[NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 448.

TauMuon

full member

Activity: 224

Merit: 100

NEM Enthusiast

Quote from: utopianfuture on February 05, 2014, 09:02:34 AM

update: our doge subreddit ad has come online for a while

Here is a few statistics

date      impressions   clicks   click-through (%)
2014-02-05 00:00 -0500   32   0   0
2014-02-05 01:00 -0500   1,042   23   2.207
2014-02-05 02:00 -0500   3,541   59   1.666
2014-02-05 03:00 -0500   711   10   1.406
2014-02-05 04:00 -0500   573   13   2.269
2014-02-05 05:00 -0500   715   10   1.399
2014-02-05 06:00 -0500   1,345   34   2.528
TOTAL *    7,959   149   1.872%

and comments

SUCH FUN

make some noises but be polite

we want more dog-er with us

I view it live now http://www.reddit.com/r/dogecoin/?ad=t3_1wq6wj

I think you're unlikely to get any positive responses on the Dogecoin subreddit, if I'm brutally honest. With luck people will click on the link and find out what NEM is about for themselves rather than reading the 'criticisms' in the comments section.

tron666

member

Activity: 112

Merit: 10

Quote from: freigeist on February 05, 2014, 06:36:10 AM

Quote from: Jaguar0625 on February 04, 2014, 11:23:03 PM

We have been considering moving away from a pure-POS forging mechanism and creating a hybrid POS/proof-of-network (PON) forging scheme that will better reward the people running NEM nodes since each node adds value and redundancy to the NEM network.

+1

Hello.

This is good as it may facilitate mass adoption because people
could just join NEM by running a client without buying coins and earn some fees
by helping the network.
I would suggest you to check the concept of timekoin at http://timekoin.org/
which uses similar concept.

The user earn coins by running a node.
The difference is that timekoin has an infinite number
of coins that can be generated and the there are no fees i think.
Every node is allowed to generate a coin in random time frame.
More time the node is online the more chances to generate coins it has.

I think this would be worth investigating how partially port this concept to NEM
that part of the fees goes to
nodes depending on the time spent securing the network.

I see NXT as pure POS coin has problems of distribution because of the sudden exponential price rise
people won't buy the coin because and because it requires big amounts of NXT to forge something as
the number of transaction i currently low.

I think that with the concept above this scenario can be avoided.

greetins Wink

Could there be a small "lucky" part where a part of the transaction fee goes into a pot and once in a while the pot is given to some random wallet?

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

update: our doge subreddit ad has come online for a while

Here is a few statistics

date      impressions   clicks   click-through (%)
2014-02-05 00:00 -0500   32   0   0
2014-02-05 01:00 -0500   1,042   23   2.207
2014-02-05 02:00 -0500   3,541   59   1.666
2014-02-05 03:00 -0500   711   10   1.406
2014-02-05 04:00 -0500   573   13   2.269
2014-02-05 05:00 -0500   715   10   1.399
2014-02-05 06:00 -0500   1,345   34   2.528
TOTAL *    7,959   149   1.872%

and comments

SUCH FUN

make some noises but be polite

we want more dog-er with us

I view it live now http://www.reddit.com/r/dogecoin/?ad=t3_1wq6wj

oleyla

newbie

Activity: 8

Merit: 0

Respected Utopianfuture !
In NEM Stakeholder list happened two identical rooms of different accounts

1648 rascal2012 Y
&
1648 BlueFalcon13 Y

freigeist

hero member

Activity: 1116

Merit: 535

Quote from: patmast3r on February 05, 2014, 06:50:35 AM

Imho it'd be better to keep the systems as is regarding distribution of coins i.e. finite number and fees. An infinite number of coins will create inflation like crazy and people probably won't buy into it in the first place.
Obviously we then need the fees to reward people for forging.

POS/PON in general i think are great ideas. I think it'll be important to find the right balance between POS and PON. E.g. how long will it take me to forge a block with little or no NEM but a node that is running 24/7 ?
I think this could also eliminate the complaints from people that the rich get ritcher with the current Nxt - POS implementation.

Just to through out numbers to start a discussion - I think 40 % POS / 60 % PON could be fair. I think this would reflect that you're helping NEM more by running a node than hoarding your coins.

Thoughts ?

I agree with you therefore i have written that the concept should be partially adapted
as the number of coins in NEM is finite. Part of the forging fee should go to nodes that are securing the netowrk using PON.
The best POS / PON ratio yet shuld be found.

