Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 437. (Read 2985369 times)

So I asked one of our electronics stores who accepts bitcoin to also accept NEM.
They told me they are going to expand on crypto but they are definetly not accepting NEM, since, same as XRP, it is owned by a private subject 
so they are not going to support this "synthetic currency" since it's not even crypto.
Earlier today there was a crypto ""expert"" explaining top 10 cryptos on twitter, stating that NEM and Ripple are not even blockchains. (yeah both of them put shit Ripple and a diamond NEM in one bag and shook it)

Conclusion: loads of people that actually study crypto have no idea what NEM is!! imagine that people would know that NEM is most decentralized public blockchain! We need to somehow communicate what NEM is to the public. There could be a marketer among us who would be willing to educate public for a bounty. Do I see any hands risen?

now that the poloniex trollbox is gone, I think its safe to say that all pumps are over for all alts lol

I must admit that you have convinced me. It all makes total sense

That might sound reasonable in theory but in practice who would want to try developing for the nem ecosystem if they were in a significant risk of getting into heavy debt were their project to fail?

The fund was never meant to be self sustaining. It's a limited fund that is supposed to be invested into the nem ecosystem and when it's gone it's gone.

In short term this might seem wasteful but if you look into the long term the larger the ecosystem is the more projects there are on the nem chain and the higher the market cap will go.

Higher market cap not only leads to more profits for investors but also increases the value of the other funds (marketing, core dev fund etc) (and the remaining community fund as well) and leads to more visibility which brings in new users and developers.

I would argue the ecosystem is almost the most important thing for a cryptocurrency and the more we "force" it's growth now the faster it will start to grow organically.

Just look at bitcoin - by today's standards bitcoin is a horrible cryptocurrency, it's extremely slow and expensive (hell just the other day it took me 25 minutes to get a transaction through with priority fee) so why is everyone still using it?

Because it has a massive ecosystem - so many projects, companies and users are running on bitcoin it's not going anywhere but up for now.

It won't matter one bit how great our tech is if we can't grow the ecosystem out of just the core investors and community - and that is exactly what the community fund is for.

For those accusing all of the new accounts as being shills for this project. Here I am on the richlist,

(2247) NC75UPG6OEGRMPK3DAMT4MSQTELMXDQKB6O75CK7

+ a ton more that I have on the exchanges.

I wanted to give my opinion on the project because, when you have many 1000's invested in a project, that is what you do.

I will cast my vote and let the chips fall as they may.

For the benefit of all oldies and newbies, the atraura project is being proposed by an established nember. It is not some new company. They developed landstead.

The project is aimed at making onboarding easier as we work on our blue ocean approach with mainstreamers. It is an abstraction of the nem core solution. The current core developers will not have time or resources to do it.

It is basically a framework for easy development of applications. The framework will be open source and parked under the nem banner for anyone to use. There is no commercial interest in the project other than the cost to hire heads to do it.

Now, instead of ico, they are requesting aid from the community fund. It is not part of the foundation fund, which belongs to the original  core fund that will be donated to the foundation.

I would urge you to think properly rather than shooting into space with your comments without actually knowing the intents of the project. Whether it is worth 3m or 300k, it needs to be justified of course. But there is obvious need to make things easier for application programming and onboarding developers to write apps easily.

Currently it takes a mainstream guy about 1 month to know NEM application programming. We want to cut that down substantially. The framework is meant for that.

Unless you have worked on nem and know blockchain, as a mainstream programmer, it is hard to understand multisig, let alone programming it.

Framework is supposed to make it easier.

I believe they will have an AMA. Please avail yourselves with questions.

After rereading his response (Page 1640)  I will vote "yes" for the project.

NEM team hasn't a cristal ball to know the future for sure.

Anyway the president of NEM Foundation  (rockethead ) already expressed his thoughts about this project.

The fair thing to do is to return all the Xem to the community fund.
I think it's better if the community fund turns into a interest-free loan. If you complete the project you get to keep the payments otherwise you'll return it.
So that people get discouraged to apply if they can't calculate in their chances of success.

       Just to be clear......  Crypto Apex is in the process of winding down.

       We are obviously dissapointed we didnt meet our aims and especially dissapointed that we didn`t deliver for the community.

       Im not going to go into all the reasons why we were not successful but with all these new projects , some will succeed and some will not.

The fair thing to do is to return all the Xem to the community fund.
I think it's better if the community fund turns into a interest-free loan. If you complete the project you get to keep the payments otherwise you'll return it.
So that people get discouraged to apply if they can't calculate in their chances of success.

       Just to be clear......  Crypto Apex is in the process of winding down.

       We are obviously dissapointed we didnt meet our aims and especially dissapointed that we didn`t deliver for the community.

       Im not going to go into all the reasons why we were not successful but with all these new projects , some will succeed and some will not.

       Just to be clear......  Crypto Apex is in the process of winding down.

       We are obviously dissapointed we didnt meet our aims and especially dissapointed that we didn`t deliver for the community.

       Im not going to go into all the reasons why we were not successful but with all these new projects , some will succeed and some will not.