Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1988. (Read 2984135 times)

NxT is damage control mode.

He was at multiple conferences and was pumping out hype.  He was the de facto leader of NxT ro anyone who attended the conferences.

World's longest investigation.  He took money and ran.  

It's not just that 79 BTC, he took other money from all over the place.

You can continue your argument via PM's, no need to flood this topic with nxt-nonsense. Im here for NEM and therefore dont really give a damm if someone does'nt like nxt distribution.

Only one week to ALPHA!

It should be interesting and it will reveal a'lot about NEM client. Really waiting to see how market will react after open alpha.

John is not a leader of NXT, there is no such thing as a leader of NXT. He was an individual speaking for it at a public event. His account was hacked and BTC were stolen with a forum post on the Nxtforums. This event itself is entirely unrelated to NXT. Could not be more far from what you happen to claim:

-- After all this is a thread about NEM and I don't quite get why you post about NXT in any topic you can find. Keep other topics free of your ramblings,  why not keep it NEM-related here?

John (public leader of NxT) stole a fortune, for real.  All those donations he requested, scam trades, cointropolis asset (which he pocketed).

Easily $250K+.  He also had NxT people pay for his hotels and flights.

What part was he lying about ?

They usually send them during the day 

Thanks for replying so quickly. When are you issuing the next batch?

Yes I'm in charge of that.
I've issued about 10 tokens since UP left and have about 20 more that will be issued with the next batch.

I for one, don't see NXT as a problem. In fact, the relationship to NXT could very well be similar to what Litecoin is to Bitcoin - however, it's a symbiotic relationship that could, potentially, benefit one more than the other. This is just the way it goes - and again, i've no problem with this, because in the end they'll both benefit eachother no matter how small.

It's whether or not the NXT community see's NEM as a problem. However, in all fairness, if they did, it wouldn't be on the NXT AE in the first place. One thing is for sure; NEM is by far the most popular asset they've ever had. This alone, speaks for itself. It wouldn't surprise me if a small minority in the NXT camp did find NEM threatening, and responded by trolling.

One thing is certain; the trolling and FUD is a representation of the potential success this coin could have. Press on, ignore the fud, ignore the trolls and eventually, they'll stop.

So is patmast3r now in charge of distributing the remaining 500 + tokens or is someone else responsible for that?  Some clarification on this issue would be greatly appreciated.

Who has access to this NXT account (13254208495541261949)? Patmast3r?

How many NEM tokens have been requested & issued since this Utopian Future situation happened? 

Thanks in advance for answering. 

This. This cannot be stressed enough.

People disagree and part away. That's normal.

Please stop to answer in this arrogant way, and tell people to refund.
NEM´s biggest goal is to attract as much people as possible.

And a take it or leave it mentality doesn´t build a great community.

It's the NxT people.  I'm an early adopter of NxT and Eadeqa is on that forum saying bad things about NEM.  

Ever since first month NxT people have been trolling NEM, and only NEM.  They've feared NEM since the beginning.   NEM is everything NxT but without NxT's bad distribution (20 whales who took almost everything and another 50 got scraps) and NEM has a big community.

NxT's capitalization almost doubled just from NEM trading on their asset exchange and it's still the #1 asset.

I actually want the developers to have a little extra.  I think it is a very wise move.  The thing is, we have quite a few very talented developers working for us.  If they have extra NEM stakes, they will be more motivated to work hard and improve the code.  They won't ever be paid anything more after NEM is released, so for the code to be improved, people will have to want to work on it.  If the NEM developers are well invested in NEM, they could work more diligently on NEM trying to make it better and better.  Once NEM is better, their stakes value goes up and while it isn't exactly getting paid, it does mean they will get richer for their hard work.  

For me, the balance is the developers having enough to be incentivised to work more in the future, yet not have too much to make the system unbalanced.  Where those numbers are exactly suppose to be, I can not really say.  For me, I am probably okay with what the community decides.  

I think right now the most powerful thing about NEM is our narrative.  We are a group of people that have come together to make something great.  We believe that all people should have an equal and fair chance (though not all be equal in the end, already some have sold and some have bought more).  To keep this narrative we need to make sure that the developers are rewarded to keep on developing, but not an amount that seems unfair.  

I agree with what's being said here. I thought at first that more coins to existing stakeholders would be good but now I'm not so sure. Once stakeholders got their 'extras' it would be more unlikely for fresh ideas to be funded. Obviously the developers must be more trusted than the average stakeholder to keep funds for future advancements of the project considering their time already spent on it.
   Hopefully with their commitment 1000000 nem coins will be enough for each holder to prosper tremendously.

Very reasonable IMO. I am an early investor in Nxt and a stake holder in NEM and allow me to chime in my perspective here: Eadeqa's FUD is widely off the mark.

When Nxt was out of the genesis block there were a radom 8 people who held 5% of the total coin each. There were at least two other peope who sent the Btc twice or more and they had 5% of the total coin each too. Comparing to NEM current scheme in which the core dev. get about 2% for doing allmost all the works up to V1 blockchain (which is up to current Nxt blockchain specification as I understand).

I am questioning this Eadeqa's motive. He doesn't care that a random person holding 5% of Nxt but worry so much that a NEM core developer getting 2%? Isn't is suspicisous ? I would demand his explanation before considering any of his FUD request.

As a business owner and a technocrat myself, I believe in hardwork being rewarded. As a regular investor (in other businesses), I am always looking for the clues that the key people of that entities having proper incentives for doing a good job of running the show. As a NEM stakeholder, I think it is the best for NEM that the core dev. and other key peope in marketing and business having a sizeable chunk of NEM so that they have an interest in developing and building NEM for a longer term success.

Add: As a community, we have to treat our developers well. They are NEM founders and deserve to be treated as such.

how do i claim my stake from the nxt exchange!?

Let me address some of the issues.

Regarding dev fund, as of today UF already spend 10.5BTC for UI/UX. And the estimate is another 10btc till Aug.
The dev fund is controlled by dev team, the accounts are in first post.


There are/were two main reasons for public auction:

• get more stakeholder, to have 3000 stakes altogether,
• get funds for future work (mainly for external expenses),
• public auction would most likely be held AFTER BETA.

When it comes to me (and I think I express view of other devs too), I'm here for NEM, not for btc.
Whether public auction will be held (I think it should as it was promised), and how many stakes
will there be, is TBD. We will definitely take Eadeqa's fears and doubts into consideration.
(Give us few days time for some internal discussion)

Regarding 15%, keep in mind there is 400/100/100 split there, so it's not only dev but also promotion and ecosystem.

The 10% reserve, is supposed to go for FUTURE projects and it will be LOCKED (using NEM business rules).

During the last days it has looked like the  NEM community is pushed with not so essential claims about utopianfuture's stakes; "he had 60 stakes", "ran away with 200 000 dollars" and so on.

Are there in the contract exact amounts ?
If not, where the FUDders get the numbers? Their numbers must be possible to be proven false. Until that all kinds of FUDing is possible.