Germsite answers in boldOk, we're getting somewhere.
I think that both parties ( NAUT holders, and those with access to planned developments ) are in a difficult position, and a certain level of mistrust between these parties has not helped with getting things started so far.
Currently there is mainly legal aspects being covered around what can or could be done with Nautilus.
Let's say Drachmae does not exist and never existed (Let's look at this stand alone way forward for nautilus)
Trust is not lost but nothing in life works to plan specially in crypto currency I cannot comment on previous things with nautilus but I can comment from reading the thread from the start. Attacks on BK will only put him backwards and there is next to none actual support in assistance on pushing Naut forward sorry to say this but it's in black and white on this thread.
I am not defending anybody or passing the buck of the blame but its what it seems in the thread.
But I also can say from 1st hand experience from people talking to us about our project and how they deem it fit to talk as if we owe them something which also puts a big barrier between people also we did not appreciests with him.
Everything is based on legalities so every step BK does comes with attorneys behind ate to be practically dictated to that we should integrate Digitbyte etc.
Up until this point, BK has, for a variety of reasons, been unwilling / unable to share information, communicate with any community that still exists, and so those of us still following the project have simply assumed that all responsibility for new development rhim to check everything beforehand.
Secondly it's a fools game to think BK is going to do all development as it is based on developers seeing the value of developing products and services with Nautilus so it is a bit clear that people are not that fixed on Nautilus due to BK being there, so that therefore stands down to the community holding Naut to step up.
The main part of BK from what I can see is the Stability fund is what his focus is on and should be on only.
New partners coming the project ( Drachmae ), viewing the history of general antipathy generated as a consequence of zero communication, might well think that the community is not interested in contributing, and thus might well insist on the community stepping up before proceeding.
Let's not speak of Drachmae like I said further up it does not exist and never existed.Each party is thus insisting on the other showing some cards before taking further steps, and a stalemate of sorts results.
We need to look at this way: who is going to push naut forward and how to keep it going this is what from ourside is looking at as any efforts now will last 1 day or 7 days then what happens Naut drops dead.
Therefore Marketing and community needs to be in place to support what BK is trying to do otherwise all efforts are just a waste of time and effort, only good for Naut holders that are pumping and dumping but damaging to the projects future.Lee's points above help with getting some momentum going. But they also raise questions.
There's too much this or that from what i have seen and experienced and that is the doom to anything if there is no sense of unity and people should look at this if there was no BK and how can they protect their value and increase it.
My thoughts are that yes, bounties will most definately help to attract developers, especially given the shakey nature of the project's history to date.
Again this is why BK setup the Dev fund for donations as he does not have a large supply like people think he does it does not pay for BK to hold a large supply for the stability fund the only way it pays is if there is liquidity and trading in which there is near none of.
This is why the idea of bounties to encourage Developers to look at Nautilus. From 1st glance of Nautilus it is the most under developed currency in the market so this should of been something noticed by Naut Holders to group together themselves even if you speculate 10% of what you have it increase the value by 10 20 30 40 % or more. this is just an example.
This is why NXT works as a community and the large stakers always pitch in a bit to progress as they know it grows their value later on and this is what I have been saying for a while(it does not need to be financially supported, but can be supported in other ways also)Exchanges. I was under the impression that there will be only one exchange, the NXT platform, because of the very particular nature of how the project is being set up ( FIAT being used to purchase NAUT bonds, KYC requirements for this, gold purchases made with proceeds of transactions, etc )
There are many roads being explored:
1/ Moving naut to NXT
2/ Leaving naut where it is
3/ Current naut being backed by gold but how would it be done
4/ New naut being backed by gold by proof of transaction with gradual increments being purchased
5/ Or enabling naut holders to convert to gold in the same you can with bitcoin to gold
6/ many other ways all of which are legal headaches and take serious due diligenceIf this is not what is going to happen, and NAUT is to be traded as per other ALTS, then other exchanges will pick it up when sufficient volume arrives.
This is items that need to be looked at and are currently being looked at but it always rolls around the holders and if there was a community etc that's something that needs to be taken into consideration (lets face facts anybody can create a clone and make a currency and that's what happens every day otherwise known as a shitcoin as there no community, no drive and no development) This is facts guys that need to be looked at not criticized when brought up.Merchants will use it if a concrete ecosystem is presented to them. Again, all of us here have been assuming that Agistri is planned as the use case model, which will serve to illustrate a working ecosystem that can be adopted by others.
