Author

Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 201. (Read 736808 times)

legendary
Activity: 2156
Merit: 1070
how can it be 2 coins like btcd and boolberry in supernetwork? how can we access supernetwork, is it finished? is it finished how can we see that btcd and boolberry is now in supernetwork? where do we go to see that with our eyes?

Boolberry is not growing at the same speed as btcd, btcd is growing steadily and Boolberry is getting smaller steadily how is that, I thought the queen coin of the supernetwork as btcd will look after their babies and given milk to grow up, why boolberry is getting little by little smaller? and it seems strange than Bitmark  is not part of the supernetwork only cooperating and it has more than double its price. Does this not influence other coins to join  supernetwork seen how boolberry is not growing as we all expected? What is happening to boolberry...btcd is growing but his younger brother seems not to have attention from its parents

Boolberry is doing fine. People obviously got very excited when word got out that they would be part of the superNET. Since BBR currently has the strongest anon tech in crypto I would expect demand to increase when people are able to use the superNET to send BBR.

It's still up hundreds of percent recently. If you ended up buying in at the top of the current cycle that's unfortunate but I wouldn't worry about it too much.

A lot of people still don't know about BBR despite it having upgraded anonymity compared to other CN based coins: http://www.slideshare.net/boolberry/boolberry-solves-cryptonoteflaws-37055246

So maybe people here should consider doing some projects that will help raise awareness and usage among people who are interested in using anonymous cryptocurrencies.

Thanks for posting this!  BBR is currently getting ready to launch a new community outreach and marketing program. The community is getting organized and Zoidberg is in complete support and ready to help in any way.

If you are interested in being an active part - even a small part - of the BBR community please PM me for more details.

A lot of exciting news in the works, including a potential rebranding of BBR to make it even more attractive.

Again, if any of you have any interest in being a part of this community, let me know.

Jon
full member
Activity: 237
Merit: 100
Boolberry is not growing at the same speed as btcd, btcd is growing steadily and Boolberry is getting smaller steadily how is that, I thought the queen coin of the supernetwork as btcd will look after their babies and given milk to grow up, why boolberry is getting little by little smaller? and it seems strange than Bitmark  is not part of the supernetwork only cooperating and it has more than double its price. Does this not influence other coins to join  supernetwork seen how boolberry is not growing as we all expected? What is happening to boolberry...btcd is growing but his younger brother seems not to have attention from its parents

Boolberry has had a 5fold increase in the last 2 weeks and you are complaining that it's not enough!!! Only in crypto.
legendary
Activity: 1764
Merit: 1031
I'd echo the comments on bbr. SuperNET hasn't even launched yet!
Just the developments of the last few days reassure me that SuperNET will be a real powerhouse of linked coins and services that will benefit all involved.

Is there somewhere we can suggest features for the SuperWallet? There are a couple of minor ones I'd like to see.
legendary
Activity: 826
Merit: 1002
amarha
how can it be 2 coins like btcd and boolberry in supernetwork? how can we access supernetwork, is it finished? is it finished how can we see that btcd and boolberry is now in supernetwork? where do we go to see that with our eyes?

Boolberry is not growing at the same speed as btcd, btcd is growing steadily and Boolberry is getting smaller steadily how is that, I thought the queen coin of the supernetwork as btcd will look after their babies and given milk to grow up, why boolberry is getting little by little smaller? and it seems strange than Bitmark  is not part of the supernetwork only cooperating and it has more than double its price. Does this not influence other coins to join  supernetwork seen how boolberry is not growing as we all expected? What is happening to boolberry...btcd is growing but his younger brother seems not to have attention from its parents

Boolberry is doing fine. People obviously got very excited when word got out that they would be part of the superNET. Since BBR currently has the strongest anon tech in crypto I would expect demand to increase when people are able to use the superNET to send BBR.

It's still up hundreds of percent recently. If you ended up buying in at the top of the current cycle that's unfortunate but I wouldn't worry about it too much.

