Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1765. (Read 2985503 times)

Thanks for the article, @iaminitnow06. It seems the number of users have escalated to 6 million users. If you note what I have written a while ago here http://forum.nemcoin.com/index.php?topic=2352.msg4130#msg4130 and if you follow some of the various "long stories" that I have written over the last 3 months, you'd realise that whatever was said in the article by Wences Casares of Xapo is very much going to be in the NEM ecosystem with respect to the 6.5B people.

Before I go on, allow me to re-emphasize that NEM is NOT ONLY A CRYPTO COIN. NEM is a platform that seeds an ecosystem. NEM by itself is what we call a Crypto 2.0 at V1 launch.

The ambition of AltNemo is to make the entire ecosystem of NEM into a Crypto 3.0. Crypto 3.0 will take away some of the responsibilities of the likes of XAPO. The irony of the article is that he was talking about the underbanked and the unbanked. Why would the unbanked and underbanked need the services of a Fort Knox?

In my earlier articles I did allude to the underbanked and the unbanked that are going to be drivers for the use of cryptos. I maintain that they will in fact be the drivers of cryptos which coincides with Wences' conclusion.

These 6.5B people with their cell phones will be the drivers.  The projects of AltNemo coined by Makoto as epic was not without a reason. We've realized that mobile devices is the way to drive the usage of the NEM platform. Coupled with a tightly integrated Fast exchange with extended features, AltNemo will set itself apart from the rest of the world and create what we call Crypto 3.0.

AltNemo's design has some elements of the much discussed Supernet. AltNemo has an MWG embedded. AltNemo has a fast exchange. And most importantly, AltNemo's exchange has a different architecture to traditional exchanges like BTC-e, Cryptsy, etc. AltNemo does not store coins and AltNemo provides for fiat <-> crypto exchange.

The design architecture of AltNemo's epic projects are specifically tailored for the underbanked and unbanked. It also takes into consideration that the underbanked and unbanked most probably do not have smartphones or devices and therefore will require another means of transaction method.

Some has asked and think that this is all too quixotic and therefore do not think it will work as a solution. My answer is, things need not be complicated and can be simply designed. They are complicated only if one thinks they are. The design is not rocket science but the thought processes that have gone into it has been an 18-month affair. We hope to have more iterations of our design so that when we finally get to code it, it will be even simpler.

The development of these epic projects will take between 6 to 9 months before they can be put to great use. It can be done in parallel with the existing development of the NEM platform as the NCC is already open source. If we can start our development tomorrow, we should be able to see its launch by the 2nd. quarter 2015, perhaps shortly after the launch of V1.

So, I cannot help but to again plead with all you supporters of NEM out there to support the cause of AltNemo for a better NEM tomorrow. Donations are welcome, otherwise you can participate in the crowdsale . Please visit out website at www.altnemo.com.

Just a quick suggestion, maybe we can have a TV show like The Big Bang Theory (I nerdy TV show) to have it on one of their episodes.  I play a board game call Settler of Catan, wasn't very popular at the time, however it was on a episode on The Big Bang Theory and it went viral.  I own a window cleaning business and when I go to houses, especially cottages, I see the game every where!!.  Just a thought.

So what this has boiled down to is instead of the NXT 71+ stake holders, NEM now has ~3000 stake holders with 96% of the NEM coins.   Only 4% of the NEM coins will be available for general distribution to Joe Public.  The only way that Joe Public will be able to acquire any NEM if by purchasing at an inflated cost.   This appears to be just another pump and potential dump of an alt-coin.   

I am not sure how long this post will last on this moderated thread, but for however long it does so be it.

okie

I'm not sure I agree. A grassroots viral approach for the rest of the non-industrialized world could be incredibly successful. It all comes down to how easy you make things, and how well you promote through grassroots organizations. I have spoke to many people that say they'd get in to this stuff but they don't understand it. You have to put it in a context they understand. For example, if you want to get people that need to wire their kids money over seas in to it, then you make an app or front end that "Feels" that way in context for them but still uses the underlying block chain. If being the resident "pc guy" for my friends family and neighbors has taught me anything, its that low maintenance and ease of use is 99% of it to 90% of people. That is probably why the iPhone was so successful. I hated texting until I had an iphone. It was too alien to me (as ridiculous as that sounds but I know a lot of people that was true for).

