We got info 15.5 - MVP (which is internally defined as funds management + exchange + fiat on/off system) is expected to be publicly available in less than one quarter (three months). -> 15.8.2019 last day of possible launch.
referral program delay from 17.6.2019 to 26.12.2019 (but there is some info about launch because we got " We hope this move gives new users months of solid experience with Nash" - launch must be few mounths available before referral end.
2Q meeting will be 27.7.2019 (maybe with some info about launch or with some statistics from exchange if will be live) - my opinion
Let’s be honest, these quaterly meetings are only required to :
1/ Create some hype
2/ Give a bone for the hodlers to munch on
For instance, look at BNB : do they need to stage quaterly meetings? NO, if an important information shall be passed on, a tweet from CZ is always enough…
What makes me believe that the MVP might only go live after 27 August
In that post on the forum, Fabio was reiterating what he said at London event on the 27th of April. So launch is expected within 3 months of that date, not May. --> 27th of July
Waow. I always try to be constructive, especially on this forum since I’m quite invested in Nash. But you got to face it, that’s really poor management on your part.
To be honest I don’t care at all about the lottery itself (I consider my chances of winning to be close to none). However I’m just disappointed - like a lot of us I think - that the one event we can hang on to gets delayed in such a manner and at the very last minute!
Don’t tell me you didn’t know 2 weeks ago that the referal program would be extended. I don’t believe you.
…
To look on the bright side, you say roadmap and objectives haven’t changed. I guess we hang on to this now…
Nash has a communications specialist and a PR agency, the announcement was hold at the request of the founders as we needed to green light what could or not be made public together with the referral extension. Finally it was decided to include the update on Q2 date and push the program to significantly later in the year to run in parallel with other efforts.
Thanks for the communication! Hopefully we can hear communication on launch date soon (we are all very eager)! It is very smart to have the referral program ongoing while the exchange has been live for a while as it will lead to more invites and more activations as people won’t feel rushed, or won’t feel like they missed out because they didn’t have enough time to activate. This will look good for the brand in the long run.
Can nash then at least give a date range for the community like when will the launch be? In the article, carla says nash wants the users to have months of strong experience with nash before referral ends… then can we say june-july is the launch date?
Im sure u guys have a date range of launch. So can it be a green light to let the community know? Thanks.
What was the rationale behind the 17th? Why wasn’t it the 16th? Or the 18th for that matter?
What made you deviate from “the original marketing plans for launch”? I feel you on the “we don’t want people to rush to activate tickets” argument, but you never wanted that from the get go, right? Does that imply you originally planned on launching in January/February/March?
We need transparency on these things, all of us put in a lot of effort to get people to sign up and now have to get back to them with a 6 months delay/extension…
To my mind, having a referral program running until December makes much more sense. Referrals are very cost effective marketing, but the thing is, we don’t even have a product launched yet, so why utilise this pretty much costless marketing only on something that’s not even there yet. And even after launching, we’re still talking about a minimum viable product. Some people might be content with it, others might be left wanting more. By extending the referral program, it allows the MVP to be developed further during the program, which in turn can attract more referred users. It makes more sense to invite people to come and use an available product instead of a product that is being launched ‘soon’.
Moreover, since referrals bring in people for essentially free, this would mean that—assuming Nash will have been online for months before December—the extension also maximises the company’s revenue due to increased number of referred users. I wouldn’t be surprised if the referral program would stay indefinitely in some other non-lottery form.
I see the extension of the referral program as both a marketing and a financial business move that can only have a positive outcome in the long run.
When we announced the referral program in February, our internal planning was based on the Nash Exchange being operational some time in advance of the program’s end.
The community don’t need transparency on the internal processes of the company, as those change frequently as they are improved and the community doesn’t have the operational knowledge needed to make the good contributions.
That said, the reason the 17th was originally chosen was because we planned to cut a version 1 week after the end of the beta with the improvements needed, than 2 weeks of QA and be released with 2 weeks of advance to the end of the program. Two things changed, first we believe that we will need more time of parallel operation for the program to be effective as we have decided to not invest in promoting it while the business is not operational and second still need to implement additional requirements on the platform.
Thank you for your efforts in promoting the program! I hope we will make a much easier job doing so with a strong product.
@carla
The “Terms and Conditions” are not updated regarding to the postponed ending. #7,9,10 have the old dates included.
personal note: I don’t like changing term & conditions so close to a deadline. Sure I can understand your arguments, but it’s always a trade off, and I just don’t like it.
In this case the trade off far outweighs keeping it as is. Extending it benefits both stakers and the project in the long run and only makes logical sense to do so.