A lot of people still don't know about BBR despite it having upgraded anonymity compared to other CN based coins: http://www.slideshare.net/boolberry/boolberry-solves-cryptonoteflaws-37055246

So maybe people here should consider doing some projects that will help raise awareness and usage among people who are interested in using anonymous cryptocurrencies.
legendary
Activity: 961
Merit: 1000
how can it be 2 coins like btcd and boolberry in supernetwork? how can we access supernetwork, is it finished? is it finished how can we see that btcd and boolberry is now in supernetwork? where do we go to see that with our eyes?

Boolberry is not growing at the same speed as btcd, btcd is growing steadily and Boolberry is getting smaller steadily how is that, I thought the queen coin of the supernetwork as btcd will look after their babies and given milk to grow up, why boolberry is getting little by little smaller? and it seems strange than Bitmark  is not part of the supernetwork only cooperating and it has more than double its price. Does this not influence other coins to join  supernetwork seen how boolberry is not growing as we all expected? What is happening to boolberry...btcd is growing but his younger brother seems not to have attention from its parents
sr. member
Activity: 307
Merit: 250
Return to investors is from
1- dividend earnings
2- increase in the asset price

Your calculations make sense for revenue sharing, but expected asset appreciation MUST be lower now as there are more shares, but the same sized pie. Your future earnings have not changed, and future asset price will be based on expected future earnings.

Future asset appreciation will now be lower. That is common sense.
The pie is increased from 25% to 35% so any valuation of the asset would also be increased by 40%

However, I can understand how maybe some people might not like this, so I will buyback anybody's EVOLVE assets for anybody that purchased before 9/13/2014 00:14:19, which is when the first batch sold out.

I was not directly involved in either of these assets, but I dont want anybody to feel they got diluted by what Chris did. He just wanted more people to get his asset and lowered his share of revenues to accomodate.

So if you are unhappy about this, please PM your txid for EVOLVE that your purchased before it sold out. I will personally refund what you paid in exchange for the EVOLVE assets so you wont suffer from any perceived dilution.

My offer is good for 24 hours.

James

Thanks for the offer James, but I'm good, for my small investment!

On principle I always feel better when the business I'm investing in is delaying present returns for increased future returns. It's a bit like the delayed gratification marshmallow test psychologists do on kids (one marshmallow now, or two if you can wait 15 minutes). Most toddlers prefer one now and can't wait, but once kids get to about 4-5 many can make a rational decision that delayed gratification for 15 minutes doubles their return.

My first impression was the EVOLVE guys were choosing to cash out 10% of all future profits from their business for another 240K NXT of immediate gratification, which looked like a bad move for someone digging in for the long haul. If that decision was truly motivated by a desire to let more latecomers get the initial price, then that's a different story then, and I accept that.

Actually, coinevolve is able to operate at 37.5% of revenues and offered me the same percentage, but I felt it was too much to accept for a long term stable deal. In business I find it is best to make sure the deal is balanced, even if the imbalance is in my favor. Otherwise in time this imbalance will create stress and even conflict, thus it is better to start out with a long term sustainable deal. Maximizing profits at every step is not the best way to maximize the long term results. It is important to make sure that all your business partners are doing well. A marketing/advertising budget of 25% is healthy but not too high, especially on the basis of conversions. At 37.5%, well, this is on the high side.

So there was 12.5% extra revenue available and when people started complaining, Chris wanted to make them happy and didnt realize the confusion that could happen. It must be noted that Chris could have easily sold the 400000 additional assets at 1.2 NXT or even higher as that was the market price at the time, but he put it on the market to match the original 0.6 NXT per asset. How many people do you know that would just give 240K NXT (~$10K USD) to investors? Actions speak louder than words.

Assets are not as easy as it looks and it is easy to not know of all possible repurcussions. The sellout of a million assets in less than 2 hours was quite unexpected, especially as I was not making a specific recommendation for it.

