Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 122. (Read 661498 times)

The waiting list invitation period lasted 2 weeks and was over a coupe days ago, and now I would like to present you the NEM final stakeholder list in this link.

https://docs.google.com/spreadsheet/ccc?key=0AlidWok7hW0DdFRROFFGVUpwcFFXcHVCdGc0a3NuQVE&usp=drive_web#gid=10

It was a long process lasting close to four months and filled with drama, and finally I am happy to say that it came to an end. The waiting list invitations were sent directly to 134 accounts in the waiting list thread and 91 of them has agreed to join in. This is the invitation letter I sent out:

https://docs.google.com/document/d/1q-Ew6-ac_3NmWHxO2O0WivNOP7Wz9sghTYS2tPWqd8E/edit

I am very happy that the majority of waiting list people agreed to join us not only because they sent the biggest donation to NEM development fund, but also because they are much more likely to be helpful to NEM than an average stakeholder in earlier stages (better selection process). For that I am thankful that you agreed to join us.  

As it is the stakeholder list now consists of 2844 stakeholders and that would leave 156 NEM shares (=156 million NEM) for the auction held later on. Minus a coupe of shares for corrections and addition, the shares for auction will be closer to 4% of the total NEM than 3% estimated earlier.

On the blockchain development, we have been working non-stop for three months with almost no off day (that is for the whole team, each of us sometimes takes a necessary break) and we are getting close to an Alpha release but not there yet. Personally, I can't be happier with the team we have and I expect much bigger things for our collaboration. First 3 months could just be a tiny step in the lifespan of NEM. I  have a longer commitment to NEM development and I hope stakeholders would share my view.

But if you do not, we will offer you some ways to sell all or a part of your stake soon. The first obvious way is to request a refund for your contribution. I will open a refund request soon and all refund requests would be honored (minus transaction fee) until the NEM official launch. We are also exploring some pre-launch trading options including issuing temporary tokens representing NEM stakes aka Maidsafe coin issuance style.

Gimre have been updating to you about coding progress in this thread regularly and we promise that we won't leave the community in the dark about what we are working on (except things that has a chance of being cloned easily by a competitor). However it should be kept in mind that "we are working on A" or" we plan to work on A" does not translate to "we promise to deliver A in". Priorities could change and we don't make feature promises until the features are production ready.

Finally, I would say relax, have some fun and wait for the Nemesis. I think at this point you can be sure that we are not running off with your money  

I want to know: What if I already have a stake? Will it be possible and allowed to get one in the auction, through?

I think an in house auction is preferable, I'm no good with Teck but auctions are more my thing.
There are several types of auctions, the ones i attend usually have similar formats.
>Buyer pays a deposit
>Buyer bids on 1 lot
>if buyer wins the lot he then pays the difference.

>multiple lots (say 10 Nem stakes)
>buyer pays a deposit
>buyer wins bid on 1 lot then is given the option to purchase the remains 9 lots. (it's called options)
>If buyer only wants 1 lot then the remaining lots are put back in the auction room.

An Alpha launch would obviously increase the price of a Nem stake. i understand haters, detractors and the like trolling Nem and the auction before alpha but nothing beats the buzz of an auction.
I say lets start an auction (soon) start the buzz and establish a base point. When Alpha is released then there is a measuring stick for further auctions . Regardless when, i'm very interested in the format of the auctions .

Do you want to sell your account or stake? You will not find someone that will send you 3 BTC for just the promise that you will send the NEM

I want to join the great project,dev,can I have a chance?thank you

You must be a realy tough guy. Filled with steroids and spareribs