Quote from: fibbonac1z on January 21, 2014, 04:03:45 PM

Quote

NEX Invest Coin (NIC) coins are the name of the currency that will be distributed initially. These are the coins that will be on exchanges and can be bought and sold. These coins will generate 1 additional NIC coin per week for every 1,000 NIC coins that you own (updates fractionally on the blockchain every 15 seconds and are rounded up to the nearest millionth). This means that in one year of holding 1,000 NIC coins, you will receive roughly 50 NIC coins, or 5% per annum.

NEX Enterprise Coin (NEC) coins can only be obtained by burning NIC coins. For every 1,000 NIC coins that are burned you will receive one NEC coin. These coins can not be exchanged, sold, or discarded by any means and will be attached to the wallet indefinitely. Each NEC coin will generate five NIC coins per week. In one year of holding one single NEC coin, you will receive roughly NIC LV1 coins. This equates to an increase of 25% per annum.

Would you please elaborate on this?

Will InvestCoin and EnterpriseCoin both have max supply limits?

Is there a mechanism to convert back from EnterpriseCoin to InvestCoin? If not, then doesn't that suggest that EnterpriseCoin inflates infinitely? I think there needz to be a mechanism to deflate EnterprizeCoin as well.

NIC (or NEX) are tradeable. NEC (Enterprise) is not tradeable.

Let me explore your contention about Enterprise Coins inflating infinitely.