Decisions on 9 million common fund

[utopianfuture]

NXT has an account of 9 milllion NXT currently controlled by BCNext. They are the unclaimed NXT and belong to the community. This poll is to gauge community's opinion of what we should do to this fund at the moment.

Post you opinions below. There is already an opinion thread in nxtcrypto forum which you should consult.

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[utopianfuture]

Some opinions so far :

Freeze the fund: https://bitcointalk.org/index.php?topic=345619.msg4545836#msg4545836

Committee https://bitcointalk.org/index.php?topic=345619.msg4545976#msg4545976

Committee https://bitcointalk.org/index.php?topic=345619.msg4466919#msg4466919

 

[Coinonaer]

Founding Comittee or something like The Foundation: https://bitcointalk.org/index.php?topic=345619.msg4466919#msg4466919
There are always opportunities to do something with this what will help to bring Nxt to the next level!  

[S3MKi]

I think we should make reward prorgamm for 1)site 2)social media and then send to The Foundation

[utopianfuture]

Now when I think about all the fighting that common fund will ensure, the sending all to genesis account option looks good to me 

[Uniqueorn]

Spend it all on those who actually work actively to make NXT something other than a obscure oddity.

There are a ton of people working for next to nothing to make NXT the next big thing and yet noone is willing to pay. I've only found one stakeholder who was willing to hand out NXT for projects.
BCNext should've anticipated the need for PR a long, long time ago. NXT could've already have been the biggest altcoin next to Bitcoin if this had happened, so now that the price is plummeting daily I think it's time more people realize the need for PR and ecosystem surrounding the tech.

[apenzl]

There will be pr and marketing.

No need for a pump right now, let it mature. Clients first - then happy users - more people - price rises.

There will be fighting. Flaming. Especially when the founding committee spends all Nxt on bus commercials... 

[toknormal]

Spend it all on those who actually work actively to make NXT something other than a obscure oddity

+ 9999999999

Absolutely. Technology projects go nowhere without a full time dedicated team. At least spend some of it right now on consolidating the development effort.

[oliviern]

I don't understand why this amount is not used to speed up nxt projects, which make nxt better known and more used.
For example, I plan to add features in my mobile app to make people buy and sell physical goods, by convincing local shops to use nxt. It would be really valuable to offer those shops a starting wallet ! it would speed up the nxt propagation in real life. I do think nxt has to become more than one more speculative money, but this has a starting cost I can not afford alone.

A committee is a good idea, to follow the efficiency of all those projects, and if one is made, I would be pleased to be allowed to join it.

Don't burn such an opportunity to show that nxt is really valuable ! But I may have misunderstood why such an amount has to be frozen or sent back to genesis...

Olivier

[NxtChg]

Committee will be a disaster.

There should be some sort of a giveaway or more bounties distribution and then those who get large stakes will decide for themselves how to spend it best.

Isn't it the whole idea of POS? If they want to plaster buses with ad's, it's their money now.

The only person the community now trusts to spread money more or less fairly is BCNext. So he should do it.

On a side note, Ripple's idea to use global computing project as a giveaway is a very good one.
Not for this, but still something to consider.

[utopianfuture]

Committee will be a disaster.

There should be some sort of a giveaway or more bounties distribution and then those who get large stakes will decide for themselves how to spend it best.

Isn't it the whole idea of POS? If they want to plaster buses with ad's, it's their money now.

The only person the community now trusts to spread money more or less fairly is BCNext. So he should do it.

On a side note, Ripple's idea to use global computing project as a giveaway is a very good one.
Not for this, but still something to consider.

You can vote to frezee or send the fund back to genesis account, but let not involve BXNext in this type of decision. I am sure BCNext won't do it and that is not how decentralization works

[NxtChg]

You can vote to frezee or send the fund back to genesis account, but let not involve BXNext in this type of decision. I am sure BCNext won't do it and that is not how decentralization works

Hey, making skewed polls is also not the way to go.

