How true. This is the very thing I have always been harping about. Without a proper and sustainable program, no coin will ever survive! Decentralization is only as good as its concept. Put in practice, it will fail.
Decentralization without any consideration for the poor devs who make so much sacrifices to get a coin or an ecosystem up and running is a misnomer. Further, if there are any delays or screw ups in their roll out, they are mostly criticized and belittled for their delays or shortcomings.
A real project like NEM that is developed from scratch should take at least 1 year. But everyone is rushing for it to be completed yesterday.
A lot of people do not understand the process of writing codes and making them work well and proper. Come to think of it, who is paying these developers to continue after the job is completed at launch? We must take cognizance that these developers do not have a timeline guarantee for the completion of V1. And V1 is the crux of the NEM ecosystem. V1 is where the AE and the rule based solution are. Without that, we are only a coin.
That's why the very existence of AltNemo is important. Many see the relevance and importance but many also don't see it worth supporting. It is with the hope that if a commercial entity is well supported, then there is every chance of survival of a project. Otherwise things will look bleak.
Many will say that these developers are already being rewarded with Nem Stakes for their work. What happens if there is a huge dumping game going and the value of the coin is reduced to sand dust? Who is going to guarantee their food on the table? How can our developers be guaranteed and incentivized to work on the NEM ecosystem?
We are not an ethereum with $15 million sitting comfortably in the bank. Even our crowdsale is not going as fast as we'd like it to be. We have such a good ecosystem and platform going but we do not have an equally committed following. We have a lot of people egging us on but we don't have enough game changers in the forum.
We should not take our programmers for granted because they need to survive as well. They are also humans like us and have a life. We should find a financially sound scheme to sustain them to sustain the NEM ecosystem.
I would urge everyone who is dead serious about the success of NEM to consider and think of a good plan to ensure the sustainability of NEM. This is vital and important.
Maybe the community should think of a way to sustain the value of a NEM coin to 1 cent. This will guarantee the devs' stay.:-)
So, no dumping please!
