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

[gimre]

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

I will refrain from any personal insults, but instead I'll tell you this.

We're developing it daily since 12th of Feb. Thanks to different timezones of core developers and splitting into NIS and NCC we can work in parallel.

Also, I have actually "bought" my stake (because I believe in NEM) and you can find both my entry and my TX in one of the two "get-me-on-board" threads.

[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

well they are going to pocket 10%. not spend for project or bounties.

I don't see it a big issue either

[ojman28]

the only commitment we need from this they don't dump it on launch

[appl]

10% is ok, but we should set up a pool for future project.

4billion-2.7billion-0.4billion=0.9 billion

0.9 billion left i hope this could be well spend on future project.

[Gaman]

I think the core team is 8 person but they will also be outsourcing some work. So I don't think it is 80 stakes... Maybe developers can pledge to not getting more than 20 stakes then it will be fairer.

[TwinWinNerD]

haha OLD ECONONY MOVEMENT OEM

I kinda new, that this would turn out this way I thought the collected funds were used for the developement. But now everyone needs 50 more stakes? If they really go for 5 BTC that is 250 BTC per person. Really? Most people need to work 2-3 years for 125000$

[vishi_tup]

10% is ok, but we should set up a pool for future project.

4billion-2.7billion-0.4billion=0.9 billion

0.9 billion left i hope this could be well spend on future project.

its 4billion-3billion-0.4billion = 0.6 bilion

as 300 stakes would be given to waiting list

[gimre]

the only commitment we need from this they don't dump it on launch

I can't say it for other devs (but after two months I think we share quite similar ideals), but why do you think we would?

Also as utopianfuture stated many times, NEM is not an IPO, it's a call for participation, if you won't like Developer Contract, you will have a chance to withdraw.

(Which probably will be good for everyone, as we want people who believe in NEM as a currency and NEM as a community)

[vishi_tup]

haha OLD ECONONY MOVEMENT OEM

I kinda new, that this would turn out this way I thought the collected funds were used for the developement. But now everyone needs 50 more stakes? If they really go for 5 BTC that is 250 BTC per person. Really? Most people need to work 2-3 years for 125000$

Oh really?! whats with your NAS?

[ojman28]

the only commitment we need from this they don't dump it on launch

I can't say it for other devs (but after two months I think we share quite similar ideals), but why do you think we would?

Also as utopianfuture stated many times, NEM is not an IPO, it's a call for participation, if you won't like Developer Contract, you will have a chance to withdraw.

(Which probably will be good for everyone, as we want people who believe in NEM as a currency and NEM as a community)

Hey, mere a statement that its for participation doesn't mean that its not an ipo. the spirit of this whole project is that "distribution of NXT is not fair. lets come together to make a community and distribute coins fairly".

Don't try to tell that its our fault to invest.

having said that, I have no problem with distribution

[gimre]

haha OLD ECONONY MOVEMENT OEM

I kinda new, that this would turn out this way I thought the collected funds were used for the developement. But now everyone needs 50 more stakes? If they really go for 5 BTC that is 250 BTC per person. Really? Most people need to work 2-3 years for 125000$

I really like how you put up numbers, to spread panic. You should consider politics.

Biggest stake was actually 0.075btc, multiply it by 50 (which is off the hat anyway) and you won't even get 4btc... which is what 2000$?

[Spider]

It's not like the 10% will go to 5 or 10 people. We have 35 people on NEM ecosystem board alone and still every talented developer is welcome to join. I don't really count on getting extra shares but I will buy them off non-believers for sure. So go ahead and dump it into my pocket.

[feina24h]

People keep calm and believe in NEM 

[vishi_tup]

It's not like the 10% will go to 5 or 10 people. We have 35 people on NEM ecosystem board alone and still every talented developer is welcome to join. I don't really count on getting extra shares but I will buy them off non-believers for sure. So go ahead and dump it into my pocket.

35 devs? wow.. i didnt realise its that many! is there a break down of who and what they are working on..? or can we get one?

