I remember that I'd read that Supernet (or any other asset issued by James) holds a lot of IOTA. Will the shareholders (for example of SuperNET assets) benefit from the IOTA holding one day? And if so, in what way?
Also, what would be interesting, if Komodo participated in the byte ball distribution using the Bitcoins from the Komodo ICO? If so, the same question as above: How will the shareholders benefit?
Yes SuperNET holds some IOTA. In general, the more funding a company has the more it can achieve. IOTA provide us working capital at the very least, and the technology is definitely interesting and innovative.
SuperNET & Komodo also participated to the Byteball snapshots and holds them as an investment.
All in all SuperNET has a lot of investments/capital, and a lot of innovative technology. Still, it has been trading under it's Net Asset Value (NAV) for long time. It's all laid down here:
http://old.supernet.org/nav.phpAnd as much as I respect this team and like this project and where it is going. You have OUR funds from investing in this holding token called unity. Unity has had the luck to trade wisely and make funds but at the end of the day, the team isn't giving us holders shit for our 2+ years of holding this token. Dividends, what the hell are those? Haven't seen those. Nothing better then hanging out with my the friends who I convinced to buy this token a few years ago, and have to explain why it's either not increased in value, or not paying anything. The one saving grace is that should any of us sell now, then we won't lose too much value on what we originally put in. But dang, after a few years of hodling, it would be nice to be rewarded for continuing to have faith. Originally the "super traders" were supposed to make profits from trades, and profits distributed back. Didn't happen. However James is the only super trader, and his trades don't pay us profits. If they did, maybe unity would go up significantly more.
Atleast though, it has made YOU guys, the team, some funds above and beyond komodo, to play with.
So good job on that one.
The frustration is understandable, and SuperNET has went through many transitions and the vision has been upgrade. Selling now would be a mistake, here's why:
- we survived a long bear market
- things (and dividends) are delayed because the roadmap had an updagre
- even 2 years is quite a short time, any long investor should look at at the fundamentals
Many companies don't pay dividends even though they are making profits, but still their stocks go up. We do everything we can to archive our vision, and when the time comes we can pay dividends.
SuperNET investments have done well, but it's important to note that none of our team members have personally gained from those profits. Every penny just goes to our working capital and funds future development.