Re: NEM Official Thread - Crowdsale has begun[Updates & Discussion]

I have done some reaserch and i found that NEM is the best IPO because there are many people join the IPO and this is the most fair coin

i will join the community

You`re right NEM had an awesome Ipo. When will be held the auction?

no set date yet.

if beta will be out in september you must hurry up with auction

Why is that ?

only 25 days left

i think that for good ann of auction and auction we need 2 weeks

would there even be enough demand for an auction? the auction idea was conceptualized long before trading on the AE started.. everyone who wants nem has since bought on the AE so demand for an auction could be really low.. if >100 stakes were to auctioned off the demand could be so low that highest bids fall below market price, thus making it worth while for people to sell there stakes to buy at auction causing a price crash.. an auction should only be done imo if enough demand is there for one. tbh, i dont think there is enough demand.. not even close for the original amount of auction stakes being 155 or something..

I'd say to skip the auction. Allocate the auction stakes for development. Sad now, happy later. You can also use some of the stakes for increased bounties, small giveaways, etc.