Quote from: Fatih-Brahman on April 02, 2014, 10:50:47 PM

Quote from: xtester on April 02, 2014, 06:59:57 PM

With all the noise created in the altcoin section it is really hard to figure what coins are promising, especially since the vast majority are just clones.

There are some interesting ones out there but the one that seems definitely the most promising at the moment is NEM.

Main reason being:
- Impressing technical aspects: 100% innovation written from scratch with new algorithm and many very promising features.
- Most fair distribution and best beginning of any coin. The coin has not even been launched yet but there are around 3000 stakeholders waiting to get their hands on the coin and do whatever it takes to get this to the next level.
- Brilliant dev team and great community. The dev team is putting a lot of hard work into every step of the development process and the results are already visible. The community is rapidly growing and is full of talent waiting to contribute to this interesting experiment.
- There will be no inflation for this coin since all the coins will be distributed at the beginning. So as the new features are unveiled and the coin gets more traction because of all the value it creates, price will probably skyrocket.

This is no get rich quick scheme or pump and dump coin. This is an interesting and long term project with an immense potential to become very big.

But don't trust me for my word, do your own research, make your own choice and see you in the NEM community.

P.S. Seems the price for a stake will maybe be somewhere north of 5 btc/stake right after the launch. As more people become aware of this New Economy Movement and its great potential you can guess what will happen.

Update: I will add that this coin will probably be competing hard with Nxt(which is very interesting and promising as well) but will have the enormous advantage of a fair and well organized distribution which could prove instrumental.

Very well explained.

+1

You dont see many great explanations around here. This is a great one!!!
Thanks for taking the time to break it down like you did.