For the record, I'll repeat here what I said over there as just some rough points.....
I would like to see the 9M unclaimed NXT joining the 2M NXT that I am already safeguarding in the NXTcommunityfund account. I am already a trustworthy steward of a large amount of NXT, and I would be a trustworthy steward of an even larger amount of NXT.
I am a top 50 NXT stakeholder. I bought in big with my own cash in mid-December because I believe in NXT. I want this currency to succeed. And I want to see these 9M NXT funds used to make that happen. I know I don't have all the answers on how to wisely spend 9M NXT. I do know I'll dig for facts and listen to anybody with a good idea and try my best to be fair in making good decisions as part of a team. I think those factors qualify me to be a part, and only a part, of deciding the future of NXT.
Plus, I am in no hurry to spend it. NXT is in for the long haul. There will be future emergencies and choices. We need a war chest to deal with bad times and flexibility to seize future opportunities. Once this 9M NXT is gone...it's gone. Think long term.
9M unclaimed NXT to NXTcommunityfund. That's my proposal.
Where else specifically would you put it? Because it's got to go somewhere specific between now and April 3...or it disappears forever.
Much as I appreciate your work, I would hesitate to have ALL funding under the care of one person. You already and wisely made a contingency plan in case something happened to you. This is good. I don't see how "not being in a hurry to spend it" is an argument, as other people aren't either. Most, if not all, people who are being considered for the committee think long term. I think this proposal is muddying the water at this time. If all goes well, we will have TWO warchests, spreading the effort and risk. Seems to me that is good. Edit: this is my post in the committee thread with a clearer account of my views on it: https://bitcointalk.org/index.php?topic=445209.msg4901770#msg4901770
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@Damelon; want a monolith for the conference?
Who DOESN'T want his own pet monolith? Edit: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.quickmeme.com%2Fimg%2F07%2F0719a559ad2fb1f7121b4cc5a5d80046d1ba5f11d8e94ce28435d3bb3e7362b6.jpg&t=663&c=932_M3C9zZ_pbA)
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I nominate Damelon and jl777 as additional candidates. Will you guys accept the nomination?
I would accept. However, there should also be some backups for the committee. I have some projects I possibly would like to put up for funding, which means that I would not and should not be allowed to vote on. That means, to maintain an uneven number of members to avoid a tie in voting, there would need to be a substitute. I actually disagree with this. I ahve a ton of ideas together with Klee, Nify, Salsacz and so on. We took the initiative for marketing back in mid December. If we aren't in the committee then nothing makes sense really. We have barely been awarded anything for our work and we got a ton of projects upcoming. We had a questionaire over at nextcoin where 70+ volunteers signed up, everything from graphics majors to PhDs in computer science and physics. But due to the communities inability to come to any consensus we have no NXT to give anyone for any work, so we have lost a ton of talent due to nothing but pure procrastination and that's just ridiculous. I would refuse to vote on my own projects. I would have a conflict of interest. I would not even consider discussing one of my projects in any other capacity as submitter. You're free to take another stance. I just want to make my position clear. It wouldn't be that much of a problem to just have a substitute to cast a vote on a project I would submit. Maybe we are talking about different things, though. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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I suspect a common reaction amongst the dogecoin crowd will be to shout about premine and scam etc... There is that pervasive attitude, that anything that doesn't justifiy having a GPU rig to mine coin is a scam.
What are some good constructive ways to communicate that NEM is not a scam, and is meant to fulfill the promise of a fairly distributed currency?
Scam is so easy to use. This is a risk, certainly. However, I know utopianfuture from his work on Nxt (which also proved not to be a scam and is continuing to prove it) and I am convinced NEM will start in good faith. That doesn't mean it will be a success. If I've learned anything at Nxt it's that PoS coins rely on a strong contributing community that invests in the coin (not just in money, far more in time and effort) to give the system value. I'm very curious how this will turn out. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I nominate Damelon and jl777 as additional candidates. Will you guys accept the nomination?
I would accept. However, there should also be some backups for the committee. I have some projects I possibly would like to put up for funding, which means that I would not and should not be allowed to vote on. That means, to maintain an uneven number of members to avoid a tie in voting, there would need to be a substitute.
