Topic: [ANN][NFD][Supernet][UNITY] New NFD Asset: NFDSupeNet! - page 3. (Read 13328 times)
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Another Asset for the NFD ecosystem! I'm proud to unveil another new gateway, like NFDNxtty. This will enable you to buy and sell the hottest Nxt Asset with NFD: Supernet!!
Announcing...
NFDSupeNet!
10'000 Issue, Fully Backed By 100 UNITY
Redeemable On Demand
Each NFDSupeNet Redeemable For 1/10'000th Of The UNITY In
Backing Account NXT-985M-7ERQ-3TNB-GVRCU
Buy, Sell Order From Issuer
Matched To Nxt Asset Exchange
NOTE: NFDSupeNet is issued independently of Supernet. There is no relationship between me and the Supernet crew.
Supernet, symbol UNITY, is the latest and greatest Asset from Nxt rock star jl777! Because of his impressive track record with his earlier Assets, whales threw a gusher of BTC and Nxt at the IPO for UNITY. As these charts from Nxtblocks and Bter show, their confidence in him has been well-placed:
Supernet itself is an ambitious plan to carve a trade-route superhighway right through Altcoin Land! With Supernet integrated, you can use the features offered by several core coins without leaving your own coin's ecosystem.
Once Supernet is out of the skunk works and is fully operational, all of these services will be available in any cryptocurrency that integrates a Supernet gateway into its wallet!
In addition to the above, there will be a whole slew of projects that integrate services like direct fiat-to-crypto exchange, truly decentralized crypto-to-crypto cross-chain exchanges, tradebots, decentralized poker, other kinds of gambling and even the Supernet News Network! Naturally, this bullet list only scratches the surface of what Supernet has to offer. Feel more than free to examine Supernet's homepage and poke through the Website to see what Supernet will bring to Altcoin Land. You can also ask any questions you have in the official Supernet announcement thread, or here.
NFDSupeNet ASSET DETAILS:
NAME: NFDSupeNet
ASSET ID NUMBER: 256261392791549450
ISSUING ACCOUNT: NFD-T4MX-HYMV-2J6M-AR9KM. Balance inspectable at the NFD Block Explorer.
NUMBER OF UNITS: 10'000
BACKING: Dedicated Nxt account NXT-985M-7ERQ-3TNB-GVRCU. Holdings of UNITY identified at bottom of block explorer page.
BENEFIT: Each unit of NFDSupeNet is redeemable on demand for 1/10'000th of the UNITY in the backing account, sent to the redeemer's choice of Nxt account. If there's a residual amount less than 0.01 UNITY, the fair value of that residual will be sent in Nxt. In addition to the above, the issuer will place sell and buyback orders and adjust them according to market conditions as specified by the Supernet (UNITY) orderbook in the Nxt Asset exchange. The issuer will make a reasonable effort to keep up with the current orderbook in the Nxt AE, so as to assure a reasonably fair price for NFDSupeNet.
PRICE: Will vary according to market conditions. The same pledge made just above applies to the issuing prices of NFDSupeNet tranches, as does the same reasonable-effort proviso.
To see the orderbook for this Asset: fire up your NFD wallet, click "Asset Exchange" on the left-hand menu, look for the "Add Asset" button in the top-right area of the wallet, click it, put in the Asset ID number 256261392791549450 into the form, and the orderbook for NFDSupeNet will show. You will see buy and sell orders from me, the Asset Issuer. As pledged above, both orders will be a reasonable match for the high bid and low ask for UNITY in the Nxt Asset Exchange. You can confirm this at any time by checking the NFDSupeNet orderbook, comparing it to the UNITY orderbook, the price of Nxt at Bter, and the low ask of NFD at Bter. Calculation formulas are below.
If you want me to prove I have control of the Asset Issuer account NFD-T4MX-HYMV-2J6M-AR9KM: just send me your own NFD Account ID and I'll send you an Arbitrary Message that'll prove it's my account. If you don't have an NFD Account, just download a new wallet here.
PRICING:
If you remember the charts above, the price of UNITY fluctuates constantly - mainly upwards.
