Djinou94
Legendary
Offline
Activity: 1036
Merit: 1000
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May 25, 2014, 11:47:49 AM |
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I'm so tired need coffeee
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pigheadbig
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May 25, 2014, 11:48:53 AM |
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I'm so tired need coffeee
what 's your local time now ?
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Market6677
Member
Offline
Activity: 111
Merit: 10
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May 25, 2014, 11:51:02 AM |
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My watch says 13 min to go.
my watch say we are 50 minutes over time
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davethetrousers
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May 25, 2014, 11:51:32 AM |
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My watch says 13 min to go.
If it's GMT in the sense of just UTC (+/- 0), then yes. But that's ambiguous, esp outside the UK
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Djinou94
Legendary
Offline
Activity: 1036
Merit: 1000
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May 25, 2014, 11:52:30 AM |
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I'm so tired need coffeee
what 's your local time now ? 1:52 pm
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utopianfuture (OP)
Sr. Member
Offline
Activity: 602
Merit: 268
Internet of Value
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May 25, 2014, 11:57:39 AM |
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Dear NEM stakeholder community,
I apologize for making some of you disappointed but I decide to hold off the asset exchange listing for at least a couple of days until more information about NEM and its governance structure could be provided.
The reason for that is because I realized involving new investors is a qualitative change in NEM organizational structure and that needs to be handed with more transparency and disclosure. So far NEM has been conceptualized as a voluntary association in which stakeholders are participants and contributors to the formation of a new decentralized movement. In that conceptualization, I am comfortable in handling participant complaints with a simple refund suggestion. In that conceptualization, no one loses when he doesn't like what the development team is doing and can voluntarily withdraw. We as a team could also have the right to refuse certain participants who are deem not beneficial (sockpuppets for example). This phase has been dubbed "a call for participation" (it is not an IPO sorry) for these rationales.
This phase was over when the final stakeholder was published. No more stakeholders will be added. Now we are going to transition to a new phase in which investors can come in via sales from the current stakeholders and public auction. I think they deserve to know more what future governance of the system will look like. So before investors are welcomed in, I would like to publish at least a preliminary draft of the Development Contract to the agreement of all current stakeholders. So the time during the asset exchange listing postponement will be used for that process. The process will include: the development team publishing a preliminary draft of the Development Contract; current stakeholders commenting and criticizing the Development Contract; majority of current stakeholders agreeing on the Development Contract and the rest requesting a refund and leave.
While I believe at this point the shares of the current stakeholders are theirs to control and technically asset listing is for the current stakeholder selling a part of his shares. However, we as a team cannot afford officiating the sale without performing our obligation in a full disclosure of what we plan to do with the development shares and development reserves. Hence, the postponement of the listing. I have been preparing materials for the Development Contract for a while and will be able to publish a preliminary draft very soon.
UtopianFuture
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Market6677
Member
Offline
Activity: 111
Merit: 10
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May 25, 2014, 11:59:30 AM |
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Dear NEM stakeholder community,
I apologize for making some of you disappointed but I decide to hold off the asset exchange listing for at least a couple of days until more information about NEM and its governance structure could be provided.
The reason for that is because I realized involving new investors is a qualitative change in NEM organizational structure and that needs to be handed with more transparency and disclosure. So far NEM has been conceptualized as a voluntary association in which stakeholders are participants and contributors to the formation of a new decentralized movement. In that conceptualization, I am comfortable in handling participant complaints with a simple refund suggestion. In that conceptualization, no one loses when he doesn't like what the development team is doing and can voluntarily withdraw. We as a team could also have the right to refuse certain participants who are deem not beneficial (sockpuppets for example). This phase has been dubbed "a call for participation" (it is not an IPO sorry) for these rationales.
This phase was over when the final stakeholder was published. No more stakeholders will be added. Now we are going to transition to a new phase in which investors can come in via sales from the current stakeholders and public auction. I think they deserve to know more what future governance of the system will look like. So before investors are welcomed in, I would like to publish at least a preliminary draft of the Development Contract to the agreement of all current stakeholders. So the time during the asset exchange listing postponement will be used for that process. The process will include: the development team publishing a preliminary draft of the Development Contract; current stakeholders commenting and criticizing the Development Contract; majority of current stakeholders agreeing on the Development Contract and the rest requesting a refund and leave.
While I believe at this point the shares of the current stakeholders are theirs to control and technically asset listing is for the current stakeholder selling a part of his shares. However, we as a team cannot afford officiating the sale without performing our obligation in a full disclosure of what we plan to do with the development shares and development reserves. Hence, the postponement of the listing. I have been preparing materials for the Development Contract for a while and will be able to publish a preliminary draft very soon.
