Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 476. (Read 661525 times)

im wondering if there should have been a cutoff as in a date to get in on genesis block distribution.  As in, only accounts that were made by a certain date could access the IPO.  Make that date be like the date of post 1 of this thread.

im wondering if there should have been a cutoff as in a date to get in on genesis block distribution.  As in, only accounts that were made by a certain date could access the IPO.  Make that date be like the date of post 1 of this thread.

hell, maybe even go so far as to say those accounts even had to have a certain activity level.

this way, they distribution would still be "much much more "fair" than nxt"

and sock puppet accts would be minimized a great deal.  I have no doubt there are tons of sock puppets in on here even

Dude if all the accounts are owned by exactly one person per account or a few people opened multiple accounts it makes no difference to your one stake. You will get around 1m, whatever people do that's why its not worth envying others and just be grateful you have this opportunity.

Also, someone who's likely going to go to such lengths will also be untrustworthy with their large stake. Likely selling out and ruining a market before it's even taken off.

I think at the very least, the creator should stop people from asking for a stake if they made their account AFTER the date of the thread.

Dude if all the accounts are owned by exactly one person per account or a few people opened multiple accounts it makes no difference to your one stake. You will get around 1m, whatever people do that's why its not worth envying others and just be grateful you have this opportunity.

Thank you for reconsidering! I assure you the 5 accounts are for the 5 people in my family.

In retrospect my use of 'sockpuppet' was unnecessarily provocative, but I honestly did not intend that. As long as I've been using forums I've referred to, 2nd and 3rd accounts as 'sockpuppets', and I was very tired when I registered those names, and that's what I called them. They're easy to remember, but I can see it was silly now.

Thanks again for showing flexibility of thought.

I support NEM!

Sorry I made that statement too quickly, so when I think about it you are probably right. I posted your case here https://forums.nxtcrypto.org/viewtopic.php?f=58&t=678 . Let's see what the community has to say.

The fee will not double up every 10 pages since after page 60 it exceeds 100NXT or 0.01BTC, I thinking of moving the fee on a linear scale after that. So the schedule would be 80nxt ->160nxt ->200nxt ->250nxt -> 300 nxt and increases 50 nxt every 10 page after that.  Firstly, we don't want the fee to be exorbitantly expensive for newcomers to join in; Secondly, the fee's main goal is not to maximize the development fund, it is not that necessary ; but the fee is set to establish initial value for NEM and encourage people to go outside and promote NEM to get a promotional stake which is more important because I saw a lot people sending money in but not enough promotional effort so far.

I think a page would get us 200 posts but probably around 150-170 stakeholders because people asking questions and I have to go around answer or ask them to move to the discussion thread. So yes, we would probably go on to page 200 and more but it would not take that long though because we went though 50 pages + in 7 days.

Now managing 3800 stakeholders (200 is in development stake) would require some intense manual works but we are prepared. I have assigned 10 people for this task (see in stakeholder list) and it could go up to 20 people if needed. I would need to trust these people though because they will handle transferring NEM stakes. So it will be manual work, not automatic but  it's already well planned. I managed to create the stakeholder list myself up to page 45 with close to 800 accounts; so it is not really that difficult.

About the fund, could someone provide an estimate how much we are going to get given the above fee schedule ? Similar as BCNext sitting on 10 million NXT common fund right now, I will control this fund myself until there is a safe way for the community to manage the fund; or I will transfer the fund to a person who I and the community trusts. Community should decide how to spend the fund.  

About exchanges: Peercover, Graviton many options; I have a plan but it is expected that NEMs should be traded fairly easy after the fundraising and the allocation. So stay tuned.