September 2017 (I)
Welcome again, fellow Nxters! September is here and summer is ramping down, but we are not ramping down our coverage of the world of blockchain news. Last week Round 2 of the IGNIS ICO ended; Janus and Adel were busy, a new crypto site launched, Ardor looks for revamp proposals and much more.
As always, we provide comprehensive, yet accessible coverage of the rapidly evolving and growing blockchain world. For our long time readers we have the latest events; for our new readers, we have the info to make you an expert in no time at all. Sit back and enjoy.
- IGNIS ICO
- NxtFoundation – Submit your ArdorPlatform.org Revamp Proposals
- Coin Berries – Featured Ardor and Nxt
- Russian Community – Ignis Snapshot and Explanations about Nxt and Ardor
- Janus – Status Update
- September Dividend
- Withdraw funds from ETCBets
- Roadmap and trademimic update
- Moneypot v2 launches with NXT
- Adel – Status Update
- Bitswift – Status Update
- StocksExchange – New Dividends
NXT IN THE MEDIA
- Lior Yaffe in Medium – Well that was Fast
- Revue-banque.fr – “… use cases of the blockchain”
- GTNEWS – 10 minutes with the Treasury: The Port of Rotterdam
- COINIST – ARDOR VS ETHEREUM
- Wallet Weekly – Ardor Blockchain Platform: 5 Things Everyone Should Know
- BitcoinExchangeGuide – JLRDA Blockchain Services Ignis ICO Tokens Opportunity?
- Lior Yaffe in Medium – The Nxt Blockchain Creation Kit
- Hacked: Hacking Finance – Trade Recommendation: NXT
- TradingView – NXT should have a nice run soon
- TradingView – Ardor End of the Correction at the Horizion?
- Weekly NXT/ARDR Price Evolution
This week’s newsletter is put together by James, jose, apenzl and rubenbc.
Round 2 of the IGNIS ICO ended on Thursday. Another Round, another successful batch of Jelurida tokens purchased. 80 M tokens sold out and more money was raised by Jelurida to continue active development and support of the Nxt and Ardor ecosystem for many years to come. Jelurida reached Level 3 of their funding goals. Detailed coverage can be found in our media section and latest ICO Report 5.
For more in-depth analysis of the ongoing ICO, please follow our exclusive ICO reports that provide excellent coverage and analysis of the ICO.
NxtFoundation – Submit your ArdorPlatform.org Revamp Proposals
Attention Nxter community – we need your help! The ArdorPlatform website is accepting proposals on how to improve. Marketing guru Travin writes:
Over the past few months, I’ve received multiple messages of people interested in working on the ArdorPlatform website, usually after criticizing me about the quality of the website that I built, with which I usually joined in since the site has been much of a pain for me, both with my head and my hands, and one that I admit could and should be done a lot better. However, all of them ended up not proceeding with a proposal for various reasons.
I have decided to open things up now publicly for proposals to improve the ArdorPlatform.org website as well as the budget requested for them.
Proposals must include website development, website design, and content creation (I can help with this).
Please don’t send proposals that involve just suggesting what I should do if you’re unable to handle all three, but feel free to find others to collaborate with and submit a joint proposal. Hosting, however, will still be provided by the Nxt Foundation until further notice.
- In your proposal, please include:
- Budget request in EUR (payable in crypto) and time frame
- Portfolio of previous work
- Team information and respective backgrounds
- Rough drafts (can be sketched) of page layouts
- Front page with general overview
- Page going over how child chains work (pruning, bundling, etc.)
- Page going over the features available to child chains
- Sub-pages going over each feature
- Special page going over the benefits of using an asset created on Ardor
- Page going over information useful for users
- Blog-style page going over the latest non-experimental version
- Download page including information on navigating the client
- Contact page with a form for formal inquiries and social media/community links
Ardor Media Kit and Style Guide: https://mega.nz/#!kDhBhSiD!6_hqMf8hv5ByiChLt3ZnfLDO2B_TYjVve9Va-c1PPgc
The deadline for submitting proposals is September 15th at 00:00 UTC.
Coin Berries – Featured Ardor and Nxt
A new website launched that aims to concisely summarize cryptocurrencies. They featured Ardor and Nxt and we are appreciative of the coverage.
In their own words:
Russian Community – How to Participate in Ignis snapshot and Explanations about Nxt and Ardor
The Russian community has a Telegram channel which covers the latest news. They provide interesting insite and comprehensive Russian language coverage. If you want to join, click here.
