|
Another way to look at it is, he is putting in 2000BTC to get 1000BTC worth of SuperNet assets MAX (This is including all the bonuses).
So i cannot see why anyone would be voting no....
|
|
|
|
So, about the vote and the bonus. Going to phrase it a bit differently and ask James to confirm my logic.
As I understand it, we are essentially voting on whether or not to use 10% of the assets collected from the IPO to reward SuperNET holders in two separate 5% increments as described in James' post. I assume this bonus is meant as encouragement to hold the UNITY asset and work towards total NAV growth. A bit of back of the envelope math. Someone please correct me if this is way off:
If we are looking at approx 500k UNITY at around .01 btc each should give a the SuperNET asset a total value of around 5000 BTC. 5% of this would be 250BTC. If we assume asset value is the same as today when the bonus is paid that's .0005 BTC per UNITY share (250/500k). If we assume that the asset value is 3x what it is today when the bonus is paid in early 2015 (not totally unreasonable since the UNITY price would need to have tripled for us to get paid) then that's .0015 per UNITY. Likewise in 2016, if we assume the assets are worth 10x, that's .005 BTC per UNITY.
So, if we assume both bonus payouts are triggered, the total payout would likely be between .001 (10% of current asset value) and .0065 (10% of an asset value that is worth 3x and then 10x more than today).
So for every 1000 UNITY, the total bonus payout if both goals are hit could be between 1 and 6.5 BTC. Definitely good encourage to HODL and work towards adding value to the ecosystem.
Unless something has changed, the bonus goes to James. He is taking a bet by putting in 2000BTC worth of his assets to SuperNet. If the vote is declined he would only be given 500BTC worth of SuperNet assets for his 2000BTC. If the vote gets approved he will get 10% and 5% bonus if the price goes 3x before the end of 2014 and a additional 5% bonus if it is 10x by end of 2015. |
|
|
|
We need a treasurer to track the spending of the 1%, calculating TOKEN NAV and placing buywalls and in general making reports on the various SuperNET accts.
I nominate noashh for this. He has proven his dedication to SuperNET and my other projects over these months and I have trusted him with significant funds. Not quite as much as the 3% would be, but I will vouch for his trustworthiness and in the unlikely event he disappears with the funds I will repay SuperNET from my personal funds.
If there is anybody else that wants to be treasurer, plz post your application.
James
P.S. The 3% is the 1% discretionary fund, 1% BTC NAV buywall on bter and 1% NXT NAV buywall on NXT AE.
I think he is a good choice.  |
|
|
|
Good Job Qora!
It would be nice to have some overview which asset i actually own.
Edit:
Some overview how many divident payments i have received from a specific asset would also be a nice feature. But i know that reqires a fork because there would have to be a reference to the asset in the Multi Payment transaction.
Maybe for now just send qora to a new address, then use this new address to buy the asset. Then you know money sent to this address = this asset. |
|
|
|
|
Can people buy asset 12 as a test? Buy 10 assets each then I will test
|
|
|
|
Who registered all these stupid assets lol
I wonder if they'll get picked up @ 2PM GMT or if everything will reset...  My one went out of sync, closed wallet and those assets are gone. Im going to bed make some test assets when it is up |
|
|
|
Who registered all these stupid assets lol 10 additional assets are online. Let us trade some Apple for Facebook  I think someone mistook the asset exchange for the naming service! |
|
|
|
James for the guys that purchased on Bter, could we get the tokens on the NXT asset exchange as well? collecting stuff is half the fun |
|
|
|
Are we gonna have a place, where issuers can present their assets?
Probably on the official forum. |
|
|
|
When is the asset exchange coming?
3 hours Nice  21 September 2PM GMT which is 12 hours away. My bad thought I saw 2AM |
|
|
|
James would there be an issue of me listing Supernet asset on another asset exchange?
I would be only listing a small portion of the tokens that I personally hold.
As long as you made it clear it was an unofficial asset based on your personal holdings, I dont have an issue. Of course I couldnt stop you anyway since I assume it is for a decentralized exchange will you take care of distributing all dividends? I am assuming you will wait until you receive your SuperNET assets and not do it before. Otherwise, will you support voting rights for TOKEN? James Hello James, Yes I will make it clear that it will be unofficial listing based on my personal holdings. Once I get the supernet asset I will be making a New nxt account to hold that asset so everything is transparent. I will be handling the dividend based on the nxt sent to this new account , I will convert it to the base currency of this other asset exchange and send out the dividend that way. Voting is going to be a pain but since I will be potentially listing 0.2% of all assets I don't think that is going to be too much of a issue. My thought is that this cross promotion could be beneficial for both parties. maybe it would be easier if you stated that the assets you are issuing have no voting rights and that you would vote as you see fit? that eliminates the issue and 0.2% would rarely be the margin for any poll Yes i will be making that clearly as well. |
|
|
|
James would there be an issue of me listing Supernet asset on another asset exchange?
I would be only listing a small portion of the tokens that I personally hold.
As long as you made it clear it was an unofficial asset based on your personal holdings, I dont have an issue. Of course I couldnt stop you anyway since I assume it is for a decentralized exchange will you take care of distributing all dividends? I am assuming you will wait until you receive your SuperNET assets and not do it before. Otherwise, will you support voting rights for TOKEN? James Hello James, Yes I will make it clear that it will be unofficial listing based on my personal holdings. Once I get the supernet asset I will be making a New nxt account to hold that asset so everything is transparent. I will be handling the dividend based on the nxt sent to this new account , I will convert it to the base currency of this other asset exchange and send out the dividend that way. Voting is going to be a pain but since I will be potentially listing 0.2% of all assets I don't think that is going to be too much of a issue. My thought is that this cross promotion could be beneficial for both parties. |
|
|
|
|
James would there be an issue of me listing Supernet asset on another asset exchange?
I would be only listing a small portion of the tokens that I personally hold.
|
|
|
|
When is the asset exchange coming?
3 hours |
|
|
|
There's another scam TOKEN asset issued. How's that possible?  everyone can freely create nxt assets. please be carefull and read the OP for the correct asset. I just can't get how there could be 2 assets with the same name. Doesn't AE restrict that? No it doesnt |
|
|
|
good news, AE coming, just spread qora to the world. is that functional AE in v16? how to get v16? There was a issue on v15 of the AE which Qora fixed in v16. Exchnages and big forgers have v16, Qora will probably announce the link for everyone else tomorrow. |
|
|
|
Hi Freeworm,
Thank you for updating your Qora wallet to V16.
Is there anyway you can add QORA/CY and USD pairs?
Yes I can do that when there's enough trading volume in the BTC market. So lets get to it!!!!! freeworm = BTER |
|
|
|
when is this ico gonna end ? was it supposed to be 2 weeks eh?
so right now theres 4k BTC collected?
~CfA~
Should be Monday |
|
|
|
|
Show Posts
