Bitcoin Forum
August 17, 2017, 02:03:34 AM *
News: Latest stable version of Bitcoin Core: 0.14.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 306 »
  Print  
Author Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer  (Read 677792 times)
jl777
Legendary
*
Offline Offline

Activity: 1162


View Profile WWW
August 30, 2014, 04:56:53 AM
 #1



This OP will only be updated with the most important news.

http://www.digitalcatallaxy.com/report2015.html - 100+ page report on SuperNET

Repo: https://github.com/SuperNETorg/iguana_dev
Task Boards: https://github.com/SuperNETorg/iguana_dev/issues & https://phabricator.supernet.org/tag/iguana/
We currently use Github AND Phabricator for task management.
Wiki: https://phabricator.supernet.org/w/iguana/
API: http://pad.supernet.org/api
Guide for new devs: http://pad.supernet.org/iguana_new_frontend_dev_guide
Iguana Dev Team and their Roles: http://pad.supernet.org/iguana_dev_team

Iguana TABS (like pages, includes details on content of tabs): http://pad.supernet.org/iguana_tabs

Some general info:
http://coremedia.info/index.php/bitcoin-2-0/item/187-project-iguana-to-birth-a-supernet-chrome-app-increase-accessibility-of-its-technology


SuperNET is an initiative designed to:

- Unite disparate cryptocurrencies by fostering collaboration
- Reward innovation, talent and active coin communities
- Share resulting benefits with CORE members and extend advantages to all crypto currencies

--- >

Website:
http://supernet.org

Client v.0
https://forum.supernet.org/
This is a temporary but fully functional client release. SuperNET client v1 is under development.

The real action is going on in SuperNET Slack, which is also where SuperNET announcements are made first.
https://chat.supernet.org

Supernet Forum
https://forum.supernet.org

Newsletter signup: http://supernetwrk.weebly.com/newsletter.html
SuperNET Newsletters archive: http://nxter.org/category/supernet-newsletters/
Updates: https://bitcointalk.org/index.php?topic=830942.0

---

[Trading]

Poloniex: UNITY (this is the same as SuperNET asset)

Nxt Asset Exchange

NXT Asset 12071612744977229797 - all others are fake assets!
Issuer acct NXT-MRBN-8DFH-PFMK-A4DBM, make sure to verify before trading.

---

[SuperNET Dividends]

SuperNET assetholders receive dividends according to the size of their investment.
The dividends are automatically transferred to their holding account on Nxt AE or Bter via the Nxt dividend mechanism.

Asset Dividends paid to this date
SkyNET
NeoDICE
Pangea
NXTinspect
...

Read more about the assets and what features they represent below, under [SuperNET CORE Services and affiliates].

Future SuperNET revenue dividends

SuperNET will make revenues from the fees its core assets receive, as well as advertising revenue and shared fees with third parties. Targeted advertising similar to Google’s AdWords will allow website administrators to serve relevant adverts directly to the cryptocurrency community, with revenue being returned to SuperNET participants.

50% will be distributed as follows:
10 percent for overhead
20 percent for coin communities, according to their proportional contribution
5 percent for Nxt core development
5 percent for BTCD stakers
10 percent unallocated, for discretionary spending to maximise the market cap of SuperNET

The other 50% will go to SuperNET assetholders using the NXT dividend mechanism.

James:

SuperNET/UNITY is a very diversified asset that is the sum of all its parts. Keep in mind that these are mostly independent projects and different ones will come online at different times, so there won’t be a switch that just starts a flood of dividends. It will start with a small trickle and as the dozens of dividend sources all combine and grow, the SuperNET dividend will eventually become quite substantial.

With SuperNET, we have financial ties with the core coins and this will be needed to ensure continued cooperation, especially if we are in a prolonged bear market. What is easy to join, is easy to unjoin and I much rather have few coins with long term commitment to build upon. Only the coins that want to be featured in the SuperNET GUI and getting the cross promotion and technical integration, need to let us buy 10%. If they just want to use the SuperNET services, any coin can do this. Coins without redeeming features wont benefit from being part of SuperNET as nobody will use them. Still, any coin or website is free to connect to SuperNET and make its services available to its communities.