So please add my "BCNext should spread it in large chunks to various stakeholders" option to the poll.

[utopianfuture]

You can vote to frezee or send the fund back to genesis account, but let not involve BXNext in this type of decision. I am sure BCNext won't do it and that is not how decentralization works

Hey, making skewed polls is also not the way to go.

So please add my "BCNext should spread it in large chunks to various stakeholders" option to the poll.

BCNext won't do it so I will not add that option. If you can persuade him to do so then I will add the option " BCNext decides everything". If he make all the decisions then he will do what he want not things you want him to do.

[NxtChg]

BCNext won't do it so I will not add that option.

Did he specifically tell you this or is it just your opinion?

My idea is precisely to delegate decisions by spreading large chunks.

With committee there will be too much fighting and too much grief as a result, to say nothing of its efficiency.

Who will decide who will be on the committee? I, for example, don't think that spending 7 out of 9 mil on marketing is a good idea.

And other people will have other opinions.

Not to mention that practically every notable person in Nxt community has a pet project of their own, so will inevitably be biased.

[utopianfuture]

BCNext won't do it so I will not add that option.

Did he specifically tell you this or is it just your opinion?

My idea is precisely to delegate decisions by spreading large chunks.

With committee there will be too much fighting and too much grief as a result, to say nothing of its efficiency.

Who will decide who will be on the committee? I, for example, don't think that spending 7 out of 9 mil on marketing is a good idea.

And other people will have other ideas. Not to mention that practically every notable person in Nxt community has a pet project of theirs, so will inevitable be biased.

CFB told everyone.

[oliviern]

and what if the nxt community IS the committee ?...

nxt api could be used/hacked to make a poll system, with messaging included. Any user could create a poll for a project with reward. If there is enough votes (% of the community ?), the project is launched. Moreover, it could be possible to add api calls to register apps, returning a unique app/project token-id, which allows to count numbers of registered users and votes for each app/projects afterwards, and gives the winner of the award.

Don't know exactly how this could be done now, but couldn't this be added to the API2 ?

[utopianfuture]

and what if the nxt community IS the committee ?...

nxt api could be used/hacked to make a poll system, with messaging included. Any user could create a poll for a project with reward. If there is enough votes (% of the community ?), the project is launched. Moreover, it could be possible to add api calls to register apps, returning a unique app/project token-id, which allows to count numbers of registered users and votes for each app/projects afterwards, and gives the winner of the award.

Don't know exactly how this could be done now, but couldn't this be added to the API2 ?

The voting system could be designed to do such thing. And that's the idea behind the choice of freezing the fund until we have the infrastructure to do so in place

But if the community insists on spending now, there is no other way except forming a committee.

[newsilike]

Give some to everyone who has contributed to the community?

Basically everyone who is kind of active in the NXT main Thread and those who contribute otherwise.

Just my 2 NXTs 

[NxtChg]

...there is no other way except forming a committee.

Let's not make such definitive claims please.

[utopianfuture]

...there is no other way except forming a committee.

Let's not make such definitive claims please.

So what is your suggestion if the community wants to spend right now ? I want to know so i can add it to the poll.

[NxtChg]

So what is your suggestion if the community wants to spend right now ? I want to know so i can add it to the poll.

Well, I've already suggested. And it doesn't matter whether BCNext wants to do it or not.

If he decided that this fund is now the property of the community, then he has to obey what community will decide.

And if it decides to make him choose the winners for the next round of bounties, then he must do it because of his own prior decision to delegate this decision to the community.

You following the logic here?

[utopianfuture]

So what is your suggestion if the community wants to spend right now ? I want to know so i can add it to the poll.

Well, I've already suggested. And it doesn't matter whether BCNext wants to do it or not.

If he decided that this fund is now the property of the community, then he has to obey what community will decide.

And if it decides to make him choose the winners for the next round of bounties, then he must do it because of his own prior decision to delegate this decision to the community.

