*AHEM* BZB

[Anonymous No.28360858]

Consider BZB, the cryptocurrency that is pegged to the total daily volume of posts on /biz/, and rebases accordingly. Holding BZB gives a sort of synthetic "ownership" of all volume on /biz/. If someone owns 1% of all BZB, they "own" 1% of posts on /biz/. Since this usecase considers percent ownership of a forum (or network), the rebase mechanism fits perfectly for this purpose. After a rebase, all holders own the same share of the network they did before the rebase. The network is simply divided into a new number of shares. Now, what is the incentive to hold? How does this product and its rebase mechanism deliver yield?

Lets assume the scenario of a stable marketcap from rebase to rebase. On a positive rebase, the marketcap will temporarily increase by X fold to account for the new supply, which is then sold on the open market to bring the marketcap back to its original value. A positive rebase occurs when the volume of posts on the forum is higher than it was previously. When new supply is sold, it is taxed for 1% and distributed to holders. This means that rebase to rebase, assuming a stable marketcap, holders are profitting from the calculated growth of volume on the forum. If the volume of interaction on /biz/ remains constant, then yield is recieved simply from transactions and traders. BZB holders therefore profit from the constant activity and growth of /biz/. It would make sense for those who are active on /biz/ to hold BZB as their thoughtful discussions and activity influences the occurence of a positive rebase and transaction yields which they can profit from (via tax fees).

[Anonymous No.28360869]

>>28360858
This class of tokens like BZB tokenizes the volume of network interactions, which in the case of internet forums, is discussion, hence the name "Tokenized Knowledge Pools." The mechanisms of BZB can be applied to tokenize other types of interacting networks that hold value, like Tor for example. As more and more relay nodes and exit nodes are able to process requests (increased volume), the value of network shares which are not sold also increases. It incentivizes node operators (who hold their Tor token) to continue their operation, while recruiting others.

The World Wide Web and the Internet as we know it is akin to early civilization since its a network thats only been in inception for 30 years. Similar to early civilization which did not have a currency, there are networks of interactions on the Internet which have no currency for their operation, /biz/ and Tor are examples. Physical currency is backed by a network of interactions for physical goods, except this currency is also used as the medium of exchange and is mintable. Discussions between forum members do not require a medium for exchange. People do not pay each other for replies, but BZB is still backed by the network of forum interactions. It is assumed that the network participants of /biz/ in their best interests hold BZB, since contributing and growing the forum nets value.

BZB is quite literally the currency of /biz/. To earn it, you simply have the own

[Anonymous No.28360986]

scam

[Anonymous No.28361093]

Scam

[Anonymous No.28361094]

>>28360858
Website: http://bizbase.org
Telegram: bizbasebzb
Medium: https://bizbase.medium.com/announcing-biz-base-the-worlds-first-tokenized-knowledge-pool-db98bb542ffc

[Anonymous No.28361126]

>>28360986
Explain

t dot me/bizbasebzb btw for anyone that wants to make it, or at least make gains off their shitposting

[Anonymous No.28361163]

>>28360986
N

[Anonymous No.28361198]

>>28361093
Wait til they realize that just by these retards posting scam everywhere our coin pumps more

[Anonymous No.28361229]

>>28360858
>>28360869
>>28361094
>>28361126
Notice the green IDs, while the pajeets that yell "scam" do not have green IDs

[Anonymous No.28361262]

Hi I am a paid shill.

[Anonymous No.28361321]

>>28360986
>>28361093
Prove it then

[Anonymous No.28361374]

>>28361321
I gett paid for every post....in BZB

[Anonymous No.28361558]

>>28361374
Lol tranny jannies on suicide watch

[Anonymous No.28361634]

>>28361558

[Anonymous No.28361725]

>>28360858
This is an actual scam.

[Anonymous No.28361864]

>>28361725
Explain. This seems like a fun idea?

[Anonymous No.28361987]

>>28361864
plz ignore, thanks

[Anonymous No.28362000]

This is not a scam this is a token made by a few biztards trying to make something fun and make some money (somewhat fairly, although I think there was a presale which is stupid). Idk who made it and I don't join telegrams but this is an innocent attempt at making something cool that MAY pnd. Just buy a few for fun who cares? And stop FUDing homegrown coins.

[Anonymous No.28362197]

sam

[Ser Stackalot No.28362250]

I bought in based on today’s earlier thread just for fun. Let’s see what happens in the rebase.

[Anonymous No.28362612]

>>28360858
>>28360869
OP IS PAID OP IS A BAD SCAM HE MADE SHITCOIN TO SCAM PEOPLE. DON'T FALL FOR IT OR YOU LOSE ALL MONEY. BETTING IN OP IS 100% LOSS.

[Anonymous No.28362715]

>>28362612
This broken English screams pajeet.

[Anonymous No.28362868]

Why would a Pajeet warn others about a scam?

[Anonymous No.28363638]

+1 BZB please

[Anonymous No.28364494]

>>28363638

[Anonymous No.28364719]

every biz bro should get a bag, this is not a rug nor a scam

[Anonymous No.28364928]

>>28364719
I got a small bag. Babby's first rebase token, please don't damp on me boys

[Anonymous No.28366183]

>>28364928
You're as early as it gets bro.

[Anonymous No.28367881]

>>28362612
how is scam?

[Anonymous No.28369581]

Not a scam

[Anonymous No.28370502]

Code looks legit. I bought a bag

[Anonymous No.28372032]

>>28360858
bump out of curiosity