Quote from: Sala on April 21, 2015, 08:08:00 pm

Quote from: Akado on April 21, 2015, 06:43:44 pm

I agree with Shentist though, why was it a "dilution" for us and "auction" for them? Well, it's a nice play with words, guess we shoulda been smarter

Forgive me if you're already aware, but these NSR aren't being created for the auction. They already exist and are part of the shares that remain undistributed.

I see. Thanks! That should be mentioned though, to avoid confusion. Users of nushares might know about it already but others not familiar with the system might not know about it. Those kind of situations are one fud post away from a big dump, unfortunately (unless i did miss it, if so, my mistake)

I believe it went down like this. 1 Billion were created at launch.  Roughly 700 million were sold/distributed. Another 100 million sold in an auction a few months back to fund the network. If this motion passes another 100 million will be auctioned which will leave 100 million which will likely be destroyed. This leaves the network at 900m, 10% less than were created and originally intended to be distributed at launch.