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Author Topic: [ANN] Hedge Fund NXT (weekly dividends) Spanish BTC company  (Read 42791 times)

lopalcar

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HEDGE FUND NXT

Asset ID: 10160127190599911503
Issuer account: NXT-CKL3-G77Y-6LFW-H7XHC
Direct BTC investment address: 1HFNxT1y8aUMVREEFpoHwoVdac7rfGxaDh     OR      send MGW bitcoin "superBTC assetID: asset ID:12659653638116877017" assets to the issuer account

Objectives:

-Basic criteria is working how business angels for interesting enterprises and ideas.
-Investments are prioritized with ethics, social and ecological projects.
-Investing in assets denominated in all crypto-currencies. But priority is for all nominated in BTC.
-Investing in stocks, bonds, funds and loans.
-Initially all business are in Internet but in one future it's possible invest also in stock markets (ex. NASDAQ, NYSE, EUROSTOCK, ...).
-Looking to increase value investing. Normally reinvest a percentage of the profits.
-Invest looking sustainable and to diversify risk.

Economic management

-Dividend payout (aprox): 50%. Normally weekly. Dividends are not regular
-Any costs that may occur will be deducted from incomes
-Administration fee: 5%
-Divestments can generate extraordinary dividends


Basic Data:

-Each share will be valued in bitcoins
-Value per share: 0.00175BTC "updated after first week"
-Initially issued 1,000,000.00 assets, in case all of them are sold out, another asset with more supply could be created and old assets
-The shares sold in the nxt asset exchange from the issuer account will be adjusted to a price accordingly to their value in BTC as often as considered. “At the time writing, each share would cost 41nxt”
-Current weekly dividends are around 1%


Business information:

The company Bitcoin Investors Trust, SLU it's a company founded as limited society en the year 2015 in Girona, although the first managed fund started to list in LitecoinInvest.com in the month of March of the year 2014.
Currently manage the investment funds “Hedge Fund BTC (in bitcoins)”, “Hedge Fund Litecoin (in litecoins)” and “Hedge Fund EUR(in euros)” in addition to this new fund.
It has over 200 small shareholders.
Its goal is the investment in crypto-currency related projects.
Currently, the invested capital in the company is around 500,000€.

Main investments:

-100% of ATMs Bitcoin Exchange, SLU. This company manages Bitcoin ATMs distributed among the Spanish national territory-> see map

-100% of Bitphone. In this web you can refill your phone with the most important operators of more than 100 countries with your bitcoins.

- 40% of Cryptobit, SL. This company has developed an application which allows bussines to collect their charges in BTC.

-16.67% of the mining farm HashingWorld. There you can mine both sha256 and script coins on request.

-15% of bit2me. In this web you can buy and sell bitcoins online in every ATM from the Halcash network

-40% of BTC Fácil. This company is specialized in IT developments related to bitcoin. Thanks to a technological agreements with the University Rey Juan Carlos de Madrid, a team of higly qualified engineers works researching and developing products for the virtual universe.
 
-The asset exchange webpage LitecoinInvest The investment fund has propriety over the unsold shares of Sketis-Invest. This web easily allows the exchange of shares from crypto-projects which wish to enable trading over their shares.

-Other minor investments in cloud mining and altcoin funds

General conditions:

-Dividends will be paid every Tuesday
-Asset sells from issuer account will be halted Sundays around 00:00 GMT +1 and dividends will be calculated at some point along the Tuesdays, so keep your assets till the dividend payment is received.
-The profitability is obtained from the earnings of the investments in business: Current profitability does not guarantee future profitability.
-We can stop selling assets when we consider appropriate.
-In order to request a buyback, initially must have been passed 6 months since the investment, although we didn't have any cases after one year of operation. So if the case is given, we can negotiate a buyback before 6 months.
-Private investors are accepted.
-Even if you are one big investor, you can't own the company. This doesn't mean you can't participate, you will be more than welcome, but we have a democratic and historical way to manage the company, so the old members, specially the founders, will have the last word, but they will hear suggestions with good reasoning.


Personal opinions, suggestions and short history about the fund:

-I'm starting this fund after getting permission from company CEO's "Miquel Pavón", a guy I recently had the pleasure to know and meet with in person. I recently invested in his company with my litecoins because I see it as a very good business with almost any competition in our country, so the grow potential is tremendous and this weekly benefits makes sense for me with the BTC ATMs fees and profits from selling them.
Although other main members of the company aren't so keen on nxt, Miquel has heard me and accepted the idea of make this fund, so I will do my bests for manage it with your help, and maybe, if this works properly, other members of the company start to see nxt with other eyes and become more interested in it "I think this would be great cause this company works at street level, so this would definitively boost nxt".
I'm not promissing anything about the company working with nxt, all I managed to get is create this fund "I suggested many other ideas about how to use nxt, but they aren't interested", so let's try to make this work and grab their attention.

