Armis, I still feel the name of the committee should change the name to be a bit less confusing for our supporters. That is primarily because "EMC2" IS Einsteinium and there is already the "Einsteinium Foundation". If you would like some suggestions on a new name for the community effort I could help out.
I agree.. they usually call that kind of group an Advisory board or something similar.
most governments around the world have Executive and Legislative branches.
most large companies have something similar, a Board of directors a Shareholder advocacy/activist group.
it seems like that is what we are aiming for here so lets make the naming clear and easy for people to understand.
Alphi and ahumanbeingx
1) The EMC2 Foundation is a foundation created by the owners of EMC2 for the EMC2 investor community
2) The EMC2 Foundation has a duly elected board birthed from the community. An election noticed to the community for participation.
3) The EMC2 Foundation reserves the right to name itself, if either of you want to head up a 'EMC2 renaming committee' you are invited to apply for chairmanship of that committee. If you do, here's my suggestion for the new name, "The NEW Foundation"
4) The foundation names have nothing to do with the devaluation of EMC2 over the past two months, however the efforts of The EMC2 Foundation (aka The NEW Foundation) has put a halt to the nose dive.
https://bitcointalk.org/index.php?topic=494708.msg7222101#msg7222101 Gone is the day of 68 sat EMC2, gone is the day of 80 sat high for the day, and gone is the day of .662 whole day volume.
Improving the value of EMC2 is what The EMC2 Foundation is primarily about, both of you are invited to play a critical role in the success of EMC2.
The NEW Foundation has assumed most of the heavy lifting tasks (preservation and increase of EMC2 value) of the old foundation, allowing the old foundation to focus its energies on the light lifting tasks of: automatic tax collecting, shopping for projects to fund, and spending money. Sadly the old foundation is behind in shopping for projects and spending money, but does have the time to critic names.
The EMC2 Foundation is days old with a record of success, we are identifying issues of major concern to the EMC2 community, we are prioritizing those concerns based on a core objective -- to strengthen EMC2's value, and we are doing the things necessary to achieve our objectives.
Again, I extend to both of you a personal invitation to play a pivotal role in the NEW successes that are forthcoming for EMC2.
1.) The EMC2 Foundation (not the Einsteinium Foundation) was not created by the owners of EMC2 but by these members of Bitcointalk.org - Oldminer, djnocide, iru786, mdtspain. This was done in a manner that really concerns me.
First nomination was by Oldminer for you to be president -
https://bitcointalk.org/index.php?topic=494708.msg7203779#msg7203779 Second nomination was by djnocide -
https://bitcointalk.org/index.php?topic=494708.msg7205604#msg7205604Third was endorsement and acceptance of nominations by oldminer -
https://bitcointalk.org/index.php?topic=494708.msg7206387#msg7206387Fourth you acceptance for the position of president -
https://bitcointalk.org/index.php?topic=494708.msg7206828#msg7206828Fifth was iru786 with his nominations -
https://bitcointalk.org/index.php?topic=494708.msg7208605#msg7208605Sixth was mdtspain accepting his nomination -
https://bitcointalk.org/index.php?topic=494708.msg7208793#msg7208793Seventh ottobene did not accept his nomination -
https://bitcointalk.org/index.php?topic=494708.msg7210445#msg7210445The nominations period lasted from June 07, 2014, 04:51:37 AM to June 09, 2014, 08:37:23 AM
First with your post -
https://bitcointalk.org/index.php?topic=494708.msg7181785#msg7181785Then with djonicide post -
https://bitcointalk.org/index.php?topic=494708.msg7217076#msg7217076Emc2 brought up concerns over the nomination period being only two days -
https://bitcointalk.org/index.php?topic=494708.msg7218829#msg7218829Djonocide responded that "An other election will be called after the first steps are made." -
https://bitcointalk.org/index.php?topic=494708.msg7221434#msg7221434You responded "Although it is not a high priority item (meaning not relevant to market value) the board will likely schedule the creation of bylaws for some later time period."
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https://bitcointalk.org/index.php?topic=494708.msg7222101#msg7222101This not an accurate representation of the owners of EMC2. There was no vote only nominations. I understand the need for immediate action but I do not believe this is the best way get community support for the EMC2 Foundation.
2.) The EMC2 Foundation had no vote. How was the board duly elected or properly elected?
3.) So you would like the EMC2 Foundation who is not a legitimate or duly elected foundation to create a committee to rename itself. This does not make sense to me can you please explain how a Foundation that has no legal standing or has no community support has to create a committee to name itself?
Perhaps I am misperceiving things but calling the EMC2 foundation "The NEW Foundation" seems hostile towards the legal NPO The Einsteinium Foundation. What is you goal and reasoning to name The EMC2 Foundation "The NEW Foundation"?
4.) What is the heavy lifting tasks that you are doing specifically? How are you increasing the EMC2 Value? What proof do you have that the EMC2 Foundation has a record of success?
Thank you for your time
Essokinesis