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Author Topic: Let's discuss the management of the bounties, the Nxt development...  (Read 577 times)

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Offline abctc

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Nxt stakeholders clearly need to organize the management of the bounties, the Nxt development and so on.

Nxt stakeholders (>1M), please post your thoughts here.
All other posts will be deleted by moderator without warning (unfortunatly the trolls exist everywhere).
All the stakeholders willing to participate at this topic need to put their stockholder's tokens into their forum signature (see one possible example in my signature).
That token will prove their stakes.

It is very easy to make your stakeholder's authorization token:
1. Open your Nxt account;
2. Press small lilac key near your account numbers;
3. Type your nextcoin.org forum name into "Website" field and press the button "Generate..".
4. Copy the Authorization token (the hexadecimal string) into your forum signature.
That's all.

The authorization token can be decoded with request:
http://localhost:7874/nxt?requestType=decodeToken&website=YOUR_FORUM_NAME&token=YOUR_TOKEN
Please consider putting this request in your signature instead of plain authorization hexadecimal string.
« Last Edit: December 15, 2013, 09:56:56 AM by abctc »
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Offline abctc

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Re: Let's discuss the management of the bounties, the Nxt development...
« Reply #1 on: December 15, 2013, 08:55:15 AM »
I think we all understand that Nxt needs a lot of funding for further development.

One quote for a start:
...
 I didn't commit to any specific actions when I sent in my BTC back in September - I'm not so much a stakeholder as an investor/gambler. I'm grateful to those users who are actively doing things to support NXT, but was there an agreement we signed? Everyone is following their own self interest.

My intention is to wait until the NXT exchange is finished and then enter the market. I'm not going to be a hoarder.

It is quite obvious, that many of original stakeholders won't spend their stakes despite all threats from the creator. They'll simply wait. So we need to find another ways to collect the funding for development. I have one thought, but, please share your opinion on this matter too.
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Offline opticalc

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Re: Let's discuss the management of the bounties, the Nxt development...
« Reply #2 on: December 15, 2013, 11:13:59 AM »
Wow. hes grateful?  He may be dumb enough to believe his own lies but we arent.  ::)
NXT donation acct: 6666386410

Offline abctc

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Re: Let's discuss the management of the bounties, the Nxt development...
« Reply #3 on: December 15, 2013, 12:29:41 PM »
I think his selfishness is not a question, the question is how to fund the Nxt development.

Obviously, a few current donors can not afford to fund all necessary development. CfB confessed here, that he and his employees are being paid for their work by BCNext. Of course it can not last long.

21 BTC is not a huge sum, and BCNext said in the original thread, that he would send only 1 BTC to the genesis address, and that he had not a lot BTC to spend (when some guy offered an exchange for 100 BTC). May be that is why BCNext is so angry? And we must understand him. We need to find a way to collect a funds for a long term development. 
I think this must be some form of investment, otherwise it is impossible to stir up an lurking stakeholders, or to attract new investors.
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Offline mripper

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Re: Let's discuss the management of the bounties, the Nxt development...
« Reply #4 on: December 15, 2013, 07:31:15 PM »
I think it's perfectly fine if the block founders don't want to sell until the exchange is ready, it's their decision to make.  Nxt isn't officially launched yet and if I was a block founder, I would also wait until launch.  The currency is 3 weeks old and there is plenty of Nxt to buy if interested.  I don't this should frustrate BCnext or anyone for that matter.

Also, I've noticed more distribution among top accounts via block chain explorer in the last week, which is great.  Think of this way.  If all block founders were selling large amounts of Nxt at a cheap price, we would have several 1-3M Nxt hoarders and ultimately the same problem.  I'm actually glad the potential hoarders is limited to 73 block founders (20 founders in reality).  When demand picks up, client is officially launched, source code is released, the block founders will start selling.

In my opinion, for Nxt to be a healthy, vibrant, and fair currency, the top account holders would have around 5-7M Nxt maximum.

Moving onto the topic at hand.  I think it's very important that we have a fund for development projects.  I have personally donated to several individual developer projects, and giveaways.  I don't believe in paying for marketing, branding, etc... at this point.

I would propose that we start a BTC and Nxt fund.  The BTC fund will be used to buy Nxt from willing block founders for the specific purpose of development and hopefully at a discounted cost.  The Nxt fund will go directly to developers of various projects and authors of instructional guides, etc...
o7d9uocau4uuuan9e5digksr79b6l6sqslkb8u64mqfqq5843fbq4qfh87hik800g84v0um5cvtvtmoh0af1647rhfl76f9mv5jsor1mnq70te8n08q6ahhqejr1hukibjvmer5kocgbj50r5d2f7gt8lkpvr0s6

Offline ferment

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Re: Let's discuss the management of the bounties, the Nxt development...
« Reply #5 on: December 16, 2013, 01:37:06 AM »
I would propose that we start a BTC and Nxt fund.  The BTC fund will be used to buy Nxt from willing block founders for the specific purpose of development and hopefully at a discounted cost.  The Nxt fund will go directly to developers of various projects and authors of instructional guides, etc...

This is a nice compromise as they still get a return.

In leiu of a bounty, I would love to buy NXT at a discount for the work I'm doing with building a network of dedicated nodes and tools.

-Ferm
« Last Edit: January 03, 2014, 03:01:07 AM by ferment »
nxtbase: public nxt nodes
donate nxt: 11243542237777034551
send 3000 nxt to sponsor a node for 3 months!

Offline opticalc

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Re: Let's discuss the management of the bounties, the Nxt development...
« Reply #6 on: December 16, 2013, 02:45:37 AM »
I would propose that we start a BTC and Nxt fund.  The BTC fund will be used to buy Nxt from willing block founders for the specific purpose of development and hopefully at a discounted cost.  The Nxt fund will go directly to developers of various projects and authors of instructional guides, etc...

This is a nice compromise as they still get a return.

In leiu of a bounty, I would love to buy NXT at a discount for the work I'm doing with building a network of dedicated nodes and tools.

-Ferm
auth token

Wow, as a non original stakeholder id love me some discounted NXT as well!
NXT donation acct: 6666386410

Offline klee

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Re: Let's discuss the management of the bounties, the Nxt development...
« Reply #7 on: December 18, 2013, 12:08:54 AM »
Just managed to add my token in my signature!

neer.g PMed me @btctalk reminding me his post:
https://bitcointalk.org/index.php?topic=345619.msg3933031#msg3933031

Also buybitcoinscanada is willing to contribute too.
Hash is offering 0.5M here: https://nextcoin.org/index.php/topic,637

In the same post I am talking about me too.

Just wanted to have in one post all these info, too tired now to discuss in depth. I will try again to reply properly tomorrow...
 
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