so let me get this straight if i buy supernet unitys I get dividends from ALL assets on supernet or just certain ones ....im still confused
SuperNET is the main holding entity, but it holds some assets that in turn own other assets. It is like a directory structure. So the leaf nodes would generate dividends to its holders, this would include the individuals and other assets. Then the assets that got these dividends from the other assets (Privatebet being a prime example of this) would add its own operating profits to the dividends it got and dividend this to its individual holders and other assets. ...
I believe the longest path is:
neoDICE -> Privatebet (NXT-ZGGJ-5G8H-K24Y-3BD8S) -> NXTprivacy (NXT-KKNV-8EPK-W2S4-96VTK)
The idea is that the specific gaming (or other type) asset, in this case neoDICE, will be the item that directly reflects the performance of the neoDICE. And all the gaming assets are routing dividends or revenue share via Privatebet (it owns 35% of neoDICE and has 20% revshare deals with Pangea and Omnigames). Privatebet will also directly have its own decentralized sportsbook next year. So, Privatebet will have meaningful fractions of half a dozen+ other gaming assets, with a percentage of 20% to 25%, this should add up to more than the average of any specific asset, though the diversification protects from any large change (up or down) and it is meant to reflect the aggregate decentralized gaming sector.
The following is NXTprivacy's holdings, anchored by 60% of Privatebet:
cryptocard 400'000 1'000'000 40.00% 9.999 7 2'800'000 Transfer
Privatebet 600'000 1'000'000 60.00% 52.99 40 24'000'000 Transfer
SuperNET 537 816'061 0.07% 183 182.4 97'948.8 Transfer
NXTprivacy will also have direct fees from Teleport, so it has a book value in excess of (40% of 7 + 60% of 40) = 26.8 NXT per asset. Since it is trading at 28/34, if you are able to buy at 28, that is like paying 4 NXT for Teleport revenue stream.
The NXTprivacy dividends would flow into SuperNET and from there to its holders, coin communities, etc.
I know it is a bit complicated, but due to compartmentalization requirements and also some legal insulation, it was deemed to be the safest path. For example, some people are concerned about some legal issues with owning "gambling" based assets as some primitive countries make that illegal. However, if you own something that owns something that owns something that owns something that does a decentralized dice game and each entity is having a specific purpose other than adding "distance", I think it is helping on the legal side.
Over time, I expect Privatebet to gather more and more gaming assets, and of course SuperNET itself to continue to add to its collection of assets:
for future dividends:
Jay 75'000 1'000'000 7.50%
omnigames 75'000 1'000'000 7.50%
SNN 75'000 1'000'000 7.50%
internal:
Pangea 597.7454 1'000'000 0.06%
SuperHODL 10'000'000 10'000'000 100.00%
SuperNET 6'503.956 816'061 0.80%
holdings:
InstantDEX 241'485 1'000'000 24.15%
NXTcoinsco 241'485 1'000'000 24.15%
NXTprivacy 241'485 1'000'000 24.15%
SuperHODL:
Jay 400'000 1'000'000 40.00%
MyNXT 17'200 100'000 17.20%
omnigames 400'000 1'000'000 40.00%
Pangea 414'454.1309 1'000'000 41.45%
SNN 700'000 1'000'000 70.00%
Portion of SNN is allocated to the writers and MyNXT only has 100,000 total assets, so it is looking much smaller than the others but if you look at the percentage owned it is at a healthy 17%. SuperNET/UNITY is thus a very diversified single 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 wont 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.
However, I could not estimate accurately when all this would come online, nor what the levels would be, so I priced the ICO at book value. That means that purchasers of SuperNET got all the future revenue potential for free and the price performance during the bear market has proven that asset (and crypto) backed SuperNET is the superior model. Certainly there is development and timing risk, but nice to have a solid floor.
James
