OLD complicated ICO / Premine scheme that made some people rich.
https://bitcointalksearch.org/topic/ann-nem-4-billions-coins-part-1-this-thread-is-no-longer-used-422129HOW - TO
The fundraising is especially designed to promote fairness and egalitarianism. This is the first funding scheme of this type ever and we believe it is revolutionary in its effort to bring egalitarianism to the crypto industry.
If you do not have a Bitcointalk account yet, you need to create one to reserve a stake spot. Do not lose the account password, because you will need to access the account later to claim your share.
In the first 20 pages, stake spots are reserved only by showing "interest". After page 20, a fee has been introduced for late adopters. People who join after page 20 will still be distributed an equal share of NEM but they have to pay a fee to join in. Then after every 10 pages, the fee will be adjusted as a multiple of the initial fee. Another way to reserve a stake spot is to promote NEM to the outside community. Condition of promotion for a stake spot will be revised every 10 pages by the development team. We would greatly encourage you to spread NEM's idea to mainstream people outside the cryto-community even when you have already reserved a stake spot.
After we reach a critical mass, we will launch the NEM genesis block, (we plan not to have more than 4000 accounts in total, see FAQ below). A total of 4 billion NEM will be distributed equally to all adopters. That means every stakeholder will have an equal and fair share of NEM when NEM blockchain officially starts. Then you can sell- buy NEM freely and let the market forces determine the price.
One Bitcointalk account is entitled one stake spot. If you send more than the required amount at one time or multiple times, we will consider it a donation to NEM.
Oh and i have never had a "NEM" or "NXT" ever.
..nor will i.I couldn't care less what they are worth of if they are ranked higher than Bitcoin.
PS:In case it's not obvious i am not a fan of convoluted / complicated scammy little weird ass fucking distribution schemes.
