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Author Topic: Ethereum NXT Asset - Trade Ether on the NXT AE  (Read 3505 times)
AssetManager (OP)
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August 07, 2014, 03:42:17 AM
Last edit: August 24, 2014, 09:13:43 PM by AssetManager
 #1

Update August 24, 2014:

The ether redemption will work as follows:
1) After the ethereum genesis block is released, redemption will be available
2) To redeem the ether, transfer your assets to the issuer address: NXT-7LSS-UUWW-GZH5-EGYY6
3) Include a message with your transfer. The message should be your ethereum address where you want your ether sent to
4) Once the asset transfer is confirmed on NXT, the ether will be sent to the address provided


------------------------

A token is now available on the NXT asset exchange that can be used to buy/sell ethereum BEFORE the genesis block is released. Once the genesis block is released, owners of this asset will be able to redeem their tokens for ether on the ethereum network (or continue to hold, if they wish to do so).

We have purchased some ether in the official presale to facilitate this market. If there is enough demand, we will create more assets by utilizing additional ether bought in the presale.

The asset can be found at this link:
http://www.cryptoassetcharts.info/assets/show/266

More detail on the operation, management and ether redemption are forthcoming.

Happy trading!
xiaosu
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August 07, 2014, 04:27:42 AM
 #2

Good.I think nxt can replace the Ether.We have nxt now and why we need Ether
stereotype
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August 07, 2014, 09:10:19 AM
 #3

A token is now available on the NXT asset exchange that can be used to buy/sell ethereum BEFORE the genesis block is released. Once the genesis block is released, owners of this asset will be able to redeem their tokens for ether on the ethereum network (or continue to hold, if they wish to do so).

We have purchased some ether in the official presale to facilitate this market. If there is enough demand, we will create more assets by utilizing additional ether bought in the presale.

The asset can be found at this link:
http://www.cryptoassetcharts.info/assets/show/266

More detail on the operation, management and ether redemption are forthcoming.

Happy trading!
Can we see the pre-sale tx's and any communication, please?
CoinRocka
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August 07, 2014, 11:12:24 AM
 #4

Good.I think nxt can replace the Ether.We have nxt now and why we need Ether

 Huh
AssetManager (OP)
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August 07, 2014, 12:21:59 PM
 #5

Good.I think nxt can replace the Ether.We have nxt now and why we need Ether

They serve different purposes and are both useful. This asset just lets you convert back and forth if you like. If you prefer NXT, stick with it!
whathewhat
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August 07, 2014, 03:46:35 PM
 #6

Why wouldnt i just buy ether in the presale?
AssetManager (OP)
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August 07, 2014, 04:34:33 PM
 #7

Why wouldnt i just buy ether in the presale?

You can. However, this asset will stay active after the end of the presale. In this way, it provides a market for ether before it officially gets traded on an exchange.
ddnn46
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August 10, 2014, 08:34:43 AM
 #8

scam,be careful
AssetManager (OP)
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August 17, 2014, 01:58:16 PM
 #9

scam,be careful

Not a scam. Will fulfill all obligations with ether after the genesis block, as promised
AssetManager (OP)
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August 24, 2014, 09:14:41 PM
 #10

Redemption information now updated
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