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[ANN] NXT Inspect July Update singapore
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NXTinspect

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[ANN] NXT Inspect July Update
« on: July 26, 2015, 09:43:13 pm »

Its been a while since we provided an update, one reason is we've been quite busy with projects...

Here is a brief summary of current projects:

NXTi completed its engagement with Liquid/CVF which many holders received in the last dividend.
We have also taken on escrow for MMBTCD and MMNXT for a 0.5% profits (min 500NXT) fee
We are providing dividend and escrow services for EIX for a 1% and 0.5% profit fee respectively, the 1% EIX is held in return for the 1% dividend fee and will not be distributed.
We have provided (re)launch and escrow services for 2.5% of TVE which is an exciting new project and will also receive 0.5% of profits (min 500NXT) ongoing for escrow.
Disposal/Dividend of the 2.5% TVE will not be considered until the Initial Fund Raising is successful.
We are providing community relations for Siacoin over the course of a four week sprint, for a fee of 3BTC, paid half in Siacoin and half in BTC.
We are in discussion with Siacoin to perform a code audit at next beta stage.

In addition our SuperNET work continues and this will continue to draw on the retainer that NXTi has been received some of which was in the last dividend.

Over time we have also reduced the amount of NXTi in circulation  eligible for dividend by volume from 750k to 675k.

Given the current price/value of the assets in the NXTi account we are not providing a dividend this month but will HODL these assets until we can dispose or dividend them sensibly.
« Last Edit: January 13, 2016, 04:36:55 pm by NXTinspect »
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crumb-bum

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Re: [ANN] NXT Inspect July Update
« Reply #1 on: October 31, 2015, 06:51:03 pm »

Hi! Do you have any updates for your investors? It's been a while, unless I'm missing something. Thanks!
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NXTinspect

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Re: [ANN] NXT Inspect October Update
« Reply #2 on: November 01, 2015, 08:03:33 pm »

Sorry for the lack of news..
It has been a little quiet on the project front over the last weeks..
We have some commissions we are working on.
NXTi still holds the proceeds of its previous engagements which you can see in NXT-QUUE-9M9E-TRC5-24Q2M
Some of these engagements were unsuccessful so the assets are worthless, some have yet to fly or die
In all cases we honor our commitment not to dump the startup assets we gain as part of our work.

Regarding the successful assets when we think the time is right we will dividend these assets or sell the assets and dividend the proceeds.

When we bring these current engagements successfully to market then we will consider another dividend.
« Last Edit: November 01, 2015, 08:12:10 pm by NXTinspect »
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