Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SuperNET - ICO conducted by BTER + ...
by
jl777
on 11/09/2014, 19:40:23 UTC
[Proposed Change in Terms]

I would like to propose change the terms of the fund raising. I made an error in limiting the core assets to 10%, but it is impossible to know how significant this factor was in people's investment decision. In my mind, the SuperNET is optimal when it has the financing, revenues and advertising in balance and there is no way to achieve that based on the current funding levels.

I aim to solve this by guaranteeing to put into SuperNET a minimum of 241485 assets (24.15%) for all three core assets:

InstantDEX   241'485   1'000'000   24.15%   49   44.5   (has 30% of NXTventure) = 7.245%  ---> You mean InstantDex is made of 30% NXT venture or it holds 30% of the NXT venture?
Tradebots     241'485   1'000'000   24.15%   27   20    (has 18.5% JLH) = 4.46% --> Same as above
NXTprivacy   241'485   1'000'000   24.15%   40   39    (has 30% cryptocard + 60% Privatebet) = 7.245% + 14.49% --> same as above

With 24.15% of each of the above three core assets, there is the following percentage that will be directly or indirectly owned:

InstantDEX 24.15% ---> shouldn't this be 17% of pure Instadex? cause then you are adding NXTventure %age twice
Tradebots (NXTcoinsco) 24.15%  ---> Same as above should be nearer to 20%
NXTprivacy 24.15%  ---> Should be nearer to 3% of pure NXTprivacy
Privatebet 14.49%   ---> 14.5% which forms NXTPrivacy === 14.5% of the NXTPrivacy asset too?
cryptocard 7.245%
NXTventure 7.245%
jl777hodl 4.46%


InstantDEX 10746082 NXT + Tradebots 4829700 NXT  + NXTprivacy  9417915 NXT  = 24993697 NXT @ .00008 = 1999.49 BTC
Current market value is right around 2000 BTC or around $1 million USD.

James as you wud have noticed I am a bit stickler for numbers Smiley Just curious on the %age wise section.
indirect percentages are what it holds
the marketprice for the three core assets presumably includes the value of what it contains, this assumes the market fully understands all the holdings and this is debatable. it is quite possible that the value of the three core assets are not marketpriced with the assets it contains, but having these assets are only a plus.