I am in favor of the proposal however I'd rather see a win-win situation for both the community and the NEM devs by pegging and thereby limiting the amount that devs can arbitrarily reward themselves each year to the rise in market cap. Let's say a year runs from January 1 2015 to January 2016, compare the market cap on both data, say it has risen 40m, let's peg it to 0.5 percent, which means devs can reward themselves 200k all throughout 2016. This way we won't risk moral hazard situations and suspicion from the community. Let's peg it to the amount of the rise of market cap at say 0.5 percent maximum. That way we all win and devs have a little extra incentive to perform well.
Just as a side note: the devs (i mean the coders) will not get payed from the legal entity for coding.
NEM software developement and the legal entity are different things.
I was noticed that there might be a misunderstanding of my statement.
First of all i can of course only speak for myself and not the other core devs.
Right now i am occupied developing catapult and have no time for doing additional things for the CLG like train people, marketing or other stuff. So i expect no payment for anything like that.
Of course we have people developing the smartphone apps and new wallets and they need to get paid just as they get paid now.
