Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SuperNET - ICO conducted by BTER + ...
by
HarriHirsch
on 23/09/2014, 07:57:24 UTC
This is the most confusing thing I've ever seen and I'm no newb to the arena.  I first started researching this on Friday, but since then I've spent about a dozen hours on threads, reading whitepapers, websites, IRC, and your blog.

I understand the technology idea behind SuperNET - and I think its a good one, but you would have gotten a ton more money if you'd have bothered to explain the financial aspects much better.  (Piecing together the NAV funding, the asset NAV funding, and the myriad of ways you expect SuperNET to generate revenue is frankly just a hot mess).  It's so bad, everyone I've personally talked to about SuperNET has not invested because they don't understand it. 

Moving into trading in two days, the best thing you can do to increase the value is take the time to explain the financial vision (funding and revenue) in detail.  Better yet, have someone else do it.  Sometimes, when a person is living and breathing a complex idea it seems so fundamentally obvious that they just can't explain it well.  We need single, concise document that explains SuperNET in its current incarnation in a ELI5 capacity.

I hope some of you who know James well and are invested in his vision can take the time to do this for him.  I would volunteer to be involved, but I'm not really even sure where to begin.  Every time I think I get the gist I read something that casts doubt on my basic assumptions - as evidenced by my own posts in this thread.  I'm of course happy to contribute to the discussion though. 

To close, I've invested 6.5 BTC into super net, but I would have gone much bigger if I felt like like I fully understood the financial aspects of it.  I *know* I'm not the only one who feels this way.  Lets get something out there that explains the vision in detail before we start to trade on Thursday.


I think, I understand what supernet will be - a combination of funds and metacoin/asset. But I am also dev (erp, not crypto), so it is easy to understand the language and the drawings.
I am convinced, that this will be a great leap forward for crypto - combining the advantages of several coins and assets/projects for the benefit of the user. I am in  Grin

Maybe an explanation for non-devs would be useful