Because of this, I'm offering NFDSupeNet in tranches, as tied to the low ask of Supernet on the Nxt Asset Exchange. Here's the formula:
The NFD-price denominator will be calculated by using NFD's low ask, not its high bid. The last expression in the formula tracks the growth of the backing account's holdings of Supernet due to dividends.
For example: at the time of this writing:
By the above formula, my offer on the NFD Asset Exchange would be 309.89 * 5180 / 2 * 100 / 10'000 = about 8026 NFD per unit of NFDSupeNet.
This calculation is only an example: if market conditions change, the offer will change with it. Please note that the links in the list will take you to current market data for each, allowing you to calculate a fair offer price using current numbers and to inspect my own offer price.
The same procedure applies to a buyback bid, also from me. It will be based on UNITY's high bid in the Nxt AE. So, the formula for calculating the buyback will be:
Again, the NFD price used will be the low ask at Bter. It will not be the high bid.
As of the time of this writing, the high bid for Supernet on the Nxt AE is 300.1. Using the same figures above, except for replacing the high bid for the low ask, namely:
the buyback price would be 300.1 * 5180 / 2 * 100 / 10'000 = about 7772 NFD per unit.
Like the first example, this calculation is meant to be illustrative. The real buyback offer will be determined by market conditions via the same formula with up-to-date figures. As with the offer price, you can inspect the accuracy of my buyback price by getting the current figures from the above links, calculating the formula yourself and comparing the numbers you get to the Asset Issuer's (my) bid in the NFD AE. You can get current NFD AE data by firing up your NFD wallet, going to the "Asset Exchange" page, entering in the official NFDSupeNet Asset ID Number 256261392791549450 into the "Add Asset" form after pushing the respective button (if you haven't already), or by clicking "NFDSupeNet" in your Asset Exchange bookmarks. If you need an NFD wallet, download it here.
Since I have other responsibilities, I cannot promise to keep up with the Nxt AE market: I can only pledge to do so. However, this might mean that you'd find a better deal on the NFD AE than on the Nxt AE.
As for the volume of the bid and offer, I only have 10'000 NFDSupeNet to offer - so the asks are likely to be small in volume. The bids, on the other hand, are likely to be big enough to cover the entire issue of NFDSupeNet that are out of my hands. Because I'll be making a micro-market, you can speculate on Supernet itself through NFDSupeNet. I'll make sure that the slippage for you is reasonable.
DIVIDEND REINVESTMENT BENEFIT:
All Supernet dividends received by the backing account, whether in Nxt or other Assets, will be used to buy more Supernet. Asset dividends will be sold at market for Nxt and then invested. I'll make a reasonable effort to get a good price for any of those Assets on the Nxt AE, as well as a reasonable effort to get a good price for more Supernet. Because of this policy, the unit value of NFDSupeNet in terms of UNITY will go up with every dividend received. In other words, buying and holding NFDSupeNet will be like holding Supernet with a dividend reinvestment plan. If you aim to HODL Supernet, doing so through NFDSupeNet will enable you to accumulate it with me doing the reinvestment work for you.
But please note: because of this reinvestment policy, you have to redeem your NFDSupeNet to your Nxt account if you want to keep any underlying Asset dividend for yourself. Please also bear in mind that previous Supernet dividends have been irregular and that there's no assurance that there'll any more.
REDEMPTION POLICY:
Just open up your NFD wallet, click "Asset Exchange" and "My Assets" from the left-hand menu, then click the "Transfer Asset" link beside your holdings of NFDSupeNet, and then transfer the amount you want to redeem to my issuing account NFD-T4MX-HYMV-2J6M-AR9KM. Please also send an attached message with the Nxt Account ID that you want me to send the Supernet to, or let me know on this thread. I'll post every completed redemption here in this thread.
FINAL SUMMARY:
This Asset, NFDSupeNet,allows you to get some Supernet for your NFD without enduring the hassles and slippage that would come with dumping your NFD and buying Nxt. Remember, the above pledge means that I'll be keeping a close eye on the Supernet orderbook in the Nxt Asset Exchange: any change in the orderbook will "flow through" to the NFD Asset Exchange. Since I'll adjust both the sell orders and buyback orders, you'll have a chance to participate in any rise of Supernet without leaving the NFD environment and enduring exchange slippage to buy Nxt for Nxt's own AE. This pledge, I'll hold good on both sides of the NFD-AE orderbook ....until NFDSupeNet is sold out, that is.
