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Title: SafeHash -- 43.7% APY -- Fully Insured Post by: printshop on January 31, 2015, 12:48:33 PM Issuing Account: NXT-X5EF-HTB2-RLYU-HW8E7
NXT Asset Id: 14777906162204143382 We've been in operation for a couple of months. For more information please visit our NXT AE thread: https://nxtforum.org/index.php?topic=7448.msg149290#msg149290 I will be checking this topic from time to time to answer any questions about the fund. Title: Re: SafeHash -- 43.7% APY -- Fully Insured Post by: ocminer on January 31, 2015, 12:49:17 PM Again?
Title: Re: SafeHash -- 43.7% APY -- Fully Insured Post by: printshop on January 31, 2015, 12:56:32 PM Again? WAAT? Oh sorry, nothing against you, but I forgot to have this thread self-moderated. Please repost in the new thread and I will answer your question! Please read the FAQ at https://nxtforum.org/index.php?topic=7448.msg150808#msg150808 ex. 4. I do not understand how is connected mining and SafeHash asset? I have read the IPO information 3 times and still I do not see the source of the profits. (From: blackyblack1) --> We invest the NXT from share sales into mining assets like cex.io or Cointellect. When those assets pay a dividend we distribute 50% to you and 50% to back new shares and sell them into the market. If nobody buys those shares, we can reinvest it as a way to increase demand for the asset or just take it as our management fee. 6. Can't you just buy mining assets yourself and have 100% profits? Since profits are split 50%, the risks should be split too. But it looks like all risks are on the SafeHash issuer. (from: blackyblack1) --> The fund is self-backing. It grows and produces income for us independent of additional investment on our part. Yes, we took a huge initial risk when we started the fund, but as the fund has continued to grow, that risk has been gradually removed. Each week we have the option of either issuing more shares for sale, or just taking our share of the income as a fee. Since many people have invested into this, our income has become greater than if we just invested our own money on our own. Title: Re: SafeHash -- 43.7% APY -- Fully Insured Post by: printshop on January 31, 2015, 02:46:19 PM Announce: Dividends on our sister asset "DailyTrade" were raised from 0.0008 per day to 0.0009 per day giving an APY of 38.9% (=POWER(1.0009,365)).
Title: Re: SafeHash -- 43.7% APY -- Fully Insured Post by: gilangIDR on January 31, 2015, 03:52:13 PM Title: Re: SafeHash -- 43.7% APY -- Fully Insured Post by: printshop on January 31, 2015, 08:23:35 PM My lord, how did this get bumped to page 4 within just 1 or 2 hours? This board is too busy... |