Topic: [NEM] NEMstake tokens are listed on Nxt asset exchange - page 42. (Read 74389 times)
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
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
I'm so tired need coffeee
what 's your local time now ?1:52 pm
My watch says 13 min to go.
If it's GMT in the sense of just UTC (+/- 0), then yes. But that's ambiguous, esp outside the UK
My watch says 13 min to go.
my watch say we are 50 minutes over time
I'm so tired need coffeee
what 's your local time now ?
I'm so tired need coffeee
My watch says 13 min to go.
Probably still working on the batch transfer script 
No, he should have sent them by now already, which means he's just late. Noone knows when it will actually happen now
he is online ,what is he doing now?
No, he should have sent them by now already, which means he's just late. Noone knows when it will actually happen now
... which is fuq'd up, really. I'm bound to go to the EP elections and have some actual steak downtown, and utopian is messing with my plan for the day
... which is fuq'd up, really. I'm bound to go to the EP elections and have some actual steak downtown, and utopian is messing with my plan for the day
UtopianFuture didn´t send coins until yet, otherwise we have 12:00 GMT.
Here is the account of the Asset:
NXT-J62B-CNAR-34YW-4RCFN
there are 1000 Units in.
you mean 23 minuts left to send?? Here is the account of the Asset:
NXT-J62B-CNAR-34YW-4RCFN
there are 1000 Units in.
UtopianFuture didn´t send coins until yet, otherwise we have 12:00 GMT.
Here is the account of the Asset:
NXT-J62B-CNAR-34YW-4RCFN
there are 1000 Units in.
Here is the account of the Asset:
NXT-J62B-CNAR-34YW-4RCFN
there are 1000 Units in.
Nah, utopian has to transfer them to you through a NXT tx, which he is already late to do for the list as it is now
how to receive token in NXT, it will show up in my account automatically after I am added in the list?
Steak, where's mah steak.
I want some steak nao!
Kdn, but it's already past the hour, so...
Add: Or did you mean UTC? That'd be 1300 BST / 14 CEST ... Better use UTC at all times.
I want some steak nao!
Kdn, but it's already past the hour, so...
Add: Or did you mean UTC? That'd be 1300 BST / 14 CEST ... Better use UTC at all times.
No Nemstake available i wake up early for nothing 
i think 12:00 GMT also in 9 minutes the first stakes to the people who want give me their stakes for cheap money
Oh yeah you right i'm GMT +1 shit
20 000 NXT for 1 steak is really expensive
No Nemstake available i wake up early for nothing
i think 12:00 GMT also in 9 minutes the first stakes to the people who want give me their stakes for cheap money
No Nemstake available i wake up early for nothing
I think NEM can reach 10 mil cap easily, NXT may come back to 30 mil...so it would be fair price. But it doesnt make much sense to sell it cheaper.
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