+1 to your advice 40 % POS / 60 % PON or something in that range to avoid hoarding.

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: freigeist on February 05, 2014, 06:36:10 AM

The user earn coins by running a node.
The difference is that timekoin has an infinite number
of coins that can be generated and the there are no fees i think.

Imho it'd be better to keep the systems as is regarding distribution of coins i.e. finite number and fees. An infinite number of coins will create inflation like crazy and people probably won't buy into it in the first place.
Obviously we then need the fees to reward people for forging.

POS/PON in general i think are great ideas. I think it'll be important to find the right balance between POS and PON. E.g. how long will it take me to forge a block with little or no NEM but a node that is running 24/7 ?
I think this could also eliminate the complaints from people that the rich get ritcher with the current Nxt - POS implementation.

Just to through out numbers to start a discussion - I think 40 % POS / 60 % PON could be fair. I think this would reflect that you're helping NEM more by running a node than hoarding your coins.

Thoughts ?

freigeist

hero member

Activity: 1116

Merit: 535

Quote from: Jaguar0625 on February 04, 2014, 11:23:03 PM

We have been considering moving away from a pure-POS forging mechanism and creating a hybrid POS/proof-of-network (PON) forging scheme that will better reward the people running NEM nodes since each node adds value and redundancy to the NEM network.

+1

Hello.

This is good as it may facilitate mass adoption because people
could just join NEM by running a client without buying coins and earn some fees
by helping the network.
I would suggest you to check the concept of timekoin at http://timekoin.org/
which uses similar concept.

The user earn coins by running a node.
The difference is that timekoin has an infinite number
of coins that can be generated and the there are no fees i think.
Every node is allowed to generate a coin in random time frame.
More time the node is online the more chances to generate coins it has.

I think this would be worth investigating how partially port this concept to NEM
that part of the fees goes to
nodes depending on the time spent securing the network.

I see NXT as pure POS coin has problems of distribution because of the sudden exponential price rise
people won't buy the coin because and because it requires big amounts of NXT to forge something as
the number of transaction i currently low.

I think that with the concept above this scenario can be avoided.

greetins Wink

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: SlyWax on February 05, 2014, 06:11:02 AM

Can someone put a Y in front of my registration entry at line 1085 in the "NEM Stakeholder list" ?
Kooream, utopianfuture ?

Here is the link :
https://bitcointalksearch.org/topic/m.4787819

Sorry it has to wait for a while until the thread 1 audition is over.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: therealbigcoin on February 05, 2014, 05:34:09 AM

I cant find me in the stakeholder list but paid 0.05 BTC whats wrong?

Where is your post?

SlyWax

sr. member

Activity: 248

Merit: 251

Can someone put a Y in front of my registration entry at line 1085 in the "NEM Stakeholder list" ?
Kooream, utopianfuture ?

Here is the link :
https://bitcointalksearch.org/topic/m.4787819

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: therealbigcoin on February 05, 2014, 05:34:09 AM

I cant find me in the stakeholder list but paid 0.05 BTC whats wrong?

On which page are you in the registration thread. The list is manually updated and may just not be up-to-date.

highscore

full member

Activity: 286

Merit: 100

Quote from: utopianfuture on February 04, 2014, 10:06:06 AM

I will talk to Jaguar tonight. As said earlier, hard cap is 4000 but I think 3000 is more manageable logistically. We are about at 2100-2200 now so it takes about 40-50 pages more to reach the target stakeholders around 3000. But then we would need to delete duplicate accounts and unqualified accounts so the total would drop a bit.

You talk about?

therealbigcoin

sr. member

Activity: 729

Merit: 251

I cant find me in the stakeholder list but paid 0.05 BTC whats wrong?

makoto1337

legendary

Activity: 1596

Merit: 1000

I am not Dorian Nakamoto.

I think there is nothing wrong with a coin-like design. I kind of like it. However, it should not be the only design, but rather there should be a non-coin logo as well.

gimre

legendary

Activity: 866

Merit: 1002

Quote from: patmast3r on February 05, 2014, 03:14:50 AM

Quote from: makoto1337 on February 05, 2014, 02:58:05 AM

Really cool, but can we get a "flat" version. Like something that would feel at home in iOS. Also, can you make a version without the coin, but just the 8 lines representing NEM? Actually, I was sketching logos last night and came up with the same idea as you, representing NEM with the 8 lines. I think it is the way to go for a logo.

