Please reopen registration. Or tell us when it was gonna end, alot of people missed out on this.
We
might re-open in the future once Kora is better known. If this happens those who missed the date or just found out about the project will get a second chance. Stay tuned.
At this stage however we're focusing on the current list of stakeholders.
We will have a lot of stakes left over, and I've made a proposal that we use the NXT AE voting system to decide what to do democratically.
https://bitcointalk.org/index.php?topic=673587.msg7816967#msg7816967The original poll showed most people who responded were in favour of distributing left over stakes to the ~1000 non-sockpuppet registration applications we received via the registration webapp.
I am in favour of keeping at least some of the stakes in trust for later distribution, as I think that is both fair, and smart, as those stakes would be extremely beneficial for later promotion when (k)Ora is more established technically, and we want to generate some interest.
Feel free to respond in the poll thread and let people know your thoughts.
IMO the greatest asset we have right now is the embryonic community we have forming around a few key ideas & goals. As far as I am concerned (k)Ora is a longer term project than many other crypto coins, and the more people we have with a stake in the medium term the better.
This isn't going to be a pump & dump, as right now we don't have any working code, and it could be quite a while before we do, so anyone who dumps their stake now can take their 5-25 cents and go and buy a lolly pop, as that's all a (k)Ora stake will be worth IMO.
We'll publish the list soon, finalise the stakeholder list, then we'll distribute the 'first' round stakes on the NXT AE. After that .... we'll all decide what to do, assuming people like the idea of using the NXT AE to decide things like this.
I really do want this to be a decentralised community, so we need a mechanism to work things out, and the NXT AE voting system *could* be the revolutionary management tool that crypto projects have been waiting for.
If there is no leader how do WE decide what to do? We vote!! Voting is probably only relevant for really big decisions, like the left over stake issue, so we'd only use it very occasionally IMO, and we'd have established procedures to cover how the votes would be organised.
Who's ever followed a coin, invested some time and a few dollars in mining or buying coins only to see it all go down the drain because the "main guy(s)" went MIA? Sometimes those projects can recover, but that's usually because a new "main guy" steps in to fill the void. What about if there's always a void? How should "things" get worked out so a project keeps moving forward when it faces a BIG contentious decision? Direct democracy, the community has a cheap and easy to organise vote!
If you missed the registration you can still speak up here and let people know your opinion on the stake issue, and anything else.
I think having a large number of stakes in trust for later use would actually increase the long term value of the first round stakes by a larger $ amount than if we just give everyone a bigger 'slice' of a smaller 'pie'.
People make coins successful just as much as the tech!!
If you missed out have your say now, and try and convince the ~1k stakeholders reading your post that keeping some stakes in reserve for 'FREE' distribution later will be in THEIR interest. That's my argument - You help yourself just as much by helping others to join in now.
Remember, some of the key ideas for (k)Ora so far have been stakes are FREE, we will try to distribute fairly (no socks, long period of warning, long registration period etc), and most importantly, this is a decentralised leaderless 'starfish' community, so if you want something to happen, or a particular decision to be made - SPEAK UP & JOIN IN!
Everyone interested & motivated can influence the direction of (k)Ora!!
