all financial assets are just that papers backed by some valuable things. "real" here = "relevant", it starts to be something when nxt have 10-15 assets that serious people consider them relevant not some gimmicky labels.

The market potential is huge, but at them same time no platform has any proven history as well as stability. It is too premature to talk about network effect. The network effect will only start when you have the exchange running stable for at least 6 months with at least 10-15 real, tradable assets on it.

Someone making the asset exchange right 6 months from now could easily beat both NXT and XCP. So the door is still wide open and it is important for NXT to do it right first not that important to get to the market 1 or 2 weeks first. Between the two, I prefer NXT platform and 1 week to the market first makes no difference. I have some XCP too, but so far I have not even have time to have Bitcoin QT up and running.

The plan is for level 1 blockchain. Advanced features would be added later to the blockchain when we have a stable level 1 blockchain in place. So no 1000 TPS magic portion for now but there have been some discussions on parallel blockchain, reputation system etc.

Stakeholder list is updated to page 60. There will be an update on fundraising going forward after we are done digesting the development plan.

Next update after we pass page 60. New update every 10 pages.

No deadline yet. It should be open until close to the launch.

There are professional designer's samples in the mix. Can you recognize them?

Pm me a screenshot of the withdrawal.

I am still doing Paypal. I might have missed his pm though.

We are looking for participants not investors. All of your friends who has litter desire to be involved in crypto could stay off this. 1 NEM stake would be more than 1 million NEM and that's a lot of NEM. You could just give 10K-20K to your friends to try out when we launch. If my calculation is right, we won't even need to touch the development fund until the blockchain is launched so there are no real need for passive investors.

About the issue of gradually raising fee and early participants, it is designed that way for a reason. First 10-15 pages participants are all unique veteran members of this forum and we are stronger with them than without. Our two main developers Theis and Jaguar join in at around pages 15-20 and now they are instrumental in pushing NEM's technical development forward. The fees are raised gradually because our movement is getting stronger with every added member. The fees are kept raising relatively small amount at the tail end because I don't want it to be too expensive for people to join in. But after the development plan is shown, you are getting a very good bargain to join in at that time and be at an equal status to early participants.  

Sure. Community decides the logo. But generally website owners and app owners can choose the materials they want to use too .

I just think they are nice but probably neglected because of their small sizes in the Flickz.

mvag nem by futureutopian, on Flickr


mvag nem 3 by futureutopian, on Flickr


mvag nem 2 by futureutopian, on Flickr

There are no new rules.

4. How could you prevent multiple buy-ins ?

In short - We can't. Multiple buy-in will be possible with multiple accounts. We also want you to have the ability to buy a NEM stake for your loved ones so they could all join the movement. However accumulating many NEM stakes goes against NEM's principles of fairness and equality, therefore the development team reserves the right to refund you the money if an effort to unfairly accumulate NEM stakes is discovered.

NEM Flickr page http://www.flickr.com/photos/115246188@N06/ Take a closer look at the series of mvag NEM logo as they are smaller in size but they are pretty good with many variations.

Pm me a screen shot of your transaction. For the record, i hope this should be the last time I do that.

We already said no money from an exchange. Firstly, you risk your transaction id stolen by someone else (how to prove that you own that transaction if you sent from a share account of an exchange ?); Secondly it falls under counter-sockpuppet measure and your money would be considered a donation.

Read the front page carefully even before you think about sending money in. Then read it again before you actually send the money. Thanks.

There will be refunds for big-multi-accounters. The goal is to distribute the stakes widely and evenly (but not perfectly even)

he will do it when the time comes.

Thanks for making these two sites. It is looking good to me. I especially like the latter which could easily be the front page for nemcoin.org, nemcoin.info or nemcoin.com. I think that we will have our own forum when the community is big enough, probably when we officially launch the blockchain. I have no interest of running a forum and I assume core developers would prefer not doing it themselves so I think we would naturally migrate to a forum built by a NEM founder/ stakeholder as the time comes. But it is also an important decision because it could be the face of NEM and if the development team can't find a place they can trust to deliver NEM's messages, then we will make our own forum.

It is the same to nemcoin.com, nemcoi.org, nemcoin.info; I have bought all these three but I prefer not to run them or run only one so I will transfer them to a coupe of NEM founders/ stakeholders who are capable of running them and doing them justice. But these decisions would be decided later when the community already have sometimes together and we can make a better informed decisions on whom doing the best for NEM.

NEM community is still very young but I am overwhelmed by the supports from many people so far. The big day we are targeting is the launch of our blockchain, probably a few months in the future. NEM's model is different from other cryptos. All cryptos so far  launches the blockchain first and then develop community and build supporting sites and services and then continue growing. For POW coin, it works well since mining activities help distributing the coins gradually to many people as the coins grows. But the POW coins have some unsolvable problems such as the domination of mining industry, inefficient energy usage which makes the real cost of Bitcoin transaction is actually much higher than many people realizes. Bitcoin's model can still work only because the transaction fee is still funded by yearly coin inflation but it will not be the case in the future.

So I think we need to move to Proof of Stake coin which is a self-sufficient network which has a long-term sustainability. But the conventional launch does not work so well with a pure proof-of-stake coin as all the coin distribution has to be made at the launch. Hybird POW/ POS such as Peercoin could be a solution but they are  not escaping the influence of the existing mining industry so I have a more radical idea of "parallel development".  The core development progresses along side with community and user base building. Supporting sites, forum and brand awareness are also developed simultaneously. The goal is that we will start the blockchain with a huge user base and a relatively equal distribution. The blockchain could then take-off very fast after launch and go to a sustainable trajectory. I am lucky to have the helps of a very talented team of core developers so at this point I am confident that NEM would materialize and successfully create its own space in crypto industry. Jaguar will deliver a detail development plan this weekend and you will see why I can be that confident.

So that's my plan. Join in and contribute to NEM' success if you are a founder/ stakeholder. Naturally there would be some kind of imbalance between the technical development and promotional development at times, but my goal is to have both sides well developed when we launch NEM's blockchain.    
  

Then making their own accounts/ wallet and sending the funds in is the right way. You could send him the fund too, but limit it to 1-2 times because we would do taint analysis later on to reduce the instances of one person moving the fund around to claim many stakes.

Unless someone is willing to be actively involved in the scene, I would not encourage them to join in. Because 1 stake is a lot of NEM, you could just give them 10K, 20K later to try out.