You following the logic here?

don't think so. I won't do and don't have to do anything if i don't want to. The same with BCNext. You can persuade him though. Try it.

[NxtChg]

I won't do and don't have to do anything if i don't want to.

But you want the community to decide, right?

Anyway, this is a pointless argument. People will keep making the same mistakes over and over again. So, I guess, committee it is.

I'll go buy more popcorn for the ensuing battle for half a million bucks...

[msin]

I would say that we allocated at least 6Mil for Dev.  If you build it, they will come.  I really don't see a reason to allocate more than 1-2Mil for Marketing/PR.

[utopianfuture]

I won't do and don't have to do anything if i don't want to.

But you want the community to decide, right?

Anyway, this is a pointless argument. People will keep making the same mistakes over and over again. So, I guess, committee it is.

I'll go buy more popcorn for the ensuing battle for half a million bucks...

I want to freeze the acc. It is just my opinion though.

[bybitcoin]

yeah, thanks klee..

..he probably got his cold from ByBitcoin

May I know about whom are you talking? Since your post has not the quote link and this thread is almost unreadable, already hard to follow any discussion.

Still if you are referring to maco, I didn't give him any cold. I guided him for collecting more help, and he sent me a pm thanking about my guidance (not a sign of it being the irony).
We have about 148383 Nxt remained in our pool, naturally I can not be positive to any single bounty requests being directed to me, that's why I locked our bounty thread. Still I like maco's project and may add to his basket if others help too.
BCNext has control over 13M unclaimed free Nxt coins, still his method of awarding has been a single hunger game. I know dozens of other big holders who have contributed zero help to Nxt project overall (no objection, just the fact). At least BCNext can bring in more constructive bounty settlements for those 13M to help the project going on (he said once that he has invested 1BTC himself, so he has a ~50M stake himself, and no need to let him have those 13M as well, I am sure he doesn't want them personally too).

About Cunicula, yes not a single news or message from him so far, though I recalled for his updates several times.. we paid him 600K (300K from me, 150K from klee and 150K from CfB)... I wouldn't judge him yet, as the others said, he might be dealing with some real life issues. We can say more in one or two months..

this is not correct BCNext has stated we have to deal with them he would put them on an account.

The community is searching a solution on how to administer the unclaimed coins.

The idea is to do it with multisig, 3 multisigs and 2 backups will be chosen from the community. We have to vote for what purpose we will use them. 3 multisigs will sign to set the NXT free.
_________________________
NXT community,

If you are a candidate to administer an multisig for the unclaimed coins.

please fill your BTT name in this doc. we will vote 3 people to administer an multisig and 2 backups.

always three sigs are needed

https://docs.google.com/spreadsheet/ccc?key=0AsrKGhOkVcFpdGl5dFBBSGtoeWNNYW83dlhFeGFXYkE&usp=sharing


Pin

___________________________________--

please come discus important matters such as what with unclaimed coins

and how to implement voting system

https://forums.nxtcrypto.org/viewtopic.php?f=2&t=530

https://forums.nxtcrypto.org/viewtopic.php?f=54&t=529#p2203

There should be a topic like this on nextcoin.org also.

Pin

(in the case if we want to make a pool of that 9M to supply future bounties and reward programs as suggested
by Pinarello in his quote to my previous posts):
I know some of you may hate me for saying this but we need some big leader or holders in the voting list.
It will be much healthier if at least one or two big holders (like klee, Pouncer, or Come-from-Beyond) be
among the selected 9M pool holders to assure future safety of the pool when and if the price skyrocket.
I decided first to include my name among candidates but then changed my mind and deleted my name because
of personal reasons (it takes too much time and responsibility to hold a bounty-reward pool).

All in all without at least one big holder-leader, multisig feature won't feel that trusted in the eye of the community.
What I say is not related to any person included in the candidates list, don't take it as an insult or accusation, having
at least one rich nxter among the multisig pool holders assure things safer in general.

