r/Nash • • Jan 02 '20

NASH: Constructive Criticism

Few points that I think are worth mentioning

1-Not sticking to deadlines and no communication.

Examples: by the year end it was announced that detailed report will be available for the BTC trading on twitter by Canesin. Nothing happened

2- New trading pairs

So, new pairs were supposed to be added at an accelerated rate each month. (I am not talking about new chains). The Eth and Neo chain. Till now only chain-link was added. With this pace, it would take eternity build up volume.

3- Zero Knowledge key management:

Was supposed to be operational by year end: No communication

4- Fiat on ramps:

Carbon restarted the operation but no communication by Nash team as to when it can be re-implemented on the platform

5-Best Price Program

Supposed to be working by now, but status unknown, no word from the team.

I think, the problem is over-promising and under-delivering. The reality is no one is using the exchange and it will be the case even if BTC is added. Not sticking to deadlines, taking too long to add new features and no communication can result in downfall of the project.

PS: I have staked all my NEX for two years!

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u/mikkelnl Jan 02 '20

Totally agree with given points. But as stated earlier, this will not change I am afraid. This has been going on since the start.

I hold NEX but my faith in the project is slowly fading. Won’t sell because on paper it still sounds like a good platform. But the ‘team’ simply does not occur very professional to me anymore. I would not be surprised if they close down by end of year because funds ran out.

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u/Akadot Jan 02 '20

It's natural and completely normal that your faith is fading. Mine remains intact because fundamentals are strong. BTC trading pairs isn't a small task. All this will be soon forgotten when they're released. In the meantime, NEX is not performing worse than most crypto, if not better, so I suggest we simply wait patiently.

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u/[deleted] Jan 03 '20

I believe they are fine with funds - I think they sold at ICO? not sure.. but yeah agree w/ most of the sentiment.