-For bulk orders of shares, I strongly suggest to contact me for buy them directly in BTC and prevent us from dumping more nxt in order to get bitcoins. I will accept also multigateway bitcoins.

-Even for small orders, If you "as me" prefer not to dump nxt in the market, you can also contact me in the fund nxt account through nxt AM, or here in the forum in order to make the deal directly in BTC and transfer the assets to your account instead of buy them directly in the asset exchange. If you send superBTC "asset ID:12659653638116877017" directly to my nxt account, you don't need to contact me previously, but if you send to the fund BTC address, please contact me first for identify the buyer.

-The risks I see for this company, are more or less the same risks as bitcoin failing "that's why the price is fixed in BTC". The short term purpose of this company is with bitcoin ATMs, so not a really big risk here, other departments work with more risky matters, but the biggest part is in ATMs. If some money is lost from other activities, we could expect lower dividends till it's balanced.
In case the company bankrupts, there are many physical things to sell and pay earnings as dividends "hope this never become a necessity".

-In the short term, we are building 6 more ATMs, and there are around 50 incoming

-As universal rule for any investment: DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE
« Last Edit: May 02, 2016, 05:42:47 pm by lopalcar »

lopalcar

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Any question is welcome.
I'm not native English, so sorry if there are strange expressions.
Will be back in one and half hour or so

Paws1t1veEV

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Is this the same management as hedge fund LTC and hedge fund BTC on Litecoin invest?

I had a couple BTC invested there with great returns.

lopalcar

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Is this the same management as hedge fund LTC and hedge fund BTC on Litecoin invest?

I had a couple BTC invested there with great returns.

Yes, same company behind, unless this fund will be managed by me as intermediary.
I will collect money and send to them, then they will send me the corresponding part to pay the dividends. So the dividends will be the same as the other funds.
Hope this fund gets at least the same number of investors as the ones already running in litecoininvest.

We are doing this way because they don't know a lot about nxt, so I offered myself to do it.

VanBreuk

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I'd like to point out that lopalcar had posted already about his project in the Spanish board here, where there's been already some discussion.
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LibertyNow

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LIQUID just picked up your latest dump of 50k+ at about 6-7% below market avg.  Rather than unloading on the market and hurting the NXT price, contact me about using OnDemand.  I float the orders above market price so it doesn't jolt the system so hard and you get a way better price.  http://www.liquidtech.info/ondemand

All asset IPO's should use this.  It's just stupid giving away 5% value of your initial investment as your first trading decision.  PM ME or I'm "LibertyNow" on SuperNet Slack.

LibertyNow
« Last Edit: October 28, 2015, 01:48:32 pm by LibertyNow »
LQD NXT:17750387231635486778, EDGE NXT: 10713749908351947210
LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE

Damelon

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LIQUID just picked up your latest dump of 50k+ at about 6-7% below market avg.  Rather than unloading on the market and hurting the NXT price, contact me about using OnDemand.  I float the orders above market price so it doesn't jolt the system so hard and you get a way better price.  http://www.liquidtech.info/ondemand

All asset IPO's should use this.  It's just stupid giving away 5% value of your initial investment as your first trading decision.  PM ME or I'm "LibertyNow" on SuperNet Slack.

LibertyNow

I agree with this. If the first thing that happens after a succesful fundraising is a drop in NXT value, it will create a down spiral every time someone is succesful. :)

There are several ways of dealing with this: use a service like OnDemand ór plan how you are going to liquidate. Why not sell off market? There are also plenty of larger buyers who would be happy to buy a lump off the market and could be trusted not to dump.

Lets be creative about this!
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lopalcar

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LIQUID just picked up your latest dump of 50k+ at about 6-7% below market avg.  Rather than unloading on the market and hurting the NXT price, contact me about using OnDemand.  I float the orders above market price so it doesn't jolt the system so hard and you get a way better price.  http://www.liquidtech.info/ondemand

All asset IPO's should use this.  It's just stupid giving away 5% value of your initial investment as your first trading decision.  PM ME or I'm "LibertyNow" on SuperNet Slack.

LibertyNow

Thanks a lot for the offer, I have in mind ask for something like this, I will definitively contact you very often.
If I dump them in polo, the price is similar at the end, and I have a bit hurry about sending the btcs to the company.
Will talk to you via PM for don't need to this this stupid movements anymore :)

lopalcar

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I agree with this. If the first thing that happens after a succesful fundraising is a drop in NXT value, it will create a down spiral every time someone is succesful. :)

There are several ways of dealing with this: use a service like OnDemand ór plan how you are going to liquidate. Why not sell off market? There are also plenty of larger buyers who would be happy to buy a lump off the market and could be trusted not to dump.

