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This is the only way to avoid a ripple or NXT position.
No it's not.
It Achieves the original intent to spread as widely as possible, it keeps the stakes balanced to original spread.
No it doesn't. It spreads NEM to people that are already in cryptos. We want to get NEM out in the world to the average Joe. That will not be accomplished by holding NEM for people that don't even care enough to checkin for months on end.
>>>But how do you decide this, by retaining the original spread leaves the everyone with the same proprtion instead of in anway putting more power to say devs or any other allocation. The unclaimed shares are never wasted they make everyone else stronger. To sell them on the open market transfer wealth away from those who paid for them. In the IPO every one paid right?
It heads of accusations of scam.
Any accusations of NEM being a scam don't hold water anyway. If they want to make a fool out of themselves and claim NEM is a scam let them. They wouldn't be the first. Just like many people say NXT is a scam.
>>>I'm not saying NXT or NEM *is* as scam, far from it, but it does chop a leg out from a possible claim. NXT does suffer from this perception, and the cutting short of the intial IPO did not help.
This is what is commonly done in legal trusts, unit trusts, wills, and with bank accounts. You don't just sieze stakes
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This was not an IPO so you can't compare it.
People who buy into IPO's but never realize their shares, dont have thier shares revoked
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