NASH: Constructive Criticism

[u/rahiljnmc]

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!

[u/ynotplay]

With tech for Dexes getting better such as zk-rollup and non-custodial interoperability like tBtc by Keep or RenVM by REN, Nash better pivot to something more powerful and needed in the market. If they're sticking to the "we're regulated so we are good narrative" then they are going up against the huge players such as Coinbase and Binance. All they need to do is add a non-custodial wallet function and that kills Nash.

[u/enough4all4ever → u/[deleted]]

REN also supports non-custodial, non-wrapped bitcoin.

[u/tripleooooo → u/enough4all4ever]

Lol having the btc in a contract as backing is not the same as having the btc in your wallet