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NXTautoDAC - all of bluemeanie's automated profit making blockchain companies singapore
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Author Topic: NXTautoDAC - all of bluemeanie's automated profit making blockchain companies  (Read 54081 times)

jl777

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NXTautoDAC assets represent .0001% of revenues from the family of autoDACs that bluemeanie1 and his team will create. NXTventure has made a private investment and assetized 75% of revenues. Development costs will be funded by the remaining 25% of revenues.

Once deployed the automatic Decentralized Autonomous Corporations will continue to operate in an open and transparent manner with transactions enforced by the NXT blockchain. Due to their automated nature the fees charged to people can be dramatically less than real world equivalents. The much lower fees are expected to entice enough people to try this new technology and thus increasing the customer base.

The ability to easily utilize autoDACs will be integrated into NXTservices and this will encourage adoption. While autoDAC's have a tremendous potential, it is still in its infancy and it is expected that it will take a while for people to become comfortable with using autoDACs Please follow updates on the NXTventure section

If you are a large investor and want to get in on the ground floor, please PM me. Min 1 million NXT
Exact timing of launch has not been determined yet. Indications of interest can be made by placing bids in AE
The total amount that will be made available will be at most 150,000 assets

James
« Last Edit: May 16, 2014, 05:22:54 pm by jl777 »
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jl777

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Two thirds of the NXTautoDAC has been sold and the rest is on a price ladder
Current price is 11 NXT per asset, thats gone, it is 12

I made a price ladder so there is only a little available at each price
sorry for the short notice, but things happen very quickly!

James

"name": "NXTventure","accountRS": "NXT-XRK4-5HYK-5965-9FH4Z","account": "9190137219092766242",
NXTventure asset #16212446818542881180, NXTautoDAC asset #14347250558295845059
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ThomasVeil

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I don't understand a single word of that description. Can you describe or give a link to what these AutoDACs do?
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crimi

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I always have fun in cryptos reading about people buying shares. The google stock simulation asset could be also made up from you.  ;D

Hey but you could pretend you investing in bitpay shares...

Dont get me wrong at least in a decentralised exchange you dont have to care about to warn people.
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jl777

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I don't understand a single word of that description. Can you describe or give a link to what these AutoDACs do?
http://coinwiki.info/en/Decentralized_autonomous_corporation has an overview, but it is not so easy to understand.

The general idea is to create a fully automated system that does everything a real world business does. This might sound impossible and it would be for anything that had to do physical actions (well toss in some robots and even that is possible), but there are a class of businesses that can be fully automated.

Lets take one of the simpler examples. A bank savings acct. In the real world you have fancy building, a bunch of workers with a bunch of fancy furniture and 0.2% interest rate, yes?
But what part of paying interest on a deposit cannot be automated? You deposit money for a period of time and get interest plus principal back. Why would anybody use an autoDAC? Primary reason would be that it is able to pay a higher interest rate as it wont have any significant expenses. Secondarily, it would be more secure since the funds would be secured by blockchain, you would always be able to see your actual funds. You cant actually touch it, so maybe banks wont go completely away.

bluemeanie will post more details about what is possible. A lot of the automatable businesses are money oriented, probably because money isnt physical anymore.

So, now imagine a half dozen different automated companies providing services for people at a lower cost to them while being more reliable and secure. It is a winning combination. Once deployed, the autoDACs will automatically generate profits. No labor unions, no insurance cost worries, no sick days, etc.

Hopefully this gives an idea of the possibilities.

James
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bluemeanie1

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-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1





hello all,


          NXTautoDAC shares are backed by future profit and monetization of the Virtual Corporation feature I'm developing for NXT, recently approved by the Technical Development Committee.  I have already received significant interest from venture capital firms who understand the value in Virtual Corporations.

https://nxtforum.org/nxt-improvement-proposals/virtual-corporations-on-nxt/

This investment is particularly attractive for the primary stakeholders as we are enhancing the overall demand for NXT by developing new features and use cases that generate transaction fees.  The primary NXT stakeholder can invest in this asset, improve NXT, and get a substantial return.

