Quote from: Graffenwalder on September 23, 2014, 08:07:29 PM

Quote from: jl777 on September 23, 2014, 07:44:47 PM

Quote from: valarmg on September 23, 2014, 07:26:16 PM

Quote from: jl777 on September 23, 2014, 07:18:30 PM

Assuming the Bonus plan is passed, a total of 816061 SuperNET (UNITY)

Where did you get 816061? Shouldn't it be the TOKEN sold (571243) + 10%?

These numbers are assuming the Bonus plan is passed and since you can never issue any extra assets, I need to issue them all at once.

10% (5% + 5%) needs to be in reserve and there is also 10% for working capital. As long as these assets are held by SuperNET, then whatever its dilution is balanced by its value, so the extra 20% is not counted in NAV calculations

Also, the NAV buy wall is excluding the assets. It is one thing for me to personally put in 3000 BTC for 570 BTC worth of SuperNET, but then to base the buywall using the asset value is not reasonable. The asset NAV is posted for reference, the buywall will be calculated without the value of assets. This has been described before in detail.

if NXT value goes up to .000085 then the buy wall should be close to .01

James

What are you saying here? If the NAV is excluding the assets, who owns them? Supernet, or you?

The assets are in SuperNET

The buywall is based on non-asset NAV as I have been saying all along. There is about 2500 BTC of marketcap from the assets that I essentially donated, so to allow people to cashout and weaken SuperNET to tap into this amount is not right. The buywall NAV is to provide liquidity in case the market isnt.

James