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Few Questions
#1
Hi,

Recently joined and I have few questions:

1) Do we need to withdraw our BBSCoin or can we keep our forum points ?
2) Is the corresponding BBSCoin amount secured out of the 5,000,000 BBSCoin of the website wallet as soon as we are granted with those 2000 forum points at registration?
3) Is the 1:1 ratio going to change over time ?
4) Any possible usage of those forum points on the forum itself ?

Thanks
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#2
(02-21-2018, 03:20 PM)Bouriffe Wrote: Hi,

Recently joined and I have few questions:

1) Do we need to withdraw our BBSCoin or can we keep our forum points ?
2) Is the corresponding BBSCoin amount secured out of the 5,000,000 BBSCoin of the website wallet as soon as we are granted with those 2000 forum points at registration?
3) Is the 1:1 ratio going to change over time ?
4) Any possible usage of those forum points on the forum itself ?

Thanks

Good questions Big Grin
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#3
(02-21-2018, 03:20 PM)Bouriffe Wrote: Hi,

Recently joined and I have few questions:

1) Do we need to withdraw our BBSCoin or can we keep our forum points ?
2) Is the corresponding BBSCoin amount secured out of the 5,000,000 BBSCoin of the website wallet as soon as we are granted with those 2000 forum points at registration?
3) Is the 1:1 ratio going to change over time ?
4) Any possible usage of those forum points on the forum itself ?

Thanks

1. It would be better to withdraw the coins, as we want to distribute the coins to reach out more people.
2. 5,000,000 BBSCoin is in a pool. So there is no guarantee that your 2,000 coin is always there for you to withdraw. In other words, it is not reserved. The fund will eventually run out.
3. The ratio in this forum will not change.
4. For this particular forum (forum.bbscoin.xyz), the points don't have a usage at the moment. It is purely served as a demonstration of conversion between points and coins. 

However, the usages are depending on how forums implement it. 
For example, for myBB there are plugins for opening a shop for selling stuff or having a paid section. http://forums.mybb-plugins.com/Forum-Plugins--50
Other popular software like Discuz! (in Chinese) has various betting plugins that users can put the bet on sports events. A very common case we've seen are paid to view threads and paid to download attachments.

As we improving the BBSCoin, we think there is a much bigger market for it.
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