Ninjastic
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Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread -100% Original Codebase - Over 70 Active Team Members
by
jabo38
on 23/04/2015, 10:03:21 UTC
Quote from: martismartis on April 23, 2015, 08:23:51 AM
Quote from: jabo38 on April 23, 2015, 07:33:43 AM
Quote from: Mickeyb on April 23, 2015, 07:12:05 AM
Quote from: Eadeqa on April 23, 2015, 03:45:42 AM
Quote from: rockethead on April 23, 2015, 03:32:57 AM
I shan't say more. You have equal purview to the same things I have. But whatever you said is a lie, if not,

You need to show why it's a lie. Originally the "fair distribution" slogan was based on the fact that 75% would be distributed. 10% were for developers and marketers. And 15% for future development.  Some people though that even 25% was pretty high as UP had also collected plenty of BTC and Nxt during the IPO.  That 25% number ended up becoming 71% at launch date as shown here.

https://bitcointalk.org/index.php?topic=1022311.0

That's your "fair distribution". Never mind that the worlds population is 7 billion  and 9.99995% of humans actually have zero nem. The whole idea of "fair distribution" is a joke to start with..

I am sorry but I have to agrre here for a moment. 71% coins held by the DEVs is not doing us much good with the people coming from the outside, but hey decision has been made and we have to live with it!!


The 71% number is complete and udder FUD. http://blockexplore.in/search/richlist/

74% of NEM is held by only 100 accounts, which looks worse until you release that almost 2/3 of that 74%, (e.i., almost exactly half of all XEM) is money being held not by individuals but by funds held in multisig accounts set aside for massive development and ecosystem projects. http://blockexplore.in/search/richlist/  

Of those funds they are being held in multi-sig, devs are a minority signers.  

And when you exclude those special funds to fuel projects, what is left is one of the most amazing distributions of any crypto.  http://blockexplore.in/graphs/bubble-chart-no-dev/

NXT FUDsters are coming in here with complete lies.  When in reality NXT was started by 70 people at most, but instead probably had lots of sock puppets.  On top of that even today 74% of NXT is all held by 0.13% of NXT account (143).  https://nxtblocks.info/#section/blockexplorer_distribution

Please notice how FUDsters provide no links or proof of evidence of their lying numbers, yet repeat it over and over again.  

NXT is a good platform, but some of them are very shameful.  


Jabo

With all respect to XEM team, please don't use PROBABLY, when you try to compare facts. Nobody knows and nobody will know, how it was in reality with NXT distribution and sockpuppets, so let's forget about this and move on. I'm sure there will be left some sockpuppets also in XEM distribution, but I'm not saying it as a fact, it could be PROBABLY. If you try to discuss with facts, so please discuss with real facts, not with PROBABLY.

P.S. 74% of XEM is held in funds, PROBABLY multisig key holders are the same sockpuppet person. Is it fact or what? Smiley

P.P.S. I hold both, NXT and XEM.

EDITED: some typing erros.

74% being held in funds is complete and udder FUD and a total lie. Please stop saying this!

How many times do I have to post the links to block explorers? http://blockexplore.in/search/richlist/

almost exactly 50% of funds are held in multisig accounts to fund future projects. http://blockexplore.in/graphs/bubble-chart/

The other half has been distributed.  http://blockexplore.in/graphs/bubble-chart-no-dev/

Furthermore, I don't have any proof so I deleted my comment that you took offense too.