Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 203. (Read 736808 times)

This deal is a revenue sharing deal. SuperNET did not make an investment for this, but a revenue share agreement.

CoinEvolve will get placement in the SuperNET GUI and the traffic from the SuperNET users that want their services. As a startup, marketing costs are quite significant and this gets a partner for coinevolve that has a vested interest in their success.

Now, coinevolve has an asset in NXT that is having the same amount, 25% of revenues, that SuperNET is getting. So if the marketprice for this asset is at the offering price, SuperNET just gained 600K NXT of asset NAV from this deal. coinevolve has gained a source of high quality traffic that only costs them if it generates revenues.

For those that have experience in getting website traffic, you know how expensive it is just to get qualified clicks. Let alone the cost per conversion. For those that dont know how difficult it is to get cost effective internet advertising, then maybe this doesnt make sense, but hopefully some people with such experiences can speak about the value of such a thing.

I hope that my doing these deals is demonstrating the potential of SuperNET as an advertising engine and a way that SuperNET is able to gain marketcap while providing a valuable service to websites and most importantly to users

James

Right, the agreement didn't list any consideration.

Will superNET get CoinEvolve assets, and or will CoinEvolve get superNet assets. Will supernet be buying CoinEvolve assets? As much as lawyers seem to make things complicated, it is because they want to cover all the bases.

Does this mean SuperNET is buying a stake in CoinEvolve?

What does CoinEvolve get from this partnership, exactly?

[Affiliate website announcement]


In addition to coinomat and bter, there is now coinevolve that is a SuperNET affiliated website. coinevolve has the distinction of being the first to formalize an agreement with SuperNET using the blockchain. With the length limited to 1000 bytes, all such agreements must be limited to the key details and in plain language. Since I am the anti-lawyer, I hope to set a precedent for such things and eliminate the need for expensive lawyers.

Since it is impossible to predict the future it seems nonsensical to try to define all possible things and the consequences in some 100 page legal contract. This of course is making thousands of dollars for the lawyers, but even Shakespeare had some dislike for the lawyers and that was a long time ago. Things have gotten much worse since then.

Conflict resolution via common sense, honor and integrity. This is the solution. If something happens that is not expected then both parties should simply do their best to solve things by protecting the customers first, then doing what it takes to make things right. This is not about maximizing the profits to every last penny, but rather to treat customers and partners with respect and to do the right thing.

What good is money if we lose our humanity in the process of getting it?

coinevolve is just releasing their websites and will soon be describing the services they offer. Since it is brand new, there is no history to review. Please check them out and if you are liking them, then of course using them will be helping the SuperNET revenues and is much appreciated.

James


#### NXT txids 15848599680609807050 and 7353229586813478826 form the agreement between coinevolve and SuperNET.

Partnership Agreement,

Thie Partnership Agreement is made between CoinEvolve.com and SuperNET;
Now it is Agreed by and between the parties that:

1. CoinEvolve.com will receive 50% from NET PROFIT generated from all services developed under CoinEvolve umbrella;
2. SuperNET will receive 25% from NET PROFIT generated from all services developed under CoinEvolve umbrella;
3. EVOLVE Share (NXT AE) holders will receive 25% from NET PROFIT generated from all services developed under CoinEvolve umbrella;
4. EVOLVE Share holders will receive Dividends at the end of each month in NXT;

Some multiplier of NAV or adjusted NAV
this is the entire question at hand
estimates are 2.5x NAV is needed for top10, but since top10 is a moving target, actual multiplier is not known

Just a short explanation for those of you how are new to Fairlay. Fairlay is a prediction market where user can predict on the outcome of events. The willingness of user to predict on or against an event can result in a pretty good forecast of events, have a look at: https://www.fairlay.com/event/category/bitcoin/altcoins/

To make it concrete: if you want to predict on SuperNet click on one of the events. Choose "yes" and fill in a odds. Odds are the multiplier. If you choose 3.5 that means you would get 3.5 your money back (if you are right). If you place 1 BTC and you win you will get back 3.5 (minus 2% fee on the netwinning of 2.5). However, you need to find someone taking the other site of the bet. That is why we have "suggest odds". They result from the current order book of this event. We have a "covert" suggested odd. Under this condition someone else is already willing to offer a bet. If you place a bet with this odds it will be directly matched. If you choose the "open odds" you basically make a new offer. It is basically like buying at market price or placing a buy-offer and waiting for it to be cleared.

