Discovery "Terracoin investment fund" (active)Back

Title: Terracoin investment fund
Owner: hanzac
Created: 2017-12-13
Proposal link: Not Linked

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0 points, ~1 year ago
I am looking forward to TerraCoins many projects. If we just sit here, waiting for someday the TRCs value will increase ... then its a disaster!
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0 points, ~1 year ago
I like this idea. There was an ICO Mass Cloud that was going to invest the funds in MN coins. Then the SEC ruling came out and the lawyers shut them down. They refunded everyone. It was going to be automated - I can reach out to the team to see if anyone from the team would be interested in setting something up for us.
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0 points, ~1 year ago
The TerraCoin Foundation is being kept Clock-U. I saw him say notarized, hired lawyer ????
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0 points, ~1 year ago
If we for some technical reason cannot automate the trading decentralized - then we should rely on an array of portfolio managers rather than just one - to spread the risk of abuse.
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0 points, ~1 year ago
I like the idea of a decentralized investment fund - where transactions should be voted on by master nodes or their owners

In my opinion, it should NOT be a single bot hosted somewhere or a SINGLE human being - but done by MN votes on how to manage the portfolio - with basic rules such as no single asset can have a value more of more than 10% of the total fund.

Then people could write their own bots - or make their own decisions as a human being - or use a bot released by the community.

The point is to score each MNs decisions over time - to see if it over- or underperformed in relation to the actual portfolio - and adjust its voting count in correspondence with its performance.

This is posible if most coin SCRIPT allow the setup rules for multible, perhaps 100s of signers.

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0 points, ~1 year ago
According to sixoffive comments, I think can vote whether we should pay dividend to all masternode addresses at every year end.

I hope we can have a perpetual TRC investment fund. To achieve this goal, I have a idea to create a dedicated bot to do this instead of finding a human manager.

However we still need someone to do maintenance job for the bot even after its created.
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0 points, ~1 year ago
Someone can build a transparent fund to invest new promising coins.
The fund will be owned by the whole masternode owners. A manager will be assigned to operate the fund.
All fund assets addresses will be public seen by the masternode owners at least.
Which coin to be invest will be discussed or voted by the governance system.
Every quarter or year, dividend will be paid to masternode addresses evenly.
Every year, a percent of revenue will be donated to foundation address.
More details should be discussed, then we can build a formal proposal.
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