Hi all,
[edit 02/MAY/2020] updated to mark first two items as done.
[edit 21/MAY/2020] marked community integration as done.
[edit 14/JUL/2020] new transaction engine system online.
[edit 14/JUL/2020] Tier 2 backoffice process in place.
[edit 10/OCT/2020] Nash leadership team considers Nash ready to focus on growth and growth focused development and capital expenditure, GA is here.
There is a few misconceptions going around so I just wanted to do a quick update on those topics.
Q:
What is general availability (GA) and how you will know GA is live ?
A:
GA is a marketing/business status for a product - not necessarily a technical step. Defining GA is a very hard task, for this reason businesses try to iterate and refine their products using several data streams and slowly invest in different marketing channels to discover which one works the best. As our community knows we have been doing this since September. When doing so, we learned that our customers satisfaction required additional developments, so we defined those as:
Bitcoin trading - to provide users the markets they wantAPI keys - to compete with the liquidity of CEXsTransfer improvements - a main pain-point of usersNash fiat ramp - since 3rd party providers couldn’t service to the requirements of users and the funding requirements of traders needing to move cash positions across exchanges in short time spansEasy KYC Tier 2 - so that high volume traders can easily enter Nash
All of those are on-time on their development and we are happy to communicate Bitcoin trading should be live for public testing together with MPC on the sandbox in the next 24h is live in the product.
Having all those developments live will not necessarily mean we are in GA, we are very confident that it will, but users might still be frustrated with some final details that we need to nail. You will see we are in GA when you notice a significant increase on marketing campaigns and deployment of liquidity capital, it will not be a single day thing - but a ramp up.
Q:
What are the next steps for the community?
A:
We will continue to invest and expand our presence on the community and the community integration with Nash. The Ambassadors program is an example: it will increase in size and get more structured on the next couple months. Another big change is that we will have discontinued the extension and integrated this forum with the Nash platform login - allowing people with at least 1 NEX staked to post on the forum.
You can be sure, the moment you login in this forum with your Nash ID, Nash and its Ambassadors network should provide you with enough information and material to bring your friends and family on board.
Best,