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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761540 times)
NxtChg
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February 03, 2014, 12:08:58 PM
 #28281

It would be difficult to do for people who exposed their real names and addresses, so I don't think it's an issue here.

-10

I am not saying it's a requirement, duh...

I am saying, some people already did, one way or another (by going to events, etc).

Simcoin: https://simtalk.org:444/ | The Simplest Bitcoin Wallet: https://tsbw.io/ | Coinmix: https://coinmix.to | Tippr stats: https://tsbw.io/tippr/
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About smaragda and his lies: https://medium.com/@nxtchg/about-smaragda-and-his-lies-c376e4694de9
jl777
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February 03, 2014, 12:11:50 PM
 #28282

It would be difficult to do for people who exposed their real names and addresses, so I don't think it's an issue here.

-10

I am not saying it's a requirement, duh...

I am saying, some people already did, one way or another (by going to events, etc).
So who are your proposed treasurers? People that the community will trust, but at the same time don't want to be on any of the committee and also willing to give up their identity and address.

Can you name even 1?

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
NxtChg
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February 03, 2014, 12:14:26 PM
 #28283

So who are your proposed treasurers? People that the community will trust, but at the same time don't want to be on any of the committee and also willing to give up their identity and address.

Can you name even 1?


Ok, Ok, fine. I retract my objection.

Let's pick 3 stakeholders as lesser of N other evils.

Simcoin: https://simtalk.org:444/ | The Simplest Bitcoin Wallet: https://tsbw.io/ | Coinmix: https://coinmix.to | Tippr stats: https://tsbw.io/tippr/
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About smaragda and his lies: https://medium.com/@nxtchg/about-smaragda-and-his-lies-c376e4694de9
google98
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February 03, 2014, 12:30:31 PM
 #28284

Which events will trigger a nxt increase in value?

TF has been activated at block 30k, how is it going to be further developed (or: what is still missing?)?

landomata
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February 03, 2014, 12:38:00 PM
 #28285


Awesome... let me tell you... I am really curious to see how you guys are going to implement Nxt Mobile Applications Co. in the Asset Exchange.

I have had difficulty understanding how shares could be implemented in what you offer... but it is getting a little bit clearer now that you said Nxt Mobile Applications Co. might be the owner of a few Service Providers.

We will generate shares (Asset) on Asset Exchange by paying 1000 Nxt for example 1 million shares.....then those shares will get sent to our company account same like funds....then we will issue a sellOrder on Asset Exchange @ at specific price ...maybe 10 Nxt for example.....now anyone can go on the Asset Exchange and buy those shares paying 10 Nxt per share....the money from the share sale will go to the company account where it will be used to grow the company.

Once an investor buy those shares then the shares will magically show up in their account...now they are shareholders of the company...and can work for the company if they want or can trade the shares if they want.

  


BitcoinForumator
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February 03, 2014, 12:42:40 PM
 #28286

Which events will trigger a nxt increase in value?

RL usage at shops, being able to pay for RL services - economy. So far there is a negligible amount of this.

NXT only has so far to go by people investing for speculation (thinking future will be bright).

For me there are 2 worlds - one is this closed online community and the other is when you shut down your computer and see what kind of relevance NXT has there - at this point it's next to none.

Yes people are developing software to make this possible but if the transition to RL doesn't happen all the effort is futile.

I'm missing shops and services that take NXT as a payment option.
rickyjames
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February 03, 2014, 12:43:06 PM
 #28287

@James

You mentioned that a part of your NxtCommunityfund will be paid on marketing....you should initiate this immediately....we run two separate marketing campaigns.

Let both marketing campaigns compete to product more results for Nxt.


IMHO there needs to be one consolidated NXT marketing plan AND it needs to be written out on a Google spreadsheet AND it needs to have cost per thousand impressions (CPM) estimates for each line AND this spreadsheet needs to be out there and commented on in the main thread before any treasurer issues another NXT for marketing expenses.  IMHO.  

However, if James directs this, then I will disburse as authorized.  Like he has for this 75K NXT for crazy-expensive $75 CPM audio spots over in another thread: https://bitcointalk.org/index.php?topic=412243.new#new

Can I please see some +1s ?
Hacer88
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February 03, 2014, 12:49:53 PM
 #28288

Are there any giveaways planned in the marketing plan?

