[ANN][HZ][SuperNET] New HZ Asset: HZSuperNET! Now Live On HZ AE

Announcing...

HZSuperNET!

100 Issue, Fully Backed By 101 UNITY
Redeemable On Demand
Each HZSuperNET Redeemable For 1/100th Of The UNITY In
Backing Account NXT-985M-7ERQ-3TNB-GVRCU

Buy, Sell Orders From Issuer
Matched To Nxt Asset Exchange

NOTE: HZSuperNET is issued independently of Supernet. There is no relationship between me and the Supernet crew.

Supernet, symbol UNITY, is the latest and greatest Asset from Nxt rock star jl777! Because of his impressive track record with his earlier Assets, whales threw a gusher of BTC and Nxt at the IPO for UNITY. Supernet itself is an ambitious plan to carve a trade-route superhighway right through Altcoin Land! With Supernet integrated, you can use the features offered by several core coins without leaving your own coin's ecosystem.

Nxt itself, the leading gen-2 cryptocurrency offering a whole platform of services.
BitcoinDark, which offers anonymity through its coming Teleport and Telepathy features.
Bitstarcoin, which will provide a commercially-managed ATM portal into the Supernet suite.
Boolberry, which offers Cryptonote-strength anonymity further strengthened by Boolberry-unique unlinkable outputs.
Chancecoin, which offers basic casino services using New York State lottery Quick Pick numbers as a source of fair and completely inspectable random numbers.
Fibre, which extends anonymization technologies to secure messaging, IP hiding and a whole new secure-and-anonymous operating system!
Opalcoin, which will supply Opaque stealth addresses, secure and encrypted P2P communications and distributed data storage through its Opaldrive.
Syscoin: "Business On The Blockchain"! Syscoin will bring decentralized marketplaces, name aliases, data aliases and the ability to issue, authenticate and manage Digital Certificates which can represent any kind of valuable property!
Vericoin, whose wallet - including its Android wallet - will be the first to fully integrate Supernet.
VPNCoin. Rounding out Supernet's best-in-class suite of anonymization features, VPNCoin beings both AES Chat and a full distributed VPN with no single point of failure! Censorship? What censorship?

Once Supernet is out of the skunk works and is fully operational, all of these services will be available in any cryptocurrency that integrates a Supernet gateway into its wallet!

In addition to the above revolutionary suite, there will be a whole slew of projects that integrate a whole new ecosystem! There'll be services like direct fiat-to-crypto exchange, truly decentralized crypto-to-crypto cross-chain exchanges, tradebots, decentralized poker, other kinds of gambling and even the Supernet News Network! Naturally, this bullet list only scratches the surface of what Supernet has to offer. Feel more than free to examine Supernet's homepage and poke through the Website to see what Supernet will bring to Altcoin Land. You can also ask any questions you have in the official Supernet announcement thread, or here.

HZSuperNET ASSET DETAILS:

NAME: HZSuperNET
ASSET ID NUMBER: 17581529526758762998
ISSUING ACCOUNT: NHZ-HQTK-AH8J-WWU4-ASCUX. Balance inspectable at the HZ Block Explorer.
NUMBER OF UNITS: 100
BACKING: Dedicated Nxt account NXT-985M-7ERQ-3TNB-GVRCU. Holdings of SuperNET identified at bottom of the block explorer page. Just look for the "Assets" tab and click it.
BENEFIT: Each unit of HZSuperNET is redeemable on demand for at least 1.01 SuperNET, symbol UNITY, sent to the redeemer's choice of Nxt account. Because SuperNET pays dividends, which will be reinvested in more UNITY, this redemption value will be worth more SuperNET over time. SuperNET dividends are paid irregularly and are not under my control: I just wait for them and reinvest when they come in. I will place sell and buyback orders for HZSuperNET on the HZ Asset Exchange and adjust them according to market conditions as specified by the SuperNET orderbook in the Nxt Asset exchange. I'll make a reasonable effort to keep up with the current orderbook in the Nxt AE so as to assure a reasonably fair price for HZSuperNET.
PRICE: Will vary according to market conditions. The same pledge made just above applies to the issuing prices of HZSuperNET tranches, as does the same reasonable-effort proviso.

