Switch to ArdorForum

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