Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer - page 91. (Read 736772 times)

Is 50:1 p/e realistic? I know it would be in the real world, but crypto people have different expectations. I just have no idea for how to evaluate this in crypto terms.

Correct me if wrong:

50:1 ratio is in terms of total market cap to dividends per year.

There is a total of 816061 SuperNET assets.

816061 * $2 = $1,632,122 in dividends a year

$1,632,122 / 365 days = $4,471.57 in dividends per day

I agree, I think that is very reachable probably even by 2016, if not sooner. But I also tend to think that one unity could be worth thousands in 5 years time. 

My reason is there are just so many different moving parts within this project and the people behind each part apear very intelligent and highly motivated. And this is just the beginning.

just to be clear so I just buy supernet unitys and wait for dividends in my nxt wallet... how? when? will i get paid dividends lets say for example if i buy 100 unitys how would that work how much am i looking at for current market thanks in advance

Could someone ELI5, please?

Not until it is fully operational, or at least not until the market realizes that it is just a matter of time before it is fully operational.

Though $100 price would require around $2 in dividends per year at a 50:1 ratio, which is about $4700 of dividends per day. Realistically, to achieve this there would need to be 25,000+ users (~15 cents per day per user), which is a largish number, but certainly within reach.

I know it is just a matter of time, but I do have inside knowledge, so I just have to be patient for the rest of the world to find out.

James

This thing should be worth at least 100$ 

The buywall is back! I put up a 1 million NXT buywall at 160 NXT on NXT AE and should be there by Monday on bter with the same 1 million NXT buywall at 160 NXT

it is probably a bit above the strict asset NAV, but with 168 now in slack, the value of so many in the realtime SuperNET community is giving me very good feeling for the future. half a dozen new channels spontaneously formed this week
so the decentralized power is coming into play as I didnt even know about them until I looked at the list of channels

Also, the market is not properly valuing the SuperNET holdings of Pangea, Jay, Omnigames and other assets, but I set it below the current market price so as not to affect current market

James

SuperNET is all you need. All the assets within assets... are built into SuperNET itself. Only if you want to concentrate investment into a specific area, do you need to delve into all the different assets/coins

James

If you already have account at bter, yes, especially if you are new to NXT. I think the prices on NXT AE are a bit better, but it all depends on the exact orderbooks

James

You can do that, but basically the price on NXT AE is better because the spread is lower. That is the difference between the best sell and best buy order.

GOOD INFO....so to clear it up I should just buy unity and wait for dividends in my nxt wallet and don't need to buy other assets...assets within assets etc....

Wouldnt it be easier to just go bter and buy unity there and transfer to NXT wallet and for dividends 

Good write up

SuperNET is the main holding entity, but it holds some assets that in turn own other assets. It is like a directory structure. So the leaf nodes would generate dividends to its holders, this would include the individuals and other assets. Then the assets that got these dividends from the other assets (Privatebet being a prime example of this) would add its own operating profits to the dividends it got and dividend this to its individual holders and other assets. ...

I believe the longest path is:

neoDICE -> Privatebet (NXT-ZGGJ-5G8H-K24Y-3BD8S) -> NXTprivacy (NXT-KKNV-8EPK-W2S4-96VTK)

The idea is that the specific gaming (or other type) asset, in this case neoDICE, will be the item that directly reflects the performance of the neoDICE. And all the gaming assets are routing dividends or revenue share via Privatebet (it owns 35% of neoDICE and has 20% revshare deals with Pangea and Omnigames). Privatebet will also directly have its own decentralized sportsbook next year. So, Privatebet will have meaningful fractions of half a dozen+ other gaming assets, with a percentage of 20% to 25%, this should add up to more than the average of any specific asset, though the diversification protects from any large change (up or down) and it is meant to reflect the aggregate decentralized gaming sector.

The following is NXTprivacy's holdings, anchored by 60% of Privatebet:
cryptocard   400'000   1'000'000   40.00%   9.999   7   2'800'000   Transfer
Privatebet   600'000   1'000'000   60.00%   52.99   40   24'000'000   Transfer
SuperNET   537   816'061   0.07%   183   182.4   97'948.8   Transfer

NXTprivacy will also have direct fees from Teleport, so it has a book value in excess of (40% of 7 + 60% of 40) = 26.8 NXT per asset. Since it is trading at 28/34, if you are able to buy at 28, that is like paying 4 NXT for Teleport revenue stream.

The NXTprivacy dividends would flow into SuperNET and from there to its holders, coin communities, etc.

