elective-stereophonic
elective-stereophonic
[ANN] Phoenix PHX - Crypto Holdings
Please login or register.

Login with username, password and session length
Advanced search  

News:

Latest Stable Nxt Client: Nxt 1.12.2

Pages: [1] 2 3 ... 5  All

Author Topic: [ANN] Phoenix PHX - Crypto Holdings  (Read 14315 times)

PHX

  • Jr. Member
  • **
  • Karma: +22/-37
  • Offline Offline
  • Posts: 20
    • View Profile
[ANN] Phoenix PHX - Crypto Holdings
« on: February 27, 2015, 08:51:44 am »

Name: Phoenix (PHX)

Asset ID: 15610018253699198756

Supply: 10,000,000

Advisor: whale, Nxtinspect

Phoenix (PHX) is an initiative to help fund crypto startups, altcoins and other related projects. It does not pay dividends, rather it uses Net Asset Value (NAV) as a price indicator.

By supporting the crypto ecosystem, carefully selected projects are able to reach their full potential by applying for funding requests. In return, Phoenix negotiates a percentage of the projects assets.

Furthermore, other value-increasing initiatives will be undertaken; such as altcoin, mining and precious metal investments.

Phoenix aims to be one of the most well-rounded and respected assets on the NXT AE through aggressive investment decisions.

Fundraiser:

On February 27 2015 at 20.00 UTC our offering will commence.

Asset distribution:

9,000,000 shares @ 0.1 NXT will be put up for sale (6,000,000 on the NXT AE and 3,000,000 on an exchange which will be announced in a few days)

1,000,000 shares will be distributed among management

All Phoenix projects, status, holdings and grants will be listed under a dedicated board:  https://nxtforum.org/phoenix/
« Last Edit: February 27, 2015, 12:51:37 pm by PHX »
Logged

whale

  • Sr. Member
  • ****
  • Karma: +55/-80
  • Offline Offline
  • Posts: 427
  • Banned!
    • View Profile
Re: ANN - Phoenix
« Reply #1 on: February 27, 2015, 09:13:25 am »

I can confirm that I am assisting PHX on the project. I have overseen the asset from the concept phase to release. The plan is solid, diversified and it will provide a needed service to other crypto projects. Think of Phoenix as a NXTventure/ Shark Fund type asset with a dedicated, full time manager. I have been provided with social media profiles and personal identification (drivers license) as verification. As stated, I will hold an advisory role in the project due to a well documented history of success in crypto.

I look forward to the opportunity!
Logged

chanc3r

  • Hero Member
  • *****
  • Karma: +124/-50
  • Offline Offline
  • Posts: 1019
  • NXTInspect
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #2 on: February 27, 2015, 10:35:23 am »

NXTi would like to confirm that we will be assisting PHX & the fund with its ongoing opportunity analysis.

PHX has made a full disclosure to us regarding identity to NXTi, including proof of address, national ID etc.

This is not a recommendation to invest in this asset, simply a confirmation of the association that NXTi have agreed to enter into.


EDIT: sorry for the misunderstanding - I have edited this post to highlight the main point of it - the rest was simply for information, i.e. we are happy doing this because we know who PHX is, we are not attempting to replace other public verification services.
« Last Edit: February 27, 2015, 04:13:04 pm by chanc3r »
Logged
NXT: 29996814460165 (NXT-JTA7-B2QR-8BFC-2V222)
@imrimr @NXTinspect

PHX

  • Jr. Member
  • **
  • Karma: +22/-37
  • Offline Offline
  • Posts: 20
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #3 on: February 27, 2015, 10:40:26 am »

reserved for later
« Last Edit: February 27, 2015, 01:56:13 pm by PHX »
Logged

printshop

  • Hero Member
  • *****
  • Karma: +123/-317
  • Offline Offline
  • Posts: 1004
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #4 on: February 27, 2015, 02:38:09 pm »

NXTi would like to confirm that we will be assisting PHX & the fund with its ongoing opportunity analysis.

PHX has made a full disclosure to us regarding identity to NXTi, including proof of address, national ID etc.

This is not a recommendation to invest in this asset, simply a confirmation of the association that NXTi have agreed to enter into.

It's nice that this was done. However this is a 180 from what I need as an investor. I won't go through the long list of reasons why the community does not need yet another organization to verify people's existence. Ardeva and other companies already do that quite well and are real, existing, funded and successful corporations. Heck, even proving you have a BTCjam account in good standing is better5 than this.

What I need as an investor is knowledge that there is a business plan, that PHX knows what he's doing, and that there is actually a chance in hell of this succeeding. Have you been able to see his books? Has he done any backtesting? Can I see a prospectus? If this is a VC, how much of his own money is he using for this, and what is his VC experience? Is there an office or telephone number? Thanks.

