What NEM features are you most excited about?

[makoto]

People are buying coins believeing to fund NEM community.

They are funding the community or rather the ecosystem. The community will profit from those projects. What where you thinking where those funds will go ? Split up among stakeholders ?

Community is already paying NIS and NCC developers to do their job; the result is that community is the owner of produced software.

For mobile app and centralized exchange (part of) the community pays but will it be the owner of the software?

I have nothing against the community paying a company to develop software but this shoud be better done via a public auction and property of software must be transferred to the community itself (or at least to the crowdfunders).
Short answers given in this forum let me suppose it will not be like that.

I really hope I'm wrong but it smells like crony capitalism which is just the opposit of "equality of opportunity".
Please, please, tell me that I'm wrong.

Don't worry, there is no crony capitalism. We just want to work to create the first company that uses NEM. There is still equality of opportunity for anyone to enter.

http://forum.nemcoin.com/index.php?topic=2375.msg4442#msg4442 :)

If you have a good idea that will help NEM, people will come behind you and help you create it. You are also free to help support AltNemo and help us out.

[makoto]

People are buying coins believeing to fund NEM community.

They are funding the community or rather the ecosystem. The community will profit from those projects. What where you thinking where those funds will go ? Split up among stakeholders ?

Community is already paying NIS and NCC developers to do their job; the result is that community is the owner of produced software.

For mobile app and centralized exchange (part of) the community pays but will it be the owner of the software?

I have nothing against the community paying a company to develop software but this shoud be better done via a public auction and property of software must be transferred to the community itself (or at least to the crowdfunders).
Short answers given in this forum let me suppose it will not be like that.

I really hope I'm wrong but it smells like crony capitalism which is just the opposit of "equality of opportunity".
Please, please, tell me that I'm wrong.

There will be a more detailed announcement tonight or tomorrow.

Let me tell you this though. How many companies are there in the btc ecosystem ? Hundreds if not Thousands. Do you think most of the software belongs to the community ? The core, bitcoin blelongs to the community - everything built on top of that mostly belongs to businesses (exchanges, payment processors,...). It'll be the same for NEM. Everything that's implemented directly into NEM will always be open-source and the devs will listen to the community. Whatever people build on top of that and whatever business they build utilizing NEM is something else. The fact that the funds are raised the way they are doesn't change that. It's not like anyone is forced to buy coins.

Thinking about it some more - how is the community paying for anything ? So far people have payed a small fee and they get NEMs in return which are already worth multitudes of what people payed.

Did those btc companies get together with the devs of bitcoin to raise money or did they do there own fundraising?

It's Called transparency, is the NEWCO write up going to be made public?

BTC exchanges have worked closely with BTC devs in the past, from what I understand. All the devs and people at large companies like Kraken and Coinbase know each other and work closely together. And yet bitcoin is still p2p decentralized and open source.

There is no NewCo. It is called AltNemo and the organization is completely different from the draft you saw. We aren't ready to create a legal entity yet, which is why we are just announcing the intention to do so now.

[patmast3r]

People are buying coins believeing to fund NEM community.

They are funding the community or rather the ecosystem. The community will profit from those projects. What where you thinking where those funds will go ? Split up among stakeholders ?

Community is already paying NIS and NCC developers to do their job; the result is that community is the owner of produced software.

For mobile app and centralized exchange (part of) the community pays but will it be the owner of the software?

I have nothing against the community paying a company to develop software but this shoud be better done via a public auction and property of software must be transferred to the community itself (or at least to the crowdfunders).
Short answers given in this forum let me suppose it will not be like that.

I really hope I'm wrong but it smells like crony capitalism which is just the opposit of "equality of opportunity".
Please, please, tell me that I'm wrong.

There will be a more detailed announcement tonight or tomorrow.

Let me tell you this though. How many companies are there in the btc ecosystem ? Hundreds if not Thousands. Do you think most of the software belongs to the community ? The core, bitcoin blelongs to the community - everything built on top of that mostly belongs to businesses (exchanges, payment processors,...). It'll be the same for NEM. Everything that's implemented directly into NEM will always be open-source and the devs will listen to the community. Whatever people build on top of that and whatever business they build utilizing NEM is something else. The fact that the funds are raised the way they are doesn't change that. It's not like anyone is forced to buy coins.

