Greetings Steem Community,
Today, I'm going to shed a bit of light on a handful of assets issued by Openledger and available on Bitshares that I believe have great potential, and have already generated a lot of value for holders. These assets aren't the easiest to understand, but after a little research I believe I've come to understand their value proposition and now include them in my portfolio of holdings.
OBITS
OBITS are the flagship token of OpenLedger. Holders of the token receiving sharedrops of interesting new tokens for projects that are using OpenLedger for ICO services. Just recently, everyone holding OBITS received QORA in their bitshares wallet for free. I believe there are at least 4 scheduled sharedrops over the coming months, meaning you can get free exposure to new projects just from holding OBITS.
A portion of the revenue streams generated by OpenLedger's suite of services also feed into a buyback mechanism for OBITS, where the share supply of OBITS is decreased by using these revenues to buy the token off the market and burn them, destroying them forever. This is my top pick of the three, and also currently the most expensive.
Click the image below to use my Bloggersclub referral link and learn more about OBITS as well as when future buybacks are scheduled. The next one is July 2nd, 2017 (tomorrow!) and it's going to be a big one!
ICOO
ICOO tokens are dubbed the "ICO of ICOs" by OpenLedger and represent a larger share in the revenues of the ICO services provided by the company than OBITS does. These tokens regularly receive a sharedrop of OPEN.BTC every month based on how much revenue was earned by OpenLedger for ICO services. Also, profits generated based on exposure to the tokens that ICO using OpenLedger's services are used to buyback the ICOO token off the market and decrease supply forever, similar to OBITS. The benefit of grabbing ICOO is that it is still cheap, in my opinion, compared to OBITS.
Click the image below to use my Bloggersclub referral link and learn more about ICOO as well as when future buybacks are scheduled. The next one is July 2nd, 2017 (tomorrow)!
BTSR
I know the least about BTSR, but one thing I do know is that it also has a buyback mechanism based on revenues generated from a yet released product called HubDSP. I grabbed some of these as they were the cheapest of the three, and I like how there is a direct economic incentive for holding these; that is, the success of OpenLedger's advertising product should correlate to an increase in the price of this token over time. Since in this one is the cheapest of the three, I recommend buying a bit as a longer term HODL.
Click the image below to use my Bloggersclub referral link and learn more about BTSR as well as when future buybacks are scheduled. The next one is July 3nd, 2017 (in two days!)
Do you know anything about these assets that I didn't mention? I'd love to hear your thoughts, feedback, and questions below in the comments section. Thanks for reading!