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Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 280. (Read 736772 times)

newbie
Activity: 21
Merit: 0
要点:

启动时间:2014-9-6 14:00 GMT(北京时间9-6 晚10点)
单价:0.01BTC/tocken  每分钟递增 两周后价格固定为 0.0115/tocken
供给量:每分钟为每个币种初始化1000个token,如未完全售出,将结转到下个时间段(每分钟最多5000个token)。1000和5000的数字将根据实际情况进行调整
其他币种的折算:根据24小时移动平均价格进行折算
测试期:第14-第26天(即9-19号至10-2号)确认每日是否可募集当日限额的3%,如果未达到,则2天后终止募集。最长募集期为28天。

demo地址:
https://bter.com/trade/token_btc
https://bter.com/trade/token_nxt
https://bter.com/trade/token_btcd
https://bter.com/trade/token_cny

官方SuperNet地址: NXT-MRBN-8DFH-PFMK-A4DBM
官方SuperNET TOKEN 资产id: 15641806960898178066
(注意:只是token资产,并不是实际的SuperNet资产)

目前token暂定为不可交易,除非你选择在nxt的ae平台上以低于成本价的价格卖出。

token在募集结束后 会转为nxt中的Supernet资产。
hero member
Activity: 585
Merit: 500
legendary
Activity: 1176
Merit: 1134
So you have to buy Token and you can trade with Unity right?
the exchanges will automatically swap and on NXT there will be a dividend
so, nothing special to do, except to wait for it to exchange
then the trading can begin

TOKEN is not supposed to be traded, though I guess on NXT AE, anybody could just sell it below the official price if they wanted to. not sure if the exchanges will allow that to?
legendary
Activity: 1176
Merit: 1134
All excess TOKEN will be burned at this point, though it doesnt really matter as TOKEN is only good for a 1:1 swap with SuperNET asset.
Now I can issue a matching number of SuperNET asset with 4 decimals and it is exchanged for the TOKEN on a 1:1 basis.

After TOKEN is burned, then on the AE only UNITY will be available going forward?
Please say yes.. I think I get it now Wink




I issued 60102216  TOKEN, this is a joke amount and no way this many is selling
so after the final tally, all excess tokens are burned
Then the real SuperNET asset is created to exactly match all the TOKEN that have been paid for
Then it is swapped, so for NXT, a dividend is made and the exchanges are swapping the TOKEN for the SuperNET

at this point TOKEN is no value
it has served its purpose
maybe some people will keep it for nostaglia
maybe it becomes a collector item
no idea, but other than swapping the TOKEN for SuperNXT, I wont do anything with it, so its value is totally unbacked by anything.

plz ask any more questions as if you are not sure, then many are also unsure.
it is a bit complicated
hero member
Activity: 868
Merit: 1000
So you have to buy Token and you can trade with Unity right?
full member
Activity: 149
Merit: 100
All excess TOKEN will be burned at this point, though it doesnt really matter as TOKEN is only good for a 1:1 swap with SuperNET asset.
Now I can issue a matching number of SuperNET asset with 4 decimals and it is exchanged for the TOKEN on a 1:1 basis.

After TOKEN is burned, then on the AE only UNITY will be available going forward?
Please say yes.. I think I get it now Wink



full member
Activity: 720
Merit: 103
legendary
Activity: 1176
Merit: 1134
So the sales have begun already? or was that just an example?
just a demo and to make sure the price changing is working
sr. member
Activity: 280
Merit: 250
So the sales have begun already? or was that just an example?
legendary
Activity: 1176
Merit: 1134
Due to USA regulations, complications arose with Poloniex hosting the ICO. I hope they come out of their communications blackout and are able to participate.

BTER has come to the rescue and has offered to host the ICO without any fees and on an non-exclusive basis in the spirit of UNITY! BTER is extending a hand of friendship to all other exchanges that want to participate. If you are an exchange, contact me for details on how to join.

