NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs

[SCAMcoinTalk]

Is it true that XEM has been initially distributed via Airdrop? There was no ICO, some private sale or similar?

Part of it was Airdrop. Part of it was 'given away' for a 'nominal donation' so read that as you will. But it wasn't like a typical ICO where you get more tokens the more money you put in - the initial NEM distribution was all based on Stakes and those were given to people in this forum based on unique usernames.

http://explorer.nemchina.com/#/s_block?height=1

Who were the 5 lucky ones that got 4 725 000 206 XEM or 52,86% of the "airdrop" ?

What is the current circulating supply?

If CoinMarketScam ( https://coinmarketcap.com/currencies/nem/ ) is correct: 8 999 999 999 XEM, it's the most greedy PoS scam project ever, with only 61,363,334 XEM or 0.686% earned in almost 3.5 years.

[EggieR]

Hi guys. Tell me, please, otherwise I do not understand how I can check the checksum. Explain in detail.

[KloNEM]

Wow XEM @ 0.10 cents now is the time to buy 

I'm afraid - very afraid - that 0.10 cents is still not the ATL (this year) . Now we're at 0.0975 and still tanking (a little bit). But for how long and how deep could we go? This is really "one million question". But - and I'm afraid again - it mostly depends on BTC and global cryptomarket sentiment, and - in the opposite - almost doesn't matter, how active or invisible is (not just) marketing activity around NEM.

I'm still believing - or try to believe - that IV. quarter of this year will be better, much more better for us. But, to be honest, my faith is now really not so strong, as it was during the spring.

[tbandy]

I am in your same boat my friend, oh I remember good old days when XEM top at @ $2.09 I really regret not having sold out at that time

[KloNEM]

Interesting article there :

https://www.investinblockchain.com/top-cryptocurrencies-working-products/


They're probably right in global, but during the reading, I said to myself: "Why the hell there is PIVX or ARDOR, and no NEM, no DASH?". Two people in the comments mentioned NEM, editor answered:

NEM was a tough decision. While there are projects and uses for it now, the focus on upcoming updates such as Catapult made it feel just shy of where the team wanted it to be.

Hard to say, if he's right or not. But my point is another one: In the discuss just two people mentioned NEM (as a working product), but on the contrary around fifty people crying for Dash. I'm definitively not infering from that, that Dash is better platform than NEM (I'm NEMster hodler and have no single coin of Dash), just thinking about the "world spread and popularity". Few months ago, we were above Dash on CMC. Several months ago, we were in TOP5. Do you remember ?

[tbandy]

Maybe NEM need more community push !

[tbandy]

Interesting article there :

https://www.investinblockchain.com/top-cryptocurrencies-working-products/


They're probably right in global, but during the reading, I said to myself: "Why the hell there is PIVX or ARDOR, and no NEM, no DASH?". Two people in the comments mentioned NEM, editor answered:

NEM was a tough decision. While there are projects and uses for it now, the focus on upcoming updates such as Catapult made it feel just shy of where the team wanted it to be.

Hard to say, if he's right or not. But my point is another one: In the discuss just two people mentioned NEM (as a working product), but on the contrary around fifty people crying for Dash. I'm definitively not infering from that, that Dash is better platform than NEM (I'm NEMster hodler and have no single coin of Dash), just thinking about the "world spread and popularity". Few months ago, we were above Dash on CMC. Several months ago, we were in TOP5. Do you remember ?

Yes I just followed your link and you are right they're no even mentioned NEM ... Sad

[gentlemand]

Interesting article there :

https://www.investinblockchain.com/top-cryptocurrencies-working-products/


They're probably right in global, but during the reading, I said to myself: "Why the hell there is PIVX or ARDOR, and no NEM, no DASH?". Two people in the comments mentioned NEM, editor answered:

NEM was a tough decision. While there are projects and uses for it now, the focus on upcoming updates such as Catapult made it feel just shy of where the team wanted it to be.

Hard to say, if he's right or not. But my point is another one: In the discuss just two people mentioned NEM (as a working product), but on the contrary around fifty people crying for Dash. I'm definitively not infering from that, that Dash is better platform than NEM (I'm NEMster hodler and have no single coin of Dash), just thinking about the "world spread and popularity". Few months ago, we were above Dash on CMC. Several months ago, we were in TOP5. Do you remember ?

Fucking ridiculous. It's had a working product for longer than the vast majority of coins. I haven't heard of many of them.

[jyrvalor]

Is it true that XEM has been initially distributed via Airdrop? There was no ICO, some private sale or similar?

