Bitcoin-based Counterparty is a fantastic system for serious crypto-finance, but for smaller value transactions, when it comes to placing orders, creating assets, and generally taking care of business WDC brings some great advantages to the party.
Transactions confirmation times on Bluejudy are typically 10x faster than traditional Bitcoin transactions, at 1-10 minutes. This opens the door to whole new applications impossible with slower network speeds.
Network fees on a meta-layer can be around $0.25, and make it costly to run applications on top of Bitcoin. WDC fees are about 100x cheaper, so micro-transactions can thrive on Bluejudy, ideal for socially-oriented projects and startups.
With Bluejudy you can take part in an community-driven global marketplace of good, where anything and everything is traded with no exchange fees. If this is a message that resonates with you, we’d love your support.
A lot, actually. Making your own token on Bluejudy means you can have your own asset to distribute, while still supporting the Worldcoin network and community. Raise funds in WDC, and reward your supporters with a custom coin that can be tailored to your needs, without needing your own blockchain!
Want to publish a book or album without a publisher or have an amazing product ? Create your own token, put up a page explaining your goals and collect WDC donations from your supporters! You get the funds, your backers get a token that can give them access or a share of the project. When you're ready, reward your backers by trading your work for the coin you gave out.
Planning an actual WDC Party, or even just a normal human event? Raise funds for the work and costs by selling an EVENT coin that can then be used at the event to pay for entry, drinks, and shibe snacks. You get the funds up front, and your guests get something tangible (and fungible) in return. This allows you to cover costs, and also give your backers a guaranteed unit of value beyond a name on the guestlist. In fact, the coin IS the guestlist!
Raising funds for doing good? Create a CharityCoin to give back to donors who support your cause. You can then make the token valuable by having businesses and supporters donate and services which are auctioned for the CharityCoin at one-off or periodic events where only the CharityCoin is accepted.
Could Be You
XBJ is fuel for the Bluejudy rocket. Buy the fuel with your WDC during the burn period. With XBJ you can issue your own custom tokens for e-tickets, reward points, game currencies & so on.
For every 1000 WDC you burn, you will receive 1 XBJ. To reward earlier burners, the first blocks will award a bonus of 50%, giving you back 1.5 XBJ for every 1000 WDC. This is a bonus that gets a little bit lower with each block that passes, by the end of the burn the rate will be exactly 1000:1. After burning your WDC, the issuance of your XBJ will happen automatically by the protocol.
The burn begins on Tue, August 12th and will last for 30 days. There will only ever be one burning period, so get 'em while they're hot! If you're thinking about creating something on Bluejudy, you'll need to obtain some XBJ. It should be possible to get some later, but you'd need to buy it from someone selling on an exchange—likely at a higher price.