redemption phase was open for close to, or possibly over 6 months...? much much longer than was originally planned.. i dont see how that is unfair..?
It is unfair because the asset description did not say there would be any deadline, nor did it say to follow the forum. It is entirely reasonable for someone to have added NEMstake to their portfolio with the intention of redeeming it after the launch.
if you read the description, you also read the warning.. because it did exactly what you state that it didnt..
A NEMstake token represents one million NEM receivable after the official launch of NEM blockchain. The token can be traded down to one digit after zero (minimum unit is 1/10 of a token). Our website is www.ournem.com. Please read about NEM, NEMstake token and the conversion rules in our dedicated thread before buying NEMstake. The issuing account is NXT-J62B-CNAR-34YW-4RCFN
Only to the extent of saying 'read the forum.' However it does say: "A NEMstake token represents one million NEM receivable after the official launch of NEM blockchain" which clearly didn't happen.
What is the argument for a deadline at all?
It also says "represents one million NEM," which is also not the case anymore. Trading on the NXT AE brought a lot of complications and we should have ended it back in November instead of continuing.
We don't want to take anyone's money away, but also remember that NEM is not an investment. It is a movement and we want participants to at least be informed enough about what we are doing to be able to redeem (and NEMstake holders had over 4 months redeem!).
That being said, a lot of people screwed up entering their NEM addresses when submitting them, so what I think we will do it process people who have already complained to us when we work to fix other NEMstake holders' addresses, post launch.