[ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer

[IamNotSure]

some early vote totals:

James, you might have to throw in a 'No' vote yourself, just to prove that side of the voting functions properly!  

Is there already a way to vote if you have bought TOKENs on BTER ?

[1715105405]

1715105405

[windjc]

some early vote totals:

Code:

ApproveBonus: NXT-GR5T-8W3L-UFQP-8VFPVRejectBonus: NXT-FCHV-C8VL-YWFJ-EELVV
Timestamp: 26165360 (Tue, 23 Sep 2014 08:09:20 GMT)
Weighting via amount of asset in account, assetID=15641806960898178066
--------VOTES----------
NXT-FS84-X3AH-2CZQ-7FCVQ, vote=ApproveBonus, weight=2000
NXT-MRBN-8DFH-PFMK-A4DBM, vote=NOT COUNTED, ISSUING ACCOUNT, weight=0
NXT-7KAJ-FHM6-EAD7-7NSA7, vote=ApproveBonus, weight=10
NXT-FDW8-THXX-PY8X-9VK6M, vote=ApproveBonus, weight=10
NXT-44ZJ-ZEGC-4MZU-BHEDB, vote=ApproveBonus, weight=20
NXT-KUU3-FXUT-KYY2-GVLW5, vote=ApproveBonus, weight=110
NXT-KYQ8-DBT2-4PQ7-65LGV, vote=ApproveBonus, weight=68
NXT-LKCS-8GVP-VN8Q-7D6PA, vote=ApproveBonus, weight=25
NXT-93FD-7YBJ-44EU-CNYJT, vote=ApproveBonus, weight=25
NXT-D9N8-W2UF-VF7J-D8N6S, vote=ApproveBonus, weight=6186
NXT-6FZ6-BNL7-LKSB-HPFKM, vote=ApproveBonus, weight=500
NXT-A6DL-4GN2-SPA2-A3KKL, vote=ApproveBonus, weight=200
NXT-CWU6-7HAJ-DKD6-47RLA, vote=ApproveBonus, weight=40
NXT-DFDV-58KQ-LTD7-9XC9T, vote=ApproveBonus, weight=3002
NXT-LCK5-XM8T-L5TM-3R7H4, vote=ApproveBonus, weight=0
NXT-5C45-E8JS-AC42-7KMSQ, vote=ApproveBonus, weight=0
NXT-5ZCV-KNGM-W5QK-HJ8FN, vote=ApproveBonus, weight=30
NXT-6DRG-8Y7R-MWWX-4966R, vote=ApproveBonus, weight=1089
NXT-76VN-YGGB-ZCEH-HU6G3, vote=ApproveBonus, weight=701
NXT-7J3A-8H99-G3XF-GVTJN, vote=ApproveBonus, weight=513
NXT-GWFG-JAPF-8AZG-4P5R5, vote=ApproveBonus, weight=500
NXT-CHGW-7472-MB8R-C6SKT, vote=ApproveBonus, weight=21
NXT-CBT7-LSFJ-LVH5-F2Z6T, vote=ApproveBonus, weight=260
NXT-7WWM-Z57T-5MSK-7AJYC, vote=ApproveBonus, weight=266
NXT-A5KL-MHZH-QNFR-BUREW, vote=ApproveBonus, weight=60
NXT-9SYB-C2GF-JA2X-2R4S3, vote=ApproveBonus, weight=250
NXT-SQBJ-6RU2-G6U6-9LRJD, vote=ApproveBonus, weight=152
NXT-UDHN-A4VD-JMWP-GQY57, vote=ApproveBonus, weight=435
NXT-N969-VBNG-QJD9-H3S9V, vote=ApproveBonus, weight=350
NXT-PMSG-QVK7-W9ZW-4FNPJ, vote=ApproveBonus, weight=200
NXT-U49W-4KNB-ATU5-GKEMZ, vote=ApproveBonus, weight=70
NXT-RA6F-TBCY-CAZA-GHHME, vote=ApproveBonus, weight=138
NXT-N7US-CHK3-THEF-3ARQK, vote=ApproveBonus, weight=147
NXT-RK5U-NNTH-3AAS-55K77, vote=ApproveBonus, weight=650
NXT-NS43-UEQN-XKP9-4BNKQ, vote=ApproveBonus, weight=168
NXT-TMFP-KSA2-Y29L-69W3R, vote=ApproveBonus, weight=500
NXT-ULR2-T4TH-4X7P-8WVPV, vote=ApproveBonus, weight=94
NXT-ULX3-JFFQ-Q9NV-CD3LU, vote=ApproveBonus, weight=171
NXT-UWJU-XXST-3MPQ-2JWG7, vote=ApproveBonus, weight=1
NXT-VR3X-5HLQ-37B8-HGFBH, vote=ApproveBonus, weight=0
NXT-VRQQ-64HY-F4QH-3AQQQ, vote=ApproveBonus, weight=644
NXT-W6G8-F4ES-MSTS-5269V, vote=ApproveBonus, weight=210
-----------------------
ApproveBonus: 100.00%, RejectBonus: 0.00%

