Hey guys,
I got really interested in this project. I'm clueless about 90% of the technology involved, but from the economic point of view it looks very clever -- I have hope that the completion of the work comes soon and that the community adopt it.
That being said, what is not so clear is how to calculate/estimate the financial return. This needs to be clarified, I will invest some Bitcoins, but how many of them depends if I can have a rough notion of what to expect.
I understand that in part this might be due to Safenet's costs not being that clear yet, but after reading the whitepaper I don't understand 100% how the fixed price NVOS=0.99USD will translate either in fiat, or in bitcoins. You won't work with fiat, so what will be the parameter of distribution of NVOS and, especially, what exactly they will worth? Will NVO literally deposit dollars in my account upon redeeming? Will NVO guarantee that my NVOS can buy bitcoins? I don't get it.
And how many NVOS will be generated per distribution period? I understand that they split 50% for NVO company, 50% for NVOT holders, and from the latter each person gets as many NVOS as the share of NVOT they hold. But then, if too few NVOS are issued then each person get less, since somehow you say that NVOS=0.99USD.
It would be interesting to post here a working example.
cheers
The NVOS are pegged to USDT. The financial return can be calculated from total raised and total volume exchanged per day. The more volume the higher the returns. The higher we raise the less returns for crowdsale participant, but the better amount we get to work with development, liquidation and overall execution of the project. NVOS can be 100% liquidated as it's a fixed price token for fees distribution and the supply can be adjusted to guarantee distribution. It's all included in the whitepaper.