NuShare Auction

[crypto_coiner]

Which market?
I believe the reference market is ccedk, which very recently put into sell/buy orders 5mNSR into trade
https://www.ccedk.com/nsr-btc

[crypto_coiner]

With the intent that people (from the community especially) could have an opportunity to purchase some of the remaining NSR at a price they’re comfortable with.

This NuShare auction is intended as a special case of a NuShare grant custodial:

• Custodian: JL
• Amount: very large amount
• Buyers: NuShareholders
• Price: no particular relationship with the market

[crypto_coiner]

That is completely up to shareholders, as they will approve all NSR grants.

Should we assume that in the foreseeable furure, NSR grants would be of that scale i.e. 100MNSR?

[Chronos]

Should we assume that in the foreseeable future, NSR grants would be of that scale i.e. 100M NSR?

That also is completely up to shareholders, and dependent on the needs of the network at the time.

[JordanLee]

[jmiller]

Bidders would probably be interested in the “balance sheet” of Nu. Is it possible to get recent data on the following?

Total NBT parked
Total NBT held by KTm, Jmiller, and Jordan (tiers 1 to 4)
Total “outstanding” NBT (not held by KTm, Jmiller, or Jordan)

Are these metrics publicly available? Thanks!

Bter:
BTC believed to be lost: 235
NBT believed to be recoverable: 93,300
NSR believed to be recoverable: ~600,000 (these were purchased as a hedge against BTC)

Currently Operational

Allcoin:
BTC: 5.94
NBT: 6644

Bitspark:
BTC: 10.87
NBT: 2175

Poloniex:
BTC: 54.94
NBT: 34268

Off Exchange Reserves:
BTC: 82
NBT: 140509

These numbers were taken in the last 20 minutes.

Jamie