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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 53. (Read 2984910 times)

sr. member
Activity: 614
Merit: 254
From the final development contract notice dated March 31st 2015 (https://drive.google.com/file/d/0B_0Z9jDGHPxPbndmbm96eW1XaEk/view)

2.1.2 Silver Coins for Distribution to Initial Stakeholders

Based on community consensus, physical silver coins will be minted and distributed
to initial NEM stakeholders .


The silver coins shall be distributed as an asset (colored coin), effectively giving all
initial stakeholders a parallel, silver-backed digital currency that shall reside on the
NEM blockchain. To claim one physical silver coin, one whole silver coin asset is
needed.
Note: ​The execution of the silver coin project is not guaranteed and will only proceed
providing that XEM market cap and liquidity are sufficient to cover the expenses with
the allocated stakes. If this condition is met, all initial stakeholders will be issued
their silver coin asset. If the allocated stakes do not reach a high enough value to
fund the project (to pay the mint and cover all costs [shipping costs etc.]) until V1 is
released, the complete fund will be transferred to the community fund. "A high
enough value" can not be exactly fixed at this time, but to get a feeling: it is
estimated that the fund should reach at least USD 260,000 to be successful.

There are 211,885,446.63 XEM in the Silver Coins for Distribution to Stakeholders - - Dev-Fund

Even at today's price that is worth approx $7.5M (more than the $260K noted above).

If this was distributed to the original stake holders, they would get a few thousand dollars worth of coins each.



Creating sliver coins with NEM logo on it will probably push price up. Maybe foundation can even create XEM silver coins with QR code worthing some
amount of NEM.

Similiar like https://casascius.com/

Regards
member
Activity: 202
Merit: 30
forum.nem.io
From the final development contract notice dated March 31st 2015 (https://drive.google.com/file/d/0B_0Z9jDGHPxPbndmbm96eW1XaEk/view)

2.1.2 Silver Coins for Distribution to Initial Stakeholders

Based on community consensus, physical silver coins will be minted and distributed
to initial NEM stakeholders .


The silver coins shall be distributed as an asset (colored coin), effectively giving all
initial stakeholders a parallel, silver-backed digital currency that shall reside on the
NEM blockchain. To claim one physical silver coin, one whole silver coin asset is
needed.
Note: ​The execution of the silver coin project is not guaranteed and will only proceed
providing that XEM market cap and liquidity are sufficient to cover the expenses with
the allocated stakes. If this condition is met, all initial stakeholders will be issued
their silver coin asset. If the allocated stakes do not reach a high enough value to
fund the project (to pay the mint and cover all costs [shipping costs etc.]) until V1 is
released, the complete fund will be transferred to the community fund. "A high
enough value" can not be exactly fixed at this time, but to get a feeling: it is
estimated that the fund should reach at least USD 260,000 to be successful.

There are 211,885,446.63 XEM in the Silver Coins for Distribution to Stakeholders - - Dev-Fund

Even at today's price that is worth approx $7.5M (more than the $260K noted above).

If this was distributed to the original stake holders, they would get a few thousand dollars worth of coins each.

sr. member
Activity: 315
Merit: 250
I've been waiting for the silver funds to be released to the original stake holders forever. it's never going to go away.
Nem foundation keeps on ignoring it, but I understand it's not on the top of their lists. But they should at least address it better.
It was and agreement between original stakeholders and the foundation right from the start.
member
Activity: 169
Merit: 10
...
And to all the newbies / non stakeholder:   It´s not your business! It´s a contract between Nem(foundation) and the original stakeholders!


And to all original stakeholders: Where are you? Fight for your right!

NEM Final Development Contract
https://drive.google.com/file/d/0B_0Z9jDGHPxPbndmbm96eW1XaEk/view

Fight for your right!
https://www.youtube.com/watch?v=eBShN8qT4lk

NEM - Nothing Else Matters
https://www.youtube.com/watch?v=tAGnKpE4NCI

...Trust I seek and I find in you...Nothing Else Matters

I'm in this for the long haul. Smiley
legendary
Activity: 1316
Merit: 1041
Bitcoin is a bit**
News about the silver fund? I just saw the dialog between jelin1984 and LauraBKK (holy shit...this person is so unpleasent...it´s a shame!) and all she had to say was: " I don´t know!" Ehh what? few months ago i also tried on telegram and Laura was incapable to give a proper answer.  Infact it was cheeky and condescending.


However, it was a verbal contract with the original stakeholders! So you can´t just say "Sorry, i don´t know . So fu... you" !



And to all the newbies / non stakeholder:   It´s not your business! It´s a contract between Nem(foundation) and the original stakeholders!


And to all original stakeholders: Where are you? Fight for your right!
legendary
Activity: 2408
Merit: 1004
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
For those who are using Exodus wallet, here's a quick update about them and NEM.

