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Thinking About Creating A New UIA Token (BALLS) On BitShares -- Any Interest From Steemit Community? by nepd

View this thread on: hive.blogpeakd.comecency.com
· @nepd · (edited)
$13.93
Thinking About Creating A New UIA Token (BALLS) On BitShares -- Any Interest From Steemit Community?
![](https://steemitimages.com/DQmahocRwcXkHnyWBG5ZEgRjt8wpV8ETxbjXE3szURxaL6f/image.png)

Since I joined this incredible platform a little over a month ago, I've found myself spending less and less time on places like reddit. However, there is one scratch that steemit hasn't been able to itch for me: my absolute love of sports.

Steemit has a small sports community, but it hasn't taken off yet. I'd like to change that.
![](https://steemitimages.com/DQmRzDAP2wcbECgdvjxv1sEhjuSkfDUhtBkGYmh1PXRqyjo/image.png)
For the last ten years I've been at least partially employed as a sportswriter/consultant, owning my own network of NFL sites and working for companies like [Bleacher Report](http://bleacherreport.com/users/817911-james-christensen), USA Today and Comcast Sports Net. I've cultivated a large network of writers and editors whose talents I'd like to bring to steemit, rather than having them chasing clicks on ad-supported websites.

To do that, I'd need some monetary incentive to give to these talented writers. Starting out earning pennies on a post read by (maybe) 15 people isn't going to cut it. 

I was used to a website with 100,000+ unique visitors per month before coming here. It's a stark contrast. However, I understand what steemit is trying to do and feel that STEEM is the future of content rewards, not CPM advertising.  The others might need some convincing.

I want those 100k+  visitors to come to steemit instead. Don't you?

With the pending start of Peerplays, writing about sports gambling will also be a high-profile gig.
![](https://steemitimages.com/DQmRzDAP2wcbECgdvjxv1sEhjuSkfDUhtBkGYmh1PXRqyjo/image.png)
Here is my very much in-progress proposal. I aim to create a user-issued asset (UIA) on @bitshares with the help of @virtualgrowth. 

These tokens would act as a share in our group of sportswriters and give one rights to a share of the profits generated from our posts here on steemit. Fifty percent of our weekly profits would be distributed to holders of a full token. Two full tokens would get you two full shares.

I was thinking BALLS (tee hee) for the ticker symbol. A simple name that connotes exactly what it is our community would be doing. 
![](https://steemitimages.com/DQmRzDAP2wcbECgdvjxv1sEhjuSkfDUhtBkGYmh1PXRqyjo/image.png)
That's my rough sketch for what the new UIA would do. Price, distribution, etc... would still need to be worked out, but before I did all the hard work of setting it up, I wanted to do some market research and see if anybody would be interested in supporting such an endeavor.

Leave a comment with any constructive feedback, questions, or support. Thanks for reading!

(image via MensFitness)
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vote details (269)
@fraserb ·
@virtualgrowth I also aim to create a user-issued asset (UIA) on @bitshares and need some help. Can you contact me please.
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@majes ·
I kinda like the idea, the more UIA the better...

Go for it !!
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@merej99 ·
I would totally support you @nepd - I think it's a fabulous idea.  Now, if the look on my husband's face was precious when I said I own WANGCHANGE, imagine the look when I say I own BALLS.  

Hmm...  On the one hand, he may say I already have his.  On the other he may say I already have balls that clank. LOL  I'm looking forward to the progress on this! :)
👍  
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vote details (1)
@nepd ·
WANG and BALLS. Oh my...
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@screenname ·
Re: Thinking About Creating A New UIA Token (BALLS) On BitShares -- Any Interest From Steemit Community?
<p>This post has been ranked within the top 10 most undervalued posts in the first half of Apr 30. We estimate that this post is undervalued by $17.01 as compared to a scenario in which every voter had an equal say.</p> 
<p>See the full rankings and details in <a href="https://steemit.com/curation/@screenname/the-daily-tribune-most-undervalued-posts-of-apr-30---part-i">The Daily Tribune: Apr 30 - Part I</a>. You can also read about some of our methodology, data analysis and technical details in <a href="https://steemit.com/curation/@screenname/introducing-the-daily-tribune-most-undervalued-posts-of-nov-04---part-i">our initial post</a>.</p>
<p>If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.</p>
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@virtualgrowth ·
Sounds good!  I'll be in touch.
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