A=Silver Quest, Working Guide.
Silver Quest.
Steem can be traded on the open market for FIAT and used for the purchase of items.
Once removed from your wallet It stops working for you.
Keep the benefits of holding Steem and using it on purchases.
The Plan.
- Have a Steem account.
- Purchase a collectible item with Steem.
Each collectible is allocated its own Steem and can only be claimed by the attached collectible
It's that easy.
Benefits For You.
In addition to your purchase of a collectible Item. We offer a return trade policy, a collector can take advantage of.
Attached to each Collectable Item sold. There will be Steem. This amount is calculated at the time of sale. (see example 1 below)
Items redeemable at 60% of the sale value in Steem at the time of sale. (beneficial to your investment when Steem goes back to 50c or a $).
Unique account created for each collectible
.Assurance of that Steem being there for you by being locked to an account and the traded Item.
All exchange rates are done at the time of sale. Later changes to the market prices are not indexed to held Steem.
Formula
a = 100% of the price
b = a - 40% = c
c = 60%
a = The full price of the collectible in Steem.
b = The amount of Steem being held for eventual redemption (as described earlier in this document)
c = The amount of Steem that is going to a new unique account. (60%)
Notes:
All values in the above formulas are in FIAT and converted to Steem at the time of sale.
The values of Steem are TBD as per the agreed-upon exchange rates from fiat to Steem on the date of contractual transaction aka “sale”.
As such the values in Steem may vary from transaction to transaction, because of the dynamic/varying exchange rates from fiat to crypto.
Example 1.
Traded item value at the time of sale. $30.
Steem value attached at 60% of sale = $18
Current exchange rate $18 = 144 Steem.
144 Steem is stored on a new unique account attached to the collectible.
This 144 Steem is redeemable to the sold collectible
when traded back to the "Silver Quest" account. (@silverquest)
This amount once sent to the account is fixed and cannot be altered.
We do not offer financial advice.
We trade collectibles.
Congratulations @silverquest! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPVote for @Steemitboard as a witness to get one more award and increased upvotes!
And Black birds like shiny things like collectable coins. 😁
Posted using Partiko Android
Be sweet seeing this expand.
@alliedforces curate 2
Keep up the great work and join us in The Castle sometime!
The #spreadlovenotwar curation campaign is under the guidance of witnesses @enginewitty and @untersatz.
Hello!
This post has been manually curated, resteemed
and gifted with some virtually delicious cake
from the @helpiecake curation team!
Much love to you from all of us at @helpie!
Keep up the great work!
Manually curated by @enginewitty.
@helpie is a Community Witness.
You have been curated by @enginewitty on behalf of Inner Blocks: a community encouraging first hand content, with each individual living their best life, and being responsible for their own well being. #innerblocks Check it out at @innerblocks for the latest information and community updates, or to show your support via delegation.