Topic: [PRE-ANN] Cryptoasset.fund (Read 7775 times)

This project is really nice and interesting but the spread between the best bid and best ask  make it very hard to make some profits, we need huge market movements for bet that spread i hope this will be fixed in short term, thanks

I wish you all happy holidays!
It's a good time now to summarize our recent developments and share our plans for the next year
During several months of its existence cryptoasset fund has helped launch several projects, and provided seed-funding for several projects to be launched in early 2016.

We've helped forkpay.net team  launch their payments plugin, and develop new features. 2016 will be the year of Bitcoin and major Bitcoin acceptance, so forkpay team will be focused more on crypto-fiat merchant transactions, which is going to become a major business in the next year.

We've helped forklog.net have a successful crowdfunding campaign. Forklog is using the funds really effectively, they have already become a top-five crypto magazine globally.  A couple of days ago two of their articles have hit the main page of r/bitcoin Reddit at the same time!
 Advertisement revenue grows very quickly too. And the most important is they were successful in building an efficient online media infrastructure, and have an incredible growth potential in 2016, with the goal of becoming top-3 crypto-related magazine.

We've launched bitfirm.io, a collaborative crypto promotion project, aimed at unifying resources of all NXT ecosystem promoters, and offering their services to NXT community and beyond.  Bitfirm.io strives to become the go-to promotion company in crypto ecosystem, providing the full range of services, from content creation to social media marketing

We're funding the development of several innovative projects to be launched in early 2015:
nxtcrowdfund.io is an asset sell platform to be launched after the new year holidays. It will allow buying NXT assets for BTC and fiat.
shylock.io is the first cryptocurrency pawn shop/collateralized debt platform. It will be supported by major players in Bitcoin ecosystem.
We're funding the development of several "traditional" internet businesses, but with an innovative twist - for example we'll help launch an Internet telephony project, which will provide full transparency of its operations and sales to all investors, all accounting will be executed on blockchain, and thus it will be 100% transparent.

Besides we're starting working on a full-fledged crowdfunding platform, in which we're going to use our experience in crowdfunding on NXT platform and will move further, aiming to go beyond crypto and making cryptocrowdfunding mainstream.

we have great plans for 2016!
Everyone feels that the world is changing rapidly, and the rate of  change is accelerating. Let's do our best to make it change for better against all odds.

What do you mean by MS excel sorry? Don't catch you drift here.
It's a bear market now, it's hard to fight against that.  We launch good products, don't we? Have a little patience.
and yeah I'm currently in Russia. is there a problem?

Register in Supernet slack, so you don't have such questions. also there'll be a dedicated slack this week.

We need full accountability regarding this Cryptoasset.fund

do you know how to use MS excel?

Like a heavy assualt weapon its just been one ICO followed by another, and you have been cashing out drilling the price of nxt down, while the investors are not seeing any upward movement in our Cryptoasset.fund asset value.?

Also you are east European yeah?

Forkpay.net ICO is still on!
You can support the project and share the profits with forkpay team.
More details at Forkpay.net

what is your question? Maybe I can be of assistance. Sasha is very busy coordinating the fund. It's very comprehensive and requires time to line every thing up. Let me know how I may help.

Still waiting for a response on any updates.

Hi messaged you in Skype

I've contacted him on both the NXT Forum and his Skype
but he only responds max once a week.

Hope I can talk to the whole CryptoAsset Fund team
so we can get this done.

I've consulted many experienced entrepreneurs and even they can confirm that we are indeed a pretty great team.

We just need funding to get this on the road.

CoEvolution

Contact him on the NXT forum or on the Supernet Slack

I'm part of Team CoEvolution (DraftForge) who works SUPPOSEDLY with funding from CryptoAsset... Still currently waiting for a response.

Anyone else who represents this VC? Sasha Ivanov is not very responsive..

