The theme of this issue is "BTC and ETH break new highs. How will NBU deploy the DEFI market? ", I am the host of this time, Nimbus community volunteer Linda.
Briefly introduce today’s guests:
Alexandra Serebrennikova, Nimbus Global Marketing Director
Moderator: Now we will start our conversation today. If you have any questions, you can ask questions after the AMA.
Then let's start today's AMA activity first!
host:
1. What kind of cooperation resources does this KOL recruitment plan specifically recruit?
- What kind of cooperation resources does this KOL recruitment plan specifically recruit?
Alexandra：
We introduced our KOL program in order to find local well-connected crypto enthusiasts who could spread the word about Nimbus in China. In return, these people will not only have the opportunity to become the official Nimbus ambassadors, but also to receive a generous reward for their contribution to the Nimbus future.
We know China has an endless amount of talents and we’re confident we will meet a lot of likeminded people who will be as inspired by the Nimbus vision as we are ourselves. We’re also confident that in turn, our joint efforts will grow our local community even further and eventually the entire community will benefit from this KOL campaign.
Please contact our Wechat chat admins in order to receive more information about how you can participate and what rewards you may expect for it.
We introduced the KOL program in order to find local encryption enthusiasts who can spread information about Nimbus in China. In return, these people will not only have the opportunity to become Nimbus's official ambassadors, but they will also get rich rewards for their contributions to Nimbus in the future. We know that China has an infinite number of talents, and we are confident that we will meet many like-minded people who will be inspired by Nimbus' vision just like ourselves. We are also confident that, in turn, our joint efforts will further expand our local community, and ultimately the entire community will benefit from this KOL movement. Please contact our WeChat chat administrator for more information on how to participate and the rewards you might expect.
host:
2. In the blockchain industry in 2020, DeFi is a topic that cannot be bypassed. The emergence of DeFi has caused a wave of enthusiasm, but as time goes by, the DeFi craze has gradually faded. What do you think is the reason that hinders the development and growth of DeFi?
- In 2020, DeFi has been a hot spot, but as time goes by, the popularity of DeFi has gradually receded. What do you think is the reason that hinders the development and growth of DeFi?
Alexandra：
I believe that the growth of DeFi is not hindered by anything in particular. The industry is simply following a classical cycle that any new technology undergoes. Just as any new development, it should pass a stage of explosive growth boosted by hype, then a stage of a decline as the expectations of the public were too inflated, and then finally a stage where it gains traction and achieves stable growth that would last over time. Currently, we’re somewhere in between the second and the third stage.
So, what we see now, is simply the maturation of the industry and cleansing from all the projects that did not offer real value to users. Instead, soon, I believe, we shall see more companies like Nimbus that bring tangible use cases and that further boost the genuine adoption of DeFi. So, let’s prepare for a more stable growth and admit that DeFi is here to stay.
I believe that the growth of DeFi will not be hindered in any particular way. The industry simply follows the classic cycle of any new technology experience. Just like any new development, it should go through a phase of explosive growth driven by hype, then a phase of decline due to excessive public expectations, and then a phase of finally gaining traction and achieving sustained and steady growth over time. Currently, we are between the second and third stages. Therefore, what we are seeing now is only the maturity of the industry and the baptism of all projects that do not provide users with real value. On the contrary, I believe that soon, we will see more companies like Nimbus bring tangible use cases and further promote the true adoption of DeFi. So let us prepare for more stable growth and acknowledge that DeFi will continue to exist.
host:
3. Can Nimbus's token NBU currently be traded on Uniswap? Will you be on CEX in the future?
- Can the NBU token of Nimbus be traded on Uniswap? Will you be on CEX in the future?
Alexandra：
The NBU token shall be listed at Uniswap by February 2021.
As per the centralized exchanges, we are already in negotiations with some of the major CEX and the listings there shall follow later this year. We are also in talks with major Chinese exchanges in a pursuit to provide our Chinese community with a superior user experience of interacting with Nimbus.
As soon as our agreements are in place, we will be able to announce the exchange names.
NBU tokens should be listed on Uniswap before February 2021. We are already communicating with some mainstream CEX and will be listed later this year. We are also in dialogue with major Chinese exchanges to provide our Chinese community with an excellent user experience interacting with Nimbus. Once an agreement is reached, we can announce the name of the exchange.
host:
4. Does Nimbus have any new investment agency cooperation recently?
- Does Nimbus have any new investment agency cooperation recently?
Alexandra：
Since we are determined to ensure the best market conditions for our tokens, we have been in contacts with some major liquidity providers for a while now. A few of them have now committed to support the NBU token as we launch. As more liquidity providers come on board, we will announce it and you will see them in the partnerships section at our website.
Since we are determined to ensure the best market conditions for tokens, we have been in contact with some major liquidity providers for some time. Now, some of them have pledged to support NBU tokens when we launch. As more and more liquidity providers join, we will make public announcements, and you will see them in the "Partnership" section of our website.
host:
5. What are the recent developments? Please explain in details.
- What are the recent developments? Please explain in details.
Alexandra：
Our NBU smart contracts are ready. We have also integrated the Referral Program logic into the smart contracts and developed the staking functionality of the platform.
Our main goal now is to improve the overall user experience and finalize the interface of the Nimbus platform. Once finished, we shall open up the platform to the public.
Moreover, yesterday our developers said that they’re inches away from finalizing our Governance Token and DAO smart contracts. This is great results and it means we might be moving ahead of the schedule. However, we will not rush and release this functionality until the market is ready. In the end, our goal is to always maximize the market benefits for our stakeholders and we keep this in mind when picking the timing for our product launches, too.
We will keep you posted on our updates so keep an eye on this chat!
Our NBU smart contract is ready. We also integrated the recommendation plan logic into the smart contract and developed the platform's currency holding function. Now, our main goal is to improve the overall user experience and finalize the interface of the Nimbus platform. After completion, we will open the platform to the public.
In addition, yesterday, our developers said that they are far from finalizing our Governance Token and DAO smart contract. Submit them to Zokyo, our smart contract reviewer today. This is a good result, which means that we may complete the progress ahead of schedule. However, we will not rush to release this feature until the market is ready. Finally, our goal is to always bring the greatest market benefits to stakeholders, and we must keep this in mind when choosing the timing of product launch. We will keep you updated on the latest developments, so please pay close attention to this chat!