This is going to be a nail biter.

[jeezy]

some early vote totals:

Code:

ApproveBonus: NXT-GR5T-8W3L-UFQP-8VFPVRejectBonus: NXT-FCHV-C8VL-YWFJ-EELVV
Timestamp: 26165360 (Tue, 23 Sep 2014 08:09:20 GMT)
Weighting via amount of asset in account, assetID=15641806960898178066
--------VOTES----------
NXT-FS84-X3AH-2CZQ-7FCVQ, vote=ApproveBonus, weight=2000
NXT-MRBN-8DFH-PFMK-A4DBM, vote=NOT COUNTED, ISSUING ACCOUNT, weight=0
NXT-7KAJ-FHM6-EAD7-7NSA7, vote=ApproveBonus, weight=10
NXT-FDW8-THXX-PY8X-9VK6M, vote=ApproveBonus, weight=10
NXT-44ZJ-ZEGC-4MZU-BHEDB, vote=ApproveBonus, weight=20
NXT-KUU3-FXUT-KYY2-GVLW5, vote=ApproveBonus, weight=110
NXT-KYQ8-DBT2-4PQ7-65LGV, vote=ApproveBonus, weight=68
NXT-LKCS-8GVP-VN8Q-7D6PA, vote=ApproveBonus, weight=25
NXT-93FD-7YBJ-44EU-CNYJT, vote=ApproveBonus, weight=25
NXT-D9N8-W2UF-VF7J-D8N6S, vote=ApproveBonus, weight=6186
NXT-6FZ6-BNL7-LKSB-HPFKM, vote=ApproveBonus, weight=500
NXT-A6DL-4GN2-SPA2-A3KKL, vote=ApproveBonus, weight=200
NXT-CWU6-7HAJ-DKD6-47RLA, vote=ApproveBonus, weight=40
NXT-DFDV-58KQ-LTD7-9XC9T, vote=ApproveBonus, weight=3002
NXT-LCK5-XM8T-L5TM-3R7H4, vote=ApproveBonus, weight=0
NXT-5C45-E8JS-AC42-7KMSQ, vote=ApproveBonus, weight=0
NXT-5ZCV-KNGM-W5QK-HJ8FN, vote=ApproveBonus, weight=30
NXT-6DRG-8Y7R-MWWX-4966R, vote=ApproveBonus, weight=1089
NXT-76VN-YGGB-ZCEH-HU6G3, vote=ApproveBonus, weight=701
NXT-7J3A-8H99-G3XF-GVTJN, vote=ApproveBonus, weight=513
NXT-GWFG-JAPF-8AZG-4P5R5, vote=ApproveBonus, weight=500
NXT-CHGW-7472-MB8R-C6SKT, vote=ApproveBonus, weight=21
NXT-CBT7-LSFJ-LVH5-F2Z6T, vote=ApproveBonus, weight=260
NXT-7WWM-Z57T-5MSK-7AJYC, vote=ApproveBonus, weight=266
NXT-A5KL-MHZH-QNFR-BUREW, vote=ApproveBonus, weight=60
NXT-9SYB-C2GF-JA2X-2R4S3, vote=ApproveBonus, weight=250
NXT-SQBJ-6RU2-G6U6-9LRJD, vote=ApproveBonus, weight=152
NXT-UDHN-A4VD-JMWP-GQY57, vote=ApproveBonus, weight=435
NXT-N969-VBNG-QJD9-H3S9V, vote=ApproveBonus, weight=350
NXT-PMSG-QVK7-W9ZW-4FNPJ, vote=ApproveBonus, weight=200
NXT-U49W-4KNB-ATU5-GKEMZ, vote=ApproveBonus, weight=70
NXT-RA6F-TBCY-CAZA-GHHME, vote=ApproveBonus, weight=138
NXT-N7US-CHK3-THEF-3ARQK, vote=ApproveBonus, weight=147
NXT-RK5U-NNTH-3AAS-55K77, vote=ApproveBonus, weight=650
NXT-NS43-UEQN-XKP9-4BNKQ, vote=ApproveBonus, weight=168
NXT-TMFP-KSA2-Y29L-69W3R, vote=ApproveBonus, weight=500
NXT-ULR2-T4TH-4X7P-8WVPV, vote=ApproveBonus, weight=94
NXT-ULX3-JFFQ-Q9NV-CD3LU, vote=ApproveBonus, weight=171
NXT-UWJU-XXST-3MPQ-2JWG7, vote=ApproveBonus, weight=1
NXT-VR3X-5HLQ-37B8-HGFBH, vote=ApproveBonus, weight=0
NXT-VRQQ-64HY-F4QH-3AQQQ, vote=ApproveBonus, weight=644
NXT-W6G8-F4ES-MSTS-5269V, vote=ApproveBonus, weight=210
-----------------------
ApproveBonus: 100.00%, RejectBonus: 0.00%

