BTCOR NEWS
btcor aquisitions
BTCOR made three significant purchases this month, Cryptofund, Skynet and MMNXT.
MMNXT ID: 979292558519844732
Our first purchase was for MMNXT, a market making and arbitrage fund for the NXT asset exchange as well as providing liquidity for NXT on popular centralized exchanges. MMNXT is currently at a low due to the slow activity on the NXT asset exchange however BTCOR remains bullish that this is only temporary. As SuperNet starts to spread its wings we believe the NXT asset exchange will see more volume in the future. BTCOR purchased 50,000 MMNXT and may in the future add more. Dividends received weekly from MMNXT will contribute to the BTCOR end of the month dividend.
Skynet ID: 6854596569382794790
Our second purchase was Skynet. Skynet is one branch of the SuperNet which combines powerful AI technology with the blockchain. This technology will uses historical data in order to predict future markets. Indications over slack and twitter show that the Skynet project is getting close to release and as a result BTCOR purchased an extra 500 assets. BTCOR believes that Skynet will have a huge impact for NXT as a whole and it will come as no surprise that additional Skynet assets will probably be bought in the future.
Cryptofund ID: 5562590132594876791
Last of all was our acquisition of coinomat’s cryptofund. BTCOR took full advantage of the asset swap proposed by coinomat. 15,000 EIX and 2,754 MMBTCD were swapped for 39,979 cryptofund. BTCOR now officially owns 4% of this asset. We believe this asset has some real promise and room for growth. Additional purchases this month were 1,250 Pangea Poker, 892 NXTprivacy, 9.39 SuperNet and 2.3 SuperNetx2.
BTCOR's portfolio is publicly available here
NXT-NUEG-HFEQ-NU9Z-72KUS.
3
INDEXREV DIVIDEND
Along with the 4% purchase of coinomat’s cryptofund asset was a nice little surprise. 5% of the new asset IndexRev were issued to cryptofund holders. Now BTCOR owns 0.33% of IndexRev for free!
https://nxtforum.org/cryptoasset-fund-projects/indexproject-asset/