Like LTC compared to BTC?
Is it a joke?
No joke at all. I think Litecoin's idea is pretty good one since its market cap is 600 million now for a clone. We can make NEM as big as Litecoin. Show your support for NEM. |
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I don't control or allocate NXT fund. But what is in the past is in the past. I think what I explained above seems like what we are heading now, unless you can convince BCNext and Cfb otherwise we are going to work in that type of decentralized fashion.
You can make a plan to ask funding to pay for the past efforts as well. But it is better to prepare a forward looking plan.
Now let be clear, BCNext and CFb are making all the source codes. They are controlling the common fund. CfB seems like to stay here so I think we can coordinate here as well.
The point is: we need a committee of dedicated members who has shown their dedication and talents in helping NXT. We can't hold a public poll everytime we are going to decide whether a article should be written and the reward should be X nxt. That doesn't work from a practical POV. And of course people deserve to get paid for their past work that has got NXT as far as it is today, it's not like it should just be deleted due to the community SUDDENLY realizing that "OH PR, that thing that makes things valuable? Oh yea we should probably do that after all". The fact that CfB is in control and making random decisions based on random posts in this thread indicates that the funds need to become decentralized and then a "expert committe" should decide where the funds is going to go in terms of PR / marketing. Since we don't have multi-signature and voting, committee idea seems dead for now. All the projects are in the type of "open bounties" as I described here https://bitcointalk.org/index.php?topic=345619.msg4580590#msg4580590CFB will dispatch the fund when the community supports ( he also does what he wants at times ) |
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A new video, a new article, a new guerilla whatever is not enough.
Go to big news sites, go to big bitcoin shows, go to big names to talk about NXT.
Does no-one realize that we had enough of videos and articles?
We are already sending people to the biggest Bitcoin conferences and might even get a stand and speaker position at these events, but hey we got zero NXT to do it with, so we pay from our own wallet. Isn't that nice and fair? The guys who do all the work has to pay for it too  You and Niffy could ask for a fund reserved specially for people going to conferences and promote NXT. This could be separated from salsacz's efforts Devise a plan with funding details, all the conferences and cost. I will support this effort. |
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All of the big NXT holders are monitoring this thread. unclaimed coins are allocated based on NXT community, which is here. it is what it is.
There is now marketing budget. As long as each month there are nice successes, next month is funded. NXT community is smart. It won't expect that 100% of expenditures will lead to success. Just make sure each month there is enough good stuff so that NXT community says, hey cool, keep doing it for another month.
longest journey starts with first month
James
Well I personally don't give a single fuck about 99% of the big hoarders, they have not contributed one bit, their influence should be zero, zip nada, fuck nothing at all. Why the hell would we want to let those with the most NXT decide? That's centralization. They don't contribute in anyway to the community. There is a handful of people who do, the rest are just jacking off to the price increase. And now 250K was sent to salsacz... ok now what? How are we supposed to decide further how to spend those 250K? And how much do we pay ourselves for our own work? NOw who decides that? It's 100% centralized. Don't get me wrong, I love salsacz's work and have close contact with him for several weeks now, but now there is no group decisions anymore and no NXT to all the rest of us. THese things should've been decided and I am downright shocked by CfB's actions after having talked with him on skype just yesterday aobut this. I think you should have your own marketing plan. And you are better to prepare it now. 250K to salsacz is one-off event for his/ her performance so far. She already have some concrete plans and ready to carry it out. She will have to file a report on that 250K before getting more funding. You can either work with salsacz since she will need helps to spend all that 250K or devise your own plan. If the community approved your plan then you can also get 250K to carry our your plan. I think it is about as good as decentralization goes with BCNext and Cfb controlling the fund for now. I am going to issue my promotion plan soon and I am also going to ask for support. Everyone should do the same  You cannot have been following NXT marketing plans at all the last months. This started over at nextcoin.org, I was asked to be the lead organizer for these things and I said yes. We started and the first videos, infographics, articles, bitcoin conferences, logo etc. was made/decided. Then me and nifty had a questionaire with over 60 people filling it out asking to be a part of the PR and marketing team, listing their skills and hours available. We started this, then when I asked for contributions so we can actually pay the workers: CRICKETS; NADA. So we lost tens of people willing to work tens of hours per week because we had zero NXT to give them. We could've been the most known cryptocurrency by far already if it wsan't for this fuckedup philosophy that a single BTT thread is the God of NXT. I don't control or allocate NXT fund. But what is in the past is in the past. I think what I explained above seems like what we are heading now, unless you can convince BCNext and Cfb otherwise we are going to work in that type of decentralized fashion. You can make a plan to ask for funding to pay for the past efforts as well. But it is better to prepare a forward looking plan. Now let be clear, BCNext and CFb are making all the source codes. They are controlling the common fund. CfB seems like to stay here so I think we can coordinate here as well. |
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All of the big NXT holders are monitoring this thread. unclaimed coins are allocated based on NXT community, which is here. it is what it is.