PHX

  • Jr. Member
  • **
  • Karma: +22/-37
  • Offline Offline
  • Posts: 20
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #5 on: February 27, 2015, 02:45:48 pm »

NXTi would like to confirm that we will be assisting PHX & the fund with its ongoing opportunity analysis.

PHX has made a full disclosure to us regarding identity to NXTi, including proof of address, national ID etc.

This is not a recommendation to invest in this asset, simply a confirmation of the association that NXTi have agreed to enter into.

It's nice that this was done. However this is a 180 from what I need as an investor. I won't go through the long list of reasons why the community does not need yet another organization to verify people's existence. Ardeva and other companies already do that quite well and are real, existing, funded and successful corporations. Heck, even proving you have a BTCjam account in good standing is better5 than this.

What I need as an investor is knowledge that there is a business plan, that PHX knows what he's doing, and that there is actually a chance in hell of this succeeding. Have you been able to see his books? Has he done any backtesting? Can I see a prospectus? If this is a VC, how much of his own money is he using for this, and what is his VC experience? Is there an office or telephone number? Thanks.

Interesting subjects you bring up here. I'll answer a part of it and let chanc3r and whale take the rest.

First of all, do you think that whale and chanc3r would have jumped into a boat with me if i hadn't proven myself on forehand?

Second, there's a reason i have advisors and don't manage this by myself.

And last, this asset is not meant to check up on people. It's porpoise is to help new or existing ventures. Think of it as BOOST reborn. You did ask for a BOOST grant not long ago didn't you?

I'll leave all the rest of the comments to chanc3r and whale if they think i missed something.
Logged

KarlKarlsson

  • Hero Member
  • *****
  • Karma: +79/-25
  • Offline Offline
  • Posts: 711
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #6 on: February 27, 2015, 03:59:19 pm »

NXTi would like to confirm that we will be assisting PHX & the fund with its ongoing opportunity analysis.

PHX has made a full disclosure to us regarding identity to NXTi, including proof of address, national ID etc.

This is not a recommendation to invest in this asset, simply a confirmation of the association that NXTi have agreed to enter into.

It's nice that this was done. However this is a 180 from what I need as an investor. I won't go through the long list of reasons why the community does not need yet another organization to verify people's existence. Ardeva and other companies already do that quite well and are real, existing, funded and successful corporations. Heck, even proving you have a BTCjam account in good standing is better5 than this.

What I need as an investor is knowledge that there is a business plan, that PHX knows what he's doing, and that there is actually a chance in hell of this succeeding. Have you been able to see his books? Has he done any backtesting? Can I see a prospectus? If this is a VC, how much of his own money is he using for this, and what is his VC experience? Is there an office or telephone number? Thanks.

I like the way NXTi handles those cases, thanks whale and chanc3r.

But I don't like the way you are always speaking for the community, you overrate yourself pretty much. Let people decide on their own if they want to invest since decentralization wouldn't even work without people thinking and deciding on their own.

Will have a closer look at the asset and most probably invest some NXT.
Logged
NXTinfo.org - Your toolbox to become an Asset Expert! | Twitter | Facebook | ZapChain

PHX

  • Jr. Member
  • **
  • Karma: +22/-37
  • Offline Offline
  • Posts: 20
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #7 on: February 27, 2015, 04:41:53 pm »

little over 3 hours left and i release the first wave of shares.

Once again, i want to state this clearly: NXTI do for Phoenix what they do best: CONSULT and hold a majority of Phoenix funds in escrow for added security . Nothing more, nothing less.

I am the one who will handle the fund, and i am the one who is to be held accountable in case anything goes wrong. And that's why NXTI has my information so in case i decide to run away with the funds, they can organize and angry mob and hunt me down since they know who i am and where i live  ;)
Logged

printshop

  • Hero Member
  • *****
  • Karma: +123/-317
  • Offline Offline
  • Posts: 1004
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #8 on: February 27, 2015, 04:44:19 pm »

NXTi would like to confirm that we will be assisting PHX & the fund with its ongoing opportunity analysis.

PHX has made a full disclosure to us regarding identity to NXTi, including proof of address, national ID etc.

This is not a recommendation to invest in this asset, simply a confirmation of the association that NXTi have agreed to enter into.

It's nice that this was done. However this is a 180 from what I need as an investor. I won't go through the long list of reasons why the community does not need yet another organization to verify people's existence. Ardeva and other companies already do that quite well and are real, existing, funded and successful corporations. Heck, even proving you have a BTCjam account in good standing is better5 than this.

What I need as an investor is knowledge that there is a business plan, that PHX knows what he's doing, and that there is actually a chance in hell of this succeeding. Have you been able to see his books? Has he done any backtesting? Can I see a prospectus? If this is a VC, how much of his own money is he using for this, and what is his VC experience? Is there an office or telephone number? Thanks.

