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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 127. (Read 661498 times)

member
Activity: 73
Merit: 10
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 Wink  
thanks for the update,enjoy the info
sr. member
Activity: 602
Merit: 268
Internet of Value
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 Wink  
hero member
Activity: 490
Merit: 504
we will see, I am "studying" all of these community coins and they have big problems with massive dumping - while Nxt had only few dumpers, more widely distributed coins have tons of them. So the question is - will Nem follow the faith of the Comm, Faircoin etc?

There will be dumping. The difference is NEM doesn't have to worry about this,because in our case there will be 2 people wanting to buy as long as we spend our energy spreading to word as opposed to spending our time begging people not to dump

No worries about NEM-this is strong coin and strong community! When some people will sell,another will buy - because this is no just clone or shitcoin.
yes, it is new, but crypto community is quite small - so as someone said that there would be 2 buyers for 1 seller - I would hesitate. There would be many buyers, but question could be - how many really? Is 6000 buyers a lot? I guess that could take 1-2 months
sr. member
Activity: 382
Merit: 250
Iota and JINN
we will see, I am "studying" all of these community coins and they have big problems with massive dumping - while Nxt had only few dumpers, more widely distributed coins have tons of them. So the question is - will Nem follow the faith of the Comm, Faircoin etc?

There will be dumping. The difference is NEM doesn't have to worry about this,because in our case there will be 2 people wanting to buy as long as we spend our energy spreading to word as opposed to spending our time begging people not to dump

No worries about NEM-this is strong coin and strong community! When some people will sell,another will buy - because this is no just clone or shitcoin.
hero member
Activity: 756
Merit: 506
we will see, I am "studying" all of these community coins and they have big problems with massive dumping - while Nxt had only few dumpers, more widely distributed coins have tons of them. So the question is - will Nem follow the faith of the Comm, Faircoin etc?

There will be dumping. The difference is NEM doesn't have to worry about this,because in our case there will be 2 people wanting to buy as long as we spend our energy spreading to word as opposed to spending our time begging people not to dump

Anyone can read for five minutes and know that "Faircoin" wasn't fair, it was POW for awhile, it was also a $hitclone with a small userbase / community and then the Faircoin developer fled / abandoned development.  Don't know / don't care about Community Coin.
hero member
Activity: 658
Merit: 503
Monero Core Team
Will NEM have an interest rate, like TEK or PHS? High interest encourage people to hoard, which in turn secures the network.
hero member
Activity: 1232
Merit: 528
Community Manager: ETN
we will see, I am "studying" all of these community coins and they have big problems with massive dumping - while Nxt had only few dumpers, more widely distributed coins have tons of them. So the question is - will Nem follow the faith of the Comm, Faircoin etc?

There will be dumping. The difference is NEM doesn't have to worry about this,because in our case there will be 2 people wanting to buy as long as we spend our energy spreading to word as opposed to spending our time begging people not to dump
sr. member
Activity: 382
Merit: 250
Iota and JINN
Guys do you realize that a NEM stake is going almost $2000 right now!

This is before the alpha!! Before the whitepaper. With ZERO marketing!!

This is soooooo amazing!!

And now for the most amazing part....

Do you have a link to a confirmed sale of a NEM stake for 2000$ for me handy?

I will be happy to see proof as well Roll Eyes
sr. member
Activity: 382
Merit: 250
Iota and JINN
Taking too long man.. People will start to lose interest. There is nothing to see yet.

If we will rush we 'll take something like this:

https://bitcointalksearch.org/topic/wallets-stolen-by-hackerswere-sorrycontact-anon136-for-escrow-580537

(shitcoin-clone nxt)

 Roll Eyes Roll Eyes Roll Eyes
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
Guys do you realize that a NEM stake is going almost $2000 right now!

This is before the alpha!! Before the whitepaper. With ZERO marketing!!

This is soooooo amazing!!

And now for the most amazing part....

Do you have a link to a confirmed sale of a NEM stake for 2000$ for me handy?
hero member
Activity: 490
Merit: 504
we will see, I am "studying" all of these community coins and they have big problems with massive dumping - while Nxt had only few dumpers, more widely distributed coins have tons of them. So the question is - will Nem follow the faith of the Comm, Faircoin etc?
hero member
Activity: 1232
Merit: 528
Community Manager: ETN
Guys do you realize that a NEM stake is going almost $2000 right now!

This is before the alpha!! Before the whitepaper. With ZERO marketing!!

This is soooooo amazing!!

And now for the most amazing part....





Do you understand how much the promotional fund is going to be worth??

This fact alone will attract many new members to the community by this fact alone!!

Now think about what will happen when it start being used.

OMG!!! Move over BITCOIN!! Holy. shit.
newbie
Activity: 44
Merit: 0
I find that logo a little bit feminine and toothless, and at first look, I would think that it is some brand of Bio products for vegies or something, looks like characters are made of leafes.
You must be a realy tough guy. Filled with steroids and spareribs  Cheesy

My SchwartzCoin is bigger than yours.


Don't give anyone idea's or we'll be seeing: [ANN] [SWTZ] SchwartzCoin | A Coin For The Compensating Man | 100%Proof-of-Shortcoming
hero member
Activity: 490
Merit: 504
What will devs do with their stakes? (holding / controling / dumping / donating...)
hero member
Activity: 518
Merit: 504
I find that logo a little bit feminine and toothless, and at first look, I would think that it is some brand of Bio products for vegies or something, looks like characters are made of leafes.
You must be a realy tough guy. Filled with steroids and spareribs  Cheesy

My SchwartzCoin is bigger than yours.
hero member
Activity: 984
Merit: 1000
I find that logo a little bit feminine and toothless, and at first look, I would think that it is some brand of Bio products for vegies or something, looks like characters are made of leafes.
You must be a realy tough guy. Filled with steroids and spareribs  Cheesy
newbie
Activity: 11
Merit: 0
Would someone mind explaining how the POI system will work? Simplest explanation possible would be great.
legendary
Activity: 1204
Merit: 1004
newbie
Activity: 50
Merit: 0
hero member
Activity: 588
Merit: 500
NEM ....best currency distribution ever ...!!!!!!!
trying out some new ideas:



Something is not right.

Possibly it needs to look more 3D'ish, looks like a flat 2D image or maybe it needs a small black border

I was totally psyched about that logo until UP pointed out that they look a little like helmets (which is undeniable).
It's ruined now Cry

Remember....if you look at anything long enough it starts to look a bit crazy....although I do like it I must admit
that those who see a C instead of an E do have a point so maybe this is not good enough. But the originator
of this logo does deserve plaudits.........almost there mate.......so close..!!!
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