One example concept we have is Web Site Monetization DAC.  In this concept, ownership of DNS records and other features like forum moderation are tied to the Virtual Corporation offices.  Thus shareholders have the ability, via the Block Chain, to influence web site features and appoint managerial officers.  The shares themselves, which represent control of said website, are *tradable assets* that can float(and appreciate) on the AE.  This allows for rapid monetization of web properties, and can potentially generate massive amounts of liquidity for Domain Name investors and other groups.  NXTautoDAC has already determined technical feasibility of this project.

Thanks for your interest and please stay tuned for further updates.

- -bm




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gs02xzz

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NXTautoDAC assets represent .0001% of revenues from the family of autoDACs that bluemeanie1 and his team will create.

Is autoDacs is another company/entity? Has it issued any shares on the AE yet?
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bluemeanie1

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NXTautoDAC assets represent .0001% of revenues from the family of autoDACs that bluemeanie1 and his team will create.

Is autoDacs is another company/entity? Has it issued any shares on the AE yet?

yes, assetID : 14347250558295845059  , name : NXTautoDAC

-bm
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gs02xzz

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NXTautoDAC assets represent .0001% of revenues from the family of autoDACs that bluemeanie1 and his team will create.
Is autoDacs is another company/entity? Has it issued any shares on the AE yet?
yes, assetID : 14347250558295845059  , name : NXTautoDAC
-bm

No I meant the family of autoDACs mentioned in the OP. I just wonder how the family of autoDACs will operate and generate revenue.
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bluemeanie1

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details are forthcoming.

this investment round was for those who were privy to the high-level technical discussions.

-bm
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bluemeanie1

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I just wonder how the family of autoDACs will operate and generate revenue.

I do provide a brief example in my signed post above.

-bm
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pandaisftw

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Hm, exactly how much did NXTventure buy each of the 75% of the assets at? Also, NXTautoDAC is keeping 0% of the assets?

Pandaisftw

jl777

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Hm, exactly how much did NXTventure buy each of the 75% of the assets at? Also, NXTautoDAC is keeping 0% of the assets?

Pandaisftw
NXTautoDAC is not an operating company. It is purely an asset that represents the future revenues. Since profitability is a variable that is sometimes difficult to estimate, it makes it harder to value an asset. By making it revenue based, the only thing that is needed is to estimate the revenues and 75% of that will become the lifetime future cashflows.

The operating costs will be primarily labor costs of bluemeanies team, but investors dont have to worry that they will just collect fat salaries and goof off playing computer games (not that that ever happens at real companies). 25% of revenues is what the devs will get. What makes NXTautoDAC unique to my mind is that the vast majority of revenues are setaside for investors.

What is the intrinsic value of NXTautoDAC? It is 75% of the sum of all the future autoDAC's revenues. This is where the hard part comes in. We can assume there will be half a dozen to a dozen such autoDACs. Now how much revenue is each one likely to make? What sort of fees can it collect and how often and from how many people?

Will each autoDAC be able to generate 100,000 NXT per year in revenues? That seems like a reasonable number to me. ~274 NXT per day per autoDAC. The investment decisions comes down to whether you believe the bluemeanie's team working with me will be able to define, implement and deploy 10 autoDAC's each generating an average of 274 NXT per day. This will add up to 1.2 million NXT per year. No need to take 75% cuz there are only 750000 assets so it is already matched to 1%. So if we apply a PE of 20:1, it gives a predicted value of 24.

Curiously, the price ladder is up to 23, so the market is agreeing with this analysis.

I agree that this is a brand new market and people dont know all the potential yet. The early investors got a tremendous deal. However, I did post about this offering and anybody could have contacted me to make the ground floor investment. I do realize it all happened so fast, but I cannot help it if there are investors that are so fast! All I can do is continue to find great ideas and people and create an asset that is trackable and marketable.

