Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NEX :: descendant of NXT - Imagine Fairness!
by
FrictionlessCoin
on 20/01/2014, 19:39:12 UTC
For the Nxt users who feel disenfranchised,  we will allocate 5% of NEX that they can purchase in exchange for NXT.  We will offer a steep discount of 1 NXT for 50 NEX.   5% of NEX is 50 million coins, this is a hard limit.  Nxt Coin holders are limited to 500,000 NEX per user.   The offer ends when NEX is distributed or the 5% is exhausted.   Nxt owners... this is your opportunity to become an early adopter.  

You are offering to buy up to 1 million NXT in exchange for 5% of the total NEX produced (50 million NEX). At current prices, 1 million NXT is worth 83 BTC. Who would receive these bitcoins?

This will be treated as a donation to the development fund.