[NxtChg]

I would say that we allocated at least 6Mil for Dev.  If you build it, they will come.  I really don't see a reason to allocate more than 1-2Mil for Marketing/PR.

+1

[oliviern]

and what if the nxt community IS the committee ?...

nxt api could be used/hacked to make a poll system, with messaging included. Any user could create a poll for a project with reward. If there is enough votes (% of the community ?), the project is launched. Moreover, it could be possible to add api calls to register apps, returning a unique app/project token-id, which allows to count numbers of registered users and votes for each app/projects afterwards, and gives the winner of the award.

Don't know exactly how this could be done now, but couldn't this be added to the API2 ?

The voting system could be designed to do such thing. And that's the idea behind the choice of freezing the fund until we have the infrastructure to do so in place

But if the community insists on spending now, there is no other way except forming a committee.

Fine. I understand better the debate. Happy to know this kind of behavior is planned.
Then, this poll % could be used to set the destination of those 9M nxt... ( i.e for now : 22% frozen, 8% back to genesis,57% to fund projects,...)

This way, everybody is happy, and there will be no fight anymore on our small planet

[erik__]

Put it in the bounty program.  Use a portion to reward development teams if the 90 day simple moving average price breaks above certain targets ($.10, $.25, $.50, $1.00, $1.50, $2.00, $5.00, $10.00).  Incentivize the teams.

[Uniqueorn]

I would say that we allocated at least 6Mil for Dev.  If you build it, they will come.  I really don't see a reason to allocate more than 1-2Mil for Marketing/PR.

Totally ignoring the fact that it is the PR and marketing that grows the community which ends up building the ecosystem

[Mistafreeze]

I would like to request that it all be sent to me, to be spent on hookers and blow.

I have to keep moral up, you know?

 

[salsacz]

What could a PR commitee do with the funds, just a quick idea, feel free to comment:
60 articles, 50 infographics, conferences fees, tournaments, videos, translations....

We can always give less to the giveaways and more to the articles.. However it is important to have the right infographics before any giveaway

I think anything between 2-3M should be fine

Someone suggested a creation of the PR Commitee and many people voted for me to lead it, here is my proposal, about people, who might be there. These people would have to agree on using money from the table in the picture.

Salsacz (campaigns, viral marketing, media, people, universities... "organizing" all what is in Media topic) - Bitcointalk, all other forums
NiftyNikel (people) - nextcoin
Uniqueorn (people) - nextcoin
Utopianfuture (articles, people, science world) - Bitcointalk
opticalcarrier (scienceworld?)

? Joefox (texts) - wiki, Bitcointalk
? Anon136 (science world)
? Klee (belongs to the dev commitee)
? Damelon

[msin]

I would say that we allocated at least 6Mil for Dev.  If you build it, they will come.  I really don't see a reason to allocate more than 1-2Mil for Marketing/PR.

Totally ignoring the fact that it is the PR and marketing that grows the community which ends up building the ecosystem

It's a factor, but good development features and clients are the ecosystem.

[tk808]

At this point, Nxt needs a lot more PR and hype. Start spending the funds on the community and awareness of NXT. Even just 1 Million NXT could go a long way.

Set up a time table for when each million is disbursed and to who/what. The dude who posted the chart has the right idea.

[salsacz]

At this point, Nxt needs a lot more PR and hype. Start spending the funds on the community and awareness of NXT. Even just 1 Million NXT could go a long way.

Set up a time table for when each million is disbursed and to who/what. The dude who posted the chart has the right idea.

thank you, here are "my" plans, if community agrees, those will be "our" plans:
https://bitcointalk.org/index.php?topic=412243.msg4555415#msg4555415

[VST]

Convert to fiat over a period of time and donate to a charity of the community's choice.

[pinarello]

...there is no other way except forming a committee.

Let's not make such definitive claims please.

