Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1982. (Read 2985503 times)

Let's discuss in a civilized manner but there is no need to rush to a decision anytime soon. I am sure the ultimate decision will reside with the will of the whole community  

Hello everyone.
I was following the thread and have seen lot of debate about unclaimed stakes
in early stage.
Here are the options so far exposed by some of the member in this thread:


1) destroy unclaimed stakes
2) add unclaimed stakes to development fund and use for development marketing after V1 phase
3) redistribute between all stake holders in equal shares
4) acution the unclaimed stakes and use the BTC for development and marketing after V1 phase

I have following opinions about them:

1) Is the short term value all we care about?
   why destroy it just to have short term gain would not be better to use this NEM
   for other things real life projects and help people to improve their lives.
   I thing it would be nice to have voting on NEM funds usage so comunity members could propose project ideas,
   vote about this projects and decide what for this NEM could be used.

2) This is good if we can have full time development team dedicated to NEM development
   is one of the options that I would accept for example fund nem startups that will develop
   software services for NEM ecosystem.
   Also this way dev team does not need to beg for donations.


3) I think this would be fair and hope that will motivate stakeholders to engage more
   in NEM community but on the other side I'm afraid this could also have a different outcome
   as majority  will receive something for nothing and could dump it.

   Fellow NEM stake holders
   this was call for participation an not an IPO and YOU are called to participate not just watch and wait.

   How to do this:
   talk about NEM to your friend and relatives
   spread the word out
   invest NEM in some real business
   start a business that uses NEM
   help the developer team to code services around NEM
   (design, translate, write,code)
   do other thinks that you are good at to add value to NEM.
   
   
4) I think is good to and could raise the value of NEM also the fund could be used like
   in option 2)


Actually I find only option 1 bad and all other options seems good to me.
Maybe we should put on vote this options mentioned here and let to community decide about the outcome
but I thing this should be when time comes now is still early for this things.

Best regards,
      freigeist

Please do not shoot off your head but please substantiate why this is nonsense so that people can understand "your point of view", for without reason, it is equally nonsensical to say so.

Please don't try to destroy the unclaimed stakes. I think it will be a self-destructive button. Either
-Send them over to the dev's funds, so that NEM is passionately developed by the devs, or
-Equally distribute among the people who claim their stake.

These two are the only two ways of maintaining the value and integrity of the coin and the community.

Also there is another way- Why not send 50% of the unclaimed stake to the dev's funds and the remaining 50% be equally distributed among all the people who actually claim their stakes( And this should also apply to NXT AE stakes- which shows fairness towards all the people who have invested and believed in the coin before any actual software release).

Regarding the destruction and charity-These options are just plain nonsense in my point of view.

I'm glad to see that NEM keep going!

I was thinking that when NEM does presentations, hand out paper wallets to people that seem interested and have never used crypto before, samething for our co-workers, friends, neighbors or whoever (even the poor and the under-privileged).

Third: V1 blockchain     Anyone can tell me about??

A lot of coins like Dogecoin and Redd tried tipping to do what you suggest, I think it brought more bad than any good.

There are a lot of sand on the beach too. By the same token, one can get free sand on the beach and be financially free, won't it?

I would like to see a huge pile of NEM get into the hands of average joe without them paying for it,this will make the stakeholders mad since they had to pay for it but average joes won't be spending money to buy NEM when they are not sure about it. Isn't the goal of NEM to help people achieve financial freedom? The more people that have it the greater chance NEM will succeed which will increase the value for the stakeholders.

Can you think of more choices? Can we not use the unclaimed coins to bring NEM to greater heights and therefore better for the community? It would be good if all of us can contribute great ideas to the initiative instead of tossing over some coins.

We are blessed and fortunate to be able to sit in front of a terminal and be a wet blanket to an initiative. What about the poor and the under-privileged? Can we also not use the unclaimed NEM coins to benefit them in some way?

There are a myriad of things we can do with the unclaimed coins. And if we are civilized enough to sit down and channel our energy to thinking what great we can do instead of being negative and paranoid about the use of the unclaimed coins, things will never come to be. Not unless one has very clear and selfish intention to profit from it immediately. Then I am afraid this is the wrong place to be in. It just cannot work that way.

Or dump less nem given that they may potentially be more valuable.

I think it's important that regardless whats decided, we also stick the original plan in every regard (That is, the plan before UP left). If there's any deviation, it'll open things up to debate - and to trolls - and unnecessary smear.

Great looking forward to it   First: we have to alpha (in 6 days); Second: we have to launch (in 2 months); Third: V1 blockchain (another 2-3 months). unclaimed coins are too far away. Don't rush to a decision  

Sorry for that, I didn't mean to offend you.

As pat, has written, we were definitely talking about two different things.

So to clarify future discussion, there are two separate things:

• auction of ca 150 stakes
• unclaimed stakes - those WON'T be auctioned

We need some time to discuss it with rest of devs, but what I'd like most, is that this should be
governed by community, as we definitely want community involvment.


But again this "unclaimed fund", would most likely adhere similar rules as promotion/ecosystem/dev, (slow release using Nem Business Rules)

So, what's your point here? I don't get what you are trying to say. Please be more explicit and please be factual about what you say e.g., "put in developers pocket".

That goes for everyone. It is considered a fud if one talks without facts. In such a situation, it must be reasoned out properly for anyone to accept an idea or a proposal. But if it is going to be an armchair critique with a selfish intention, then this goes against the spirit of the initiative.

I think the auction is a very good idea. It will be done not long before the release so it will be a very good advertising and allow the last people to get in before the madness.

It was announced a long time ago. The 4 million coin number was announced a long time ago. It is a long term plan and a very smart one. I think The only ones against it are greedy people that want instant gratification so they can dump more nem when it is officialy out and arrives on an exchange.

6 days till alpha!! 

by destroying the coins the rest of them will become more valuable as they are more rare (in theory).
So everyone could still be happy

no need to destroy them, rather make one side happy, than no one.

devs motivated by massive amount of NEM - I like it.

members motivated by bigger amount of NEM - I like it.

No one is motivated - I dont like it.

Please don't count the chickens before they're hatched. Nxt was one of the first coins (indeed maybe the first coin) to do a fund raising. That's probably why 25% never showed up when Nxt finally was released. Now that there already were a lot of fund raisings people are more used to it so I doubt that it will be 25% in our case. But I don't know...and you don't know as well.
We are already discussing the issue internally. But due the fact that the core team is spread across different time zones and not everyone has time to discuss the topic on every day, we need a few days to come to a conclusion. It would be kind of you to give us some more time to prepare a statement before coming up with the issue again.