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swartzfeger

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SuperNET TOKEN from BTER
« on: August 30, 2014, 07:04:48 am »

September 26, 2014: SuperNET asset ID has been issued:

Official SuperNET asset 12071612744977229797
From SuperNET acct as issuer NXT-MRBN-8DFH-PFMK-A4DBM
19rh0tjq9c3micpkiimrm2h9fm6k9llru6rn84rqqb4fkj7sia8kqi1rmk0f3tg173cgasbcbe0ds2b0lc6d7443uepupt2g3ifs3i9dvk40bdlj7cbqtdmg96vl51rrcafved8p61vdmjf00h0fdn39uvcnbe8o

Token should be sent to NXT-7Y5B-J8LQ-SL5P-3ULFL if bought on AE.


---


For those that didn't see it in the other thread (plus this definitely deserves its own thread): James has officially announced Supernetwork details:

http://www.jl777.org/supernetwork-ipo/
https://bitcointalk.org/index.php?topic=762346

edit: changed subject line
« Last Edit: September 26, 2014, 08:43:14 am by swartzfeger »
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swartzfeger

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Re: SuperNET IPO/Poloniex
« Reply #1 on: August 30, 2014, 07:07:49 am »

For those that didn't see it in the other thread (plus this definitely deserves its own thread): James has officially announced Supernetwork details:


http://www.jl777.org/supernetwork-ipo/
https://bitcointalk.org/index.php?topic=762346


And the Poloniex trollbox is buzzing right now -- very fun to follow and see interest outside our little echo chamber here are the forum. Nxt has needed some good news, and this is definitely 'good news'.
« Last Edit: August 30, 2014, 03:46:41 pm by swartzfeger »
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2Kool4Skewl

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Re: Supernetwork IPO/Poloniex
« Reply #2 on: August 30, 2014, 07:59:54 am »

NXT investors get a 5% bonus and if you invest on the first day, you get a 15% bonus.

Protip: 20% bonus if you invest NXT on the first day.
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We are the descendants of Bitcoin.  We are the continuation of the cause it started, but that perished with its centralization.
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jl777

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Re: Supernetwork IPO/Poloniex
« Reply #3 on: August 30, 2014, 08:05:18 am »

NXT investors get a 5% bonus and if you invest on the first day, you get a 15% bonus.

Protip: 20% bonus if you invest NXT on the first day.
There could also be a frequent polo trader bonus, not sure of details yet
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chanc3r

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Re: Supernetwork IPO/Poloniex
« Reply #4 on: August 30, 2014, 08:08:06 am »

For those that didn't see it in the other thread (plus this definitely deserves its own thread): James has officially announced Supernetwork details:


http://www.jl777.org/supernetwork-ipo/
https://bitcointalk.org/index.php?topic=762346


And the Poloniex trollbox is buzzing right now -- very fun to follow and see interest outside our little echo chamber here are the forum. Nxt has needed some good news, and this is definitely 'good news'.

+1440 YES its nice to see the sun rise this morning :)
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swartzfeger

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Re: SuperNET IPO/Poloniex
« Reply #5 on: August 30, 2014, 08:10:00 am »

NXT investors get a 5% bonus and if you invest on the first day, you get a 15% bonus.

Protip: 20% bonus if you invest NXT on the first day.
There could also be a frequent polo trader bonus, not sure of details yet


James, do the bonuses only apply to Poloniex traders, or will regular NXT AE users receive the bonus as well? (or is this detail still being hammered out?)
« Last Edit: August 30, 2014, 03:46:59 pm by swartzfeger »
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jl777

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Re: Supernetwork IPO/Poloniex
« Reply #6 on: August 30, 2014, 08:14:31 am »

NXT investors get a 5% bonus and if you invest on the first day, you get a 15% bonus.

Protip: 20% bonus if you invest NXT on the first day.
There could also be a frequent polo trader bonus, not sure of details yet


James, do the bonuses only apply to Poloniex traders, or will regular NXT AE users receive the bonus as well? (or is this detail still being hammered out?)
NXT and BTCD deposits get 5% bonus
conversion rate is calculated when IPO closes, so there is BTC price change risk, but that can go either way
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Mexxer

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Re: Supernetwork IPO/Poloniex
« Reply #7 on: August 30, 2014, 08:37:04 am »

So how does the revenue sharing look like?

