Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - New Update 0.6.42 - Please Update Your Nodes
by
jabo38
on 25/07/2015, 14:35:09 UTC

Unique thing that could change my mind I think would be a Big (Huge) Free Give Away for all the NEM Confiscated from SuckPuppets. When I say all, I mean ALL the suck puppets stakes... i know they are not just few....
This would make me feel better, knowing that Makoto and few other World Saviours  (you are not included, you are fine) called Developers would not have control of them.

None of the sock puppet stakes go to the developers as bonus.  

This was discussed for a very long time and the community gave lots of feedback and votes in polls.  The result is that all the sock puppet stakes go into different funds.  

One fund is to buy silver coins for all NEM stake holders.  One fund is the community fund, where anybody from the community can propose a project that they want to be built on NEM and then the community votes whether they get funding or not. One fund is to help pay for the NEM mobile app which will then be offered for free on itunes and the Google Play store to all people as well as the source code open sourced on Github for anybody to fork.  Another fund is an unconventional marketing fund which will help to market and promote the NEM ecosystem through ideas from the community, and lastly and NEM ecosystem fund which will be used to help create XEM as a currency that many businesses use.  

As you can see the claimed stakes from sock puppets will be put to very good use making NEM one of the most amazing and well funded platforms.