Quote from: Momimaus on August 05, 2014, 05:44:15 PM

Quote from: makoto1337 on August 05, 2014, 12:11:32 PM

If anyone keeps track of the progress and release of crypto 2.0 coins, you will notice that there are several promising projects that have been raising a lot of funds, among which are MaidSafe and Ethereum. Unlike these other projects, NEM was created without a large amount of initial funding, giving away most of the stakes for free or for trivial amounts of money. This is good, because it sets us apart from other coins, as a movement marked by equality of opportunity and solidarity without envy.

However, it is also important to realize that in order for NEM to reach its full potential, the community needs to come together and create a vibrant ecosystem that can meet the future needs of our users.

Towards this end, we are planning to prepare to work towards creating key projects required for a comprehensive ecosystem, with an emphasis on mobile apps and a fast, secure exchange, that will fully utilize our upcoming P2P asset exchange. To build this infrastructure, we need to raise funds to compete with the likes of MaidSafe and Ethereum.

Rather than centralize more power with the dev team, we are considering promoting a separate entity that would create and maintain several key ecosystem projects. To create this entity, we should have serious funding to hire full time programmers to work in parallel with the core dev team. This would help us to hit the ground at full speed, right at V1 launch.

If you have any ideas for good ways to raise significant funds (hundreds of BTC), please post them here. I am interested in what kind of thoughts and ideas people have.

You should be very careful. Plans to raise further funds can crash everything, cause people want out of NEM.

In my opinion you should release the coin. And after stabilizing at a price you can decide wether you want to sell development stakes, or do some fundraing for an explicit project.

Talking at this time about needing more money is almost as bad as spreading FUD.

We need good news, and we need the coin in the wallets of the people. We don´t need every possible feature at the beginning.

If the coins will be accepted, people will come to support the further projects.

It's important to work in parallel with development to create some key ecosystem projects. We have some specific plans at this point and a strategy. The only problem now is resources.

To be clear, this is for ecosystem dev, not the NEM core dev. NEM core dev has funding currently, thanks to UP's dev fund (though I wish we had a thousand BTC so some of the devs could go full time and speed things up).

People will soon lose interest and the price of NEM will crash after launch if there is not a comprehensive ecosystem in place.

So does anyone have any specific ideas on raising funds that are external to NEM core dev and for building an ecosystem?