Team staking tokens

Heya @canesin!

I was curious if the team is planning on staking any of (part of) its tokens or is this up to the individual founders to decide? What about the unsold tokes that were returned to the company fund after the ICO concluded?

Cheers! :nash_n: :nash_token: :nash:

Is up to each founder, but the founders will certainly be staking majority of their tokens. How much and for how long is a personal decision and not something the company will force (founders received the tokens as dividends from equity and unfortunately this distribution event is usually taxable, so some founders may need to sell a portion to cover tax). Nash founders live in different countries with different tax regimes and different costs.

The unsold tokens are assets of the company and Nash has it as free floating, the company doesn’t need to do staking since it receives the fees of tokens not staked, this allows the company to either receive more fees if prices goes up or execute higher prices if circulation goes down. This is a important part of the economics of the token since if price appreciation is fast people is compelled to not stake and the company directly benefits from that by receiving more fees, more fees is more capital to improve and expand products. We worked very hard to have a simple and sound economic setup that results in a positive feedback loop to the company and investors in both high and low staking scenarios.


This is a brilliant model as well very good economic experiment. It would be great to see how the experiment plays out.

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Fabio I had one follow up question on the token economics. If tomorrow Nash is not able to accumulate revenue as expected(Due to large amount of investors staking the token ) how is Nash going to manage the expenses?

Considering a hypothetical scenario that Nash needs money for its expansion and its urgent as Nash wants the money for some expansion or strategic investment in a technology, how does Nash plan to raise money. Is there a planning to consider a sereis A type of round which the normal start ups conduct or anything similar on these line?

There are several avenues to raise capital, as communicated we do not plan to perform that for the foreseeable future, we are open to traditional equity raises like series A. There is no plan for that currently but is not a closed door.

Why still pursuing this matter even when the founders have told us repeatedly that the company has enough financial resources for the next few years?
If Nash grows steadily, there probably would be no need to raise any extra funds. Imagine doing Binance or even Coinbase or Kucoin volumes within the next couple of years. That’s decent profit for Nex holders and the company.
So, instead of looking for another funding round, hold/stake your Nex and pray that the Nash platform succeeds.

The Nex token metrics and economics is brilliant. All that is required now is a live platform that continues to improve and is well received by users. The team is doing everything right and I am optimistic :crossed_fingers:

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yes agreed. let’s close this thing here.

What I don’t understand is how two of your companies information fit together.

  1. Token of founders are “locked in a smart contract. Out of circulation: slow release over 2 years”. (see sales advertising)
  2. “To qualify for participation payments, the NEX tokens must be blocked for a certain period of time (staking)”. (see ‘Wertpapierprospect’)

How can you use the mandatory staking contract if your tokens are locked in another smart contract? Or can you use 2 contracts in the same time?


They will be locked in the same contract, fulfilling both conditions.

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