I am very glad that the SuperNET is bringing together not just the crypto coins, but also the exchanges. It is too bad that USA is making it so difficult for everybody with such matters. However, it is such stifling rules and regulations that will gradually make the rest of the world more prosperous.

The details of the process is as follows:
The price starts at 0.01 BTC and linearly goes to 0.0115 over two weeks (14 * 1440 minutes) so each minute there is a small increase in price. At each minute there will initially be 1000 TOKEN available in each supported currency any unsold will carry over to the next minute, with a cap of 5000 TOKEN. If there is not enough or too much, the 1000 and 5000 amounts will be adjusted, probably no more than a few times a day to adapt to demand.

For non-BTC sales, a conversion rate is calculated using a slow moving average (eg. 24 hours) so somebody would have to be pushing the price for an entire day, just to get a lower effective price for their TOKEN. Clearly not practical. The NXT and BTCD conversion rate is adjust with the 5% bonus and the TOKEN is made available just like for BTC.

In the event fiat denominated TOKEN is available, the conversion process is used like described in the previous paragraph, but without any 5% bonus.

On the 14th day to the 26th day, a test is made to see if 3% of the total has been raised that day. If not the process stops 2 days later. 28 days is the max duration.

At this point I will purchase TOKEN at the 0.0115 BTC price using the my core assets and any other InstantDEX that is made available using the coinmarketcap price - 1/2 of the 24hr change. this is an easy to calculate average of the current price and 24hrs ago. The asset prices are more stable so using a reasonable market price average and as balanced of set of assets, but not exceeding 10% of TOKEN, I get my TOKEN. All excess TOKEN will be burned at this point, though it doesnt really matter as TOKEN is only good for a 1:1 swap with SuperNET asset. I am not sure if the exchange fee is coming when the donation is made or whether I am doing it at this point by issuing some SuperNET to cover the trade commissions. Each exchange will have their own fee, typically 0.0% to 0.2%

Now I can issue a matching number of SuperNET asset with 4 decimals and it is exchanged for the TOKEN on a 1:1 basis.

And the trading begins

you can see some demo version here
https://bter.com/trade/token_btc
https://bter.com/trade/token_nxt
https://bter.com/trade/token_btcd
https://bter.com/trade/token_cny

NXT AE Official SuperNET NXT addr: NXT-MRBN-8DFH-PFMK-A4DBM
Official SuperNET TOKEN asset: 15641806960898178066
full member
Activity: 149
Merit: 100
es ist ein bisschen zu groß

legendary
Activity: 1176
Merit: 1134
Couple questions from a fatigued mind...

Is the AE offering of TOKEN going to correspond with the Polo ICO? Same date/time?

If you are buying one of these 'day one' on Polo:  
TOKEN/BTC TOKEN/NXT, TOKEN/BTCD

Is that ~ the same as buying TOKEN on the NXT AE 'day one' ?

And then...

Then later for trading it will be:
UNITY/BTC, UNITY/NXT, UNITY/BTCD

So if I'm understanding ... UNITY on the NXT AE is not going to be offered on 'day one' ?

When entering these into AE they both relate to the same asset.  Why?  I was thinking one might be UNITY.
Official SuperNET NXT addr: NXT-MRBN-8DFH-PFMK-A4DBM
Official SuperNET TOKEN asset: 15641806960898178066


edit: The last part finally clicked  NXT addy vs NXT asset ID




I cannot guarantee exact time to the second, but I will be waiting for the countdown timer and starting the AE sales.

the TOKEN on NXT AE and on the exchanges are all the same. Then when all the totals are in, I can issue the exact number of SuperNET assets. Then there are exchanged 1:1 for TOKEN
I know it is complicated, but maybe the way to think about it is that you cannot trade a TOKEN, you can only exchange it for SuperNET (symbol: UNITY) and the UNITY is what will trade

James
full member
Activity: 149
Merit: 100
Couple questions from a fatigued mind...

Is the AE offering of TOKEN going to correspond with the Polo ICO? Same date/time?

