Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SuperNET - ICO conducted by BTER + ...
by
UNO_owner
on 23/09/2014, 21:20:37 UTC

for example, let us assume in a few months a chance to buy 10% of a top10 coin arises. Then this extra 10% could be used for such a swap. Not that all of this will be used for one deal, just an example.

At that point, there would be an extra 10% dilution, but keep in mind there is now 10% worth of this top10 currency
-10% + 10% = 0%
so it doesnt change the value of each of the other UNITY assets
at least at the instant this happens

The goal of course is to create some positive effect from the working capital, so if that works then by doing the deal (only possible with the working capital) it would increase the value of all the UNITY assets.

So as long as the working capital is getting 1:1 value, then it is a neutral effect. If every working capital UNITY is used to get more than it cost, then all existing UNITY holders will benefit.

James

Ok.  That makes sense, but then I thought the point of collecting the NXT and BTC for the IPO was to use for adding new coins to the core.  Isn't that considered working capital?  Buying coinx with BTC will get us a 1:1 value as well, without flooding the market with 10% more UNITY.

What type of guidelines or process will be used to make purchasing decisions like this?