Janus – Status Update
Janus was quiet for much of August but last week they discussed profit sharing, roadmap and mentioned the launch of version two of the Moneypot wallet.
In their own words:
Hi Janus community,
This monthly September period from the current two sites that are profit sharing, unfortunately we had a net revenue loss from players winning more than the sites profited. The divs monthly are provided when there is profit and canceled when there is an overall net loss.
You can find a list of all dividends which have been paid here: https://nxter.org/janus
Withdraw your balance from ETCBets!
— etcbets.com (@ETCbets) August 29, 2017
How come? The day before the Janus Team tweeted: “If the ETC community would like to take over ETCBets.com please follow and dm us with proposals”.
Correct, time and resources better spent elsewhere at this stage for our plans.
— Janus (@Janus_Token) August 28, 2017
Roadmap and Trademimic.com
Bjorn updated about the most recent and future events here.
Ascendus summarised last week:
Some side projects before trademimic.com goes live potentially to help with divs soon, but I´ll leave that to bjorn.
MoneypotWallet v2 launch
— LuisɃ (@hyipexa) August 30, 2017
Moneypot is the cryptocurrency casino suite and web wallet which also powers BetterBets.io.
Rubies was created to give people a new way of betting and give players, investors, and speculators the opportunity to be a part of a community of digital currency enthusiasts. The swap from Rubies to R2B2, an asset on the Nxt blockchain, was announced in December last year.
Besides becoming a bettable currency on all Moneypot v2 app sites, according to its creators, the R2B2 asset will be paying monthly dividends.
Dogedigital, moneypot.com admin, writes:
R2B2 will be eligible for the dividends created from the house bankroll.
When you are holding R2B2 on your NXT wallet or Moneypot NXT wallet, you will be able to automatically receive dividend payments from the income generated from the community bankroll while having the guarantee of being able to exchange your R2B2 for 1000 satoshi minimum.
Moneypot v2 should have been launched on September 2nd last week, but at the time of writing the latest update to their thread on bitcointalk reads:
Tackling some issues with OAuth. Planning to get V2 up immediately after.
We will, of course, follow the project with great interest, as NXT and R2B2 will be the first altcoins supported.
Adel – Status Update
A new week brings more Adel updates.
Co-founder Gabriel Dusil spoke with Neocash Radio, and updates on bounties.
— Neocash Radio (@NeocashRadio) September 1, 2017
Adel’s bounty program is based on services that will help fuel its ecosystem and attract new members. At the moment, these services include quality content and well produced materials such as:
A) Video promotions:
▲ Review of our website
▲ A review of our motion graphics videos
▲ Review of our white papers
▲ Review of our projects
▲ Independent personal review of the Adel philosophy and ecosystem
▲ Discuss blockchain incubation in a community environment
B) Articles or opinion pieces.
This can be an independent or collaborative effort with Adel, and can include topics such as:
▲ Startup incubation
▲ Community-based ecosystems
▲ Blockchain innovation
▲ Fintech, Healthcare, IoT, ICT or eGovernment projects
▲ Crowd/angel/VC investments
C) Blog posts with prominent bloggers and vloggers, and well respected blockchain community members who have reach to a wide audience.
The main target audience include those who haven’t yet heard of Adel, new crypto or mainstream investors who would be interested in becoming an Adel member.
Please contact us at firstname.lastname@example.org, if you are interested in offering one of these services, or you have a different and unique idea worth presenting. We are happy to discuss a suitable bounty reward.
Join the new Adel Bitcointalk thread! ADEL ▲ 1st AML-CTF-KYC Compliant Digital Currency Ecosystem ▲ $ADL
Adel mentioned in Medium – 15 Blockchain & Bitcoin-Focused Startup Incubators Bringing Together Cryptography, Software, and Technology
Bitswift – Status Update
Added a new distributor to our portfolio today, Synnex Canada. https://en.wikipedia.org/wiki/Synnex Our shop will search for products across all of our connected distributors and ship from the one that is offering the best prices
— bitswift.tech (@bitswift_tech) September 1, 2017
REMEMBER: the Bitswift token swap is still ongoing. Manual claiming instructions included on bitswift.press.
StocksExchange – New Dividends
Last June we introduced Stock Exchange and last week another dividend distribution of this asset was issued.
— Stocks.Exchange (@StocksExchangeR) September 2, 2017
Nxt Blockchain Creation Kit Video
This video explains, in an easy to follow manner the basics of the Nxt Blockchain Creation Kit launched two weeks ago Jelurida. This kit is designed to allow for new developers to learn and create useful functionality for the Nxt platform.
