Awesome!
Explanation of Mosaic/Namespace is easy to understand too, for the non-techy person ...
thanks.
Here is some more info about what makes Mosaic.
Our initial rollout is a mosaic that has the following properties:
description Free-text description of the mosaic up to 128 characters, changeable by the owner.
divisibility Adding this makes a quantity divisible, up to 6 decimal places. A divisibility of 2 means 2 decimal places.
information Arbitrary byte array that can be in the property, with a size limit; this is the same as messages in NEM.
mutable quantity This property allows the quantity to be mutable or not.
name (required)
Name of the mosaic, up to a size limit of 32 characters; must be unique under the domain name.
domain name or namespace (required)
Globally unique fully qualified domain name that is registered and owned by the mosaic creator. A top level namespace has a size limit of 16 characters, sub-namespaces have a limit of 64 characters.
quantity The amount of mosaic in circulation. If immutable, it is fixed, otherwise it is dynamic, i.e., more can be created or destroyed later.
transferability If no, it means it can only be transferred between user and creator. Otherwise, it is freely transferable.
levy A levy allows the creator of a mosaic to set a tax on any subsequent transactions of that mosaic. This levy is sent to an account of the creators choosing. Any mosaic or XEM may be used as a levy.