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TOPIC: [BTA] BATA | Barter on the Blockchain. The predecessor

[ANN] [BATA] SCRYPT POW DGW TOR / I2P 5 MIL - NOPREMINE 3 years 5 months ago #441

  • BataDev
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Here's something to discuss & your input would be appreciated - this will be added to OP - the next step for BTA.


The barter system is an old method of exchange which has been used for centuries and long before money was invented. People exchanged services and goods for other services and goods in return.
Today, bartering has made a comeback using techniques that are more sophisticated to aid in trading online. Barter has grown into a $20 billion-a-year industry. Currently, 60 percent of Fortune 500 companies and hundreds of thousands of other businesses around the world barter.

Barter may also occur in commercial economies, usually during periods of monetary crisis. During such a crisis, currency may be in short supply, or highly devalued through hyperinflation. In such cases, money ceases to be the universal medium of exchange or standard of value. Money may be in such short supply that it becomes an item of barter itself rather than the means of exchange. Barter may also occur when people cannot afford to keep money (as when hyperinflation quickly devalues it).

Barter has been re-invented, decentralized, secure and widely available in the form of Bata (BTA).

BTA will enable you to barter / trade conveniently across multiple platforms right across the globe - buying, selling, swapping and earning.

BTA converts slow moving stock, downtime, spare capacity or vacant seats into extra sales.

Gain new customers, who generate increased sales income
Move excess stock or utilise downtime
Free up cash to pay existing expenses
Increase profits from introduction of new business

You don't have to purchase from the same business that purchases from you
You can spend with anyone locally, nationally and internationally
You can sell now and buy later, or buy now and sell later
You can use Bata as capital to trade, even before making a sale

Promote your company to thousands of local, national and international businesses who are all potential customers. Every new customer brought to you by the Bata community brings new income on top of what you're already receiving, which will help to increase your profit margins.

The great thing about this Barter service vs current systems that rely on a line of credit and debt system is that your BTA can go up in value, so instead of being in debt your are potentially going to make money by holding BTA, or cash out, in 30+ currencies.


Here is an example on how BTA works - provided by BTA / BCT community member: thoth-Atlantian

It's all about idle stock & capacity!

I will use a restaurant as my example.

John owns a restaurant that 5 nights a week is only 65% full,
He has all his normal staff on, the lights and gas equipment is on but he could still seat another 45 people.
That is idle capacity.
So he has the latest BATA app and sets it to open for BATA!

Susan the head of Advertising at some local radio station who is taking out some clients to impress them see's this and goes to Johns restaurant using BATA as her means of payment.

Now this works well for John as he wouldn't normally have had anyone to fill that table on that night and instead of it going to waste he sold $300 worth of food. Because his food costs are only 25% and everything else was being paid for anyway
Whatever he buys now with his BATA will be at a 75% discount!!!

What about Susan you ask? well radio has plenty of idle time to sell with low overheads, she was straight onto the new BATA app when she saw it was available, As she has high customer relations costs.

Also she had her bathroom remodelled by Bob the builder whose booked job was rained out for the week and had to line up some inside work to help pay the guys somehow. She was happy to supply the goods and pay for the labour.
Of course after download fee BATA would expect 2.5% fees each way on all transactions and a renewal of subscription annually.



We are taking Barter to the next level, your community input is greatly valued and can shape the future of commerce.
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[ANN] [BATA] SCRYPT POW DGW TOR / I2P 5 MIL - NOPREMINE 3 years 5 months ago #443

  • BataDev
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BATA has been added on alcurEX.
https://alcurex.org/index.php/crypto/market?pair=BTA_BTC
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[ANN] [BATA] SCRYPT POW DGW TOR / I2P 5 MIL - NOPREMINE 3 years 5 months ago #445

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8th Exchange now listing BTA:

https://www.southxchange.com/Market/Book/BTA/BTC
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[ANN] [BATA] SCRYPT POW DGW TOR / I2P 5 MIL - NOPREMINE 3 years 5 months ago #446

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Heads up for traders - the Bata website is being translated now into the following languages:

Chinese (Simplified)
Chinese (Traditional)
Danish
Dutch
French
German
Italian
Russian
Spanish
Finnish
Greek
Indonesian
Korean
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[ANN] [BATA] SCRYPT POW DGW TOR / I2P 5 MIL - NOPREMINE 3 years 5 months ago #456

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$BTA now is a verified market on Bittrex
https://bittrex.com/Market/Index?MarketName=BTC-BTA
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[ANN] [BATA] SCRYPT POW DGW TOR / I2P 5 MIL - NOPREMINE 3 years 4 months ago #464

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Nearing 10K blocks left before halving, which is just over 60,000 BTA.

Reward will reduce from 6.25 $BTA per block to 3.125 $BTA per block (312,500 $BTA to be produced before next halving @ 400K Block)

4,303,895 BTA mined out of 5,000,000.
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