Elevator Speech
It's all about Honest Money. The hero is a stable, fast, appreciating market pegged asset that is backed by the equity of the platform which manages it. No counter party risk like other currencies backed by government debt or gold that may or may not be in a vault. And it grows, by definition, by 5% APR against the dollar. The Hero is borrowed into existence by someone who uses BTS as collateral - like a home equity loan uses your house as collateral. Except you can sell, trade, spend or hold the Hero like a coin.
This sounds like a very interesting marketing campaign! How will the value of HERO grow by 5% APR in the off chance that you experience a less than desirable turnout? Will you be investing the HERO in tangible business ventures, or is the value you of the equity arbitrarily determined by the exchange?
The Hero is a market pegged asset that by definition grows by 5% against the 1913 dollar. The collateral that is backing it us used to guarantee that growth. The value of the collateral depends on market forces and may go up or down. Our marketing campaign is intended to keep a steady wind in the growth producing sails.
Elevator Speech
It's all about Honest Money. The hero is a stable, fast, appreciating market pegged asset that is backed by the equity of the platform which manages it. No counter party risk like other currencies backed by government debt or gold that may or may not be in a vault. And it grows, by definition, by 5% APR against the dollar. The Hero is borrowed into existence by someone who uses BTS as collateral - like a home equity loan uses your house as collateral. Except you can sell, trade, spend or hold the Hero like a coin.
Thanks for explaining. Ithink bitshare is a real turn on the economy.
This sounds like a very interesting marketing campaign! How will the value of HERO grow by 5% APR in the off chance that you experience a less than desirable turnout? Will you be investing the HERO in tangible business ventures, or is the value you of the equity arbitrarily determined by the exchange?
The Hero is a market pegged asset that by definition grows by 5% against the 1913 dollar. The collateral that is backing it us used to guarantee that growth. The value of the collateral depends on market forces and may go up or down. Our marketing campaign is intended to keep a steady wind in the growth producing sails.
This is most helpful. Thank you! I am a firm BTS supporter.