Part of it was Airdrop. Part of it was 'given away' for a 'nominal donation' so read that as you will. But it wasn't like a typical ICO where you get more tokens the more money you put in - the initial NEM distribution was all based on Stakes and those were given to people in this forum based on unique usernames.

http://explorer.nemchina.com/#/s_block?height=1

Who were the 5 lucky ones that got 4 725 000 206 XEM or 52,86% of the "airdrop" ?

What is the current circulating supply?

If CoinMarketScam ( https://coinmarketcap.com/currencies/nem/ ) is correct: 8 999 999 999 XEM, it's the most greedy PoS scam project ever, with only 61,363,334 XEM or 0.686% earned in almost 3.5 years.

Here you can see the final distribution statistics and explanation of the various funds nem has:

https://docs.google.com/document/d/1TKTIakxUEotmTN4Et80EI7d-8XifgFZ4aBUGAukgLfY/edit#

And here is the rich list with the different fund addresses named:

https://nemnodes.org/richlist/

[LemonAndFriesOne]

For record, UtopianFuture was a dark part of NEM history.

Do not repeat that dark part.

[nzminer]

Interesting article there :

https://www.investinblockchain.com/top-cryptocurrencies-working-products/


They're probably right in global, but during the reading, I said to myself: "Why the hell there is PIVX or ARDOR, and no NEM, no DASH?". Two people in the comments mentioned NEM, editor answered:

NEM was a tough decision. While there are projects and uses for it now, the focus on upcoming updates such as Catapult made it feel just shy of where the team wanted it to be.

Hard to say, if he's right or not. But my point is another one: In the discuss just two people mentioned NEM (as a working product), but on the contrary around fifty people crying for Dash. I'm definitively not infering from that, that Dash is better platform than NEM (I'm NEMster hodler and have no single coin of Dash), just thinking about the "world spread and popularity". Few months ago, we were above Dash on CMC. Several months ago, we were in TOP5. Do you remember ?

Fucking ridiculous. It's had a working product for longer than the vast majority of coins. I haven't heard of many of them.

It sure is crazy how they dont even want to mention us, we should keep on their back and tell them about all the projects using NEM right now.

[jyrvalor]

Nem Foundation hard at work all around the world:

https://forum.nem.io/t/nem-foundation-update-august-22-2018/18976

[nzminer]

More good news, we rank #6
https://www.rise.global/blockchain-100 

[fragout]

Is it true that XEM has been initially distributed via Airdrop? There was no ICO, some private sale or similar?

Part of it was Airdrop. Part of it was 'given away' for a 'nominal donation' so read that as you will. But it wasn't like a typical ICO where you get more tokens the more money you put in - the initial NEM distribution was all based on Stakes and those were given to people in this forum based on unique usernames.

http://explorer.nemchina.com/#/s_block?height=1

Who were the 5 lucky ones that got 4 725 000 206 XEM or 52,86% of the "airdrop" ?

What is the current circulating supply?

If CoinMarketScam ( https://coinmarketcap.com/currencies/nem/ ) is correct: 8 999 999 999 XEM, it's the most greedy PoS scam project ever, with only 61,363,334 XEM or 0.686% earned in almost 3.5 years.

Here you can see the final distribution statistics and explanation of the various funds nem has:

https://docs.google.com/document/d/1TKTIakxUEotmTN4Et80EI7d-8XifgFZ4aBUGAukgLfY/edit#

And here is the rich list with the different fund addresses named:

https://nemnodes.org/richlist/

It would be grand if they only followed through with what they initially planned but the silver coin plan has had only silence or excuses for years now. At least the fund is still there, so there is some hope.

  2.1.2 Silver Coins for Distribution to Initial Stakeholders
Based on community consensus, physical silver coins will be minted and distributed to initial NEM stakeholders.

The silver coins shall be distributed as an asset (colored coin), effectively giving all initial stakeholders a parallel, silver-backed digital currency that shall reside on the NEM blockchain. To claim one physical silver coin, one whole silver coin asset is needed.

Note: The execution of the silver coin project is not guaranteed and will only proceed providing that XEM market cap and liquidity are sufficient to cover the expenses with the allocated stakes. If this condition is met, all initial stakeholders will be issued their silver coin asset. If the allocated stakes do not reach a high enough value to fund the project (to pay the mint and cover all costs [shipping costs etc.]) until V1 is released, the complete fund will be transferred to the community fund. "A high enough value" can not be exactly fixed at this time, but to get a feeling: it is estimated that the fund should reach at least USD 260,000 to be successful.

