Topic: [PSA] MemoryCoin 2.0 Dev abandons coin - page 3. (Read 8420 times)

you got my humble vote with 230~mmc

Elections are inherently designed to have winners and losers. If me winning is a mutiny, then I would assume you are one of the losers.

Mutiny on the Memory. I like it. 

If in a year, hell, 3 months from now you unlikely change your mind and say to yourself, "damn, FreeTrade and or any of the other offices aren't really doing anything to benefit MMC anymore, they are over at RAM coin spending all their time there!" Do you think you will be able to unseat him or any of the other officers once they are in the position for that long?

It's been there a few days.

Maybe we will support him.

Post your application and road map here. Everyone!

We paid FaSaN 20% when we won the 2 elections. 

FreeTrade has raked in near 22,000 just coins for holding CEO position. What had he done to earn this?
He forked the coin and updated the client and I am sure some other technical stuff, but I'll remind you held the Chief Technology officer position too. He took 15k coins from that position.

What is he doing to be CEO, other than making sure he stays CEO?
He reminds me of most politicians. Get elected, then spend the entire term trying to get re-elected instead of doing something to benefit their constituents. Saying things like the coin will only prosper with me and will die without me is absurd. If a Dev from another successful coin were to come here and take you position, would you be okay with that? Somehow I doubt it.

You are right. I have 205 MMC.

80% of the coin from the 2 elections won(previous to today) were dispersed to those who voted. The other 20% was paid to FaSaN. This will be the same today.

How much coin do you have? 

How much coin have you paid out for services to benefit the coin? (This should be publicly displayed anyway) Services paid for the benefit of MCF don't count as MCF is an extension of your wallet.Nearly a month in and your coin is <$.50.  I'd say you have already depressed the price enough.

looking forward to your application!
and I hope newmine gives you some time to dive in before he sets up an address for that office too (wonder why it doesn't have one yet, all the talking about wanting to redistribute because officers earn too much, and the officer doing the least work isn't threatened by this, but gets outvoted the conventional way...this idea still seems not really thought through like I said right in the beginning. but of course, no, no one here is motivated by greed :> )

Hi Seraphim,
I've changed my vote (ONLY FOR THE SUPPORT AND CEO ROLES) to you and freetrade.
All other roles in my opinion are being paid too much at the moment.
I will also, as stated, propose myself for the CMO role to make good use of the CMO salary (details coming right when the VanityGen decides to give me an address ).

While people here complain about the officers doing nothing, the support team is working hard on getting stuff done.
Status update: https://bitsharestalk.org/index.php?topic=1653.msg24467#msg24467

Newmine slowly is becoming a thread to our efforts. If you want us to keep up our work, give us your vote.
Without the coins from the grant I cannot keep on paying the team, and I think no one who cares about the coins future wants MMC to have a homepage with only parts of it translated to other languages...

Yes, worth noting that he doesn't seem to have many MemoryCoin himself, but instead is advising others to shoot themselves in the foot. Maybe wants to create a lower buy-in point.

You're not going to see the growth you want until this mutiny attempt by Newmine ends.

Where is the magic in having the memory coins I've mined become worthless??

WTF? I already told before this FreeTrade is a scam with PTS MMC and now AGS...

I am very disappointed with the performance of MMC2

I won't hold my breath.

well whatever the case, they're amounting to about 45k in votes
and according to the site
MCF is funded through the MemoryCoin grant award system. Its funds are currently administered by the coin’s founder and chief developer, FreeTrade. To avoid a conflict of interest, MCF does not provide grants or payments to its administrator.

I think FreeTrade has some explaining to do, especially since they're voting for him and most of the position holders

Yep, I know.
Please check this query and let me know if you understand what's going on there:
https://bitsharestalk.org/index.php?topic=2047.msg24095#msg24095

I paid FaSaN to keep to my word.

Damn, this FreeTrade is even worse than I suspected.
So much for my faith in this coin

I already wrote, about 2 weeks ago, why I think the voting system is flawed and it's just as democratic as the elections in Iran...
Newmine I just voted for all positions with a 7,500 MMC wallet.
MQdsjzu6KMgqzMAZ7xhmiRbyzTukGcrDPN

I will keep this vote as long as you keep your word. I don't see any of the officers budge a nail for this coin so they definitely don't deserve more than 20% the current pay.

Good luck

Ok I spent 5 minutes and found this on page 38 of the original MMC thread, is that what you had in mind? Quoting:

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Re: [ANN] MemoryCoin | R.I.P.
September 14, 2013, 03:17:46 PM
 #755
Quote from: eule on September 14, 2013, 10:22:12 AM
Can I get a TL;DR of this thread? I only followed Memcoin a bit in the beginning and reading the last two pages now makes it look like this:
Hey look, cool coin where YOU can vote who wins the jackpot! Vote for me and I'll continue developing. What, you want to win the jackot yourself instead of giving it to me for my hard work? F*** OFF, now I'll make your coins worthless! http://en.wikipedia.org/wiki/Scorched_earth

Indeed this is what it looks like.
FreeTrade always told us that he wanted the grant to go to something with a large community backing. Well, as it turns out, the Revolution Pool has a very large community backing but FreeTrade will not accept that as he does not get his share.
FreeTrade has pushed his plan for this single large vote without even listening to all the proposals that were made by the community. Nobody backed this plan but he thought it would be the answer to get 'private' votes banned.
As things turned out, it would be better to have kept the 5-grant system.

I understand that FreeTrade would appreciate some support for his coding efforts, but you can't extort the community to get your way.
It has been shown that the community will use the grant system to reward themselves. No matter how you change it, this will always be the way people think and act.

I think the best solution would be if FreeTrade would kindly ask SlyWax (Revolution Pool owner) if he can have 20% of the grant and the other 80% is distributed among the revolution pool voters. I think there is a real chance this could happen.
If not, someone else could take up the idea to start a pool with a fixed contribution to FreeTrade or people could change their voting preferences back to the MCF instead of the Revolution Pool.
Either way, whatever will happen is what the community wants to happen as was intended all along (according to what FreeTrade communicated up to now).

Power to the People.
Report to moderator 
A fine is a tax you pay for something you did wrong.
A tax is a fine you pay for something you did right.
"""

I wish I would have seen this earlier.