And remember, you need only Transfer your holdings of NFDNxtty to my issuing account NFD-T4MX-HYMV-2J6M-AR9KM: I'll send you 1/10'000 of the backing account's UNITY holdings per unit of NFDSupeNet to whatever Nxt account you specify! You can audit the backing account NXT-985M-7ERQ-3TNB-GVRCU at any time by either clipboarding the ID into the Nxt wallet searchbox or by looking near the bottom of the page for it in the Nxt Block Explorer The audit will also tell you how much Supernet you're entitled to per unit of NFDSupeNet you redeem. Just divide the backing account's holdings by 10'000 and multiply by your own haunch of NFDSupeNet and you'll get the amount of UNITY you're entitled to if you redeem your NFDSupeNet. This part of the deal means that NFDSupeNet functions as a dividend reinvestment plan for Supernet.
I'm keeping a close eye on the UNITY orderbook anyway because I'm looking to do a little spread trading of it in my personal account. So, I'll have easy access to current data to adjust my orders on the NFD AE. I keep my NFD wallet open all the time to forge, so I should be quick to adjust to any change In Supernet's price. As I further pledged above, I'll keep the slippage on NFDSupeNet reasonable.
Since I can't hover over the data all the time, you'll have the chance in every 24hr period to take advantage of me when I'm asleep.
But please remember: I can't adjust the orders or redeem your NFDSupeNet until I'm awake and have fired up my own wallets.
Just to remind you, the basic terms of this NFD Asset are:
NAME: NFDSupeNet
ASSET ID NUMBER: 256261392791549450
ISSUING ACCOUNT: NFD-T4MX-HYMV-2J6M-AR9KM. Balance inspectable at the NFD Block Explorer.
NUMBER OF UNITS: 10'000
BACKING: Dedicated Nxt account NXT-985M-7ERQ-3TNB-GVRCU. Its holdings of Supernet are identified at bottom of this block explorer page.
BENEFIT: Each unit of NFDSupeNet is redeemable on demand for at least 0.01 UNITY sent to the redeemer's choice of Nxt account. Because Supernet pays dividends, which will be reinvested in more UNITY, this redemption value will be worth more Supernet over time. Supernet dividends are paid irregularly and are not under my control: I just wait for them and reinvest when they come in. I will place sell and buyback orders for NFDSupeNet in the NFD AE and adjust them both according to market conditions as specified by the Supernet orderbook in the Nxt AE. I will make a reasonable effort to keep up with the current orderbook in the Nxt AE so as to assure a reasonably fair price for NFDSupeNet.
PRICE: Will vary according to market conditions. The same pledge made just above applies to the issuing prices of NFDSupeNet tranches, as does the same reasonable-effort proviso.
Download the NFD Wallet here.
Pick up some NFD at Bter here.
And thanks for reading!!!
Announcing...
NFDSupeNet!
10'000 Issue, Fully Backed By 100 UNITY
Redeemable On Demand
Each NFDSupeNet Redeemable For 1/10'000th Of The UNITY In
Backing Account NXT-985M-7ERQ-3TNB-GVRCU
Buy, Sell Order From Issuer
Matched To Nxt Asset Exchange
NOTE: NFDSupeNet is issued independently of Supernet. There is no relationship between me and the Supernet crew.
Supernet, symbol UNITY, is the latest and greatest Asset from Nxt rock star jl777! Because of his impressive track record with his earlier Assets, whales threw a gusher of BTC and Nxt at the IPO for UNITY. As these charts from Nxtblocks and Bter show, their confidence in him has been well-placed:
Supernet itself is an ambitious plan to carve a trade-route superhighway right through Altcoin Land! With Supernet integrated, you can use the features offered by several core coins without leaving your own coin's ecosystem.
- Nxt itself, the leading gen-2 cryptocurrency offering a whole platform of services.
- BitcoinDark, which offers anonymity.
