Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
mladen00
on 13/05/2014, 21:47:25 UTC
It sounds like a lot but further ongoing development is not going to be cheap. Marketing costs an arm and a leg these days. Having looked around forums there is no end to people pissed that they have to keep parting with their own personal $$$ to pay for such.


There are two different things:

Developer's fund 10%
And development fund 25%

Total 35%

I am assuming developers will get the 10% at launch. If they start selling large chunk, the prices will come down. 10% is 400 million  Nem

The "development fund" is 25% for future use. ( that's 1 billion Nem)

Am  missing something here?






1 billion for dev founds
3billions to stakeholders (1000000 NEM for 3000stholders)