Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 209. (Read 736808 times)

Yes, that's what I meant. Thanks for clarifying. I would definitely vote yes.

I just noticed this thread is moved to "Marketplace"
BTT is trying to make it harder to find the SuperNET?

It is already the top 4 every viewed thread in Marketplace though

I tried to put it in the place where most people would see it, so there are no complainings later.

James

Since I'm new to NXT assets, can you please explain if my thinking is correct?
Let's say I have 100 NXTVenture assets, once the funding is over I will also get 10 Privatebet assets the next day? If yes, do I need to do something
or the bonus Privatebet assets will be transferred automatically to my account?
Do I also need to have UNITY assets for this scenario?

Sorry for my newbie question, but I am just one

For another 10 day's or so I guess.
If you remember the PMs we exchanged a while back - this very neatly solves that problem.

If you dont understand, please do not invest more than 1 BTC and this is for the support for the UNITY spirit. If you are making some money from it, then it is nice bonus. This is the thing to do if you are not understanding the SuperNET

James

Please calm!
This is due to the large number of unsold TOKEN. You must subtract out this number. Actually just add the NXT and the value of the assets that are not TOKEN

The number is only around 50 million NXT

James

The SuperNET it will be making revenues from the fees that the core assets are making, advertising revenues, shared fees with third parties. All of this becomes the SuperNET revenues. Half will go to the SuperNET assetholders using NXT dividend mechanism. This is standard for the NXT assets. The other half is for paying the overhead 10%, 20% to the coin communities according to their contribution, 5% for NXT core development and 5% to BTCD stakers. I leave 10% unallocated so I can decide how best to use it to maximize the marketcap of SuperNET. Afterall I am putting in large amount of my wealth into SuperNET and collecting no salary and have no fancy office or even any office, so certainly no company jet or any standard perks for the big executives. This is why SuperNET is able to run at 90% profit margin and still be making revenue sharing to coin communities and 50% dividend.

Now totally separate is the financial side. The SuperTraders are making the crypto portolio grow in value. Let us call this the "hard" NAV and it is this growing NAV that will be making the buywall. The 50% revenues are being paid directly to the assetholders, so the SuperNET wont have this in its portfolio. The NXTventure is making seed investments and this is making its portfolio of assets grow, eventually they will have a marketcap. So like I did the NAV calculation, the value of all the assets will create a SuperNET NAV and I expect that this will be the floor price for trading.

The NAV valuation is the one that will be quickest be growing as the SuperTraders are staffed up and ready for 7x24 trading already. Until the revenues are becoming more significant, the valuation of SuperNET will be dominated by its crypto NAV. However, once any level of monetization is achieved, I would be very surprised if the NAV valuation is more than a minority of the marketcap.

Just look at valuations of companies with rapidly growing revenues in a promising market with a good business model run efficiently. I believe SuperNET will deserve to be valued like this type of company and in these cases the book value (what you get if you sold everything the company owns) has very little value to the marketcap. Unlike most high growth tech companies SuperNET will immediately be sending out as dividends half its revenues, this is quite a bit higher than any real world company in even the most mature industries. It is much more like a partnership where all the investors are profit sharing directly, but even this analogy fails since it is 50% of revenues which will be visible on blockchain and verifiable, instead of profits which can easily be manipulated

James

No. I am getting no BTC at all. I am only getting 500 BTC worth of SuperNET asset. The BTC is for the escrow.
Please follow the money and it will be clear my intentions. I already put the assets in, without any guarantee the vote will be in my favor for the 5%+5% bonus.

I am counting on getting 20% of SuperNET when it is Top5 marketcap. Without this deal, I would be limited to 10% of SuperNET. I am risking 1500BTC worth of assets on my confidence of SuperNET future, especially now it has at least 4x the core asset revenues.

Somehow I am creating more value by giving away stuff. This is probably some sort of anomaly, but I am no economist, I am just making one step at a time to solve the problems as they arise. The lack of SuperNET core assets was a problem that prevented me from concentrating on coding, so I solved it and I believe in a win/win manner

James

Warren Buffet would smack you.