Will it be in form of dividends or just share value appreciation?
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humbot

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Re: Supernetwork IPO/Poloniex
« Reply #8 on: August 30, 2014, 08:51:58 am »

The jl777 effect on BBR was a masterclass in the pump. On the day I just sat back and watched the high BTC walls thrown up and the chatter in the Poloniex trollbox.

Will be interesting to see how the Supernetwork goes.

jl777 - I thought I read somewhere that Supernetwork will be listed on the NXT asset exchange even though the IPO is on Poloniex - can you confirm?
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jl777

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Re: Supernetwork IPO/Poloniex
« Reply #9 on: August 30, 2014, 08:54:13 am »

The jl777 effect on BBR was a masterclass in the pump. On the day I just sat back and watched the high BTC walls thrown up and the chatter in the Poloniex trollbox.

Will be interesting to see how the Supernetwork goes.

jl777 - I thought I read somewhere that Supernetwork will be listed on the NXT asset exchange even though the IPO is on Poloniex - can you confirm?
first off a revaluation caused by a fundamental change is not a pump

IPO on poloniex. Once we have the totals, I issue the asset to create a starting price. Then Polo distributes it to everyone and trading starts. anybody at that point could withdraw and trade on AE

I make bridge from BTC world to NXT world
we are all united, at least we should be
money is the strongest glue
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Silvio

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Re: Supernetwork IPO/Poloniex
« Reply #10 on: August 30, 2014, 08:56:53 am »

Am I too late? Where can I send my BTC & NXT to?  ;D. I also wanna buy a Latte at Starbucks every day!!1
« Last Edit: August 30, 2014, 08:58:54 am by Silvio »
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tersagun

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Re: Supernetwork IPO/Poloniex
« Reply #11 on: August 30, 2014, 09:03:56 am »

Am I too late? Where can I send my BTC & NXT to?  ;D. I also wanna buy a Latte at Starbucks every day!!1

Not yet :-)
And I assume it will take at least few days to Polo implement such a thing which they have never done before if I'm not mistaken.
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JackCelere

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Re: Supernetwork IPO/Poloniex
« Reply #12 on: August 30, 2014, 09:08:41 am »

Amazing, sounds really great! The only think I don't understand is why you've choosen Poloniex instead of Nxt AE to conduct the IPO. Using the Asset Exchange would increase multigateway volume and avoid a too big total volume; this way shares wouldn't be that diluted and small fishes wouldn't be eliminated.

That's a pity, I will have to grudgingly use an exchange, while, at the same time, we have powerfull decentralized tools.
« Last Edit: August 30, 2014, 09:15:07 am by JackCelere »
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jl777

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Re: Supernetwork IPO/Poloniex
« Reply #13 on: August 30, 2014, 09:14:30 am »

So how does the revenue sharing look like?

Will it be in form of dividends or just share value appreciation?
I havent worked out all the details, but it will be like InstantDEX revenue stream that is being mostly for InstantDEX, but many different destinations for the balance of profits
Since Supernetwork will have salary costs of 0, overhead costs of 0 that means all revenues are profits
The chunks of coins are for long term hodl, so that will create the value appreciation
Then I will make a google Adwords style auction system for spots on the crossmarketing page (aka list of available services), so the click revenues from this will be split among asset holders and the various different other destinations, eg. BTCD stakers,  all nodes on supernetwork, coin communities, etc.
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jl777

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Re: Supernetwork IPO/Poloniex
« Reply #14 on: August 30, 2014, 09:15:42 am »

Am I too late? Where can I send my BTC & NXT to?  ;D. I also wanna buy a Latte at Starbucks every day!!1

Not yet :-)
And I assume it will take at least few days to Polo implement such a thing which they have never done before if I'm not mistaken.
IPO in September, will be hard to miss
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vytasz7

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Re: Supernetwork IPO/Poloniex
« Reply #15 on: August 30, 2014, 09:18:17 am »

Amazing, sounds really great! The only think I don't understand is why you've choosen Poloniex instead of Nxt AE to conduct the IPO. Using the Asset Exchange would increase multigateway volume and avoid a too big total volume; this way shares wouldn't be that diluted and small fishes wouldn't be eliminated.

