we need official statement on this. People are just guessing what they are going to do. This kind of FUD kills coins off - it is used in the future as a weapon to spread FUD that the distribution was like this or like that.
I paid 0.03 for my stake and took a risk that we don't get anything for the money. Others who got in early got theirs free I'm ok with that.
I would be happy for devs to get a few extra stakes (like 10 maximum), but 50 or 100 is too high as they should be paid out of the IPO proceeds. They will likely dump their stakes early anyway as they are not investors.
The only solution _if_ dev team decides they need more revenue for the project (which will ultimately benefit the project) is to have a sensible short lived auction of the remaining stakes.
These stakes MINIMUM should be priced higher than previous IPO's e.g 0.05 per stake. Chances are that even then not all 2000 stakes will be sold and we will be in the same position then, the remaining stakes should be distributed to all participants (auction + IPO + free IPO).
Team should also check again to make sure there are few sockpuppet accounts
Topic: Closed Thread - page 521. (Read 677685 times)
Again, as I said million times I don't think devs should work for free, but let's at least play fair.
I understand that they were selling stakes very cheap. Man, I got mine for free! But still, if they didn't think this through it's not a reason to change the rules. They said that max number of stakes is 3500. They didn't say that min number of stakes is 3500.
I'd suggest to give devs additional stakes. Let's say every core dev gets 50 stakes. There are 2-3 devs so it's 100-150 stakes. If they want they can share their stakes with the rest part of the team. I think it's fair. Although they receive 15% of the emission but still I'm ok with such scenario.
I understand that they were selling stakes very cheap. Man, I got mine for free! But still, if they didn't think this through it's not a reason to change the rules. They said that max number of stakes is 3500. They didn't say that min number of stakes is 3500.
I'd suggest to give devs additional stakes. Let's say every core dev gets 50 stakes. There are 2-3 devs so it's 100-150 stakes. If they want they can share their stakes with the rest part of the team. I think it's fair. Although they receive 15% of the emission but still I'm ok with such scenario.
My problem is that you stated the end of IPO — May 25.
Today is May 25 and you're saying that you're not happy with the results, so you decided it was just a first stage. That's not a great start I can say.
100% agree. Every months you are changing anything new. IPO ends 25th of may. IPO, not first stage. Its impossible to reach 3000 with IPO. Not in 100 years. If you never hold your announcements, you will completely untrustworthy.
just distribute coins among 1200 people and stop dreaming, less than 100 people joined during last month !!!!! Its impossible to reach 3500 and that's a simple fact...lets just move to another stage and forget IPO
I repeat, we are not going to register 3500 users as
We will finish the beta testing, each investor receives their coins
We say that the plan registration is not complete, but it does not mean that we will collect 3,500 users
You can already get the first coin: http://nxtl.eu/forum/discussion/11/distribution-of-coins-for-testing
You're not saying IPO is over either.
Can you tell us IPO is over and 600'000'000 coins will be distributed between 1200 accounts?
That's what I thought. No replay. It's a shame.
There was a reply which got deleted for some reason.
Also, there seems to be a communication barrier when it comes to Silkroad. He's not the most skilled in english.
It's not necessary to be a native speaker to explain what's going on:
1. IPO is over. 600'000'000 coins will be distributes between IPO investors.
2. Fuck off everybody, we want more money, so we changed rules. IPO will have a couple more stages until we're ok with it.
My problem is that you stated the end of IPO — May 25.
Today is May 25 and you're saying that you're not happy with the results, so you decided it was just a first stage. That's not a great start I can say.
100% agree. Every months you are changing anything new. IPO ends 25th of may. IPO, not first stage. Its impossible to reach 3000 with IPO. Not in 100 years. If you never hold your announcements, you will completely untrustworthy.
just distribute coins among 1200 people and stop dreaming, less than 100 people joined during last month !!!!! Its impossible to reach 3500 and that's a simple fact...lets just move to another stage and forget IPO
I repeat, we are not going to register 3500 users as
We will finish the beta testing, each investor receives their coins
We say that the plan registration is not complete, but it does not mean that we will collect 3,500 users
You can already get the first coin: http://nxtl.eu/forum/discussion/11/distribution-of-coins-for-testing
You're not saying IPO is over either.
Can you tell us IPO is over and 600'000'000 coins will be distributed between 1200 accounts?
