Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
2Kool4Skewl
on 22/02/2014, 05:59:42 UTC
The development team did not sell NEM stakes or actively looked for passive investors during the fundraising;

Really?  What is this then?

"In the first 20 pages, stake spots are reserved only by showing "interest". After page 20, a fee has been introduced for late adopters. People who join after page 20 will still be distributed an equal share of NEM but they have to pay a fee to join in.

History of the fund raising :

-------------------------
First 20 pages   : free to join in
pages 21-30     : fee = 0.001 btc or  10nxt
pages 31-40     : fee= 0.002 btc or 20 nxt ;
pages 41-50     : fee= 0.004 btc or 40 nxt
page 51-60       : fee= 0.008btc or 80nxt
page 61-70       : fee=0.016btc or 160nxt
page 71-80       :fee=0.0025 or 250nxt
-------------------------

How to join after page 80. Two ways

1. Pay a fee to join in
    
    Send 300 NXT to the address      14343293611098709683
    Send 0.03 BTC to the address    1Lk5Paws9T1YpoSeLeZT7ZeSQKW7UNq4TJ

The fee to join in will be 350 NXT or 0.035BTC after page 90. The fee will be increased by 50NXT or 0.005BTC after every 10 pages until the fundraising is over."
- UtopianFuture 2014-01-19

This bitcoin address has 56.9 bitcoins.