There is now marketing budget. As long as each month there are nice successes, next month is funded. NXT community is smart. It won't expect that 100% of expenditures will lead to success. Just make sure each month there is enough good stuff so that NXT community says, hey cool, keep doing it for another month.
longest journey starts with first month
James
Well I personally don't give a single fuck about 99% of the big hoarders, they have not contributed one bit, their influence should be zero, zip nada, fuck nothing at all. Why the hell would we want to let those with the most NXT decide? That's centralization. They don't contribute in anyway to the community. There is a handful of people who do, the rest are just jacking off to the price increase. And now 250K was sent to salsacz... ok now what? How are we supposed to decide further how to spend those 250K? And how much do we pay ourselves for our own work? NOw who decides that? It's 100% centralized. Don't get me wrong, I love salsacz's work and have close contact with him for several weeks now, but now there is no group decisions anymore and no NXT to all the rest of us. THese things should've been decided and I am downright shocked by CfB's actions after having talked with him on skype just yesterday aobut this. I think you should have your own marketing plan. And you are better to prepare it now. 250K to salsacz is one-off event for his/ her performance so far. She already have some concrete plans and ready to carry it out. She will have to file a report on that 250K before getting more funding. You can either work with salsacz since she will need helps to spend all that 250K or devise your own plan. If the community approves your plan then you can also get 250K to carry our your plan. I think it is about as good as decentralization goes with BCNext and Cfb controlling the fund for now. I am going to issue my promotion plan soon and I am also going to ask for support. Everyone should do the same Also update in full feature client page. There is a private donor award. https://bitcointalk.org/index.php?topic=412138.0 |
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Is there a poll needed or can Cfb send it right away?
Pin
Let's send 250K and watch the result. I agree. salzacs reports back with the results of the 250K Pin Agree. Let salzacs take care of marketing funding and have a report back after sometimes. |
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Why can't we wait until we have an open source client like nexern, then start with marketing? We need to point people to an easy one click install, otherwise people will come and then leave confused. Also, we need to focus on several core features so we have something to market.
Marketing takes time. We need to start now to have things ready in a timely fashion. Do you think we can say let there be marketing and the next day we have it??? Look at the power of having a single mainstream exchange has. I have been saying we need a place to trade NXT reliably. I was right. I am saying we need to start a larger scale marketing plan now, eg. salascz's plan. James Everyone says NXT needs to be in a big exchange, not just you. Many people wrote to the exchanges already and then Bter wanted us and listed us. If that's what you have in mind then we have been doing it over and over again. |
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Marketing and sales is not only about blowing hot air.
It's about communication. About telling people what the uniqueness of a product is, because it's a fact that most people are too lazy to go look for themselves.
Marketing is about lowering the threshold to enter into something and is as such linked to development.
The cry for a good client is as much marketing as getting the message that you have it out.
People dislike marketing and sales a lot of the time because BAD marketeers can use the same rules that govern good marketing for scams.
Edison is credited as the inventor of the light bulb not only because he was an effective marketeer, but also because the real inventors were bad ones. They let it slip away.
I would like it if that did not happen to us because we did not see the real value of marketing.
I agree with it. But I want to see specific action plans. I don't want to say marketing in general. We have done a lot so far to educate people about NXT. JoeFox's wiki is very valuable website http://www.thenxtwiki.org/ . For every new people I introduced to NXT, I introduced them to NXT Wiki first and then I take my time to explain other specific questions. So I would definitely agree to have a funding to support and maintain NXT wiki and then translate it into more languages. salsacz's action plan is a good start. We could build on that but we need more specifics on many items. Particularly Who would be doing What ? |
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eMunie announced their IPO plan. two week open beta starting Feb 1, two week open beta2 Feb 15, two week IPO March 1, IPO closed March 15th
Everyone can purchase up to $10000 worth at ten cents each (or BTC or LTC equivalent)
More can be purchased by beta testers or if you email their investor address
eMunie feature set could have more than NXT feature set for approx 1 month period. eMunie takes a totally different approach by actively managing the price per EMU so that it will be within +/-5% of ten cents for an entire year. It won't matter what sort of demand and supply imbalance the crazy crypto market will have because there is a magic algorithm that solves what no fiat government has ever been able to do. Trust in Dan is the eMunie mantra
I believe emunie has a lot of good features and ideas and tech, but the entire premise could well be impossible to actually get working properly. Maybe they used supercomputers and modeled large scale simulations and all will be well.