In their own words:
“The Blockchain Creation Kit combined with the JPL aligns the incentives of core developers and third party developers which has always been a challenge in the blockchain industry, while at the same time, maintaining the open source spirit of the project.”
To start a new blockchain project using the Nxt Blockchain Creation Kit, follow the instructions in the README.md file @ https://bitbucket.org/Jelurida/nxt-clone-starter/overview.
Also read below: Lior Yaffe in Medium – Nxt Blockchain Creation Kit
Weekly Reminder – What The JLRDA ICO Means To NXT
I’m sure no one needs a reminder about the progress of Jelurida’s crowdsale.
First round of 60M JLRDA at 0.40 NXT sold out, 24M NXT were collected and fully converted to 676.71 BTC (approx. €2.5 M). Second round of 80M JLRDA at 0.55 NXT sold out, 44M NXT were collected and are being converted to BTC.
YES, there is interest in Ignis and Ardor. What this means for NXT though, seems to be easily forgotten. So, allow us, in this Weekly Reminder, to just take a look at Jelurida’s roadmap again:
Level 2 – €2 million to €5 million
• Nxt blockchain maintenance for at least 3 years after the IGNIS crowdsale
• Porting of features to Nxt where possible and not depending on the parent-child architecture.
Level 3 – €5 million to €10 million
• Support for existing community tools and services
• Further development and attention on the UI of the core wallets, including mobile versions
And that’s where we’re currently at, fellow Nxters.
NXT IN THE MEDIA
Lior Yaffe in Medium – Well that was Fast
Lior Yaffe also wrote about the results of Round 2 of the IGNIS ICO. The tokens sold out in record time, but do not worry as there are still three more Rounds left to participate in.
First 12 batches of 5M Ignis were sold for a total of 24M NXT the next 4 batches of 20M Ignis were sold for 44M NXT for a total of 68M NXT raised so far, which represent a value of more than 6M€ at current NXT market rate. There are still three more rounds to go, see https://www.jelurida.com/ico
So assuming on average that processing a block of 200+ transactions takes around 100ms. The whole 16 batches of the sale took no more than 1.6 seconds to complete making it so far the fastest crowd sale in history!
Revue-banque.fr – “… use cases of the blockchain”
Another spotlight on Nxt as a usecase for blockchain technology.
Last January we announced that BNP Paribas was experimenting with Nxt.
Later, an article was released about the continued efforts of BNP Paribas. And now, in a French interview with Groupe RB’s flagship journal, Revue Banque, BNP Paribas reveals that the project they call “Cash Without Borders”, and which uses a private fork of the Nxt blockchain, is running in production. BNP Paribas is an international banking group with headquarters in Paris, a presence in 75 countries, and serves more than 30 million customers between its retail banking networks in its four domestic markets, France, Belgium, Italy, and Luxembourg.
We implemented a blockchain that allowed us to be independent from the corresponding banks and the Swift network in the case of cross border cash transactions between clients of BNP Paribas. That was the Cash Without Borders project, which we executed with several corporate clients, and which was based on the Nxt protocol. These transactions were made using official currencies, without the intervention of a cryptocurrency.
We use the blockchain to register the transactions, to memorize them, to date them, and to share them within limited timeframes: while it takes 2 days – or even more – to complete a transfer via corresponding banks, we can complete it within 2 hours using the Cash Without Borders system (the step using the blockchain only takes a few seconds, and then we use other systems and processes). The clearing, settlement and reporting happen in real time and the main sources of error are eliminated.
French Nxt community member websioux comments:
The vocab he uses means it is in production. They say it does not involve any cryptocurrency but their private NXT is used to notarize transactions (of some of their corporate clients), so yes, it means production based on Nxt.
Furthermore, the interview casts a light on why NXT is chosen over, for example, Bitcoin and Bitcoin protocol-based blockchains, as well as the Ripple network.
Thanks to Gabriel for creating the English translation of the BNP article http://www.revue-banque.fr/banque-investissement-marches-gestion-actifs/article/il-faut-deceler-les-cas-usage-les-plus-pertinen as you can see NXT is mentioned as being tested for mini bonds use case and being used in production for cross border money transfer.
Production usage of NXT by a bank even for a private chain provides great PR and trust in our technology.
GTNEWS – 10 minutes with the Treasury: The Port of Rotterdam
GT News discusses Ardor as an example of the ideal scalable form of blockchain technology that is improving on the blockchain bloat problem.