NXT - NEM - NAS - NFD
martismartis
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February 03, 2014, 12:51:40 PM
 #28289

BUMP!!!!

Android TV stick is working!!! Helped Oracle java. Uffffffff, it was 3 days tough work Smiley

Block check: 57147
jl777
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February 03, 2014, 12:54:23 PM
 #28290

@James

You mentioned that a part of your NxtCommunityfund will be paid on marketing....you should initiate this immediately....we run two separate marketing campaigns.

Let both marketing campaigns compete to product more results for Nxt.


IMHO there needs to be one consolidated NXT marketing plan and it needs to be written out on a Google spreadsheet and it needs to have cost per thousand impressions (CPM) estimates for each line and this spreadsheet needs to be out there and commented on before any treasurer issues another NXT for marketing expenses.  IMHO.  However, if James directs this, then I will disburse as authorized.

Can I please see some +1s ?
The respective committees decides on expenditures. The treasurers for the three committees performs escrow function. So, if you are on the marketing committee you will be able to influence marketing expenditures

I think we are getting very close to some clarity in the budgeting process. Now, we need to focus on the Process as proposed by Pouncer.

**********
Pouncer's Proposal

This is my simplified suggestion.

Select 3 founders to be treasurers for the unclaimed funds.
One to hold marketing, tech & infra respectively.
Treasurers will not sit in any committee

Make this selection simple & fast by putting up 3 names and waiting for no objection (1-2 days) period. Any objections should be followed by a good reason. I suggest jl777 propose the 3 names.

Once this is settled, we can do the nomination/election process for the 3 committees.

What this will solve:
1. Unlikely for founders to "run away" with the trusted funds.
2. They will be in for the long haul
3. They voluntarily give up their right to decide on the usage of funds. Founders will not be seen as monopolising the decision making process, thereby pleasing the opponents of 1NXT = 1Vote to a certain extend.
4. Gives more opportunities to other stakeholders to participate in building up Nxt.

**********

The slate of treasurers is: klee, bybitcoin, neer.g with pouncer as alternate. One treasurer for each of the three committees.

Lets table any discussions about specific funding decisions that were made in the past or proposed, we MUST come to consensus on Process. Without this consent, there are no funds to debate about.

I suggest that the selection process for the three different committees starts right away, those are the decision makers. Merit based for each committee. Details on size, etc. to work out but that is up to each committee.

One step at a time. Current step is to get consensus on the Process

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
landomata
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February 03, 2014, 12:55:44 PM
 #28291

Guys pls nominate members for committee vote:

https://bitcointalk.org/index.php?topic=445209.new#new



Hacer88
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February 03, 2014, 12:55:56 PM
 #28292

BUMP!!!!

Android TV stick is working!!! Helped Oracle java. Uffffffff, it was 3 days tough work Smiley

Block check: 57147

Nice! How did you fixed it?

NXT - NEM - NAS - NFD
pinarello
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February 03, 2014, 12:59:49 PM
 #28293

@James

You mentioned that a part of your NxtCommunityfund will be paid on marketing....you should initiate this immediately....we run two separate marketing campaigns.

Let both marketing campaigns compete to product more results for Nxt.


IMHO there needs to be one consolidated NXT marketing plan AND it needs to be written out on a Google spreadsheet AND it needs to have cost per thousand impressions (CPM) estimates for each line AND this spreadsheet needs to be out there and commented on in the main thread before any treasurer issues another NXT for marketing expenses.  IMHO.  

However, if James directs this, then I will disburse as authorized.  Like he has for this 75K NXT for crazy-expensive $75 CPM audio spots over in another thread: https://bitcointalk.org/index.php?topic=412243.new#new

Can I please see some +1s ?

+1

landomata
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February 03, 2014, 01:00:00 PM
 #28294

BUMP!!!!

Android TV stick is working!!! Helped Oracle java. Uffffffff, it was 3 days tough work Smiley

Block check: 57147
YES!.....Nxt on TV!!!  Grin


World first...

rickyjames
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February 03, 2014, 01:00:37 PM
 #28295

Will there be one account for 3 guys or 3 guys with respectively 1/3 funds in their accounts?

