/biz/BASE DAY 3: THE /BIZ/WAKENING

[Anonymous No.28426574]

BZB is pegged to the total daily volume of posts on /biz/, and rebases accordingly (so far only positive rebases). 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. A positive rebase occurs when the volume of posts on the forum is higher than it was previously. 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. 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 taxing 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.28426587]

>>28426574
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 a share of the network via BZB, and contibute to any post.

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

[Anonymous No.28426953]

Stop posting this STUPID SCAM please

You've been trying this bullshit all day long.
It's just making the case for you being true pieces of shit.

Previous thread on why this is a scam:
>>28297636

[Anonymous No.28427016]

Got my freebase today. This is fun.

[Anonymous No.28427059]

>>28427016

Idiot

[Anonymous No.28427377]

>>28427016
keep up the good work, any post anywhere on /biz/ profit BZB holders

[Anonymous No.28427740]

>>28426953
you can't prove it is a scam you absolute mongoloid. the fucking liquidity is locked there is no way it can get rugged

[Anonymous No.28428404]

>>28426953
>>28427740
He's fudding his own bags. Smart lad

[Anonymous No.28429195]

>>28427016
I love this fucking coin

[Anonymous No.28430268]

>>28427377
>>28427740
>>28428404
>>28429195

Every time you try to fool people to buy your retardcoin your balls shrink, and you become a lesser man that you already are.

Please stop this scam, it's getting tiresome.

[Anonymous No.28430905]

>my scam will work because I'm not a pajeet
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

[Anonymous No.28431531]

>>28430268
reddit spacing again, who is this guy

[Anonymous No.28432720]

>>28431531

Why spacing matters at all, scammer?
Stop this FUCKING SCAM and go do proper work, you piece of shit. Nigger.