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

[775011934]

Can I buy on day 1 and sell on day 2 on bter?

Yes if you undercut the current price on day 2 to get it sold.

Can I get refund on Day 10 like XCR(Cripty) did?

[1715152181]

1715152181

[1715152181]

1715152181

[1715152181]

1715152181

[1715152181]

1715152181

[1715152181]

1715152181

[1715152181]

1715152181

[Espo]

Ok,

I read the most of this thread. But what I'm not guessing is how the Price on the asset-exchange will be generated? will it be the Prices at 14:00 GMT at bter.com?

[jl777]

Can you explain a bit more the connection between JLH and Supernet?

Thank you

no direct connection
JLH has over two dozen NXT assets, mostly ~10% slices
Since it is a horizontal proxy asset, it ends up with 10% slices of all the SuperNET core assets
it predates SuperNET by about 3 months, the JLH trading on polo started about a month ago, not sure of exact dates

[PondSea]

Can I buy on day 1 and sell on day 2 on bter?

Yes if you undercut the current price on day 2 to get it sold.

Can I get refund on Day 10 like XCR(Cripty) did?

You can sell it on day 10 if you like provided there are buyers for it at that time

[jl777]

the starting price in bter will be 0.01 BTC

which will be the price in NXT?

0.0095 BTC using a conversion rate calculated by 24hr SMA of CMC price

[Breasal]

If coding was like golf without takebacks, then I would be in big trouble.
James

One day I'd love to play a round of golf with you...my treat!

I am not so bad at putting and I used to be able to hit it almost 300 yards, but only with one club! I could never figure it out. Also, the 300 yards was NEVER in the right direction! Often I am having to go to two holes adjacent.

Then luckily I made a horrible swing and slammed the driver into the ground at full force and really messed up by back. After that the closest I get to golf is the putt-putt with the windmills

James

I am laughing out loud...hilarious!    
I'll settle for putt-putt if the opportunity arises.

[jl777]

Ok,

I read the most of this thread. But what I'm not guessing is how the Price on the asset-exchange will be generated? will it be the Prices at 14:00 GMT at bter.com?

when the inventory gets low, I will look at the bter price, the last 24hr prices on CMC and guesstimate a price that will be within the 5% bonus range, but maybe I just remove the 5% bonus and count on the price not changing that much

basically the NXT AE price will most likely be worse than the bter price, by about 5%

[hellobilljoygo]

JL777
What interests you have them in the ICO? Can you tell us?

[SuperDuperProfit]

as far as I see it all who invest in Supernet have a 90% chance to make more profit then early bitcoin investors thru James work in their lifetime
I'm ready I put all me and my brothers money we've already got it ready on Bter I feel like on coke this is gonna be E P I C

thank you for thi sgolden opportunity James !!!! wherreever you are in the US have a Latte on my name good sir! you are the man!

Donovan

[jl777]

JL777
What interests you have them in the ICO? Can you tell us?

I get no free shares
Max of 10% purchased with the core assets

[775011934]

Can I buy on day 1 and sell on day 2 on bter?

Yes if you undercut the current price on day 2 to get it sold.

Can I get refund on Day 10 like XCR(Cripty) did?

You can sell it on day 10 if you like provided there are buyers for it at that time

Can I get refund if there is no buy order on 10?

[jl777]

as far as I see it all who invest in Supernet have a 90% chance to make more profit then early bitcoin investors thru James work in their lifetime
I'm ready I put all me and my brothers money we've already got it ready on Bter I feel like on coke this is gonna be E P I C

thank you for thi sgolden opportunity James !!!! wherreever you are in the US have a Latte on my name good sir! you are the man!

Donovan

thanks for the positive words. It is nice to hear it especially after some of the negative ones

however, please do not expect some crazy 100x like early BTC investors

now lifetime is quite a long timeframe and if the community can bring out the specialists to replace my generalist skill level across the board, then this is giving the chance for the 100x over the decades. I could just be like a monkey and randomly approve or deny the proposals and be right half the time, and still SuperNET will be just fine with hundreds of the most skilled people doing the actual works

I have a policy to avoid the USA, but I appreciate the offer!

James

[jd1959]

Good luck James thanks for your efforts in making this happen.......I daresay it will be some time before you get your next sleep

Jon

[habraken]

Can I get refund...

This is not, America... Shalalalala.

[jl777]

Can I buy on day 1 and sell on day 2 on bter?

Yes if you undercut the current price on day 2 to get it sold.

Can I get refund on Day 10 like XCR(Cripty) did?

You can sell it on day 10 if you like provided there are buyers for it at that time

Can I get refund if there is no buy order on 10?

it is highly unlikely that there would be no orders at all, but I cannot control the market
you do have to take some risk to get the early bird bonus, otherwise there is no point for the bonus, so I suggest you wait until the last day

[DailyModo]

Where will the ipo happen exactly since polo isnt doing it?

[sanbashiyi]

Where will the ipo happen exactly since polo isnt doing it?

in bter can IPO this

[DailyModo]

I am seeing 5000 token to be sold at bter right now. Is it open yet?

Also is that the total of token to be sold?

[habraken]

Where will the ipo happen exactly since polo isnt doing it?

If you can't figure out things like that, maybe it's not for you... 

[Cassius]

Brief overview of SuperNET sale process. Hopefully this will answer at least some common questions.

SuperNET fundraising process

SuperNET will be available on BTER and the NXT Asset Exchange (available within the client downloadable from www.NXT.org, or see www.secureae.com for browser version).
BTER will sell a SuperNET token (symbol: TOKEN) which will be exchanged for the UNITY asset at the end of the process. (TOKEN may not be withdrawn until it has been converted to UNITY. They may be traded if desired.)

A similar token will be available on the Asset Exchange, which will also be exchanged for UNITY at the end:
Official SuperNET NXT addr: NXT-MRBN-8DFH-PFMK-A4DBM
Official SuperNET TOKEN asset: 15641806960898178066
Beware of any SuperNET related asset issued by any other account

TOKEN can be purchased in BTC, NXT and BTCD. There will be a 5% discount on the BTC price for purchases with NXT and BTCD. The discount will be calculated from a 24-hour moving average. This does not take into account any fluctuations in the price of NXT or BTCD over the course of the process.

In addition, there will be an 'early bird' discount of 15% for the first investors. This amount will slowly decrease to zero over the next two weeks. Pricing will be adjusted automatically on BTER but manually on the NXT Asset Exchange, hence may not be as smooth.

There is no limit on the amount of TOKEN available overall, though there may be short-term restrictions on TOKEN available at a given price if volumes are very high. If a large number are sold, this does not dilute other buyers' holdings, since SuperNET is backed by the cryptocurrency paid: SuperNET is not a cryptocurrency and this is not like a typical coin offering. (SuperNET is a basket of cryptocurrencies and revenue-generating assets than can be considered more like a closed-ended mutual fund.)

The fundraiser will start at 14:00 GMT Saturday 6 September. It will continue for 2-4 weeks in total, for as long as there is sufficient interest. At the end, all TOKEN will be converted to UNITY, which can be withdrawn to a NXT wallet or traded on the AE, BTER and other supporting exchanges.

For further information about SuperNET, please see http://thesupernet.org/superNET.pdf