Anyway, all is well now. Now Chris has enough capital to keep improving the websites and probably will be an active user of his own jobs site!

James



You make many good points James, and it is far easier to be an armchair critic than a participant. I can see that Chris was motivated by a desire to be fair to all the eager investors, and things happened so fast. I apologise if I sounded harsh earlier. The "jl777 effect" can have many unexpected consequences for everyone, even armchair investors! I wish Chris and coinevolve all the best for the future!
legendary
Activity: 1176
Merit: 1134
I see people come here from time to time to talk about other coins to join supernetwork, I think its not a good idea as soon this will be full of people talking about other coins because thyey have big money invested and want more money if they join supernet, It would be a good idea instead to create another thread where people talk about their coins and what unique feature they have to join supernetwork but in a different thread not in this one. Perhaps there is one already and I don't know Smiley I think people would like to know which coins will join supernet before so they can buy in advanced and make profit.

Hello, thank you for your idea Smiley The official way to join supernet core is that the coin developers contact [email protected]. Those people who think coin xyz should go into the core should contact the devs of that coin and ask them to send a mail to that address.

Announcements on which coins will go into the supernet core will be sent via the newsletter at http://thesupernet.org first.

Thank noashh for those links, I have registered, I want to be up to date as reading every page of the forum some times is impossible as work, studying etc so it very handy to receive updates via email. Also noashh I see your signature in the welcome email once I registered, Please can you introduce yourself if you have done it already please can you let me know which page of this forum thread its, as I see now you are like a spoken for supernetwork and like to know what your involvement is so we can talk more to you and ask questions and give more time to James to do others things when asking questions.

Now this is another question, now we know supernetwork is like a motorway or a galaxy. Ok A galaxy is full of plannets , stars, satelites, meteorits etc, lets say BTCD is the core coin, The sun. and the other coins the planets. As this is a Galaxy you will find all kind of materials, things apart to the ones I mention, my question is what kind of material, thing, plannet, start will be jl777hodl , I don't believe you will leave this out of the supernetwork as it has your initials and will find really silly to leave out jl777hodl , so tell us what will be jl777hodl  is any in this supernetwork, galaxy, motorway....will be traffic lights, traffic signs, the houses along the motorway..what exactly

JLH will have portions of as many of the different assets as I can put in there. The NXTventure deals are structured with a 10% going to JLH, so it got 10% of Atomic just today and will get the 10% of the Privatebet deals when possible. I think it is up to around 30 different assets now, quite a broad selection.

The purpose of JLH is so you can make a single investment that covers the general crypto asset universe. So, in the galaxy analogy, it is like the miniature galaxy from MenInBlack movie that was on the collar of the cat. Not exact analogy, but a scale model of the SuperNET galaxy with some extras added, but without the coins.

James
legendary
Activity: 1176
Merit: 1134
Return to investors is from
1- dividend earnings
2- increase in the asset price

Your calculations make sense for revenue sharing, but expected asset appreciation MUST be lower now as there are more shares, but the same sized pie. Your future earnings have not changed, and future asset price will be based on expected future earnings.

Future asset appreciation will now be lower. That is common sense.
The pie is increased from 25% to 35% so any valuation of the asset would also be increased by 40%

However, I can understand how maybe some people might not like this, so I will buyback anybody's EVOLVE assets for anybody that purchased before 9/13/2014 00:14:19, which is when the first batch sold out.

I was not directly involved in either of these assets, but I dont want anybody to feel they got diluted by what Chris did. He just wanted more people to get his asset and lowered his share of revenues to accomodate.

So if you are unhappy about this, please PM your txid for EVOLVE that your purchased before it sold out. I will personally refund what you paid in exchange for the EVOLVE assets so you wont suffer from any perceived dilution.

My offer is good for 24 hours.

James

Thanks for the offer James, but I'm good, for my small investment!