---

[SuperNET CORE coins]

NXT
http://nxt.org
http://nxter.org
https://nxtforum.org
BTCD
http://bitcoindark.pw
BBR
http://boolberry.com
VRC
http://www.vericoin.info
OPAL
http://www.opal-coin.com
VPN
https://bitcointalk.org/index.php?topic=757614.0

BITS (SuperNET CORE component!)
https://bitcointalk.org/index.php?topic=748045

To learn more about what features each core coin contribute to SuperNET, see the SuperNET Newsletters.

Attention coin representatives:

Please send your application to join SuperNET CORE to info@supernet.org.

---

[SuperNET CORE services and affiliates]

Teleport. Darkpaper: http://209.126.70.170/DarkPaper.pdf

Telepathy. Whitepaper: http://209.126.70.170/Telepathy.pdf.

InstantDEX. Near real-time trading between cryptocurrencies.
SuperNET core owns 241,485 InstantDEX.
InstantDEX fees will flow through these and be dividended out to SuperNET investors.

NXTprivacy. Contains all of jl777 / SuperNET’s privacy-related projects.
SuperNET core owns 241,485 NXTprivacy.
NXTprivacy dividends will flow through these and be dividended out to SuperNET investors.

Tradebots (NXTcoinsco). Allows creation of custom decentralized tradebots.
SuperNET core owns 241,485 Tradebots/NxtCoinsco.
NxtCoinsco dividends will flow through these and be dividended out to SuperNET investors.

Coinomat. Enables you to exchange Bitcoins directly in the client.
Coinomat is also the issuer of CoinoUSD (asset ID 12982485703607823902), a USD-tied asset, which can be traded directly from the SuperNET client, thus creating the first NXT/USD decentralized market. CoinoUSD can be withdrawn via Coinomat services, for example to VISA / Mastercard.
https://coinomat.com

SuperNET card (cryptocard). Half-anon withdrawals of NXT and other SuperNET coins.
Dividends will flow to SuperNET holders through NXTprivacy.

neoDICE is similar to that of the legendary satoshiDice, with a few differences, the most important one been the near realtime processing of the wagers.
100% of neoDICE revenues will be distributed to assetholders. This indirectly includes SuperNET, so UNITY holders will receive dividends from neoDICE. UNITY holders will receive dividends from neoDICE through Privatebet > NXTprivacy.
https://nxtforum.org/nxtventures/(pre-ann)-neodice/

Pangea. Decentralized poker application. Uses provably random numbers and will take advantage of the built-in privacy features of SuperNET.
20% of revenues will go to SuperNET holders through Privatebet > NXTprivacy.
SuperHODL contains 414’454.1309 of 1’000’000 Pangea = 41.45%. SuperNET internal holdings: 0.06%
https://nxtforum.org/nxtventures/pangea-poker/

Omnigames (asset ID: 7441230892853180965).Freemium mobile games that use cryptocurrency for in-game purchases.
80% of Omnigames revenues will be distributed to assetholders.
20% of revenues will go to marketing affiliates, with Privatebet handling the SuperNET players for omnigames.

Omnigames will be dividended out as an asset at the usual rate of 7.5% to both NXTventure and SuperNET, with 5% going to JLH.
SuperHODL contains 400’000 of 1’000’000 Omnigames = 40.00%. SuperNET holds 7.5%
https://nxtforum.org/nxtventures/omnigames-asset/

ATOMIC (asset ID 11694807213441909013). Designed to enable 100% decentralized trading for all coins and assets on a single blockchain. It will be integrated into the core of SuperNET.
https://bitcointalk.org/index.php?topic=780833.0

Freemarket (asset ID 134138275353332190). A decentralized physical goods store (similar to a decentralised eBay).
20% of FreeMarket listing fees (7.77 NXT per listed item from 2015) will go to SuperNET. Download the NXT Freemarket install here: http://nxtfreemarket.com

Jay (asset ID: 8688289798928624137). A light wallet and a decentralised plug-in network.

