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RE: Steem Loan Idea Being Explored with a loan to @mrwang managed by @virtualgrowth
If I'm understanding your idea correct.. sounds dope as hell.. something that could be used for tokens
If I'm understanding your idea correct.. sounds dope as hell.. something that could be used for tokens
agreed hmm steemit has unlimited potential!
I'll elaborate:
@mrwang wants a loan of $100 SBD
@virtualgrowth contributes $70SBD
@holoz0r contributes $30 SBD.
We agree on 10% Interest.
Therefore, your future post rewards are distributed as such:
70% to VG
30% to holoz0r
This continues until the loan is paid + Interest; and the beneficiary is then "expired"
I'm thinking of no token, but that also equals no liquidity for investors / lenders.
Is that how you understood the concept? Good luck with the F150!
if you made it into a token.. you could sell it as a note...
I think I understand it.. either way, sounds pretty cool and worth looking into further.
Thanks for the contribution and wishful thinking as well.
If you could sell that token and the "beneficiary" state in your rewards, that would be incredibly epic and make steemit a legitimate competitor to things like gofundme.
sounds awesome!!👍👍👍