On principle I always feel better when the business I'm investing in is delaying present returns for increased future returns. It's a bit like the delayed gratification marshmallow test psychologists do on kids (one marshmallow now, or two if you can wait 15 minutes). Most toddlers prefer one now and can't wait, but once kids get to about 4-5 many can make a rational decision that delayed gratification for 15 minutes doubles their return.

My first impression was the EVOLVE guys were choosing to cash out 10% of all future profits from their business for another 240K NXT of immediate gratification, which looked like a bad move for someone digging in for the long haul. If that decision was truly motivated by a desire to let more latecomers get the initial price, then that's a different story then, and I accept that.

Actually, coinevolve is able to operate at 37.5% of revenues and offered me the same percentage, but I felt it was too much to accept for a long term stable deal. In business I find it is best to make sure the deal is balanced, even if the imbalance is in my favor. Otherwise in time this imbalance will create stress and even conflict, thus it is better to start out with a long term sustainable deal. Maximizing profits at every step is not the best way to maximize the long term results. It is important to make sure that all your business partners are doing well. A marketing/advertising budget of 25% is healthy but not too high, especially on the basis of conversions. At 37.5%, well, this is on the high side.

So there was 12.5% extra revenue available and when people started complaining, Chris wanted to make them happy and didnt realize the confusion that could happen. It must be noted that Chris could have easily sold the 400000 additional assets at 1.2 NXT or even higher as that was the market price at the time, but he put it on the market to match the original 0.6 NXT per asset. How many people do you know that would just give 240K NXT (~$10K USD) to investors? Actions speak louder than words.

Assets are not as easy as it looks and it is easy to not know of all possible repurcussions. The sellout of a million assets in less than 2 hours was quite unexpected, especially as I was not making a specific recommendation for it.

Anyway, all is well now. Now Chris has enough capital to keep improving the websites and probably will be an active user of his own jobs site!

James

legendary
Activity: 961
Merit: 1000
I see people come here from time to time to talk about other coins to join supernetwork, I think its not a good idea as soon this will be full of people talking about other coins because thyey have big money invested and want more money if they join supernet, It would be a good idea instead to create another thread where people talk about their coins and what unique feature they have to join supernetwork but in a different thread not in this one. Perhaps there is one already and I don't know Smiley I think people would like to know which coins will join supernet before so they can buy in advanced and make profit.

Hello, thank you for your idea Smiley The official way to join supernet core is that the coin developers contact [email protected]. Those people who think coin xyz should go into the core should contact the devs of that coin and ask them to send a mail to that address.

Announcements on which coins will go into the supernet core will be sent via the newsletter at http://thesupernet.org first.

Thank noashh for those links, I have registered, I want to be up to date as reading every page of the forum some times is impossible as work, studying etc so it very handy to receive updates via email. Also noashh I see your signature in the welcome email once I registered, Please can you introduce yourself if you have done it already please can you let me know which page of this forum thread its, as I see now you are like a spoken for supernetwork and like to know what your involvement is so we can talk more to you and ask questions and give more time to James to do others things when asking questions.

Now this is another question, now we know supernetwork is like a motorway or a galaxy. Ok A galaxy is full of plannets , stars, satelites, meteorits etc, lets say BTCD is the core coin, The Sun. and the other coins the planets. As this is a Galaxy you will find all kind of materials, things apart to the ones I mentioned alrteady, my question is what kind of material, thing, plannet, start will be jl777hodl , I don't believe you will leave this out of the supernetwork as it has your initials and will find really silly to leave  jl777hodl out of the supernetwork , so tell us what will be jl777hodl  if any in this supernetwork, galaxy, motorway....will be traffic lights, traffic signs, the houses along the motorway..what exactly
sr. member
Activity: 307
Merit: 250
Return to investors is from
1- dividend earnings
2- increase in the asset price

Your calculations make sense for revenue sharing, but expected asset appreciation MUST be lower now as there are more shares, but the same sized pie. Your future earnings have not changed, and future asset price will be based on expected future earnings.

