Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SuperNET - ICO conducted by BTER + ...
by
PilotofBTC
on 05/09/2014, 17:30:06 UTC
In other words when Unity is dispersed is it based on the number of NXT I have donated or is it based on the number of tokens I have?

Surely it will be based on the tokens that you have. New buyers might get more tokens than you though.

Now see this is the confusing thing to me as I can not see the purpose of the tokens.  Why not just buy Unity shares directly? 

Because there is no way to know how many unity shares to issue. So, you will buy the TOKENs and then after the IPO is closed, james will issue the UNITY assets with the exact number of tokens, divisible to 4 decimals and send them 1:1 to TOKEN holders and also to BTER so they can do the same.