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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 335. (Read 661499 times)

full member
Activity: 165
Merit: 104
Unfortunately I'm not a programmer and may you laugh me, but what if we would write another coin (little brother of NEM), which would only be possible to mine/forge by trading and/or holding NEM?
The more you hold, the more you mine. Also if you sell or buy some NEM you're earning some of the little brother. NEM should get an unbelievable thrust through and it would people
even more animate to use this Movement.

More I would bet some little stakes for Social Media, especially pages which are specialized for enlightening peepz and tell them about our current monetary system .
100 000 NEM for example for https://www.facebook.com/Killuminati.for.Wakeup?fref=ts when posting about us.
This may would bring a big thrust of new people interested to Cryptocurrency because 372 000 sociocritical people would read about it.

Tell me what you think of it Smiley

It is very nice idea and it is doable via creating asset/ coin on top of the asset exchange.  

That would be a really huge thing i guess and I was glad to see that the Community seems to like this idea, too. May let us keep in mind Smiley
There are a lot of things we can do in marketing, and stabilizing the coin.
For example we should create a wallet for downloading, like the Bitcoinwallet. Not like NXT in the browser. Personally I feel a lot more comfortable and easier to use by having it on my PC.
But it should be completely redesigned and intuitive to use, not another clone of a all these out there. It was feature a scam coin advertised a short time ago, but in the end it was just a trojan horse, which is good for us, so we could still be the first to build this client and add with it.

And for sure there already was this suggestion, but if we would be able to build up an exchange or possibility where people could buy their NEM directly with Euro/Dollar/etc., it would possible be the greatest thing that could happen to us. Not only that it would be a lot more easier especially for rookies to start getting their first coins, also it would give our community an important feature to stand alone and independent from the Bitcoinrate.

I would love to do this all, I'm not bad in marketing and selling products but unfortunately like I said, I'm not a programmer :/
At this moment it's all about collecting some suggestions and may getting some weird ideas together to see what's implementable and what's not Smiley

There will be probably a usable GUI wallet launched together with the coin. Or at least there was talk about that from the devs if I remember correctly, so there's no need to worry about that Cheesy.

Also we're currently in the early phases of creating a fiat to NEM exchange. Nothing is certain, but just to let you know that we're working on these things.


Hello.

Anyone who is included or will be included into development of NEM <--> FIAT.
exchange should check this interesting thread.
Is a project about decentralized BTC <--> FIAT exchange.

https://bitcointalk.org/index.php?topic=462236.0;topicseen

Maybe the ideas exposed there could be helpful for the NEM community and
maybe NEM developers can join together with developers of that project to help each other
in the exchange development.



Looks interesting, Ill read it thoroughly later today. Thanks for the info!
full member
Activity: 224
Merit: 100
Quote
3. How can I get my shares ?

You will need to access your BTT account to send a PM or make a post confirming the ownership of the account to claim your share. Detail instructions in an announcement will be posted here, NEM reddit, NEM facebook, ournem website and the announcement will last at least 5 days. It is your responsibility to read and follow the instructions to claim your shares. So please check back frequently. Thanks.

What happens with the coins when 4-5 people don't see the announcement and doesn't claim the share?

Maybe we can use it for giveaways?

Probably a good idea to use PM from this forum rather than emails to inform people of receipt of coins...there are issues with spam for many peoples' accounts (especially hotmail)...including mine. Lots of missed emails and had to change accounts. Cant do that here, now!

sr. member
Activity: 952
Merit: 253
Here you go... with the  Π and Ξ
Put them in a group to see what they look like...
Done nothing with the colour
full member
Activity: 165
Merit: 104
Now this is just to cheer up all the NEM'sters out there. A quote from NXT's official thread from come-from-beyond when talking about NXT's distribution:

The main issue I see is distributing the coins to enough people.

Agree. Without at least 100 users on start the whole currency is pointless. I would spend collected bitcoins for advertising instead of development of advanced features.




We have a wonderful community atm! If NXT has gotten this far with 73 stakeholders, just imagine what 3000 NEM'sters with better distribution can do Cheesy!

Agree... but I have one concern. Let's think what could happen during the first two weeks of NEM. If the price going up regarding the original one (but still cheap for a big whale), it's going to be attractive. Many of the stakeholders can be prompted to sell in order to get immediate profit and then; a big whale (or a few number) can buy a lot of NEM coins, thus concentrating the money in a few owners and diluting the major effort that UP and dev team is doing into produce a fair initial distribution. In a purely free-market framework, I guess this is a plausible scenario and hard to avoid unless you want to intervene the markets until the money raise to get a respectable price that makes difficult to buy big amounts for only one or a few persons

That is a legitimate concern and there is no comprehensive solution here. This problem will not be avoidable unless we create a centralized distribution, and that is something that noone wants.

One thing that will combat the centripetal movement of coins in the longer terms is the improved forging mechanism where the fee coins will be distributed not based just to POS.
newbie
Activity: 26
Merit: 0
We have a wonderful community atm! If NXT has gotten this far with 73 stakeholders, just imagine what 3000 NEM'sters with better distribution can do Cheesy!