Next time I announce a new issue, I will do the same thing. The first one who comes through with the funds gets the groundfloor deal. In the past it took a day or two before I got the groundfloor funding, so it took me by surprise how fast NXTautoDAC got snapped up. I guess I am not the only one that sees its bright future

James
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innovator256

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I am scared for you on how you'd manage or have the focus for all these projects...are you working with or outsourcing to a team?

edit: if you don't mind me asking of course
« Last Edit: May 16, 2014, 03:02:49 am by ola »
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pandaisftw

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Hm, exactly how much did NXTventure buy each of the 75% of the assets at? Also, NXTautoDAC is keeping 0% of the assets?

Pandaisftw
NXTautoDAC is not an operating company. It is purely an asset that represents the future revenues. Since profitability is a variable that is sometimes difficult to estimate, it makes it harder to value an asset. By making it revenue based, the only thing that is needed is to estimate the revenues and 75% of that will become the lifetime future cashflows.

The operating costs will be primarily labor costs of bluemeanies team, but investors dont have to worry that they will just collect fat salaries and goof off playing computer games (not that that ever happens at real companies). 25% of revenues is what the devs will get. What makes NXTautoDAC unique to my mind is that the vast majority of revenues are setaside for investors.

What is the intrinsic value of NXTautoDAC? It is 75% of the sum of all the future autoDAC's revenues. This is where the hard part comes in. We can assume there will be half a dozen to a dozen such autoDACs. Now how much revenue is each one likely to make? What sort of fees can it collect and how often and from how many people?

Will each autoDAC be able to generate 100,000 NXT per year in revenues? That seems like a reasonable number to me. ~274 NXT per day per autoDAC. The investment decisions comes down to whether you believe the bluemeanie's team working with me will be able to define, implement and deploy 10 autoDAC's each generating an average of 274 NXT per day. This will add up to 1.2 million NXT per year. No need to take 75% cuz there are only 750000 assets so it is already matched to 1%. So if we apply a PE of 20:1, it gives a predicted value of 24.

Curiously, the price ladder is up to 23, so the market is agreeing with this analysis.

I agree that this is a brand new market and people dont know all the potential yet. The early investors got a tremendous deal. However, I did post about this offering and anybody could have contacted me to make the ground floor investment. I do realize it all happened so fast, but I cannot help it if there are investors that are so fast! All I can do is continue to find great ideas and people and create an asset that is trackable and marketable.

Next time I announce a new issue, I will do the same thing. The first one who comes through with the funds gets the groundfloor deal. In the past it took a day or two before I got the groundfloor funding, so it took me by surprise how fast NXTautoDAC got snapped up. I guess I am not the only one that sees its bright future

James

I see, so those 750,000 shares on the AE are held and currently sold by NXTventurer? I think the part I may be confused is, where is NXTventurer getting it's cut if all (75%) of the profits of NXTautoDAC are being paid out through NXTautoDAC shares? I assume that it's coming from any unsold shares, correct? So if I invested in NXTventurer, I would be getting a return on NXTautoDAC anyways?

Pandaisftw

jl777

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Hm, exactly how much did NXTventure buy each of the 75% of the assets at? Also, NXTautoDAC is keeping 0% of the assets?

Pandaisftw
NXTautoDAC is not an operating company. It is purely an asset that represents the future revenues. Since profitability is a variable that is sometimes difficult to estimate, it makes it harder to value an asset. By making it revenue based, the only thing that is needed is to estimate the revenues and 75% of that will become the lifetime future cashflows.

The operating costs will be primarily labor costs of bluemeanies team, but investors dont have to worry that they will just collect fat salaries and goof off playing computer games (not that that ever happens at real companies). 25% of revenues is what the devs will get. What makes NXTautoDAC unique to my mind is that the vast majority of revenues are setaside for investors.

What is the intrinsic value of NXTautoDAC? It is 75% of the sum of all the future autoDAC's revenues. This is where the hard part comes in. We can assume there will be half a dozen to a dozen such autoDACs. Now how much revenue is each one likely to make? What sort of fees can it collect and how often and from how many people?

