Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SuperNET - ICO conducted by BTER + ...
by
Kevondo
on 23/09/2014, 18:53:19 UTC
Both polls so far unanimous. Looks like James will be getting his extra 5% soon.

I really hope so, think about what we all have then  Grin

I can´t really understand what this voting is about, although I have two master degrees and have read the text several times. Could someone please explain it to me? Smiley

mcjavar, sorry, i also don´t understand even half of it. But i vote for jl777, he`s a good guy, and he seems to know what he`s doing . . Smiley  Sorry for making fun of you, i wish to have a degree, but I don`t, too stupid . . .

It's my understanding the Vote was concerning the payment of the Bonus to be returned to James.

He financed SuperNET with 2,000 BTC of his own.

In the original statements He was to receive 10% of the Total BTC Value raised from the ICO.

A "NO" vote keeps that in place.

A "Yes" Vote activates a new two part  deal for James.
          1. If at the end of 2015 the price of UNITY is three times the yet to be calculated price (NAV). he gets a   5% bonus
           2. If at the end of 2016 if the Price of UNITY is 10 Times the starting NAV he gets another 5%.

            If the targets aren't hit he gets nada.

They way the math works is :
      A. Best case probaly 1500 BTC returned
       B. worst case  He gets ZERO!