This is very disappointing, but not totally unexpected. I think the only thing left is just tidy things up and close shop.
With the tidying up I meant, what to do with the remaining reserves, burn all NBT within Nu’s control, what with the forum and domain names etc. I suggest to transfer any remaining assets including the Nu software to the B&C shareholders in exchange for settling the debt with B&C minus the other outstanding debts. Nu will be just inactive, however we still need a group of major NSR shareholders to keep on minting or shut down the blockchain entirely to prevent it from being hi-jacked.
When B&C can be released successfully the Nu assets may proof to be useful eventually and Nu can be rebooted to play a supporting a role on the exchange. I believe NU and B&C should always have been in the hand of a single group of Shareholders as they need each other. It is the same with Poloniex and Tether. It may even be possible to settle some remaining Nu debts over time when B&C becomes successful, although no commitments should be made during the transfer.
Just trying to be realistic, without being pessimistic. I don’t see a realistic option to keep the peg other than on a very small scale with a hard fork to sustain $1 peg or keep a peg at $0.10. Both would leave NBT holders in the dark. And we would only be able to defend a peg assuming we can make money from on-exchange transfers. I haven’t seen any other solid revenue proposals which can be implemented right now and without investments upfront.
We will need to pass a motion for both Nu and B&C shareholders I believe. Just abandoning it would be the worst outcome.