If distribution (ratio) of the unclaimed funds has already been decided, then I think it's easier to let each handle one fund (Easier for accountability and record keeping).
If distribution of unclaimed funds has not been decided, and it's going to be another long debate over it, I suggest divide it equally and they will reallocate once the ration has been decided.
Marketing has been decided at 3 million
Tech/Infrastructure the remaining 6 million. Once we know the cost for the 1000TPS hubs, then we will know the right allocation between tech and infrastructure.

Just want to be a broken record here and say that IMHO a significant proportion of this 9M should be set aside as a rainy day fund that doesn't get spent for say one year.  Otherwise I predict it will be all gone in a year.  There is certainly no shortage of people here wanting to spend it, less than 90 days after genesis block creation.
landomata
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February 03, 2014, 01:00:57 PM
 #28296

@James

You mentioned that a part of your NxtCommunityfund will be paid on marketing....you should initiate this immediately....we run two separate marketing campaigns.

Let both marketing campaigns compete to product more results for Nxt.


IMHO there needs to be one consolidated NXT marketing plan AND it needs to be written out on a Google spreadsheet AND it needs to have cost per thousand impressions (CPM) estimates for each line AND this spreadsheet needs to be out there and commented on in the main thread before any treasurer issues another NXT for marketing expenses.  IMHO.  

However, if James directs this, then I will disburse as authorized.  Like he has for this 75K NXT for crazy-expensive $75 CPM audio spots over in another thread: https://bitcointalk.org/index.php?topic=412243.new#new

Can I please see some +1s ?

+1

its up to the marketing committee it's there responsibility now.

gimre
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February 03, 2014, 01:02:08 PM
 #28297

Hi NXTers

I'm still trying to runs NRS on android TV stick. I'm at 99% of work done. Ubuntu is running, Java installed. OK:

1. Started start.jar without any .nxt. Everything went smooth until block 22001, then java aborted.
2. Copied .nxt files from my other PC to the stick, started java.jar and after "Scanning blockchain..." BUMP, error is something like this:

A fatal error has been detected by the Java Runtime environment:

Internal error (os_linux_zero.cpp:285). pid=10388, tid=1090630768
fatal error: caught unhandled signal 11

JRE version: 7.0_25-b30
Java VM: OpenJDK Zero VM (23.7-b01 mixed mode linux-arm)
Core dump written. Default location :/home/ubuntu/Desktop/nxt/core or core.18388

Any thoughts from dev how to get rid of this problem?

drop openjdk and install oracle embedded JRE

(sorry replied, before I've seen your last post)

NemusExMāchinā
Catapult docs: https://docs.symbol.dev
github: https://github.com/symbol
rickyjames
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February 03, 2014, 01:03:32 PM
 #28298

@James

You mentioned that a part of your NxtCommunityfund will be paid on marketing....you should initiate this immediately....we run two separate marketing campaigns.

Let both marketing campaigns compete to product more results for Nxt.


IMHO there needs to be one consolidated NXT marketing plan AND it needs to be written out on a Google spreadsheet AND it needs to have cost per thousand impressions (CPM) estimates for each line AND this spreadsheet needs to be out there and commented on in the main thread before any treasurer issues another NXT for marketing expenses.  IMHO.  

However, if James directs this, then I will disburse as authorized.  Like he has for this 75K NXT for crazy-expensive $75 CPM audio spots over in another thread: https://bitcointalk.org/index.php?topic=412243.new#new

Can I please see some +1s ?

+1

its up to the marketing committee it's there responsibility now


First, it's "their", not "there".  Very important to get that right in the marketing materials.

Second, ladies and gentlemen, you can see right here and right now how the revolution to take the common heritage of the NXT community from the hands of the many into the hands of the few is complete.
landomata
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February 03, 2014, 01:05:46 PM
 #28299



First, it's "their", not "there".  Very important to get that right in the marketing materials.

Second, ladies and gentlemen, you can see right here and right now how the revolution to take the common heritage of the NXT community from the hands of the many into the hands of the few is complete.

 Grin that's why i'm not a copy writer....I just think up the strategy and they execute what I say.


martismartis
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February 03, 2014, 01:06:27 PM
 #28300

BUMP!!!!

Android TV stick is working!!! Helped Oracle java. Uffffffff, it was 3 days tough work Smiley

Block check: 57147

Nice! How did you fixed it?

Installed Oracle java instead of openjdk.
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