Development ideas for team:
1. Same monetary policy for tokens like waves, with voting based on stake amount to increase demand for token, and supply inflation pegged with trading fees on tokens backed by waves. Token issuer keeps 15% of all generated fees in its market, remaining 85% is distributed to top wallets according to share size.
2. Waves team must support top tokens with daily trading liquidity from ICO funds, using share of generated weekly rewards in waves company wallet to inject buyside liquidity into tokens to increase volume and to incentivize new projects to build on platform.
3. Form partnerships with merchant retail using widget payment gateway and rate conversion of fiat to Waves. Traditional marketing to attract mainstream retail for example advertising on cars is very cost effective. Market Waves like crypto stock for small business and focus on ease of use and holistic platform integration compared to competitors which are not so intuitive to use. Waves is combined currency platform, stock platform, lending platform, interest platform, communications and marketing platform, and merchant revenue generating platform. It is so easy to use, that only mobile tablet is required for new merchants.
4. Implement easy lending with smart contract LTV by locking coins in user wallet and if payment fails, funds are returned to lender automatically. This is win win because loan taker gets more waves in wallet by leveraging existing balance, for example LTV 50% which means 2 waves can lend 1 waves, so 1000 gets user 500 more. Lender wins because he gets daily interest, but keep this interest normal not too high.
5. Implement leverage like PrimeXbt, 1:100 waves. Copy their fee model of 80 cents per trade with leverage and overnight interest, use this fee to support inflation of waves supply so that this supply is actually backed by real money and not simply air like it is today.
6. Increase fee for normal exchange trades between 10 to 40 cents. If waves price goes up, fee in waves equivalent is maintained at 10 to 40 cents. Every exchange in the world has higher fee than Waves, and it is a good business model which will have synergy effects in lower txs and higher volume which means more capacity for new users and higher quality of market performance where every trade is more important because it cost more money.
7. From this new fee, waves team keeps 15% profit which is smart business. Rest is distributed to waves owners according to wallet balance, this will be combined into current 5% yearly inflation so that this money is backed by real activity.
8. Implement horizonal ledgers for asset backed tokens with clickable KYC info tags next to tokens so that buyers can learn about seller to increase trust. Horizontal ledger is important in asset trading because fractionalization of material products means that 1 buyer in vertical market must buy tokens according to lowest market price, but with horizontal ledgers, he can buy all tokens from same seller because seller tokens do not compete with other sellers according to undercutting price priority. This will have synergy effect of lower price speculation and volatility, sellers now compete horizontally with compartmentalized price competition of product.
9. Introduce color coding of existing vertical ledgers with KYC info tags next to price. Similar to horizontal system, color coding with seperate info palette on customized website will permit buyers of asset backed markets to obtain all tokens from same seller and avoid mixing. It is important for sellers of physical asset that all tokens are obtained by 1 buyer to ensure profit of deliverable and in case of validation, ensure integrity of the tokenized merchandise.
For example, this is how the system will operate with consumer:
A. Buyer receives wallet airdrop with product that is sold using waves platform. Seller is a company with their own token/crypto stock.
B. When buyer goes into company market to buy tokens for speculation or to redeem product, it is impossible to buy all tokens from same seller with current system, but if there is color coding with info tags, buyer can see who every seller is and choose to buy all purple color tokens even if they are behind green color seller in price matching. So this method circumvents market mixing which is important if company supply is intermixed with speculators like Marquise $Museum is. Another benefit is that purple seller gets paid higher for his stack because color matching avoids price undercutting. There should be a warning to buyer that shows exactly how much every purple coin will cost, so that seller can not deceive buyer by placing a few tokens very high outside normal price.
10. Implement volume based ranking for unverified tokens combined with number of active wallets with more than 10 waves that are trading this token market. All top tokens should be automatically visible and not require manual searching to find, why waves is hiding tokens like this? It is contra indicative for the design purpose of waves.
11. Increase issuance price of tokens from 1 waves to 100 to stop spam. Use this higher price to fund 5% supply inflation so that it is backed with real revenue and not air.
12. Implement KYC verification levels of tokens from 1 to 5 with star rating. Integrate this system with volume and active trading system for unverified tokens as explained in point 10. This verification system must be decentralized and community controlled because of next point:
13. Dump bettertokens partnership. They are a centralized banking and military controlled operation based in swiss mountains and are 100% opposite to the design philosophy of private crypto currency. Their requirements for token qualification are harder to meet than real Nasdaq IPO which is ridiculous when waves main USP will be small to medium business onramping.
Some of this ideas are very high level, even patentable. I deliver this free of charge to a team that has 30 000 BTC in ICO funds. Consider point 2 carefully, as it cannot be intended for projects to deliver this type of advice and then get shafted by remaining hidden from market and be subject to bettertokens gatekeeping. Marquise $Museum is seeking $40 000 to 200 000 to budget 2020 production pipeline, this is something waves team could consider funding using waves that were generated from their huge stack of waves, it doesnt cost a thing because for now those waves are really created from thin air. Company stack of 188 million M2 can be acquired in BTC market at 10 satoshi, it is 18 BTC. There is a loan term attached to this stack which I can present to team in email but it is also in main topic accessible in my signature. So this funding is not simply a give away, you even get the money back.
I respect your hustle dude, maybe you should try eth or even eos for your token, those platforms have way more money and devs have been able to actually do well economically. waves is great technically, but no one can earn alot of money or have success on the waves dex issuing even the best currencies. its not worth all of the work to be poor trying to use waves