So what's the BTER voting link then?

[jl777]

some early vote totals:

James, you might have to throw in a 'No' vote yourself, just to prove that side of the voting functions properly!  

Is there already a way to vote if you have bought TOKENs on BTER ?

freeworm will post details soon

[jl777]

some early vote totals:

James, you might have to throw in a 'No' vote yourself, just to prove that side of the voting functions properly! 

I dont have any TOKEN, so I cant vote. even if I did get some, I would abstain.
Also, I said I would cap the amount of SuperNET I would get, so if I bought any TOKEN that would put me over the limit

James

[jl777]

some early vote totals:

James, you might have to throw in a 'No' vote yourself, just to prove that side of the voting functions properly! 

http://nxtreporting.com/?a=NXT-FCHV-C8VL-YWFJ-EELVV&c=USD

the above shows no Reject votes

James

[Cassius]

This is the most confusing thing I've ever seen and I'm no newb to the arena.  I first started researching this on Friday, but since then I've spent about a dozen hours on threads, reading whitepapers, websites, IRC, and your blog.

I understand the technology idea behind SuperNET - and I think its a good one, but you would have gotten a ton more money if you'd have bothered to explain the financial aspects much better.  (Piecing together the NAV funding, the asset NAV funding, and the myriad of ways you expect SuperNET to generate revenue is frankly just a hot mess).  It's so bad, everyone I've personally talked to about SuperNET has not invested because they don't understand it. 

Moving into trading in two days, the best thing you can do to increase the value is take the time to explain the financial vision (funding and revenue) in detail.  Better yet, have someone else do it.  Sometimes, when a person is living and breathing a complex idea it seems so fundamentally obvious that they just can't explain it well.  We need single, concise document that explains SuperNET in its current incarnation in a ELI5 capacity.

I hope some of you who know James well and are invested in his vision can take the time to do this for him.  I would volunteer to be involved, but I'm not really even sure where to begin.  Every time I think I get the gist I read something that casts doubt on my basic assumptions - as evidenced by my own posts in this thread.  I'm of course happy to contribute to the discussion though. 

To close, I've invested 6.5 BTC into super net, but I would have gone much bigger if I felt like like I fully understood the financial aspects of it.  I *know* I'm not the only one who feels this way.  Lets get something out there that explains the vision in detail before we start to trade on Thursday.

