Quote from: 41136169 on September 09, 2014, 03:53:35 AM

Quote from: jl777 on September 08, 2014, 09:58:14 PM

Quote from: 41136169 on September 08, 2014, 10:14:37 AM

It seem very little chinese attending these ICO in bter.com(only 500K CNY), bter don't make people to ensure it not a scam, or we don't know how to ensure Jl777 will keep the fund operate transparent instead of his disappear with 10000BTC funds.

It is hard for me to disappear with the funds I do not control
I think it will make sense to keep the CNY inside bter and they can be the escrow for the CNY raised

The SuperTraders will be using bter for most of the trading and these funds are not able to be withdrawn
The rest of the funds will be held in escrows (Xapo, Coinbase, community member multisig)

I will get access to 1%, which is 100 BTC
I will put in 1000 BTC and lose access to it
so now I am 900 BTC of motivations to make sure the escrows are secure!

I have had 20 million NXT in the NXT AE based funds in the SuperNET account that has been there now for over two days. It is still there and I can tell you the only thing the 1600 BTC worth of NXT has made me feel is to find the escrow for it as soon as possible
Since I already am worth ~6000 BTC, the 1600 BTC is a big fraction, but it is not even more than I already have.

I have donated about 40% of my fortune, so I guess I would have had closer to 10000 BTC personally if I didnt give out so much to the 100+ people.

James

Though I don't know the detail escrows operating flow path, coninbase can be trusted. SuperNet also should be trusted.
thank for your answer. From recently investment's cryptocurreny types, NXT investment occured the main status. In the future, what type of cryptocurrency benefit will be rewarded from SuperNet? and how to evaluate the SuperNET assets accretion ?
Is it BTC or NXT? I expect it be BTC.

the NAV will be calculated in terms of BTC as that is the reference crypto.
dividends will most likely be in terms of BTC and NXT, it is possible that there will be dividends in other currencies also, but they can always be converted to BTC with the small cost of market spread and commission.

James