James writes: ‘Jay will allow people without any software on their system to run the SuperNET GUI and access all coins. I want this to be accessible from SuperNET.org, so it would just have the latest SuperNET GUI directly available from the SuperNET.org website. It will do local client signing, so they can safely do money tx for any coin connected to the SuperNET, not just core coins!’ Possible uses include a plug-in store for downloads, multiwallet and generally allowing crypto to have a lower entry barrier due to avoiding the requirement of downloading blockchains.

Jay will be dividended out as an asset at the usual rate of 7.5% to both NXTventure and SuperNET, with 5% going to JLH. Timing is undecided.
SuperHODL contains 400’000 of 1’000’000 Jay = 40.00%. SuperNET holds 7.50%
https://nxtforum.org/jay-framework/
https://nxtforum.org/nxtventures/jay-decentralized-plugin-network-asset-8688289798928624137/msg132142/

NXTweb. A series of fee-generating sites, the first one being a crowdfunding website: www.nxt-starter.com.
SuperNET will receive 25 percent of NXTweb’s NET profit.
https://nxtforum.org/assets-board/(ann)-nxtweb/

SNN, SuperNET News Network (asset ID 15113552914305929842), will be ‘a community owned and operated media outlet, with stories and content written by a wide range of contributors about crypto technologies and markets’.

75 percent of SNN revenues will be distributed to its assetholders. Revenue sources include advertising, subscriptions and pay-per-view. SuperNET holds X% of SNN.
SuperHODL contains 700’000 of 1’000’000 SNN = 70.00%. SuperNET holds 7.50%
https://forum.supernet.org/index.php?topic=118.0

BOOST (asset ID 9719950459730291994) is a startup incubator that provides zero-interest loans for new NXT companies and will have close links with NXTventure, both in funding and adopting new companies. It will act as a conduit for small companies that want to become a qualified NXTventure listing.

SkyNET (asset id: 6854596569382794790). FinHive has made an agreement with SkyNET to become a wholly owned subsidiary of SkyNET. All future revenues from FinHive operations will flow through SkyNET. Revenues in excess of operating costs will be distributed as dividends to SkyNET assetholders.
https://nxtforum.org/finhive/
https://nxtforum.org/nxtventures/reserved-6826/

MyNxt. Is making an online SuperNET client.
SuperHODL contains 17’200 of 100’000 MyNXT = 17.20%
http://www.mynxt.info/

Coinimal Euro-crypto gateway.
Profit-sharing deal with SuperNET: In return for being featured as the EUR-gateway in the SuperNET, Coinimal GmbH will distribute 51% of the profit generated through the SuperNET Plugin to SuperNET. The Profit Share will be paid monthly in Bitcoin.
https://coinimal.com

---

[NAV buywall]

A buy wall at NAV has been put up on BTer and NXT AE. This to allow holders to sell at NAV (Net Asset Value) should they need to. The buywall is based on the value of the cryptocurrencies backing SuperNET, but not the assets added for free.
https://bitcointalk.org/index.php?topic=762346.msg8735738#msg8735738 explains in a bit more detail.

SuperTraders

SuperTraders are a team of cryptocurrency traders with a proven track-record of returns. Their aim is to increase SuperNET’s NAV through trading on different exchanges. They hold a maximum of 10 percent of SuperNET’s working capital, or around 570 BTC. Their capital is awarded incrementally as they increase their own bankrolls through successful trading, thereby increasing confidence and limiting downside risk. Each time they increase their bankroll by 50 percent, SuperNET also increase their available funds by 50 percent. The aim is to allocate the largest bankroll to the SuperTrader with the largest and most consistent gains.

More details: https://bitcointalk.org/index.php?topic=762346.msg8751621#msg8751621

---

[INFRASTRUCTURE]

SuperNET nodes

SuperNET’s infrastructure is a network of servers (nodes), that are publicly visible and will be used to store files in the cloud as well as relaying transactions and messages. If you are able to help set these up and maintain them, please contact Azeh on the bitcointalk forum.