So what is your suggestion if the community wants to spend right now ? I want to know so i can add it to the poll.

"Form a funding committee and start to spend them now" that is what you have used in the poll, I would have used 3 multisigs, coz if that statement wins, we can go vote again for forming that committee.

Pin

[bithic]

I want to freeze the acc. It is just my opinion though.

Why do you want to freeze the account? Do you foresee a greater need for funding in future?

[msin]

Why don't we designate 6Mil for immediate development of clients, features, mobile apps, etc up to the April time frame. We can offer larger bounties like 250k-500k and get some seriously good programmers on board with a vested interest in Nxt (they will continue to help in the interest of their stake).  Then we can spend the 3Mil on website, marketing, tradeshows, etc..

[salsacz]

Why don't we designate 6Mil for immediate development of clients, features, mobile apps, etc up to the April time frame. We can offer larger bounties like 250k-500k and get some seriously good programmers on board with a vested interest in Nxt (they will continue to help in the interest of their stake).  Then we can spend the 3Mil on website, marketing, tradeshows, etc..

the numbers say it too - 52 for spend now and 22 for some freeze.

I would say: developers could take 6 mil now, marketing can take 1 mil now to pay something to translators, article authors, graphics, conferences and in April marketing can take remaining 2 mils and begin with promotional giveaways, gaming tournaments, etc

[msin]

Why don't we designate 6Mil for immediate development of clients, features, mobile apps, etc up to the April time frame. We can offer larger bounties like 250k-500k and get some seriously good programmers on board with a vested interest in Nxt (they will continue to help in the interest of their stake).  Then we can spend the 3Mil on website, marketing, tradeshows, etc..

the numbers say it too - 52 for spend now and 22 for some freeze.

I would say: developers could take 6 mil now, marketing can take 1 mil now to pay something to translators, article authors, graphics, conferences and in April marketing can take remaining 2 mils and begin with promotional giveaways, gaming tournaments, etc

Sounds good, how are we on handling the accounts?  I'm guessing we can do a multisig account for bounty Nxt.  I think it would be smart to hold half of the 6Mil development Nxt for long term prospects (after April), of course it's not my call.  Would it make sense that we have some kind of voting function in place prior to making any transfer? 

[mczarnek]

I'd vote freeze it just until the price is say 10 cents per NXT?

Then use it to market NXT and get the word out but I think it's important that we wait until there is a prettier more definitely bug free client before we promote this too much.  Maybe also implement an API that allows NXT to plug-in via a standard Bitcoin interface, in this way, not only do we market it but people can go to a bunch of different exchanges to find it.  Either that or wait until the decentralized exchange is built.. which is going to be huge!!

[pastet89]

Spend on:
1. New type of software
2. Hardware (logging medallions for example)
3. Marketing

[bybitcoin]

Why too much of a rush for spending the whole 9M in a short period of 3 to 6 months??
Of course we should supply good development projects and also effective promotional
efforts with this source, but remember, 9M is almost 1% of the whole Nxt economy.
If you are to spend it (among the other voting options), there should be a more foundation
based constructive plan of using the fund for a much longer period of development and of course
there is no need to rush for spending.
The guiding point would be that 9M should be spent only for very necessary things, speaking of
time period is irrelevant here.

[NxtChg]

developers could take 6 mil now, marketing can take 1 mil now to pay something to translators, article authors, graphics, conferences and in April marketing can take remaining 2 mils and begin with promotional giveaways, gaming tournaments, etc

This sounds like the most reasonable plan.

Not sure we will be able to make it public-ready by April, but that's details, it can be postponed later.

[bybitcoin]

There should be at least one or two well known rich nxters among the 9M pool holders, I vote for klee, Pouncer, 2Kool4Skewl or CfB.
There seems to be a hot desire to spend the whole 9M very fast and on specific things, I could understand why

We surely need to do effective PR, we certainly need to support and pay the core developers, but we do not need to satisfy hot desires
of becoming a Nxt millionaire with a rushing plan.