35 developers? where did you get the info?

best coins are born out of controversy  

[gimre]

I kinda new, that this would turn out this way

Oh really?! whats with your NAS?

I forgot he's in/behind NAS. Won't feed the troll again.

[Spider]

It's not like the 10% will go to 5 or 10 people. We have 35 people on NEM ecosystem board alone and still every talented developer is welcome to join. I don't really count on getting extra shares but I will buy them off non-believers for sure. So go ahead and dump it into my pocket.

35 devs? wow.. i didnt realise its that many! is there a break down of who and what they are working on..? or can we get one?

35 developers? where did you get the info?

best coins are born out of controversy  

I'm not gonna say anything more beside that you should wait for an official announcement from utopianfuture. I believe in NEM. Do you?

[km4700ruda]

It's not like the 10% will go to 5 or 10 people. We have 35 people on NEM ecosystem board alone and still every talented developer is welcome to join. I don't really count on getting extra shares but I will buy them off non-believers for sure. So go ahead and dump it into my pocket.

35 devs? wow.. i didnt realise its that many! is there a break down of who and what they are working on..? or can we get one?

35 developers? where did you get the info?

best coins are born out of controversy  

I'm not gonna say anything more beside that you should wait for an official announcement from utopianfuture. I believe in NEM. Do you?

the only commitment we need from this they don't dump it on launch

I can't say it for other devs (but after two months I think we share quite similar ideals), but why do you think we would?

Also as utopianfuture stated many times, NEM is not an IPO, it's a call for participation, if you won't like Developer Contract, you will have a chance to withdraw.

(Which probably will be good for everyone, as we want people who believe in NEM as a currency and NEM as a community)

400 shake for your 8 person?
That's a very, very bad move.
This decision cannot be taken lightly as must be well thought out.

This can make the NEM not to be worth a hair,you guys must know that you are human like everyone else.

[rasmanki]

It's not like the 10% will go to 5 or 10 people. We have 35 people on NEM ecosystem board alone and still every talented developer is welcome to join. I don't really count on getting extra shares but I will buy them off non-believers for sure. So go ahead and dump it into my pocket.

35 devs? wow.. i didnt realise its that many! is there a break down of who and what they are working on..? or can we get one?

35 developers? where did you get the info?

best coins are born out of controversy  

I'm not gonna say anything more beside that you should wait for an official announcement from utopianfuture. I believe in NEM. Do you?

the only commitment we need from this they don't dump it on launch

I can't say it for other devs (but after two months I think we share quite similar ideals), but why do you think we would?

Also as utopianfuture stated many times, NEM is not an IPO, it's a call for participation, if you won't like Developer Contract, you will have a chance to withdraw.

(Which probably will be good for everyone, as we want people who believe in NEM as a currency and NEM as a community)

400 shake for your 8 person?
That's a very, very bad move.
This decision cannot be taken lightly as must be well thought out.

This can make the NEM not to be worth a hair,you guys must know that you are human like everyone else.

and they call this NO ENVY MOVEMENT

[scg1000]

It's not like the 10% will go to 5 or 10 people. We have 35 people on NEM ecosystem board alone and still every talented developer is welcome to join. I don't really count on getting extra shares but I will buy them off non-believers for sure. So go ahead and dump it into my pocket.

Can anyone confirm this number? I am assuming the community prefers there being a large number of devs for the 10% to be divided amongst. better for ~300+ stakes to be divided amongst 35devs than 5devs

[TwinWinNerD]

haha OLD ECONONY MOVEMENT OEM

I kinda new, that this would turn out this way I thought the collected funds were used for the developement. But now everyone needs 50 more stakes? If they really go for 5 BTC that is 250 BTC per person. Really? Most people need to work 2-3 years for 125000$

Oh really?! whats with your NAS?

Yeah but never in history claimed NAS to be fairly distributed and said this was one of their key features. Also it isn't my NAS...

Im out for today. No need to reply to this.