ChainBLX Business Plan Overview (No. 114)

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White Paper Summary

Accreditation

Congratulations

We are proud to announce that the following document WP version 114 achieved the ChainBLX opinion based accreditation on .

This accreditation testifies that it is our professional opinion as well as the opinion of our community that whitepaper is in compliance with the professional standard brought forward and regulated by chainblx.io.

Document reached its accreditation with the following statistics.

A ChainBLX accreditation is very difficult to archive and in no way should any statistic be indicative of the quality of the document at hand. Neither should the achievement of accreditation in anyway imply that investors should conduct their own diligence prior to any investment.

Likes of forum members: 0 with a total of number of claims asserted and total of claims dismissed .

The discussion forum will remain open for future discussion, the remainder of the bounty will be reimbursed to the owner and no future claims can be filed.

In the name of the community and ChainBLX

We wish the best of success.

karlkarl Reputation: 0
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I just want to encourage people to comment here negative or positive. It is an accreditation system and we need your input.

ac8db1bf2a1a267f0a3f3736ffd98fb5
erikreed89erikreed89 Reputation: 0
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It looks good. However, is there a way we can edit this so it would be fewer typos. Thanks and good day!

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KVRaoKVRao Reputation: 0
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It is an innovative business plan designed to succeed.

74d6c9a341367a92e445184addeecf94
onderI1sonderI1s Reputation: 0
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It is a good strategy if well refined and then implemented.

1bf28e4f762c6b8b09f5f57b889efada
Eminer1981Eminer1981 Reputation: 0
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Hello everyone. I am new & trying to ensure I follow all rules. I got through the first 2 pages & already have punctuation & grammar suggestions. I know I have to wait until I am approved to submit though. I can't wait to get going. Have a great day!

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karlkarl Reputation: 0
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@Eminer1981 you gained 53 likes and you are live as a Bounty Hunter. This video may help

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edgardoedgardo Reputation: 0
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@Eminer1981 , I go through how to process claims on wp/news articles in the video that Karl posted above. Check it out!

Grammatical corrections are appreciated but be aware that factual challenges/fact checking will result in bounty being awarded more than grammar errors.

Also, check out the post https://chainblx.io/discussion/124/floyd-mayweather-backed-ico-responds-to-lawsuit-investors-have-no-ownership-rights#latest , this is a test case which we have put up with bounty for users to claim. Test in the sense that you can go into this case and test yourself, get comfortable with the claims process.

6e5515100c01379685c4f7b3db108b61
MX10178MX10178 Reputation: 0
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Automatic Claim Number - cla1550515557

Quote - BLX-MF aims to be a truly real-world, asset-backed, digital virtual currency within our system.

Claim - This seems to have the same issue that created a significant problem for the crypto Tether. There is nothing in this business plan to explain how ChainBLX will prove that it has the assets on hand for BLX-MF to be truly asset-backed.

f3b2d5dd43f43c2ee6d31ebc8dd83454
MX10178MX10178 Reputation: 0
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Automatic Claim Number - cla1550515915

Quote - It was calculated by averaging two simple sets of data: (1) historical data from Bitcoin, and (2) NPV of the underlying forecasted assets of a BLX-MF.

Claim - The value growth of Bitcoin is used as a model upon which to base the projection of the value growth of BLX-MF. This is very controversial. Bitcoin, being the first known cryptocurrency, was a unique phenomenon.

9b12ad5d8faf6a6458f431c658a71880
onderI1sonderI1s Reputation: 0
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Automatic Claim Number - cla1550735271

Quote - ChainBLX aims to set new standards for the highest ethical level and full legal compliance, protecting all of our participants. In such a trading universe, investors may have many opportunities but are also responsible for their own diligence. To support such necessary diligence, especially for the ICO, ITO and STO markets, ChainBLX offers the first bounty-driven white paper accreditation service. ChainBLX aims to implement its fully decentralized business model over five milestones, where each milestone aims to conclude on its own as a useful stand-alone business model. The entire implementation of all the milestones should be concluded by the end of December 2019, at which point ChainBLX aims to function completely decentralized on blockchain technology.

Claim - This is a good strategy when it will be well refined,adjusted and implemented .ChainBLX is committed to ensure that cryptocurrency has high credibility in the new economic market and investments.

6f73dfe07df2556cf4800d52d3a6f094
MathildeMMMathildeMM Reputation: 0
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Automatic Claim Number - cla1551963159

Quote - A maximum of a quarter percentage point of any transaction value is charged to each party of the transaction

Claim - This means that fees can range from 0 to 0.25% but it is not stated what will be the parameters defining the fees. Will certain type of assets be charged 0.1% and others 0.2%? This is not clear.

d2e97a736163f465215d979e0b987294
drllaudrllau Reputation: 0
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@karl General thoughts ... this reminds me of the early days of the internet where companies just put up PDF versions of their mail catalogs ... it wasn't until they figured out how to do database backends that they could evolve to e-commerce sites. My general suggestions:

ignore the PDF format completely ... take a leaf from Web 3.0 and use micro-formats or enable machine readable web ... this is to allow data-mining or more precisely to cluster closely related whitepapers

the reasoning is that humans are poor at assessing absolute scales (in isolation) but when given a range, they can figure out that this section is in a particular quartile (wrt quality)

deconstruct the PDF into facts, assertions and assumptions with facts being automatically xrefed (eg fact checker type knowledgebase) and assumptions explicitly nominated.

then human attention of the jury can be focused on the assertions, triaging them into facts or downrrating to assumptions

use existing tools eg http://blog.rbutr.com/about-us/ or loomio as I'm a fan of not reinventing the wheel

whilst I understand it is early days of the chainblx concept, just reducing the pdf into a and/or tree of assertions and subordinate claims with supporting evidence would make searching and identifying the specific items in dispute (rather than clicking an area) would IMHO be more productive.

Lawrence

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jwidrojwidro Reputation: 0
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thank you for this suggestion! we believe that allowing bounty hunters to view the entirety of a white paper is the best way to get the truth exposed. if we parsed the PDF, it would create a layer of abstraction that would allow document owners to obscure problematic portions of their document. however we do believe the process can always be improved and love hearing suggestions!

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THE JUDGE!!!!!!THE JUDGE!!!!!! Reputation: 0
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