Future asset appreciation will now be lower. That is common sense.
The pie is increased from 25% to 35% so any valuation of the asset would also be increased by 40%

However, I can understand how maybe some people might not like this, so I will buyback anybody's EVOLVE assets for anybody that purchased before 9/13/2014 00:14:19, which is when the first batch sold out.

I was not directly involved in either of these assets, but I dont want anybody to feel they got diluted by what Chris did. He just wanted more people to get his asset and lowered his share of revenues to accomodate.

So if you are unhappy about this, please PM your txid for EVOLVE that your purchased before it sold out. I will personally refund what you paid in exchange for the EVOLVE assets so you wont suffer from any perceived dilution.

My offer is good for 24 hours.

James

Thanks for the offer James, but I'm good, for my small investment!

On principle I always feel better when the business I'm investing in is delaying present returns for increased future returns. It's a bit like the delayed gratification marshmallow test psychologists do on kids (one marshmallow now, or two if you can wait 15 minutes). Most toddlers prefer one now and can't wait, but once kids get to about 4-5 many can make a rational decision that delayed gratification for 15 minutes doubles their return.

My first impression was the EVOLVE guys were choosing to cash out 10% of all future profits from their business for another 240K NXT of immediate gratification, which looked like a bad move for someone digging in for the long haul. If that decision was truly motivated by a desire to let more latecomers get the initial price, then that's a different story then, and I accept that.
legendary
Activity: 1176
Merit: 1134
Return to investors is from
1- dividend earnings
2- increase in the asset price

Your calculations make sense for revenue sharing, but expected asset appreciation MUST be lower now as there are more shares, but the same sized pie. Your future earnings have not changed, and future asset price will be based on expected future earnings.

Future asset appreciation will now be lower. That is common sense.
The pie is increased from 25% to 35% so any valuation of the asset would also be increased by 40%

However, I can understand how maybe some people might not like this, so I will buyback anybody's EVOLVE assets for anybody that purchased before block 233402, which is when the first batch sold out.

I was not directly involved in either of these assets, but I dont want anybody to feel they got diluted by what Chris did. He just wanted more people to get his asset and lowered his share of revenues to accomodate.

So if you are unhappy about this, please PM your txid for EVOLVE that your purchased before it sold out. I will personally refund what you paid in exchange for the EVOLVE assets so you wont suffer from any perceived dilution.

My offer is good for 24 hours.

James
sr. member
Activity: 307
Merit: 250

Yep, it is hard to have a balance.
I felt somehow bad for the ones who missed the price because the "whales" bought everything so fast.

Chris

Chris,

just don't create evolve3, because evolve2 is all bought up too already, let the market carry on from here Cheesy


No more, I was scolded already  Cheesy
Not touching it again!

I should get some sleep for a bit and back to work. New project coming live very soon.

CoinExplorer.net - online directory for cryptocurrency related businesses, helps you find the nearest place to buy pizza for 20k BTC

Previews:

Homepage preview - http://coinevolve.com/previews/homepage.png
Search on map (box stype) preview - http://coinevolve.com/previews/map-explorer-box.png
Search on map (full) preview - http://coinevolve.com/previews/map-explorer-wide.png
Account dashboard preview - http://coinevolve.com/previews/account-dashboard.png
Write a review preview - http://coinevolve.com/previews/add-review.png

Chris



Absolutely incredible that you diluted the stake of the original investors ... madness ... this is a serious industry guys, with serious money!
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

Ok, even if revenue per share is the same I still think asset appreciation will suffer, but I'll stop whining now. Perception problem
sr. member
Activity: 307
Merit: 250

Yep, it is hard to have a balance.
I felt somehow bad for the ones who missed the price because the "whales" bought everything so fast.

Chris

Chris,

just don't create evolve3, because evolve2 is all bought up too already, let the market carry on from here Cheesy


No more, I was scolded already  Cheesy
Not touching it again!

I should get some sleep for a bit and back to work. New project coming live very soon.

