Qllector Start Collecting 2014-05
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Transcript of Qllector Start Collecting 2014-05
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on ownershipAnd now for something
completely different.
content is king
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on ownership
endowment effect
Simply put, the endowment effect says that once you own something you start to place a higher value on it than others would.James Montier, “The Little Book of Behavioral Investing: How not to be your own worst enemy”, 2010, p. 194
But, how much is it?
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on ownership
7.58 mio GBP
#singularity● signed● provenance● exhibited
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on ownership
47.500 USD
#numbered● signed● some provenance● exhibited
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on ownership
850 USD
#numbered● not signed● no provenance● exhibited on your wall
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on ownership
29.99 GBP
#infinite● not signed● no provenance● exhibited on your wall
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no ownership
priceless
#infinite● not signed● no provenance● permanently exhibited
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on ownership
endowment effect
Simply put, the endowment effect says that once you own something you start to place a higher value on it than others would.James Montier, “The Little Book of Behavioral Investing: How not to be your own worst enemy”, 2010, p. 194
But, how much is it?
no ownership
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on ownership
http://www.nothing-to-
own-here.com
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a technical solution
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the Byzantine Generals Problem
Attack!
Don’t attack.
I am Enemy I.
General IV. here.
I’m General I.I’m General II.
General III.
Corrupted message?
I ♥ Enemy I. ...
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the Byzantine Generals Problem
the traditional way: centralized systems
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the Byzantine Generals ProblemNakamotoooo!
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transferable digital assets
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transferable digital assets
I am an enabling technology.
digital ownership
I am a token of ownership.
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transferable digital assets
digital ownership
I am a blockchain.
I am an edition.I live in a blockchain.
I am a coin.I live in a blockchain as well.
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how to
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take any creationof your
s
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issue crypto
representations
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2/41 / 4 2 / 4
3 / 4 4 / 4
signednumberedcrypto editions
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buy sell tradeany creation
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any audio any image any game any text any software any book any video any website any blog any any creation.
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step by step
I ‘ve shareth no file ...
Th’s coin may save ye all.
Where’s my upgrade from “starving artist” ?
We’re the copyriders of the crypto apocalypso !
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1 take any creation.(as long as you have the rights to)
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2 issue a limited edition.
get crypto inside!
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3 buy, selltrade, steal
buyer pays with $, €, BTC, XQT …receives token
seller receives XQTexchanges into $, €, BTC ...
Token of ownership$
$
T
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3 buy, selltrade, steal
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morebenefits
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1 You love the artist?
He’ll love you back, may give you great deals.
A token of your appreciation.
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2 Even if you sell, you’ll do him good! x
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Because he will gethis share as well.
2 Even if you sell, you’ll do him good!
$
$$
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3 Don’t get pwned.
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3 Own.
Not yet.
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3 the global opening hours of your collection are:365/24/7
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structures
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crypto currency Qllect (XQT)● internal unit of account● maintained by foundation● controlled monetary base● open sourced software● block chain securely hosts editions● pegged to Bitcoin (e.g. sidechain)
crypto ecosystem
crypto assets (editions)● the virtual limited editions● transferable crypto assets● value backs the crypto currency
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Qllector SCE● qllector.com● 1st to market● artist/stakeholder owned● “collecting society”
structures
● qllector.org● collects funds● maintain open source software● maintains XQT currency● maintains XQT stability