That's what I thought. No replay. It's a shame.
There was a reply which got deleted for some reason.
Also, there seems to be a communication barrier when it comes to Silkroad. He's not the most skilled in english.
My problem is that you stated the end of IPO — May 25.
Today is May 25 and you're saying that you're not happy with the results, so you decided it was just a first stage. That's not a great start I can say.
100% agree. Every months you are changing anything new. IPO ends 25th of may. IPO, not first stage. Its impossible to reach 3000 with IPO. Not in 100 years. If you never hold your announcements, you will completely untrustworthy.
just distribute coins among 1200 people and stop dreaming, less than 100 people joined during last month !!!!! Its impossible to reach 3500 and that's a simple fact...lets just move to another stage and forget IPO
I repeat, we are not going to register 3500 users as
We will finish the beta testing, each investor receives their coins
We say that the plan registration is not complete, but it does not mean that we will collect 3,500 users
You can already get the first coin: http://nxtl.eu/forum/discussion/11/distribution-of-coins-for-testing
You're not saying IPO is over either.
Can you tell us IPO is over and 600'000'000 coins will be distributed between 1200 accounts?
That's what I thought. No replay. It's a shame.
Koop4U, Sillkroad:
Thanks for your replies.
From what I understand IPO is over and coins will be distributed once testing is done.
Thank you for taking the community feedback into consideration. It seems unanimous that the best way to move forward is to stick to the initial advertised plan. This will show integrity and build confidence. The further distribution of coins will have to happen via network effect and not through IPO. If Node launches before Nem successfully then this will be the first one to launch with such a big initial investor base. That is a great thing and gives us a huge advantage. If it happens as planned and is successful then it will quickly grow.
Thanks for your replies.
From what I understand IPO is over and coins will be distributed once testing is done.
Thank you for taking the community feedback into consideration. It seems unanimous that the best way to move forward is to stick to the initial advertised plan. This will show integrity and build confidence. The further distribution of coins will have to happen via network effect and not through IPO. If Node launches before Nem successfully then this will be the first one to launch with such a big initial investor base. That is a great thing and gives us a huge advantage. If it happens as planned and is successful then it will quickly grow.
Sent mine well before the countdown ended, along with PM to founder, Still not on list. Hope everyone who made the cutoff is properly added and processed. And alike everyone else, concur that the entire spread should go to the current investors, as opposed to 1/3rd to current investors and 2/3rds to dev to hold or 'distribute in the future', or by extending the IPO. It seems the only fair way to proceed.
Hello
Putting account addresses in posts could get this thread locked by the moderator
is better that you delete your post an send your account address in PM to the developer
or that you register on their page and put the message there
http://nxtl.eu/forum/discussion/8/change-account-for-investors
Putting account addresses in posts could get this thread locked by the moderator
is better that you delete your post an send your account address in PM to the developer
or that you register on their page and put the message there
http://nxtl.eu/forum/discussion/8/change-account-for-investors
PM with new account number sent
Seems to me like there are many persons who reserved several stakes.
Is there no control about the stakeholders like NEM has?
If I am right, I guess NXT-Lite won't be as fair as NEM.
Is there no control about the stakeholders like NEM has?
If I am right, I guess NXT-Lite won't be as fair as NEM.
I think NEM is unique in how thorough they were about removing sockpuppets.
You're right man !
Seems to me like there are many persons who reserved several stakes.
Is there no control about the stakeholders like NEM has?
If I am right, I guess NXT-Lite won't be as fair as NEM.
Is there no control about the stakeholders like NEM has?
If I am right, I guess NXT-Lite won't be as fair as NEM.
I think NEM is unique in how thorough they were about removing sockpuppets.
Quote
IPO needs to close and the remaining stake sell at auction
It's resonable. Auction for unclaimed at time stakes. And only for those stakes which were distributed for free.The paid stakes can't be put on auction at all.
Seems to me like there are many persons who reserved several stakes.
Is there no control about the stakeholders like NEM has?
If I am right, I guess NXT-Lite won't be as fair as NEM.
Is there no control about the stakeholders like NEM has?
If I am right, I guess NXT-Lite won't be as fair as NEM.
Worst thing you could do is to distribute 1/3rd of the coins among the 1200 users and keep the remianing coins for yourself.
Even if you are going to give these coins away later, people will always tell you, that you knept 2/3rd of the initial coins. (= unfaire distribution )
I dont want to tell you how to act and what to do.
