Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 172. (Read 736772 times)

James great job ass allways.

No you got it right. Some thought it was too good to be true. Those of us who knew James invested big.

valarmg is working on a redemption method
so it is possible NXT AE TOKEN purchasers will have to transfer their TOKEN to a redeem address to get the SuperNET asset

James

I think a reasonable valuation is 3x NAV, but if everybody who would buy has already bought, where would the aftermarket demand come from? As most of the core SuperNET owners will be long term HODL, as people discover all the contributors to the SuperNET valuation, the demand will come in from the people that were on the sidelines, or not fully invested.

My primary reason for doing this is not to maximize my personal ROI, but rather to maximize the ROI for the people who bought TOKEN.

Just like all the people that bought my other assets early and BTCD, the ones that spend the time to fully understand or put their trust in me, these are the people that will get the biggest ROI. Long term the NAV based valuation will diminish in importance, and the amount raised the potential for some nice ROI exists.

there is a graphical display being worked on like http://www.nxttechnologytree.com/

James

I think JL777 can choose deal like this:
TOKEN assets holder need to send TOKEN to jl777 for New SuperNet.
So all TOKEN assets will be collected and for subsequent Genesis sending or other methods.

Great asset.

there is a team working on the "financial GUI"
there is enough funds raised as it is, I am not needing to maximize the funds raised
this also makes it easier to give the people who invested a better ROI
like you say, just by documenting it clearly the price will increase

James

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.

automatic

Do token holders on Bter need to do anything to convert to Unity, or will that happen automatically? Sorry if that was answered before.

I buy  2000 token just for jl777   .

Dust is just a word for a very small amount. With BTC small amounts like 100 sat and less are just "dust".

so to get in on the ICO go here: https://bter.com/trade/TOKEN_BTC 

I really don't get the dust comment, I guess I have tons of research to do to understand what any of this is about....

The offering from "Asset Issuer" is james. But, there is nothing to keep others from trading token at this point. It is those that trade it after superNet is issued that I would question. Unless they are trading for dust just to collect it for posterity sake.

looks like it's already being traded there, I thought this was an ICO?

You could also just login to your normal NXT account on secureae and buy them that way as well.

Thanks James

these are good questions! more is a good thing
there is only so much that can be automated
ultimately the user will need to be using common sense or his privacy is lost
you can after all just post all your acct details and this is something that has no protection possible

Yes you can

https://trade.secureae.com/#15641806960898178066

Thank you.
I will be quiet now.