Topic: NXT :: descendant of Bitcoin - Updated Information - page 1142. (Read 2761626 times)

First marketing thing to do should be to use a specific forum for NXT instead of creating multiple threads on this bitcoin forum.

This long thread isn't easy to follow, and now you re creating more around ? 

Wasn't it more like "The committee discusses ideas and solutions with the community and make some polls for getting the overall opinion before making decisions"? I don't want voting's to make the final decisions, but there should be polls to get the opinion of the many, like it was stated in the old voting thread. Then, we can burn the witches play french revolution with the members of the commitee if necessary  

edit:

hm.

That's how Hitler operated, and it certainly is a straightforward management style.  I strongly urge you to get some sort of comment-based review cycle and feedback loop into your thinking.  

Folks, these committee members haven't actually been selected yet, perhaps you would like to go over there and express your thoughts on who should control this unspent 9M NXT - while you still CAN express your thoughts.

https://bitcointalk.org/index.php?topic=445209.0;all

There's currently mostly an agreement on 3 stakeholders as treasurers with no rights to vote.

3 funds divided between 3 of them (each is responsible for only one account):

* development = 5 million
* marketing = 3 million
* infrastructure (can also be shared as misc or reserve) = 1 million

Then there will be one or more committees, which will actually decide how to spend these funds.

So let's focus for now on taking money from CfB and splitting between these 3 people, so he won't send it to the genesis.

Then we can focus on committees.

Personally I don't think there's anything really wrong with that. In one years time NXT should be self-sustainable and be 100% open source. It is not healthy or good for NXT to have a "official" anything beyond 1 year existence in my opinion.

The job for marketing is to make the NXT ecosystem grow and get tons of new users, not to be the CEOs of NXT for eternity. That is the opposite of what is meant for NXT.

Each committee will be able to decide all these issues. It is a constant battle between spending now to boost the value of NXT, which reduces what is needed in the future, versus saving it and counting on each NXT to get that much more.

One year is a long time in this industry, but if we can stretch these funds to two years and still maintain top dog status among second gen, then I say stretch. My concern is that we stay on top. That is the most important. If we have to use all the funds up but can stay on top all of 2014, then 2015 will be much easier.

If we stretch the funds to three years but end up losing top status, then we might have funds longer, but the outcome is worse.

The goal is to maintain our leadership position among second gen

James

I would be eager to help if you need it.

Installed Oracle java instead of openjdk.

  that's why i'm not a copy writer....I just think up the strategy and they execute what I say.

First, it's "their", not "there".  Very important to get that right in the marketing materials.

Second, ladies and gentlemen, you can see right here and right now how the revolution to take the common heritage of the NXT community from the hands of the many into the hands of the few is complete.

drop openjdk and install oracle embedded JRE

(sorry replied, before I've seen your last post)

its up to the marketing committee it's there responsibility now.

Just want to be a broken record here and say that IMHO a significant proportion of this 9M should be set aside as a rainy day fund that doesn't get spent for say one year.  Otherwise I predict it will be all gone in a year.  There is certainly no shortage of people here wanting to spend it, less than 90 days after genesis block creation.

YES!.....Nxt on TV!!!  


World first...

+1

Nice! How did you fixed it?

Guys pls nominate members for committee vote:

https://bitcointalk.org/index.php?topic=445209.new#new

The respective committees decides on expenditures. The treasurers for the three committees performs escrow function. So, if you are on the marketing committee you will be able to influence marketing expenditures

I think we are getting very close to some clarity in the budgeting process. Now, we need to focus on the Process as proposed by Pouncer.

**********
Pouncer's Proposal

This is my simplified suggestion.

Select 3 founders to be treasurers for the unclaimed funds.
One to hold marketing, tech & infra respectively.
Treasurers will not sit in any committee

Make this selection simple & fast by putting up 3 names and waiting for no objection (1-2 days) period. Any objections should be followed by a good reason. I suggest jl777 propose the 3 names.

Once this is settled, we can do the nomination/election process for the 3 committees.

What this will solve:
1. Unlikely for founders to "run away" with the trusted funds.
2. They will be in for the long haul
3. They voluntarily give up their right to decide on the usage of funds. Founders will not be seen as monopolising the decision making process, thereby pleasing the opponents of 1NXT = 1Vote to a certain extend.
4. Gives more opportunities to other stakeholders to participate in building up Nxt.

**********

The slate of treasurers is: klee, bybitcoin, neer.g with pouncer as alternate. One treasurer for each of the three committees.

Lets table any discussions about specific funding decisions that were made in the past or proposed, we MUST come to consensus on Process. Without this consent, there are no funds to debate about.

I suggest that the selection process for the three different committees starts right away, those are the decision makers. Merit based for each committee. Details on size, etc. to work out but that is up to each committee.

One step at a time. Current step is to get consensus on the Process

James

BUMP!!!!

Android TV stick is working!!! Helped Oracle java. Uffffffff, it was 3 days tough work

Block check: 57147

Are there any giveaways planned in the marketing plan?