[bisq-network/compensation] For July 2018 (#95)

Manfred Karrer notifications at github.com
Sun Jul 29 19:09:00 UTC 2018


@initCCG The 1 USD = 1 BSQ valuation is what we use since the beginning of the DAO and to change that would render all past requests incompatible as well all requests of other contributors. I also dont think that this is over valued, there will be 2.5 M BSQ which will represent the project value. Compared to OpenBazaar which got valuation of about 20-30M by the investment they received from VCs I think Bisq's project value is likely higher than 2.5M USD. Your 0.01 USD would render it to 25 000 USD, that is even less as what we have on the donation address and would be also the "printing costs of a BSQ in BTC (e.g. the 2.5 BTC used for funding the genesis tx). 

Your numbers you mentioned above with 0.07 USD / word and 45k words would result in 3150 USD, so that would be very far away from 190k BSQ (USD). I understand that the confusion is coming from a different USD valuation you are using but as said that would render requests from different persons incompatible.

Please try to find a realistic USD value which you feel good with convert that to BSQ according to the "consensus exchange rate" of 1 USD/BSQ and adjust the request.

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