[gentlemand]

I don't think there's a reason to start this discussion again.
Everything has been said about that.

Except absolutely nothing's been decided or resolved.

It were a silly idea to start with. It should've been strangled at birth. Anyway, others will settle its fate eventually. I'm an initial stakeholder but have zero feelings regarding those funds.

[Alterberg]

This project seems to me to work without stopping from its very beginning, is it not so?

[Big Naturals]

I don't think there's a reason to start this discussion again.
Everything has been said about that.

Except absolutely nothing's been decided or resolved.

It were a silly idea to start with. It should've been strangled at birth. Anyway, others will settle its fate eventually. I'm an initial stakeholder but have zero feelings regarding those funds.

Either fulfill the details of the silver coin plan, or use the funds to top up the supernode bounty fund and add a tapering period where the reward reduces gradually over 12 months, to prevent the supernode system ending abruptly with a catastrophic drop in supernode numbers. All the coins locked up in supernodes getting liquidated at the same time could be a coin killing event.

[SCAMcoinTalk]

Is it true that XEM has been initially distributed via Airdrop? There was no ICO, some private sale or similar?

Part of it was Airdrop. Part of it was 'given away' for a 'nominal donation' so read that as you will. But it wasn't like a typical ICO where you get more tokens the more money you put in - the initial NEM distribution was all based on Stakes and those were given to people in this forum based on unique usernames.

http://explorer.nemchina.com/#/s_block?height=1

Who were the 5 lucky ones that got 4 725 000 206 XEM or 52,86% of the "airdrop" ?

What is the current circulating supply?

If CoinMarketScam ( https://coinmarketcap.com/currencies/nem/ ) is correct: 8 999 999 999 XEM, it's the most greedy PoS scam project ever, with only 61,363,334 XEM or 0.686% earned in almost 3.5 years.

Here you can see the final distribution statistics and explanation of the various funds nem has:

https://docs.google.com/document/d/1TKTIakxUEotmTN4Et80EI7d-8XifgFZ4aBUGAukgLfY/edit#

And here is the rich list with the different fund addresses named:

https://nemnodes.org/richlist/

Current rich list says nothing, 'cause it's too easy to redistribute the coins.

So, it's Sustainability Fund, Marketing Fund (Launch/V1 Reward), Operational Costs Fund I, Pre-V1 Fund & Post-V1 Fund.

And Sustainability Fund got about 24% or more than 1/3 of Stakeholder Community Distribution because of sock puppets and unclaimed stakes.

And who controls the above mentioned funds?

[jyrvalor]

Is it true that XEM has been initially distributed via Airdrop? There was no ICO, some private sale or similar?

Part of it was Airdrop. Part of it was 'given away' for a 'nominal donation' so read that as you will. But it wasn't like a typical ICO where you get more tokens the more money you put in - the initial NEM distribution was all based on Stakes and those were given to people in this forum based on unique usernames.

http://explorer.nemchina.com/#/s_block?height=1

Who were the 5 lucky ones that got 4 725 000 206 XEM or 52,86% of the "airdrop" ?

What is the current circulating supply?

If CoinMarketScam ( https://coinmarketcap.com/currencies/nem/ ) is correct: 8 999 999 999 XEM, it's the most greedy PoS scam project ever, with only 61,363,334 XEM or 0.686% earned in almost 3.5 years.

Here you can see the final distribution statistics and explanation of the various funds nem has:

https://docs.google.com/document/d/1TKTIakxUEotmTN4Et80EI7d-8XifgFZ4aBUGAukgLfY/edit#

And here is the rich list with the different fund addresses named:

https://nemnodes.org/richlist/

Current rich list says nothing, 'cause it's too easy to redistribute the coins.

So, it's Sustainability Fund, Marketing Fund (Launch/V1 Reward), Operational Costs Fund I, Pre-V1 Fund & Post-V1 Fund.

And Sustainability Fund got about 24% or more than 1/3 of Stakeholder Community Distribution because of sock puppets and unclaimed stakes.

And who controls the above mentioned funds?

Too easy to redistribute the coins? Just use the blockchain explorer to verify what ever you need about the funds.

All the accounts are controlled by members of the nem team. They use nem's native multisig to ensure that nothing can be moved without at least 5 different people agreeing to do so.

If the devs wanted to scam people why didn't they exit in december when the combined funds were worth over 7 billion usd?

[LemonAndFriesOne]

ALL INITIAL ACCOUNTS WERE FUNDED FROM THE GENESIS ACCOUNT.

More weak FUD