Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 84. (Read 661498 times)

i think nobody sell for that price.
But still 26000NXT for whole stake is 4M$ marketcap for NEM.
When aplha go out...10M$, for beta 30M$ and in july i hope 100 M$

Past 20 days, how long it will take？ Disappointing

Cross post to the asset exchange thread and I am truly sorry.

---------------------------------------

Dear NEM stakeholder community,

I apologize for making some of you disappointed but I decide to hold off the asset exchange listing for at least a couple of days until more information about NEM and its governance structure could be provided.

The reason for that is because I realized involving new investors is a qualitative change in NEM organizational structure and that needs to be handed with more transparency and disclosure. So far NEM has been conceptualized as a voluntary association in which stakeholders are participants and contributors to the formation of a new decentralized movement. In that conceptualization, I am comfortable in handling participant complaints with a simple refund suggestion. In that conceptualization, no one loses when he doesn't like what the development team is doing and can voluntarily withdraw. We as a team could also have the right to refuse certain participants who are deem not beneficial (sockpuppets for example). This phase has been dubbed "a call for participation" (it is not an IPO sorry) for these rationales.

This phase was over when the final stakeholder was published. No more stakeholders will be added. Now we are going to transition to a new phase in which investors can come in via  sales from the current stakeholders and public auction. I think they deserve to know more what future governance of the system will look like. So before investors are welcomed in, I would like to publish at least a preliminary draft of the Development Contract to the agreement of all current stakeholders. So the time during the asset exchange listing postponement will be used for that process. The process will include: the development team publishing a preliminary draft of the Development Contract; current stakeholders commenting and criticizing the Development Contract; majority of current stakeholders agreeing on the Development Contract and the rest requesting a refund and leave.

While I believe at this point the shares of the current stakeholders are theirs to control and technically asset listing is for the current stakeholder selling a part of his shares. However, we as a team cannot afford officiating the sale without performing our obligation in a full disclosure of what we plan to do with the development shares and development reserves. Hence, the postponement of the listing. I have been preparing materials for the Development Contract for a while and will be able to publish a preliminary draft very soon.

UtopianFuture     

Chinese translation is done.

译者声明：本作品的翻译版本仅供个人学习欣赏之用，不得用于任何商业目的，不得以任何方式修改本作品，基于此产生的法律责任本人不承担连带责任。（请以英文原贴为准，并回复它：https://bitcointalk.org/index.php?topic=426303.8380 ）


1,请参见NEM过往及将来发布的所有的管理信息.
2,至现在的利益相关者们:核心开发团队的开发方案的目标是创新设计最好NEM区块链,以及在核心开发团队角度来看所应具有的功能及易用性.这导致一些利益相关者不赞同,无法沟通,不能相互理解.在这种情况下,请您退款,这样我们可以好聚好散.如果利益相关者没有投入资金,那么,开发团队可以拒绝返还资金.
3.至投资者:如果你想从当前的利益相关者或是NEM的公开拍卖中,购买新的份额.请仔细地的看这个意见稿,请您充份评估认识到这个投资的高风险性,及你承担投资风险的能力.
4,有关NEM的相关信息,请自行收集.开发团队没有义务提供额外的信息,诸如:程序发布的确切时间,或是团队成员的个人信息等等.

NEM was listed yesterday as an asset on NXT's AE: https://nxtforum.org/assets-board/(ann)-nemtoken/

DGEX processes NXT withdrawals only once per day.  If your IP address has changed it could take longer.

I want from dgex.com Withdrawal some nxt to buy more NEM stake, But always PENDING , and no reply for my email
Anyone know what happened to DGEX?
 
2014-05-05 15:18:06         NXT Withdrawal PENDING to  ??    -12980.00000000

i think nobody sell for that price.
But still 26000NXT for whole stake is 4M$ marketcap for NEM.
When aplha go out...10M$, for beta 30M$ and in july i hope 100 M$

i think nobody sell for that price.
But still 26000NXT for whole stake is 4M$ marketcap for NEM.
When aplha go out...10M$, for beta 30M$ and in july i hope 100 M$

Top 2 Bid order now in AE:
Account                                  Quantity    Price    Total
NXT-5RB8-KJD3-BT3B-E2QWW   0.2         26'000   5'200
NXT-P5JJ-YSAL-G6N7-7WL2N   0.1         25'000   2'500

So cheap! Forget it...