James:

As we get closer to initial release with core functions, we need to have the infrastructure, especially MMatrix. So SuperNET contracted for 10 mega servers to start and will probably get a lot more. For people concerned about the “Instant” of InstantDEX and core capacity of DHT this solves that, as the best software running on snotkitten class hardware will just not provide the performance people will expect.


---

[Calling SuperNET]

SuperNET’s functionality will be available via a series of API calls.

A ‘passthru’ API call has been added to allow non-SuperNET core coins to access the features of SuperNET. This adds enormous versatility to SuperNET, in that any coin community can now customise it and use it for their own coin, if they wish.
James writes, ‘If there are specific functions that you want to make into SuperNET API, you can code it up and I can merge it in. In SuperNET.conf, the “coins” array describes how to interface to a coin’s daemon and there is a bitcoind_RPC function that invokes it via RPC, so within SuperNET you can call your daemon and encapsulate this in the SuperNET JSON API. Once your coin/service has an API, then with an HTML5/Javascript panel in the SuperNET GUI, all users of SuperNET will have direct (and easy) GUI access.

‘Just like we enhance the NXT GUI into SuperNET, any coin can enhance the SuperNET reference with their own features. Assuming it is a cool feature then SuperNET would be wanting to make it part of the reference release.
‘I think with a “passthru” API that sends the JSON to a coin daemon (even remote), it will simplify coins connecting up to SuperNET. They can update (or fork reference SuperNET GUI) and enhance the SuperNET with their coin’s features. Only their community would have all the code needed to use their coin’s functions. For the ones that have functionality that we want in the core, it then becomes a matter of merging the code and putting it into the reference implementation.’

---

[Bug hunting rewards]

There are big bug hunting rewards available for anyone who can identify significant bugs in the SuperNET API. Rewards of UNITY will be paid out to anyone who can find problems, with a sliding scale of amounts. Rewards will be paid out at the end of each week to bug-finders and will continue for 5 weeks (until early January 2015).

Interested? PM noashh or jl777.

---

[ICO]

SuperNET fundraising process: CLOSED

If you still have TOKEN you must redeem to get dividends
If you have TOKEN on NXT AE, send it to: NXT-7Y5B-J8LQ-SL5P-3ULFL (alias: RedeemTOKEN)
It will be converted to SuperNET and sent back to your account. This is done via a manual process run by valarmg

[Official Funds Raised Report]

Sep 23rd
bter 303370.1402 + NXT AE 267873 TOKEN = 571243.1402 TOKEN

1201.4874086 BTC, 13836576.42463729 + 33252122.74985353 NXT, 37559.38107027 BTCD, 713706.73861822 CNY, 5403 VIA, 435658.49 VRC

1201.4874086 BTC
BTCD rate 0.01252290 BTC 37559.38107027 = 470.3524 BTC equiv
NXT rate 0.00007890 BTC   47088699.1745 = 3715.3 BTC equiv
VRC rate 0.00014073 BTC   435658.49 = 61.31 BTC equiv
VIA rate 0.00029967 BTC   5403 = 1.6191 BTC equiv
CNY rate ¥ 2486 per BTC 713706.73861822 = 287.09 BTC equiv

total BTC equiv = 5737.1589

Total UNITY issued

A total of 816061 SuperNET (UNITY) has been issued.



Trustees:
CNY - Bter
BTCD - Azeh escrow acct RA7FDvaNFXZNLqosSbCWFbypuvijJNQw5J
BTC - effectsToCause (VRC), coinsolidation (BTM), crypto_zoidberg (BBR) ...

Escrow Details
https://bitcointalk.org/index.php?topic=762346.msg8748412#msg8748412
Requestor - jl777
Approver - cobaltskky
Authorization Committee of 7:
Dom P - NXT-CFAC-X7CW-XQPV-4L23K
EvilDave - NXT-BNZB-9V8M-XRPW-3S3WD
EmoneyRu - NXT-ZRWH-CXFE-VSZT-2XXMV
n3lz0n - NXT-WFTS-BJQR-3V25-6S65F
Steve - NXT-WDEZ-CJW6-LHSZ-6RGA2
idev - NXT-DBAP-72UC-VQSY-HQ5HY
VanBreuk – NXT-RQYG-UPJP-HMMH-7WHFZ

Bonus plan for jl777

2 bonuses of each 5 percent of UNITY will be paid to James if the following conditions are met:

1. A tripling of market cap by the end of 2014.
2. A tenfold increase in market cap by the end of 2015.

The 3x Bonus threshold is 5737.1589 * 3 = 17211.4767 before end of 2014
The 10x Bonus threshold is 57371.589 before end of 2015

If the conditions are not met, the 5% UNITY will instead go into SuperNET as working capital.

