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whale

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« on: August 06, 2014, 02:29:48 am »

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« Last Edit: January 03, 2015, 09:24:42 am by whale »
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whale

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #1 on: August 06, 2014, 02:57:35 am »

Okay, I wasn't expecting it to go so quickly but the initial offering is over! Thank you  :)

If you feel like you can add value to Fuzon, please contact me. I've already got a list of cryptocurrencies which I am keeping a close eye on. Further details will be posted on here and twitter (until the website is complete).
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Sebastien256

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #2 on: August 06, 2014, 02:59:10 am »

wow already sale off, someone bought 9750 shares!
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jefdiesel

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #3 on: August 06, 2014, 03:23:35 am »

whats up with the twitter? not working.
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jefdiesel

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #4 on: August 06, 2014, 03:26:09 am »

wow already sale off, someone bought 9750 shares!

thought my 250 shares were bold..
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Sebastien256

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #5 on: August 06, 2014, 03:28:43 am »

wow already sale off, someone bought 9750 shares!

thought my 250 shares were bold..

haha, at least you have some. We are 9 stakeholders for this asset proof-of-concept phase!
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jl777

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #6 on: August 06, 2014, 03:31:25 am »

wow already sale off, someone bought 9750 shares!

thought my 250 shares were bold..
I am pretty sure that was whale. He puts his money on the line so at least we know he is fully motivated to make the fuzon grow

James
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Sebastien256

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #7 on: August 06, 2014, 03:32:25 am »

Will this asset pay dividends?
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Sebastien256

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #8 on: August 06, 2014, 03:33:02 am »

wow already sale off, someone bought 9750 shares!

thought my 250 shares were bold..
I am pretty sure that was whale. He puts his money on the line so at least we know he is fully motivated to make the fuzon grow

James

That is good for transparency. If so, I think, he should say so.
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jefdiesel

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #9 on: August 06, 2014, 03:34:00 am »

wow already sale off, someone bought 9750 shares!

thought my 250 shares were bold..

haha, at least you have some. We are 9 stakeholders for this asset proof-of-concept phase!
im trying hard to cement my role as NXT VC.

Not a gambler in real life, but i'll take a 1.25% stake for $100
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jl777

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #10 on: August 06, 2014, 03:34:46 am »

wow already sale off, someone bought 9750 shares!

thought my 250 shares were bold..
I am pretty sure that was whale. He puts his money on the line so at least we know he is fully motivated to make the fuzon grow

James

That is good for transparency. If so, I think, he should say so.
He did "I will also be matching this initial round with 250,000 NXT"
whale will match all amounts sold
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Sebastien256

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #11 on: August 06, 2014, 03:38:52 am »

It is not clear to me what shares this 250000 NXT is, into the initial 20000 shares that he offers or will it be taken in the 50% shares that he kept for him. In fact, from his second post in this topic, i would not be suprise that the 9750 shares are not from him. Anyway, as a stakeholder (altougth tiny one  :D), I would like to know what whale have to say about this.
« Last Edit: August 06, 2014, 03:44:05 am by Sebastien256 »
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jefdiesel

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #12 on: August 06, 2014, 04:06:46 am »

Seb, forget 9 hodlers. looks like its me you whale and james.

long on FUZZION!
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Sebastien256

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #13 on: August 06, 2014, 04:13:42 am »

Seb, forget 9 hodlers. looks like its me you whale and james.

long on FUZZION!

yeah, that only us active here in the topic, but there in the link it seems that there is 9 hodlers:
https://nxtblocks.info/#section/assets_exchange/stakeholders/5053136014193078855

Unless some of us have more than one address. That might be the case.... I did not take the time to check that.
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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #14 on: August 06, 2014, 04:36:37 am »

It is not clear to me what shares this 250000 NXT is, into the initial 20000 shares that he offers or will it be taken in the 50% shares that he kept for him. In fact, from his second post in this topic, i would not be suprise that the 9750 shares are not from him. Anyway, as a stakeholder (altougth tiny one  :D), I would like to know what whale have to say about this.

Sorry. I went out for some food. That 9750 was me. It was meant to be 10,000 but too many people rushed in and nibbled the sell order before I could get some Nxt into my wallet. I wasn't expecting it be gone within minutes...

I'm going to fix up the ANN thread (you all need to follow twitter) and start adding coins over the week. Remember, this is for long term investments but if I feel that a particular investment has peaked, I will sell it to reinvest at a lower price (thus getting a bigger position). Hopefully in a years time we have a big bag of goodies  ;D
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whale

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #15 on: August 06, 2014, 04:40:01 am »

Seb, forget 9 hodlers. looks like its me you whale and james.

long on FUZZION!

What happens if none of us sell? haha.

Twitter link should work now. I recently changed the symbol from XFN to FZN and the link was displaying the wrong symbol.
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whale

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Re: [ANN][OFFERING] Fuzon (FZN) | An Asset Built Upon Success
« Reply #16 on: August 06, 2014, 05:04:31 am »

Will this asset pay dividends?

No. But the value of each FZN should continue to grow as more cryptocurrencies are added to the portfolio. It like an all-in-one cryptocurrency.
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jefdiesel

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Re: [ANN] Fuzon (FZN) | First Round Sold Out | An Asset Built Upon Success
« Reply #17 on: August 06, 2014, 05:20:52 am »

again, well worth the roll
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megashira1

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Re: [ANN] Fuzon (FZN) | First Round Sold Out | An Asset Built Upon Success
« Reply #18 on: August 06, 2014, 05:23:23 am »

Don't understand the 25 NXT valuation. The fund holds 500000 NXT / 100000 shares = 5 NXT
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whale

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Re: [ANN] Fuzon (FZN) | First Round Sold Out | An Asset Built Upon Success
« Reply #19 on: August 06, 2014, 06:24:06 am »

Don't understand the 25 NXT valuation. The fund holds 500000 NXT / 100000 shares = 5 NXT

To prevent one person from buying the entire amount. Just like any asset/ cryptocurrency, there is a degree of speculation (cryptocurrencies being a prime example). Right now Fuzon is like an empty bucket, but over time it is going to get more and more filled. Hopefully, there will come a point where you won't need to hold various cryptocurrencies, you just need to own Fuzon. The first offering round is not the only way Fuzon is backed. I am actively talking to devs to arrange off the book deals and putting my own BTC profits into the fund as well. Also you are paying for convenience and professionalism. Most people who are new to crypto can't even read the graphs or have any prior knowledge of how the markets behave. Fuzon will bridge this gap. It is basically a foundation for a much greater vision.

I'm going to start making dates and times for twitter announcements. I have 1% of a coin which is being added to the portfolio and I also have another announcement. The twitter announcements are going to be like lucky draws. Some days it will be a small surprise, other days it will be significant. At the end of the day, bags of successful cryptocurrencies are increasing which means your holdings are increasing. Bit by bit.

Finally. Your calculation is correct but there is only 20,000 FZN in circulation. When the future FZN's are put up for sale, they will also bring more Nxt into the portfolio and judging from the speed of the first round, I'll be re-evaluating a higher price for the final offering. Basically I'm saying that you calculated the entire supply, but only 20% of the supply was sold, therefore you would get a price disparity.

I hope that helps  :)
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