To all Shareholders, this is a custodian grant request.
Nu gives a huge advantage to merchants that wants to accept crypto-currency payments without being exposed to BTC volatility. However, to date, there are no payment processors that makes accepting NBT an easy option for merchant (I do not consider shapeshift a payment processor).
CoinPayments.net provides a reliable and solid infrastructure for merchants that wished to accept altcoin payments, including merchants tools and plugins integration for ecommerce.
Now that NuBits is open source, we can get it added to their platform for a 500 NBT fee. If shareholders vote the proposed amount, I will take care of handling the payments and communication for a fee of 50NBT.
Custodian Address : BLMMdCqZYZSj48e8dZLci5kK7h7iMPrJ36
Amount : 550 NBT
If elected, I will personally take care of it and report here.
In the meantime the community should start preparing a template email to send over to merchants persuading them to add the NBT option. We can start targeting shops that are already on coinpayments. We need to build volume, since we are subject to the following condition :
All Coins are subject to delisting upon 90days if minimum monthly volume is below $5,000usd.
If we are approaching the day 90 and we didn’t manage to get to the target-volume, I will submit another custodian grant request to shareholders of 250 NBT to buy us an extra three months :
Requested extensions can be purchased for $250usd for an additional 90days.
Thanks for the attention