Like I said before forget Drachmae and the project, Nautilus has issues internally that need to be resolved before it can consider anything else.
Secondly there has been a lot of scam coverage around Nautilus and its even been in Greek media so its more important to clean up internally and get everyone on the same page opposed slander as all the media will do is read this thread and publish what they like.Lee, your comments above, as well as earlier ones, suggest that there are other avenues being explored, that NAUT being included in the Drachmae project isn't a done deal.
Again forget drachmae (But just because Naut is on Drachmae what does that change it is simply a currency along side NXT and Bitcoin) and this is the point i am making is how do you attract people to use naut and not Bitcoin.And so, we arrive back at the point of confusion. Nothing is particularly clear. The reasons for not elaborating plans fully are understandable, but they do present the challenge of how to galvanise a community that is willing to help, but who, thus far, have been fed a lot of ifs buts and maybes. A community can only be built around some sort of common purpose, and at this point in time, no clear purpose is being made available.
A community is built from the people involved in the community and want to take it on and stop looking at BK or passing the buck( what if he drops dead tomorrow what you going to do)The end result is that many people will simply think "ah well, they're hatching plans that can't be shared, something must be in the pipeline, I'll wait and see what is presented before putting my energy into it".
The actual end result people are trying explore opportunities and put them in place but then it's coming with stiff resistance as there is no point exploring and saying about it as it gets manipulated just as fast opposed to people offering ideas and solutions forward as they also could be used.
So I have been asking for idea and views a long time but only get criticism so there no point wondering why people do not interact with the community me on the other hand I have an interest as Drachame is my project so I will protect it very much and if people do not like that then that is there problem as its not them who has the commitment with the Island.Chicken. Egg.
As for the Gold backing there is something more than that being discussed but the legal implementations are what the issues are.
So the avenues and different roads are all being explored, but in the meantime building a community along with people coming into Nautilus is more of a priority along with encouraging developers to work on Nautilus and being self sustaining.
We aren't talking about donations or Drachmae all of that is off the table at this moment in time as there is more that needs to be available for anything to go forward and this is the 1st phase of what we are working with BK on.
So what we are looking for is suggestions:
Mobile wallet
getting into more exchanges
getting merchants
building marketing committee
Simply add some input areas you see and provide possible comments on how you see it happen etc.
Ok, we're getting somewhere.
I think that both parties ( NAUT holders, and those with access to planned developments ) are in a difficult position, and a certain level of mistrust between these parties has not helped with getting things started so far.
Up until this point, BK has, for a variety of reasons, been unwilling / unable to share information, communicate with any community that still exists, and so those of us still following the project have simply assumed that all responsibility for new development rests with him.
New partners coming the project ( Drachmae ), viewing the history of general antipathy generated as a consequence of zero communication, might well think that the community is not interested in contributing, and thus might well insist on the community stepping up before proceeding.
Each party is thus insisting on the other showing some cards before taking further steps, and a stalemate of sorts results.
Lee's points above help with getting some momentum going. But they also raise questions.
My thoughts are that yes, bounties will most definately help to attract developers, especially given the shakey nature of the project's history to date.
Exchanges. I was under the impression that there will be only one exchange, the NXT platform, because of the very particular nature of how the project is being set up ( FIAT being used to purchase NAUT bonds, KYC requirements for this, gold purchases made with proceeds of transactions, etc )
If this is not what is going to happen, and NAUT is to be traded as per other ALTS, then other exchanges will pick it up when sufficient volume arrives.
Merchants will use it if a concrete ecosystem is presented to them. Again, all of us here have been assuming that Agistri is planned as the use case model, which will serve to illustrate a working ecosystem that can be adopted by others.
Lee, your comments above, as well as earlier ones, suggest that there are other avenues being explored, that NAUT being included in the Drachmae project isn't a done deal.
And so, we arrive back at the point of confusion. Nothing is particularly clear. The reasons for not elaborating plans fully are understandable, but they do present the challenge of how to galvanise a community that is willing to help, but who, thus far, have been fed a lot of ifs buts and maybes. A community can only be built around some sort of common purpose, and at this point in time, no clear purpose is being made available.
The end result is that many people will simply think "ah well, they're hatching plans that can't be shared, something must be in the pipeline, I'll wait and see what is presented before putting my energy into it".
Chicken. Egg.
