I would like to appreciate the importance of the feature Contacts which were just implemented in the MVP yesterday. I think this is one of the features, that if done correctly, will bring nash to its vision 1 bn. users by 2020. It is the feature which could drive the network effects beyond our wildest imagination. Remember platforms where people interact such as Whatsapp for messaging, Facebook for social networking and we will soon see Nash for payments.
I would like to share some of the key features that in my opinion could drive the adoption:
Extremely easy to request payment for someone who is not on nash yet. For example, if I owe someone 100 USD, I will send it to escrow wallet where only they will be able to claim it, but only if they create Nash account. Thus everyone can bring new users in just by settling with your friends. Welcome new users, you just tried how nash works.
Implementing splitting bills among your contacts with an immediate or future settlement. For now, I use Splitwise, but Splitwise will be obsolete if Nash implements the same features.
Some kind of social networking feature. For example, sending gifs with payments. The way LinkedIn is social network for businesses, couldn’t there be a meaningful social network within the finance sector? For example, closed groups of investors that hold a certain amount of an asset. You must hold certain amount a token to be admitted to the group – this would prevent spam and would promote the quality of the groups. Something similar to the Nash forum, which requires 1 NEX to be admitted and where certain topic (Nash) is discussed. Facebook promotes “free flow of information” but this does not work every time. Connecting value with social medias could be game-changer and another driver of new users.
Very easy finding and connecting with your friends without the need to fill in all the data (ie. Name, addresses) for them. Just one click connection.
I encourage others to brainstorm in this thread. Do you have any other ideas about how the contact feature could evolve in the future? How important do you see Nash contacts? How would you like the feature to evolve?