You expected an overnight perfect solution? C’mon @kazanchev, we know you know better. Trolling isn’t constructive
Ill toss another one up …
**put/call** options on bitcoin spot prices...
Requires: ATS/OTF/MTF licences
think with Puts n’ Calls u’d need to have the issuer deposit USDC/BTC to a channel
Need issuers tho… im sure there would be buyers
@redk check this out:
https://blog.bitmex.com/atomic-swaps-and-distributed-exchanges-the-inadvertent-call-option/
cool interesting … never thought of it… but yeah
Is the above possible (from my post) u think ?
Decentralised options are definitely possible and currently being worked on by a number of teams.
There are even more exotic things in the works such as https://powswap.com which offers Bitcoin hashrate derivatives.
This is just the start!
Cool man … black swan protected wallets @Nash
just day dreaming … but hell yeah id buy in to that … unfortunately the stress on the exchange would be insane
shorting the hash rate might be a solid form of synthetic insurance …
Here’s another one for you :
Libra failed to create a muti-currency stable coin… but Nash could actually complete this vision .
NashPay> **ETF** > Gold token / BTC / Libra / Euro-coin
Basically uve created Nash Global Coin
so yeah Nash could offer a bundled ETF containing these products above … which are spendable thru NashPay fiat conversion.
Needs securities licences
additional
Bot Trading Marketplace / subscriptions
Dividends (obviously)
I really like that
This company could be bigger than its mainstream vision, it isn’t just a crypto company. Real hope the founders stay together and make this huge
Technically they know what they are doing! They innovate and offer relevant solutions, the timing is good and the demand is there. Now we will have to make NASH number one
thanks! i appreciate that
NGC (Nash Global Coin) could be quite the coup
Being a security would prohibit it from trading like tether across exchanges
also as payment is (initially) settled in fiat … I’m not sure if juristictions would see this as a threat to domestic sovereignty …?
Its actually is a much better form of money than Tether… imagine it circulating P2P over Nashapp
I suppose this is a model that Bitfinex took with Tether way back. we would be doing the exact reverse to them in fact with their subsequent launch of LEO
A fairly simple way to draw attention to nash would be to be the first to list state tokens ( china, usa , ue … ) and libra tokens from Facebook and gram from Telegram. if we can be among the first and not wait too long, users would naturally come to nash
yeah good call
~the real deal is a national scale economic adoption of DLT
A very high profile STO launch
With all the advantages that Nash’s technology offers, adding new chains quickly is not one of them. Exchanges like coinbase or bakkt or binance can setup wallets and be ready to start trading on their centralised database. With Nash it’s much more complicated and will therefore take longer.
From a regulatory perspective, Nash is solid but I don’t see them acquiring the licences to list things like gram or libra before Coinbase or Bakkt.
Just trying to keep things in perspective.
Good point
would like to hear how they plan to mitigate this downside , if at all
… white swan
non-custodial exemptions
Nash has a lot of unique features that it offers, including its non-custodial wallets, compliance, and strong community spirit. A lot of great products spread through word-of-mouth, so the community is quite key in doing this. Mainstream investors who want to know their funds are safe will definitely prefer an exchange that is compliant and non-custodial, meaning that the exchange won’t be shut down by a national or state government and user funds will never be lost.
yes, but everything does need to work for that. In my opinion marketing should not be started until the platform is really ready.