It’s all about Bitshares
Have you read it? One needs to review the brief backstory of Compumatrix in order to see how they continued to persevere, provide hope and enlighten everyone about their business.
What is your business anyway?
Compumatrix is all about Bitshares. In order for you to fully understand how to operate your business, it is a must that you understand the basics of Bitshares.
Bitshares makes use of the Graphene Blockchain Technology. The keyword there is blockchain technology. You should know what it does by now. If not, here’s a simple definition of it:
A blockchain is, in the simplest of terms, a time-stamped series of immutable records of data that is managed by a cluster of computers not owned by any single entity. — Blockgeeks
In short, every program that uses the blockchain is guaranteed that everything is transparent and immutable (cannot be changed). This means that when you perform a transaction, it is undeniably final and verifiable. And no one can oppose this as what is recorded is the truth.
The Bitshares Mindset
Becoming a part of Bitshares Ecosystem means you’re putting it on the spotlight. For a moment, do not think of Bitcoin, Ethereum, EOS or any other ecosystems or blockchain technology when you are doing business within Bitshares. Bitshares must be first and foremost your priority. Bitshares’ core token is called BTS. Much like Ethereum has ETH. And like the latter, BTS is the token used to power up all other assets called User-Issued Assets on the system. These UIAs are the same with the Tokens you find on Ethereum. The only difference is that these UIAs can be created faster and thus a community can deploy it and distribute it according to their set goals.
There’s a lot of opportunities on Bitshares specially when you pay particular attention to its peer-to-peer capabilities. Like BTC, you can buy or sell via P2P. Don’t let exchanges fool you or dictate the price of each BTS. Always remember that a Digital Asset, Virtual Currency or Cryptocurrency is a property you own. Although, yes, you do need to consider supply and demand BUT that is not always the case. You have to think about the bigger picture. Don’t be cheap. Peer to Peer Trading is still best at this point in time.
Thus, your ultimate job must be dedicated to Onboarding Activities. It is called onboarding since this task doesn’t stop after they (your referrals or invitees) have signed up. You also need to orient new members on how to fully utilize the platform. Now, I know what’s on your mind. How can I orient someone when even you are not aware of Bitshares’ full capabilities. Let’s take it one step at a time. We will also post a step-by-step video about Bitshares. The Compumatrix community is also a great resource of information about Bitshares (if you know who to approach.)
And that would be on our next topic: The Bitshares Ecosystem and an Introduction to User Issued Assets from Creation to Liquidity.
Originally published by Bitshares Labs at https://www.compumatrix.ph on October 30, 2020.
