Black Mirror Nose Dive anyone?
Nice concept but the "invest" idea introduces friction that could be too much to overcome.
What about a PageRank system based on recommendation / testimonials and likes and connections?
The starting share price is 1.00 for all members at the time of registration.
- When anyone BUYS shares in your profile, the price will increase by 0.01
- When anyone SELLS shares in your profile, the price will decrease by 0.01
Each trade is fixed at 100 shares
There are a few limits we placed for the launch:
[1] A maximum of 1,000 shares in another member per day
- So, if you wanted to BUY 5,000 shares, it would need to be spread across 5 different days
- The same logic applies if want to SELL shares
[2] A maximum of 100,000 shares total in another member
carabiner|5 years ago
4sellff|5 years ago
- When anyone BUYS shares in your profile, the price will increase by 0.01 - When anyone SELLS shares in your profile, the price will decrease by 0.01
Each trade is fixed at 100 shares
There are a few limits we placed for the launch: [1] A maximum of 1,000 shares in another member per day - So, if you wanted to BUY 5,000 shares, it would need to be spread across 5 different days - The same logic applies if want to SELL shares
[2] A maximum of 100,000 shares total in another member