I think, I understand what supernet will be - a combination of funds and metacoin/asset. But I am also dev (erp, not crypto), so it is easy to understand the language and the drawings.
I am convinced, that this will be a great leap forward for crypto - combining the advantages of several coins and assets/projects for the benefit of the user. I am in 

Maybe an explanation for non-devs would be useful

That's about right. It's a fund, backed by crypto, which also includes diverse revenue-generating assets. So the downside will always be protected by the value of the crypto held - at time of launch probably ~5000 BTC - and the upside, well... who knows? Some of the profits will go to coin communities to invest in new tech. Some will go to asset holders. So network effect, collaboration, investing in and rewarding innovation are key to SuperNET, and the great thing is that this behaviour - which crypto sorely needs - is incentivised by the business model.

UNO_owner, if you have specific questions, please ask them and someone will try to answer to your satisfaction! One of the problems is that this is very fast-moving and there is no way of predicting certain income streams, especially as more services are being added over time.
For example, I think the SuperTraders and PrivateBet will be quite lucrative, but there's no way of knowing how they will perform. We will have early indications about the SuperTraders in a week or two I guess. They will be generating the first profits. PrivateBet will not be launched for a while, but it is a proven market. Then there are things like Ad revenue, which should be more predictable once things are up and running. Atomic... totally unknown quantity.

I'm not a dev, or a financial guru, and I know that nothing is certain in life or investment (let alone crypto), but I've taken time to understand this and I'm very excited by the idea. Like some of James' other projects - Teleport springs to mind - it's actually really elegantly simple at its heart. You just have to wade through a lot of complexity to get there

[cryptodevil]

the above shows no Reject votes

James

Overwork must make it harder to gauge humour in forum posts, James, I'll hold up a card next time I try to post something amusing.

It was just a fun observation/suggestion on the basis that I don't think any investor would have reason to vote 'no'.

[jl777]

the above shows no Reject votes

James

Overwork must make it harder to gauge humour in forum posts, James, I'll hold up a card next time I try to post something amusing.

It was just a fun observation/suggestion on the basis that I don't think any investor would have reason to vote 'no'.

sorry
it has been a lot of extra work the last 2 weeks, this delayed my coding so feeling bad about that
at least now I can get back to mostly coding

James

[HarriHirsch]

This is the most confusing thing I've ever seen and I'm no newb to the arena.  I first started researching this on Friday, but since then I've spent about a dozen hours on threads, reading whitepapers, websites, IRC, and your blog.

I understand the technology idea behind SuperNET - and I think its a good one, but you would have gotten a ton more money if you'd have bothered to explain the financial aspects much better.  (Piecing together the NAV funding, the asset NAV funding, and the myriad of ways you expect SuperNET to generate revenue is frankly just a hot mess).  It's so bad, everyone I've personally talked to about SuperNET has not invested because they don't understand it. 

Moving into trading in two days, the best thing you can do to increase the value is take the time to explain the financial vision (funding and revenue) in detail.  Better yet, have someone else do it.  Sometimes, when a person is living and breathing a complex idea it seems so fundamentally obvious that they just can't explain it well.  We need single, concise document that explains SuperNET in its current incarnation in a ELI5 capacity.

I hope some of you who know James well and are invested in his vision can take the time to do this for him.  I would volunteer to be involved, but I'm not really even sure where to begin.  Every time I think I get the gist I read something that casts doubt on my basic assumptions - as evidenced by my own posts in this thread.  I'm of course happy to contribute to the discussion though. 

To close, I've invested 6.5 BTC into super net, but I would have gone much bigger if I felt like like I fully understood the financial aspects of it.  I *know* I'm not the only one who feels this way.  Lets get something out there that explains the vision in detail before we start to trade on Thursday.

I think, I understand what supernet will be - a combination of funds and metacoin/asset. But I am also dev (erp, not crypto), so it is easy to understand the language and the drawings.
I am convinced, that this will be a great leap forward for crypto - combining the advantages of several coins and assets/projects for the benefit of the user. I am in 

Maybe an explanation for non-devs would be useful

That's about right. It's a fund, backed by crypto, which also includes diverse revenue-generating assets. So the downside will always be protected by the value of the crypto held - at time of launch probably ~5000 BTC - and the upside, well... who knows? Some of the profits will go to coin communities to invest in new tech. Some will go to asset holders. So network effect, collaboration, investing in and rewarding innovation are key to SuperNET, and the great thing is that this behaviour - which crypto sorely needs - is incentivised by the business model.