How is an emunie investor going to make money? Here is the part that is unique, if more money comes in and the price stays the same, money is made by hatching. EMU is automatically created and distributed 50% to EMU holders and 50% to hatchers. So, an investors holdings gets diluted the more money comes in, but they participate in half of the increased money supply. I could not find info on hatching and how one controls it, but it seems like this is where the EMU creators will cash in bigtime. Using other people's money to start with and bringing in more other people's money and splitting it 50/50.
Create a super complicated system and there will be plenty of ways the creator of such a complicated system can make money. Disclose everything at the last minute (my guess around March 13th for whitepaper) and then nobody can complain that they didn't realize half of all new money coming in goes into EMU founder's pockets. Never mind that the presale is going on for weeks and weeks without full disclosure, those people didn't have to invest.
Have to applaud emunie in their marketing. It does seem to be quite effective and I would be extremely surprised if emunie was NOT in the top 10 on coinmarketcap as soon as IPO is done.
The big competitors for NXT will be emunie and DOGE. Do not laugh at DOGE, it is trading ten times as much as NXT in dollar volumes. Almost as much at LTC and a significant fraction of BTC trading. For those that think that marketing has no value and NXT does not need it, just take a look at DOGE's stats. Half the marketcap of NXT, ten times the trading volume. DOGE even has a bit of utility as it is used for tipping on the internet. Minimal functionality, maximum marketing.
Just imagine if NXT got maximum marketing. Please fund salascz's marketing plan. NXT is not alone in the second gen market, there is emunie, etherium on the content side and DOGE on the meme side.
Please fund salascz's marketing plan.
James
Implications : 1. No exchange will ever list Emunie because of the fixed price. So you will always need to come to Emunie to buy it. 2. Emuine's promise of stable exchange is entirely not viable. Dan has an assumption of Emuine's price never falls built in his model. Well I can't believe someone giving Emunie money for that kind of model. 3. People are crazy for IPO because people are dreaming of getting on the floor and getting rich someday. Ultimately, a product can succeed only if it can give normal people some functionality they need. All other things are noises. 4. I care much more about building a sustainable NXT's community than spending money on wasteful marketing which it not going to work if NXT is not a useful product. emunie will make Dan a lot of money. He did a brilliant job with the entire process. I am not suggesting we stop all tech work, I am not an idiot. I am talking about DEFENDING NXT position in the crypto world. Think of marketing as a cost of doing business. We need servers, we pay for servers. We need marketing, we pay for marketing. I do not understand your denial about the value of marketing. Marketing creates value in people's mind. Isn't that important? Marketing communicates the value of all the hard work the developers and community have created. If marketing doesn't matter, please explain DOGE James Doge is all about marketing but you have to understand what kind of marketing Doge is. It is a grass-root movement originated form miner's community. People join Doge reddit because they like it and they even spend their own money to promote Doge. Now you tell me to use marketing to buy people's loyalty. Sorry it is not going to work. You have to create a grass-root movement. I like marketing and we should do a lot of marketing but you have to be clever about it. |
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4. I care much more about building a sustainable NXT's community than spending money on wasteful marketing which it not going to work if NXT is not a useful product.
Sorry, but that is just short sighted. I can qualify it in no other way. Marketing is not something you start once you have the product in place. You have to create a wave. If you start when you have the tech, you are already behind. We do not propose an either/or situation. Both PR/marketing and development is needed. Your post implicates that all marketing is wasteful. I assure you it is not. We have done marketing. A lot of it actually. All comes from grass-root movements with private donor funds. You can't bring corporate mentality into in this type of decentralized network movement. Now tell me some specific action plans that need money and I will guarantee you that we have done some of it already. One thing I would like to see is a quality promotional video - with a real director and a real star - somethings similar to Apple'a promotional video that can be aired during half-tiem Super Bow. That's the type of marketing I would like to see not the repetitions of many thing we have done. |
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eMunie announced their IPO plan. two week open beta starting Feb 1, two week open beta2 Feb 15, two week IPO March 1, IPO closed March 15th
Everyone can purchase up to $10000 worth at ten cents each (or BTC or LTC equivalent)
More can be purchased by beta testers or if you email their investor address
eMunie feature set could have more than NXT feature set for approx 1 month period. eMunie takes a totally different approach by actively managing the price per EMU so that it will be within +/-5% of ten cents for an entire year. It won't matter what sort of demand and supply imbalance the crazy crypto market will have because there is a magic algorithm that solves what no fiat government has ever been able to do. Trust in Dan is the eMunie mantra
I believe emunie has a lot of good features and ideas and tech, but the entire premise could well be impossible to actually get working properly. Maybe they used supercomputers and modeled large scale simulations and all will be well.