If you are to spend the 9M, there should be a foundation committee to coordinate the funds&plans. And a foundation should be selected
by a wise discussion-based selection, and voting should go through somebody at the heart of the process or close to BCNext like CfB.
9M fund is ~1% of the whole Nxt economy and one day we will regret that we spent it hastily

[salsacz]

There should be at least one or two well known rich nxters among the 9M pool holder, I vote for klee, Pouncer, 2Kool4Skewl or CfB among
 others. There seems to be a hot desire to spend the whole 9M very fast and on specific things, I could understand why

We surely need to do effective PR, we certainly need to support and pay the core developers , but we do not need to satisfy hot desires
of becoming a Nxt millionaire with a rushing plan.

If you are to spend the 9M, there should be a foundation committee to coordinate the funds&plans. And a foundation should be selected
by a wise discussion-based selection, and voting should go through somebody at the heart of the process or close to BCNext like CfB.
9M fund is ~1% of the whole Nxt economy and one day we will regret that we spent it hastily.

yes,
people were speaking only about PR Committee for now, they suggested people:

Salsacz (campaigns, viral marketing, media, people, universities... "organizing" all what is in Media topic) - Bitcointalk, all other forums
NiftyNikel (people) - nextcoin
Uniqueorn (people) - nextcoin
Utopianfuture (articles, people, science world) - Bitcointalk
opticalcarrier (scienceworld?)

Joefox (texts) - wiki, Bitcointalk
Anon136 (science world)
Klee
Damelon

The link to the core could be Klee + Jean-Luc

there would be some voting before giving rewards for:

- and also some minirules, like rewarded can be only a true Nxter with 50 posts in Nxt forums...

[lonesoul]

If its going to cause fighting and arguements I dont mind holding on to the coins for you until things are decided :-) (would love to finally get a block! and im sure with 9mil i'll get much better results than with my 12k >.<)

[cremstopper]

I say destroy them. Otherwise they dilute everyone elses holding.

[Anon136]

Even though i would probably stand to benefit from these funds being allocated for marketing, i do not think it is wise and i do not support such an initiative. I would personally prefer that they be used to pay for third party developers (stuff like clients), an audit from a cryptographer with strong credentials and a well recognized name, and perhaps as a reward for the first large exchange to add nxt (cryptcy || vircurex || btce) . However if this post fails to effect the outcome of how these funds are distributed and some are, against my wishes, allocated for marketing, than i would be willing to sit on the marketing committee.

[msin]

Yes, I agree that we should be in no rush to spend anything at the moment.  I think this fund should be used to develop some really key and high level features on the development side.  We could offer higher bounties, like 500k to develop key client features. 

[Damelon]

I think, looking at the community, anything that is called "official" will backfire.

However, having said that, anyone who has proven they are capable of pulling things off, will get trust.
So I would opt for someone trusted in charge of funds, who can disburse as needed within an open group, which can be added and subtracted to.
I would not opt for a closed group. That will only lead to accusations of elitism.

I am for a measured approach to marketing.

I've seen lots of plans and that is great. Only a few of those demand quick action.

I think any marketing aimed at mainstream would backfire, because we need much more development on that score.
So I would prioritise marketing aimed at the cryptocommunity and getting a larger userbase there.
This will probably mostly mean getting published on good cryptosites and getting some scientific backing, especially from known names.

Those are covered under (in my order of priority) :
Articles
Review
Press
Scientific paper
PhD

Second comes secondary reachout to the online community and creating a welcoming image.
Tournaments
Video
Wiki
Grammar
Infographics

Some of these are already being done and are aimed at lowering the barrier of joining and getting less (but not totally) tech savvy people involved.

Last priority (to me) would be actual RL activities, unless they directly affect online presence.

During the first two campaigns, development should be top priority so we have mainstream usuability. Only then can we start doing PR (but we can prepare this behind the scenes of course!) for more mainstream users.