New Cryptoasset portfolio project is Forkpay.net, browser plugin for paying Bitcoin bills in various altcoins. It is based on Coinomat API, and supports all the altcoins Coinomat supports. Forkpay will go beyond payment plugins, it will be a full scale merchant solution for payments in alts.
Forkpay team is in Lithuania. They will have a separate thread at NXT forum too.
Outline of further development looks like this:

- Firefox plug-ins
- Cash-back program for plug-in users
- Server-side plug-ins for merchants
-  "reverse" plugin solution, where merchants can get paid in fiat and receive crypto is being considered
-  Also paying credit card bills in crypto is being worked on.

Forkpay revenue model is based on transaction fees. 50% of the profits will be paid out to shareholders.
All projects in cryptoasset.fund portfolio will be using Forkpay for payments. Also it will be actively promoted by upcoming bitfirm.io project.
Forkpay.net is going to follow the standard start-up cycle. This asset issue is the seed stage investment, forkpay.net is going to approach venture funds for second round investment or buy-out in future. In this case asset holders will be able to make an exit or exchange the assets for the "real" equity. This is going to be an experiment with classical seed stage investment made on NXT platform.

ICO for forkpay.net asset will start on November, 24. It will be the traditional for cryptoasset fund reverse Dutch auction scheme, that is we reserve the right to increase the ICO price if the demand exceeds supply. If you want forkpay assets please place your bid in advance.

As you know we're mostly focused on applications of blockchain technology, preferably using NXT/Supernet.

If you have an idea which you want to realize - don't hesitate to contact us. We can provide coders, web-designers, and promotion.

Also here I'll be listing projects which I want to realize, if you're interested to partner up just contact me.
If you can code or can manage the project we'll work something out.
 
Blockchain reporting system for businesses.
Typical application: online shop launches an asset on AE and wants to provide transparency for its shareholders. Every sale gets written in NXT/BTC blockchain, when a buyer lands on checkout page a plugin, installed on it, writes Proof-of-Sale into blockchain.
Also if the shop has an affiliate program it can be used for affiliate sales tracking.
If a shop investor or affiliate has a suspicion that some part of profits is hidden he can simply make a test purchase and see if it's written into the blockchain.
Similar approach can be used for all online businesses which need transparency in their operation - charities, any voting sites (each vote is written into blockchain, you vote - can't see your vote - you know it's rigged) and so on.

Blockchain-based cashback/rewards program for shops.
This is very close to the above project. Basically a sale is written into the blockchain with customer-chosen token. When a customer makes a purchase at another shop, participating in the program, he automagically receives a discount. Nothing of the kind exist at the moment. But it obviously will in near future so let's be the first

Application of Instantdex/Supernet technology.
Considering creating an app which will highlight Supernet/InstantDex benefits. Most probably it's going to be a betting plugin for Chrome.
It will be the first fully decentralized betting application. BTCD stakers will vote on the correctness of the betting feed.
I think that NXT ecosystem needs some big revenue generating gambling project, paying out BTC profits in NXT, supporting the NXT price in this way.  That could be another direction we're willing to take.


Can go on forever but let's start with this. Also suggest your ideas here.




 

10% of the Forklog issue is distributed to the shareholders

Still lots for sale... at 2 NXT.

This asset has yet to find its true price - http://nxtreporting.com/?as=14822567517046840274

Forklog ICO is complete in about 8 hours!

Forklog.net is the new portfolio project of Cryptoasset.fund!
ForkLog  is a online journal covering various cryptocurrency and decentralized technology related topics.

English: ForkLog.net
Russian: ForkLog.com

It was started in August 2014 and has been under active development since.  A lot of exclusive content is posted, including interviews with top cryptocurrency experts and payment providers representatives (for example, interview with qiwi.com regarding their stance on digital currencies forklog.net/cryptotechnology-beyond-prohibition-an-interview-with-bitruble-project-managers/. NXT is mentioned in the article by the way )

Forklog is also active in cryptocurrency promotion, having translated in Russian Princeton lectures on Cryptocurrency. Forklog team has participated in preparation of "Bitcoin as a driver of fintech development in Ukraine" document for Ukrainian central bank.