To see the orderbook for this Asset: fire up your Horizon wallet, click "Asset Exchange" on the left-hand menu, look for the "Add Asset" button in the top-right area of the wallet, click it, put in the Asset ID number 17581529526758762998 into the form, and the orderbook for HZSuperNET will show. You will see buy and sell orders from me, the Asset Issuer. As pledged above, both orders will be a reasonable match for the high bid and low ask for UNITY in the Nxt Asset Exchange. You can confirm this at any time by checking the HZSuperNET orderbook, comparing it to the UNITY orderbook, the last price of NXT at Poloniex, and the price of HZ at the same exchange. Calculation formulas are below.

If you want me to prove I have control of the Asset Issuer account NHZ-HQTK-AH8J-WWU4-ASCUX: just send me your own HZ Account ID and I'll send you an Arbitrary Message that'll prove it's my account. If you don't have an HZ Account, just download a new wallet here.

PRICING:

I'm offering HZSuperNET in tranches, as tied to the low ask of Supernet on the Nxt Asset Exchange. Here's the formula:

(low ask for UNITY) * (Nxt price in satoshis) / (HZ price in satoshis) * (UNITY balance of backing account) / 100.

The last expression in the formula tracks the growth of the backing account's holdings of Supernet due to dividends. As of the time of this writing, it had already grown from 100 to 101.

For example, again at the time of this writing:

the low ask for UNITY was 202.69 NXT;
Nxt itself last traded at 3830 satoshis at Polo;
HZ's last trade there was 57; and,
the balance of Supernet in the NFDSupeNet backing account was 101.

By the above formula, my offer on the HZ Asset Exchange would be 202.69 * 3830 / 57 * 101 / 100 = about 13'800 HZ per unit of HZSuperNET.

This calculation is only an example: when market conditions change, the offer will change with them. Please note that the links in the list will take you to current market data for each, allowing you to calculate a fair offer price using current numbers and to inspect my own offer price.

The same procedure applies to a buyback bid, also from me. It will be based on UNITY's high bid in the Nxt AE. So, the formula for calculating the buyback will be:

(high bid for Supernet) * (Nxt price in satoshis) / (HZ price in satoshis) * (UNITY balance of backing account) / 100.

As of the time of this writing, the high bid for Supernet on the Nxt AE is 198.0. Using the same figures above, except for replacing the high bid for the low ask:

the high bid for UNITY of 198.0 NXT;
Nxt itself at 3830 satoshis at Poloniex;
HZ's last-trade there being 57 satoshis; and,
the balance of Supernet in the NFDSupeNet backing account being 101

the buyback price would be 198.0 * 3830 / 57 * 101 / 100 = about 13'400 HZ per unit of HZSuperNET.

Like the first example, this calculation is meant to be illustrative. The real buyback offer will be determined by market conditions via the same formula with up-to-date figures. As with the offer price, you can inspect the accuracy of my buyback price by getting the current figures from the above links, calculating the formula yourself and comparing the numbers you get to the Asset Issuer's (my) bid in the HZ AE. You can get current HZ AE data by firing up your HZ wallet, going to the "Asset Exchange" page, entering in the official HZSuperNET Asset ID Number 17581529526758762998 into the "Add Asset" form after pushing the respective button (if you haven't already), or by clicking "HZSuperNET" in your Asset Exchange bookmarks. If you need an HZ wallet, download one here. You can choose one of three: just pick the one that's right for you.

As for the volume of the bid and offer, I only have 100 HZSuperNET to offer - so the asks are going to be small in volume. The bids, on the other hand, are big enough to cover the entire issue of HZSuperNET that are out of my hands. Because I'll be making a micro-market, you can speculate on Supernet itself through HZSuperNET.

I'll make sure that the slippage for you is reasonable.

DIVIDEND REINVESTMENT BENEFIT:

All Supernet dividends received by the backing account, whether in Nxt or other Assets, will be used to buy more Supernet. Asset dividends will be sold at market for Nxt and then invested. I'll make a reasonable effort to get a good price for any of those Assets on the Nxt AE, as well as a reasonable effort to get a good price for more Supernet. Because of this policy, the unit value of HZSuperNET in terms of UNITY will go up with every dividend received. In other words, buying and holding HZSuperNET will be like holding Supernet with a dividend reinvestment plan. If you aim to HODL Supernet, doing so through HZSuperNET will enable you to accumulate it with me doing the reinvestment work for you.

