Small part burned (reserved)

Using different interfaces did the trick for the User Issued Asset {UIA}.

Bitshares {BTS} Trading markets

One thing that works better at the Waves DEX {Decentralized EXchange} platform is creating unique substantive markets. All the Bitshares blockchain based User Interfaces {UI} offer a limited preset of markets. Even it is perfectly possible to create any kind of market pair. For the MONDO I would want to be able to use this as the main market for instance. And it would be great is this option would be added to all the Bitshares blockchain DEX UIs out there. Also to be able to remove some of the markets, maybe only keeping BTS as a default market?

For now to be able to use a market pair of choice, as far as known to me, it is needed to fall back on the web based UIs. Simply creating the preferred market pair by using an URL {webaddress}. Using the online Bitshares/ Openledger and or the Openledger wallet/ exchange this then could looks something like these examples:

• Bitshares
  https://wallet.bitshares.org/#/market/EUR_MONDO
  https://wallet.bitshares.org/#/market/OPEN.DOGE_MONDO

• Openledger
  https://openledger.io/market/MONDO_OBITS

• Cryptobridge
  https://wallet.crypto-bridge.org/market/BRIDGE.BCO_MONDO

The MONDO in value

Recently the MONDO was set at a price of being 12% more expensive than BTS. At the time of publishing this the price for one MONDO is at $0.21, and now it is for the market to decide where it will go. The MONDO has 5 decimals, that means every MONDO contains a 100'000 Milcent. Every Bitcoin {BTC} has got a 100'000'000 Satoshi. Therefore when compared MONDO would have 923 quadrilion Milcent where Bitcoin has 2.1 quintillion Satoshi. Meaning there are 2.27 times more Satoshi for the total amount of BTC ever than the amount of MONDO Milcent. Meaning that the MONDO is more rare than Bitcoin. This however is no guarantee that one MONDO will become worth 2.27 times more than 1 BTC divided by a 1000.

If, for instance, Bitcoin were to go for the 10'000 USD again, then the price for the MONDO could be $ 22.70, but that is pure and only in theory. And also remember to only invest in Cryptos what you are willing and able to lose.

How to issue more MONDO?

That is still a question. From the 160 MONDO issued a 154.40050 have been given to a fellow Steemian that also has a Bitshares account. This as an appreciation for giving the suggesting how MONDO could be used. The 5.59950 MONDO that were left were burned, which basically means they return into reserve, as far as I know. All these transactions cost BTS or MONDO {a BTS backed pool}, in effect adding value to it. It is possible that the MONDO will be handed out per batch, on request, by a payment of the transaction costs for the issue and sending. And some might even be dropped to some Bitshares accounts, you'll never know. Well that is as long as there is some BTS available to do so. At least now a solution has been found to issue MONDO at will.

May the Cryptos be with us!

First 160 ever MONDO issued today

Screenshot taken at https://wallet.bitshares.org/#/market/EUR_MONDO
Mondo design cc-by-sa @oaldamster.