A=Silver Quest, Working Guide.

in #steemsilvergold3 years ago (edited)

Silver Quest.

Silver collectible coins and other collectible items for trade with Steem. The first of which will be a Silver round from the last Steem Silver Gold community minted coin. (waiting on arrival)

Steem can be traded on the open market for FIAT and used for the purchase of items.
Once removed from your wallet It stops working for you.
Keep the benefits of holding Steem and using it on purchases.

The Plan.

1. Have a Steem account.
2. Purchase a collectible item with Steem.

Each collectible is allocated its own Steem and can only be claimed by the attached collectible

It's that easy.

Benefits For You.

• Attached to each Collectable Item sold. There will be Steem. This amount is calculated at the time of sale. (see example 1 below)

• Items redeemable at 60% of the sale value in Steem at the time of sale. (beneficial to your investment when Steem goes back to 50c or a \$).

• Unique account created for each collectible
.

• Assurance of that Steem being there for you by being locked to an account and the traded Item.

All exchange rates are done at the time of sale. Later changes to the market prices are not indexed to held Steem.

Formula

a = 100% of the price

b = a - 40% = c

c = 60%

a = The full price of the collectible in Steem.

b = The amount of Steem being held for eventual redemption (as described earlier in this document)

c = The amount of Steem that is going to a new unique account. (60%)

Notes:
All values in the above formulas are in FIAT and converted to Steem at the time of sale.
The values of Steem are TBD as per the agreed-upon exchange rates from fiat to Steem on the date of contractual transaction aka “sale”.
As such the values in Steem may vary from transaction to transaction, because of the dynamic/varying exchange rates from fiat to crypto.

Example 1.
Traded item value at the time of sale. \$30.

Steem value attached at 60% of sale = \$18

Current exchange rate \$18 = 144 Steem.

144 Steem is stored on a new unique account attached to the collectible.

This 144 Steem is redeemable to the sold collectible
when traded back to the "Silver Quest" account. (@silverquest)

This amount once sent to the account is fixed and cannot be altered.

We do not offer financial advice.

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And Black birds like shiny things like collectable coins. 😁

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Be sweet seeing this expand.

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Hello!

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Keep up the great work!

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