But please note: because of this reinvestment policy, you have to redeem your HZSuperNET to your Nxt account if you want to keep any underlying Asset dividend for yourself. Please also bear in mind that previous Supernet dividends have been irregular and that there's no assurance that there'll any more. So far, there have been two.

REDEMPTION POLICY:

Just open up your HZ wallet, click "Asset Exchange" and "My Assets" from the left-hand menu, then click the "Transfer Asset" link beside your holdings of HZSuperNET, and then transfer the amount you want to redeem to my issuing account NHZ-HQTK-AH8J-WWU4-ASCUX. Please also send an attached message with the Nxt Account ID that you want me to send the Supernet to, or let me know on this thread. I'll post every completed redemption here in this thread.

FINAL SUMMARY:

This Asset, HZSuperNET,allows you to get some Supernet for your Horizon without enduring the hassles and slippage that would come with dumping your HZ and buying NXT. Remember, the above pledge means that I'll be keeping a close eye on the Supernet orderbook in the Nxt Asset Exchange: any change in the orderbook will "flow through" to the Horizon Asset Exchange. Since I'll adjust both the sell orders and buyback orders, you'll have a chance to participate in any rise of Supernet without leaving the HZ environment and enduring exchange slippage to buy NXT for NXT's own AE. This pledge, I'll hold good on both sides of the HZ-AE orderbook ....until HZSuperNET is sold out, that is.

Then, I'll only place buyback orders.

And remember, you need only Transfer your holdings of HZSuperNET to my issuing account NHZ-HQTK-AH8J-WWU4-ASCUX: I'll send you 1/100 of the backing account's UNITY holdings per unit of HZSuperNET to whatever Nxt account you specify! You can audit the backing account NXT-985M-7ERQ-3TNB-GVRCU at any time by either clipboarding the ID into the Nxt wallet searchbox or by looking near the bottom of the page for the "Assets" tab in the Nxt Block Explorer The audit will also tell you how much Supernet you're entitled to per unit of HZSuperNET you redeem. Just divide the backing account's holdings by 100 and multiply by your own haunch of HZSuperNET and you'll get the amount of UNITY you're entitled to if you redeem. This part of the deal means that HZSuperNET functions as a dividend reinvestment plan for Supernet.

Just to remind you, the basic terms of this Horizon Asset are:

NAME: HZSuperNET
ASSET ID NUMBER: 17581529526758762998
ISSUING ACCOUNT: NHZ-HQTK-AH8J-WWU4-ASCUX. Balance inspectable at the HZ Block Explorer.
NUMBER OF UNITS: 100
BACKING: Dedicated Nxt account NXT-985M-7ERQ-3TNB-GVRCU. Holdings of SuperNET identified at bottom of the block explorer page. Just look for the "Assets" tab and click it.
BENEFIT: Each unit of HZSuperNET is redeemable on demand for at least 1.01 SuperNET, symbol UNITY, sent to the redeemer's choice of Nxt account. Because SuperNET pays dividends, which will be reinvested in more UNITY, this redemption value will be worth more SuperNET over time. SuperNET dividends are paid irregularly and are not under my control: I just wait for them and reinvest when they come in. I will place sell and buyback orders for HZSuperNET on the HZ Asset Exchange and adjust them according to market conditions as specified by the SuperNET orderbook in the Nxt Asset exchange. I'll make a reasonable effort to keep up with the current orderbook in the Nxt AE so as to assure a reasonably fair price for HZSuperNET.
PRICE: Will vary according to market conditions. The same pledge made just above applies to the issuing prices of HZSuperNET tranches, as does the same reasonable-effort proviso.

.

Download a Horizon Wallet here.

Pick up some Horizon at Poloniex here.

And thanks for reading!!!

P.S.:Want to audit my pledge or watch the action?
Just download a Horizon Wallet from here,
click "Asset Exchange" from the left-hand menu,
click the "Add Asset" button on the top right on the Asset Exchange page,
and enter in this Asset ID Number: 17581529526758762998.
Then, use the above formulae and the data sources to keep track of me.

The more eyes, the better!!