There are many levels of being involved with SuperNET. four standard ones and a couple of non-standard ones. VRC is having a unique thing due to my preexisting personal commitments. If you have read the VRC thread, then it is not a mystery.

Sorry I have read the thread and it is still a mystery

I am not here to be giving advices for making the quick money.
Anyway I posted a pretty lengthy post in this thread some pages back. It is like a treasure hunt, though the searching box is saving time.

I am involved with supernet because of your ideals here but i don't think investing money should be based on a treasure hunt

So please do not ask me advices on specific coins, just subscribe to thesupernet.org newsletter for announcements

I am signed up to the newsletter but received no notification about VRC so it is why i asked but obviously a yes or no answer wont be had on the question yet

I would like to propose change the terms of the fund raising. I made an error in limiting the core assets to 10%, but it is impossible to know how significant this factor was in people's investment decision. In my mind, the SuperNET is optimal when it has the financing, revenues and advertising in balance and there is no way to achieve that based on the current funding levels.

I aim to solve this by guaranteeing to put into SuperNET a minimum of 241485 assets (24.15%) for all three core assets:

InstantDEX   241'485   1'000'000   24.15%   49   44.5   (has 30% of NXTventure) = 7.245%
Tradebots     241'485   1'000'000   24.15%   27   20    (has 18.5% JLH) = 4.46%
NXTprivacy   241'485   1'000'000   24.15%   40   39    (has 30% cryptocard + 60% Privatebet) = 7.245% + 14.49%

With 24.15% of each of the above three core assets, there is the following percentage that will be directly or indirectly owned:

InstantDEX 24.15%
Tradebots (NXTcoinsco) 24.15%
NXTprivacy 24.15%
Privatebet 14.49%
cryptocard 7.245%
NXTventure 7.245%
jl777hodl 4.46%

InstantDEX 10746082 NXT + Tradebots 4829700 NXT  + NXTprivacy  9417915 NXT  = 24993697 NXT @ .00008 = 1999.49 BTC
Current market value is right around 2000 BTC or around $1 million USD.

Now at current funding rate, this is about 30% of SuperNET, but I ask only for the following to be voted on. If this vote is rejected by majority, then my 2000 BTC of assets still stays and my percentage is the same at 10%.

If not rejected, 70% of SuperNET assets to match TOKEN and 30% of SuperNET assets are to be allocated as follows:

10% for the SuperNET account to be used for working capital, incentives/bounties, cryptoretsu, etc. These assets do not dilute the investors as the asset is owned by SuperNET itself and it will be used for maximizing the value of SuperNET

10% to jl777

performance bonus for jl777:
5% if Top 10* coinmarketcap is achieved before end of 2014
5% if Top 5* coinmarketcap is achieved before end of 2015
(*) must be at or above this position for a full 24hrs
In the event a marketcap milestone is not achieved, then the conditional bonus percentage would go to the SuperNET account to be used as above.

The maximum dilution with the above is 20% and that is only if SuperNET is achieving a Top 5 marketcap and a likely 10x. So, I am putting my money where my mouth is. It is possible to miss the Top 10 by year end 2014 and still achieve Top 5 by year end 2015.

My goal is to make sure SuperNET is as powerful as it can be and this requires balance. I believe that the above plan benefits the SuperNET assetholders due to the creation of a source of working capital and incentives and I hope that upon achieving the 3x and 10x that the marketcap triggers require will make everyone think of happy generous bonus, though its not really a bonus as I will have already put more than 20%.

If you are asking why I would do such a thing, the answer is that I do my best to ensure good results for people who trust me with their money. Even if this means personally putting in $1 million USD.

Now I do not feel that the SuperNET will end up imbalanced and this alone is worth it. Of course I hope that my proposal wont be rejected. If anybody sees some improvements to be made, please post them before it is too late! Unless there is an outcry against this proposed change I will enact it. Since this is a change totally in the favor of the people with TOKEN and they will decide whether to accept the change from 10% to 30%, I feel it is acceptable to do, even though fund raising has started. To prevent any sort of arbitrage against the NAV buywall, the NAV will be calculated excluding the value of the core assets and the number of TOKEN instead of UNITY. I believe that is the correct method.

James

Update - launch postponed

After spending the last few hours analyzing the mainnet PoS behavior, we have still not identified the cause of the issue.

As Hybrid PoS is the heart of Crypti, we are need to be 100% certain it operates properly, before releasing the mainnet to the public.
Therefore, we will need additional testing time, which unfortunately means we will need to postpone the launch.


In order to provide an adequate time to re-test all the PoS scenarios again (this time on mainnet), the launch will be postponed to August 15th, at maximum. This means if we have resolved the PoS issue before then, we will launch the mainnet earlier, with a proper advance notice to the community.

In the meanwhile and in order to show the community the progress, we will make available tomorrow (August 12th) a public demo of the release web wallet.


I would like to state once again, that we here at Crypti team understand the amount of trust the community has placed into us, and apologize for the unplanned delay.
We are thankful to everyone for their patience and understanding, and looking to amend this situation as soon as possible.

so, umm.......  where's the wallet      ??

the dumper sold out all their coins, the price will now present the real statics