Ninjastic
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Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
erkki12
on 17/02/2014, 07:51:40 UTC
Quote from: salsacz on February 17, 2014, 07:47:18 AM
Quote from: wici on February 17, 2014, 07:43:08 AM
Quote from: salsacz on February 17, 2014, 07:40:24 AM
So the IPO was ended after 27 days? And people had to pay more and more and more during that time? Nxt's IPO was 61 days long and everyone paid only 2 Satoshi for 1 Nxt on day 1 and also on day 61. So Nxt is still 6000x more fair than NEM Smiley

well if you registered first for NXT you got a bonus shares - witch was smaler and smaler, with NEM you payed more for the same amount. Same mechanic done other way around.
no, between September and November those nxt shares were the same. They were smaller after the 24th November

Well you can bitch about the IPO's, but the fact will be that the initial distribution of NEM will be fairer than NXT's. Why? there will be at least 1000+ unique users confirmed instead of 73. The market manipulation which has been horrible in NXT will not be possible therefore in NEM. And that will be fair IMO.