VOTING DETAILS: https://bitcointalk.org/index.php?topic=762346.msg8916442#msg8916442

---

[A few more links]

https://twitter.com/Jl777News
http://jl777news.tumblr.com/
https://www.facebook.com/jl777official
https://twitter.com/thesupernetorg
https://twitter.com/pangeapoker

SuperNET acct.
http://nxtreporting.com/?ac=9918441724915080500

SuperNET holding acct.
http://nxtreporting.com/?a=NXT-USU4-92UY-KEYT-4H649

Funding request thread
https://nxtforum.org/unity/supernet-funds-request-authorization-thread-official/

ShortUNITY
https://nxtforum.org/assets-board/shortunity/

CMC asset market
http://coinmarketcap.com/assets/views/all/#BTC

Prediction Markets
https://www.fairlay.com/predict/registered/new/supernet-in-top-10-of-coinmarketcap/
https://www.fairlay.com/predict/registered/new/supernet-in-top-5-of-coinmarketcap-before-2016/



Tech Tree in the works:



http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1502935415
Hero Member
*
Offline Offline

Posts: 1502935415

View Profile Personal Message (Offline)

Ignore
1502935415
Reply with quote  #2

1502935415
Report to moderator
noashh
Sr. Member
****
Offline Offline

Activity: 358



View Profile
August 30, 2014, 05:01:58 AM
 #2

impressed.

SuperNET Staff & Komodo Notary Node Operator
Get SuperNET / Komodo / Agama news | Forum
Support & Helpdesk | Slack
NASdaq
Full Member
***
Offline Offline

Activity: 192


View Profile
August 30, 2014, 05:07:02 AM
 #3


I am seeking the right venue for this IPO and I will post more details as they are finalized.


So maybe not the NXT asset exchange? What about giving a leg up to NFD (scam victims reboot), sentimental favorites, great marketing opportunity. NFD had a great distribution too.
jl777
Legendary
*
Offline Offline

Activity: 1162


View Profile WWW
August 30, 2014, 05:20:34 AM
 #4


I am seeking the right venue for this IPO and I will post more details as they are finalized.


So maybe not the NXT asset exchange? What about giving a leg up to NFD (scam victims reboot), sentimental favorites, great marketing opportunity. NFD had a great distribution too.
I need BTC
There will be some available and I will accept mgwBTC

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
Legendary
*
Offline Offline

Activity: 1162


View Profile WWW
August 30, 2014, 05:23:31 AM
 #5

For those that are still thinking if Supernetwork helps other coins, it must hurt BTCD. Let me explain the math.

100,000+ nodes will do quite a lot of InstantDEX, Teleport, Privatebet, Tradebots, etc. Plus add in dozens of additional services from other coins. In the center of all this is BTCD. We are the center of the spiral. Let other coins make their money, everybody needs money. I think that is why it is called money.

BTCD is what allows all this to happen and even if just a small percentage of the overall commerce spills into BTCD revenue share it will be a giant boost to the value of BTCD. I have not worked out all the numbers, but with all this revenues being generated, we can definitely make it a cash positive decision for the other coins, while sharing in the business each coin adds.

Think of it like a company that used to be not so big. They allowed others to make money and they charged some fee for this. Maybe you heard of this company called google? When they select a website to join their AdWords, the website is now making new money from new traffic that otherwise goes elsewhere. A market based auction process allows the website to determine how much to spend for the click. I dont think there is a need to setup fee auctions, but maybe at some point it does. So, the website can choose to tap into traffic that otherwise it cant.

