<moos>
have a question regarding token offering on our plattform
<moos>
Regulation-compatible
<moos>
i am in germany
<MikeFair>
I read your page; but I can't speak to regulations
<moos>
and searching for a solution to bypass transactioncost
<moos>
ok
<MikeFair>
Bypass how so?
<MikeFair>
Credit cards?
<moos>
with intern tokens like in the gaming industry
<MikeFair>
or some other transactions costs like VAT
<MikeFair>
Stellar can definitely keep track of "Credits" that you've issued and allow people to trade those credits amongst themselves
<MikeFair>
but I'm not sure if that's what you were after
<moos>
yes
<MikeFair>
You mentioned a Video-On-Demand service
<moos>
yes
<moos>
uses buy videos from other users with this credits
<moos>
we will get a % of each sale
<moos>
users can sell those credits to us for real money
<moos>
fiat
<moos>
of crypto
<MikeFair>
How did they get credits to begin with (I'm asusming they bought them from you)
<moos>
yes
<moos>
there are so many games out there who are selling ingame tokens
<moos>
it should be possible to do this
<MikeFair>
So they come to you and purchase some credits; use the credits in the video on demand market; then the receivers of those credits (presumably the video producers) "cash out" with you
<moos>
yes
<MikeFair>
Yes, that sounds like exactly what Stellar was designed for
<moos>
perfect
<MikeFair>
I'm fairly new to the Stellar Universe, but this channel really doesn't have anyone else who speaks
<moos>
ok
<MikeFair>
I can't speak to the regulatory aspects; but technically this is very direct
<moos>
where should I ask regarding regulatory? any idea?
<MikeFair>
Probably the video game industry, your financial prosecutor/regulator (in the United States it's an organization called "FinCEN")
<moos>
ok thanks for your help!
<moos>
I will do this now
<MikeFair>
Although what's interesting is you might be able to bypass fiat
<MikeFair>
or create a relationship with an exchange
<moos>
yes that would perhaps nice ase well. Or I will become an exchange :)
<MikeFair>
You'd accept "XLM" (Lumens; which is the native currency of the platform) and send "VDC" (Video On Demand Currency)
<moos>
Yes
<MikeFair>
At some point you'd take back the VDC and could potentially just issue them back XLM
<moos>
I wish you a nice day and week :) I will come back if I have found a solution