Nobody wants to repeat NXT. I remember from 2013, and the posts are still there on the older NXT forum, of people having to beg the whales to make the whales richer *mind blown*, that is real greed when you're sitting on $4 million and can't even be bothered to help fund your own coin. On the contrary, most of the behaviour of the NXT whales (since day #1) was to dump and cash out their lottery winnings without any regard for the ecosystem or NXT's overall livelihood. That's why nobody is buying NXT anymore because as soon as it shows any signs of going up - the whales dump it back down.
Can you show some of these posts of greedy NXT whales refusing to donate? As someone who came later and reviewed the first six months of NXT in a few days my assessment is very different. NXT whales basically got the job done, that's why NXT is still hands down the best crypto to follow bitcoin. Who were the greedy ones?
Awfully convenient to shut down a website which cataloged much of the early information regarding NXT. Still you get some unrelated traces about this on other websites.
http://nxtcoin.blogspot.ca/2014/01/nxtmyths-1-nxt-is-not-scam-it-wasnt.html(Why did Klee have to fund everything again? Explain the other 4 whales or even the other 7. That was back then, today Klee is gone-ed and CfB even left for Jinn)
http://www.nxtcoins.nl/bitcointalk-summary-13-01-2014/(Uhh 20,000 NxT for high end apps? So 8 whales are contributing 0.00005% of their literally free overnight lotto winnings to improve NXT?
I'll give it a few months until they shut down these ones too.
NxT was a crappy setup where anybody with good ideas had to beg from the whales and if the whales didn't like it then you never got funding. In most circumstances of funding, if they did give it out, it was like dust. That's not how you run a crypto currency. NXT never maintained momentum after its' initial success and today it is a coin of trolls and scammers. NxT's scam distribution led to scammers, hah.
No names or specific instances in those links you posted. Can you just recount a few instances from memory? Obviously people who had ideas and projects that didn;t get any donations or bounties would have have been pissed off, but guys like jl777 were funded and have become key NXT developers, and as far as I know jl777 was not in the original 73 NXT stakeholders. NXT whales couldn't fund everyone, and their success rate was pretty good. I get that NEM is trading off a little more centralisation to get better dev funding, and that might work out OK, but I really don't get the "NXT whales were greedy" opinion. They used mutual self-interest to fund the people that they believed would do the best work, like jl777 and many others.That's not greed, and so far the results for a 100% decentralised project have been impressive.
Please name the names of the "greedy whales" if you can, and say what they did that was greedy. The history of NXT and NEM and connected, and its important to get the facts straight. Many say you're UtopianFuture who left NXT and started NEM from bitterness because you/he didn't get funded, like jl777 did. If that's true your opinion is trolling, but if you know specific acts by real people, then that's different. I honestly don't know what motivates you, but whoever you are, I think if you have evidence of greedy NXT whales it would be useful to share the specifics, not just repeat the same accusation that doesn't seem to be backed by any evidence.
Where did UtopianFuture try to request funding? Waiting for you to find a post sometime between October 2013 to January 2014 on that forum. Oh wait they took it down, so how could I prove my earlier points (or your allegations about UF, UF =/= TS) if they've been erasing all the early history of NXT?
You're dealing with somebody who was actually in NXT before you came a year later. So in that regard my anecdotal evidence trumps your lack of existence.
Besides James wasn't funded by whales but literally created all these ponzi projects which he never completed and that's how he attained all that funding. As soon as he created one project he was literally announcing the next and meanwhile people were exchanging their valuable NXT for his ponzi crap. If you take everybody's NXT(1 billion coins) you would come nowhere close to buying out his assets.
https://nxtblocks.info/#section/assets_exchange/market/17554243582654188572Quantity: 21'000'000.00000000
Capitalization: 422'310'000'000 NXT (if you can't read that is 413 billion NXT vs 1 billion NXT in existence, and James has tons of those assets and they used to be worth more. At one point his assets were worth 1 trillion NXT! LMAO!)
So nope no whale funding more like ponzi funding.
So you were there from the start, but I've read A LOT of NXT threads
Crypto history is fascinating, and if they can make a movie about Facebook, one day somebody will write a book/script about the history if bitcoin, and arguably NXT and NEM have even more interesting histories than even satoshi etc. I'd love to know some of the back stories and private dealings between the big players, including you T.S, especially if you are infact UP. As for UP asking for funding I don't know, other than posts like this. I think nobody responded to requests like this, so UP took his bat and ball and went home.
https://bitcointalk.org/index.php?topic=345619.msg4418909#msg4418909Klee, how many original stake holders do you know ? Of course, it would difficult to coordinate a group of anonymous accounts to do ANYTHING. As far as my experience here, I have just met one or maybe two original stakeholders who are not very supportive of NXT development amongst a dozen.
You should really not mention BCNext as if i am not wrong the guy codes the whole the core features of NXT network for free.
To original founders and big stack holders: if you dont have time to closely follow NXT development; but if you still want to be supportive of NXT community and its early-day fragile system, please contact me, I can be your proxy. I don't even need you handle me your NXT; I would just point out to you where your NXTs are needed to grow our eco-system.
At this point in time, your NXT is the most valuable. Please act, don't wait; because if you wait you can help to kill NXT's chance to become something really worthwhile, really important.
