AAssetHZ vs AAssetNXT... diversify Holdings accross Hz and Nxt. Trying to understand valuations on both sides ...
As this PM might be of general interest, I am answering it here.
The design of both AAssetHZ and AAssetNXT is ... ~ identical. (The newer) AAssetNXT issuance description:
AAssetNXT is the 'AltSheets Asset on Nxt'. 5,000,000 AAssetNXT shares are issued, representing 5% of all future profits of AltSheets software (like AltFolio, and assetparser.py - see their bitcointalk threads). Objectives of AAssetNXT are: To develop, improve, and popularize AltSheets software - and to reward investors by sharing 1% of all AltSheets profits per each 1,000,000 AAssetNXT; paid as regular dividends to AAssetNXT holders. Check asset ID and issuer ID (NXT-LJBY-6JQ6-WQV6-HA2AY alias 'AAssetNXTissuer') before trading, there may be copycat assets! More infos at
http://altsheets.ddns.net/aassetnxt or twitter @AAssetNXT
(The older) AAssetHZ issuance description:
AAssetHZ is the first AltSheets Asset on Horizon. 5,000,000 AAssetHZ shares are issued, representing 5% of all future profits of AltSheets software (like AltFolio - the auto-updating altcoin portfolio solution; and assetparser.py - which compares all assets in many observables, and works on two platforms). Objectives of AAssetHZ are: To develop and improve software, to finance marketing to increase sales - and to reward investors by sharing 1% of all profits from the #AltSheets software sales per each 1,000,000 AAssetHZ; paid as regular dividends to AAssetHZ holders. Check asset ID and issuer ID (NHZ-XDWX-VLTM-FUFZ-CTT54) before trading, there may be copycat assets! Buyers please convey an email address for updates. More infos at
http://AAssetHZ.ddns.net and twitter @AAssetHZ
Easiest to understand is perhaps this way:
Each 1 mio assets guarantees you 1 percent of AltSheets profits forever. (I can decide pay higher dividends sometimes - but 1%/1mio is guaranteed.)Plus you get
exclusive access to the "inner circle" with my newsletters - and sometimes little presents.
Market comparisonAAssetHZ had started much earlier.
It has a larger base of shareholders (35), more trades (118), and transfers (23);
it is known by more people; has passed the HZ team evaluation, and become
a "
trusted asset". And there are quite some buy orders.
AAssetNXT became necessary when I entered the NXT sphere of influence,
coding in the nxthacks2015. Many NXT users are not touching other currencies.
Current number of shareholders is 15, there were 9 trades, and 9 transfers.
No bid orders yet - because so far buyers have simply paid my emission price.
As I developed
assetgraphs on nxt, AAssetNXT will soon get really nice pictures.
Base currencyIn the buy price, though ... those two assets are differing strongly
now. Because:
HZ/BTC has taken an unfortunate dump recently - which is hurting me much, because
my early investors' contributions are worth next to nothing currently. Still, I also need
some money for surviving, so I must sell - for a bad price. There is a definite probability
that the HZ price will recover once their distribution is over. But no one knows the future ;-)
NXT/BTC has also been trending downwards, but with much smaller volatility.
Larger market = more stable price.
Last 6 months comparison:
HZ has moved between 35 and 194 Satoshi (554%)
NXT has moved between 2750 and 6200 Satoshi (225%)
AAsset pricesI started to sell AAssetHZ at 3HZ, to reward the risky early investment, when I was
still unknown. Then each batch has been
increasing by 1HZ. In the current batch
there are 171'731 AAssetHZ still available at 7 HZ (the next price will be 8HZ).
7 HZ = 400 Satoshi (at 57 Satoshi/HZ).
As this rising price scheme had seemingly encouraged some people to already take
their profits; they started competing with me by underbidding my emission price ...
... for AAssetNXT, I am trying out a
constant price - at least for a first large batch.
0.2 NXT = 700 Satoshi (at 3500 Satoshi/NXT).
YouI hope that is answering it a little bit.
Happy to hear opinions and advice, here or by
PM.
Play this simple game:
Close your eyes, imagine me and what I am doing, and ... just
feel how much BTC you can contribute now, to participate in the crowdfunding of my current work.
Then open your eyes, and compare the 2 situations, and
evaluate which one will probably give you the better deal, short term, and long term. Invest wisely :-)
Sunny greetings
EDIT: Found this announcement just now:
... HORIZON 5.0 IS IMMINENT! ...
My sense is that evaluations of an identical asset on the two platforms should ultimately converge and so the value of diversification boils-down to platform capability and availability. With the Horizon 5.0 elevated capabilities imminent diversification leans more to Platform AND Dev availability so in that regard holding on both platforms is a prudent form of risk-reduction.
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