Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 188. (Read 661498 times)

I really believe it. If you are a regular person. NEM is where you want to be.

And more...

A handful of mining pools all but control bitcoin.
ASICs are a heartbeat away from Litecoin so that'll happen their too.
And one guy from NXT gets 70% of the mining fees!!!!!

I'm very excited about NEM's POI. Rewarding nodes for actually serving the network in a reasonable way.

totally agree!NEM is one of the most fair mining systems called POI.

People bitching about founder/developer shares.

SHUT

THE FUCK

UP

You wouldn't have shit here without them, so fuck off if you don't like it.  My apologies UF for bringing some putrid language into your thread, but I believe it had to be said.

That is all.  

Satoshi owns more than 10% of bitcoin by himself.
I don't know if it's true but I heard Charles Lee owns 27% of Litecoin.
The top two Litecoin wallets each have 10% of Litecoin in them.
JR once owned or still owns more than half of Mastercoin.
NXT was divided by 73 people, some getting way more than others.
Ripple labs owns half of the Ripple from premine.
And these aren't the pump and dumps.

NEM's distribution will be amazing! The "core" development team has 8 people but that is just the core. Some of the seriously hard working developers might end up with 1% but considering their effort and considering the norm in cryptocurrencies, this will by far be the most egalitarian distribution BY FAR!!! NEM is already trying to do something that hasn't been done. NEM won't just start off fair, it tries to stay that way. NEM will have one of the most fair mining systems called POI.

In regards to NEM, I always thought that I wouldn't mind if one person had 10% of the total coins, if and only if that person wasn't greedy, and main focus was to combat greedy whales whose sole goal is to pump and dump over and over again until they took as many Bitcoins from other people as possible.

How many names are on the waiting list? Can everyone get a share?

WTF

I made a promise to myself that I will act nice when it comes to things regarding NEM because I want to respect the movement. I'm going to say this as nice as possible.

You are not seeing the big picture here. You are very short-sighted. Missing the point in a very very idiotic way. Open your eyes and take the lint out of your ears.

60 times more for the CREATORS than the guy who just CAME to what these guys CREATED!!

That for one is the best deal I have seen. Look around, but follow my advice above first.

SMH

Man, I wish I was on this forum back when this came out!

Can't wait until the auction... I want to be a part of this!

Can some one update this forum so I can just 'ignore newbie' which is the same as 'ignore sock puppet'

Hey sockies if you have a stake be grateful, its more than you deserve.

If the Dev's haven't been working hard on this then it will be crap and none of the stakes will be worth anything.

If, as I hope, they have been working damned hard to create a new, innovative, PoS, 2.0 coin then it will be worth something, we will all benefit from our stakes and they deserve to be rewarded for using their talents to create it.

What the fuck is wrong with you, people? Those guys worked hard on the project and have been given away stakes for free. Except very small part at the end for dirt cheap. And y'all didn't do shit except screaming your arses about sockpuppets. They deserve whatever they want.

NEM sounds like old economy now. UP and dev guys who missed out on NXT  got extreme envy for NXT 73 and then they get plebs excited about a 'no envy  movement' pied piper style.

But you guys are into this for yourselves. No problem with that, but it's not your message. I'm envious of the dev stakes, so I can't be in NEM.

NXTL & NHZ are better for the little guy.

Yes, NEM is in the hands of trustworthy developers whom should be allowed to benefit from the work they pour into the NEM structure.
NEM is something that has the potential to change the world. It overcomes many of Bitcoins weaknesses.
To me "no envy movement" does not mean absolutely equal shares... that just promotes negative behavior... just look at absolute communism and the effect it has had on the world. That's not fair for the devs.
Developers deserve every bit of reward and compensation they receive... they would not want to corrupt their creation.
You people should be thankful, and not so greedy.

You confuse fairness and a lack of envy.

Exactly, up until this point NEM (or its technological properties) belongs completely to the core development team. The system will start its own life only when the it officially launch and after that the community opinion could overwhelm one of the core development team. 

-NEM should not release parts of source till sometime after launch, this could provide opportunities for copycats, and besides any snippet of code released that is unsubstantial is exactly that... unsubstantial.

-If you release substantial code pre-launch you get copycats, if you release unsubstantial code you prove nothing.

-It would be in the best interest of NEM to just release code sometime after launchday.

 -we do not know the total developer distribution yet.

-I trust Utopian Future to provide fair distribution, he has not given us any reason for suspicion... relax.

-I do not yet hold a stake, however I am on the waiting list and intend to support NEM regardless.

Thanks for your hard work NEM devs!
-Erik

you started behaving like this coin is your property

The deal so far has been very very good for a regular stakeholder. Each core developer will get about 60-80 times a regular stake but let me be frank if you are a helpful stakeholder who run a node and contribute to NEM marketing from times to times, a core developer contributes about 1000 times more than you do. And I only estimate that until V1 blockchain completed because if all core developers stay with NEM until NEM technological road-map being completed, they will contribute way way more than that.

I do my best to keep key developers staying with us for a long term and make NEM (and its ecosystem) the most advanced technological system possible and that would be the way to treat our developers. I hope this would be the message to all other developers out there as well. But not only NEM key developers would be rewarded monetarily, I believe we have a coherent vision and a technological road-map that would make NEM one of the most successful decentralized system in one year.

You should believe me otherwise you can leave and go after other blockchain such as Nxt, Nas, Blackcoin or whatever coin out there. Talented people drive technological progress and NEM concept of fairness is to set the incentive system in the right place. NEM system rewards people who contribute the most not to reward some rich investors or some lucky random people. If anyone fails to understand this point, he should consider leaving for the next fairest and free coin out there.

if u think source will be of excellent quality, then why do u want a sample source of code?

what about the 10 % premine... dark years worse?