Generate funds to push into draco and this has always been part of the plan by backing it with assets from revenues from services.
Which can be found here https://docs.google.com/presentation/d/11t4hoaYoQTGKtrkMcEcVzHIOU6lw9sA6BFyYX5gygr8/edit#slide=id.g1116d655f7_2_100
For drachmae to keep going I need to bring funds in and the Travel club does not launch for a few more weeks and it will take at least 6 months before it turns a profit at worst case.
DT Asset Pool Accumulation
Nautiluscoin : 122,701 = 121.6 BTC +/-
UNB : 243,405 =18.27 BTC +/-
CADASTRAL : 106,924 = 26.8 BTC +/-
Bitcoin : 13.15 +/-
NXT : 49,046 = 1.92 BTC +/-
Grand Total = 181.74 BTC in the pool Currency Marketcap 212 BTC so its about 30 BTC short of a 1 on 1 Backing
I have not got enough NXT and with the ardor release i hope we can accumulate into the Asset pool more NXT
Nautilsucoin Purchases https://docs.google.com/spreadsheets/d/1QTxoM4tBoun2kk6_S3kxl7Fw0J5DK8xcjTULDMn4J9g/edit#gid=0
UNB I have been buying as I hear good things I have bought between 7.5k upto 40k i think at worst case
Cadastral was done in exchange for 1 million Draco and 1000 DClub tokens
Principle if Naut, UNB or Cadastral go up in value it adds value to the asset pool but also creates fund allocation to do more work in Drachmae without the reliance of it being on just draco value
The dev lost about 35% of his 121.6 BTC investment in NAUT due to price decline. Maybe he tries to make people pay him for the loss by dumping DRACO. The bagholders of DRACO looses on the declining DRACO price. The DRACO DT-Token was about innovative projects and not getting profit from the 80 000 000 DRACO pre-mine and invest that into coins hoping for price increases.
NAUT has almost no innovation except 1 min block time and a 1% pre-mine used for a "stabilization fund" to stabilize the price.
https://poloniex.com/exchange#btc_naut
https://www.bittrex.com/Market/Index?MarketName=BTC-NAUT
NAUT coin
https://bitcointalksearch.org/topic/ann-naut-nautiluscoin-first-coin-wstabilization-fund-digishield-591114