I can find a group of experienced developers to get us a proposal on the same exact authenticator functionality/app if not more. I don't have much time to do that nowadays but would do it if enough Nemers support the idea of having competitor proposals.
I think some of you missed, that this project is not about authenticator, that's an easy part and if you have ready deployment could be done quite quickly. As far as I understand this project is about building a framework that will simplify development of other applications on top of nem. I encourage on reading and commenting in the thread https://forum.nem.io/t/nem-framework-community-proposal/5174, they've also uploaded a plan https://forum.nem.io/t/nem-framework-community-proposal/5174/30It seems the devs are for this proposal which is positive. I think the more people working on NEM, the better for all. I have a few questions though as i wont be around friday for the AMA. What if the price of NEM drops 90% in the next few weeks. Where does the project stand then ? I hate the voting system (importance wins and dev have control of a lot of it) and the short time frame allowed to investigate these proposals. What happened to cryptoapex (50million funded) and why is Nembit86 pushing for this proposal as he is involved in cryptoapex (jabo38Mar '16 Beta has started via invite from CA members. If you are interested, please contact Niko or Nembit86) You are right. It's all a waist of the funds. Where did the 50 million go to? Do you know how much that is right now?  ?? I'm really scared that the funds get shared amongst a few people (including the developers) behind our backs without them delivering a real useful product. Is this their way of getting their hands on the funds for personal gains? The cryptoapex is not working and it has an inactive twitter page with 25 followers. And 10 Likes on FB with the last message more than a year ago saying limited testing? ?? Nembit86 why would you start a new project if you haven't finished the other one yet. By the way use the funds of last time. From the Telegram chat I came to know that Nembit86 is a hoarder of Xem and that was before this project appeared. Sorry if this might not be true but it's up to you to prove me wrong. I really have my doubts about your accusation that the devs are stealing the money! This is not NEM-style at all as in the whole crypto-shit-world out there, NEM and devs are the constants in delivering high-end results others just can dream of! ;-) Hence, they would just harm its own baby and I highly doubt it. However, I guess everyone would like to know what happened with Cryptoapex. Is there someone who can contribute some reasonable information rather than accusations? |
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For the benefit of all oldies and newbies, the atraura project is being proposed by an established nember. It is not some new company. They developed landstead.
The project is aimed at making onboarding easier as we work on our blue ocean approach with mainstreamers. It is an abstraction of the nem core solution. The current core developers will not have time or resources to do it.
It is basically a framework for easy development of applications. The framework will be open source and parked under the nem banner for anyone to use. There is no commercial interest in the project other than the cost to hire heads to do it.
Now, instead of ico, they are requesting aid from the community fund. It is not part of the foundation fund, which belongs to the original core fund that will be donated to the foundation.
I would urge you to think properly rather than shooting into space with your comments without actually knowing the intents of the project. Whether it is worth 3m or 300k, it needs to be justified of course. But there is obvious need to make things easier for application programming and onboarding developers to write apps easily.
Currently it takes a mainstream guy about 1 month to know NEM application programming. We want to cut that down substantially. The framework is meant for that.
Unless you have worked on nem and know blockchain, as a mainstream programmer, it is hard to understand multisig, let alone programming it.
Framework is supposed to make it easier.
I believe they will have an AMA. Please avail yourselves with questions.
Valuable information that you gave us. Thumbs up! |
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Does Nem Foundation get a share of the company? If so, even if Nem price goes up we'd still be okay and if they are profitable there would be constant inflow of funds for the dev team.
It is quite remarkable that a newbie made his first post and it appears that he has got already knowledge about NEM foundation, isn't' it? ;-) I changed my mind a bit as it seems suspicious that there are more and more coming to this thread to promote that huge funding! The community should take care if this project is worth to fund or not!!! |
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Why are there so many "newbies" on here trying to convince us to fund this project with 15 Million Xem?
Offtopic: Apparently you are a newb too that don't know how to edit a post... Topic: Who can guarantee that they don't get away with the funds, 15M XEMs ain't low? That's the reason why I suggested a waterproof contract beforehand (for instant NEM Foundation and XXX). This also should include a detailed compliance check when it comes to such a huge amount of XEM. |
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If you look at Dash and their model of the masternodes voting on what to fund each month you can learn how to increase use and utility. Dash has a YouTube channel describing everything about development and progress etc. Their aggressive advertising has helped them brand their coin. They have paid outside companies to incorporate dash in their websites. Enabling fiat to dash.
Nem is a great platform but it could use some good advertising and videos explaining the utility. This should be done quickly because new platforms are evolving quickly. Dan Larimer has a new project called EOS that seems very similar to Nem.
We have been telling the Nem team to do some good marketing for years, but they just won't listen. Pls NEM team, put this money into marketing instead of supporting this project! A good marketing is much more important! Marketing and the investment in the listing of XEM on the bigger exchanges as this attract people (without paying for marketing), too! |
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Why are there so many "newbies" on here trying to convince us to fund this project with 15 Million Xem?
True, that's remarkable. But it won't change the outcome of a funding at all as most of the voting people are Nembers since the beginning ;-) |
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Since the NEM devs never disappointed us, I highly doubt that NEM's value will decrease in the near future but rather we could face the fact that a funding worth of 5 million XEM could be soon equal to 5 million USD!
They have absolutely nothing to do with setting the price. I know! The thing is we should find a reasonable cap for funding in order to make sure that there is enough remaining for each and every party that wants to create something for the NEM platform. |
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One thing to consider is that we are all assuming that NEM is going to INCREASE in value, however, that is not a given. This organization is taking some risk that the NEM they gain from this work will not plummet and they will have received much less money than expected. Nothing is a given in this market. Just a thought.