Will each autoDAC be able to generate 100,000 NXT per year in revenues? That seems like a reasonable number to me. ~274 NXT per day per autoDAC. The investment decisions comes down to whether you believe the bluemeanie's team working with me will be able to define, implement and deploy 10 autoDAC's each generating an average of 274 NXT per day. This will add up to 1.2 million NXT per year. No need to take 75% cuz there are only 750000 assets so it is already matched to 1%. So if we apply a PE of 20:1, it gives a predicted value of 24.

Curiously, the price ladder is up to 23, so the market is agreeing with this analysis.

I agree that this is a brand new market and people dont know all the potential yet. The early investors got a tremendous deal. However, I did post about this offering and anybody could have contacted me to make the ground floor investment. I do realize it all happened so fast, but I cannot help it if there are investors that are so fast! All I can do is continue to find great ideas and people and create an asset that is trackable and marketable.

Next time I announce a new issue, I will do the same thing. The first one who comes through with the funds gets the groundfloor deal. In the past it took a day or two before I got the groundfloor funding, so it took me by surprise how fast NXTautoDAC got snapped up. I guess I am not the only one that sees its bright future

James

I see, so those 750,000 shares on the AE are held and currently sold by NXTventurer? I think the part I may be confused is, where is NXTventurer getting it's cut if all (75%) of the profits of NXTautoDAC are being paid out through NXTautoDAC shares? I assume that it's coming from any unsold shares, correct? So if I invested in NXTventurer, I would be getting a return on NXTautoDAC anyways?

Pandaisftw
The largest asset holders will be bluemeanie and his team. This is critical to the success of a tech company. A lot of VC backed companies squeeze the devs until they are so marginalized most of them move on shortly after IPO. That is not good for investors! We want the devs totally dedicated to maximizing asset value. Think of it as a pay for performance bounty. They only earn proportional to the revenues they generate. I cant think of a more fair deal than that.

NXTventure will not get any revenues from NXTautoDAC, all of NXTautoDAC revenues go to devs (25%) and investors (75%)

NXTventure will sell off shares this month and then on the ex-dividend time all of NXTautoDAC will be allocated to the NXTventure asset holders. So, NXTventure asset holders can expect a monthly dividend of that months offering. The exact amount depends on how well it was received and I cant control the net cash change. The cash stays in NXTventure as that is the lifeblood of a finance company. Capital * velocity is the power of a finance company, so the quicker the funds are recycled the more it can do. 1 million NXT cycled daily is equivalent to 365 million per year.

At the beginning of the month NXTventure's value will drop by the value of the dividend. [fundamental analysts: dont forget to account for NXTventures ownership of itself] Most of the NXTautoDAC will thus be gone from NXTventure at the end of the month. But some will come right back due to NXTventure's self-ownership.

NXTventure will be dividending out the bulk of the offering of the month that remains after sales. It will try to gradually increase its cash position by selling a bit more than it invested. Based on the ~20% ownership for itself, after a year it will permanently own ~20% pieces of each of the offerings. I designed NXTventure to have a high dividend rate and potential for massive appreciation.

James
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Darkhorse

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How about a progress report or building map of this asset? Would be great to know whats happening every now and then.  ;D
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How about a progress report or building map of this asset? Would be great to know whats happening every now and then.  ;D
Since this is so cutting edge, we want to delay public disclosure of too many details during this sensitive stage.
This might change at anytime, but I think it would be better to wait until we are much closer to completion before letting the competition know exactly what they will be up against

James
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This uses NXT's automated transactions feature correct? Or is this something completely separate?

spaw

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Darkhorse

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How about a progress report or building map of this asset? Would be great to know whats happening every now and then.  ;D
Since this is so cutting edge, we want to delay public disclosure of too many details during this sensitive stage.
This might change at anytime, but I think it would be better to wait until we are much closer to completion before letting the competition know exactly what they will be up against

James

Orite Boss
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