Interesting subjects you bring up here. I'll answer a part of it and let chanc3r and whale take the rest.

First of all, do you think that whale and chanc3r would have jumped into a boat with me if i hadn't proven myself on forehand?

Second, there's a reason i have advisors and don't manage this by myself.

And last, this asset is not meant to check up on people. It's porpoise is to help new or existing ventures. Think of it as BOOST reborn. You did ask for a BOOST grant not long ago didn't you?

I'll leave all the rest of the comments to chanc3r and whale if they think i missed something.

Honestly speaking, I have no idea what NXTinspect has done in the capacity of "advisor". All we know about you and your business is that NXTinspect is advising you and has a copy of your ID.

So here's the basic problem. You are proposing we give you money which you will use to do VC-like activities. Can you provide any assurance to us that you know what you are doing, and that you have a vested interest in the success of the business activity?

What I need as an investor is knowledge that there is a business plan, that PHX knows what he's doing, and that there is actually a chance in hell of this succeeding. Have you been able to see his books? Has he done any backtesting? Can I see a prospectus? If this is a VC, how much of his own money is he using for this, and what is his VC experience? Is there an office or telephone number? Thanks.

I like the way NXTi handles those cases, thanks whale and chanc3r.

But I don't like the way you are always speaking for the community, you overrate yourself pretty much. Let people decide on their own if they want to invest since decentralization wouldn't even work without people thinking and deciding on their own.

Will have a closer look at the asset and most probably invest some NXT.

If I read this two or three months ago I might have been a little more shocked. But honestly, if you are planning to invest in this based on what's been presented in this thread, you deserve to lose your money. PHX is asking for our investment dollars, and these kinds of questions are going to become more and more normal. Ask yourself, how can you differentiate this from any other random scam? What exactly has NXTinspect done here? What assurance do we have as investors? Nothing?

You speak of decentralization but that isn't the issue here. Decentralization is a means to avoid taxes which leads to big government. Perhaps to a degree, to add privacy to avoid other similar issues. But beyond that it ends. Decentralization is not about faulty business practices. This guy wants to open a VC company fine, but if he wants my money I want to know what he's going to do with it.

PHX

  • Jr. Member
  • **
  • Karma: +22/-37
  • Offline Offline
  • Posts: 20
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #9 on: February 27, 2015, 04:52:55 pm »

Printshop, you keep asking what i'm going to do with the money.... did you read the asset description?

''By supporting the crypto ecosystem, carefully selected projects are able to reach their full potential by applying for funding requests. In return, Phoenix negotiates a percentage of the projects assets.

Furthermore, other value-increasing initiatives will be undertaken; such as altcoin, mining and precious metal investments.

Phoenix aims to be one of the most well-rounded and respected assets on the NXT AE through aggressive investment decisions. ''


Have you read anything i said on the thread? The part about reviving BOOST...

I'm not going to waste more of my time arguing with you on this asset. As far as i'm concerned, your word has as little value as a noobie. You're full of ventures, all failing one after another. All i ask of you is to sit back and let me have a shot at it as well. You know.... decentralize the AE a bit since it's full of your assets atm...
Logged

printshop

  • Hero Member
  • *****
  • Karma: +123/-317
  • Offline Offline
  • Posts: 1004
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #10 on: February 27, 2015, 06:04:24 pm »

Printshop, you keep asking what i'm going to do with the money.... did you read the asset description?

''By supporting the crypto ecosystem, carefully selected projects are able to reach their full potential by applying for funding requests. In return, Phoenix negotiates a percentage of the projects assets.

Furthermore, other value-increasing initiatives will be undertaken; such as altcoin, mining and precious metal investments.

Phoenix aims to be one of the most well-rounded and respected assets on the NXT AE through aggressive investment decisions. ''


Have you read anything i said on the thread? The part about reviving BOOST...

I'm not going to waste more of my time arguing with you on this asset. As far as i'm concerned, your word has as little value as a noobie. You're full of ventures, all failing one after another. All i ask of you is to sit back and let me have a shot at it as well. You know.... decentralize the AE a bit since it's full of your assets atm...

This is the response I get when I ask to see a business plan, and ask what your experience is as a VC?

Really?

PHX

  • Jr. Member
  • **
  • Karma: +22/-37
  • Offline Offline
  • Posts: 20
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #11 on: February 27, 2015, 08:03:38 pm »

almost 5 million shares were sold instantly. 1 million left.

Congrats to all who bought in early!

