Bluebook Investments - The first company registered only in Cyberspace?

Good morning all, I have had to take a break from my on-this-day posts, as I wanted to test out the theory that Cyberspace is a real place. Recently I posted on Does Cyberspace Exist? - https://steemit.com/cyberspace/@biohazrd/does-cyberspace-exist - where I laid out the reasons why Cyberspace is a real place. Now, for those who have an interest in investments, I have set up a business in Cyberspace (registered on the BURST blockchain), which I believe is the first fully functional company to be registered on a blockchain.

To explain how this works, I would like to lay out how the company is structured, and why it can be registered in Cyberspace.

So, the first thing I did was to take control of a BURST wallet (Previously Nailgunassetmanagement), and re-purpose it for the new investment vehicle (you can view the wallet information at https://explore.burst.cryptoguru.org/account/11077796231443043384). The wallet is now Bluebook Investments. By doing this, the wallet brought over an issued asset called "NGAM01"

That was the easy part, as now the company has a wallet, and also has an issued asset to show that it holds funds on behalf of investors as well as for the company itself

Once this had been done, deciding on the companys ethos was fairly simple, as there are too many scams out there in the realms of cryptocurrency, where you are offered unattainable returns on your investments. So, the company's beliefs are in Trust, Honesty and Integrity. This can be backed up through Block Explorers, as all transactions will be visible to all investors (and the general public as well)

After doing this, the next thing to do was create a web presence for the company. This was done with the help of a generous person who believes in blockchain technology, and has kindly paid for the domain, site, SSL certificate and hosting. Building the website was fairly straight forward, and the site is fully live at www.bluebookinvestments.com

FAQ's were added to the site to explain what the company is about, and how it will protect anonymity, as the only information the company will have about it's investors is the freely available information on the Blockchain

To highlight that the company is actually paying out on its dividends, each investment (asset) will have its own page, which will show the type of investment, how much the asset is valued at, the type of risk which has been attributed to it (and why the company has attributed that risk level), and the last dividend payment on the asset along with transaction numbers for transfers for independent verification

How we aim to remain digital and avoid taxation - this is a little trickier, as governments will try and lay claim to a percentage of the asset funds. As in my previous post, cyberspace is not governed by any single governement in the world, so the company is fairly safe on that front. If the government in my local jurisdiction manages to locate me, then the company is still fairly safe, as it only holds cryptocurrencies, which are pretty much like air-miles or an in-game currency. They are worth nothing until you sell them and realise the value in a fiat currency.

The last thing to ensure that the company is safe from the greedy governments of the world is that it is fairly straight forward to hide ownership of assets, thereby making their job so much harder, and allowing the company to continue to trade and function whilst causing a major headache for the tax man. Once your dividends are exchanged for fiat currency, you may be liable for tax, and unfortunately the company cannot help you with that.

Some of you may be wondering why I have done this, so for those of you that are, here are the reasons -

1. Too many scams in cryptocurrency world - I wanted to bring some honesty to the ecosystem
2. Investing in mining contracts can be prohibitively expensive - for someone who only has a small amount to invest, mining contracts can be expensive to enter into, and there is a huge wait for any ROI
3. There is too much pump and dump - People are not investing to secure the future of cryptocurrencies, but are looking to make a quick profit. I aim to bring a sustainable business plan to investors, so they can invest a little and make a reasonably frequent return on their investment without having to wait years to get anything back
4. I love cryptocurrencies - Yep, I love cryptocurrencies, and believe that if more people were educated (rather than believing everything they hear on the mainstream media) in what Blockchain can offer, then Cryptocurrencies have a very bright and positive future
5. To prove it is possible - Proof of concept is a great thing, and to have an idea, and take it to the next level and make it happen is how humanity evolves, and how the future is brought into the now. If this isn't done, blockchain technology will stagnate, and the full potential will never be realised

Those are the reasons for doing this, but why did I choose BURST?

BURST is a proof of capacity coin, and is therefor not centrally controlled by a couple of large interests. If you have spare HDD capacity, then you can mine BURST yourself. Add to this the asset side of BURST, and it makes it an ideal fit for issuing new investments (in the form of assets) and also for distributing the dividend payments to asset holders.

For those not familiar with BURST, you can view more information on their website - https://www.burst-coin.org/

Thank you for reading this post, and please upvote and resteem to spread the word