"You can now securely send, receive and manage NEM (XEM) on the go with the Exodus Mobile wallet app!"

Download it in the link below:


Code: (LINKS)
http://get.exodus.io/nem-mobile

Can we use the NEM blockchain's tokens on the wallet..? If that is possible then its a great wallet to have.

Also I want to know which coin on the NEM blockchain has a working model and use case scenario..?
member
Activity: 854
Merit: 10
So the full launch of Catapult should be in February-March next year? What is the real usecase and how usefull it will be for market and business?


For  possible usecase check at the articles here:
https://iodlt.com/2019/11/30/the-future-of-data/


Thank you. But I'm interesting about real usecase, not possible. There are a lot of dofferent blockchains which offer for business different solutions, but the problem in that business don't use this. The problem in adoption. Do they have some companies onboard which interesting in this?

Still, we should consider blockchain will be implemented by the companies, but it will take time because we have seen there are many companies with different blockchain. Companies might be in confusion about whether to choose the block chain or not.
hero member
Activity: 1610
Merit: 508
So the full launch of Catapult should be in February-March next year? What is the real usecase and how usefull it will be for market and business?


For  possible usecase check at the articles here:
https://iodlt.com/2019/11/30/the-future-of-data/


Thank you. But I'm interesting about real usecase, not possible. There are a lot of dofferent blockchains which offer for business different solutions, but the problem in that business don't use this. The problem in adoption. Do they have some companies onboard which interesting in this?
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
This is an interesting read - https://forum.nem.io/t/migration-committee-catapult-tokenomics-proposal/23979

The whole incentive system is getting a big arse overhaul for the launch.

However something's open source debut being paired with what is presumably a centralised entity holding back units to feed them in gradually isn't necessarily a great look.

All along it's not been decentralised enough and it's also not been centralised enough to get shit done that needed doing. Looks like it's continuing to an extent.
hero member
Activity: 1110
Merit: 534
So the full launch of Catapult should be in February-March next year? What is the real usecase and how usefull it will be for market and business?


For  possible usecase check at the articles here:
https://iodlt.com/2019/11/30/the-future-of-data/
hero member
Activity: 1610
Merit: 508
So the full launch of Catapult should be in February-March next year? What is the real usecase and how usefull it will be for market and business?
member
Activity: 202
Merit: 30
forum.nem.io
This is a joint message for our community on behalf of the Catapult Migration Group, comprised of The NEM Foundation, NEM Studios, NEM Ventures, and Tech Bureau Holdings.

https://forum.nem.io/t/migration-committee-community-update-6/23957

Launch Date Targeting Q1 2020

copper member
Activity: 68
Merit: 1
NTX developer
NEM has been listed at https://cointostake.com (staking statistics + monitoring)

Check staking rewards, stats, ROI. POS earning calculator.
newbie
Activity: 21
Merit: 4
Exodus does not require any registration or KYC. It's a non-custodial wallet where all your info and private keys are stored encrypted on your own device.
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
For those who are using Exodus wallet, here's a quick update about them and NEM.

"You can now securely send, receive and manage NEM (XEM) on the go with the Exodus Mobile wallet app!"

Download it in the link below:

~snip~

Code: (LINKS)
http://get.exodus.io/nem-mobile

Very nice. Does exchange require personal information to register? ID card,passport?
If I'm not mistaken, according to their past communication and Tweets, they'll NOT require any KYC to their customers. Just take note that I based that comment according to their announcements few months ago. That might have changed today or not. The best way is to contact them through Twitter. They're quite active there and you'll get a prompt response from them on a time manner.

Code: (TWITTER EXODUS)
https://twitter.com/exodus_io
sr. member
Activity: 614
Merit: 254
For those who are using Exodus wallet, here's a quick update about them and NEM.

"You can now securely send, receive and manage NEM (XEM) on the go with the Exodus Mobile wallet app!"

Download it in the link below:


Code: (LINKS)
http://get.exodus.io/nem-mobile

Very nice. Does exchange require personal information to register? ID card,passport?
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
For those who are using Exodus wallet, here's a quick update about them and NEM.

"You can now securely send, receive and manage NEM (XEM) on the go with the Exodus Mobile wallet app!"

Download it in the link below:


Code: (LINKS)
http://get.exodus.io/nem-mobile
member
Activity: 202
Merit: 30
forum.nem.io
https://finance.yahoo.com/quote/XEM-USD?p=XEM-USD

You can now see cryptocurrency stats on Yahoo Finance (In association with CoinMarketCap).

https://finance.yahoo.com/cryptocurrencies/
legendary
Activity: 2632
Merit: 1023
http://docs.nem.io/en/gen-info/what-is-poi

need to fix this you tiny pic is no longer working looks bad
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