Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 206. (Read 736808 times)

What I am saying is WHY are you taking the marketcap AWAY from the coin you like most and throwing it into a supernet stock that represents something it has no way  / means to enforce. 

right then... so you need to ask - what athority and governing does supernet have over quality control?  if supernet says "YOU cant do this"  does the coin within stop doin it?      sounds to my like jl7777 has absolute NO authority over anything within.  No power..  Only promises ... promises it cant enforce

@bitcad4u,
my idea is SuperNET just gives you exposure to different coins and technologies it is going to incorporate without having to research and own them. You basically buy the index fund of SuperNET and let others worry about making it profitable. Which has its pros and cons. I wouldn't invest a whole bunch, but staying out of it could be missing an opportunity.

as i said, the exchange is decentralized which is a huge difference, at least to me.

and ofc bitcoin "embraces" the other coins, but supernet is planning to add coins with real potential, which basically gives you a prefiltering of coins.

i see it a little bit like a big physical fruit market, where everyone who wants to enter needs to meet certain quality standards.
also if anyone finds a new method to store fruit better or enhance something etc... they share it among the other fruit sellers.
people who shop on the market can be sure to not buy complete crap and they can choose if the want apples, oranges,...

the ones who organize the market and take care of the quality control etc. take a little of the profit for doing so.

please dont judge me on details...

You can transfer between the coins?  Bitcoin already allows this.. you can transfer any coin into bitcoin and back out to any other coin via any exchange (no) ? Why do we need a supernet (stock)  which is jsut a Nxt stock... to do this?  Bitcoin already is the supernet embracing all the other coins.   The dectenralized exchange built within some of the alt coins could be used already regardless if a coins part of supernet or not...  (again not trolling , but really where is the benefit in INVESTNG in supernet?)

@bitcad4u,
my idea is SuperNET just gives you exposure to different coins and technologies it is going to incorporate without having to research and own them. You basically buy the index fund of SuperNET and let others worry about making it profitable. Which has its pros and cons. I wouldn't invest a whole bunch, but staying out of it could be missing an opportunity.

Price of NXt has been rising so this is reflected in the exchange price.

Why did the price go down to 121Nxt for a token?

Good questions.

I think the best way to look at it is to exagerate for a minute the difference between ford, toyta, and gm.  say toyota makes mainly commuter economy cars, ford is more the go to company for heavy trucks, whereas gm aims more at family cars.

It makes way more sense for these companies to begin sharing distribution, economies of scale, trade representatives to foreign countries etc, all the while not trying to become like one another. They can share a salesroom in Germany, and have a car model for every buyer.

Today's crypto situation is analogous. Some coins have a mini blockchain. Others are great at sms anon. Others aim at being 'real world' coins with publically known staff, etc.

One of the functions of the supernet is to establish a network effect among these  coins without the coins giving up their own identities.  In addition,participating coins gain the benefits of the network - anon coins may pick up a fiat gateway. Fiat friendly coins can have access to anon teleporting for certain transactions. All coins benefit by being able to move effortlessly from one blockchain to another. Like the federal highway program. Etc. etc.

Better than the auto industry might be socio political examples,like the EU, or robber baron examples, like the steel industry gaining power over politicians by working together. Or even crime cartels, who have no love for each other but find it quite profitable to work together.

I am sure others can give better examples than these.