Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
Eadeqa
on 15/04/2014, 04:52:22 UTC
NXT looks good, but is held back by the initial distribution to only 71 people...

This is nonsense, as far as I am concerned. Nxt IPO was open to everyone for 2 months. There were fewer people on the forum back then, and many were skeptical claiming it a scam. In one way that turned out to be a good thing as they didn't have to deal with sock puppets. That was back in Oct/Nov of 2013, and it's irrelevant now as there are somewhere around 25,000 nxt accounts with at least one nxt in them.  Nxt distribution is no worse than bitcoin where early miners still have vast majority of bitcoins.  It's not going to make a difference going forward. What matters now is current development, active developers, adding new features, making it more useful as a platform to wider audience, and active community. Just a quick look at the forum https://nxtforum.org/ and it's clear nxt have all these properties.