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The way I have discussed implementing this in the past, the code keeper would be the account owner. SOmebody opens a new NXT account, then has the option of putting a freeze code on the blockchain telling all nodes to reject any future withdrawals from the account until that freeze code is nullified by the user sending a second message to the blockchain containing a unique password that only the user knows. That way a whale doesn't have to worry about his account getting cracked by doctorevil, if that happens doctorevil doesn't know the second password to enable NXT to leave the account.
This is planned in Account Control, isn't it?
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Hi every one, i dont know where to post my project but i see you are researching what to do with the pool3 and where distribute the funds. And this is an ecological way where we need some help,
Sorry for cutting off the plan in the quote, but I want the thread to remain readable. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) This thread is not for project plans, but for voting on a committee that will decide on funds that will specifically be spent on Nxt. It may be that the people getting these funds will be used to fund projects like yours. But that's not up to the committee. A request such as yours should probably be made to the Nxt community at large, maybe in the forums at https://nextcoin.org/ or https://forums.nxtcrypto.org/. Good luck on your project! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Pfffffff. Yeah, somehow, it caused the same emotions for me.
@Damelon Do you have a better one?
Define "better" I can't see from your post if you think it's accurate or not... Don't think it is. We weren't born yesterday ( not anymore ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ). Don't rob me of my stereotypes! ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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We choose the trustees just for holding and disbursement of the fund. How to use the fund will be made by other people or consensus of the community.
If this is so (I understood it in a different way according to the second voting results) then we'd only need guardians/executors, area of expertise is irrelevant and it boils down to a matter of trust. I understood the committee was defined as such according to utopianfuture's definition of "funding committee + open bounty" approach, winner of the previous vote. Yes that is the idea. because we already have a treasurer :Cfb . My understanding is that since cfb does not want to be the treasurer and he is leaving by April he want the community to find a group of trusted persons as the treasurers. In the mean time, we also need to figure out how to use the fund otherwise it will be send back at the time he leaves. Maybe I am wrong. As I read the polls, this is the situation Poll 1: There will be a committee that will administer the 9 Mio. fund. Poll 2: This committee will disburse funds according to an "open bounty" concept, so not propose projects themselves. I guess it would be within the committees purview to keep asking people for projects and make it know the 9 Mio. is available. The committee probably should also set up some guidelines that projects should follow, but only in the formal sense as "state what you will spend the money on and what will be the benefit", not the sense of "the project should be about X", because that would be interfering with the content. We are now at Poll 3, in which we choose the people we trust to be on this committee and who we will delegate the power to make the decisions about the money to. It has not been decided who or what will actually distribute the funds. This could be one or more of the members, but also (and maybe preferably) a trusted 3rd party. If this means we are going to have a long discussion about account keys being shared however, I say "nevermind" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) In short, it's about investing trust and the responsibility over 9 Mio of funds to a small group of people. Correct me if I am wrong.
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Pfffffff. Yeah, somehow, it caused the same emotions for me.
@Damelon Do you have a better one?
Define "better" I can't see from your post if you think it's accurate or not...
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It's Sunday, so I am entitled to one funny picture: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimgs.xkcd.com%2Fcomics%2Fgoldbach_conjectures.png&t=663&c=Lv2qZIFgfikJow) After seeing you guys talk, this is more my impression of your world ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) (Sunday, you can't touch me!)
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Bullshit message and troll. As far as I can see Ron van Raften is some kind of shady therapist. Probably an inside joke. Kids, eh? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Result AM contest:1) passion_ltc 55 (23.9%) 50,000 NXT to 13337237365691622237 2) Minusbalancer 53 (23%) 30,000 NXT to 5687942189255392308 3) landomata (Nxtty Messenger) 42 (18.3%) 20,000 NXT to 4852454727154647174) Marcus03 21 (9.1%) 15,000 NXT to 1758531264253431177 4) nxtru 21 (9.1%) 15,000 NXT to 6488861056876578743 4) getfun12345 21 (9.1%) 15,000 NXT to 5693933960808456307 5) scor2k 17 (7.4%) 15,000 NXT to 13506390574400724639 Total Voters: 230 ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Congratulations and thanks to all! Enjoy your Nxt ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Are these funds really going to pay for 6 people to go to Berlin and 8 people to go to Amsterdam? That seems excessive. Someone was saying 3 people was perfect and made very good points as too why. Who was that?
