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/biz/ - Business & Finance

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28444632 No.28444632 [Reply] [Original]

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).

>> No.28444690

>>28444632
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

>> No.28444771

this is the kinda shitcoin that will actually work in the long run, I got a bag

>> No.28444985

Bzb+1

>> No.28445130

BZB+1 faggots

>> No.28445231

Tfw nobody is selling, nothing but titatnium hands are left in

>> No.28445254

Legit question. From what I gather the more post counts on biz the better, correct? If that is true "reply to this post or your mother will die in her sleep tonight"

BZB+1 faggots

>> No.28445346

>>28445254
I love my mom bzb+1

>> No.28445531

Whats the the current marketcap?

>> No.28445611

>>28444632
BZB+1!!!!

>> No.28445736
File: 224 KB, 1273x621, bzbdozer.jpg [View same] [iqdb] [saucenao] [google]
28445736

I've accumulated my stack

>> No.28445782

>>28445736
hahahhaha
BZB+1

>> No.28446109

>>28444632
>>28444690
tl;dr
Still bought faggot

>> No.28446449

Posting just for the gain

>> No.28446582

Is this another Mcdonald shitcoin or is for real?

>> No.28446933

>>28445254
Ive been holding BASE Protocol token (not BZB) since December, and heres how I see it: if the peg, or target price, keeps increasing, then you only get positive rebase if there is enough demand to keep the price above that peg. So youre not actually invested in the underlying asset, you are investing in the marketcap of the token itself. If you believe that the token's marketcap will eventually grow so large that it is impervious to whale manipulation, then I would say it's a good investment. Only in the later stages of a rebase token is the protocol stable enough to effectively "peg" to its underlying asset. Early on is very high risk and/or very high reward.

>> No.28446998

bzb+1

>> No.28447003

>>28446582
Some upcoming news next week or so I heard

>> No.28447274

BZB+1 bros WGMI

>> No.28447530

Scam

>> No.28447715
File: 68 KB, 1024x720, 1610889304096.jpg [View same] [iqdb] [saucenao] [google]
28447715

Holy shit, the rebase thing really worked. now I'll buy a real bag. Cool project guys.

>> No.28447754

>>28447530
prove it

BZB+1

>> No.28448273

Not only is this a shit scam, OP is a decentralized faggot

>> No.28448538

>>28448273
BZB +1

>> No.28448747

>>28448538
Fuck off cunt

>> No.28448831
File: 383 KB, 600x600, 2934729347238.png [View same] [iqdb] [saucenao] [google]
28448831

>>28448747
BZB +1

>> No.28449580

>>28448273
BZB+1

>> No.28449973

>>28444632
BZB+1

>> No.28451002

>>28444632

Fucking idiots, you keep posting this shit all day long
Get the hell out of here, scammers

>> No.28451102

>>28451002
ty for the BZB +1

>> No.28451246

>>28451102

Don't you feel ashamed for doing this?
Do you even believe someone would fall for your dumbcoin at this stage?
You're a retard

>> No.28451364

>>28451002
>>28451246
BZB+2

>> No.28451523

>>28451364

Yes, dumbfuck, money just appeared out of nowhere. Poof
Keep posing your +1 messages, you'll need the skill once you have to deal with your corporate email at McDonalds

>> No.28451585
File: 101 KB, 566x564, 43253534534.jpg [View same] [iqdb] [saucenao] [google]
28451585

>>28451246
B Z B + 1
B
Z
B
+
1

>> No.28451643

>>28451585

Do it again. We want more

>> No.28451813

>>28444632
>>28444690
Didn't read, never selling

>> No.28452011

>>28451813

This is the dumbest shilling I've ever seen on /biz/
Congratulations

>> No.28452157

>>28444632
BZB + 1

>> No.28452888

>>28451246
Funny thing is, even if you’re saging, the bzb keeps ticking +1 for every reply. Bzb profits from green wojack, red wojack, and is immune to sage.

Almost forgot. BZB +1

>> No.28453167
File: 96 KB, 568x548, pepe-mouse-friend-pepe-coffee-cup.png [View same] [iqdb] [saucenao] [google]
28453167

>>28452888
all of biz can be filled with red wojacks and we'll be in profit from rebases
BZB + 1

>> No.28453531
File: 67 KB, 399x351, pepe-comfy-bed.jpg [View same] [iqdb] [saucenao] [google]
28453531

/comfy/ posting and pumping the rebase

>> No.28453638

>>28445254
:l

>> No.28453716

>>28453531
>>28453167
based

BZB+1

>> No.28453735

>>28453167
Yes. That’s the thing. This one coin is immune to all forces that buffet the lost souls on biz. A true shelter and place of respite to relax with fellow frens

>> No.28454068
File: 80 KB, 1200x864, pepe-monk-and-orthodox-priest.jpg [View same] [iqdb] [saucenao] [google]
28454068

>>28453735
based
BZB + 1

>> No.28454994
File: 91 KB, 395x395, 1590096865734.png [View same] [iqdb] [saucenao] [google]
28454994

BZB +1