Since the NEM devs never disappointed us, I highly doubt that NEM's value will decrease in the near future but rather we could face the fact that a funding worth of 5 million XEM could be soon equal to 5 million USD! |
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Another thought:
I'd like to suggest a capping for every project. Other projects that have been successfully funded by NEM community had a total of around 5 million XEM each (if I'm not mistaken).
Hence, what's about a limit per project of 5 million XEM.
(and under certain circumstances, the inventors can apply for more XEM, if they have reasonable arguments. However, this should just be a exception and not the rule).
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With all respect to Albert and Atraura Organization, I am totally and completely against funding any third party organization using NEM funds. NEM funds should only get spent to expand the NEM dev team internally "NOT EXTERNALLY". Any third party organization can create their own crowd funding away from NEM dev funds.
Totally agree with this! Only internal use! That's ridiculous. There aren't very many of them and they're busy people and not exactly the most reactive or accessible bunch. There's a mountain of money waiting to be used to improve NEM. If an outsider can do it then it should be allocated. Ideas come from everywhere. I have no clue or opinion about this project, but for instance the upcoming Trezor integration comes from an outside programmer. He did a deal and is being paid by developer funds as far as I know. It's a vast benefit to everyone that wouldn't otherwise have happened. And this project isn't asking for all the funds upfront anyway. I would argue that this is a critical time in the history of NEM. Many cryptos are racing to become the chosen Blockchain/coin, innovation at this juncture will help drive adoption. If no one adopts NEM it doesn't matter if we have 1 trillion in the DEV fund if no one is using it. I say go for it.
There were few good points ... Basically, I would not reject new devs, because they are coming "outside" of NEM. But the another issues are a) the possible benefits to NEM b) the costs To evaluate the possible benefits, there are needed good examples of the use cases, etc. 5 days is quite short time to study and understand them well enough. To evaluate the costs there are 2 ways: how much coding work (men months) the project requires or/and how much NEM community values the possible benefits. Totally agreed on all your points Agreed!! All the major points should be set in stone by a waterproof contract as we're not talking about a giveaway of 50USD. |
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With all respect to Albert and Atraura Organization, I am totally and completely against funding any third party organization using NEM funds. NEM funds should only get spent to expand the NEM dev team internally "NOT EXTERNALLY". Any third party organization can create their own crowd funding away from NEM dev funds.
Totally agree with this! Only internal use! It depends!!!! Before we dismiss this opportunity, what kind of contract would be created between NEM and this third party? In case they'd receive NEM funding, we should ask if they solely rely on NEM or on other platforms, too. If they only and entirely (!) rely on NEM, then I see no difference, why they should get treated differently in comparison to any other start-up that uses NEM. (Regardless the funding they're asking for at this stage as this should be questioned later on) Just my two NEMs! |
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guys, stay tuned. whales are ready to dump.
FUD! |
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I am a stakeholder. How can I request my NEM?
Did you claim your stake in the past? In this case you should have a NEM address and a private key stored somewhere. I hope you did it. Otherwise, I'm sorry to tell you that you missed the train and roughly 594.000 $. :-( |
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any news from the consensus?
why the liquidity sucked out from xem/btc!!!??
Lol, the consensus is in NY as far as I know. Look at your clock! The day doesn't even started it's almost 6 a.m. in the morning. Be patient until wednesday and prepare for a BOOM! For the most cryptos out there, one can say that they are more or less event-driven. But usually, NEM doesn't work like this. Every time, when there were some announcements in the past, it didn't at all (or just slightly) affect the market. The raises for NEM are ninja-style like their releases. So, the best what one can do is just buy as much as possible and wait. Chances are quite high that XEM will make up leeway to Ripple and Ethereum. In the long run, the sophisticated platform that NEM is offering will replace the non-decentralised Ripple. From this point onwards, the sky will be open for an epic competition between Ethereum and NEM as the most popular blockchain platforms by replacing Bitcoin. Just my two XEM! |
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Can someone please remove those unqualified posts of Mach11?
@all: please dont feed the fuckin' trolls!
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I repeat once again.
I NEM investor.
I paid the money to the developers.
The developers were developing thanks to the money of investors.
I have completed all reactivate your account. The developers have taken all of my activation.
At some point I was removed from the list.
I do not understand what you have the right to remove me ?!
You understand my question? I have a right to know.
@team I warn you. Take my words seriously. I see that you do not understand the seriousness of the situation.
You got nothing and you lost everything! You're way too late. It is your fault and not the mistake of the developers. Deal with your own faults!!! |
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OK guys............are you ready ?........this is a translation from Japanese.......news just in  :  Oh that sure was a nice article. Mijin at 15 second blocks and 2.5 million accounts!!!! Over 2 million transactions per day. NEM tech is getting awesome. Wow! That is impressive! |
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This is awesome!!!!
Congrats to all of us and especially to the NEM-devs!
I already see a big and bright future for NEM and we'll reach a top 5 place on coinmarketcap soon!
Interesting things going on with crypto last weeks :O That's right. And NEM has something most of other cryptos have not: REAL USE ! From now on, we definitely can say that NEM is built for real use! |
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This is awesome!!!!
Congrats to all of us and especially to the NEM-devs!
I already see a big and bright future for NEM and we'll reach a top 5 place on coinmarketcap soon!
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