I've already stated that I will pay for my own ticket in Amsterdamn. I live there, so no trouble for me. My fictional share can go towards things we need to actually set up the booth.
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I just heard back from my designer friend and they are getting really excited. Basically they are a company whose core business is delivering total brands, so they could "pull together" the Nxt image. We could have one style worked through apparel, business cards, promo materials etc. I've sent them the current material and stressed that the logo is a given, but invited them to play around with it and show us what they come up with. Just so you know who they are, here is the company website: http://onepagedesign.nl/The portfolios for the two people who will be working on it: 1. My mate: http://dutchgamedesign.wordpress.com/portfolio/ (fairly old) http://www.redbubble.com/people/bergmandesign/portfolio2. The "other" guy, whom I haven't met yet. http://www.idxsign.com/Currently they are working for Samsung and Vodafone on a project. We are setting up a meeting to see what they could do, but it's sure they could provide us with all branding designs if we want. They would be willing to do this for 30.000 Nxt, as they believe that if they do a good job, and Nxt rises in value it will be a very good investment.
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PS: but what we do with Asian Prepper? He recorded one video, but cut it at probably 4-5 pieces ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) We all learn from Peter Jackson and the Harry Potter films ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Is it an idea not to think of them as separate vids, but as one interview? Not to be stingy, just as food for thought? Edit: also thanks for the Nxt, once again! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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There are MANY good developers here who want to contribute to the Nxt ecosystem!
Why aren't we collecting ideas which could be turned to functional websites/services. For this we could reserve like 4M NXT. After we have about 10-15 project ideas we assign a bounty to each. Now everyone who comes forward and wants to do it, get the bounty.
Remember, if we have a GOOD product, we don't really need advertisements or marketing!
Also, what do you think about getting the funds from the unused NXT for the reddit campaign? We don't need much, but if we could get 50k NXT we would have many possibilities on reddit to advertise.
Guys, services are important! I have a few of these lined up. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I'm pulling together a team of developers and designers to work on just these. ETA for a plan is about one week. These people have jobs and need time to go over the material I dumped on them ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) But if all goes to plan, I think you will be pleasantly surprised ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) We should open NXT IDEA THREAD on nextcoin & nxtcrypto.org and pick top 10 to fund....50,000 Nxt each....that will get the ball rolling
Good idea!
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No offense but: stop complaining, start doing.
I am sorry, but this may be the most silly thing someone has said to me in a while. It's best to just ignore. I am slowly coming to realize that there is sadly a big portion of this community that don't want anyone to raise any questions about anything. It's beginning to look more and more like politics. Being critical is politically incorrect and thus frowned upon. I apologize. It wasn't meant in any way offensive. That poll is just a fallback in case the committee solution shouldn't work out. Otherwise, it has nothing to do with it. I voted for the committee solution myself and I really appreciate its progress. You've done a great job. Continue concentrating on it. Don't worry, I've developed a rather thick skin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I just see unfortunate side effects of this poll. I agree that when we don't get consensus (which I rather doubt) this may be a true last resort. That is two months from now. A lot can and will happen in that time. No worries ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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No offense but: stop complaining, start doing.
I am sorry, but this may be the most silly thing someone has said to me in a while. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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I retract my previous statement after some thought.
There is a good chance this poll will create some wishful thinking and afterwards resentment when we dó spend it all :/
Yea and the fact that these are the "solutions" instead of actually having understodo that marketing is the way to go by now is just scary by itself in my opinion. I don't agree with that, but that doesn't matter. We all have different views on what is important. Marketing is one, dev another etc. I'm basically against waste of coins. This poll however will probably get people thinking they are assured of "free Nxt" and if we fail to deliver because we have actually spent them on developing Nxt in whatever way, we'll get the whole "unfair" discussion all over again...
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