CoinExplorer.net - online directory for cryptocurrency related businesses, helps you find the nearest place to buy pizza for 20k BTC

Previews:

Homepage preview - http://coinevolve.com/previews/homepage.png
Search on map (box stype) preview - http://coinevolve.com/previews/map-explorer-box.png
Search on map (full) preview - http://coinevolve.com/previews/map-explorer-wide.png
Account dashboard preview - http://coinevolve.com/previews/account-dashboard.png
Write a review preview - http://coinevolve.com/previews/add-review.png

Chris



Absolutely incredible that you diluted the stake of the original investors ... madness ... this is a serious industry guys, with serious money!

Please use some math before posting nonsense.
Value per shares remains unchanged: 0.000025% per share.

CoinEvolve share have been reduced from 50% to 40%.
Nothing changes for investors

Chris


Return to investors is from
1- dividend earnings
2- increase in the asset price

Your calculations make sense for revenue sharing, but expected asset appreciation MUST be lower now as there are more shares, but the same sized pie. Your future earnings have not changed, and future asset price will be based on expected future earnings.

Future asset appreciation will now be lower. That is common sense.
legendary
Activity: 1176
Merit: 1134

Yep, it is hard to have a balance.
I felt somehow bad for the ones who missed the price because the "whales" bought everything so fast.

Chris

Chris,

just don't create evolve3, because evolve2 is all bought up too already, let the market carry on from here Cheesy


No more, I was scolded already  Cheesy
Not touching it again!

I should get some sleep for a bit and back to work. New project coming live very soon.

CoinExplorer.net - online directory for cryptocurrency related businesses, helps you find the nearest place to buy pizza for 20k BTC

Previews:

Homepage preview - http://coinevolve.com/previews/homepage.png
Search on map (box stype) preview - http://coinevolve.com/previews/map-explorer-box.png
Search on map (full) preview - http://coinevolve.com/previews/map-explorer-wide.png
Account dashboard preview - http://coinevolve.com/previews/account-dashboard.png
Write a review preview - http://coinevolve.com/previews/add-review.png

Chris



Absolutely incredible that you diluted the stake of the original investors ... madness ... this is a serious industry guys, with serious money!
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
sr. member
Activity: 307
Merit: 250

Yep, it is hard to have a balance.
I felt somehow bad for the ones who missed the price because the "whales" bought everything so fast.

Chris

Chris,

just don't create evolve3, because evolve2 is all bought up too already, let the market carry on from here Cheesy


No more, I was scolded already  Cheesy
Not touching it again!

I should get some sleep for a bit and back to work. New project coming live very soon.

CoinExplorer.net - online directory for cryptocurrency related businesses, helps you find the nearest place to buy pizza for 20k BTC

Previews:

Homepage preview - http://coinevolve.com/previews/homepage.png
Search on map (box stype) preview - http://coinevolve.com/previews/map-explorer-box.png
Search on map (full) preview - http://coinevolve.com/previews/map-explorer-wide.png
Account dashboard preview - http://coinevolve.com/previews/account-dashboard.png
Write a review preview - http://coinevolve.com/previews/add-review.png

Chris



Absolutely incredible that you diluted the stake of the original investors ... madness ... this is a serious industry guys, with serious money!
newbie
Activity: 56
Merit: 0

Yep, it is hard to have a balance.
I felt somehow bad for the ones who missed the price because the "whales" bought everything so fast.

Chris

Chris,

just don't create evolve3, because evolve2 is all bought up too already, let the market carry on from here Cheesy


No more, I was scolded already  Cheesy
Not touching it again!

I should get some sleep for a bit and back to work. New project coming live very soon.