“There is plenty of innovation surrounding blockchain systems that allows for more flexibility than previous models.”
Take, for example, Ardor, a new scalable form of blockchain technology making transactions faster. It is a blockchain-as-a-service platform that bypasses a lot of the common issues when creating a blockchain ecosystem as well as securing it with enough nodes. It uses features such as decentralised phasing, voting, and trading.”
COINIST – ARDOR VS ETHEREUM
Coinist wrote about how Ardor threatens to change the blockchain space by upending and maybe even replacing Ethereum as the premier child-chain based token.
To recap, NXT and Ardor offer a competitor to Ethereum with an easier to use interface. Users can create their own digital assets and launch their own ICO’s. They can also create their own digital currencies in minutes. Nxt and Ardor also come with a built-in online marketplace, built in messaging and many more features. It’s less customizable than Ethereum, but better built in terms of security and scalability. It’s backed by an experienced team. But Ethereum is still the 800 pound gorilla in the room, and we’ll have to see if Ardor succeeds where Nxt failed in marketing itself.
Wallet Weekly – Ardor Blockchain Platform: 5 Things Everyone Should Know
Wallet Weekly also wrote about Ardor and explained to their audience the significance and importance of the platform.
It is not a yet-another-blockchain platform, rather it is a blockchain-as-a-service offering with support for child chains… here are 5 things you should know about Ardor…
BitcoinExchangeGuide – JLRDA Blockchain Services Ignis ICO Tokens Opportunity?
BitcoinExchangeGuide wrote about the IGNIS ICO and spoke with great praise of Nxt and Ardor. This is good news for the Nxt / Ardor / Ignis community as it raises our awareness in the Bitcoin / Proof of Work (PoW) community.
NXT was introduced after the introduction of Bitcoin and is designed to be much more than Bitcoin. NXT uses the blockchain not only for supporting the currency and to transfer the values between accounts, but also uses minimal hardware and uses minimum power.
Ever since its launching, NXT has achieved 100% uptime and never experienced any failure. The open source community, including independent experts from various backgrounds, has done the code review for NXT. NXT is developed in Java.
Coverage: The Nxt Blockchain Creation Kit
Lior Yaffe – Riker – wrote about the Blockchain Creation Kit. Where to obtain it, how you must agree to the JPL, and about how he is excited to encourage third party development of the Nxt ecosystem.
In his own words:
Introducing the Blockchain Creation Kit
In order to allow 3rd party developers to innovate using the Nxt technology while deploying their own feature set with their own token and at the same time contribute back to the Nxt ecosystem, Jelurida has introduced the “Nxt Blockchain Creation Kit” which is released under the Jelurida Public License.
Now anyone who wants to create a new blockchain with its genesis block and its own feature set can do so free of charge, the full Nxt source code is available for enhancement. The main condition is that 10% of the new blockchain tokens has to be proportionally distributed to the existing holders of the official Nxt blockchain token (NXT) based on their existing balances.
Projects using the kit will generate a new Genesis block based on a tool provided by Jelurida. Projects which comply with the Jelurida Public Licensewill be entitled to receive development support and free upgrades to new Nxt releases.
Other coverage of the release of this kit can be found below.
Coinjournal – Nxt launches blockchain creation kit
Allcoinsnews – Nxt enables blockchain creation using nxt blockchain base
Blockchain finance – Nxt enables blockchain creation using nxt blockchain base
Hacked: Hacking Finance – Trade Recommendation: NXT
TradingView – NXT should have a nice run soon
TradingView – Ardor End of the Correction on the Horizion?
Weekly NXT/ARDR Price Evolution
The following graphic shows the NXT / Bitcoin exchange price at Poloniex over this past week:
The following graphic shows the ARDR / Bitcoin exchange price at Poloniex over this past week:
And that is all for this week, Nxters. Stay tuned next week for more up-to-date coverage on the IGNIS ICO, the launch of Ardor, ongoing projects, and much more. For those who cannot wait a week to learn more, visit our site. We will explain in more detail about Jelurida, Ignis, Ardor, and everything else that is pertinent to this important ICO.
Follow us on Twitter for important breaking updates during the week as they happen. Stay tuned and stay informed, dear readers. See you back here next week!
Help us grow and help us continue to provide excellent and focused coverage on the ever growing blockchain space by rewarding us for our efforts. Donation address: NXT-TK9J-MEKH-MUP9-HFCH2.
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