RE: How to get $1 for each of your Steem

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How to get $1 for each of your Steem

in steemit •  8 years ago 

Hi. This is an exciting new project and looks to be an excellent way to get in at the start of a new coin.
I'm a big fan of @williambanks ideas, and have read the introductory posts, but economics is definitely not my strong card, so some of it (particularly on the role of the 3 separate currency layers) has gone a bit over my head. So before I part with my $1,500 (or whatever) bid, please can you set out in very straightforward layman's terms exactly what the bid will be getting me? Ie I'll be buying 100 VIVA Crowns (if I win), and as the owner of these VIVA Crowns (as opposed to straightforward VIVA coin) exactly what will my obligations and expected benefits be?

BTW - Assume it's fine for us to vote multiple times if outbid?

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