- Boolberry, which offers Cryptonote-strength anonymity further strengthened by Boolberry-unique unlinkable outputs.
- Vericoin, whose wallet will be the first to fully integrate Supernet.
- Chancecoin, which offers basic casino services using New York State lottery Quick Pick numbers as a source of fair and completely inspectable random numbers.
- Bitstarcoin, which will provide a commercially-managed ATM portal into the Supernet suite.
- Opalcoin, which will supply Opaque stealth addresses, secure and encrypted P2P communications and distributed data storage through its Opaldrive.
Once Supernet is out of the skunk works and is fully operational, all of these services will be available in any cryptocurrency that integrates a Supernet gateway into its wallet!
In addition to the above, there will be a whole slew of projects that integrate services like direct fiat-to-crypto exchange, truly decentralized crypto-to-crypto cross-chain exchanges, tradebots, decentralized poker, other kinds of gambling and even the Supernet News Network! Naturally, this bullet list only scratches the surface of what Supernet has to offer. Feel more than free to examine Supernet's homepage and poke through the Website to see what Supernet will bring to Altcoin Land. You can also ask any questions you have in the official Supernet announcement thread, or here.
NFDSupeNet ASSET DETAILS:
NAME: NFDSupeNet
ASSET ID NUMBER: 256261392791549450
ISSUING ACCOUNT: NFD-T4MX-HYMV-2J6M-AR9KM. Balance inspectable at the NFD Block Explorer.
NUMBER OF UNITS: 10'000
BACKING: Dedicated Nxt account NXT-985M-7ERQ-3TNB-GVRCU. Holdings of UNITY identified at bottom of block explorer page.
BENEFIT: Each unit of NFDSupeNet is redeemable on demand for 1/10'000th of the UNITY in the backing account, sent to the redeemer's choice of Nxt account. If there's a residual amount less than 0.01 UNITY, the fair value of that residual will be sent in Nxt. In addition to the above, the issuer will place sell and buyback orders and adjust them according to market conditions as specified by the Supernet (UNITY) orderbook in the Nxt Asset exchange. The issuer will make a reasonable effort to keep up with the current orderbook in the Nxt AE, so as to assure a reasonably fair price for NFDSupeNet.
PRICE: Will vary according to market conditions. The same pledge made just above applies to the issuing prices of NFDSupeNet tranches, as does the same reasonable-effort proviso.
To see the orderbook for this Asset: fire up your NFD wallet, click "Asset Exchange" on the left-hand menu, look for the "Add Asset" button in the top-right area of the wallet, click it, put in the Asset ID number 256261392791549450 into the form, and the orderbook for NFDSupeNet will show. You will see buy and sell orders from me, the Asset Issuer. As pledged above, both orders will be a reasonable match for the high bid and low ask for UNITY in the Nxt Asset Exchange. You can confirm this at any time by checking the NFDSupeNet orderbook, comparing it to the UNITY orderbook, the price of Nxt at Bter, and the low ask of NFD at Bter. Calculation formulas are below.
If you want me to prove I have control of the Asset Issuer account NFD-T4MX-HYMV-2J6M-AR9KM: just send me your own NFD Account ID and I'll send you an Arbitrary Message that'll prove it's my account. If you don't have an NFD Account, just download a new wallet here.
PRICING:
If you remember the charts above, the price of UNITY fluctuates constantly - mainly upwards.
Because of this, I'm offering NFDSupeNet in tranches, as tied to the low ask of Supernet on the Nxt Asset Exchange. Here's the formula: (low ask for UNITY) * (Nxt price in satoshis) / (NFD price in satoshis) * (UNITY balance of backing account) / 10'000.
The NFD-price denominator will be calculated by using NFD's low ask, not its high bid. The last expression in the formula tracks the growth of the backing account's holdings of Supernet due to dividends.
For example: at the time of this writing:
- the low ask for UNITY is 309.89 NXT;
- Nxt itself is selling at 5,180 satoshis at Bter;
- NFD's low ask there is 2 satoshis; and,
- the balance of Supernet in the NFDSupeNet backing account is 100.
