I have been away for a while and have come to see that POI voting is gone and NEM/Symbol is operated by NEM Group, which is a private company with undisclosed shareholders? Is that true?
It looks like there is now no means for the community to make decisions with NEM. And no means to hold anyone accountable. And no disclosure of financials.
The potential for abuse and conflict of interest is bad. The ANONYMOUS core team controls billions of XEM supposedly held for the public benefit of NEM. And it is not all the same core team people as it used to be. And there is no disclosure if any of them may also be NEM Group owners who will gain if those XEM are used for the private profits of the company. Maybe they are all perfectly honourable but we will never know because there is no community oversight.
It’s painful to think about the beginning when the idea of NEM was free and fair distribution and transparency. How can today’s NEM still call themself as community driven? How is this any different from a company controlled token like Ripple Labs or Block.one EOS? Did everyone else already know this and I am the only one who was suprised?
Are any core team members or NEM Trust or NEM Group willing to step forward and state the amount of shares they own and how much public XEM has been put into their company?