UNO_owner, if you have specific questions, please ask them and someone will try to answer to your satisfaction! One of the problems is that this is very fast-moving and there is no way of predicting certain income streams, especially as more services are being added over time.
For example, I think the SuperTraders and PrivateBet will be quite lucrative, but there's no way of knowing how they will perform. We will have early indications about the SuperTraders in a week or two I guess. They will be generating the first profits. PrivateBet will not be launched for a while, but it is a proven market. Then there are things like Ad revenue, which should be more predictable once things are up and running. Atomic... totally unknown quantity.

I'm not a dev, or a financial guru, and I know that nothing is certain in life or investment (let alone crypto), but I've taken time to understand this and I'm very excited by the idea. Like some of James' other projects - Teleport springs to mind - it's actually really elegantly simple at its heart. You just have to wade through a lot of complexity to get there

I think what I called the metacoin/asset aspect is also very important:
Combining the advantages of more than one coin or project. E.g. using features of btcd, bbr and have the ability to use coinomat as a fiat-gateway if needed and more. If the combination of all that features is accessible for normal users (not computer scientists) via an easy user interface, than this has in my opinion the chance to be a revolution. If we generate benefit for the user - always easy to use and understand - this will lead to great success for supernet.

Please James or Cassius, correct me if I am wrong.

[Cassius]

I think what I called the metacoin/asset aspect is also very important:
Combining the advantages of more than one coin or project. E.g. using features of btcd, bbr and have the ability to use coinomat as a fiat-gateway if needed and more. If the combination of all that features is accessible for normal users (not computer scientists) via an easy user interface, than this has in my opinion the chance to be a revolution. If we generate benefit for the user - always easy to use and understand - this will lead to great success for supernet.

Please James or Cassius, correct me if I am wrong.

If I've understood you correctly, yes. Synergy, network effect... James is known not to like 'GUI stuff' but I'm pretty sure usability will come into it.

[torshammer]

James, at what point in the next days will it be made public which other actors / coins have agreed to be part of the supernet? Thanks.

[dewey556]

Is free market moderated in anyway? or is it going to be an anything goes situation. In that case would't that make the SuperNET / UNITY holders profiteers of potencially illicit trades?

[HarriHirsch]

Already sold out on AE?

[Cassius]

Chris from CoinEvolve is back in circulation: https://nxtforum.org/assets-board/%28ann%29-reserved/msg106031/#msg106031

Inevitably there will be strong feelings about this. Please can we establish what happened first, for the sake of all those involved and lost money in this (him included, according to his post).

[fnxt]

  
Notice: SuperNET pre-sale will be ended soon at 14:00 GMT Sept. 23 . Voting will be available for all investors soon at this link .

[fnxt]

some early vote totals:

James, you might have to throw in a 'No' vote yourself, just to prove that side of the voting functions properly!  

Is there already a way to vote if you have bought TOKENs on BTER ?

freeworm will post details soon

Investors from BTER can vote at the following link from 14:00 GMT

https://bter.com/article/3023 (not permitted to view until 14:00 GMT)

not permitted

[jeezy]

some early vote totals:

James, you might have to throw in a 'No' vote yourself, just to prove that side of the voting functions properly!  

Is there already a way to vote if you have bought TOKENs on BTER ?

freeworm will post details soon

Investors from BTER can vote at the following link from 14:00 GMT

https://bter.com/article/3023 (not permitted to view until 14:00 GMT)

not permitted

Did you even read what he wrote? Won't be permitted until 14:00GMT which is in about 40 minutes from now.

[torshammer]

Can anyone answer definitely the question about when the info about what other actors / coins have agreed to be part of the net will be released after ico closes, thx.

[Cassius]

Can anyone answer definitely the question about when the info about what other actors / coins have agreed to be part of the net will be released after ico closes, thx.

I think only James can do that. As things stand NXT, BTCD and BBR (soon to become XRN?) are involved.
Assets are a different question.