Quote from: Taek on November 22, 2014, 07:12:16 AM

Quote from: Lordoftherigs on November 21, 2014, 08:53:38 AM

Quote from: Taek on November 21, 2014, 06:14:36 AM

New whitepaper is live!

Check out siacoin.com/sia.pdf

I'm not sure I understand the numbers here.

White paper states that : ''Nebulous Inc. will initially hold 95% of the siafunds, and the early crowd-fund backers of Sia will hold the remaining 5%.''

But wasn't 15% of sianotes sold during IPO ?

Edit: is this due to fees increased from 3.5% to 10% ?

Yes, the total amount has increased from 3.9% to 10%, the % that crowd funders hold is the same as always, "One Sianote can be directly converted to 0.00039% of host income from renting storage, or 10,000 for 3.9% of all host income from storage. Currently, there are approximately 1250 sianotes in circulation, or just under 0.5%." 10% isn't a finalized number, but I think that it's a safe number for us to pick. The risk of course as we increase the number is that people will be encouraged to use a fork instead of using us directly, but I think that our network effect in combination with our software (which will have multiple full time developers working on it being funded by the 9.5% in control of Nebulous) will bring both advantages in efficiency and usability.

Quote from: bubbletea789 on November 21, 2014, 12:08:14 PM

how to get siafunds?
--and where is siastock (from the title of his thread) in the picture?

siastock got renamed to sianotes, because we wanted to avoid issues with the SEC. Siastock makes it sound like we were selling corporate equity, which we were not. We wanted to eliminate as much confusion as possible but unfortunately couldn't change the title of the thread. (... ... ... apparently you can... ... ... I'm not sure why I didn't change it earlier). Sianotes are the asset that's available on the Nxt AE, and are directly convertable to the siafunds that are discussed in the whitepaper.

Quote from: super3 on November 22, 2014, 06:02:23 AM

Fixed.

many thanks

I don´t agree at all.

You sold only 15% of all Sianotes.
During the IPO you increased the price cause it was selling out fast.
And now, you just increase the amout by 150% without compensating the stakeholders.
But you are buying back shares for 2000 at NXT ae, way below IPO price.

Are you kiding me? Looks for me just as pure greed.

We bought 1/10000 per share not 1/25000. Your 0,00039% is just Math and not the agreement. The aggreement is 10000 shares in total.
Are you really want to play us that bad?