You have a couple of things wrong: The people developing this project not only own millions (many) of NXT but tens of millions of ARDR. Money is NOT a problem, they have it by the boatloads.
Which projects copy NXT, specifically? Give names. I think you have that quite wrong also.
And a bit of history: In the beginning, no one wanted NXT (too complicated). Afterwards, many people appreciated the tech in it, the ability to handle an exchange where anything could be exchanged. And all those people -me included- bought into it in spite of the fact that only like 70 people owned more than 90% of the project. More recently, they got even greedier -but in a very smart way- and doubled their money with this smart scheme that is naming the next version of NXT Ardor and giving themselves -and the other owners- the tokens for free while bringing them to the market... guess what, it worked. Chapeau. They doubled their money overnight. Problem is that the project remains a "cult" one, kind of thing: Converts like it a lot (with good reasons) but the rest of crypto -and much more the general population-, consider (those rare ones that have even heard of it) a small sideshow that will never be implemented in the real world where blockchains have become a household name attached, mainly, to Ethereum. Which is being implemented in hundreds and hundreds of real world projects -as well as thousands of crypto ones- as we speak. The inability of the team to sell their tech to the real world is evident.
As for "never the solutions" what "solutions" that NXT have are you talking about, that are not fully implemented in, for instance, ETH, DASH or even LISK?
what i mean, without funding all the other project is dead, dont expect most of it to survive for years,
but still NXT only raise 21btc, and a the tech is proven for years, the dev is even committed for years,
so
money may not always the solutions, dev commitments that's what matters
.
dude, ARDOR is more than that, while all the others still arguing for segwits, and ARDOR is the first and long before all the others implementing the child chain
again the NXT tech is 1step ahead
me and everyone had ardor and maybe ignis for FREE too, and where the wrong in that? dont envy if you miss the train, IGNIS snapshot is coming Q3
and its not overnight, it took me 3months in duration to participate in ARDOR snapshots
i dont believe what your accusing is true, if the dev had so much money, they don't need to raise donations.
okay, i have to admit it lacks of distributions, some of people have to much NXT coins and this is seems not fair with only 21btc they hold a lot
but Etherium have similar case isn't it?, vitalik do hold so much, and no one complaining?
no one hate etherium, if there is a comparisons it is only for motivation to be better, etherium lucky to have the hype.
i believe in the future more project with real use case will be implemented in ARDOR blockchain/NXT.
what i remember = NEM, Waves (sorry if im mistaken)
Err dude, you are too new and too naive. It'd be nice if you would do your research (right here in this thread if nowhere else).
I am not "accusing" anyone of anything, I just stated facts. Here's another one for you: The development team on NXT/ARDOR has set up -many months ago, and not in secret at all- a regular, PRIVATE, company which they own, who will be the beneficiary of any and all income, besides that 50% of IGNIS, produced by the sale of childchains on Ardor. You get that? It isn't an "accusation" it's the statement of a FACT, a public one, Jelurida. Now make of it whatever you want but it isn't "accusation" nor opinion, it's just FACT.
They certainly don't "need" donations. What they need is people supporting the network because without that support ("mining" by any other names), there's no security in the network. As a matter of fact -and there cannot be proof of this, so don't ask-, I believe the team itself owns already more than 50% of the combined NXT/ARDR, a figure certainly to increment significantly when they receive their 50% of IGNIS plus the corresponding part of the other 50%.
This is, technically, an excellent platform. Unfortunately, it is in the hands of a very small group of people, that's all. And that's not it's only limitation since, as a consequence, the entire NXT universe is much more reduced than otherwise it would be for many people simply don't want to be a long term participant in such one-sided, more and more centralized enterprise.
I personally -since you seem interested- applaud the tech and the smarts of the team and I have been in it for 4 years now (I remember NXT trading at over 9,000 then) and have traded it many times since. Still do.
I also profited from the free Ardor and will continue profiting in the future if the volume allows it, but lament that the NXT universe is and remains so far detached from what is going on in the world of cryptocurrencies today, in spite of the significant gains of late which are a very small portion of what other projects, perhaps with less technical merit, have already achieved. I believe this is due to a lack of vision on the part of the team that are very happy seeing their balances growing up when they could be growing up exponentially for everybody with NXT becoming a real player in the industry, not just an also-run.
Thank you for your excellent assessment. You've convinced me not to buy NXT, but to buy more GAME.
The Gaming Industry is 54 Billion in 2017. Gaming dwarfs the Crypto Industry, and GAME is on the leading edge of both.
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