You find the full order book under "show additional information". If trading starts a graph will appear as well.
Some might find the "advanced form" easier - there is also a "help me" button that will guide you through the process.


Finally a explanation how we came up with the percentages from the odds. There is a direct conversion possible between the odds and the percentage. Lets say you prediction on the coinflip. The percentage is 50%, 50% thus you want to have 2 times your money back if it should be fair. Thus odds of to convert to 50%/50%. If you bet on a dice roll and bet on 6 your winning chance is 1/6 = 16,66%. You would like to have odds of 6. The formula is 1/odds  = percentage. That is the way we calculate the likelihood of an event based on the odds people are willing to predict on it.

All this talk about making bets, well not sure if that was the cause, but now you can make money based on your ability to predict the outcome of the SuperNET!

https://www.fairlay.com/predict/registered/new/supernet-in-top-10-of-coinmarketcap/
https://www.fairlay.com/predict/registered/new/supernet-in-top-5-of-coinmarketcap-before-2016/

These two events are quite close to the performance triggers and fairlay was kind enough to model the prediction to match them fairly closely.

So, if you are sure that SuperNET is not any good, then you can make a lot of money just by betting against it.

James

Are you from another planet, by chance?

I am a recluse now and only leave the bunker when it is time for the relocation, so the buses they are not a danger

Teleport for the assets will be possible, but not at first, it requires some extra work

As soon as we are getting the Phasing implemented, then the NXT will be able to use the whole Trustee escrow process like the BTC. I believe we are not so far from this, so I just need to stay alive for just a little while longer. There are already some basic contingency plans in place, but it is safer for the details to be not public

James

The tradebots are already supporting API for the major exchanges, so yes of course arbitrage is possible even if they are not integrated into the SuperNET GUI

I hear there is quite a list so far.

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 I think people would like to know which coins will join supernet before so they can buy in advanced and make profit.

Assuming several exchanges join supernet
Does this mean that the supernet can be an easy way to arbitrage between exchanges?

This is getting more exciting every day 
2 questions:
Will you be able to Teleport (some?) assets?
Do you have an under-a-bus plan for the large NXT account, even if it's getting your wife to send the private key to a trusted party? (Ideally, you should aim not to fall under a bus, but these things don't always go to plan).

2014-09-12-14:00:01-GMT SOLD 225854.3886404 TOKEN + NXT AE TOKENS 197319

 GOT 1015.11845937 BTC, 9728369.06249495 NXT, 18125.66114836 BTCD, 614515.00937761 CNY
AE 24'745'142.67989353 NXT

Also recv 5403 VIA

That seems the common way at the moment, and it's led to hundred of coins, the vast majority of which will never be used by more than a handful of people. On the other hand, consider some features that aim to build on top of already existing infrastructure, and that have issued an asset to monetize those features. Coinomat ,(Nxtty--right now top 12 on coinmarketcap), InstantDex, Privatebet, etc.

The way these developpers try to monetize their features is by creating these coins.

we know they wont be making much if its not by creating a new coin since

who is ready to pay for such features? and how much would these feature cost.

This is the easy way for them.

Don't know anything about node, but there is already is coinomat/bter for some payment processor functionality.

Personally, I like the idea of functionality that comes without the attachment of a coin. If a feature doesn't require a coin, it'll probably be much easier for all coins to use. When a feature requires a coin, then there may need to be a trade to that coin, then maybe have to load a new blockchain to access the feature. Previously all developers who thought of cool features made a new coin and hoped to get traction on that coin based on the feature. In the future, I hope developers will forget about creating a new coin, and instead just integrate the cool feature directly into the superNET and use an asset to monetize the feature.

There are enough coins all doing similar things, and not enough new features that everyone can use.

Thank you for understanding.
One small correction, the advertisers will have control over the appearance of their advertising, SuperNET is after all in the advertising business and the advertisers are the paying customers. The customer is always right, I think is the expression.

However, I am not liking the flashing blinking annoying advertisings, so there will be some veto power over obnoxious ads. I want SuperNET to be a place where the advertisings are not noticed as adverts, because they are useful

James

These are all copycat coins with the same boring uses.

The exact same purpose that bitcoin 100 other coins are having.

I think the supernet is aiming for differents crypto concepts than the

usual, I send you coins anonymously and really fast! lol com on now if

these coins are to be chosen in the supernet im selling asap.