 Wink
sr. member
Activity: 952
Merit: 253
I don't normally do this kind of stuff (and probably shouldn't  Cheesy)
I'm an engineer so it probably shows that I've gone for a square 3D object...
But can we please have someone thinking out of the 'box' on this logo...

I thought this was more than a coin... so do we have to look like all the other coins that are out there...

Dude that's pretty cool. Colours arent rly my thing but the idea is very good imho.

I like this very much too - and I'm on the same thoughts with changing the colours - perhaps change the N and E to Π and Ξ as seen in some of the other logo designs?

Well if you like I can try to change the colours and find the Π and Ξ on my keyboard
What colours?
member
Activity: 104
Merit: 10
I don't normally do this kind of stuff (and probably shouldn't  Cheesy)
I'm an engineer so it probably shows that I've gone for a square 3D object...
But can we please have someone thinking out of the 'box' on this logo...



I thought this was more than a coin... so do we have to look like all the other coins that are out there...

Dude that's pretty cool. Colours arent rly my thing but the idea is very good imho.

I like this very much too - and I'm on the same thoughts with changing the colours - perhaps change the N and E to Π and Ξ as seen in some of the other logo designs?
sr. member
Activity: 602
Merit: 268
Internet of Value
Who is our target audience/customer


This is important. There are over a hundred cryptocurrencies , all of them offering similar services. How do we create a niche market for NEM. What kind of people are we looking to attract to NEM. We cannot be all things to every one, that would make us a weak generic coin.

 How are we fundamentally different from other coins?. We need a selling point for people to be particularly interested in using NEM rather than the competition. POI is an interesting forging concept, but it will only attract miners, mostly looking for a quick profit, Who will dump NEM without a second thought even for a little extra profit.

We need a slogan and we need to back it up with deeds. We need to find people who believes in that cause and fiercely target them. If we get our niche members we have no need to fear anyone.

Utopian Future please tell us what are we trying to achieve with NEM. I know its to make the world a better place with technology, but its too broad, do we have any particular cause we would really like to make a difference in?

Marketing( spreading awareness) NEM right now seems pointless,  unless we can decide what is to be marketed or promoted.

Bitcoin is the first crypto coin that starts the decentralization + financial freedom movements. To be fair every crypto can claim to be used for decentralization + financial freedom. What's I like to see with the community 1-2 year along the way is that we together organize a lot of social projects/ events. It should be a decentralized, grassroots effort with many different local groups but we could also have some centralized coordination. Raising value of NEM/ Nemcoin would be the financial vehicle for the community to fund its project/ events. At the same times, if we do it right and start to be real-world relevance, NEM price would be raising even further and make our works easier.

Another aspect we need to do well is to expand the user-bases and distribute NEM to as many people as possible. When we makes/ helps a new person adopt NEM, we further the cause of decentralization + financial freedom. imo, decentralized asset exchange is a big technological forward and the user-case potential is huge so that's something we should be ready to promote in a big way and adopt as many users as possible.
sr. member
Activity: 602
Merit: 268
Internet of Value
Now this is just to cheer up all the NEM'sters out there. A quote from NXT's official thread from come-from-beyond when talking about NXT's distribution:

The main issue I see is distributing the coins to enough people.

Agree. Without at least 100 users on start the whole currency is pointless. I would spend collected bitcoins for advertising instead of development of advanced features.




We have a wonderful community atm! If NXT has gotten this far with 73 stakeholders, just imagine what 3000 NEM'sters with better distribution can do Cheesy!

Agree... but I have one concern. Let's think what could happen during the first two weeks of NEM. If the price going up regarding the original one (but still cheap for a big whale), it's going to be attractive. Many of the stakeholders can be prompted to sell in order to get immediate profit and then; a big whale (or a few number) can buy a lot of NEM coins, thus concentrating the money in a few owners and diluting the major effort that UP and dev team is doing into produce a fair initial distribution. In a purely free-market framework, I guess this is a plausible scenario and hard to avoid unless you want to intervene the markets until the money raise to get a respectable price that makes difficult to buy big amounts for only one or a few persons

NEM concept of equality and fair distribution is that everyone should have a fair chance to start the game. After that it is individual's choice that shapes up his/ her destiny. I am for free market, individual choices and financial freedom. It should make sense that people who are more hard-working and smarter should end up better off so that people are willing to work harder, taking risk and innovating. So even if we start with a perfectly flat line for wealth distribution, we will start to move to somewhat normal distribution of wealth over times and imo it is bad idea to intervene with that process.
I prefer the capital accumulation and innovation aspect of capitalism, but the big flaw in it is the generational transfer of wealth. One should not be born in an extreme richness just as much as one should not be born in misery, slavery with litter chance to progress in life. We should all embrace the motto of giving everyone a fair chance in life and help people, especially with children, who are a disadvantaged position to start the life with.

