Re: [ANN] HEAT: 3.0 crypto*multisig fiat*a2a hft*1000tps*DSA*PoS+PoP*e2ee chat*
One question: How will that be with company-shares? I don't ask because I plan to buy but I'm interested in the relationship of token and share and how current Investors will exchange one into another and why.
Or more precise: If an Investor of the previous ICO wants to buy Heat-shares, he can pay with the token for that - give the token to the team and purchase shares. That way?
Great question, I think it will happen via the A2A exchange. A2A stands for asset to asset. It will work via the built in exchange on the HEAT ledger crypto 3.0 blockchain. They will release it very soon. They will most likely have an extra company share token that can then be traded for HEAT or BTC. I am sure they will release further info after the launch next week. So prepare your seatbelt because the coin will go to MOOOOOON soon! Or more precise: If an Investor of the previous ICO wants to buy Heat-shares, he can pay with the token for that - give the token to the team and purchase shares. That way?
If I see this correct there may be an economical problem here.
Is there any incentive for those who are already invested to hold the token it instead of selling it in exchange for shares?
Is there any incentive for potentially new Investors to invest in the token instead of shares?
If the team is paid with Heat-tokens in exchange for company-shares - what should they do with that instead of selling to get funds?
It's possible that I'm missing something here, but even if there wouldn't be some drama here currently and not that much incentive to buy into Heat for new Investors, I see no scenario for a rising price while there are many potential threats - not only for the price of the token but also when it's about funding of the project. The team could find out: Oh, we have a lot of Heat-tokens now, but what to do with it? Waiting won't help because nobody with a clear mind would buy into it since it needs to be considered that they have to sell at a point to stay funded. I mean, that's kind of the business-model of the next ICO right? They get tokens for shares.
Or am I missing something here?
I believe it was mentioned before that the shares for the company are to raise a certain amount of Euros. Each share I think was planned to cost 25 EUR.
There will be 1 option given for each 400 HEAT coins an investor owns. This 1 option entitles the owner to 1 traditional share of the company at a 50% discount (12.5 EUR).
Okay, thanks!
That's a good incentive to buy shares with the token, or the other way around: It would be near to stupid not to exchange the token for shares, right?
And new Investors who would like buy into Heat also might focus on the token before the ICO to get a discount - as long as it's cheaper to use the token than another currency.
That means, it's likely that the team will get near to 100% of the token-supply but not that much of other funding. Especially because of that it wouldn't make any sense to buy the token after the ICO because the price can't stay above since the team needs to sell to get funding. If I'm not missing something here: There won't be a market for the token after the next funding round what also means that the team can't sell the tokens, at least not enough, not near to the price it was meant for - it will go down like a stone since there is no incentive left to buy it.
But since the price of shares is connected to the price of the token - it's unlikely that the price of shares will stay up when the token goes near to zero because the team holds near to 100% but runs out of funding. That also means, that there is not much if any incentive for new Investors to buy into this. That makes it even unlikely that the token will rise prior to the next ICO while it seems like a safe prediction that nobody will want it after the next ICO.
If I'm not missing something important, this is an economical circle-game - more a "downward-spirale".
Not necessarily, also I am not disclosing whether I will buy shares or not. I'm sure the coins will be trade-able with the shares at some point.
It depends on the proposed profit generating cases for the company. The team will not ever come close at all to getting 100% of the token supply...
As far as I understand correctly, the IPO funding will be for Euros. So I don't think they will be selling any HEAT for fiat for the IPO.
The price of shares I believe is denominated in EUR, not connected to the price of the HEAT coin.
Yeah we will see how they manage to do it. I am 100% confident they will give us all a great deal on the shares. I am already excited about the offer they will present to their precious investors. Svante and Dennis know exactly what they need to do to please their investors. So far this has been a great ride and it will continue to be exactly the same in the future. To the MOOOOOOOOOON!