So for now, getting known via trusted third parties seems the best option to me. We should churn out progress reports, articles, get reviews from trusted reviewers and keep reaching out, while the devs keep working on perfecting the applications. All this is low cost. Let's save the money for later for the most part. We'll need it.

My 2 Nxt.

[Anon136]

Yes, I agree that we should be in no rush to spend anything at the moment.  I think this fund should be used to develop some really key and high level features on the development side.  We could offer higher bounties, like 500k to develop key client features.  

+1

A bounty for a strong implementation of decentralized exchange would be a great way to spend some of these funds.

[joefox]

IMHO the primary focus should be on client development and on the completion of advanced features; then the whitepaper (the lack of a detailed technical paper is embarrassing and "the source code is the whitepaper" is a glib response); then marketing and PR materials. 

I also (as I have said time and time again) think we need to translate existing materials into as many languages as possible.  Hell -- I could even argue that the whitepaper is a translation exercise, from "Java" into "Engish" (and every other written language).

Moreover: the proliferation of text into different languages in all kinds of places is NOT helpful.  We should favor interfaces that allow for "in-place" translation of existing text -- so that when changes are made, translations can be updated at the source instead of tracking down copies of outdated copies of outdated copies.  The wiki does this now; other sites like nxtcrypto.org and the forums can do this by implementing add-ons and extensions.

ALL OF THIS is moot, however, until we have robust, usable clients for everyday users.

[msin]

IMHO the primary focus should be on client development and on the completion of advanced features; then the whitepaper (the lack of a detailed technical paper is embarrassing and "the source code is the whitepaper" is a glib response); then marketing and PR materials. 

I also (as I have said time and time again) think we need to translate existing materials into as many languages as possible.  Hell -- I could even argue that the whitepaper is a translation exercise, from "Java" into "Engish" (and every other written language).

Moreover: the proliferation of text into different languages in all kinds of places is NOT helpful.  We should favor interfaces that allow for "in-place" translation of existing text -- so that when changes are made, translations can be updated at the source instead of tracking down copies of outdated copies of outdated copies.  The wiki does this now; other sites like nxtcrypto.org and the forums can do this by implementing add-ons and extensions.

ALL OF THIS is moot, however, until we have robust, usable clients for everyday users.

+1 White paper should be a priority at the moment.  In two weeks, we should have a couple good open source clients available.  If we can develop decentralized exchange, market, voting, there will be no stopping Nxt.

[redsn0w]

Hi ,   This guy  is a genius +1

[Kattywampus]

yes,
people were speaking only about PR Committee for now, they suggested people:

Salsacz (campaigns, viral marketing, media, people, universities... "organizing" all what is in Media topic) - Bitcointalk, all other forums
NiftyNikel (people) - nextcoin
Uniqueorn (people) - nextcoin
Utopianfuture (articles, people, science world) - Bitcointalk
opticalcarrier (scienceworld?)

Joefox (texts) - wiki, Bitcointalk
Anon136 (science world)
Klee
Damelon

The link to the core could be Klee + Jean-Luc

there would be some voting before giving rewards for:
https://i.imgur.com/k3Iwnue.jpg
- and also some minirules, like rewarded can be only a true Nxter with 50 posts in Nxt forums...

Using a portion of the funds as listed above in the breakdown would be a great push for Nxt.

That along with a good dev fund would allow for advanced features/clients to be implemented and have incentives in place to get good marketing done.

If we want Nxt to be taken seriously, a good marketing campaign is a MUST as well as a group to promote and denounce FUD. Otherwise we are going to be lumped into the alt/scam/ponzi category with the rest and our greatness will never be seen.

[rickyjames]

I would like to see the 9M unclaimed NXT joining the 2M NXT that I am already safeguarding in the NXTcommunityfund account.  I am already a trustworthy steward of a large amount of NXT, and I would be a trustworthy steward of an even larger amount of NXT.  

