Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ATOMIC: in SuperNET CORE - single blockchain for trading all coins&assets
by
jl777
on 17/09/2014, 22:11:25 UTC

This is absolutely awesome if it will happen.

But how should an investor make money out of it?
Are their some fees that will be shared between the shareholders or something?
At the moment the devs have 90% of the shares and it is currently valued as round about 2m$.
Even if they succeed it looks like financial suicide at the moment for the buyers.
The fees will be distributed to the assetholders and I am content to just collect these fees so I dont have any urges to sell even at the current valuation.

The exact details of the revenue share between the "miners" and assetholders is not determined yet. It needs to be high enough so the miners have the incentive to setup nodes with some extra for profits, the rest would go to the assetholders.

At the current valuation it is indeed a risk and represents a believe that in the future there will be quite a few Atomic tx. Since Atomic will do both coins and assets and the latter especially has the potential to include real world equivalents, eg. gold, etc. if you are believing that long term crypto decentralized trading will encompass more than just altcoin/BTC tradings, then the ceiling becomes bigger as to the number of Atomic tx that are possible.

Also, cryptaxe has 40%
JLH has 10% and it is a long term HODL
NXTventure assetholders (100+ people) have 10%
NXTventure itself has 40% and it is owned by 100+ people

While I will not venture to say what the proper value for Atomic is, the market has set this price and I have done my best to prevent any buying panics. Please do not buy Atomic if you dont feel it has the potential that is reflected by the price.

James