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[Official] JLH-jl777hodl - description & news singapore
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Ludom

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[Official] JLH-jl777hodl - description & news
« on: December 27, 2014, 09:45:58 am »

JLH – jl777hodl : description and introduction



Account ID of the portfolio: NXT-2AHU-UXZW-K9Q2-HENLW
Asset ID: 6932037131189568014
Quantity: 10'000'000
Decimal: 0
Exchanges: Nxt Asset Exchange, Poloniex
Website: http://jl777hodl.com/ (WIP)

The JLH portfolio

“jl777hodl”, abbreviation JLH, is the first and biggest “portfolio of Assets” on the Nxt platform. It was created on the 17th May 2014 by jl777 (an active and respected member of the community and creator of SuperNET). From the beginning, jl777 has been including in the portfolio a proportion of his new ventures (5-10%) and some of the Assets he receives from promising companies.

The intention isn’t to trade the assets, but instead to hold them in the portfolio for ever (or almost…). Except in rare and special case, no Assets will be sold. Some of the revenue generated by the portfolio's assets in 2014 was invested in the acquisition of new Assets. But the main part of the portfolio consists of assets which have been added by jl777.

You can see the actual composition of the portfolio in real time on the Nxt blockchain on the account NXT-2AHU-UXZW-K9Q2-HENLW.

The jl777hodl Asset

The ownership of the JLH portfolio is shared between the owners of JLH Assets. There are 10’000’000 JLH (Asset ID 6932037131189568014). This means that 1 JLH represents 1 in 10’000’000 of the portfolio.

The goal of JLH

JLH is a promising portfolio which covers the most interesting Nxt projects that have been created since the Asset Exchange launched. Such a portfolio should generate a lot of investor interest.

In his projects, especially for the Asset/Asset exchange InstantDEX, jl777 needs a stable Asset with a big volume of transactions. JLH, because of its varied and promising portfolio, is perfect for jl777’s projects.

JLH is an important financial tool which provides a valuation reference for InstantDEX and the Asset trading tools created by jl777 for SuperNET.

Revenue and holder’s reward

The jl777 portfolio has two sources of NXT revenue:  the dividends it receives from its Assets and forging revenue . In 2014, this revenue was invested in new Assets and to organise some events to increase the transaction volume.

SinceJanuary 2015, the revenue will be partly distributed to the JLH holders as a bonus. A big part will go to the holders and the rest will be used for JLH management and promotion.

NAV and market maker

The NET Asset Value (NAV) is the basis of valuation of the JLH asset. The NAV per share is calculated by dividing the total value of the portfolio by the number of the shares (10’000’000). You can find a good estimation of the portfolio's value on Nxtreporting.

As the value of JLH's underlying assets increase, so does the value of each individual share. Sometimes, however, the share price doesn't always reflect it's actual NAV (Net Asset Value). In late 2014, jl tasked LibertyNow to act as a "market maker" in order to keep the share prices closer to NAV by increasing liquidity and market visibility.

LibertyNow makes his own calculation of the JLH asset's NAV. He bases his calculation on an average of the last trade price/high bid price/low ask price. It’s a little different from Nxtreporting which only uses the last trade price.

The JLH team

jl777 (James): founder and manager of the portfolio.

LibertyNow: market maker.

Ludom and nxter.org: information and newsletter

For more information:

- JLH/jl777hodl Newsletters (WIP)

- JLH/jl777hodl articles on nxter.org

- Official topic on Nxtforum

- Official topic on Bitcointalk

- JLH/jl777hodl on SuperNET Wiki

If you need help, would like to buy/sell shares or have any questions, feel free to PM LibertyNow or Ludom on http://bitcointalk.org, nxtforum.com, forum.thesupernet.org, or in Slack.
« Last Edit: December 27, 2014, 09:54:01 am by Ludom »
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LibertyNow

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Re: [Official] JLH-jl777hodl - description & news
« Reply #1 on: December 30, 2014, 01:09:08 pm »

Less than 2 days left to acquire tickets for the end of the year lottery.  End time is 2359 GMT Dec. 31.  There are 2846 tickets left (100 jl777hodl shares = 1 ticket).  Due to NAV increase, the price is now 4.1NXT.  Current theoretical increased value of the lottery ticket shares is 19.81%.  63 players have entered purchasing an average of 80 tickets each.  To buy send NXT to NXT-PY3K-SDTG-PHTV-GLYDA with a short note that it's for the lottery and I will send lottery shares back.  Please let me know if the receiving account for the shares is different than the sending account.  Good luck and may the lottoseed be with you!
« Last Edit: December 30, 2014, 01:31:14 pm by libertynow »
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LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE

LibertyNow

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Re: [Official] JLH-jl777hodl - description & news
« Reply #2 on: December 31, 2014, 12:31:13 pm »

There are less than 12 hours left for purchasing jl777hodl dividend lottery tickets.  Price is 4.1NXT.  100 shares = 1 ticket.  There are 2383 tickets left.   

