Post
Topic
Board Announcements (Altcoins)
Re: NEM Official Moderated Thread - Logo Voting Has Begun[Updates & Discussion]
by
rockethead
on 05/08/2014, 14:23:20 UTC

For example, Storj is trying to raise 9800 BTC and have already raised 590: http://storj.io/crowdsale.html
With funds like that, it should be possible to really do some incredible stuff that will change world economies.

I like the idea of crowd-selling something that is intrinsically value. I think that would give our movement a good name if we can raise funds while also giving people something worthwhile.

How about Mastercoin, they raised 6000+BTC

What now?

Mastercoin raised 6K+ BTC for the development of Mastercoin. NEM raised only 100BTC for its development. NEM has gone far and it shows that despite all these difficulties with hands tied, NEM has proven to be resilient.

In addition, Mastercoin had some problems technically with their design. Riding on an existing block chain wasn't a good solution. NEM is based on a clean sheet design. Hence there is less constraints and better control.

But I guess that is not the point. I believe we don't need 6K BTC coins. Even 1/4 of that will take NEM to a new plane.