[Passed] Motion to introduce new NuBits products

Has any progress been made on the 3 new pegs,or are we waiting on the exchange opening to implement them?

I havenā€™t seen anything yet, but the network is very busy with B&C Exchange and improving liquidity operations through FLOT. I suspect we will see more progress as we move forward into 2016.

In my humble opinion I think it best to wait on the exchange as it would be a great help to getting them off the ground.We need to be in negotiations with other exchanges to accept them.Also I think the team should be talking to Pol and Bter to reduce the fees during the buy back period as we give them a lot of business during that time.

I fully support NuXAU (Gold), NuEUR (Euro) and NuSDR (IMFā€™s SDR) with that specific order of importance/demand and nomenclatureā€¦

Maybe Nubits should be renamed to NuUSD after that for good standardsā€¦

(Inside the Nu ecosystem) I expect those 3 additions to be the most important to the upcoming B&C Exchange together with NuUSD.

P.s. dunno if peg system to XAU and SDR is gonna be an easy task thoughā€¦

The shareholders have voted as supporting CH-NBT, EU-NBT, and X-NBT. We will rename the current NBT to US-NBT. There is no current intent to make an AU-NBT.
All of this is already in the OP as a passed motionā€¦

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Update: Iā€™ve received logo proofs from our vendor and they look very promising. These logos will strengthen our brand considerably, positioning our network to begin offering new products in 2016. I am reviewing the logos and will have a recommendation to make here within a week or two.

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Japanese Yen has taken the third place in terms of volume behind Yuan and the Dollarā€¦ Sooner or later someone in Japan would create a crypto pegged to JPY.
I hope Nu would choose to create a JP-NuBits first.


@tomjoad
Any update on the logos?

Iā€™m going back and forth between two variations right now. I will be giving it some more thought over the weekend, and then possibly presenting the two variations here for community feedback.

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Update: Iā€™ve submitted a final round of revisions to the designers and should have our new logos within a week. Iā€™m happy with how theyā€™ve turned out - the new fonts are clean and modern, but have small little stylistic choices that make them unique. They look remarkably better than our current font, in my opinion, and Iā€™m excited to share them here soon.

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CH is usually the abbreviation of Switzerland. China is usually CN or CHN. CH-NBT maybe confused with a CHF pegged product.

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Right.

I think having 2 letter country identifiers (CN-NBT, EU-NBT, US-NBT), while having 1 letter for the SDR pegged product (X-NBT) will make it easy for users to quickly grasp the meaning.

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Thank you. As I wrote in the other thread, Iā€™ve requested this update to be made to the logos today.

ā€œSwitzerland (/ĖˆswÉŖtsərlənd/), officially the Swiss Confederation (Latin: Confoederatio Helvetica, hence its abbreviation CH)ā€ :wink:

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I guess we wan begin to call for CN-NBT, EU-NBT LPCs once we have a marketing strategy or the right partner exchanges?

So what do we need? I suggest EUR-NBT is easiest. We need an FLOT reserve and an exchange pair (eur-nbt/btc) to operate on. FLOT is first, in my opinion.

Seeing the last 2 months behaviour, I believe so too.
As for the exchange, ccedk would be an easy choice butā€¦

Butā€¦

butā€¦
waiting for B&C

Which one would be interested in having that eur-nbt/btc pair ?