If you are buying one of these 'day one' on Polo:  
TOKEN/BTC TOKEN/NXT, TOKEN/BTCD

Is that ~ the same as buying TOKEN on the NXT AE 'day one' ?

And then...

Then later for trading it will be:
UNITY/BTC, UNITY/NXT, UNITY/BTCD

So if I'm understanding ... UNITY on the NXT AE is not going to be offered on 'day one' ?

When entering these into AE they both relate to the same asset.  Why?  I was thinking one might be UNITY.
Official SuperNET NXT addr: NXT-MRBN-8DFH-PFMK-A4DBM
Official SuperNET TOKEN asset: 15641806960898178066


edit: The last part finally clicked  NXT addy vs NXT asset ID



legendary
Activity: 1176
Merit: 1134
14:00 GMT is suggested as the start time
any objections to this time?
not sure of date, just trying to find the best time of day

If its a weekend that's fine.
If it's M-F then those of us in the USA EST timezone that have jobs would be out of luck.

It's a 4 offset this time of year from GMT to EST correct?



It will most likely be weekend
I never could keep track of all the timezones, daylight savings, etc.   I map all time to GMT
full member
Activity: 149
Merit: 100
14:00 GMT is suggested as the start time
any objections to this time?
not sure of date, just trying to find the best time of day

If its a weekend that's fine.
If it's M-F then those of us in the USA EST timezone that have jobs would be out of luck.

It's a 4 offset this time of year from GMT to EST correct?

"EDIT" just saw your post.  Confused now.  Are we talking about the AE offering going live or the Polo IPO going live or both?

legendary
Activity: 1176
Merit: 1134
Official SuperNET NXT addr: NXT-MRBN-8DFH-PFMK-A4DBM
Official SuperNET TOKEN asset: 15641806960898178066
Beware of any SuperNET related asset issued by any other account

for NXT Asset Exchange

The starting price will be 0.0095 BTC converted to NXT price using slow moving average, over two weeks this will increase to 0.010925 BTC per TOKEN. There are plenty of TOKEN for everyone, so if there is no inventory left, just put in a bid. I will restock on at least a daily basis, probably much more frequently when I am online. To cover market fluctuations I will probably use up some or most of the 5% discount, so you will probably get the best price from exchange.

do not know date, yet, but the time will probably be around 14:00 GMT

James
legendary
Activity: 1176
Merit: 1134
14:00 GMT is suggested as the start time
any objections to this time?
not sure of date, just trying to find the best time of day
legendary
Activity: 1540
Merit: 1000
just question
what is job escrow?

to make sure the funds are not lost and available when proper procedures are followed

ok fund security
what is procedures?
exactly!
these are the questions and will depend on each vault.

i can be volunteers for security btc
I am often available
exemple if yu said send amount btc, i can
if yu said receved any amount btc, i can
just escrow service

just english not good  Grin Grin Grin

thanks, but I am not sure the community would quite want you to having some 1000 BTC
no offense, but I am nervous with that much
No problem
I understand this is normal
This is to accommodate

sorry i use google translate  Grin Grin Grin
legendary
Activity: 1176
Merit: 1134
just question
what is job escrow?

to make sure the funds are not lost and available when proper procedures are followed

ok fund security
what is procedures?
exactly!
these are the questions and will depend on each vault.

i can be volunteers for security btc
I am often available
exemple if yu said send amount btc, i can
if yu said receved any amount btc, i can
just escrow service

just english not good  Grin Grin Grin

thanks, but I am not sure the community would quite want you to having some 1000 BTC
no offense, but I am nervous with that much
legendary
Activity: 1540
Merit: 1000
just question
what is job escrow?

to make sure the funds are not lost and available when proper procedures are followed

ok fund security
what is procedures?
exactly!
these are the questions and will depend on each vault.

i can be volunteers for security btc
I am often available
exemple if yu said send amount btc, i can
if yu said receved any amount btc, i can
just escrow service

just english not good  Grin Grin Grin
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