Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 112. (Read 2985503 times)

Maybe, it was wash trading or the price was following Bitcoin with few real buyers. So, it wasn't possible to sell it all even for 7 mil USD.

Can you explain How Harvesting Works? Where the earned coins come from in particular? From transaction fees or from some of the above mentioned funds?

Wanchain is an ethereum fork, they distinguish themselves by offering interoperability across other chains and what what I hear are making good progress with it. Nems catapult offers basically this same functionality through decentralized swaps plus tons more and many more sdks. Nems current public speed is lower than wans afaik, but catapult will increase it 5x or so I believe but no facts yet.

hey mate, not every project out there can be profitable in both short and long run, y'know what I'm saying?
some can't make you money right away but WILL definitely make you money further down the line. have some faith.

NEM is a good and promising coin that is worthy of being a long-term investment, I am optimistic that by the end of the year NEM will enter the top 10 so investing NEM is very profitable.

https://forum.nem.io/t/not-claiming-nemstake-why-it-is-no-longer-possible-and-the-history-of-the-process/2859

The Google Docs Sheet about the stakeholders does not exist anymore in its initial location...

That's exactly what I'd do too but such boldness and sense rarely goes down well with the people with the plan, or lack thereof.

ALL INITIAL ACCOUNTS WERE FUNDED FROM THE GENESIS ACCOUNT.

More weak FUD

 

Too easy to redistribute the coins? Just use the blockchain explorer to verify what ever you need about the funds.

All the accounts are controlled by members of the nem team. They use nem's native multisig to ensure that nothing can be moved without at least 5 different people agreeing to do so.

If the devs wanted to scam people why didn't they exit in december when the combined funds were worth over 7 billion usd?

Current rich list says nothing, 'cause it's too easy to redistribute the coins.

So, it's Sustainability Fund, Marketing Fund (Launch/V1 Reward), Operational Costs Fund I, Pre-V1 Fund & Post-V1 Fund.

And Sustainability Fund got about 24% or more than 1/3 of Stakeholder Community Distribution because of sock puppets and unclaimed stakes.

And who controls the above mentioned funds?

Either fulfill the details of the silver coin plan, or use the funds to top up the supernode bounty fund and add a tapering period where the reward reduces gradually over 12 months, to prevent the supernode system ending abruptly with a catastrophic drop in supernode numbers. All the coins locked up in supernodes getting liquidated at the same time could be a coin killing event.

Yep, without any failure....

For most people who have been here for years and support NEM, it's not important at the moment. . . . .

This project seems to me to work without stopping from its very beginning, is it not so?

Except absolutely nothing's been decided or resolved.

It were a silly idea to start with. It should've been strangled at birth. Anyway, others will settle its fate eventually. I'm an initial stakeholder but have zero feelings regarding those funds.

I don't think there's a reason to start this discussion again.
Everything has been said about that.

It would be grand if they only followed through with what they initially planned but the silver coin plan has had only silence or excuses for years now. At least the fund is still there, so there is some hope.

  2.1.2 Silver Coins for Distribution to Initial Stakeholders
Based on community consensus, physical silver coins will be minted and distributed to initial NEM stakeholders.

The silver coins shall be distributed as an asset (colored coin), effectively giving all initial stakeholders a parallel, silver-backed digital currency that shall reside on the NEM blockchain. To claim one physical silver coin, one whole silver coin asset is needed.

Note: The execution of the silver coin project is not guaranteed and will only proceed providing that XEM market cap and liquidity are sufficient to cover the expenses with the allocated stakes. If this condition is met, all initial stakeholders will be issued their silver coin asset. If the allocated stakes do not reach a high enough value to fund the project (to pay the mint and cover all costs [shipping costs etc.]) until V1 is released, the complete fund will be transferred to the community fund. "A high enough value" can not be exactly fixed at this time, but to get a feeling: it is estimated that the fund should reach at least USD 260,000 to be successful.

More good news, we rank #6
https://www.rise.global/blockchain-100 

Nem Foundation hard at work all around the world:

https://forum.nem.io/t/nem-foundation-update-august-22-2018/18976

It sure is crazy how they dont even want to mention us, we should keep on their back and tell them about all the projects using NEM right now.

For record, UtopianFuture was a dark part of NEM history.

Do not repeat that dark part.