I am a top 50 NXT stakeholder.  I bought in big with my own cash in mid-December because I believe in NXT.  I want this currency to succeed.  And I want to see these 9M NXT  funds used to make that happen.  I know I don't have all the answers on how to wisely spend 9M NXT.  I do know I'll dig for facts and listen to anybody with a good idea and try my best to be fair in making good decisions as part of a team.  I think those factors qualify me to be a part, and only a part, of deciding the future of NXT.

Plus, I am in no hurry to spend it.  NXT is in for the long haul.  There will be future emergencies and choices.  We need a war chest to deal with bad times and flexibility to seize future opportunities.  Once this 9M NXT is gone...it's gone.  Think long term.

9M unclaimed NXT to NXTcommunityfund.  That's my proposal.

Where else specifically would you put it?  Because it's got to go somewhere specific between now and April 3...or it disappears forever.

 

[bybitcoin]

I would like to see the 9M unclaimed NXT joining the 2M NXT that I am already safeguarding in the NXTcommunityfund account.  I am already a trustworthy steward of a large amount of NXT, and I would be a trustworthy steward of an even larger amount of NXT.  

I am a top 50 NXT stakeholder.  I bought in big with my own cash in mid-December because I believe in NXT.  I want this currency to succeed.  And I want to see these 9M NXT  funds used to make that happen.  I know I don't have all the answers on how to wisely spend 9M NXT.  I do know I'll dig for facts and listen to anybody with a good idea and try my best to be fair in making good decisions as part of a team.  I think those factors qualify me to be a part, and only a part, of deciding the future of NXT.

Plus, I am in no hurry to spend it.  NXT is in for the long haul.  There will be future emergencies and choices.  We need a war chest to deal with bad times and flexibility to seize future opportunities.  Once this 9M NXT is gone...it's gone.  Think long term.

9M unclaimed NXT to NXTcommunityfund.  That's my proposal.

Where else specifically would you put it?  Because it's got to go somewhere specific between now and April 3...or it disappears forever.

 

As I said before, 9M should go and be kept in a multisig account the control of which is in the hand of several active-trusted people that among them there should be at least one or two big stake holders. I propose 4 to 6 people to hold on that wealth, and no way to put it in the hand of one single person, no matter how trusted or active he has been.

But yes as I said before too, the 9M should be kept to be spent prudently in a much longer period of development than 3 or 6 months.

[klee]

I would like to see the 9M unclaimed NXT joining the 2M NXT that I am already safeguarding in the NXTcommunityfund account.  I am already a trustworthy steward of a large amount of NXT, and I would be a trustworthy steward of an even larger amount of NXT.  

I am a top 50 NXT stakeholder.  I bought in big with my own cash in mid-December because I believe in NXT.  I want this currency to succeed.  And I want to see these 9M NXT  funds used to make that happen.  I know I don't have all the answers on how to wisely spend 9M NXT.  I do know I'll dig for facts and listen to anybody with a good idea and try my best to be fair in making good decisions as part of a team.  I think those factors qualify me to be a part, and only a part, of deciding the future of NXT.

Plus, I am in no hurry to spend it.  NXT is in for the long haul.  There will be future emergencies and choices.  We need a war chest to deal with bad times and flexibility to seize future opportunities.  Once this 9M NXT is gone...it's gone.  Think long term.

9M unclaimed NXT to NXTcommunityfund.  That's my proposal.

Where else specifically would you put it?  Because it's got to go somewhere specific between now and April 3...or it disappears forever.

 

As I said before, 9M should go and be kept in a multisig account the control of which is in the hand of several active-trusted people among which there should be at least one or two big stake holders. I propose 4 to 6 people to hold on that waelth, and no way to put it in the hand of one single person, no matter how trusted or active he has been.

But yes as I said before too, the 9M should be kept to be spent prudently in a much longer period of development than 3 or 6 months.

+1000 to bybitcoins comment.

+1001