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What will happen to the coinomat/cryptofund family of assets with Waves?  
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Author Topic: What will happen to the coinomat/cryptofund family of assets with Waves?  (Read 4831 times)

theB

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So Waves crowdsale is going on and I just noticed that all of coinomat's NXT AE assets are swappable for Waves tokens. I figured these would continue to live on the Waves network but am I mistaken? Is owning these a dead-end street now? Or will there be asset swaps to the same thing on the Waves network?
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yassin54

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sorry for bad explain, but very hard for me  :D

so

you can swap asset for waves but for 1 MAY, if you need Waves!!
but it is not obligation for swap, you can hold your Asset in Nxt for moment ;)
you can look detail swap here https://blog.wavesplatform.com/coinomat-assets-to-waves-tokens-swap-procedure-c62abe0c5ddd#.3uzzm0bco

i think when waves is available, Assets will exist on the Waves

if sasha confirm just be sure?  :)

Sorry again for bad explain!! jeje  ;D

« Last Edit: April 17, 2016, 01:20:49 pm by yassin54 »
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LocoMB

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sorry for bad explain, but very hard for me  :D
 
you can swap asset for waves but for 1 MAY, if you need Waves!!
 

errrmm.. soryy I have to ask for specifics:

You mean that starting from 1 MAY, it is possible to swap assets?
And then for how long? Until 31 MAY?

This is my impression, can you confirm?
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yassin54

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sorry for bad explain, but very hard for me  :D
 
you can swap asset for waves but for 1 MAY, if you need Waves!!
 

errrmm.. soryy I have to ask for specifics:

You mean that starting from 1 MAY, it is possible to swap assets?
And then for how long? Until 31 MAY?

This is my impression, can you confirm?
yes sorry it is 31 May  :-X
sorry i have not details for how long swap

edit: it is 1 MAY for swap !!
« Last Edit: April 17, 2016, 01:21:49 pm by yassin54 »
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yassin54

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another details : "deadline for asset swaps hasn`t been specified yet, after swap is done supply of the assets on the new blockchain will be smaller as swapped assets are being burnt"  :)
« Last Edit: April 16, 2016, 11:47:51 am by yassin54 »
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KarlKarlsson

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Asset swaps start on May 1. The swapped assets will be burnt and the remaining moved to the new blockchain as soon as it's ready.
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barbierir

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So Waves crowdsale is going on and I just noticed that all of coinomat's NXT AE assets are swappable for Waves tokens. I figured these would continue to live on the Waves network but am I mistaken? Is owning these a dead-end street now? Or will there be asset swaps to the same thing on the Waves network?

You have choice, you can either swap them in exchange for wave tokens (that is you lose the asset but get the token) or you can hold the assets and transfer them to wave blockchain where they will continue to live as assets.
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Jukie

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But these swaps will just come out of Coinomat's pockets?

In other words, none of the assets working capitals will be affected by these swaps for waves, effectively raising future divs for people that decide to move their assets to the new blockchain instead of swapping them for waves?

(Less assets in circulation with same divs means more divs per asset)
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yassin54

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Asset swaps start on May 1. The swapped assets will be burnt and the remaining moved to the new blockchain as soon as it's ready.
Thanks for help Bro!!  :-* :-*
« Last Edit: April 17, 2016, 01:32:01 pm by yassin54 »
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barbierir

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In other words, none of the assets working capitals will be affected by these swaps for waves, effectively raising future divs for people that decide to move their assets to the new blockchain instead of swapping them for waves?

That is my understanding as well
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Seccour

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But these swaps will just come out of Coinomat's pockets?

In other words, none of the assets working capitals will be affected by these swaps for waves, effectively raising future divs for people that decide to move their assets to the new blockchain instead of swapping them for waves?

Yes.
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seba

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Re: What will happen to the coinomat/cryptofund family of assets with Waves?
« Reply #11 on: December 06, 2018, 03:43:44 pm »

 :-*
« Last Edit: January 28, 2019, 08:15:32 pm by seba »
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seba

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Re: What will happen to the coinomat/cryptofund family of assets with Waves?
« Reply #12 on: September 13, 2019, 08:01:07 pm »

Email from Sasha 11.06.2019
Dear fellow NXT-ers, as you know I have announced a swap for some outstanding assets that had been issued on NXT chain and were not swapped into Waves tokens during corresponding swap procedure.

We have received a rather negative feedback from community, asset holders who missed Waves swap probably feel a little disappointed. On the other hand, the swap  has happened already three years ago, and I was pretty sure that most of the people had swapped their tokens into Waves.

I really appreciate NXT and NXT community, it has become a cradle of many established projects, including Waves. So I'd like to make sure that people who supported my projects are happy.

 
Most of the negative reaction was caused by the flat swap rate offered for all tokens. It makes sense to offer custom swap procedure for particular tokens, which takes into account their price during the first Waves swap.


Also different tokens can be offered, beyond WCT.
I will offer custom rates for different tokens, and we'll do custom swaps for each token. Some of the tokens will be even swapped for upcoming tokens on Waves, which should give them some additional exposure. Stay tuned for the specific tokens information!

Sasha35625
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seba

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