Nem does not need to be wilting violet.
Biggest loss was Lon and Jeff from the front line, you guys can ride that wave for as long as you like but sooner rather than later that wave will disappear, then your high and dry on the sand.
Hey Guys,
I prefer far more this format of discussion than the typical discussions on Telegram. A strategy can’t be discussed on Telegram, which I see more “instantaneous”. The forum is more a place were we can think of what we write and where we can read interesting opinions of other people without being flooded by NEM bot, Moon, lambos, memes, etc.
Even if lately we had some good discussions on TG, they tend to “disappear”.
Good point leoinker, what can we do for NEM?
-
The first thing, what we are doing here: discuss and share point of view. This is important, even if it is only inside NEM community
-
Then, as I said, I prefer forum to Telegram, I almost never post on Telegram. But forum is almost dead… So bringing animation to the forum is another thing.
-
A lot of people are speaking of marketing, using it as a magic wander… But what is marketing? Making YT videos? writing articles? This is only one small part of what marketing is. (The promotion part).
We need to know our market better, we need to know better our competition.
Fact is, there are many coins, and many of them are (more or less) good. You can’t just say there are all shitcoins!
We need to study competition (ETH, ADA, NEO,…), maybe prepare an internal table with impartial information, make a SWOT analysis. From that define a action plan: How to differentiate NEM compared to competition? How to improve our weaknesses? who is our target market?
Anybody publishing content will receive negative/FUD comments like:
- NEM is shitcoin
- NEM is old
- Devs are anonymous
- Not open source (solved!)
- Low tps
- No on-chain smart contracts
- etc.
Truth is NEM is not appealing enough to investors (I hope it is for devs, but first devs need to consider NEM as an option). I have seen a few times comments like “For that project, why choose NEM over ADA, ETH, …)?” Everybody in the community should be able to answer this question. And I am not sure that everybody can.
1 Like
We need more intelligent people on the forum giving input, and yes we have some of the best here yet it is such a narrow window at times.
I know sometimes my posts are sometimes slightly off the scale for polite chit chat yet some times I really feel folk need to be kicked into a response.
Is your response/input so precious and delicate that writing 5- 10 lines of input is so hard?
It makes it difficult to get any real momentum when nobody knows what anyone else is thinking.
Cheers
1 Like
In response to your bullet list
Nem is a shitcoin - no not in any sense, it has a solid market presence and I am guessing a lot of people have made millions from trading it already, they just do not advertise.
Nem is old - No, this does not make any sense.
Devs are anonymous - They have presence, can you name all the BitcoinCash Devs?
Not open source - Catapult whitepaper anyone?
Low tps - No not really, were is the argument for this?
No on chain smart contracts - Nem has always said it works ofchain and lets the Blockchain do its thing, yet I have read small snippets that Catapult will have some onchain contract abilities.
1 Like
In my opinion NEM is all about the versatility. It has everything and even more to overgrow other blockchain solutions. However, versatility is not always the engine that moves mass adoption of the technology, because sometimes it is difficult to find its place without clear dominating use-cases. For example Ethereum is currently overcrowded, in my opinion, because of all these ICO’s launched on the chain. The clear utilisation of Ethereum Smart contracts allowed it to dominate the market. On the other hand, as I see, NEM is more than perfect for Security token issuance because of its unique native features. Moreover, 2018 - 2019 Security tokens will overcome Utility tokens and ICO’s because of the regulatory pressure (also lets be realists - more than 80% of the launched ICO’s where securities in any case), so NEM could take a lead as a blockchain for regulated security tokens.
4 Likes
Good points, well stated!
This comparison is interesting:
1 Like
More like Shmardano; am I right?! JK