[NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread

[cryptomite]

PLEASE let me and the rest of us that are on the waiting list AND willing to PROVE our identity in PLEASE!! That would only be adding 250,000,000 for a total of 4.25 billion NEM.

You will know we are not sockpuppets and a lot of us promised to be active.

This wouldn't be the end of the world for value, and you would make all of us very happy!!

It will help NEM because we WOULD ACTUALLY PARTICIPATE more than some of the others because most of us are people who have skills that would help NEM if you read what was said on the list.

Only those who will PROVE our identity.

UP please consider this, there will definitely be less than 250 that will be willing to prove who they are.

If it wasn't for the auction idea I would have made it in.

But I have to admit the auction idea IS a great idea!!
I just dont have enough BTC

Also I have been VERY active promoting NEM on the forum

[neil54321]

i think there is already 120 stacks will be allocated to ppl on waiting list.
and the other 120 will for bidding.

[Spyrofix]

PLEASE let me and the rest of us that are on the waiting list AND willing to PROVE our identity in PLEASE!! That would only be adding 250,000,000 for a total of 4.25 billion NEM.

You will know we are not sockpuppets and a lot of us promised to be active.

This wouldn't be the end of the world for value, and you would make all of us very happy!!

It will help NEM because we WOULD ACTUALLY PARTICIPATE more than some of the others because most of us are people who have skills that would help NEM if you read what was said on the list.

Only those who will PROVE our identity.

UP please consider this, there will definitely be less than 250 that will be willing to prove who they are.

If it wasn't for the auction idea I would have made it in.

But I have to admit the auction idea IS a great idea!!
I just dont have enough BTC

Also I have been VERY active promoting NEM on the forum

I fully support what you wrote.
Better to have some more active participants then nonactive Clients from a certain broker or someone who "bought a stake" for his 20 nonactive student friends  

[neil54321]

i love the auction idea.  what's the minimum amount to participate, i am a little bit shy of BTC.   lol.


can i buy 0.1M? if i can't afford 1 share.

[TaunSew]

I hope every NEM stakeholders this read type of IPO evaluation (skycoin) https://bitcointalk.org/index.php?topic=380441.msg6289563#msg6289563 and understand better NEM fundraising model which as I emphasized before is not an IPO but a "call for participation". Stakeholders sent in a nominal fee/ effort to be apart of NEM network and being distributed 1 million NEM at launch and in exchange there is a certain expectation of stakeholder contribution to NEM.

NEM core team, our development plan and technological road-map is in no worse than Skycoin or even Ethererum and but only 3% up to auction later on should be considered a fair market price for a NEM stake. We will see how the market will price them.        

Skycoin just revealed that they are a combination of decentralization  and centralization, more like Ripple.

It's the money.  Ripple does volume around $150K a day and Ripple is probably making $30K/day or $1 million a month.

Even the guy running that blatant marinecoin scam is probably making $30K a month off it.

Premining 97%+ is easy money compared to a fair distribution like NEM.

[neil54321]

Maybe we should IPO those 120 shares.and split it between investors. it is an easier model in this industry.

[Nonlin]

To be honest,it is really not a very good distribution.
1/2740=0.00036 and  ~but we (the core development team) will keep the promise of taking the maximum of 10% of NEM for personal compensation to deliver the community a complete NEM V1 blockchain. ~

10%? really?
Are you kidding me?I'm really disappointed and I will not buy any nem coins in the future.

[gimre]

What people need to realize that even if they are rich in cryptos it doesn't mean they are rich in fiat. At least not at this point. Until you can pay your rent, food  and everything you need everyday with cryptos you'll always have to go through exchanges to get to fiat. What do you think would happen if all of a sudden 3000 people try to cashout 500k USD ? Exactly...noone get's squat.

NEM isn't supposed to make anyone rich quickly. It's supposed to be a better BTC that will actually be capable of replacing fiat (because btc isn't) hopefully at some point in the future. That's what seperates us from shitcoins. We have a goal beyond releasing a coin and hiting some exchanges.

(bolds are mine)

I couldn't have possibly put that myself better. Really nicely said.

That is exactly why I'm in NEM, and why I believe in NEM.

[cryptomite]

To be honest,it is really not a very good distribution.
1/2740=0.00036 and  ~but we (the core development team) will keep the promise of taking the maximum of 10% of NEM for personal compensation to deliver the community a complete NEM V1 blockchain. ~

10%? really?
Are you kidding me?I'm really disappointed and I will not buy any nem coins in the future.

I believe it's totally fair. I would want the devs to be good. I would want them to get a small amount of NEM so they were compensated and have an interest  in the success of the coin. This is totally fair if they pull off what they have planned. There is every reason to believe they are going to deliver. And you are running away.

lol

I

[gsxrl3oi]

Where is the final stakeholders list guys. I'm lost lol. 3-4 pages added everyday. anyone have a link.

