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[ifinta]

BestMusic
For a sample browser of the BestMusic asset please see the myFavourite alias...

Issuer:
NXT-ZV6C-2Z3A-P9SS-8WFZ6

Asset ID:
7886298454495058445

Idea:

Blockchain based content publishing mixed with a gambling.

Dividents:

There are no dividends. Assetholders are simple content publishers. They pay some money for some place in the web.

Gambling, Prize:

The Publishers of the maximal top 10 really music site (Must be clean. Not a scam, malware, ... Checking is performed by the Issuer.) participate weekly in a drawing.
The prize will be shared equally among the maximum 10 winners. The prize is 40% of the weekly profit in NXT earned by the issuer.
The weekly deadline for the drawing is saturday 15:00 UTC. Publishing of the winners and payments will be implemented til the next day 15:00 UTC.

The first drawing will be performed on the first saturday 15:00 UTC in July this Year (2015). Up to the first drawing is the price of BestMusic asset is 1 NXT. The full revenue until this day will be calculated as a profit in the first drawing.

Weekly profit:

The Issuer sells and buys the BestMusic asset. The weekly profit in NXT calculated from the weekly revenue minus the fees. 40% of the profit is used to make new buy positions on the BestMusic asset. 20% of the profit will support the development and reward the idea.

[ifinta]

Sorry, the gamble canceled for lack of interest.

[ifinta]

For technical background please see:

https://nxtforum.org/alias-system/alias-as-an-attribute-or-feature/