Re: [NEM] NEM -New Economy Movement - No Envy Movement

After NEM's launch, the initial stakeholders only have two options, hold or dump. We can give them one other option, spend.

Crowd-funding sites are very popular right now. If we use Kickstarter as an example, it's global rank is 822 and it's rank in the US is 387. Kickstarter has several limitations.

-Only project creators from certain countries are permitted.
-Charity and awareness campaigns are prohibited.
-Projects must fit within one of 13 categories.
-High fees, they take a 5% cut of the pledged funds plus Amazon Payments get 3-5%.
-You are only backing projects, the terms and conditions do not allow investment returns (no movie distribution rights or dividends).

We could create our own crowd-funding site based on NEM, without these limitations. Project creators from all countries will be welcome and they will have the option of offering dividends. The fees will be lower.

Our NEM crowd-funding platform could be the first "company" on the Asset Exchange. For now let's call this company "NEMfunder". The fee will support the operating costs (administration, marketing, hosting, etc) the remaining profit will be distributed to NEMfunder shareholders.

Instead of just saving or selling their NEM, the stakeholders will now be able to buy shares of NEMfunder. If your plan is to hold NEM, a better option might be to buy some NEMfunder shares. Owning NEMfunder shares denominated in NEM will give you leverage. In the future, if the value of NEM increases threefold and the NEMfunder share price doubles the value of your NEM holdings would multiply by 6 times.

If we issue 10,000,000 shares, it may look something like this:

NEMfunder total shares= 10,000,000
70% internal shares= 7,000,000 (80% for employee salaries and 20% expansion fund)
30% external shares= 3,000,000 for public offering issued on the NEM Asset Exchange.

Employees of NEMfunder will receive internal shares. We will be needing developers, marketers and a stay-at-home CEO. Anyone on the NEM dev team is invited. To add to the credibility and momentum of this IPO, anyone in the NEM core team is invited.

To get this going I registered www.NEMfunder.com and www.NEMstarter.com (also NXTfunder.com, in case our neighbor NXT likes it).

What is the next step to bring NEMfunder into existence?

Good idea, but we already have fund.nemcoin.com.

NEMstarter has a good ring to it, if nothing else it could always forward to fund.nemcoin.com
A note: Currently fund.nemcoin.com is just a placeholder site. We still need a developer to create a REAL crowdfunding site that will accept currency and have the required security features, etc. Once someone creates a better site, it will take the subdomain of fund.nemcoin.com, and the current site will cease to exist.
It's my understanding that there are no developers currently working on a crowdfunding type site for NEM, so the position is still open!

Sounds great...
I like the sound of Nemstarter.com.

If NEMstarter sounds better, we can go with that.

What I am proposing is a virtual company listed on our Asset Exchange. Being a virtual company, NEMfunder will have less restrictions than the other funding-type businesses. The operation can be more flexible.

NEMfunder will be a global funding platform for any project, it's currency is based entirely on NEM (think Kickstarter + SharkTank + NEM - fiat). Entrepreneurs, small businesses, anyone can use our funding platform to raise NEM for their project. They also have the option to offer equity or financial returns in NEM.

To get NEM established as a currency, we must take fiat out of the equation. We should think of new ideas and businesses solely in terms of NEM. Let the exchanges and gateways handle the fiat<-->NEM conversions.