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Author Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer  (Read 736804 times)
drawingthesun
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September 06, 2014, 04:46:05 AM
 #841

James, how long will the bter ico run? is there a coin limit?
mybabyin
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September 06, 2014, 04:47:04 AM
 #842

James, how long will the bter ico run? is there a coin limit?
14 days and these is no limitation.You are welcome.
jl777 (OP)
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September 06, 2014, 04:47:58 AM
 #843

Recently Privatebet won an auction from Come-from-Beyond for a way to obtain provably random numbers from the NXT blockchain. The initial vehicle for this tech will be within the neoDICE asset, which is based on the satoshi dice game. This asset will payout 100% of revenues in dividends. The reason this is possible is that the dev who is implementing the neoDICE will have a significant percentage. So, the asset represents a slightly higher return for purchasers than the actual dev who is doing the work and maintaining the servers. First version will probably use just a few redundant servers, but after discussions with Come-from-Beyond, I think it is possible to fully decentralize the entire neoDICE, but any such Version 2.0 will be something for next year.

I will be encapsulating this provable random distribution of numbers into the SuperNET API and this will solve one of the thorny issues when it comes to making any type of casino game, eg. cards, slots, etc. So, with this API call, if there was a nice GUI and game play for a game, we have a very nice combination. Most of you probably know by now that I dont do GUI.

So, the plan is the following:

1. Select dev for a particular casino game
2. Issue asset to dev 10% to 40% depending on how much capital is needed
3. 50% of the asset goes to Privatebet, 10% to JLH and if capital is needed up to 30% to NXTventure
4. When the game is in beta and completion is virtually certain, NXTventure or the dev will make some available for sale
4b. In the event NXTventure provided capital, enough assets are sold to at least recoup the amount invested and the balance is distributed as dividends to the NXTventure asset holders.

At the end of this process, Privatebet has a new casino game asset providing 50% of its revenues
NXTventure asset holders get some nice dividend or the dev is making some initial sales, or a bit of both
the dev will now have a way to get some cash when needed just by selling a bit off via NXT AE
JLH gets its customary 10%

The games will generally have exclusive for its category, but there might be some exceptions on a case by case basis
All the standard and non-standard games will be considered. Also any unique game of chance is of course always welcomed.

noashh will post an email address for submitting applications.

James

P.S. SuperNET will of course consider partnering with companies on these type of terms. PM me if you are decision maker for such a company

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
drawingthesun
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September 06, 2014, 04:48:23 AM
 #844

Also, how does this token move? How could I transfer it from one exchange to another?
jl777 (OP)
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September 06, 2014, 05:04:47 AM
 #845

Also, how does this token move? How could I transfer it from one exchange to another?
TOKEN is not transferrable if it is on an exchange. You would have to sell it back. Due to the gradually rising price, I think some people will be providing some market making arbitraging the 15% diff.

once the ICO is over, the TOKEN is swapped 1:1 with SuperNET asset
At that point it is freely tradeable with symbol UNITY or you can withdraw the asset to your NXT acct and trade it on the NXT AE

Now the NXT TOKEN asset would be transferrable as it is a normal NXT asset. At the end of the ICO, a 1:1 dividend will be sent to assetholders as of the end of the ICO. After that, the TOKEN asset would only have collectors value as it wont be entitled to any dividends or anything at all. basically it becomes an unbacked crypto with no dev.

Think of the TOKEN as the wrapping that SuperNET comes in.

The NXT has a transfer asset command and you just deposit to an exchange by sending it to your deposit address at the exchange. The withdraw works in reverse and you send it from the exchange acct to your NXT addr

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
Denis_Diderot
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September 06, 2014, 05:14:22 AM
 #846

Can anybody give a link to BTER please ? And what do you mean by UNITY token(Is it this - Asset Id:  15641806960898178066)? Thanks. Smiley

bter dot com
EtherCoin
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September 06, 2014, 05:36:30 AM
 #847

James, you are all over the place and definitely not making things easy for the non crypto-savy that want to invest in your project.

So let's see if I understand.

You announced that there would be an ICO/IPO in Poloniex, many transfered BTCs there and got ready for the purchase, now looks like it changed to BTER. In BTER is called TOKEN (SuperNET Token), in Polo you have started JLH (jl777HODL). Now also there are shares of the asset in NXT marketplace which allows "queuing" and there is already a line... Is this the same token with different name?

Please clarify.

Eth.
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September 06, 2014, 05:44:53 AM
 #848

James, you are all over the place and definitely not making things easy for the non crypto-savy that want to invest in your project.

So let's see if I understand.

You announced that there would be an ICO/IPO in Poloniex, many transfered BTCs there and got ready for the purchase, now looks like it changed to BTER. In BTER is called TOKEN (SuperNET Token), in Polo you have started JLH (jl777HODL). Now also there are shares of the asset in NXT marketplace which allows "queuing" and there is already a line... Is this the same token with different name?

Please clarify.