Thinking about it some more - how is the community paying for anything ? So far people have payed a small fee and they get NEMs in return which are already worth multitudes of what people payed.

Did those btc companies get together with the devs of bitcoin to raise money or did they do there own fundraising?
...

Is AltNemo not doing their own fundraising ? Why shouldn't they use NEM channels for that ?
What would have been bad about say BitPay getting together with btc devs and working on coinbase together ? maybe even raise funds on bitcoin.org ? What would have been bad about that ?

[makoto]

People are buying coins believeing to fund NEM community.

They are funding the community or rather the ecosystem. The community will profit from those projects. What where you thinking where those funds will go ? Split up among stakeholders ?

Community is already paying NIS and NCC developers to do their job; the result is that community is the owner of produced software.

For mobile app and centralized exchange (part of) the community pays but will it be the owner of the software?

I have nothing against the community paying a company to develop software but this shoud be better done via a public auction and property of software must be transferred to the community itself (or at least to the crowdfunders).
Short answers given in this forum let me suppose it will not be like that.

I really hope I'm wrong but it smells like crony capitalism which is just the opposit of "equality of opportunity".
Please, please, tell me that I'm wrong.

There will be a more detailed announcement tonight or tomorrow.

Let me tell you this though. How many companies are there in the btc ecosystem ? Hundreds if not Thousands. Do you think most of the software belongs to the community ? The core, bitcoin blelongs to the community - everything built on top of that mostly belongs to businesses (exchanges, payment processors,...). It'll be the same for NEM. Everything that's implemented directly into NEM will always be open-source and the devs will listen to the community. Whatever people build on top of that and whatever business they build utilizing NEM is something else. The fact that the funds are raised the way they are doesn't change that. It's not like anyone is forced to buy coins.

Thinking about it some more - how is the community paying for anything ? So far people have payed a small fee and they get NEMs in return which are already worth multitudes of what people payed.

Did those btc companies get together with the devs of bitcoin to raise money or did they do there own fundraising?
...

Is AltNemo not doing their own fundraising ? Why shouldn't they use NEM channels for that ?
What would have been bad about say BitPay getting together with btc devs and working on coinbase together ? maybe even raise funds on bitcoin.org ? What would have been bad about that ?

Who is the head of AltNemo?

RocketHead will lead it when the company is created.

[patmast3r]

People are buying coins believeing to fund NEM community.

They are funding the community or rather the ecosystem. The community will profit from those projects. What where you thinking where those funds will go ? Split up among stakeholders ?

Community is already paying NIS and NCC developers to do their job; the result is that community is the owner of produced software.

For mobile app and centralized exchange (part of) the community pays but will it be the owner of the software?

I have nothing against the community paying a company to develop software but this shoud be better done via a public auction and property of software must be transferred to the community itself (or at least to the crowdfunders).
Short answers given in this forum let me suppose it will not be like that.

I really hope I'm wrong but it smells like crony capitalism which is just the opposit of "equality of opportunity".
Please, please, tell me that I'm wrong.

There will be a more detailed announcement tonight or tomorrow.

Let me tell you this though. How many companies are there in the btc ecosystem ? Hundreds if not Thousands. Do you think most of the software belongs to the community ? The core, bitcoin blelongs to the community - everything built on top of that mostly belongs to businesses (exchanges, payment processors,...). It'll be the same for NEM. Everything that's implemented directly into NEM will always be open-source and the devs will listen to the community. Whatever people build on top of that and whatever business they build utilizing NEM is something else. The fact that the funds are raised the way they are doesn't change that. It's not like anyone is forced to buy coins.

Thinking about it some more - how is the community paying for anything ? So far people have payed a small fee and they get NEMs in return which are already worth multitudes of what people payed.

Did those btc companies get together with the devs of bitcoin to raise money or did they do there own fundraising?
...

