Post
Topic
Board Announcements (Altcoins)
Re: [ANN] NEX :: Nxt Reimagined - Industrial Strength - Imagine Fairness!
by
FrictionlessCoin
on 18/02/2014, 14:45:54 UTC

Do you mean 50 million for NXT? So 45 million split between the 'interested' stakeholders'? How many stakeholders are there currently? Will the stakeholder list be updated soon, my email hasn't appeared there yet.
The minding/forging stuff sounds pretty interesting! Three weeks is pretty soon; will there be a wallet/client and an exchange by then or..? Also, how will the coins be delivered?

Thanks, sorry for all the questions!

45 million TBD.   At a minimum, 5 million split among interested stakeholders... this involves
(1) Sending your email
(2) Referring people using the referral link
(3) Liking on Facebook  http://www.facebook.com/NEXcoin
(4) Following on Twitter. http://www.twitter.com/NEXcoin

Each one counts for more stake.  Note: (1) and (2) must come from different people.

A wallet will be made available to receive coins.  



what the meaning of TBD?

TBD - To Be Determined
Why the TBD is so large?

The cost to maintain a secure and robust P2P network can become very expensive.  45 milion is less than 5% of the total distribution.   Consider the cost of development and infrastructure,  then this is a better alternative than many of the alt-coin that have have been abandoned due to lack of development and maintenance.  If NEX is to be the most advanced Crypto-currency then it absolutely needs ongoing development.

We are familiar with this problem of not receiving enough funds for development.  We maintain iXcoin development and it has always been a problem raising coin to facilitate improvement of the coin.