Eth.

The IPO was on Poloniex but has been changed to BTER due to them being located in the US and being governed by its laws.

There will be a token that will be given in exchnage for your btc/btcd/nxt on BTER. Once the IPO has ended it will be swapped 1 for 1 as a asset on the NXT exchange. There are a few scam assets right now on there so only buy from the asset issuer as posted in the opening post.

JLH on Poloniex is another asset from James, this asset is not the one that will be swapped for your BTER tokens.





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SuperNET.org
..BarterDEX..
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EtherCoin
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September 06, 2014, 05:54:27 AM
 #849

James, you are all over the place and definitely not making things easy for the non crypto-savy that want to invest in your project.

So let's see if I understand.

You announced that there would be an ICO/IPO in Poloniex, many transfered BTCs there and got ready for the purchase, now looks like it changed to BTER. In BTER is called TOKEN (SuperNET Token), in Polo you have started JLH (jl777HODL). Now also there are shares of the asset in NXT marketplace which allows "queuing" and there is already a line... Is this the same token with different name?

Please clarify.

Eth.

The IPO was on Poloniex but has been changed to BTER due to them being located in the US and being governed by its laws.

There will be a token that will be given in exchnage for your btc/btcd/nxt on BTER. Once the IPO has ended it will be swapped 1 for 1 as a asset on the NXT exchange. There are a few scam assets right now on there so only buy from the asset issuer as posted in the opening post.

JLH on Poloniex is another asset from James, this asset is not the one that will be swapped for your BTER tokens.

Thanks Pond for your explanation.

Some details I would like to know, perhaps you can help clarifying them.

1. So what is JLH about, if most of the assets are going to be centered in superNET whats the point? Will it share dividends of some sort? if so, what dividends are we talking about?

2. James said that the tokens in BTER and the assets in NXT are not sold at the same value, would like to know the details, shouldn't it be the same value for fair distribution? if the tokens are cheaper in NXT I don't see how can it be called fair, so I am assuming my thinking is wrong, can you correct me please?

Eth.
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September 06, 2014, 06:01:02 AM
 #850

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September 06, 2014, 06:20:22 AM
 #851

James, you are all over the place and definitely not making things easy for the non crypto-savy that want to invest in your project.

So let's see if I understand.

You announced that there would be an ICO/IPO in Poloniex, many transfered BTCs there and got ready for the purchase, now looks like it changed to BTER. In BTER is called TOKEN (SuperNET Token), in Polo you have started JLH (jl777HODL). Now also there are shares of the asset in NXT marketplace which allows "queuing" and there is already a line... Is this the same token with different name?

Please clarify.

Eth.

The IPO was on Poloniex but has been changed to BTER due to them being located in the US and being governed by its laws.

There will be a token that will be given in exchnage for your btc/btcd/nxt on BTER. Once the IPO has ended it will be swapped 1 for 1 as a asset on the NXT exchange. There are a few scam assets right now on there so only buy from the asset issuer as posted in the opening post.

JLH on Poloniex is another asset from James, this asset is not the one that will be swapped for your BTER tokens.

Thanks Pond for your explanation.

Some details I would like to know, perhaps you can help clarifying them.

1. So what is JLH about, if most of the assets are going to be centered in superNET whats the point? Will it share dividends of some sort? if so, what dividends are we talking about?

2. James said that the tokens in BTER and the assets in NXT are not sold at the same value, would like to know the details, shouldn't it be the same value for fair distribution? if the tokens are cheaper in NXT I don't see how can it be called fair, so I am assuming my thinking is wrong, can you correct me please?

Eth.

1. JLH is a holding vehicle for other assets on the nxt asset exchange.

2. Investments in NXT and BTCD will get a 5% bonus over BTC. Bter will calculate the exchange/rate automatically where as James will need to do it manually thus the price difference.





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SuperNET.org
..BarterDEX..
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EtherCoin
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September 06, 2014, 06:24:05 AM
 #852

1. JLH is a holding vehicle for other assets on the nxt asset exchange.

2. Investments in NXT and BTCD will get a 5% bonus over BTC. Bter will calculate the exchange/rate automatically where as James will need to do it manually thus the price difference.

Thanks again Pond, your answers are greatly appreciated.


Eth.
jl777 (OP)
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September 06, 2014, 06:35:15 AM
 #853

James, you are all over the place and definitely not making things easy for the non crypto-savy that want to invest in your project.

So let's see if I understand.

You announced that there would be an ICO/IPO in Poloniex, many transfered BTCs there and got ready for the purchase, now looks like it changed to BTER. In BTER is called TOKEN (SuperNET Token), in Polo you have started JLH (jl777HODL). Now also there are shares of the asset in NXT marketplace which allows "queuing" and there is already a line... Is this the same token with different name?

Please clarify.

Eth.
I cannot control what other parties do, I only posted what was confirmed to me.
JLH happened about a month ago, it is a single purchase to invest in almost all my assets and other NXT assets, not really related to SuperNET except it contains 10% slices of all the SuperNET core assets and is probably a bit undervalued now.

