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Shareholders authorize Jordan Lee or a selected representative to The auction must follow rules as specified in the bitcointalk thread: Auction goal: 200,000 USD worth of value in the form of various cryptoassetsA maximum of 100 million total NuShares will be auctioned. This Should the auction funding target of 200,000 USD not be reached by In compensation for funding development through the sale of these
auction up to 100,000,000 NuShares from the undistributed NuShares
currently held in Jordan Lee's possession. The shares will be sold for
the purpose of funding development of a new decentralized exchange
called B&C Exchange, as well as Nu network development if necessary.
equates to a maximum of 100 million BlockShares once that production
blockchain is launched. Bid deadline will be set for a date two weeks after the motion
passes and the title of the bitcointalk post is updated to [ANN]. No
extensions will take place. Maximum bid size is 30 million NSR to ensure sufficient decentralization.Minimum (reserve) price per share will be 0.0020 USD.Minimum total bid is 1000 USD.Multiple bids from a single user will not be accepted.Bidders will not see other bids.
the deadline date, no NuShares will be sold under any circumstances.
Those NuShares will remain undistributed to await burning as specified
in prior motion ed7b9fc65dc4e9d9acad61e528420c2690f599d2.
undistributed NuShares, all NuShareholders will be entitled to
automatically receive one (1) BlockShare for every one (1) NuShare held
in their possession at the time the BlockShares production chain is
launched.
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