Quote from: Archru on September 17, 2016, 01:42:20 PM

Quote from: pdogg147 on September 16, 2016, 02:35:11 AM

Since Nexus is self-funded by the Development Team, we have set up a BTC account to pay for items like servers for the Network and website, ticker change at Bittrex, website maintenance, bounties for needed tasks, marketing materials, etc. If you would like to contribute to help the Nexus Team pay for some of these and other expenses our BTC address is 1My2GsdknNxs2x8BLPfzAQUQ1oGVouBi6Y. Every little bit helps. We thank you for your continued support.

The Nexus Team

Every single person in the NXS community should take this very seriously, and speak up. Yes, even you.

I am a completely objective voice. I have zero affiliation with NXS development team. I have 20 years of experience in the stock market however, and know why and how winners and losers emerge.

Everyone on this board is lean and hungry. Developers as well as NXS enthusiasts like me and you. Smart and damn near broke leads to innovation. Smart and completely broke leads to cutting corners, talent poaching, and collapse. The development team has given fair warning that they are somewhere in between the two. Yes, I understand, likely no one reading this has extra money. So let us re-examine the problem and challenge the status quo:

Can we vote to increase the developer commission percentage, right now? If not, exactly how long COULD YOU PERSONALLY work nearly for free, even on a project you deeply believed in? How much of your personal grocery money would you invest in servers, if you were Colin, if you were already working and innovating for nearly nothing? If you think 2.5% is excessive, you can always jump over to LBRY or another cryptocurrency which was literally 99% developer/insider controlled from day 1, and they are still performed a $500K funding raise on September 8th. There should be performance bonuses as well every time NXS hits $5M, $10M, $15M etc. in market cap. Colin, what % do you need? Please give us a frank discussion of a sustainable compensation plan and lets put it to a vote.

If you think a primary developer deserves no salary, and working for nothing a measure of dedication, just wait until Ethereum or another well funded product offers to pay Colin to leave Nexus and save their inferior blockchains on a day when his rent is due and his girlfriend asks him why he is turning down steak for a PB&J? He has NEVER asked for money, but how exactly do you expect him to cover his rent while he works for you? Developer poaching by a well-funded crypto is the 51% attack that NXS enthusiasts like you and I should be concerned with, while Colin is busy defending your hopes and dreams from quantum computer attacks.

Exactly what value do miners provide Nexus functionality and stability? Please forgive my lack of understanding on this topic. Is their compensation proportional to the irreplaceable value they provide? Will their value change when Nexus is satellite based? How does their compensation/irreplaceability ratio compare to Colin?

There were several hundred search engines in 1996, and Google was nobody special. You will be amazed how many cryptos will evaporate in the next 10 due to problems Nexus has already solved.

Dont starve Usain Bolt, my dear friends in the Nexus community. Compensate Colin fairly and free him to innovate.

This is a brilliant point.

But how many alt coins were and are damn near funded 99 percent by the developers. Dam near 0. So it tells me funding may be there, but from more quiet sources, and or the developers are profitable people themselves and are reinvesting their profitability back into themselves because they trust their unique foresight/ intelligence/ and creativity. Truly brilliant minds I believe know how to stay profitable and reinvest their talents into future profitable projects.

But again, your point is brilliant. Glad you pointed it to future discussion.