Post
Topic
Board Announcements (Altcoins)
Re: Question for jl777 - supernet/unity trading activity on nxt asset exchange
by
RichardT
on 06/06/2017, 19:20:48 UTC
It looks like the 'Asset Issuer' account has been out there purchasing Supernet/Unity on the nxt asset exchange?  Why would that account be doing that?  The volume has been relatively high as of late.  I'm not sure what to make of it all.  Still sort of confused how the old Supernet/Unity asset relates to Komodo - and what's the longer term prognosis for the Unity asset given Komodo.

Seems like it's just SuperNET investing in itself.  Probably because it knows big things are coming.

I think an easy way to look at it is SuperNET is the organization developing the tech for Komodo, among some other things like Jumblr, DEX, Pangea, etc. that will all be connected under the umbrella of the SuperNET organization.

Investing in SuperNET/UNITY asset means you're investing in all of these things and the ROI that you get will be from an increase in the net asset value (http://old.supernet.org/nav.php) and from future dividends from all the individual projects.  Or you can invest in each of these things individually by buying Komodo or the InstantDEX asset or the Pangea asset, etc.
well said!

Thanks! It only took me about 3 years of following SuperNET to understand maybe 25% of what you're building.

EDIT:
Also, a way to look at Agama is that it is not just a wallet.  It is more an application that allows user-friendly access to all your funds (BTC, KMD, pegged currencies, etc.) and all of the technologies that SuperNET is developing.

Hopefully that explanation helps.