[ojman28]

To be honest,it is really not a very good distribution.
1/2740=0.00036 and  ~but we (the core development team) will keep the promise of taking the maximum of 10% of NEM for personal compensation to deliver the community a complete NEM V1 blockchain. ~

10%? really?
Are you kidding me?I'm really disappointed and I will not buy any nem coins in the future.

10% for developers is a fair share. They worked hard and organised such a massive project and distribution. They deserve to be rewarded.

Yes, they wanted to get rich so organised this project. But they also create some money/btc for us for just trolling

[gsxrl3oi]

Where is the final stakeholders list guys. I'm lost lol. 3-4 pages added everyday. anyone have a link.

first page of thread in updates.. click link go to next page of comments and its like 2nd 3rd down i think

Thank you guy.

[heajin5921]

To be honest,it is really not a very good distribution.
1/2740=0.00036 and  ~but we (the core development team) will keep the promise of taking the maximum of 10% of NEM for personal compensation to deliver the community a complete NEM V1 blockchain. ~

10%? really?
Are you kidding me?I'm really disappointed and I will not buy any nem coins in the future.

10% for developers is a fair share. They worked hard and organised such a massive project and distribution. They deserve to be rewarded.

Yes, they wanted to get rich so organised this project. But they also create some money/btc for us for just trolling

10% =400 shake/5 or 6 =60-80 shake/person
fair?
We have only 1 shake but His cake is 60-80 times as big as mine.
Does that seem fair to you?

[ElitistCA]

To be honest,it is really not a very good distribution.
1/2740=0.00036 and  ~but we (the core development team) will keep the promise of taking the maximum of 10% of NEM for personal compensation to deliver the community a complete NEM V1 blockchain. ~

10%? really?
Are you kidding me?I'm really disappointed and I will not buy any nem coins in the future.

10% for developers is a fair share. They worked hard and organised such a massive project and distribution. They deserve to be rewarded.

Yes, they wanted to get rich so organised this project. But they also create some money/btc for us for just trolling

10% =400 shake/5 or 6 =60-80 shake/person
fair?
We have only 1 shake but His cake is 60-80 times as big as mine.
Does that seem fair to you?

Hmmm...So devs have 80 times bigger stake than me, but how much bigger is their input in project compared to mein?

[ojman28]

To be honest,it is really not a very good distribution.
1/2740=0.00036 and  ~but we (the core development team) will keep the promise of taking the maximum of 10% of NEM for personal compensation to deliver the community a complete NEM V1 blockchain. ~

10%? really?
Are you kidding me?I'm really disappointed and I will not buy any nem coins in the future.

10% for developers is a fair share. They worked hard and organised such a massive project and distribution. They deserve to be rewarded.

Yes, they wanted to get rich so organised this project. But they also create some money/btc for us for just trolling

10% =400 shake/5 or 6 =60-80 shake/person
fair?
We have only 1 shake but His cake is 60-80 times as big as mine.
Does that seem fair to you?

yeah, that seems a little bit high. never mind.

[lily3241]

To be honest,it is really not a very good distribution.
1/2740=0.00036 and  ~but we (the core development team) will keep the promise of taking the maximum of 10% of NEM for personal compensation to deliver the community a complete NEM V1 blockchain. ~

10%? really?
Are you kidding me?I'm really disappointed and I will not buy any nem coins in the future.

10% for developers is a fair share. They worked hard and organised such a massive project and distribution. They deserve to be rewarded.

Yes, they wanted to get rich so organised this project. But they also create some money/btc for us for just trolling

10% =400 shake/5 or 6 =60-80 shake/person
fair?
We have only 1 shake but His cake is 60-80 times as big as mine.
Does that seem fair to you?

yeah, that seems a little bit high. never mind.

OMG,is it means the dev have 10% of the 4 billion total shares?
I thought the dev means that 10% of the 1 billion.

[juliett1986]

To be honest,it is really not a very good distribution.
1/2740=0.00036 and  ~but we (the core development team) will keep the promise of taking the maximum of 10% of NEM for personal compensation to deliver the community a complete NEM V1 blockchain. ~

10%? really?
Are you kidding me?I'm really disappointed and I will not buy any nem coins in the future.

10% for developers is a fair share. They worked hard and organised such a massive project and distribution. They deserve to be rewarded.

Yes, they wanted to get rich so organised this project. But they also create some money/btc for us for just trolling

10% =400 shake/5 or 6 =60-80 shake/person
fair?
We have only 1 shake but His cake is 60-80 times as big as mine.
Does that seem fair to you?

yeah, that seems a little bit high. never mind.

OMG,is it means the dev have 10% of the 4 billion total shares?
I thought the dev means that 10% of the 1 billion.

I will give up my one shake if the dev hold 10% of 4 billion.
The 10% Premine made everything no sense.

[ojman28]

To be honest,it is really not a very good distribution.
1/2740=0.00036 and  ~but we (the core development team) will keep the promise of taking the maximum of 10% of NEM for personal compensation to deliver the community a complete NEM V1 blockchain. ~

10%? really?
Are you kidding me?I'm really disappointed and I will not buy any nem coins in the future.