I hope we're not ciritzizing you too much - Just wan't to get it right

Shouldn't the top and bottom of the letters be aligned ? I don't know if it would still fit into the coin if the "spread" is kept equal for all letters but the "E" currently looks a bit unaligned (I guess you wanted to keep the space between the lines equal).

Wasn't there some common consensus to AVOID "coin-like" image?

norti

newbie

Activity: 43

Merit: 0

Quote from: patmast3r on February 05, 2014, 03:14:50 AM

I hope we're not ciritzizing you too much - Just wan't to get it right

Was it on prupose to not perfectly align the lines ? I feel like the "E" is supposed to move up a bit.

Constructive criticism is always highly welcome.

Yes it is not perfectly aligned, I have tried to keep it simply and reproducable by using the arial unicode ms font. I will check this evening if there are nicer options to align the lines.

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: makoto1337 on February 05, 2014, 02:58:05 AM

Quote from: norti on February 05, 2014, 02:02:05 AM

Quote from: makoto1337 on February 04, 2014, 08:35:18 PM

This is really great! We should make a "white" version too.
This is such a great design that we could probably make t-shirts/leather jackets with this coin on it.

Thank you for the kind words! Looking forward to see the first NEM leather jacket. Cheesy

I have also added a light design:

Really cool, but can we get a "flat" version. Like something that would feel at home in iOS. Also, can you make a version without the coin, but just the 8 lines representing NEM? Actually, I was sketching logos last night and came up with the same idea as you, representing NEM with the 8 lines. I think it is the way to go for a logo.

I hope we're not ciritzizing you too much - Just wan't to get it right

Shouldn't the top and bottom of the letters be aligned ? I don't know if it would still fit into the coin if the "spread" is kept equal for all letters but the "E" currently looks a bit unaligned (I guess you wanted to keep the space between the lines equal).

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: indijim on February 05, 2014, 02:59:49 AM

Edit: This was meant as a reply to Patmast3r.

It's a lot of work going through that whole list, and at this point things seem to have slowed down a bit, so perhaps they should ended a bit earlier. Since most people buying a stake now probably bought some before.

There's still a lot of people who don't know about Cryptocurrencies, but have PayPal that I'm trying to talk some people into buying NEM. It's all too complicated for them, but for the price I wouldn't feel right if this coin became popular and they missed out.

So I would suggest to close the registration the way it currently is and only allow new people that have PayPal. That way we get more people new blood into Cryptocurrency through NEM. We would all benefit more that way. And with PayPal a person cannot create multiple accounts. I believe Utopianfuture will probably get to see their real name, perhaps home address.

I think today the ads on reddit should go online so things should speed up again soon

Also there is a possiblity to buy in via PayPal but it's a lot of work for utopian.

norti

newbie

Activity: 43

Merit: 0

Quote from: makoto1337 on February 05, 2014, 02:58:05 AM

Really cool, but can we get a "flat" version. Like something that would feel at home in iOS. Also, can you make a version without the coin, but just the 8 lines representing NEM? Actually, I was sketching logos last night and came up with the same idea as you, representing NEM with the 8 lines. I think it is the way to go for a logo.

I am not really a fan of flat designs to be honest, but I will create a flat version as well when I am home again.

As for the 8 lines, I think one nice thing about it is that you can easily reproduce it, as the "trigram for heaven" character (☰) is part of unicode charsets:
http://www.fileformat.info/info/unicode/char/2630/index.htm

indijim

sr. member

Activity: 471

Merit: 250

Edit: This was meant as a reply to Patmast3r.

It's a lot of work going through that whole list, and at this point things seem to have slowed down a bit, so perhaps they should ended a bit earlier. Since most people buying a stake now probably bought some before.

There's still a lot of people who don't know about Cryptocurrencies, but have PayPal that I'm trying to talk some people into buying NEM. It's all too complicated for them, but for the price I wouldn't feel right if this coin became popular and they missed out.

So I would suggest to close the registration the way it currently is and only allow new people that have PayPal. That way we get more people new blood into Cryptocurrency through NEM. We would all benefit more that way. And with PayPal a person cannot create multiple accounts. I believe Utopianfuture will probably get to see their real name, perhaps home address.

Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 448. (Read 661525 times)