Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SuperNET - ICO conducted by BTER + ...
by
Graffenwalder
on 23/09/2014, 20:07:29 UTC
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?