Crypto Centric - Creating Local Barter Networks With The Bitshares UIA

in #cryptocurrency6 years ago

https://www.cryptocentric.club/tokenize-your-business

Business Models & Use Cases
When used properly, the Bitshares User Issued Asset can accelerate your
business through customer lines of credit, dynamic forms of fundraising,
and much more. Here are just some of the infinite business models and
use cases that can be built around the Bitshares User Issued Asset.
● Fundraising With Discounted Customer Credit
This is revolutionary. Through the Bitshares User Issued Asset you can
now fundraise for your small business without giving up a profit share.
(For ex.) If Bill wanted to start up a bakery but didnt have the funds to do it,
Bill could go to his friend Joe and offer Discounted Customer Credit​ for
the funds to start up his bakery. Joe agrees to give Bill $1000 in exchange
for $2000 worth of “bakery credits”. Bill now has $1000 to start up his
bakery and Joe will now have $2000 worth of store credits for Bills baked
goods. This allows Bill to start up his small business without giving up a
profit share. It also gives Joe $2000 of baked goods when he only invested
$1000. The Bitshares User Issued Asset now provides incentive of
investment without the legal obligations of corporate share certification.
● Marketing With Discounted Customer Credit
Giving your customers the option to get less by paying for greater amounts
of credit upfront​ provides more cases of returning business and healthy
cash flow to business owners. This business model gives greater incentive
for bulk orders / purchases. A merchant can offer $500 of store credit for a
one-time payment of $400. This gives a customer more purchasing power
while providing the merchant “upfront” cash-flow which they can then put
back into their goods & services. This can also be a one-time offer / sale for
marketing purposes.
● Transaction Fees <0.01% With Customer Credit
Perhaps youd like to issue out credit through the Bitshares Network just for
the sake of digital payment processing fees <0.01%. Simply have your
customers pay $200 cash (upfront), create a Bitshares account, and issue
them $200 of credits. Now, when Jenny walks into your restaurant, all she
has to do is give her Bitshares address to pay for her meal. Thats it. As the
asset issuer, you now have the ability to claim her “restaurant credits”
without her consent. Frictionless transactions all recorded on a transparent
blockchain. The transparency of the Bitshares blockchain insures honesty
through two parties transacting in business.
● Customer / Participant Rewards
Tokens are a great way to reward customers, clients, employees for their
time! Hosting a seminar? Need to give people and incentive to show? Why
not pay them in business credits! Once people have credits to your
business they will not let them go to waste. They will feel obligated to
spend them and then, in turn, return to your store / place of business. Host
games for your employees or customers and reward winners with credits!
The possibilities are limited to your imagination.
● Giving Your Token Acceptance
Crypto Centric is a great place to network and market your credits. Some
Crypto Centric participants will hold the same common goal of getting their
credits accepted by many other local small, or big, business owners. By
plugging into networking groups centrally focused on the tokenization of
local businesses, you are given the opportunity to accept / earn many
forms of credit that will help drive the prosperity of our communities through
the healthy formation of a microeconomie.

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Great ideas, i think UIA's really have no limit tho, you can make of it what you want, personally i am mostly interested in using them for some type of hedgefund.

Is great post abut crypto currency, I appreciate your efforts.

this exchange is hella confusing. I can't figure out how to buy BTS

Everybody posting about cryptocurrency

That very good information to us.

This seems fantastic ...thanks of making a dedicated video on this : )

concept seems to be really great just saw your video i think it will a huge hit

wish you all the best bro thanks for sharing

nicely explained with that example thanks for sharing :)

its only for locals in my area but its revolutionary. This is the only way people may be able to do business in the future.