The official TOKEN on NXT AE and bter will both get corresponding SuperNET asset. This complication was to help polo get lawyers approval and it was too late to simplify when I am notified after the golive time that they have to back out.

So you can get it on NXT or bter, same result different method

make sure it is the official asset issued by the official acct in the OP if you get it on NXT AE

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
hellobilljoygo
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September 06, 2014, 06:36:59 AM
 #854

I think I will put 15btc, yes I will
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September 06, 2014, 06:38:07 AM
 #855

I just can't miss this IPO,God,The IPO of Jl777,who will miss this?
jl777 (OP)
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September 06, 2014, 06:39:08 AM
 #856

James, you are all over the place and definitely not making things easy for the non crypto-savy that want to invest in your project.

So let's see if I understand.

You announced that there would be an ICO/IPO in Poloniex, many transfered BTCs there and got ready for the purchase, now looks like it changed to BTER. In BTER is called TOKEN (SuperNET Token), in Polo you have started JLH (jl777HODL). Now also there are shares of the asset in NXT marketplace which allows "queuing" and there is already a line... Is this the same token with different name?

Please clarify.

Eth.

The IPO was on Poloniex but has been changed to BTER due to them being located in the US and being governed by its laws.

There will be a token that will be given in exchnage for your btc/btcd/nxt on BTER. Once the IPO has ended it will be swapped 1 for 1 as a asset on the NXT exchange. There are a few scam assets right now on there so only buy from the asset issuer as posted in the opening post.

JLH on Poloniex is another asset from James, this asset is not the one that will be swapped for your BTER tokens.

Thanks Pond for your explanation.

Some details I would like to know, perhaps you can help clarifying them.

1. So what is JLH about, if most of the assets are going to be centered in superNET whats the point? Will it share dividends of some sort? if so, what dividends are we talking about?

2. James said that the tokens in BTER and the assets in NXT are not sold at the same value, would like to know the details, shouldn't it be the same value for fair distribution? if the tokens are cheaper in NXT I don't see how can it be called fair, so I am assuming my thinking is wrong, can you correct me please?

Eth.
JLH reinvests any dividends it gets as polo does not support distributing asset dividends to holders, yet. Just lack of time to implement, it could easily work like at a normal brokerage where if you own something on the ex-dividend date it goes into your acct.

bter has a bot automatically changing the price every minute. I am too lazy to be doing this manually, so I will not give the best price. If you want the best price get it from bter. If you want the convenience of buying from NXT AE, then it will cost a bit more. dont ask how much more, I have no idea the fluctuation of market prices

Both NXT and BTCD purchases are giving a 5% bonus, not enough to arbitrage for it, but just a reward to the two communities I have been active with

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777 (OP)
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September 06, 2014, 06:39:40 AM
 #857

I just can't miss this IPO,God,The IPO of Jl777,who will miss this?
there is no rush, plenty of TOKEN for everyone

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777 (OP)
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September 06, 2014, 06:43:10 AM
 #858

I think I will put 15btc, yes I will
unless you are fully understanding of SuperNET, I suggest to limit to 1 BTC
SuperNET has a lot of parts and I tend to keep improving things, while still maintaining the backward compatibility to the prior constraints.
For example the integration of NXTventure into the SuperNET Core
Once that was done, it didnt take me long to come up with formalized Privatebet casino asset plan

Many will demand that I document all this ahead of time, but that is not how my mind works. I am at heart a simple C programmer. So, I only am seeing the next thing to do that improves things. Then that makes me see another improvement, etc.

So this is organic improvement or something like that. It is not for everybody, so please make sure you are accepting of my method. Many call me crazy, doing too many things, but I cannot help that I have more than one idea per week

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
hellobilljoygo
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September 06, 2014, 06:47:07 AM
 #859

I just can't miss this IPO,God,The IPO of Jl777,who will miss this?
there is no rush, plenty of TOKEN for everyone
jl777  I think if you can Can priced at the low point
hellobilljoygo
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September 06, 2014, 06:48:30 AM
 #860

I think I will put 15btc, yes I will
unless you are fully understanding of SuperNET, I suggest to limit to 1 BTC
SuperNET has a lot of parts and I tend to keep improving things, while still maintaining the backward compatibility to the prior constraints.
For example the integration of NXTventure into the SuperNET Core
Once that was done, it didnt take me long to come up with formalized Privatebet casino asset plan

Many will demand that I document all this ahead of time, but that is not how my mind works. I am at heart a simple C programmer. So, I only am seeing the next thing to do that improves things. Then that makes me see another improvement, etc.

So this is organic improvement or something like that. It is not for everybody, so please make sure you are accepting of my method. Many call me crazy, doing too many things, but I cannot help that I have more than one idea per week

James
Yes, I think I will accept, but I will invest 5btc it!
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