NEM fundraising is symbolic for the idea of "fair chance". We limit the individual contribution to a maximum of 50$  and open the registration as wide and as far as possible. There are no distinction between veteran users versus new users, no distinction between rich users versus poor users (in case 50$ is too much for you, there are are many promotional stakes to join as well). Everyone who are in with NEM will start at an equal position. It is not perfect but I think we have done an okay job and it would be a nice social experiment to see what kind of wealth distribution we will end up with 3-6 months- 1-2 years after the launch.
hero member
Activity: 588
Merit: 500
NEM ....best currency distribution ever ...!!!!!!!
I don't normally do this kind of stuff (and probably shouldn't  Cheesy)
I'm an engineer so it probably shows that I've gone for a square 3D object...
But can we please have someone thinking out of the 'box' on this logo...



I thought this was more than a coin... so do we have to look like all the other coins that are out there...




This ones the best. First building block to the New Economy...colours need to be tweeked though
newbie
Activity: 21
Merit: 0
I don't normally do this kind of stuff (and probably shouldn't  Cheesy)
I'm an engineer so it probably shows that I've gone for a square 3D object...
But can we please have someone thinking out of the 'box' on this logo...

https://dl.dropboxusercontent.com/u/53047281/NEM.png

I thought this was more than a coin... so do we have to look like all the other coins that are out there...

Dude that's pretty cool. Colours arent rly my thing but the idea is very good imho.

oh, i like the logo.
newbie
Activity: 47
Merit: 0
@play4ace I like this one with some further refinements. But why the letter "E" is cut in the corner ?

http://farm3.staticflickr.com/2813/12812648023_66f0263fb8.jpg
f6i4 by futureutopian, on Flickr

I really like this one. it's as unique as bitcoin-symbol !
Can we take this as our main-logo or do we have to pass a voting before?
sr. member
Activity: 602
Merit: 268
Internet of Value
@play4ace I like this one with some further refinements. But why the letter "E" is cut in the corner ?


f6i4 by futureutopian, on Flickr
sr. member
Activity: 602
Merit: 268
Internet of Value
Now that the fundraising is over (I am a stakeholder), what is the present status of NEM? Is there a thread or post summarising the state of the art?

I plan to have a big update on development, plan ahead after the public auditing in about 10 days. Then there will be a short refund period. Links to all main updates will be at the front page of this thread/ update section.
sr. member
Activity: 420
Merit: 250
Who is our target audience/customer


This is important. There are over a hundred cryptocurrencies , all of them offering similar services. How do we create a niche market for NEM. What kind of people are we looking to attract to NEM. We cannot be all things to every one, that would make us a weak generic coin.

 How are we fundamentally different from other coins?. We need a selling point for people to be particularly interested in using NEM rather than the competition. POI is an interesting forging concept, but it will only attract miners, mostly looking for a quick profit, Who will dump NEM without a second thought even for a little extra profit.

We need a slogan and we need to back it up with deeds. We need to find people who believes in that cause and fiercely target them. If we get our niche members we have no need to fear anyone.

Utopian Future please tell us what are we trying to achieve with NEM. I know its to make the world a better place with technology, but its too broad, do we have any particular cause we would really like to make a difference in?

Marketing( spreading awareness) NEM right now seems pointless,  unless we can decide what is to be marketed or promoted.

 
sr. member
Activity: 952
Merit: 253
I don't normally do this kind of stuff (and probably shouldn't  Cheesy)
I'm an engineer so it probably shows that I've gone for a square 3D object...
But can we please have someone thinking out of the 'box' on this logo...

I thought this was more than a coin... so do we have to look like all the other coins that are out there...

Dude that's pretty cool. Colours arent rly my thing but the idea is very good imho.

TY very much  - it took 5 mins in powerpoint, and I gave up on the colours when I couldn't make the slidey shader thing change them Smiley
SO I'm sure the real creative people in the NEM community can some up with something a lot better...
hero member
Activity: 980
Merit: 1001
I don't normally do this kind of stuff (and probably shouldn't  Cheesy)
I'm an engineer so it probably shows that I've gone for a square 3D object...
But can we please have someone thinking out of the 'box' on this logo...



I thought this was more than a coin... so do we have to look like all the other coins that are out there...

Dude that's pretty cool. Colours arent rly my thing but the idea is very good imho.
sr. member
Activity: 952
Merit: 253
I don't normally do this kind of stuff (and probably shouldn't  Cheesy)
I'm an engineer so it probably shows that I've gone for a square 3D object...
But can we please have someone thinking out of the 'box' on this logo...



I thought this was more than a coin... so do we have to look like all the other coins that are out there...
hero member
Activity: 980
Merit: 1001
Now that the fundraising is over (I am a stakeholder), what is the present status of NEM? Is there a thread or post summarising the state of the art?

1st post of this thread get's updated.
hero member
Activity: 658
Merit: 503
Monero Core Team
Now that the fundraising is over (I am a stakeholder), what is the present status of NEM? Is there a thread or post summarising the state of the art?
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