Not exactly the same business model, but I hope you understand the similarities. Basically each coin that joins Supernetwork adds its nodes and that allows all the other nodes to benefit from it, and with cross marketing of the top performing services, yes I think I will do a google Adwords style bidding!, the most popular services are shown first and the user is more likely to select this service. I am glad to write this post, I hadnt solved the way to prorate the Supernetwork fees, but google already solved this!

I see a page that is shown that lists the most popular services and the ones that are paying the most to be shown. At first maybe not paid ads, but then even a low bid gets top placement, so some bidding happens and the market can decide how much it is worth to be the top features Supernetwork service. Now these "clicks" will actually not be just clicks but directly invoking the service, so it is what is called a "conversion", the ultimate goal of direct response advertising. The conversion.

Now if anybody had any doubts as to the value of Supernetwork on BTCD, I hope you are able to estimate the market discovered prices to be the top listing. I will need to share the revenues from this with the node that generated the click, so this is like a rebate for the user, since they are paying for the click, but they also get some percentage. Then there is a general revenue share that each coin gets. I think it is good to track thing per coin, this way for the people that just cant help themselves from competing with other coins, the competition can be which coin is making the most revenues.

Some some small amount for BTCD as the enabler multiplied by all the users of the Supernetwork using all the services that are available.

I am not able to make an estimate for the possible revenues at this point

James

P.S. Of course as the 2.0 crypto platform, NXT is a big beneficiary from this too. I design things so that everyone wins

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
PondSea
Legendary
*
Offline Offline

Activity: 1302


View Profile
August 30, 2014, 05:31:33 AM
 #6

James i might sound just a tad greedy but here are my thoughts.

As you have stated that BTCD is the spine that holds everything together why do you not limit the IPO to BTCD investors proportionate to their current BTCD holdings?

Say you want 1000BTC raised. If i have 10% of BTCD coins i would have the option to buy 100BTC worth of the IPO. If there is not enough people that take this option then open it up to everyone else after.

The reasoning behind this would be that, firstly people that want to be in the supernetwork IPO will need to buy BTCD and keep up the buy demand and secondly the profits from the rising of the other coins that join the supernetwork would be feed back to the BTCD holders.

PondSea
Legendary
*
Offline Offline

Activity: 1302


View Profile
August 30, 2014, 05:35:22 AM
 #7

BTW Qora asset exchange will be up and running in 2 weeks  Grin Grin Grin

jl777
Legendary
*
Offline Offline

Activity: 1162


View Profile WWW
August 30, 2014, 05:42:50 AM
 #8

James i might sound just a tad greedy but here are my thoughts.

As you have stated that BTCD is the spine that holds everything together why do you not limit the IPO to BTCD investors proportionate to their current BTCD holdings?

Say you want 1000BTC raised. If i have 10% of BTCD coins i would have the option to buy 100BTC worth of the IPO. If there is not enough people that take this option then open it up to everyone else after.

The reasoning behind this would be that, firstly people that want to be in the supernetwork IPO will need to buy BTCD and keep up the buy demand and secondly the profits from the rising of the other coins that join the supernetwork would be feed back to the BTCD holders.
I will also accept BTCD, but BTC is the currency needed to purchase the new coins.
From the feedback I am getting, there is not a way for the BTCD community to fully fund the Supernetwork IPO
There is no cap, no individual limit. I expect some wall street money will find its way here and a fair amount of BTC whales as Supernetwork's primary long term missing is to create a giant sucking of fiat through BTC into crypto.

BTCD makes BTC itself dark.
Supernetwork will increase the value of BTC itself and thus the value of all crypto. Supporting Supernetwork should resonate with the majority of the cryptosphere

I think it will be OK if I provide an extra boost for investments in BTCD. Since the early investors will get slightly more, not sure but for a 2 week offering, 15% for first day, 14%, 13%... like that. So we will have the structure in place for a better percentage for BTCD, but I dont like to create artificial and temporary demand. People might just arbitrage purchase BTCD just to gain the percentage, so the preference needs to be small and not worth the effort to arbitrage, I think 5% is about right. Any big volumes will create a bigger spread than 5%, so unless you already have BTCD, it is easier just to invest BTC

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
Breasal
Hero Member
*****
Offline Offline

Activity: 582


View Profile
August 30, 2014, 05:44:49 AM
 #9

Interested in participating in this....

