I am of the opinion that it may not be a very wise decision to launch NEX in what appears to be a bear market, especially with players like BAKKT delaying their entry into the crypto space.
If NEX launches now, regardless of the quality of the exchange, volume/liquidity would be predictably abysmal. Interest in crypto isn’t particularly great at the moment, as retail investors continue to exit the space. Perhaps we are yet to see capitulation.
Maybe we need to be less rigid, more realistic and exercise patience with the NEX team. Even if all is set for launch, I think there’s no urgency right now. Let the team choose a strategic timing (early next year?) and this would involve observing both the market and competitors. The waiting period could also be time to polish off any rough edges.
Just a thought…