I know it is a bit complicated, but due to compartmentalization requirements and also some legal insulation, it was deemed to be the safest path. For example, some people are concerned about some legal issues with owning "gambling" based assets as some primitive countries make that illegal. However, if you own something that owns something that owns something that owns something that does a decentralized dice game and each entity is having a specific purpose other than adding "distance", I think it is helping on the legal side.

Over time, I expect Privatebet to gather more and more gaming assets, and of course SuperNET itself to continue to add to its collection of assets:

for future dividends:
Jay   75'000   1'000'000   7.50%
omnigames   75'000   1'000'000   7.50%
SNN   75'000   1'000'000   7.50%

internal:
Pangea   597.7454   1'000'000   0.06%
SuperHODL   10'000'000   10'000'000   100.00%
SuperNET   6'503.956   816'061   0.80%

holdings:
InstantDEX   241'485   1'000'000   24.15%
NXTcoinsco   241'485   1'000'000   24.15%
NXTprivacy   241'485   1'000'000   24.15%

SuperHODL:
Jay   400'000   1'000'000   40.00%
MyNXT   17'200   100'000   17.20%
omnigames   400'000   1'000'000   40.00%
Pangea   414'454.1309   1'000'000   41.45%
SNN   700'000   1'000'000   70.00%

Portion of SNN is allocated to the writers and MyNXT only has 100,000 total assets, so it is looking much smaller than the others but if you look at the percentage owned it is at a healthy 17%. SuperNET/UNITY is thus a very diversified single asset that is the sum of all its parts. Keep in mind that these are mostly independent projects and different ones will come online at different times, so there wont be a switch that just starts a flood of dividends. It will start with a small trickle and as the dozens of dividend sources all combine and grow, the SuperNET dividend will eventually become quite substantial.

However, I could not estimate accurately when all this would come online, nor what the levels would be, so I priced the ICO at book value. That means that purchasers of SuperNET got all the future revenue potential for free and the price performance during the bear market has proven that asset (and crypto) backed SuperNET is the superior model. Certainly there is development and timing risk, but nice to have a solid floor.

James

The way I did it was to buy some NXT from an exchange, download the NXT wallet, generate a NXT address using the built-in passphrase generator or use your own passphrase (not really recommended). Then transfer the NXT to your wallet (input both the address and the public key), go to the NXT asset exchange, input the asset no. for SuperNET (12071612744977229797), and use your NXT to buy some SuperNETs.

It's basically the same process as buying any other asset on the NXT AE really. The only thing that changes is the asset ID.

fantastic! Welcome to SuperNET!

SuperNET also adds a EUR gateway.


######
Profit Sharing Deal

Coinimal GmbH with SuperNET
www.coinimal.com

In return of being featured as the EUR-gateway in the SuperNET, Coinimal GmbH agrees to the following Profit Share Deal:

* All orders submitted through the SuperNET Plugin are eligible for this deal.

* The Profit from eligible will be distributed in the following way:
51% SuperNET
49% Coinimal GmbH

* The Profit Share can be distributed freely but SuperNET is not allowed to issue an asset that includes the name “Coinimal” in the asset title.

* The Profit Share will be paid monthly.

* The Payment will be made in Bitcoin.

#####

50% of Revenues from such deals will flow through to SuperNET/UNITY assetholders, the other half is shared between the core coin communities and other groups. These are very, very early days and whatever initial revenue levels are just the small seeds for the future. Also, the design of SuperNET allows for dozens, even hundreds of such services to be integrated

James

We are finally able to share our good news with you. We have been holding back for a couple of weeks due to the NDA agreement until all  conditions have been met we are able to announce the news.

Opal has entered a mutually beneficial partnership with the SuperNET team, led by James Lee.

As of November 27, Opal is the next SuperNET core coin. They now own a 10% stake in the coin and the terms of the partnership have been met.

This partnership will mean the following benefits for Opal:

An expanded development team
Funding for the development team
Integration into the SuperNET core

In the near future, Opal will be integrating Teleport, Telepathy, and all the other features offered by SuperNET and it's other core coins.  In addition, Opacity's features will now become part of the SuperNET's API.

This is Opal's first step into crypto mainstream, and a chance to join Vericoin, BitcoinDark, BoolBerry, Chancecoin and NXT in an adventure to create a network of unified coins.

Lastly we would like to commend the rapidly growing Opal community for their ongoing support through this tremendous growth period.

Welcome to the future.

Opal Team


For more info regarding SuperNET:

http://www.supernet.org/

OPAL is added to SuperNET

https://bitcointalksearch.org/topic/m.9691562

James

http://cointelegraph.com/news/113014/opalcoin-joins-the-supernet-core-and-partners-with-storj