Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 208. (Read 736808 times)

[Dividend Announcement]

NXTventure will offer a 1:10 Privatebet dividend after the close of SuperNET funding. The ex-dividend block will be as of the close of the funding. Assetholders of record that block will receive the dividend.

For every 10 NXTventure assets you own, 1 Privatebet asset will be sent as a dividended. I believe this will set the record for the value of a dividend by a cryptoasset, as it is ~6 million NXT market value as I write this, or ~$240,000 USD

James

shit sorry.. didnt mean to twist your words..

*cof* check nemstake price *ahem*...

holy crap...

Plz do not be turning my "no specific recommendation" into "nem is a good buy"


I buy a lot of things, not all do well.

When I make a recommendation, I want it to have meaning. My track record so far is not so bad and I intend to continue this as I know a lot of people are listening for my recommendation.

I repeat, I am making no specific recommendation for NEMstake. I did make a specific recommendation via the SuperNET newsletter earlier today and I am glad peoples are following the advice to be patient and wait for the good prices.

James

P.S. For example, I have significant amount of NAS, NTX, N2 and FIM too, but I am also not making any specific recommendation for them.

thats sounds like a "nem is a good buy" type of comment.. and i think everyone knows what happens when you post those types of comments

James silently(not really) accumulates NEM for sharks

hhmm.. i think i remember the discussion.. if i remember correctly im not sure i see how it solves the issue..  

could you go into more detail perhaps via pm?

the ico will still be open till tomorrow right? think il buy a healthy amount of TOKEN.

The transfers, they are done:

15720904723604126361
13969817255360149927   
616709295133043647

Now the SuperNET account has the core assets as described and it will thus get 24.15% of the dividends that these core assets will generate. I feel a happy balance.

http://nxtreporting.com/?a=NXT-MRBN-8DFH-PFMK-A4DBM&c=USD shows the SuperNET account
It currently has 23.5 million NXT (which I still have not run away with) and 26.3 million NXT worth of the core assets.

Let us calculate the TOKEN NAV and SuperNET NAV, the latter using core assets and assuming full 20% dilution.

2014-09-11-14:00:03-GMT SOLD 211012.56580535 TOKEN

928.44400974 BTC, 8955179.34129586 NXT, 18107.41954836 BTCD, 604418.27454791 CNY
NXT AE 23495504.342392 NXT for 187039 TOKEN

Total TOKEN: 398051.56580535
BTC 928.44400974
NXT 32450683.68368786 * .000085 = 2758.30811311 BTC
BTCD 18107.41954836 * 0.01398860 = 253.29744909 BTC
CNY 604418.27454791 @ 2930 = 206.2861 BTC
BTC equiv = 4146.33567247

TOKEN NAV = 0.01041658 BTC

If the UNITY trading is active, there would now be a 50 BTC buywall at 0.01041658 BTC

Now let us adjust this for the value of the core assets, the following I just cut and paste from the GUI:
InstantDEX   241'485   1'000'000   24.15%   48.98   45   10'866'825   
NXTcoinsco   241'485   1'000'000   24.15%   26.98        25   6'037'125
NXTprivacy   241'485   1'000'000   24.15%   43.9989   39   9'418'180
Total 26322130 NXT * .000085 = 2237.38105 BTC

Now we assume the "worst case" dilution where both bonuses are earned, which would mean there are a total of 497564.4573 SuperNET assets. You can check the math, 80% of this number is matching the number of TOKEN.

SuperNET NAV = (4146.33567247 + 2237.38105) / 497564.4573 = (6383.71672247 / 497564.4573) = 0.01282993 BTC

This is a 23% premium over the TOKEN NAV, even when using the 20% dilution.

I hope these calculations make it clearer how all this works

James