Q: Isn't the NXT AE sharkfund concept very similar to the Supernetwork IPO? Why not fold the Supernetwork IPO fundraiser into the Sharkfund...possibly issue more assets?

Edit: just read above post...it's clear that you are aiming much higher in terms of funding goals...a super whale is required for a supernetwork!  Grin
UrsaMajorisBeta
Sr. Member
****
Offline Offline

Activity: 476

We are the ones we've been waiting for


View Profile
August 30, 2014, 06:08:22 AM
 #10

Interesting
criptix
Legendary
*
Offline Offline

Activity: 1260


View Profile
August 30, 2014, 06:14:29 AM
 #11

Watching with big eyes Shocked

I hope we have a bit time until ipo starts
PondSea
Legendary
*
Offline Offline

Activity: 1302


View Profile
August 30, 2014, 06:15:53 AM
 #12

You know I will invest whatever I have into this new venture of yours James but please keep in mind the plankton, prawns and the small fish that swim in this ocean just as you would think about the whales.

It is unfortunate that BTC makes BTC and the people that will benefit the  most is the ones that are already have a shitload.

As much as you would  hate fiat, do you not hate the bankers?

jiuge
Sr. Member
****
Offline Offline

Activity: 279


View Profile
August 30, 2014, 06:25:00 AM
 #13

Mark this thread and watch what's going on. Wink
jl777
Legendary
*
Offline Offline

Activity: 1162


View Profile WWW
August 30, 2014, 06:31:09 AM
 #14

Interested in participating in this....

Q: Isn't the NXT AE sharkfund concept very similar to the Supernetwork IPO? Why not fold the Supernetwork IPO fundraiser into the Sharkfund...possibly issue more assets?

Edit: just read above post...it's clear that you are aiming much higher in terms of funding goals...a super whale is required for a supernetwork!  Grin
I will be putting my personal sharkfund0 and other assets into Supernetwork IPO to buy my stake.
I wont be taking any salary or paying any overheads or any fees. I will work for Supernetwork for free and obtain the same percentage for my deposit as others.

BTCD and NXT deposits will get 5% bonus, enough to reward them for having these coins, but not enough to create some arbitrageable price distortion. especially with BTCD only having 1.2 mil coins and small market cap, I dont want artificial demand to pump the price. Slow steady gains for my little BTCD is best. like a turtle

I just got confirmation that Poloniex will be hosting the IPO

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
Legendary
*
Offline Offline

Activity: 1162


View Profile WWW
August 30, 2014, 06:33:09 AM
 #15

You know I will invest whatever I have into this new venture of yours James but please keep in mind the plankton, prawns and the small fish that swim in this ocean just as you would think about the whales.

It is unfortunate that BTC makes BTC and the people that will benefit the  most is the ones that are already have a shitload.

As much as you would  hate fiat, do you not hate the bankers?
Well it is the golden rule. I cant very well say if you put in 1 BTC you get more share than if you put in 1000 BTC
Then the 1000 BTC guy just hires someone to make 1000 separate accts
this is just a waste of time

Money is money
I will accept BTC, BTCD and NXT

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
Legendary
*
Offline Offline

Activity: 1162


View Profile WWW
August 30, 2014, 06:39:07 AM
 #16

Watching with big eyes Shocked

I hope we have a bit time until ipo starts
I am proposing to Poloniex a 2 week period. First day investors getting 15% bonus, then 14%, 13% ...

At the end of two weeks, as long as some minimum percentage of the total amount raises is still coming in, it will be extended. 1/14 = ~7% so say 3% threshold. Once we get a day where less than 3% of the total is raised, then that announces that there will be 2 or 3 more days and done. I dont want to drag this out for more than a month, so max is 4 weeks.