I understand this point of view. People who can have a positive influence and actually work towards the goals of NEM are different from random celebrities which is what I am against. If you are thinking about this route, Mark Cuban might be a good person to try and contact. He has said before publicly that he believes in cryptocurrency as a concept, but that he does not intend to invest or support Bitcoin because he is certain that something will come along that trumps it, and that there will likely be problems with BTC since it is the first technology of its kind (he is right). NEM could be something he might want to jump on board with, and he would be a very powerful person to bring into our community for sure.

its all good and well wanting to do that.. but how do you decide who to give some nem to? how do you decide between joe and john? so it falls back to equal opportunity.. if we say we will give free nem to the first 1000 random people who join website x or something, then the original argument of "people don't know about cryptos the give away so how where they able to take part in the NEM the give away" can also be applied to the solution you put forward for that very same problem.. there is no solution to that problem other than what amy put forward which is obviously a pointless effort.

nothing will ever be completely fair and no not everyone will ever get "equal opportunity" but doing things the way nem has done so far seems to be the best procedure thus far when your intention is inclusion of the largest number of people in the most "equal" way possible with out bias towards the wealth of the users.

in terms of setting up a shop selling mugs and key chains so regular joe saop can use nem.. well tbh joe soap couldnt give two sh%ts about key chains mugs or USB's from the "Nem shop". to get joe soap interested, nem would need to have everyday utility.. in order for nem to have the utility required for joe soap to make use or even care about nem we need huge infrastructure to be built up for nem and for sevices that joe soap cares about to make use of the nem protocol. in order for this infrastructure to built we need to bring in those who can build it and support nem in their existing platforms.. joe soap cant do that.. so trying to get joes soap involved at this stage is ludicrous. we need to bring in first those who can build the required infrastructure and setting up a shop or giving away a couple nem to people who have no idea about crypto is NOT going to get the infrastructure built.

i see it as steps on a stair case.. first you need to build the foundations being the code and the original community.. then you move on to bringing in other people(investors, coders, business men) from within the crypto niche in order to grow the base network effect and the value of the coin(which is obviously highly important) and to also start building the infrastructure required. once nem reaches critical mass where so many people from with in crypto and on the outer boarders of crypto are involved in nem, investing, building infrastructure, coding new features, writing articles, spreading the word, growing the network effect through all the necessary avenues, and most of all building the foundations for which joe soap en masse can adopt nem, will joe soap actually start to see value and begin to adopt nem.

if we skip the steps in the middle, and start giving nem to joe soap so early the plan could fall flat on its face and fail miserably. aurora coin is a perfect example.. they handed out a shed load of their coins to thousands of joe soaps all getting equal amounts.. and where are they now?? those coins were DOA when they reached joe soap. and did joe soap give two hoots? no.. cos the infrastructure and services needed to make joe soap give a crap were not their and probably would never have been built because of the fact that the coins were just handed out to joe soaps all over iceland.

my point is.. leaping forward to hand out nem to how ever many joe soaps who know nothing about nem would most likely have little or no affect on the overall nem economy or maybe even a negative one. let the infrastructure be built, let services be created and let nem become actually useful in some way shape or form before handing them out like sweets to anyone who will take them because they will not appreciate what you have just given them in the slightest.. they will not see the potential.. and they most likely will not benefit the nem economy at all until they actually want nem..

I don't mind. How do I send it to you?

lordoliver - But if people don't know about cryptos how where they able to take part in the NEM that was given away at the start of the project?

+1. Especially now that he has left the Bitcoin foundation http://www.cryptocoinsnews.com/andreas-antonopoulos-leaves-bitcoin-foundation-complete-lack-transparency/. It is the right time to strike the metal. 

I have done some reaserch and i found that NEM is the best IPO because there are many people join the IPO and this is  the most fair coin i will join the community

lordoliver - But if people don't know about cryptos how where they able to take part in the NEM that was given away at the start of the project?

amytheplanarshift - thank you for the civilized reply. I agree about POI, that is what drew me to NEM. I understand there could be no 100% equal opportunity, all I am saying is that why are people against giving away some NEM to those who don't know what crypto can do for them or to those that can't afford it? I am not talking about giving them full stakes, just a small amount.

What if some of the development funds  goes to making an online store that sells NEM t-shirts (someone already made some nice ones), usb sticks, keychains, coffee mugs, just some small items that won't cost much to get made and shipped out so people that are new to cryptos can see how fast and easy it is to use. I think people learn faster by doing instead of being told. I haven't put much thought in to this idea so I am sure there are some faults with it.

If NEM is truly a movement then we should try to help as many as we can.