Nxt Forum
Nxt Discussion => -Old and Inactive Projects- => Nxt Projects => Phoenix => Topic started by: PHX on February 27, 2015, 08:53:04 am
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Name: Phoenix (PHX)
Asset ID: 15610018253699198756
Supply: 10,000,000
Advisor: whale, NxtInspect
Phoenix (PHX) is an initiative to help fund crypto startups, altcoins and other related projects. It does not pay dividends, rather it uses Net Asset Value (NAV) as a price indicator.
By supporting the crypto ecosystem, carefully selected projects are able to reach their full potential by applying for funding requests. In return, Phoenix negotiates a percentage of the projects assets.
Furthermore, other value-increasing initiatives will be undertaken; such as altcoin, mining and precious metal investments.
Phoenix aims to be one of the most well-rounded and respected assets on the NXT AE through aggressive investment decisions.
Fundraiser:
On February 27 2015 at 20.00 UTC our offering will commence.
Asset distribution:
9,000,000 shares @ 0.1 NXT will be put up for sale (6,000,000 on the NXT AE and 3,000,000 on an exchange which will be announced in a few days)
1,000,000 shares will be distributed among management