Recently Forklog team has started working with cryptoasset.fund and has become an active participant in 1000assets.net campaign, aimed at raising awareness about NXT platform and the vast range of possibilities it provides. The following articles about crowdfunding on the NXT platform have been published: forklog.net/crowdfunding-on-decentralized-platforms/ , forklog.net/how-to-launch-your-own-crowdfunding-campaign-with-nxt/

Currently there are three employees in Forklog team, and also several freelancers and guest writers work on the project, including an artist drawing custom illustrations for the articles.  All advertisement payments are made through public bitcoin address  (18HgAfEmjXRBzfuYMXWWVUYF3Kn5jpsDiZ) and are fully transparent.

In partnership with Cryptoasset.fund Forklog is launching  a crowdfunding campaign and issuing a Forklog asset.  The campaign target is 1 mil NXT, which will be used to enhance our presence in social media, start working with several new writers and provide more exclusive content. The advertisement revenue will be shared at 50/50 ratio with project backers, and can be tracked through our public BTC address.

The funds raised through ICO will be spent mostly on pushing forklog.net english version, we want to make it a top five Bitcoin news resourse.

It is a limited asset issue, only 1300000 assets are issued. One million assets will be sold at 1 NXT, 100000 distributed to cryptoasset.fund shareholders, 100000 will be held in the fund's account, 100000 reserved for Forklog team.

The ICO will start on October, 20.  It will be in a form of reverse dutch auction, so if the demand exceeds supply the sell price will be higher.

Replied to you on NXT forum

I've sent the project to OP and to coinomat at the NXTForums

Hope you consider it, it has big potential and is already in the works.

We want to know about your idea! Apply today and your project could be funded

https://www.zapchain.com/u/t_3041388454

I've sent you guys a message through your website.
Am hoping for a response, thanks!

Regards,
JM Erestain

Current fund statistics:
8701153 NXT have been raised at ICO. Taking into account the assets swaps and assets deposited to Cryptofund before the fund's launch
current Net Asset Value (NAV) of the fund is 12596581 NXT. Net asset value of the fund is calculated as the total value of assets owned by the fund.

Assets issued from the funds account (IndexRev) for now are not included in this amount. So, as you can see, the fund's NAV is about 25% higher than the total value of issued shares at ICO.

Fund's NAV will be posted daily at cryptoasset.fund

Yes! since with the supernet plugin you have to pay 1 NXT per transaction.

Great job thanks !

For the NXT did you send them with the Core Dividend System ?

First dividend after the ICO end:

0.01002 NXT and 0.0000242764 SuperBTCD per share distributed

On top of that, to celebrate the ICO end, 75000 IndexRev is distributed.  it makes the total value of distributed IndexRev to be 7.5% of the issue. No further IndexRev will be paid as dividend.

Also we will be posting the fund's NAV, but I prefer to make a script for this, so it is updated in real time, it will be done next week
Shareholder reports will be published every month as a PDF document.

Timeline of the upcoming developments:

- First project to be started is Forkpay.net. It is a altcoin payment plugin for Chrome and Firefox and a merchant platform for shops.
Plugin functionality is almost complete, and the project will be launched in approximately one month

- After that, in two months, we're launching the first crypto pawnshop shylock.io. The development has already been started.

- Within two months timeframe a news site will be re-launched. It is an established second-tier cryptonews resource who we're going to help become top-tier

- Before the new year another project will be lauchned, most probably either morze.us or bitdomains.io

- After that cryptojoin.com launch is planned. This is a social network for cryptcommunity with a nice range of unique features.

Besides we're in talks with several other groups of developers, so some other projects may be announced too.

Always open to your ideas! Great times for crypto are ahead.