This will give enough time for everyone who is paying attention to get their proportional share. No limits for total or for individual. I guess a minimum of some sort dont want to be dealing with satoshi level shares. Such things for Poloniex to determine

5% bonus for BTCD or NXT deposits

At the end of the IPO, I put in my assets and get my share calculated along with everyone else. Then since it is already on Poloniex, they send the amounts to everyones accounts and trading starts. Its actual instantiation will be as a NXT asset, so it will also trade on NXT AE

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
PondSea
Legendary
*
Offline Offline

Activity: 1302


View Profile
August 30, 2014, 06:46:04 AM
 #17

You know I will invest whatever I have into this new venture of yours James but please keep in mind the plankton, prawns and the small fish that swim in this ocean just as you would think about the whales.

It is unfortunate that BTC makes BTC and the people that will benefit the  most is the ones that are already have a shitload.

As much as you would  hate fiat, do you not hate the bankers?
Well it is the golden rule. I cant very well say if you put in 1 BTC you get more share than if you put in 1000 BTC
Then the 1000 BTC guy just hires someone to make 1000 separate accts
this is just a waste of time

Money is money
I will accept BTC, BTCD and NXT

James

Hi James, I was not saying that a person investing 1 btc would have the same shares as a 1000 btc whale.

All that I was saying is that if you allow an unlimited supply to be invested, the people that would benefit the most from making a return (little fishes) would be pushed to invest elsewhere. A 1 btc into a 100Btc Ipo is easy to make a return, 1 Btc into a 50,000 Btc ipo, not really. All I was saying is that these little investments will get diluted to a point that they won't matter, then they would push them to invest.in other coins/ipos .

In any case good luck with the IPO.

gdavis024
Full Member
***
Offline Offline

Activity: 180


Fighter of the Dayman


View Profile
August 30, 2014, 06:52:03 AM
 #18

Watching with big eyes Shocked

I hope we have a bit time until ipo starts
I am proposing to Poloniex a 2 week period. First day investors getting 15% bonus, then 14%, 13% ...

At the end of two weeks, as long as some minimum percentage of the total amount raises is still coming in, it will be extended. 1/14 = ~7% so say 3% threshold. Once we get a day where less than 3% of the total is raised, then that announces that there will be 2 or 3 more days and done. I dont want to drag this out for more than a month, so max is 4 weeks.

This will give enough time for everyone who is paying attention to get their proportional share. No limits for total or for individual. I guess a minimum of some sort dont want to be dealing with satoshi level shares. Such things for Poloniex to determine

5% bonus for BTCD or NXT deposits

At the end of the IPO, I put in my assets and get my share calculated along with everyone else. Then since it is already on Poloniex, they send the amounts to everyones accounts and trading starts. Its actual instantiation will be as a NXT asset, so it will also trade on NXT AE

James

Hey James, excited to hear about the new project sounds very interested. Do you have a start date in mind for the IPO on Polo yet?
Malissa
Member
**
Offline Offline

Activity: 106


View Profile
August 30, 2014, 06:57:07 AM
 #19

Alright,i just come for JL777 Cheesy

jl777
Legendary
*
Offline Offline

Activity: 1162


View Profile WWW
August 30, 2014, 07:01:31 AM
 #20

You know I will invest whatever I have into this new venture of yours James but please keep in mind the plankton, prawns and the small fish that swim in this ocean just as you would think about the whales.

It is unfortunate that BTC makes BTC and the people that will benefit the  most is the ones that are already have a shitload.

As much as you would  hate fiat, do you not hate the bankers?
Well it is the golden rule. I cant very well say if you put in 1 BTC you get more share than if you put in 1000 BTC
Then the 1000 BTC guy just hires someone to make 1000 separate accts
this is just a waste of time

Money is money
I will accept BTC, BTCD and NXT

James

Hi James, I was not saying that a person investing 1 btc would have the same shares as a 1000 btc whale.

In any case good luck with the IPO.
I know, I was talking about proportion, so 1000 x 1 BTC > single 1000 BTC is what you proposed, but it is not possible, so why kid ourselves? Everybody gets the same proportion from their deposit, other than the small bonuses

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
Pages: [1] 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 ... 306 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!