Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BitcoinDark (BTCD)--Sha-256/PoW-PoS hybrid/Bounty Opportunities
by
100coins 1up
on 31/08/2014, 23:35:36 UTC
I'm left a bit confused with the SuperNetwork IPO.


1) I had initially understood that BTCD would be the coin to unite other coins. That it would be the platform. But it seems it is not. Instead is it the SuperNet.
Given that the SuperNet is/will be greater than any other coin, does it make sense to buy BTCD when I can just buy SuperNet "shares" instead?
I can still see the value in BTCD, but it's importance seems to become reduced.

2) how will the SuperNet IPO dilution work?
Will the IPO mean 100% of SuperNet value? I mean if during the IPO 100 BTC are sold, then that means if I gave 1 BTC I will have 1% of the SuperNet shares?

3) what exactly will the SuperNet "shares" be?
It won't be a coin, so it must be something else.
With coins I know where I'm at. I can buy things and exchange for other coins.
But with derivatives, I have problems trusting them. THis both in crypto world and wall street world. They feel like gambling.
Where is the underlying value? Will the SuperNet "shares" give BTC dividends or something like it?

4) Am I correct in understanding that the SUperNet will act as an altcoin exchange? Cheaper than current altcoin exchanges?




Sorry for all the questions. But I'm having a hard time sinking in so much information and concepts. And I'm probably not the only one left confused.
Thanks.