Great idea. Kudos to =makoto1337 and Rockethead. I have a question though how long will the silver and and gold crowd sale last ? I would buy some silver coins so I don't want to miss the deadline. One idea is to number the coins and run them as a limited edition so make them more attractive to collectors.
Yes. it's nice the the NEM community supports closed source companies.
I have few prejudices against closed source businesses as long as useful products are made. Coinbase, Bitpay, Bitfinex etc. have been extremely helpful to Bitcoin for example. Nevertheless, the business model has to be clear and private company should have its own private funding. I only speak for myself not for NEM community.
That is why we are doing the coin sale, so we don't have to use ecosystem funds.
To be honest, though, UP's original intention seems to have been to use some of the 200 stakes for ecosystem dev to create for-profit projects, as he proposed several himself, including an exchange. So it seems like we are going through lots of extra work for nothing, when we could just ask for free money.
However, I am one of the people involved and I thought that a crowd sale would be better than relying only on ecosystem funds. If the sale goes well, we won't have to go begging for money from other sources.
All this information about the legal entity AltNemo should have been made public as well as the true intention of the coin sale.