 4
250 - 499.9999 TASKMANAGER
Qualifies for @taskmanager steemit account autovote for blog posts.
Share drops greater than tier 3.
Tier 5
500 + TASKMANAGER
SBD Split: A certain amount of OPEN.SBD will be split evenly among tier 5 members during the monthly buyback
Qualifies for @taskmanager steemit account autovote for blog posts.
Share drops greater than tier 4.
Example:
Hypothetically speaking, lets say the next share drop was going to be in OCEANIA, the share drop could be structured something like this.
Tier 0 - 0 OCEANIA Each
Tier 1 - 1 OCEANIA Each
Tier 2 - 5 OCEANIA Each
Tier 3 - 10 OCEANIA Each
Tier 4 - 25 OCEANIA Each
Tier 5 - 100 OCEANIA Each
Having a minimum value for any bitshares asset is quite simple, just place a buy order for all available TASKMANAGER in circulation. There is less then 50k TASKMANAGER in regular circulation, so 50000 was a safe choice. The MINIMUMS are:
5 OPEN.MUSE (up)
0.5 BTS (up)
0.003107 OPEN.STEEM (up)
0.0000428 OPEN.ETH (up)
2,720 COMPUCEEDS (same)
0.00000016 OPEN.BTC (same)
You can check these values against those from two weeks ago here.
Please keep in mind these are minimum values, and it is my goal to increase these minimums over time. These are in place in case @taskmanager gives up, is jailed or dies....
Having these buys spread across multiple coins adds security and a lottery effect. If one coin or asset dies out of existence, the others are still available as an emergency exit. If one is pumped to the moon, TASKMANAGER may get pumped along with it. The next coins to be added as minimums are going to be ALTFUND and CADASTRAL.
This post has been ranked within the top 80 most undervalued posts in the first half of Feb 04. We estimate that this post is undervalued by $3.49 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Feb 04 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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so you are cashing out :!
Where?
Why?
How?
No?
I am doing a power down cycle for the regularly scheduled buyback
:) sorry conspiracies get to me :D I have no idea what is going on here :D
that is meme worthy :)
Have not seen altfund but cadastral looks a very interesting project
The bitland (cadastral) project has great potential, if they get things rolling I would gladly purchase land through the system, and hopefully rent it out through the same system.
Ive been using openledger for the past month now. I dont understand buyback? And do all of the currencies have a minimum for a share drop?
Hey @bola,
A buyback is when I take some of the profits earned, and buy my asset back from those willing to sell it. This usually happens at an increased price. Sales from this token were used to power up this steemit account, so once a month profits from this account pay back investors.
The share drop is like a dividend without a schedule. Every now and then, at random, holders of TASKMANAGER will find they have had some other type of share or asset gifted to them. The amount of the gift will depend on the tier.
The minimum values are the lowest possible price for TASKMANAGER, and are increasing all the time.
I hope that clears things up
Ok, i get it now. Thank you for clearing that up.
I just purchased some, and i'm now at tier 3. i'll get more each month seems like a pretty good investment, thanks.