By the above formula, my offer on the NFD Asset Exchange would be 309.89 * 5180 / 2 * 100 / 10'000 = about 8026 NFD per unit of NFDSupeNet.
This calculation is only an example: if market conditions change, the offer will change with it. Please note that the links in the list will take you to current market data for each, allowing you to calculate a fair offer price using current numbers and to inspect my own offer price.
The same procedure applies to a buyback bid, also from me. It will be based on UNITY's high bid in the Nxt AE. So, the formula for calculating the buyback will be:
(high bid for Supernet) * (Nxt price in satoshis) / (NFD price in satoshis) * (Supernet holdings in backing account) / 10'000.
Again, the NFD price used will be the low ask at Bter. It will not be the high bid.
As of the time of this writing, the high bid for Supernet on the Nxt AE is 300.1. Using the same figures above, except for replacing the high bid for the low ask, namely:
- the high bid for UNITY of 300.1 NXT;
- Nxt itself at selling at 5,180 satoshis at Bter;
- NFD's low ask there being 2 satoshis; and,
- the balance of Supernet in the NFDSupeNet backing account being 100
the buyback price would be 300.1 * 5180 / 2 * 100 / 10'000 = about 7772 NFD per unit.
Like the first example, this calculation is meant to be illustrative. The real buyback offer will be determined by market conditions via the same formula with up-to-date figures. As with the offer price, you can inspect the accuracy of my buyback price by getting the current figures from the above links, calculating the formula yourself and comparing the numbers you get to the Asset Issuer's (my) bid in the NFD AE. You can get current NFD AE data by firing up your NFD wallet, going to the "Asset Exchange" page, entering in the official NFDSupeNet Asset ID Number 256261392791549450 into the "Add Asset" form after pushing the respective button (if you haven't already), or by clicking "NFDSupeNet" in your Asset Exchange bookmarks. If you need an NFD wallet, download it here.
Since I have other responsibilities, I cannot promise to keep up with the Nxt AE market: I can only pledge to do so. However, this might mean that you'd find a better deal on the NFD AE than on the Nxt AE.
As for the volume of the bid and offer, I only have 10'000 NFDSupeNet to offer - so the asks are likely to be small in volume. The bids, on the other hand, are likely to be big enough to cover the entire issue of NFDSupeNet that are out of my hands. Because I'll be making a micro-market, you can speculate on Supernet itself through NFDSupeNet.
I'll make sure that the slippage for you is reasonable. DIVIDEND REINVESTMENT BENEFIT:
All Supernet dividends received by the backing account, whether in Nxt or other Assets, will be used to buy more Supernet. Asset dividends will be sold at market for Nxt and then invested. I'll make a reasonable effort to get a good price for any of those Assets on the Nxt AE, as well as a reasonable effort to get a good price for more Supernet. Because of this policy, the unit value of NFDSupeNet in terms of UNITY will go up with every dividend received. In other words, buying and holding NFDSupeNet will be like holding Supernet with a dividend reinvestment plan. If you aim to HODL Supernet, doing so through NFDSupeNet will enable you to accumulate it with me doing the reinvestment work for you.
But please note: because of this reinvestment policy, you have to redeem your NFDSupeNet to your Nxt account if you want to keep any underlying Asset dividend for yourself. Please also bear in mind that previous Supernet dividends have been irregular and that there's no assurance that there'll any more.
REDEMPTION POLICY:
Just open up your NFD wallet, click "Asset Exchange" and "My Assets" from the left-hand menu, then click the "Transfer Asset" link beside your holdings of NFDSupeNet, and then transfer the amount you want to redeem to my issuing account NFD-T4MX-HYMV-2J6M-AR9KM. Please also send an attached message with the Nxt Account ID that you want me to send the Supernet to, or let me know on this thread. I'll post every completed redemption here in this thread.
FINAL SUMMARY:
This Asset, NFDSupeNet,allows you to get some Supernet for your NFD without enduring the hassles and slippage that would come with dumping your NFD and buying Nxt. Remember, the above pledge means that I'll be keeping a close eye on the Supernet orderbook in the Nxt Asset Exchange: any change in the orderbook will "flow through" to the NFD Asset Exchange. Since I'll adjust both the sell orders and buyback orders, you'll have a chance to participate in any rise of Supernet without leaving the NFD environment and enduring exchange slippage to buy Nxt for Nxt's own AE. This pledge, I'll hold good on both sides of the NFD-AE orderbook ....until NFDSupeNet is sold out, that is.
