Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 175. (Read 736772 times)

to me I seemed unserious also evolve and evolve2 but seeing this post, I understood that james was supporting  evolve assets.

otherwise I would not have bought the assets. 

There was no dilution.
This was done without my advice, but each of the assets are for the exact same share.
Instead of 1 million assets for 25%, it is 1.4 million assets for 35%

Chris has assured me that there wont be any more changes and that I will be consulted first on anything that affects the assets.

James

What if other people are committing code to git. Will you share bonus with them? Based on lines committed or some other way?

yes, especially for the 10x, unless all the things are planned are in place it will be hard to achieve it

So it's basically like a bounty that he needs to hunt in order to implement and code new techs into the program so it grows to the stated multiplicators in order to get his bonus paid out.

Another way to look at it is, he is putting in 2000BTC to get 1000BTC worth of SuperNet assets MAX (This is including all the bonuses).

So i cannot see why anyone would be voting no....

That seems odd. Can someone else confirm? (I'm on a mobile.) They may be fake assets.

That happens with EVOLVE y CBOOKING?

It is not normal where the prices are, what I have missed any notice?

Continues the partnership with SUPERNET?

I have invested in the two asset and prices have plummeted more than 90 %.  Something has happened and I've lost.

I vote for the bonus Man, if the UNITY I bought is worth 3-10x the price I bought it for, I am more than happy for you to take a 5-10% reward! Especially since you are DONATING 2000 BTC worth of your own PERSONAL NXT assets to the fund! Take the bonus!!  

So, about the vote and the bonus.  Going to phrase it a bit differently and ask James to confirm my logic.

As I understand it, we are essentially voting on whether or not to use 10% of the assets collected from the IPO to reward SuperNET holders in two separate 5% increments as described in James' post.  I assume this bonus is meant as encouragement to hold the UNITY asset and work towards total NAV growth.  A bit of back of the envelope math.  Someone please correct me if this is way off:

If we are looking at approx 500k UNITY at around .01 btc each should give a the SuperNET asset a total value of around 5000 BTC.  5% of this would be 250BTC.  If we assume asset value is the same as today when the bonus is paid that's .0005 BTC per UNITY share (250/500k).  If we assume that the asset value is 3x what it is today when the bonus is paid in early 2015 (not totally unreasonable since the UNITY price would need to have tripled for us to get paid) then that's .0015 per UNITY.  Likewise in 2016, if we assume the assets are worth 10x, that's .005 BTC per UNITY.

So, if we assume both bonus payouts are triggered, the total payout would likely be between .001 (10% of current asset value) and .0065 (10% of an asset value that is worth 3x and then 10x more than today).

So for every 1000 UNITY, the total bonus payout if both goals are hit could be between 1 and 6.5 BTC.  Definitely good encourage to HODL and work towards adding value to the ecosystem.

So, about the vote and the bonus.  Going to phrase it a bit differently and ask James to confirm my logic.

As I understand it, we are essentially voting on whether or not to use 10% of the assets collected from the IPO to reward SuperNET holders in two separate 5% increments as described in James' post.  I assume this bonus is meant as encouragement to hold the UNITY asset and work towards total NAV growth.  A bit of back of the envelope math.  Someone please correct me if this is way off:

If we are looking at approx 500k UNITY at around .01 btc each should give a the SuperNET asset a total value of around 5000 BTC.  5% of this would be 250BTC.  If we assume asset value is the same as today when the bonus is paid that's .0005 BTC per UNITY share (250/500k).  If we assume that the asset value is 3x what it is today when the bonus is paid in early 2015 (not totally unreasonable since the UNITY price would need to have tripled for us to get paid) then that's .0015 per UNITY.  Likewise in 2016, if we assume the assets are worth 10x, that's .005 BTC per UNITY.

So, if we assume both bonus payouts are triggered, the total payout would likely be between .001 (10% of current asset value) and .0065 (10% of an asset value that is worth 3x and then 10x more than today).

So for every 1000 UNITY, the total bonus payout if both goals are hit could be between 1 and 6.5 BTC.  Definitely good encourage to HODL and work towards adding value to the ecosystem.

We need a treasurer to track the spending of the 1%, calculating TOKEN NAV and placing buywalls and in general making reports on the various SuperNET accts.

I nominate noashh for this. He has proven his dedication to SuperNET and my other projects over these months and I have trusted him with significant funds. Not quite as much as the 3% would be, but I will vouch for his trustworthiness and in the unlikely event he disappears with the funds I will repay SuperNET from my personal funds.

If there is anybody else that wants to be treasurer, plz post your application.

James

P.S. The 3% is the 1% discretionary fund, 1% BTC NAV buywall on bter and 1% NXT NAV buywall on NXT AE.