10% for developers is a fair share. They worked hard and organised such a massive project and distribution. They deserve to be rewarded.

Yes, they wanted to get rich so organised this project. But they also create some money/btc for us for just trolling

10% =400 shake/5 or 6 =60-80 shake/person
fair?
We have only 1 shake but His cake is 60-80 times as big as mine.
Does that seem fair to you?

yeah, that seems a little bit high. never mind.

OMG,is it means the dev have 10% of the 4 billion total shares?
I thought the dev means that 10% of the 1 billion.

I will give up my one shake if the dev hold 10% of 4 billion.
The 10% Premine made everything no sense.

welcome to realistic world!!!

maybe they should have a lock-in period for developers stake like ethereum. no?

[heajin5921]

To be honest,it is really not a very good distribution.
1/2740=0.00036 and  ~but we (the core development team) will keep the promise of taking the maximum of 10% of NEM for personal compensation to deliver the community a complete NEM V1 blockchain. ~

10%? really?
Are you kidding me?I'm really disappointed and I will not buy any nem coins in the future.

10% for developers is a fair share. They worked hard and organised such a massive project and distribution. They deserve to be rewarded.

Yes, they wanted to get rich so organised this project. But they also create some money/btc for us for just trolling

10% =400 shake/5 or 6 =60-80 shake/person
fair?
We have only 1 shake but His cake is 60-80 times as big as mine.
Does that seem fair to you?

yeah, that seems a little bit high. never mind.

OMG,is it means the dev have 10% of the 4 billion total shares?
I thought the dev means that 10% of the 1 billion.

i dont see that as an issue.. do you really think the devs are going to put so much work into this just to dump it to oblivion?? i dont think so.. if they are smart they will put up mega bounties to get loads of stuff done.. out bounty every other coin.. get masses of devs..

huge bounties for big projects, bonuses for new innovative stuff that hasnt been done before! whether its an app or feature to the coin or what ever... think big new out of the box and fund the crap out of it..

put the absolute best devs on monthly salaries and have them come up with really cool stuff..

 incentivize  the community.. any one who gives a good idea that gets implimented gets a small bounty.. not much but enough to get juices flowing.. small bounties for bringing new devs on board, for getting a company to ipo on the nem network.

fuck it.. tv advertising if you can afford it! lol advertising everywhere tech magazines before and after tech shows on tv, higher pro marketing companies to market the shite out of it.. by the sounds of it between the auction and 10% of nem thats a fuck lot of money.. use it! and blow this baby so high in the sky.... so high! mmm

I don't really think aboutthe future much.
But the truth is the 10% Premine will destroy most of shareholder's confidence.
Most of us will dump dump dump before devs dump their 40m coins in the beginning.

btw,if you think I'm wrong,you can post a vote for the whole community.

[ojman28]

To be honest,it is really not a very good distribution.
1/2740=0.00036 and  ~but we (the core development team) will keep the promise of taking the maximum of 10% of NEM for personal compensation to deliver the community a complete NEM V1 blockchain. ~

10%? really?
Are you kidding me?I'm really disappointed and I will not buy any nem coins in the future.

10% for developers is a fair share. They worked hard and organised such a massive project and distribution. They deserve to be rewarded.

Yes, they wanted to get rich so organised this project. But they also create some money/btc for us for just trolling

10% =400 shake/5 or 6 =60-80 shake/person
fair?
We have only 1 shake but His cake is 60-80 times as big as mine.
Does that seem fair to you?

yeah, that seems a little bit high. never mind.

OMG,is it means the dev have 10% of the 4 billion total shares?
I thought the dev means that 10% of the 1 billion.

i dont see that as an issue.. do you really think the devs are going to put so much work into this just to dump it to oblivion?? i dont think so.. if they are smart they will put up mega bounties to get loads of stuff done.. out bounty every other coin.. get masses of devs..

huge bounties for big projects, bonuses for new innovative stuff that hasnt been done before! whether its an app or feature to the coin or what ever... think big new out of the box and fund the crap out of it..

put the absolute best devs on monthly salaries and have them come up with really cool stuff..

 incentivize  the community.. any one who gives a good idea that gets implimented gets a small bounty.. not much but enough to get juices flowing.. small bounties for bringing new devs on board, for getting a company to ipo on the nem network.

fuck it.. tv advertising if you can afford it! lol advertising everywhere tech magazines before and after tech shows on tv, higher pro marketing companies to market the shite out of it.. by the sounds of it between the auction and 10% of nem thats a fuck lot of money.. use it! and blow this baby so high in the sky.... so high! mmm

I don't really think aboutthe future much.
But the truth is the 10% Premine will destroy most of shareholder's confidence.

so what would be a fair share?

Fellas, since this project started after the NXT distribution controversy, I definitely think distribution is fair. 10% stake for them is okay for me. Compare this to NXT. I believe more than 60% of the initial stakeholders were the developer/developers.

This is a capitalistic world. welcome to the reality.