All funds raised so far were sent to escrow acc NXT-8YE8-SZBU-BNMH-9F8SF held by NXTI
« Last Edit: February 27, 2015, 08:07:48 pm by PHX »
Logged

TwinWinNerD

  • Hero Member
  • *****
  • Karma: +222/-116
  • Offline Offline
  • Posts: 2012
  • CEO BitPanda.com
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #12 on: February 27, 2015, 09:50:41 pm »

almost 5 million shares were sold instantly. 1 million left.

Congrats to all who bought in early!

All funds raised so far were sent to escrow acc NXT-8YE8-SZBU-BNMH-9F8SF held by NXTI

Who holds the escrow?

I want a confirmation from that person please.

chanc3r

  • Hero Member
  • *****
  • Karma: +124/-50
  • Offline Offline
  • Posts: 1019
  • NXTInspect
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #13 on: February 27, 2015, 09:54:27 pm »

almost 5 million shares were sold instantly. 1 million left.

Congrats to all who bought in early!

All funds raised so far were sent to escrow acc NXT-8YE8-SZBU-BNMH-9F8SF held by NXTI

Who holds the escrow?

I want a confirmation from that person please.

I hold that passphrase.
Logged
NXT: 29996814460165 (NXT-JTA7-B2QR-8BFC-2V222)
@imrimr @NXTinspect

PondSea

  • Jr. Member
  • **
  • Karma: +12/-14
  • Offline Offline
  • Posts: 82
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #14 on: February 27, 2015, 10:12:40 pm »

almost 5 million shares were sold instantly. 1 million left.

Congrats to all who bought in early!

All funds raised so far were sent to escrow acc NXT-8YE8-SZBU-BNMH-9F8SF held by NXTI

Who holds the escrow?

I want a confirmation from that person please.

I hold that passphrase.

Can you confirm the nxt will be released on a need to basis? This way nxtinspect can vet the new asset too, to make this a success.

I hold 10% of the asset if that gives some weight behind my question.
Logged

PHX

  • Jr. Member
  • **
  • Karma: +22/-37
  • Offline Offline
  • Posts: 20
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #15 on: February 27, 2015, 10:16:23 pm »

I can confirm that the funds will be released only when needed. All funds raised till now are in NXTI escrow.

The 6 million i put up for sale just got filled. 3 million remaining to be sold for BTC on an exchange we will announce soon.
Logged

chanc3r

  • Hero Member
  • *****
  • Karma: +124/-50
  • Offline Offline
  • Posts: 1019
  • NXTInspect
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #16 on: February 27, 2015, 10:19:26 pm »

almost 5 million shares were sold instantly. 1 million left.

Congrats to all who bought in early!

All funds raised so far were sent to escrow acc NXT-8YE8-SZBU-BNMH-9F8SF held by NXTI

Who holds the escrow?

I want a confirmation from that person please.

I hold that passphrase.

Can you confirm the nxt will be released on a need to basis? This way nxtinspect can vet the new asset too, to make this a success.

I hold 10% of the asset if that gives some weight behind my question.

When I release any NXT it will be because the management team of Phoenix are in agreement for the purpose and I will post any release in the relevant forum threads.

I also invested in the asset so I also have an interest in the security of the funds.
Logged
NXT: 29996814460165 (NXT-JTA7-B2QR-8BFC-2V222)
@imrimr @NXTinspect

PondSea

  • Jr. Member
  • **
  • Karma: +12/-14
  • Offline Offline
  • Posts: 82
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #17 on: February 27, 2015, 10:59:18 pm »

great!
Logged

whale

  • Sr. Member
  • ****
  • Karma: +55/-80
  • Offline Offline
  • Posts: 427
  • Banned!
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #18 on: February 27, 2015, 11:21:58 pm »

almost 5 million shares were sold instantly. 1 million left.

Congrats to all who bought in early!

All funds raised so far were sent to escrow acc NXT-8YE8-SZBU-BNMH-9F8SF held by NXTI

Who holds the escrow?

I want a confirmation from that person please.

I hold that passphrase.

Can you confirm the nxt will be released on a need to basis? This way nxtinspect can vet the new asset too, to make this a success.

I hold 10% of the asset if that gives some weight behind my question.

Which is why I'm advising. PHX would need to get my approval before funds can be requested from NXTinspect.

The 6,000,000 PHX on NXT AE sold out quickly! If you missed out, the final 3,000,000 PHX will be sold on an exchange once confirmed.
Logged

PondSea

  • Jr. Member
  • **
  • Karma: +12/-14
  • Offline Offline
  • Posts: 82
    • View Profile
Re: [ANN] Phoenix PHX - Crypto Holdings
« Reply #19 on: February 27, 2015, 11:28:11 pm »

might buy more then  :)
Logged
Pages: [1] 2 3 ... 5  All
 

elective-stereophonic
elective-stereophonic
assembly
assembly