CoinExplorer.net - online directory for cryptocurrency related businesses, helps you find the nearest place to buy pizza for 20k BTC

Previews:

Homepage preview - http://coinevolve.com/previews/homepage.png
Search on map (box stype) preview - http://coinevolve.com/previews/map-explorer-box.png
Search on map (full) preview - http://coinevolve.com/previews/map-explorer-wide.png
Account dashboard preview - http://coinevolve.com/previews/account-dashboard.png
Write a review preview - http://coinevolve.com/previews/add-review.png

Chris

sr. member
Activity: 336
Merit: 260

Yep, it is hard to have a balance.
I felt somehow bad for the ones who missed the price because the "whales" bought everything so fast.

Chris

Chris,

just don't create evolve3, because evolve2 is all bought up too already, let the market carry on from here Cheesy
legendary
Activity: 1736
Merit: 1001
Announcement!

Since James created such a hype on our EVOLVE Asset, the shares have been sold very fast.
I received PM's if there will be more shares available for sale at the original price.

I want to give a chance to latecomers too.
I'm going to sell another 10% from Net Profit.

The shares will look like this:

- CoinEvolve - 40%
- SuperNET - 25%
- EVOLVE Share holders - 25%
- EVOLVE2 Share holders (Latecomers) - 10%
---------------------------------------------------
TOTAL to investors - 35%


NXT Account: NXT-QZ23-HE3Z-69WY-FWUBN
Asset ID: 3643966800021258206
Symbol: EVOLVE2

EVOLVE2 Total Virtual Shares: 400.000 shares;
EVOLVE2 will represent: 10% from net profit;
EVOLVE2 Dividends per share: 0.000025%;
EVOLVE2 NXT Price per share: 0.6 NXT


NOTE! Asset EVOLVE and EVOLVE2 will be bound into a single asset one way or another, so don't worry for confusions on the long-term;


Thank you,
Chris - CoinEvolve.com

I really don't think that is fair to those that bought the original shares, is it?

Yep, it is hard to have a balance.
I felt somehow bad for the ones who missed the price because the "whales" bought everything so fast.

Chris



You reduced your own share to 40%? I guess that is ok. But still don't like it. I got in on the .6 price, but I'm not wale, I only bought a small amount. I think after you sold the original issue you should have let the market set the price.
newbie
Activity: 56
Merit: 0
Announcement!

Since James created such a hype on our EVOLVE Asset, the shares have been sold very fast.
I received PM's if there will be more shares available for sale at the original price.

I want to give a chance to latecomers too.
I'm going to sell another 10% from Net Profit.

The shares will look like this:

- CoinEvolve - 40%
- SuperNET - 25%
- EVOLVE Share holders - 25%
- EVOLVE2 Share holders (Latecomers) - 10%
---------------------------------------------------
TOTAL to investors - 35%


NXT Account: NXT-QZ23-HE3Z-69WY-FWUBN
Asset ID: 3643966800021258206
Symbol: EVOLVE2

EVOLVE2 Total Virtual Shares: 400.000 shares;
EVOLVE2 will represent: 10% from net profit;
EVOLVE2 Dividends per share: 0.000025%;
EVOLVE2 NXT Price per share: 0.6 NXT


NOTE! Asset EVOLVE and EVOLVE2 will be bound into a single asset one way or another, so don't worry for confusions on the long-term;


Thank you,
Chris - CoinEvolve.com

I really don't think that is fair to those that bought the original shares, is it?

Yep, it is hard to have a balance.
I felt somehow bad for the ones who missed the price because the "whales" bought everything so fast.

Chris

legendary
Activity: 1736
Merit: 1001
The asset is priced at a fixed BTC cost. The NXT price is adjusted based on the NXT/BTC ratio. NXT has gained about 30% since the IPO started.

So, the price is actually higher in BTC, and goes up a bit each day.

Thanks for the explanation, that makes sense.

The "loss" is for us, many of us, who used (and always planned to use) NXT already in our NRS to buy tokens.

For the amount of TOKENS I purchased on day one, I could have purchased an additional 10% TOKENS today! Damn!!!  Sad Angry

It is a loss in NXT but not in BTC or Fiat. Investing in such volatile markets isn't without risk.
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