Sorry for that, I didn't mean to offend you.

As pat, has written, we were definitely talking about two different things.

So to clarify future discussion, there are two separate things:

• auction of ca 150 stakes
• unclaimed stakes - those WON'T be auctioned

We need some time to discuss it with rest of devs, but what I'd like most, is that this should be
governed by community, as we definitely want community involvment.


But again this "unclaimed fund", would most likely adhere similar rules as promotion/ecosystem/dev, (slow release using Nem Business Rules)

Or dump less nem given that they may potentially be more valuable.

I think it's important that regardless whats decided, we also stick the original plan in every regard (That is, the plan before UP left). If there's any deviation, it'll open things up to debate - and to trolls - and unnecessary smear.

I would like to see a huge pile of NEM get into the hands of average joe without them paying for it,this will make the stakeholders mad since they had to pay for it but average joes won't be spending money to buy NEM when they are not sure about it. Isn't the goal of NEM to help people achieve financial freedom? The more people that have it the greater chance NEM will succeed which will increase the value for the stakeholders.

A lot of coins like Dogecoin and Redd tried tipping to do what you suggest, I think it brought more bad than any good.

I was thinking that when NEM does presentations, hand out paper wallets to people that seem interested and have never used crypto before, samething for our co-workers, friends, neighbors or whoever (even the poor and the under-privileged).

Please don't try to destroy the unclaimed stakes. I think it will be a self-destructive button. Either
-Send them over to the dev's funds, so that NEM is passionately developed by the devs, or
-Equally distribute among the people who claim their stake.

These two are the only two ways of maintaining the value and integrity of the coin and the community.

Also there is another way- Why not send 50% of the unclaimed stake to the dev's funds and the remaining 50% be equally distributed among all the people who actually claim their stakes( And this should also apply to NXT AE stakes- which shows fairness towards all the people who have invested and believed in the coin before any actual software release).

Regarding the destruction and charity-These options are just plain nonsense in my point of view.

Hello everyone.
I was following the thread and have seen lot of debate about unclaimed stakes
in early stage.
Here are the options so far exposed by some of the member in this thread:


1) destroy unclaimed stakes
2) add unclaimed stakes to development fund and use for development marketing after V1 phase
3) redistribute between all stake holders in equal shares
4) acution the unclaimed stakes and use the BTC for development and marketing after V1 phase

I have following opinions about them:

1) Is the short term value all we care about?
   why destroy it just to have short term gain would not be better to use this NEM
   for other things real life projects and help people to improve their lives.
   I thing it would be nice to have voting on NEM funds usage so comunity members could propose project ideas,
   vote about this projects and decide what for this NEM could be used.

2) This is good if we can have full time development team dedicated to NEM development
   is one of the options that I would accept for example fund nem startups that will develop
   software services for NEM ecosystem.
   Also this way dev team does not need to beg for donations.


3) I think this would be fair and hope that will motivate stakeholders to engage more
   in NEM community but on the other side I'm afraid this could also have a different outcome
   as majority  will receive something for nothing and could dump it.

   Fellow NEM stake holders
   this was call for participation an not an IPO and YOU are called to participate not just watch and wait.

   How to do this:
   talk about NEM to your friend and relatives
   spread the word out
   invest NEM in some real business
   start a business that uses NEM
   help the developer team to code services around NEM
   (design, translate, write,code)
   do other thinks that you are good at to add value to NEM.
   
   
4) I think is good to and could raise the value of NEM also the fund could be used like
   in option 2)


Actually I find only option 1 bad and all other options seems good to me.
Maybe we should put on vote this options mentioned here and let to community decide about the outcome
but I thing this should be when time comes now is still early for this things.

Best regards,
      freigeist

Out of all the things I wrote, you only qoute this line of mine??
First, It is far more easy to destroy something than actually creating that thing.
Secondly, It is far too early to think about charity before the full working software release - "A house doesn't stand on sand, It needs a strong foundation to stand upon". First we need to build a single storey upon the foundation before thinking about the 2nd storey atop.
Once everything is all up and firing, we as a community can think of something about charity if a majority of holders agree. Note: I myself support the charity option but clearly do not as in the current moment.

^^First one looks appealing