Just do the right thing ! and put some thought into your decision.
Even if you are going to give these coins away later, people will always tell you, that you knept 2/3rd of the initial coins. (= unfaire distribution )
I dont want to tell you how to act and what to do.
Just do the right thing ! and put some thought into your decision.
I agree with this.
Can you confirm IPO is over and all coins will be distributed to the 1200 accounts?
This would be the wisest thing to do - the IPO has been open for weeks now. Those who are interested have applied. Simply divide the total number of NODE between the registered stakeholders and nobody can claim an unfair distribution.
NODEteam, for the sake of this coins do what your loyal community consider best for the future of coin. Second IPO will ruin this project!
+1
IPO needs to close and the remaining stake sell at auction
But in this case I would miss the IPO.
I was so glad to see there will be set up a second round, so I can participate another day after deadline of 25th may.
you have more then a hour to join now.
Worst thing you could do is to distribute 1/3rd of the coins among the 1200 users and keep the remianing coins for yourself.
Even if you are going to give these coins away later, people will always tell you, that you knept 2/3rd of the initial coins. (= unfaire distribution )
I dont want to tell you how to act and what to do.
Just do the right thing ! and put some thought into your decision.
Even if you are going to give these coins away later, people will always tell you, that you knept 2/3rd of the initial coins. (= unfaire distribution )
I dont want to tell you how to act and what to do.
Just do the right thing ! and put some thought into your decision.
I agree with this.
Can you confirm IPO is over and all coins will be distributed to the 1200 accounts?
This would be the wisest thing to do - the IPO has been open for weeks now. Those who are interested have applied. Simply divide the total number of NODE between the registered stakeholders and nobody can claim an unfair distribution.
But in this case I would miss the IPO.
I was so glad to see there will be set up a second round, so I can participate another day after deadline of 25th may.
Worst thing you could do is to distribute 1/3rd of the coins among the 1200 users and keep the remianing coins for yourself.
Even if you are going to give these coins away later, people will always tell you, that you knept 2/3rd of the initial coins. (= unfaire distribution )
I dont want to tell you how to act and what to do.
Just do the right thing ! and put some thought into your decision.
Even if you are going to give these coins away later, people will always tell you, that you knept 2/3rd of the initial coins. (= unfaire distribution )
I dont want to tell you how to act and what to do.
Just do the right thing ! and put some thought into your decision.
I agree with this.
Can you confirm IPO is over and all coins will be distributed to the 1200 accounts?
This would be the wisest thing to do - the IPO has been open for weeks now. Those who are interested have applied. Simply divide the total number of NODE between the registered stakeholders and nobody can claim an unfair distribution.
NODEteam, for the sake of this coins do what your loyal community consider best for the future of coin. Second IPO will ruin this project!
Worst thing you could do is to distribute 1/3rd of the coins among the 1200 users and keep the remianing coins for yourself.
Even if you are going to give these coins away later, people will always tell you, that you knept 2/3rd of the initial coins. (= unfaire distribution )
I dont want to tell you how to act and what to do.
Just do the right thing ! and put some thought into your decision.
Even if you are going to give these coins away later, people will always tell you, that you knept 2/3rd of the initial coins. (= unfaire distribution )
I dont want to tell you how to act and what to do.
Just do the right thing ! and put some thought into your decision.
I agree with this.
Can you confirm IPO is over and all coins will be distributed to the 1200 accounts?
This would be the wisest thing to do - the IPO has been open for weeks now. Those who are interested have applied. Simply divide the total number of NODE between the registered stakeholders and nobody can claim an unfair distribution.
Worst thing you could do is to distribute 1/3rd of the coins among the 1200 users and keep the remianing coins for yourself.
Even if you are going to give these coins away later, people will always tell you, that you knept 2/3rd of the initial coins. (= unfaire distribution )
I dont want to tell you how to act and what to do.
Just do the right thing ! and put some thought into your decision.
Even if you are going to give these coins away later, people will always tell you, that you knept 2/3rd of the initial coins. (= unfaire distribution )
I dont want to tell you how to act and what to do.
Just do the right thing ! and put some thought into your decision.
I agree with this.
Can you confirm IPO is over and all coins will be distributed to the 1200 accounts?
PM sent, please add me to the list.
Jump to: