Topic: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED) - page 13. (Read 21738 times)

Count me in for 1500 NXT 

500 Nxt pledged.

Add me to the list.

Thanks

Please put me down for 100 NXT, yeah I be rollin' heavy.

please revise 5000 NXT to 10,000 NXT for revised total 500,000 NEX

2000NXT pledged.

Just post how much NXT you want to reserve and we will add you to the list.

put me up to 10000 from 7500

thanks

We can open up this option to the investors when payment is tendered.

Well, you could always open up your NEX/NIX IPO to other currencies (such as BTC), and let people pay using that instead of NXT? If NXT holders really want to get rid of their coins, they can do so at bter, dgex, etc. These exchanges work for me (although I do understand that your NXT deposit might not have cleared yet, due to it being just 1 NXT).

ok.. I'm in where do i send the Nxt i have?

sorry if i missed instruction on how to reserve..

Sorry.  This is a private company.  How it spends its earnings are private.  That is just the way it is.

To re-iterate,  the money is spent for development costs of the coin.  

Furthermore,  the 1,000,000 Nxt may not fetch 90 BTC.  

We are in fact taking considerable risk by tying the price to Nxt.

In fact, we rather not take Nxt as purchase price,  but we don't know where else Nxt holders can spend their coins.

Just to clear this up:

You are raising 1000000 Nxt, which is at this moment worth 90 BTC which is around $ 72500.95

Will you be giving reports what the money is spent on, like any company does?

I remind you:


If you plan to work this as a company, your investors have a legal right to seeing the accounts, especially if such amounts of money are involved.

I'm looking forward to your annual report to the State of Delaware and to the investors.

I will give this a shot for 500 NXT.

I missed the NXT boat and I want to give this a go.
I am pledging 2000NXT .
I dont have any NXT now, but can buy some when you start collecting the pledged amounts.

Good luck with the project.

5000, OOO
1000, romawi
10000, garicup
10000, nomailing
20000, canth <--- exceeds limit
10000, chetalk
3000, kolbas
10000, teco051
10000, bitular
8000, indigon
4000, homerzhu
2000, nfigueir
5000, tobyliciously
10000, atomiclock
1000, hvezdasmrti
10000, smophf7
10000, ow48uh
10000, rioshock2
1000, fragout
10000, sottymax
4000, LeFiste
10000, soarlyzed
10000, snipedrunk
2000, Swisscoin
5000, dannac
10000, fibbonac1z
10000, vemdoctor9
5000, Siegtal81
5000 irrawaddybtc
10000 Franconomasky
2000 cntrlsquare
10000 Jaguar0625
5000 NapoBear
10000 tylenol3mit
6000 dlog
1000 toolatetoberich?
2465 eXme
10000 miramare
1000 langkeming
1000 steyast012
1100 alrose
7000 bitfromit
1000 icoinv
4000 lenco
1000 Msile
10000 ripplebtc
10000 cremstopper
10000 jajansen
2683  lonesoul
5000 zurra
5000 td services
10000 lda1000
  7000 SyRenity
10000 wallacemckart
10000 Attack.of.the.Clones
 3000 serogen
 4000 atleticofa
  7500 Kuttingco
10000 Kuttingcorners
10000 User705
 1000 tk808
 1000 virtualaddict
10000 Revelations86
 2500 psybits
10000 aa417444103  
   1000 sydorFunk
   2500 silanmil
9500 solracx
9500 Come-from-Beyond
10000 hunglejungle
5000 godt
10000 olano
 1000 mingophoria
 2000 yshuifejng
 7500 mattmct
 2000 Onkel S.
2000 Microove
1000 Maverick69
5000  kavin2468

10000 atriz
 2000 tk808
10000 cc5alive
 2500 Bourbon44
 2500 extee
 1000 rb2
 2000 waytogo

507,500 total <-- 50% of Limit
Limit is 1,000,000 NXT
Limit 10,000 NXT per User
Amounts under 1000 NXT not listed here but will be included

Appears to be around 100,000 NXT commitments per day. This will likely close in 7 days. So don't forget to make your reservation.

The coin will be created and sold to the community.  

All proceeds for the sale,  just like the Nxt sale will go to the developer.   So for BCNxt who created Nxt, he received 21 BTC.   We hope to raise 1,000,000 NXT or equivalent to pay for development expenses.

I hope the community will step up by running the necessary nodes to secure the network.  We will provide instruction on how to to so.

More details will follow when we have the coin ready for launch.

Shares will be divided between Visacoin victims,  NXT buyers and 'Interested' parties.

All NXT buyers who reserved have the privilege to purchase the amount they reserved.  1 NXT would likely fetch around 500 of these coins.  Yes, 500 coins, not 50 as previously allocated.  So if 10,000 NXT was reserved, 5 million of these coins are expected.

Let me know if that was clear.

Just to make sure i understand you clearly, you will be copying the current nxt source code, making some industrial changes and then release the source code to the world. It will then be up to the nex community to adopt and cultivate it. Does that mean you wont provide any servers or support? What about industrial bug fixes, new versions? What will happen to all the investors funds if you just keep it all.

What will you do with the $100000 worth of nxt you will get? Should you spend some of that on making sure the nex network actually works?
Shouldn't you distibute the one million nxt to all the nex holders equally?
Is that too much to expect? Would it impact profits too much
Please do not mislead me

James

Because we can do it very quickly,  we will release an industrial version of Nxt.

All the coins will be distributed to 3 main parties,  Visacoin victims,  NXT exchangers and free loaders.

We are giving this to the community to eventually promote and maintain.   In short, we will create the crypto currency, but it is up to the community to adopt it and cultivate it.

A couple of questions, these might be silly, but I'll try anyway:

Will the option to invest remain open until you have received 1M NXT or will the window close at some time whether or not the 1M NXT pledges have been received?
Edit: I guess this was answered above. 

If you do receive 1M NXT pledges, and not all who pledge actually invest, what will be done with the remaining NEX allocated for NXT users?  Will there be an option to come in and buy up the remaining shares? Will the 10,000 NXT cap be lifted for those who would like to buy more? Edit: It seems like this option could remain open for quite some time if not everyone invests.

How often will the pledge list be updated so that we know that our pledge has been recorded?

Looking forward to trying this out.  Cheers.

I will announce a new coin NIX... Just a few changes.... designed for quick release.  So instead of the 5% distribution here,  it will be 100%.   This is a straight NXT clone.