Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
ShawnLeary
on 15/04/2014, 00:02:57 UTC

If you could not be bothered to read that.........


NAS distribution  is  WAY worse than Nxt's distribution. The giveaway means nothing in real terms.

Someone needs to release a nxt clone that does not allow 11 people to hold 71% of the coins.... how difficult can it be.

It is copy pasted post from other thread.
Sorry, I couldnt resist. I dont wanna newbies getting burned and got in pessimist vibe, when NEM is released.



Im pretty sure the distribution model is one of the main reasons newbies are drawn to NEM. I think in the long run for mass adoption of NEM - initial distribution most likely wont be of a conern as it is in the initial stages.

Anyone who invested a full bitcoin into NXT, which was only 4-5 people ($130 at the time) got around 47M NXT.  Valued at $6.5M a few times this year,  I'm 99% sure that 99% of their stakes have been distributed at this point.  Wouldn't you have already sold and quietly moved to Guatemala or Honduras by now? Cheesy