UtopianFuture
Hahaha i know it -.-
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pigheadbig
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May 25, 2014, 12:00:27 PM |
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Dear NEM stakeholder community,
I apologize for making some of you disappointed but I decide to hold off the asset exchange listing for at least a couple of days until more information about NEM and its governance structure could be provided.
The reason for that is because I realized involving new investors is a qualitative change in NEM organizational structure and that needs to be handed with more transparency and disclosure. So far NEM has been conceptualized as a voluntary association in which stakeholders are participants and contributors to the formation of a new decentralized movement. In that conceptualization, I am comfortable in handling participant complaints with a simple refund suggestion. In that conceptualization, no one loses when he doesn't like what the development team is doing and can voluntarily withdraw. We as a team could also have the right to refuse certain participants who are deem not beneficial (sockpuppets for example). This phase has been dubbed "a call for participation" (it is not an IPO sorry) for these rationales.
This phase was over when the final stakeholder was published. No more stakeholders will be added. Now we are going to transition to a new phase in which investors can come in via sales from the current stakeholders and public auction. I think they deserve to know more what future governance of the system will look like. So before investors are welcomed in, I would like to publish at least a preliminary draft of the Development Contract to the agreement of all current stakeholders. So the time during the asset exchange listing postponement will be used for that process. The process will include: the development team publishing a preliminary draft of the Development Contract; current stakeholders commenting and criticizing the Development Contract; majority of current stakeholders agreeing on the Development Contract and the rest requesting a refund and leave.
While I believe at this point the shares of the current stakeholders are theirs to control and technically asset listing is for the current stakeholder selling a part of his shares. However, we as a team cannot afford officiating the sale without performing our obligation in a full disclosure of what we plan to do with the development shares and development reserves. Hence, the postponement of the listing. I have been preparing materials for the Development Contract for a while and will be able to publish a preliminary draft very soon.
UtopianFuture
more time ,more patient
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davethetrousers
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May 25, 2014, 12:00:57 PM |
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Oh, great. Well, better get moving then...
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maimaiti
Member
Offline
Activity: 82
Merit: 10
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May 25, 2014, 12:03:53 PM |
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what's that mean?? no trade? so I can't buy some yet?
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Juzion
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May 25, 2014, 12:05:55 PM |
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UtopianFuture i must say it. you make yourself ridiculous here and in the Nxt Community i don´t use a token but this is so ... stupid...sry
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maimaiti
Member
Offline
Activity: 82
Merit: 10
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May 25, 2014, 12:08:11 PM |
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UtopianFuture i must say it. you make yourself ridiculous here and in the Nxt Community i don´t use a token but this is so ... stupid...sry really pity for eating the words.
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Djinou94
Legendary
Offline
Activity: 1036
Merit: 1000
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May 25, 2014, 12:15:38 PM |
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Waaat cannot sleep this night for nothing
What does it mean in simple words?
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Sportfreund1488
Member
Offline
Activity: 83
Merit: 10
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May 25, 2014, 12:21:00 PM |
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Waaat cannot sleep this night for nothing
What does it mean in simple words?
This mean: UtopianFuture gives up and he only can say make a refund
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Momimaus
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May 25, 2014, 12:22:34 PM |
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They could have been thinking about this before this whole thing, but maybe it was good marketing. I wasn´t selling anyway, don´t matter what the price would have been.
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Djinou94
Legendary
Offline
Activity: 1036
Merit: 1000
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May 25, 2014, 12:24:59 PM |
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Shit If i dead tonight in accident road i hope this utopian will give to my family some free steak
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utopianfuture (OP)
Sr. Member
Offline
Activity: 602
Merit: 268
Internet of Value
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May 25, 2014, 12:34:23 PM |
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Please go the the main thread for the Development contract (preliminary draft) in one minute.
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makoto1337
Legendary
Offline
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
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May 25, 2014, 12:53:37 PM |
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NEM isn't just a cryptocurrency, but is an economic movement. Therefore, I think it makes sense to make sure everything is clearly specified and agreed to by people who are buying into NEM. Don't worry, the assets will be on the exchange once this is all settled
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nonlinearboy
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May 25, 2014, 01:24:53 PM |
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Waaat cannot sleep this night for nothing
What does it mean in simple words?
bad luck...
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PL_CoinTrader
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May 25, 2014, 02:23:58 PM |
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It's unbelievable how greedy and impatient some NEM stakeholders are. You will sooner or later get a free stake probably worth thousands of dollars for doing literally nothing. I'm just glad that I'm part of the movement and you should be grateful as well. The behaviour of some users is just unbelievable ...
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