Hi, i still do not understand anything how the system works.
after going deep into to whitepaper i need to have something to be confirmed to not become more confused.
Sorry, english isn´t my native language.
1. i particapate the ICBM an transfer 10 ETH and in return i get approx. 9100 NEU.
2. Alltogether 18200 NEU getting created, 9100 into my wallet, 9100 into the plattform wallet (Company Fifth Force , Platformoperator)
3. ICBM ends, NEU tokens are transferable, maybe secondary markets are open to trade NEU tokens
My internal account has 10ETH and 9100 NEU
4. within the next 18 Months it will be possible to invest the 10ETH in companies and in exchange i will get companie tokens ( additionally new NEU tokens will
be created and distributed within the community and to fifth Force )
meanwhile my NEU are not affected from this action ( or are they accected in any way for example by getting burnt )
5. If i do not want to spend all my ETH to invest i can get them back with sending NEU Tokens to the contract and have to pay a 10% fee.
6. After 18 months i can get back ETH without paying a fee of 10%.
Questions :
1. after 18 months am i forced to withdraw or invest ?
2. after 18 months will i get new issued NEU tokens even if i did not invest anything and leave my ETH untouched ?
3. What happens if all NEU are created ( 1.500.000.000 )
4. Whats the reason anyone should buy NEU tokens on secondary market ?
i can´t see it. Neu tokens are used to pay dividends to investors and covering cost of running the platform by Fifth Force.
Where is a demand for all this tokens which have the goal to create income for holders.
Where is a benefit for potential buyers ? I hope i miss something fundamantially or this simple will not work.
1. After 18 months you can still do whatever you want. You can still keep your money in the contract, withdraw or invest in ETO
2. When platform starts you get NEU only during the investment. ICBM is the only moment when you get them during the commit process. If you invest after 18months ETH that you commit during ICBM you are not getting NEU for the second time. If you put more ETH when platform is operational then you will get NEU for this new money.
3. After max NEU are created there will be no more NEU issied. You will be able to get them only on secondary market. You will be getting tokens from companies you invest into, but not anymore NEU.
4. NEU tokens are giving you coownership of the platform. This way you are able to participate in fees from the platform and get additional stream of revenue. NEU are not covering costs of Fifth Force currently. We are financed with VCs and Angel investors. We also hold NEU as at the end this is our only stream of revenue. Since there is a limited amount of NEU to be generated (1.5B) after the supply is maxed out the only way you can co-own the platform is through purchasing the token on the secondary market. When more and more ETOs will be performed on the platform this token will have bigger demand and less of the tokens will be created, so it will be harder to get.
Besides that you can also invest on the platform but not want to be a NEU holder in this case you have the fully freedom to sell it on the secondary market. It allows us to create a motivated investors network who believe in the platform.
On one hand you are co-owner of a platform, on the other hand you also start earning by holding NEU tokens so this token is giving you actual value.