ICO is over! If you didn't manage to participate there will be portfolio projects ICO's you still will be able to take part in.

ICO will be complete this week, so you still have a chance to grab it at 10 NXT

We're coinomat.com team,
This is my linked-in  https://www.linkedin.com/pub/alexander-ivanov/88/646/b9a
(it's probably the third time I post it at BT)

That was a good one?

I'm asking who is involved and didn't receive and answer. That's a bad one.

LOL, that's a good one.

We are not Anonymous.
We are not Legion.
We do Forgive.
We do Forget.

:d

We're not anonymous
Coinomat has been online since 2013

Is anyone from this project a publicly known person?

NXT has no anonymity, you can track all the transfers easily. So it's easy to check.

Good Job

if you had a respectful account on this forum people would be more willing to actually be straight up with you. Unfortunately, that's not the case so you won't be given an answer to your question.

Even if there was a way to prove it, answering this question from you is like starving your pet lion and telling him not to eat you

Did this idea figure out a way to prove they didn't self buy just to take the coins right back for no work?

Top trading asset at NXT AE right now:
http://nxtreporting.com

ICO crossed 50% threshold. Good time to buy some shares, when it breaks 60-70% it will go faster, people will want to pick up the remaining assets.

http://coinmarketcap.com/assets/cryptofund/#markets Coinmarketcap listing

Dividend received.
Thanks.

just got my first dividend payout thanks 

First dividend payment: 10455 NXT and 51 SuperBTCD are distributed to 95 shareholders.
Dividends will be processed weekly, on week-ends. Also new assets will be spawned from cryptofund account, their distribution could be taking place on other days too. Currently several assets are considered to be launched first, stay tuned.

http://nxtreporting.com/
Second most traded asset at NXT asset exchange now

It's still on After the ICO ends no chance to buy it at 10 NXT any longer

Seems your ICO is huge success. Congrats 

95% of the issue will be sold at ICO. The first dividend payment will be right after the ICO is complete, since the fund already holds several dividend paying assets

Coming up to the first 24 hrs and almost a third sold! http://nxtreporting.com/?as=5562590132594876791

25% of the ICO complete!

The ICO starts in  a few hours! Countdown at cryptoasset.fund

It is instant exchange, don't forget. It will be increased, but there will still be a cap on instant exchanges, due do obvious reasons

So great!
I'm investing. Hope it's good!
Thanks! 

The max amount when i wanted to convert days ago my CoinoUSD to BTC-e Code was less than 20$, same for PM. But now the max amount for BTC-e Code is more than 300$ but it still less than 20$ for PM. Same thing for NXT to BTC, the min amount is 100 NXT, and the max is 109. It's extremely low for an exchange :/

Pls explain what issues you had with Coinomat, maybe there was a cap on one transaction?

Using coinomat API ? I like coinomat but i can't exchange large volume... Even for CoinoUSD, hard to withdraw large volume from it. How are you going to based a merchant platform with something that can't handle large volume ? ( When i said large volume... I don't even speak about more than 100$ for my case but less )

Yes, the merchant platform is not unique, but this space is still very far from saturation. It connects nicely to coinomat.com, another porfolio project. The platform will be based on Coinomat API. Established projects in this area have a chance to become huge within next several years, when the altcoins acceptance grows.

DNS project is meant to bring domain names to other blockchains (starting from NXT crypto). It will support Namecoin as well, the first domains supported by the project will be .bit and .nxt. Then we will move to other crypto 2.0 platforms. In order to do it, dns server plug-ins with respective blockchain support will be coded.

If a user does not wish to install Namecoin or NXT he can register domains names using webinterface for a small fee.
Also a custom name server will be maintained, like google's 8.8.8.8.
You set it as your default name server and can open .bit domains in your browser.

The merchant plantform - like GoUrl oder coinpayments?
DNS based on blockchain? What are the difference between this projekt and namecoin?
Can you explain please?

