Topic: [NEM] NEMstake tokens are listed on Nxt asset exchange - page 40. (Read 74402 times)

There are 1000 tokens. And each token can be split to 0.1. So 10000.

Shouldn t there only 100 Names for the Asset Trade?  cause there are only 1000 NEM  ( 100 Stakeholder with 1 Token and 1 Token could splitt to a tenth,  means 1000 NEM Assets)   why are there now over 130 Names??

https://docs.google.com/spreadsheet/ccc?key=0AlidWok7hW0DdFRROFFGVUpwcFFXcHVCdGc0a3NuQVE&usp=drive_web#gid=14

 

Is there date or we are in limbo again?

4M$ marketcap for NEM is still top order (26000Nxt=1NEM stake)

4M$ without alpha....

nice

100M$ in july here we come

It is a very interesting experiment for sure. But a certain price should not be considered for granted, only time can tell

Can't say better. Despite a fact, that we're participating in CENTRALIZED (until launch) ideological non-commerce project.

As simple as it is: Trust UF or withdraw.

Waiting for AE listing, this should be interesting. There will be some crazy price movement at first.

We are going to have the public auction of about 4% of NEM as well so  asset exchange is not the only option to buy NEM pre-launch. I need to think through some issues so

that no more postpone or cancellation next time. 

I had a post above that should explain the reason behind the postpone and I will set a new date for the exchange listing. There will be a proper ANN and and no cancellation next time. Thanks for the post.

hi,utopianfuture
I have send you a PM  to request a token,but I'm not in the request list.

26k Nxt = ~$1000
Which is a 4million market cap. How is that to high? and why do you think it will drop after launch?

Quark and Primecoin have a market cap of 4mil, Nem is surely more innovative than them.

Proof Of importance may be a bigger deal than you think.

Its crazy
The price will fall after the launch it is too much i think

Just recently discovered NXT & laterly NEM. Both seem like a real step forward in crypto and have rightly peaked my interest.

I have been messing around with NXT over the last few days and now have a reasonable holding.

I think I have read most of the threads on NEM (finally - so many pages!) and have a decent understanding so would like to buy a stake on the AE when this goes live.

Few questions:

UF - Saw your post that the token distribution has been delayed. What is your revised estimate - tomorrow? tuesday? later?

All - Do we have a feel for what people think is a reasonable price for 1 stake? I see the latest offer is 26k NXT but with no sell orders it is hard to estimate how likely this is?

It does strike me that the initial stakeholders are likely to see a colossal return on their original meagre investments - will be interesting to see how this plays out. Current cap of $4m before any semblance of a launch is pure madness!

Thanks

I should explain here why the postpone decision seemed to appear suddenly and at the last minute. I can assure you that there was no intention of manipulation whatsoever.

A coupe of posts which appeared close to the planned time in the update thread are the key reason behind the postponement. These are the posts:

https://bitcointalksearch.org/topic/m.6924246

https://bitcointalksearch.org/topic/m.6925570

https://bitcointalksearch.org/topic/m.6926063

One user seems like a prospective investor and the other user is a stakeholder that have requested a token before (crimi). Both showed an utter lack of understanding about NEM governance structure and made some ridiculous demands to me and it hit me that we are never being clear enough about NEM going forward. Most stakeholders sent it relatively small amount of fund for a stake and so far in some bad cases as these two, I can offer the refund to them and we can part away. Solid and Easy.

I realized that I can not do a hand waving like that if an investor buy a stake via Nxt asset exchange for 5 btc. Technically, he buys the stake from a former stakeholder and that deal should not be related to NEM or the development team. However, ultimately it will come down to the development team's reputation and NEM as a whole if some similar bad dispute happens.

To avoid these situations, I decided to postpone the exchange listing and speed up the Development Contract which will serve as the foundational information for investors. Current stakeholders should also agree to the terms so the whole community could unite on organizational principles and push forward to do other important things.

The Development contract (preliminary draft) were very quickly written up and put out there because I know people are disappointed about the postponement of the listing (but NEM summary information have been discussed and agreed on by the core team for a while ). It should have been done in a more orderly manner. Originally, it is planned that we will publish development contract after the open Alpha but now it looks like a correct decision to push it out before more investors are involved.

So please be patient so that the development contract  
https://docs.google.com/document/d/19so-Jy3Gqw2KltZP-gaw3oFaHliN0OdtwZktOP4pCOQ/edit
could be read by everyone involved. After that the asset listing will resume. Thanks for your support so far.
 

This was absolutely ridiculous. He announced he will send it after 100 requests. After that was complement, he announced the date and exact time. He sat there last second and then  comes back to announce
delay at very last second.

I'm not buying any part of any stake for any BTC. Good luck to you.

Utopian,

I am not going to descend into the insults that others have levelled at you, I have seen your track record and until I see evidence otherwise I will assume this indecision is due to concern for NEM and its community.

Personally I don't mind whether you list on NXT AE or not but this kind of uncertainty is not good for NEM or NXT and I speak as a stakeholder in both and I intend to remain a stakeholder in both.

When someone proposes to list something of considerable value on the AE this affects the price of NXT,  this could have a pump and dump effect on NXT at the moment which is not good for NXT.

The plan to do this affect NEM stakeholders and people who plan to be NEM stakeholders as they make plans whether to acquire or dispose of assets which could be significant in terms of their crypto investments.

The problem here is the indecision on the day that you proposed to list - this is an unacceptable level of disruption, if there were doubts you should have called it off much sooner and set a new date - the current limbo state of  'very soon' and a lack of clarity about what will happen is not acceptable.

Either withdraw the plan and put people out of their misery and take the heat - it will pass
or
Set a date when the decision will be made one/way or the other with a new listing date if the decision is yes and then deliver on it.

But please resolve this lack of clarity.

Firstly i was against this nxt Ae-token thing, but as i thought more, i clearly can see that it would be a interesting opportunity to test both of the coins. Great change to sell 1/10 of your coins and make it totally risk-free bet!

 I'm not going to sell my share at this point, but prices seen pretty damm good at these circumstances. After release NEM gonna surge for sure!

I'm quite surprised, is it so hard to understand that in the end these kind of announcements along with taking time and responsibility to do it the right way brings a lot more value to the coin? Paradoxically, this is true even for the sockpuppets and dumpers which seem to complain even for bigger gains.

He didn't distribute the tokens, so basically he backed out on his plan. Its irrelevant whether or not he distributes them in the future because do you really want to support a dev who is prone to these last-minute changes in plan, overriding what he himself established to be the will of the community?

Sorry, I just don't trust people who don't keep their word, especially here. Its no way to establish a relationship with an investor community. I'm out.