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CategoriesSharesPercentages
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Stakeholder community distribution 2845 about 71%
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Pre launch public auction 155about 4%
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Development distribution to V1 completion 60015%
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Development reserve post V1 completion 40010%
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Total = 4 billion NEM4000100%
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Development to V1 completion categoriesSharesPercentages
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Core development40010%
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Promotion/ Marketting 1002.50%
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Ecosystem 1002.50%
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Explanations :
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- Development fund = initial fund raising + pre-launch public auction
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- Initial fund raising = 66.2 btc + 419,697 nxt (minus some refund)
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- External expenses = independent code audit ; bug tracker bounties; contractor salaries etc.
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- Development fund - external expenses = Development bonus
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- Development bonus is allocated proportionally to Development shares up to V1 blockchain completion
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Development reserve principles:
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- Released over time maximum average 10% every 2 months (after V1 blockchain completion)
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- Focus on important features, big projects and applications for example:
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private transaction mode
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encrypted social messaging system
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multi-signature implementation
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establish NEM using zones (street, shopping square, commune etc.)
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important ecosystem projects
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Note: Development fund, development reserve, and development shares do not belong to the community.
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They are under the control of the development team to best advance the NEM blockchain, NEM functionality, NEM widespread usage and community
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and they will be allocated under the above guidelines
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