RE: stellar3 Jan 2018 19:49
BLU doesn�t have a direct link to Stellar. What they have is a link to Satoshipay by having a 30%+ interest in Satoshipay. As BLU are an investment company they don�t generate any revenue as such so rely on the value of their investments to dictate their market value.
Satoshipay have been given 50 million Stellars to distribute to the first 100k new users who sign up. Those users can�t sell the Stellars they have to purchase products thus earning Satoshipay 10% commission. Therefore the higher the Stellar price the higher value those 50k Stellars become. E.g 50 million Stellars at the current price is $44 million so 10% commission would generate $4 million in revenue for Satoshipay.
Satoshipay are hoping that users will continue to purchase Stellars to buy products using their site.
The more products Satoshipay can attract to their site the more likely users are to purchase more Stellars to pay for those products and generate even more commission.
Now that�s my interpretation of things, if I�m wrong can someone please put me right.