Can I clarify what I think is a fundamental difference from SuperNET?
BlockNET is collecting money through the ITO for development. SuperNET ICO funds will be used to purchase shares in coins and revenue-generating assets. (It is also entering into revenue-share agreements, of course, without taking an equity stake.) BlockNET is presumably relying on revenue sharing with its partners?
If that's the case, then there is an obvious distinction in the type of organisations they are, reflected in the NAV, risk, reward and approach to growth of each (and consequently appealing to different demographics).
Is this correct?
i'd be interested in hearing thoughts on this..
Same here. Inquiring minds want to know.
"The Blocknet has its own token of value. However it is not a coin but a share that earns dividends on every payment for every service on the Blocknet.
Every time a service is rendered, the node(s) rendering the service receive payment directly from the node(s) that request it, and the Blocknet charges a micro-fee for supporting the service.
Shareholders are eligible for payouts in proportion to the number of shares they own - the accounting for which is of course done trustlessly and in the public domain."
Thank you, but this still does not answer the question. This is how, not what.
From what I can tell, there are very different business models at work. This might be a useful way of distinguishing them to different investors. It appears to come down to risk and return to me; simplistically SuperNET might be thought of as a Venture Capital fund, whilst BlockNET is more like a services company or bank.
This isn't about tech, it's about economics.