Is AltNemo not doing their own fundraising ? Why shouldn't they use NEM channels for that ?
What would have been bad about say BitPay getting together with btc devs and working on coinbase together ? maybe even raise funds on bitcoin.org ? What would have been bad about that ?

Who is the head of AltNemo?

Clearly you have read the announcement very attentively.
Rockethead is the head. Makoto and erkki12 are helping.

[makoto]

People are buying coins believeing to fund NEM community.

They are funding the community or rather the ecosystem. The community will profit from those projects. What where you thinking where those funds will go ? Split up among stakeholders ?

Community is already paying NIS and NCC developers to do their job; the result is that community is the owner of produced software.

For mobile app and centralized exchange (part of) the community pays but will it be the owner of the software?

I have nothing against the community paying a company to develop software but this shoud be better done via a public auction and property of software must be transferred to the community itself (or at least to the crowdfunders).
Short answers given in this forum let me suppose it will not be like that.

I really hope I'm wrong but it smells like crony capitalism which is just the opposit of "equality of opportunity".
Please, please, tell me that I'm wrong.

There will be a more detailed announcement tonight or tomorrow.

Let me tell you this though. How many companies are there in the btc ecosystem ? Hundreds if not Thousands. Do you think most of the software belongs to the community ? The core, bitcoin blelongs to the community - everything built on top of that mostly belongs to businesses (exchanges, payment processors,...). It'll be the same for NEM. Everything that's implemented directly into NEM will always be open-source and the devs will listen to the community. Whatever people build on top of that and whatever business they build utilizing NEM is something else. The fact that the funds are raised the way they are doesn't change that. It's not like anyone is forced to buy coins.

Thinking about it some more - how is the community paying for anything ? So far people have payed a small fee and they get NEMs in return which are already worth multitudes of what people payed.

Did those btc companies get together with the devs of bitcoin to raise money or did they do there own fundraising?
...

Is AltNemo not doing their own fundraising ? Why shouldn't they use NEM channels for that ?
What would have been bad about say BitPay getting together with btc devs and working on coinbase together ? maybe even raise funds on bitcoin.org ? What would have been bad about that ?

Who is the head of AltNemo?

Clearly you have read the announcement very attentively.
Rockethead is the head. Makoto and erkki12 are helping.

I don't want to hijack this thread with AltNemo discussion, but yes, that is the plan. if the coin sale is successful, we will hire some devs to work on the ecosystem projects.

[rockethead]

People are buying coins believeing to fund NEM community.

They are funding the community or rather the ecosystem. The community will profit from those projects. What where you thinking where those funds will go ? Split up among stakeholders ?

Community is already paying NIS and NCC developers to do their job; the result is that community is the owner of produced software.

For mobile app and centralized exchange (part of) the community pays but will it be the owner of the software?

I have nothing against the community paying a company to develop software but this shoud be better done via a public auction and property of software must be transferred to the community itself (or at least to the crowdfunders).
Short answers given in this forum let me suppose it will not be like that.

I really hope I'm wrong but it smells like crony capitalism which is just the opposit of "equality of opportunity".
Please, please, tell me that I'm wrong.

There will be a more detailed announcement tonight or tomorrow.

Let me tell you this though. How many companies are there in the btc ecosystem ? Hundreds if not Thousands. Do you think most of the software belongs to the community ? The core, bitcoin blelongs to the community - everything built on top of that mostly belongs to businesses (exchanges, payment processors,...). It'll be the same for NEM. Everything that's implemented directly into NEM will always be open-source and the devs will listen to the community. Whatever people build on top of that and whatever business they build utilizing NEM is something else. The fact that the funds are raised the way they are doesn't change that. It's not like anyone is forced to buy coins.

Thinking about it some more - how is the community paying for anything ? So far people have payed a small fee and they get NEMs in return which are already worth multitudes of what people payed.

Did those btc companies get together with the devs of bitcoin to raise money or did they do there own fundraising?

It's Called transparency, is the NEWCO write up going to be made public?

You should understand that AltNemo is doing our own fundraising by way of crowdsale. That's what it means. I don't get your point.