How is an emunie investor going to make money? Here is the part that is unique, if more money comes in and the price stays the same, money is made by hatching. EMU is automatically created and distributed 50% to EMU holders and 50% to hatchers. So, an investors holdings gets diluted the more money comes in, but they participate in half of the increased money supply. I could not find info on hatching and how one controls it, but it seems like this is where the EMU creators will cash in bigtime. Using other people's money to start with and bringing in more other people's money and splitting it 50/50.
Create a super complicated system and there will be plenty of ways the creator of such a complicated system can make money. Disclose everything at the last minute (my guess around March 13th for whitepaper) and then nobody can complain that they didn't realize half of all new money coming in goes into EMU founder's pockets. Never mind that the presale is going on for weeks and weeks without full disclosure, those people didn't have to invest.
Have to applaud emunie in their marketing. It does seem to be quite effective and I would be extremely surprised if emunie was NOT in the top 10 on coinmarketcap as soon as IPO is done.
The big competitors for NXT will be emunie and DOGE. Do not laugh at DOGE, it is trading ten times as much as NXT in dollar volumes. Almost as much at LTC and a significant fraction of BTC trading. For those that think that marketing has no value and NXT does not need it, just take a look at DOGE's stats. Half the marketcap of NXT, ten times the trading volume. DOGE even has a bit of utility as it is used for tipping on the internet. Minimal functionality, maximum marketing.
Just imagine if NXT got maximum marketing. Please fund salascz's marketing plan. NXT is not alone in the second gen market, there is emunie, etherium on the content side and DOGE on the meme side.
Please fund salascz's marketing plan.
James
Implications : 1. No exchange will ever list Emunie because of the fixed price. So you will always need to come to Emunie to buy it. 2. Emuine's promise of stable exchange is entirely not viable. Dan has an assumption of Emuine's price never falls built in his model. Well I can't believe someone giving Emunie money for that kind of model. 3. People are crazy for IPO because people are dreaming of getting on the floor and getting rich someday. Ultimately, a product can succeed only if it can give normal people some functionality they need. All other things are noises. 4. I care much more about building a sustainable NXT's community than spending money on wasteful marketing which it not going to work if NXT is not a useful product. |
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We are gathering a strong support here. Let's hear your voice and we will make NEM big.
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I sent salsacz 100K for him and you UtopianFuture to supply your attempts pushing the PR.
And here I am to give you ~48K more to use for awarding the best opensource client for windows (on which I ll need a short report)
please provide the Nxt account to send you the 48K fund!
Hey you can send it to my donor acc 3041433146235555849. Since this is a private donor's fund, it is going to the best opensource client regardless the previous rounds of funding. I would set the date to award this amount on March 1. bybitcoin, is it from your personal fund or from multiple donors ? I am going to give an update in the first page. Sent 48380 Nxt to 3041433146235555849 from 2537603335500006326, please confirm. This was the last piece of coins which I was holding in our multiple donors' pool for bounty projects. I offered this ~48K for code auditing or cryptography review but no one came ahead to ask for them. I finally decided to put them here for the clients progress as the most important piece of development! But please remember: this 48380 is to award a OPENSOURCE windows or multi-platform client (which includes windows too). I already awarded wesleyh 100K for his Mac client, so this 48K I prefer to be awarded to a client that supports windows too. I need a report on whom you awarded, his/her client details and the amount.. Award updated in the first page. |
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Should reward him in NEX.
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Can OP post a compiled wallet on the official site?
We will wait until we have the NXT source codes first. But you have to show your interest in NEM to be in line. |
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I love how just below this thread on the first page is a copy/paste of NEX called NEM.
Wrong. NEX is the copy and paste of NXT while NEM has 4 billion coins which is a very innovative additional feature. https://bitcointalk.org/index.php?topic=422129.0 |
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This is a shameless copy/paste from https://bitcointalk.org/index.php?topic=422052.0You have been warned. Even if the coins are free, ask how many will be kept by the developers, and then consider how much your NEM would be worth if they were ever exchangeable for BTC. None coins are kept for developers. They will be shared equally to all who show their interests in this thread. NEM is silver compared to NXT which is gold. If you missed the Bitcoin train, the Litecoin train and the NXT train, this is your chance. And this would be the fairest coin ever because they are free and distributed equally to all. We have 4 billion coins
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