A lot of people are talking/dreaming about a future price (in fiat/btc) of NEM and the wildest predictions come to mind. Let's think this over in a realistic way. 3000 shareholders get about 1000000 NEM. The initial input/price was between 0 and 0.08btc. Let's take 0.04btc as an average. This means the initial value is 0.00000004btc. If NEM hits an exchange, unlike 'traditional' mined cryptocurrencies 4 billion 'coins' will be available instantly. Stakeholders ofcourse won't sell their million at this price. Some, however, will do so when they have a (nice) profit of, let's say 100-500%. This means that the market will be flooded by NEM at prices of 0.0000002btc. If NEM proves to be a better 'system' than NXT, this value could rise ofcourse but then it has to prove alot (good for businesses, handy, good clients (better than NXT). In order to do so, developpers will need bounties who are actually worth something. If you put NEM against NXT, a big difference is that NXT was the new innovative kid in town with 73 stakeholders who had huuuuge amounts of NXT and who could miss a few 100K NXT. This will be a real challenge to NEM, will the community (stakeholders) be prepared to donate a relative much more significant amount of their NEM (which won't be worth much initially) in order to develop the 'system'.
Enthusiasm and logo's won't cut it this time I think. A much bigger altruistic (read: sharing a lot of your NEM for the bigger cause and not haording them until they pay for your mortgage) effort will be needed.
Your thoughts?
Enthusiasm and logo's won't cut it this time I think. A much bigger altruistic (read: sharing a lot of your NEM for the bigger cause and not haording them until they pay for your mortgage) effort will be needed.
Your thoughts?
IMO it will depend on the final number of stakeholders. If the final number is 3000, maybe you can distribute 3 billion NEM (that is 1 million per stakeholder) and to put the remaining 1 billion in some sort of community fund that can support bounties, development, long-term investments etc. That can help to reduce the pressure of the stakeholders to give significant amount of NEM coins to this project and that money can be reserved to trade it (either the currency or a commodity). If the team decide to distribute it completely, then as you said, it is needed a bigger altruistic effort. In my case, I plan to reserve a 50% for my personal use and give the rest to finance any project or fund that the community required. Of course, it is not a rigid plan and it will depend on the evolution of the currency
I think bandar is correct. If i receive 1 million NEM, i will not be inclined to give a share of my stake so easily. In the opening post we have two kind of stakes: regular stakes en development stakes. So a part of NEM will be developed. But to continue and guarantee future development of NEM we need a development fund that should have a sizable stake as conbos suggests. A community committee could decide how to spend the funds. If we have a voting mechanism then the NEM community can decide who should be in the committee.
But how is that necessary a bad thing? When people doesnt give their coins for free does it mean at the same time maube price will instead be higher and after that, less is actually more...
I just dont get that concept, which you guys refer. We have allready 1500-2000 community, which i see an great advance looked from investment aspect.
I don't know if any entity still holds the trademark to the image though. It used to be used for something else... by that I mean the circle, triangle, square logo. I'm sure some posters here must know what... a hint would be that if you watched "star trek voyager" when it was putting out new episodes you likely watched it on what network? 