Upcoming projects landings:

bitnames.io - Domains on the blockchain
shylock.io - Cryptocurrency pawnshop
forkpay.net - Cryptocurrency merchant platform.

more projects are coming.

Ready to partner up on anything crypto related, contact me. NXT crowdfunding platform is back on track, if you need funding for your project this might be the best option for you.

cryptoasset.fund ICO in 24 hours!

thats a good concept

Profits and dividends information:
50% of the funds profits will be distributed as dividend, 30% is retained for reinvesting, up to 3% will be donated to NXT services. The rest will be the management fee (which also can be reinvested, if we think that it makes sense)

Also at least 5% of the future asset issues will be distributed as dividends, for most projects probably more. So the payout structure is mixed, asset holders receive NXT payouts as well as shares in the new projects.  I think this is the best scheme which could be used for a blockchain based fund.

Review article about the fund:
http://nxter.org/cryptoasset-fund-launch-12-00-gmt-15-sept/

Reviews of cryptoasset fund projects, both current and future, on NXT forum:
https://nxtforum.org/cryptoasset-fund-projects/

NXT  Asset exchange Asset ID: 5562590132594876791
ICO will take place in a week at minimum price 10 NXT. Place your bids, if the total bid amount will exceed the number of available shares the sell price will increase.

Great Asset 
I invested in the asset coinomat and MMNXT, I always get my dividend 
I am ready for me 
I am SuperHolder! 

The intention is to support key NXT ecosystem projects buy offering them assets at discount. I won't hold the asset, it is a community asset, it will be sold out completely.
We have made several AE launches already, so this one is going to be a perfect one.

I don't like assets where they aren't 100% sold to the public.

Keeping 10% is like a "golden parachute". Free money for people to dump if things take a turn downwards.



I would like to see the NXT raised in this "IPO" used for the purpose you intend to use the 10% premine on.


This looks good other than the 10% premine.

Follow Cryptoasset.fund on Twitter - https://twitter.com/crypto_fund

At launch it will hold the shares in the following projects:

т˜… Coinomat.com (approximately 10%)
т˜… MMNXT (approximately 10% of the outstanding shares)
т˜… EIX (approximately 10% of the outstanding shares)
т˜… MMBTCD (~15% of the outstanding shares)

It makes initial Net Asset Value of the fund to be in the range of ~ 3 mil NXT.
MMNXT shares are "sleeping", that is the dividend is not paid to them. They will be released when MMNXT price reaches 2 NXT. All the other assets pay dividend.




There are several projects to be started in the upcoming months, the list is being finalized, the first three projects to be launched are:

т˜… Forkpay.net, merchant plugin for chrome/firefox, based on Coinomat API
т˜… Morze.us, cryptomessenger for open communication channels, supporting value transfer in the form of custom vouchers. Based on Coinomat API
т˜… Crypto DNS project, website will be online soon, DNS server plugin and domain registration system on blockchain. The service will sell, register on Namecoin and NXT blockchains custom crypto domains (such as .bit and .nxt) and will provide DNS server to resolve them (like google's 8.8.8.



If you want to cooperate with us on some projects or have ideas for new projects please let me know. Also if you want us to invest in your AE asset that can also be discussed.

There will be 1 million asset issued. 90% of assets will be sold during IPO on NXT asset exchange, which starts on September 15. Most part of the remaining NXT will be offered to key NXT community services with a discount or donated. I do not intend to hold a significant stake in the issue.


IPO will be made in a light form of reverse dutch auction. Starting from September, 7 potential shareholders will be able to put their bid orders on Asset Exchange. If the total demand for the asset exceeds the total supply the asset will be sold at the minimum bid price which satisfies the demand. Otherwise the asset will be sold at initial price of 10 NXT. It should guarantee more even distribution of the asset. Cryptoasset.fund asset will launched and managed based on our previous AE experience, and we'll do our best to make a perfect Asset Exchange asset out of it.