ALSO, Mises_77 is adding an EXTRA 25 share bonus for the next 20 people who purchase at least 5 tickets before the lottery ends.   Send NXT to NXT-PY3K-SDTG-PHTV-GLYDA for ticket purchases.  1st=100k, 2nd=50k, 3rd=25k. 

Remember do NOT transfer or sell your ticket shares until AFTER the drawing or those tickets will not be valid.  May the lotto seed be with you and Happy New Year!
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LibertyNow

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Re: [Official] JLH-jl777hodl - description & news
« Reply #4 on: January 16, 2015, 05:20:01 pm »

ANNOUNCEMENT:

January bonus for all jl777hodl investors will be paid out tomorrow (Saturday, January 17) at a rate of .005NXT/asset.

We're calling this a bonus and not a dividend because only NXT received by the fund will be distributed and the amount and timing will be at the discretion of jl777.  Currently, the fund has 51,461.13NXT and so 50,000NXT will be distributed to hodlers.

Thanks everyone for your continued supported and investment in jl777hodl!  Feel free to contact me anytime for details/question.
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LQD: http://www.liquidtech.info, EDGE: https://www.bustabit.com/user/EDGE_NXTAE

Ludom

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Re: [Official] JLH-jl777hodl - description & news
« Reply #5 on: January 19, 2015, 11:10:56 pm »

Thanks !!!
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Top8

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Re: [Official] JLH-jl777hodl - description & news
« Reply #6 on: January 20, 2015, 11:56:55 am »


SinceJanuary 2015, the revenue will be partly distributed to the JLH holders as a bonus. A big part will go to the holders and the rest will be used for JLH management and promotion.


Hi there, thanks for the "bonus" :) As a small holder of the share, can you further detail in % how much of the revenue by the fund will be diverted to bonus holders vs. spending on market making, promotion, and such?
Because some days before the 50,000 disbursement i can see on JL777HODL account a transfer out of 175,000 nxt ( http://nxtreporting.com/?tr=10844963550355067069 ) which i believe it was handled for that task, so i don't know if the shareholder part will be the "big part" or the other way.

PS.- As this is a forum and not real life conversation, i just want to clarify my tone here: Not saying that you guys don't deserve whatever thing agreed with James, as this is basically HIS stuff and he can do whatever with it. But i would love to have a more clear idea of what to expect every month, % of profits of JL777hodl wise, apart from the (already good news) of having a market maker in the value, something that I'm sure less of a 1% of all crypto stocks have atm. So no omgscamfudponzi cries here or something, just honest interest from a prospective MOAR holder of... Hodl . ;-)
Thanks!

 
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PureVision

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Re: [Official] JLH-jl777hodl - description & news
« Reply #7 on: January 20, 2015, 02:03:24 pm »


SinceJanuary 2015, the revenue will be partly distributed to the JLH holders as a bonus. A big part will go to the holders and the rest will be used for JLH management and promotion.


Hi there, thanks for the "bonus" :) As a small holder of the share, can you further detail in % how much of the revenue by the fund will be diverted to bonus holders vs. spending on market making, promotion, and such?
Because some days before the 50,000 disbursement i can see on JL777HODL account a transfer out of 175,000 nxt ( http://nxtreporting.com/?tr=10844963550355067069 ) which i believe it was handled for that task, so i don't know if the shareholder part will be the "big part" or the other way.

PS.- As this is a forum and not real life conversation, i just want to clarify my tone here: Not saying that you guys don't deserve whatever thing agreed with James, as this is basically HIS stuff and he can do whatever with it. But i would love to have a more clear idea of what to expect every month, % of profits of JL777hodl wise, apart from the (already good news) of having a market maker in the value, something that I'm sure less of a 1% of all crypto stocks have atm. So no omgscamfudponzi cries here or something, just honest interest from a prospective MOAR holder of... Hodl . ;-)
Thanks!

The 175000nxt that was transferred to the GLYDA account was for a lottery that was held for jlhodl shareholders.
100000nxt for the winner, 50000nxt for 2nd place and 25000nxt for 3th place.
Ludom is posting a newsletter tomorrow with the nxt-adresses of the winners.
So 50000nxt will be divided between all the shareholders for the january bonus.
JL is giving it all away, and keeping nothing to himself...
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Ludom

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Re: [Official] JLH-jl777hodl - description & news
« Reply #8 on: January 20, 2015, 08:53:17 pm »

A newsletter will be published tonight on Nxter.org. It explains every thing. And if you have question, ask here.

