Post
Topic
Board Announcements (Altcoins)
Re: [NEM] Public auditing of stakeholder list
by
rusty_coin
on 08/03/2014, 14:54:17 UTC
I did some thinking about NEM fundraising process and imo here are the rules that presents the best spirit of the NEM fundraising:

1. Everyone could reserve 1 stake in his own account so that we have 1 account/ 1 stake rule.
2. Stakeholders could reserve  1 stake for his loved one. To do that he/ she has to create an account for that person and reserve a stake from the new account.
3. Everyone could tell their friends/ relatives to reserve a NEM stake. They could even send them the money to do so as long as these friends/ relatives are interested in crypto and NEMs.
 

"reserve a stake from the new account" is still the rule, "They could even send them the money " doesn't replace it.


You mean I definitely can't send nxt to friends for their stakes? I am a little confused with what you just said, sorry.

no, I don't mean that.
I mean that "reserve a stake from the new account" is still the rule.
In the statement that you bolded is still "to reserve a NEM stake". So also 3. item requires "reserve a stake from the new account" .



But is that not what we have done, he sent me the NXT to my wallet and then i reserved the stake with my own account?Huh

that is not my "business" to decide ...   



I don't make decisions either, but if you and Moloch are friends (not the same person), then it seems to me that you have a valid stake under rule 3. 

My interpretation of rule 3 is these conditions must hold:
1) Person A sends Person B money AND
2) Person A is not Person B AND
3) Person A is friends with Person B AND
4) Person B is interested in crypto AND
5) Person B claims a stake from their own wallet

If all above conditions are true, then you have a valid stake.