/biz/ - Business & Finance

>>56912732
tZero and having 1:1 blockchain shares is going to be the ultimate kill shot after reverse merger with a SPAC

>>56705867
this is why blockchain shares will be the end of them

>>56654890
There is no difference holding o computershare for GME, AST for bobby was quite shite but we are likely going to blockchain for both. GME literally wrote this prospectus a while ago stating they would have a 1:1 security to what amounts to a digital security that would be on the blockchain. Seems like TZero. So it wouldn't change holding on brokers because those must be counted as real based on their wording here. The fun comes when shorts need to deliver he share to marry up both values. That's when the fun starts and I think he had this ready since the split which the DTCC fucked up and Cohen wouldnt have let them fuck it up without considering a 69D chess move.

>>56650856
It is in motion

>>56162452
I know right

>>54305125
lol they haven't even launched their market place proper yet, when they do it will be more than digital gaming

>>53947383
I said this before but no one listened and screeched autistically. The NFT dividend will not be a simple picture NFT or some buck bunny bullshit. It is going to be shares as NFTs. They outlined this in their prospectus they would issue shares as NFT's at some point. This would required profit as it's basically like a cash dividend but instead it is shares. They have a large pool to draw from still to do this and it would be the ultimate demise of a hedge fund who is short. They must deliver a share, they can't just give cash, when they buy a share to deliver to someone it will make the price go up, thus making it more expensive for them to buy the next one but they must do so for all the holders. Gamestop, as their NFT market works takes a profit of every NFT sold. If they need to buy shares that are limited, they need to then buy YOUR shares to deliver them to the next man, there in lies the dilemma for them. Not enough shares on the market to deliver the dividend which would mean they must start buying real shares off you and me at moass prices to close their naked positions. Each time gamestop gets a % of each sale, which if shares are going for thousands of dollars you can imagine how much money they would take in from this kind of action. When other shorted companies also want to NFT their shares Gamestop becomes a broker dealer and all of a sudden they are the new NYSE but you are self custodial and decentralised while earning a % of every transaction.

It's fucking genius and stop letting retards make you think it's going to be a simple Jpeg or stupid frivolous thing. They need the profit to do it and when they do it all hell will break loose. Hence why you should have some in DRS.

>>53432436
My thoughts are dividends are paid when profitable as shares. The prospectus states they will 1:1 shares to NFTs. This would mean that naked hedgies need to buy shares to deliver the dividend and if they are on an NFT exchange they can't be processed incorrectly. Also being a finite amount paid out, say $0.3 per share for example, for every share a hedgie must buy an NFT or real share, forcing price discovery. They have to buy the rope that hangs them lol. A commemorative NFT just doesn't seem to line up with what they suggested they could do.

>>53399456
Would be nice if Cohen actually did that sometime soon though... I believe profitable company comes first then the killshot of NFT dividends of shares. If loopring become a NFT'defi stock marketthen the amount of traffic using the token as the back end a it burns every transaction will be insane. If only gamescorp did the thing....

Maybe this isn't about NFT's but about just tokenized stocks, maybe the NFT's have nothing to do with the stocks

>>51312602
Whats funny is they make the NFT a share then the price of the share goes up as they would need to buy NFT's to deliver them, which would drive up the price of shares which would drive up the price of NFTs which would drive up the price of the NFT's etc and each time gamestop would get a cut of transactions lol

Shorts are utterly fucked