The answer of PureVision is right :
- This 175k NXT was for the crazy idea of jl777: organising a lotto
Goals: increase the popularity of JLH and make more transaction volume.

It was a try, and it's a fumble : the volume was faked and nobody made active advertissement for the lotto (because if you did, it reduces your winning chances).

I was personally against the idea since the lotto announcement and I propose other solution to make the JLH asset more valuable :
- Giving bonus to the shareholders
- A better information to the investors.

James accepted my proposition. And now I make 1-2 JLH newletter per month and we have the bonus.
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starfishi

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Re: [Official] JLH-jl777hodl - description & news
« Reply #9 on: January 21, 2015, 05:01:33 pm »

for the crazy idea of jl777: organising a lotto

please jl777, keep coding, that`s where you`re good at.
what i´m saying : you´re fantastic at that ! !  But forget lottos . .



« Last Edit: January 21, 2015, 06:17:42 pm by starfishi »
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Ludom

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Re: [Official] JLH-jl777hodl - description & news
« Reply #10 on: January 21, 2015, 05:45:47 pm »

The newsletter #1

You can find the full newsletter on NXTER.ORG.

Quote from: NXTER.ORG http://nxter.org/jlh_newsletter_1/
JLH Overview (20.01.15)

Net Asset Value (NAV)    3.44 NXT
Last Trade Price (on AE)    3.30 NXT
Bid Price (on AE)    3.44 NXT
Ask Price (on AE)    3.11000001 NXT
Volume (24h)    165 $

Transactions and dividends

In January there were only a few transactions.

02.01.2014: 175,000 NXT was transferred to the GLYDA Account in respect of the JLH Lotto prizes.

And the winners are:
1st = NXT-CFAC-JAFV-VFV4-9BBY8:                 100,000 NXT
2nd = NXT-QEQH-RK3U-BBDS-BZ5BZ:               50,000 NXT
3rd = NXT-QB7Q-2VEM-M7E6-5YXA8:                 25,000 NXT

Congratulations !!!

17.01.2014 : 50,000 NXT was transferred to the GLYDA Account in respect of the January bonus for JLH holders.

Starting January 2014, JLH asset holders are eligible to receive a discretionary bonus:

    ANNOUNCEMENT:
    January bonus for all jl777hodl investors will be paid out tomorrow (Saturday, January 17) at a rate of .005NXT/asset.
    We’re calling this a bonus and not a dividend because only NXT received by the fund will be distributed and the amount and timing will be at the discretion of jl777.  Currently, the fund has 51,461.13NXT and so 50,000NXT will be distributed to hodlers.
    Thanks everyone for your continued supported and investment in jl777hodl!  Feel free to contact me anytime for details/question.

Income received: summary

Dividend from HRNXTPool: 8,289.97 NXT

Dividend from Coinomat: 3,887.87 NXT

Others: 390.04 NXT

Welcome to…

57,359 OPALTKN from a dividend of InstantDEX.

1959 NXTCS from a dividen of SuperNET.

1.4736 SuperNETx2 from a dividend of OPALTKN.
Focus on ‘HRNXTPool’

HRNXTPool is the biggest dividend provider in the JLH portfolio. But what is it?

HRNXTPool is the asset of hashrate.org, the first mining pool based on NXT. HRNXTPool’s revenue comes from the 2% fees charged by the mining pool + the mining profit generated by the ‘community owned pool’ (COP) ASIC mining hardware, the most power efficient (on a W/GH metric) available on the market.

The manager of hashrate.org is pf a well known member of nxtforum.org. For further information and to ask any questions, visit the HRNXTPool topic on the Nxt forum.

JLH portfolio owns 10,750/100,000 HRNXTPool, 10.75% of the venture.

What’s nxt in JLH?

(Ludom’s personal forecast and analysis)

Next month should be very quiet. A new bonus will be paid, though certainly smaller than this month’s.

James hasn’t announced any new assets recently  and most assets won’t be paying out dividends for a few weeks except Coinomat.

But the InstantDEX and the SuperNET projects could be ready very soon and the JLH portfolio should have new sources of revenue in the medium term.
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Peter2516

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Re: [Official] JLH-jl777hodl - description & news
« Reply #11 on: January 21, 2015, 06:28:07 pm »


HRNXTPool is the biggest dividend provider in the JLH portfolio.

Do you have any info on that? Any contact with pf?
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Ludom

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Re: [Official] JLH-jl777hodl - description & news
« Reply #12 on: January 21, 2015, 07:25:43 pm »

No, but it's a fact: HRNXTPool was the biggest dividend provider in January (and the month before)

All my infos come from his website and the forum topics.

The goal of the newsletter is not to give advices about investments but to inform on what is in the JLH portfolio.

I invest in JLH and not in HRNXTPool and other mining venture.
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