And remember, you need only Transfer your holdings of NFDNxtty to my issuing account NFD-T4MX-HYMV-2J6M-AR9KM: I'll send you 1/10'000 of the backing account's UNITY holdings per unit of NFDSupeNet to whatever Nxt account you specify! You can audit the backing account NXT-985M-7ERQ-3TNB-GVRCU at any time by either clipboarding the ID into the Nxt wallet searchbox or by looking near the bottom of the page for it in the Nxt Block Explorer The audit will also tell you how much Supernet you're entitled to per unit of NFDSupeNet you redeem. Just divide the backing account's holdings by 10'000 and multiply by your own haunch of NFDSupeNet and you'll get the amount of UNITY you're entitled to if you redeem your NFDSupeNet. This part of the deal means that NFDSupeNet functions as a dividend reinvestment plan for Supernet.
I'm keeping a close eye on the UNITY orderbook anyway because I'm looking to do a little spread trading of it in my personal account. So, I'll have easy access to current data to adjust my orders on the NFD AE. I keep my NFD wallet open all the time to forge, so I should be quick to adjust to any change In Supernet's price. As I further pledged above, I'll keep the slippage on NFDSupeNet reasonable.
Since I can't hover over the data all the time, you'll have the chance in every 24hr period to take advantage of me when I'm asleep.
But please remember: I can't adjust the orders or redeem your NFDSupeNet until I'm awake and have fired up my own wallets. Just to remind you, the basic terms of this NFD Asset are:
NAME: NFDSupeNet
ASSET ID NUMBER: 256261392791549450
ISSUING ACCOUNT: NFD-T4MX-HYMV-2J6M-AR9KM. Balance inspectable at the NFD Block Explorer.
NUMBER OF UNITS: 10'000
BACKING: Dedicated Nxt account NXT-985M-7ERQ-3TNB-GVRCU. Its holdings of Supernet are identified at bottom of this block explorer page.
BENEFIT: Each unit of NFDSupeNet is redeemable on demand for at least 0.01 UNITY sent to the redeemer's choice of Nxt account. Because Supernet pays dividends, which will be reinvested in more UNITY, this redemption value will be worth more Supernet over time. Supernet dividends are paid irregularly and are not under my control: I just wait for them and reinvest when they come in. I will place sell and buyback orders for NFDSupeNet in the NFD AE and adjust them both according to market conditions as specified by the Supernet orderbook in the Nxt AE. I will make a reasonable effort to keep up with the current orderbook in the Nxt AE so as to assure a reasonably fair price for NFDSupeNet.
PRICE: Will vary according to market conditions. The same pledge made just above applies to the issuing prices of NFDSupeNet tranches, as does the same reasonable-effort proviso.
Download the NFD Wallet here.
Pick up some NFD at Bter here.
And thanks for reading!!!
P.S.: I'll be replying in this thread with daily posts on Supernet's market action and noting any adjustments I made in both sides of its orderbook in the NFD Asset Exchange. I'll also notify everyone if or when NFDSupeNet is sold out, in which case I'll only be adjusting the buyback order.
If you want to keep up with my reports, either leave a reply or subscribe to this thread!
Want to audit my pledge or watch the action?
Just download the NFD Wallet from here,
click "Asset Exchange" from the left-hand menu,
click the "Add Asset" button on the top right on the Asset exchange page,
and enter in this Asset ID Number: 256261392791549450.
Then, use the above formulae and the data sources to keep track of me.
The more eyes, the better!!
If you want to keep up with my reports, either leave a reply or subscribe to this thread!
Want to audit my pledge or watch the action?
Just download the NFD Wallet from here,
click "Asset Exchange" from the left-hand menu,
click the "Add Asset" button on the top right on the Asset exchange page,
and enter in this Asset ID Number: 256261392791549450.
Then, use the above formulae and the data sources to keep track of me.
The more eyes, the better!!
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