“Never invest in a business you cannot understand.”

Nice, the superNET asset account is currently worth, without the BTC/BTCD/NXT invested (at bter) 7'437million NXT or about $461million USD. This has got to be the largest single crypto account around.

I'm so excited for this asset. I'd love to put more in, but gotta respect my monthly crypto investment budget and diversification rules.

The 5% bonus for NXT is not enough to create any constant buying pressure as the bid/ask spread is probably half that. Maybe some initial boost, but then it costs more to go BTC -> NXT -> TOKEN, vs just BTC -> TOKEN. It was designed to bonus people who already had NXT.

My theory is that SuperNET has gotten some people who before this never bothered to even look at NXT with an objective eye. Now that people are seeing that some crazy guy has made millions of USD in a few months via NXT assets and that a NXT asset has gotten thousands of BTC of sales. Well, only somebody who is not observing the reality will still deny that NXT is real and useful and has a bright future.

So, similar to BBR, I just made people notice there was no reason for it to be having such a low price. A lot of people who are trusting of me just immediately bought BBR and quadrupled its price. But a lot of people took the time to actually look at this ignored cryptonote and saw for themselves why I like it and then the bigger money moved in.

Just my opinion though, I have been know to make many mistakes, so please make your own conclusions about the valuation adjustment that comes from a communitywide discovery that NXT is really cool.

James

P.S. One key thing to realize is that even if I inadvertently caused some artificial demand for NXT with the 5% bonus, unlike any other price increase where all the NXT that is bought will be sold on the open market, SuperNET's 30 million+ NXT is for HODL and private investments in NXT economy startups. For those trying to model this accurately, this is a key factor that cannot be ignored as the SuperNET is absorbing the average trading volume of NXT so far.

Ok I think I got it and I vote YES James, just waiting for the option appears in BTER ( I guess the vote will be wagered with the quantity of token we own )

Actually I can't understand how to vote NO on this, because in my mind there is 2 possible situations.

1st case: Everything is a big scam, and if you believe this , then you should not be an investor of supernet...or you're dumb  

2nd case : What James wants to do with the implementation of his assets  (2000 BTC worth on marketcap / 500 BTC worth of token for him)  is really good on an investor side and show James is very confident with his project.
The bonus reward that James is asking for (5% + 5% if market cap increase a lot) is a little and minimum compensation for the big risk he is taking.
So as you think this whole supernet is something serious (because you are not in 1st case) then it would be stupid in my mind to vote NO.

yes,I think it is like this.but jl take Percentage of supernet is just 10%,if i`m not wrong.it`s still less than he put.
he is a contribution if he not run away 

i think he is asking for the dividends of supernet how to paid out.
i search all the thread,and i still haven't the answer.
may be,
Examples:
nav = 5000btc is beginning
one day it`s growing up 5500btc, and can we take out 250btc to dividends to the holders.
and again the nav of supernet beginning in 5250btc. Such circulation. of couse the number of the percentage just a think..
sorry for my poor english. hope you understand what i mean, jl.

OK, I understand what you're doing now. I had previously thought you were allocating more of the raised funds to purchasing these assets. Now I understand that, simply put:

You are selling 2000 BTC worth of your existing assets, those that are at the core of the SuperNET technology, for 500 BTC of SuperNET raised funds.

Correct?

Isn't this ICO the whole reason NXT has been on a constant pump? Since a lot of people sell BTC for NXT to get in to the ICO cheaper.

What happens when this ICO is over, I guess we'll see a correction in NXT prices and thus a correction in TOKEN/UNITY NAV

Why does it feel like only jl777 understands any of this?
I bought a lot (for me) because I trust a random man on the internet who is known for making a lot of money off of people just like me. Am I all right in the head?

For some reason TOKEN sales are growing today.

+1

it was your suggestion to allocate more funds for incentives and working capital that led me to the SuperNET assets allocated to the SuperNET account.

Thank you!

I listen to any and all feedbacks, as I know the sum of everybody's knowledge makes my knowledge a tiny thing

I know there are many that like everything all defined and fixed, solid. As you can see I am one to make things dynamic, alive, organic.

James