That's a pity, I will have to grudgingly use an exchange, while, at the same time, we have powerfull decentralized tools.

if nxt AE asset excluded from ipo ,its no point to make it later.I gues a lot of nxters would like to participate in ipo through nxt ae not from poloniex.
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Peter2516

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Re: Supernetwork IPO/Poloniex
« Reply #16 on: August 30, 2014, 09:18:59 am »

Quote
This is the network that will be created by joining all the participating coins into a single unified network. Each coin will of course continue to operate normally, but there will be an option to use any of the services that are available in the Supernetwork. Each coin that joins the network makes it bigger and also adds its unique tech that is then crossmarketed to all the other nodes.

What kinds of services are these? Will participating coins start (optionally) using the AE and DGS?  :)
What will 'real life' use cases be? Mixers maybe?
« Last Edit: August 30, 2014, 09:21:00 am by Peter2516 »
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jl777

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Re: Supernetwork IPO/Poloniex
« Reply #17 on: August 30, 2014, 09:22:39 am »

Amazing, sounds really great! The only think I don't understand is why you've choosen Poloniex instead of Nxt AE to conduct the IPO. Using the Asset Exchange would increase multigateway volume and avoid a too big total volume; this way shares wouldn't be that diluted and small fishes wouldn't be eliminated.

That's a pity, I will have to grudgingly use an exchange, while, at the same time, we have powerfull decentralized tools.
Poloniex has helped me in the past. i like to help the ones that believed in me and helped me
My goal is global unification of crypto

Now I hear all this bickering over how we can tell people about NXT. I decide it is better to just show them. Supernetwork will be second biggest IPO behind ETH, at least that is my estimate. Now what is the effect on NXT, when it sinks in that the IPO is for a NXT asset?

We need a bridge between BTC world and NXT world. Money is the best way to bind things together
Also, there is not enough freely available NXT for this IPO and I dont want to get too high a concentration.
BTC is what is needed to get the deals with the new coins done

It is possible for every party to gain, so what is good for NXT is good for BTC is good for all the cryptos
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jl777

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Re: Supernetwork IPO/Poloniex
« Reply #18 on: August 30, 2014, 09:26:46 am »

Amazing, sounds really great! The only think I don't understand is why you've choosen Poloniex instead of Nxt AE to conduct the IPO. Using the Asset Exchange would increase multigateway volume and avoid a too big total volume; this way shares wouldn't be that diluted and small fishes wouldn't be eliminated.

That's a pity, I will have to grudgingly use an exchange, while, at the same time, we have powerfull decentralized tools.

if nxt AE asset excluded from ipo ,its no point to make it later.I gues a lot of nxters would like to participate in ipo through nxt ae not from poloniex.
well you will have to convince poloniex to implement this
I dont have the time to do the tracking and accounting of which day it was deposited, etc.
If you can convinced them to do it, then it is possible, but the problem is I dont know how much will come in, so how much to issue at what price?
If you can solve that too, then I will think about this
Supporting MGW is using up all my time available for non-coding, so I had to outsource all of this and Poloniex is also already dealing with NXT assets
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jl777

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Re: Supernetwork IPO/Poloniex
« Reply #19 on: August 30, 2014, 09:29:18 am »

Quote
This is the network that will be created by joining all the participating coins into a single unified network. Each coin will of course continue to operate normally, but there will be an option to use any of the services that are available in the Supernetwork. Each coin that joins the network makes it bigger and also adds its unique tech that is then crossmarketed to all the other nodes.

What kinds of services are these? Will participating coins start (optionally) using the AE and DGS?  :)
What will 'real life' use cases be? Mixers maybe?
Teleport, InstantDEX, Tradebots, Privatebet these are just from me and of course this leads to AE and DGS
for those that want to make money, I suggest to buy some NXT at these low prices. When the rest of crypto finally discovers all NXT can do, then the price should rebound quite nicely

each coin will also have its own unique service
so basically anything is possible
in fact even non-coin services can be added to Supernetwork
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