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Topic: [PRE-ANN][XR] XERO [IPO] [PLANNED USE OF FUNDS][FINANCIAL MULTIPOOL] - page 2. (Read 4697 times)

newbie
Activity: 44
Merit: 0
Looks very strong, but I don't see what?
legendary
Activity: 1862
Merit: 1015
waiting for some news.xero?----intel? Wink

Prospectus will be uploaded on Sunday, right now there is not a lot of news to give.
good ideas
hero member
Activity: 840
Merit: 1000
It seems like there a lot of concerns some of which some are more valid than others but there isn't a lot of interest. I will announce on Sunday if the IPO will be going ahead in its current form.

If the details are changed this coin will most likely become a fully pos investment coin where dividends are paid out. However it also means that a higher percentage of IPO funds will go to the team.However there is a possibility of a total cancellation.
full member
Activity: 182
Merit: 100
Community
hero member
Activity: 840
Merit: 1000
We need something new...


Thanks for the feedback, this has already been answered.  A few examples of how innovation isnt always the key: FLT, MYR and HVC.
hero member
Activity: 840
Merit: 1000
waiting for some news.xero?----intel? Wink

Prospectus will be uploaded on Sunday, right now there is not a lot of news to give.
hero member
Activity: 840
Merit: 1000
I think this coin is too similar to others.
You say it will different future, But now how could you let us trust you..


I'm not a brand new member with no history like most IPO founders
member
Activity: 115
Merit: 10
Cryptocurrencies is future
I think this coin is too similar to others.
You say it will different future, But now how could you let us trust you..
hero member
Activity: 678
Merit: 500
We need something new...
full member
Activity: 126
Merit: 100
waiting for some news.xero?----intel? Wink
newbie
Activity: 44
Merit: 0
What is the function? I see not much information.
hero member
Activity: 490
Merit: 500
thimo the dev
Scrypt coins need a really good plan or it will die like a firefly
legendary
Activity: 1862
Merit: 1015
hero member
Activity: 588
Merit: 500
hero member
Activity: 840
Merit: 1000
Quote
Difficulty readjustment: 168 hours.

You're kidding, right?



Yeah... sorry about that I've changed it to 5 hours.
hero member
Activity: 840
Merit: 1000
Just a small update on IPO divdends:

They will be non - transferable for 6 months. After that a 3% will be inncured when transferimg ownership.

80% of divedends will go to investors and 20% to coin plan. These dividends will be paid out quarterly unless they are to small.

Could you please explain this a little more clearly with real figures please? Like for example, if you received a total of 10 BTC (.1 BTC from 100 people), and the coin launched on June 1st 2014, what exactly does one of the investors who invested .1 BTC recieve and when.

Also could you have one official escrow arranged for collection and have them announce their fee on the OP, so people have a choice. I think bigger investors would prefer the escrow and the fee is usually relatively very small.

Ok let's assume that we invest in SCRYPT-X BY CRYPTX (https://www.havelockinvestments.com/fund.php?symbol=SCRYPT) since they have a proven track record.

This is how it would be broken down:

20% of the 10BTC is used for reinvestment so that means we have 2BTC.

2BTC will purchase us 50 SCRYPT-X shares.

50 shares are split between the coin and investors.  This means that the Coin Fund will receive 10 shares and each investor will get 0.4 of a share.

Divdends will be received every fiscal quarter so if we launch on June 1st this would be 30 September (July 1st would be to early).

If we assume that SCRYPT makes the same amount of money each week as it did this week. Each investor will receive 0.0037 BTC if they invest 0.1BTC.

So unlike other coins, the investor are also investing in a coin fund.

If the shares are ever sold they will be re-invested else where or the money will go back the Coin Fund.


Ok... what about Xero coins then? how many would they get in the above example for the person who puts in .1 BTC?


This solely depends on the total amount of funds we raise. The total held by investors will be 25% of the Coin supply or 12 , 000 , 000 coins.

So if we raise the goal of 25BTC:

Each 1BTC investment will be worth 480 000 XR . This means that each 0.1BTC investment will be worth 48 000 XR.
sr. member
Activity: 280
Merit: 250
Just a small update on IPO divdends:

They will be non - transferable for 6 months. After that a 3% will be inncured when transferimg ownership.

80% of divedends will go to investors and 20% to coin plan. These dividends will be paid out quarterly unless they are to small.

Could you please explain this a little more clearly with real figures please? Like for example, if you received a total of 10 BTC (.1 BTC from 100 people), and the coin launched on June 1st 2014, what exactly does one of the investors who invested .1 BTC recieve and when.

Also could you have one official escrow arranged for collection and have them announce their fee on the OP, so people have a choice. I think bigger investors would prefer the escrow and the fee is usually relatively very small.

Ok let's assume that we invest in SCRYPT-X BY CRYPTX (https://www.havelockinvestments.com/fund.php?symbol=SCRYPT) since they have a proven track record.

This is how it would be broken down:

20% of the 10BTC is used for reinvestment so that means we have 2BTC.

2BTC will purchase us 50 SCRYPT-X shares.

50 shares are split between the coin and investors.  This means that the Coin Fund will receive 10 shares and each investor will get 0.4 of a share.

Divdends will be received every fiscal quarter so if we launch on June 1st this would be 30 September (July 1st would be to early).

If we assume that SCRYPT makes the same amount of money each week as it did this week. Each investor will receive 0.0037 BTC if they invest 0.1BTC.

So unlike other coins, the investor are also investing in a coin fund.

If the shares are ever sold they will be re-invested else where or the money will go back the Coin Fund.


Ok... what about Xero coins then? how many would they get in the above example for the person who puts in .1 BTC?
hero member
Activity: 840
Merit: 1000
how to join the IPO

The IPO doesn't being till Monday. Details of the IPO will be released soon.
hero member
Activity: 518
Merit: 500
hero member
Activity: 840
Merit: 1000
Just a small update on IPO divdends:

They will be non - transferable for 6 months. After that a 3% will be inncured when transferimg ownership.

80% of divedends will go to investors and 20% to coin plan. These dividends will be paid out quarterly unless they are to small.

Could you please explain this a little more clearly with real figures please? Like for example, if you received a total of 10 BTC (.1 BTC from 100 people), and the coin launched on June 1st 2014, what exactly does one of the investors who invested .1 BTC recieve and when.

Also could you have one official escrow arranged for collection and have them announce their fee on the OP, so people have a choice. I think bigger investors would prefer the escrow and the fee is usually relatively very small.

Ok let's assume that we invest in SCRYPT-X BY CRYPTX (https://www.havelockinvestments.com/fund.php?symbol=SCRYPT) since they have a proven track record.

This is how it would be broken down:

20% of the 10BTC is used for reinvestment so that means we have 2BTC.

2BTC will purchase us 50 SCRYPT-X shares.

50 shares are split between the coin and investors.  This means that the Coin Fund will receive 10 shares and each investor will get 0.4 of a share.

Divdends will be received every fiscal quarter so if we launch on June 1st this would be 30 September (July 1st would be to early).

If we assume that SCRYPT makes the same amount of money each week as it did this week. Each investor will receive 0.0037 BTC if they invest 0.1BTC.

So unlike other coins, the investor are also investing in a coin fund.

If the shares are ever sold they will be re-invested else where or the money will go back the Coin Fund.
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