Cross post to the asset exchange thread and I am truly sorry.

---------------------------------------

Dear NEM stakeholder community,

I apologize for making some of you disappointed but I decide to hold off the asset exchange listing for at least a couple of days until more information about NEM and its governance structure could be provided.

The reason for that is because I realized involving new investors is a qualitative change in NEM organizational structure and that needs to be handed with more transparency and disclosure. So far NEM has been conceptualized as a voluntary association in which stakeholders are participants and contributors to the formation of a new decentralized movement. In that conceptualization, I am comfortable in handling participant complaints with a simple refund suggestion. In that conceptualization, no one loses when he doesn't like what the development team is doing and can voluntarily withdraw. We as a team could also have the right to refuse certain participants who are deem not beneficial (sockpuppets for example). This phase has been dubbed "a call for participation" (it is not an IPO sorry) for these rationales.

This phase was over when the final stakeholder was published. No more stakeholders will be added. Now we are going to transition to a new phase in which investors can come in via  sales from the current stakeholders and public auction. I think they deserve to know more what future governance of the system will look like. So before investors are welcomed in, I would like to publish at least a preliminary draft of the Development Contract to the agreement of all current stakeholders. So the time during the asset exchange listing postponement will be used for that process. The process will include: the development team publishing a preliminary draft of the Development Contract; current stakeholders commenting and criticizing the Development Contract; majority of current stakeholders agreeing on the Development Contract and the rest requesting a refund and leave.

While I believe at this point the shares of the current stakeholders are theirs to control and technically asset listing is for the current stakeholder selling a part of his shares. However, we as a team cannot afford officiating the sale without performing our obligation in a full disclosure of what we plan to do with the development shares and development reserves. Hence, the postponement of the listing. I have been preparing materials for the Development Contract for a while and will be able to publish a preliminary draft very soon.

UtopianFuture     

Chinese translation is done.

译者声明：本作品的翻译版本仅供个人学习欣赏之用，不得用于任何商业目的，不得以任何方式修改本作品，基于此产生的法律责任本人不承担连带责任。（请以英文原贴为准，并回复它：https://bitcointalk.org/index.php?topic=426303.8380 ）


1,请参见NEM过往及将来发布的所有的管理信息.
2,至现在的利益相关者们:核心开发团队的开发方案的目标是创新设计最好NEM区块链,以及在核心开发团队角度来看所应具有的功能及易用性.这导致一些利益相关者不赞同,无法沟通,不能相互理解.在这种情况下,请您退款,这样我们可以好聚好散.如果利益相关者没有投入资金,那么,开发团队可以拒绝返还资金.
3.至投资者:如果你想从当前的利益相关者或是NEM的公开拍卖中,购买新的份额.请仔细地的看这个意见稿,请您充份评估认识到这个投资的高风险性,及你承担投资风险的能力.
4,有关NEM的相关信息,请自行收集.开发团队没有义务提供额外的信息,诸如:程序发布的确切时间,或是团队成员的个人信息等等.

Right, I am not stating that bitcoin has no value or anything like that, on the contrary, the idea is that in addition of everything bitcoin had(first mover advantage, innovation, expanding ecosystem, growing adoption) a great push came from this kind of price manipulation. Indeed, maybe this was the kind of push bitcoin needed to attract everyone's attention(cause a lot of other complex side effects) and really take off.

I have posted this message on the trello board several days ago, so this was the context:

"It really seems people don't generally understand how the market works. There are a lots of painful examples of brilliant people who did really good and innovative work, but who didn't understood that it was not enough. A very well known example is Nikola Tesla. We all heard what a brilliant work he did and although we use his inventions(AC), unfortunately he did not make much from them. It seems in the crypto-world people believe innovation and interesting features are enough to bring a steady price increase. The important thing however, is that if you study the markets long enough, you will understand that beside bitcoin, almost every other coin has risen, contrary to popular opinion, not because of good features but because of big pumps that were closely coordinated to accompany an important feature announcement.
A good example of this would be Dogecoin. Most people think that Doge took off because of the great community and good meme based marketing. The truth is, in addition to those factors, probably one of the most important factors that have contributed to Dogecoin's take off, was Wolong. (If you have not read Wolong's story, please read this PDF: http://cryptofrenzy.files.wordpress.com/2014/02/god.pdf - it is highly instructive and very intriguing"