Lets be creative about this!

Yes, that is why I asked about buy directly in BTC, I'm the first one suffering about dump nxt

lopalcar

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I had a talk with libertynow, I will be in contact with him for around 2BTC or more orders only, as you see, at the moment, the asset is a little overpriced "I expected this to encourage investors to buy directly in BTC and give me more margin due to volatility in price, I don't want to cover losses with my own money", for now, I will be setting buy orders in the MGW instead of dump them directly, and if I get a noticeable profit from the trades I will send some extra assets to the buyers.

If some occasional nxt buyer want to buy nxts directly from me from the asset sells, don't doubt in send me a PM. I know, it's a pitty have to dumb all this nxt, but the company wants only BTC
In addition, if some of you want to buy nxt, don't do it at polo... we have MGW for something, don't you think?

lopalcar

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After some talk with the company CEO, he don't mind to "sell assets at little disscount", so I'm selling assets till Sundays night "around 00:00 GMT +1" and dividends will be distributed among asset holders in Tuesdays "not specific time" so hold your assets till the payment
Thanks to all investors and hope you like this change

Arkh

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Hi,

What do you mean by "sell assets at little disscount" ? What's the original price and the discounted price ?

If I understant correctly next div will be on Tuesday 3rd November, right ?

Thanks

lopalcar

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Hi,

What do you mean by "sell assets at little disscount" ? What's the original price and the discounted price ?

If I understant correctly next div will be on Tuesday 3rd November, right ?

Thanks

I mean, that even if you buy in Sunday, you will get the full week dividends, so it's something less than a 1.6% discount "current weekly dividend", is not a discount itself, but it's the same effect I think :)
Yes, next dividend will be on Tuesday 3rd, I will halt assets sell on Sunday midnight and reopen after dividends

rubenaco

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I'm in, I've had lots of attention from lopalcar, good guy ;D

Arkh

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Thank you for the explanation, I'm in ! ;)

futurist

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In addition, if some of you want to buy nxt, don't do it at polo... we have MGW for something, don't you think?

Yes!

lopalcar

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Tomorrow dividends with welcome gift "that means: DOUBLE DIVIDENDS!"
The gift will be payed from the dividends I received from my 7.15BTC investment in my own fund :P "account NXT-T6XN-KVAB-L7Y4-AGZJ9"
So the dividends will be deducted from that account when MGW dividends plugin wants to work "the account appears with no balances and all assets show 0 in the GUI, maybe some bugs due to servers running new NRS version 1.6.2... don't know, will check tomorrow again"
Following weeks dividends will be payed using the dividend payment transaction from the core

I just sold 0.0846BTC @ 0.000208BTC -> 4057nxt at polo, I will sell the other 0.0846 in MGW -> tx ID: 11015791446312591697 "feel free to buy them"

Going to sleep now, lets see this crazy market tomorrow, good prices for buy nxt, but surprisingly many people dumping  :'(
Good for payouts of this week but bad for nxt

If I'm not wrong, yo can expect around 1.6nxt per share or aroud 3.5% back

Good night!

 

lopalcar

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First dividend paid! tx ID: 399094832439252659 -> around 3.48% return this first week, you can expect half of this following weeks.
Thanks again to the first week investors!

Setting up new sell order, like first week, if possible, invest directly in BTC

lopalcar

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Will post some news tonight, very good and unexpected new for current investors, it made my day "or year" :D I even asked Miquel several times if was for real...

lopalcar

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I'm quite busy this week, that is why I can't spend many time setting up and down AE orders with all this price fluctuations.

First, some news about company's last week:
The main new is that we have sold some ATMs to a company in Denmark which will install the in Denmark, London and Sweden
In addition, a new kind of ATM, with more banknotes capacity is being built and is almost ready "this ATM is almost 5 times more expensive than the normal ones", here you can see the group of engineers working on it in Madrid, the guy with the blue shirt is Miquel :) The above mentioned company already booked one of this new ATMs



Now, the better new for investors:
After more than a year in which the company have grew a lot, they decided to change the actions price and reduce dividends "they don't see fair that new investors invest with less risk in a quite stabilized company as the first ones months ago", but current investors will conserve the current amount of assets. Miquel corroborated me that this effectively means that we insta-gained a 60%! (plus price decline of nxt against BTC)
New actions will worth 0.0016BTC with a 1% weekly return

I think we had much luck investing now :)
He said me that he don't mind if someone want some BTC back, but better if you sell the amount you want directly in the AE before my sell walls, I already said that investment should last 6 months at least, so ask now for rebuy would be quite ugly IMHO
Maybe this change doesn't sound so attractive for new investors, but I believe that a 4% steady monthly return is a good deal also

Hope you like it and still want to invest with new conditions!

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