There's another offer. Need to put something in opposition to someone stupid convers: "After the Catapult, no one will need NIS1". To make it clear which companies will use NIS1 further. In order to have the confirmed value of first NIS. Binary oppositions force people to make rough assessments.
New #Catapult Migration updates are now up! Take a look at what the Migration Committee's been up to recently and the progress made since the last update. Update 3 (Revised Recommendation): http://bit.ly/migration-update-3Update 3.1 (Opt-Out vs Opt-In): http://bit.ly/migration-update-3-1Update 3.2 (Post Launch Opt-In): http://bit.ly/migration-update-3-2Update 3.3 (Multisignature Accounts): http://bit.ly/migration-update-3-3
@davehodgson any update with the coinmetro connection? Coinmetro is accomplishing some pretty impressive things. They now have a CSD sandbox which could give them a huge leg up in the tokenization industry in Europe
Hey @mosstradamus thanks for checking in. I spoke to the team there (exact details are under NDA as you might expect) they are very busy and doing interesting stuff, at this stage there isn't anything happening to report but we are in touch with them if we can be of help
Mainstream Commercial Lawyers say this is big deal ! The summary is CryptoAssets will carry the rights of property in the UKSmartContracts will be able to be considered legally bindingPrivate Key signatures = Legal signaturesEnglish law is capable of handling disputes and resolutions. Huge step for the UK 🇬🇧
FYI. The nem ventures site is currently offline.The hosting provider has had a server issue and is working to resolve it. Normal service will be resumed when they have.This has now been fixed and is back up
Ha llegado el momento de hacer Marketing para la nueva Blockchain de NEM pero... ¿Será Catapult su nombre definitivo? Te contamos lo que está haciendo el Comité dispuesto para tal acción en este #NEMespañol especial
Well, they just announced an investment today and I believe quite a few team members are part of the migration committee and were involved in many of the key updates for the Catapult launch. So the short answer is yes ;)
Hi @GodTanu, (I hope this translates ok, sorry I don't have Japanese but we have in the plan this year to look at local analysts so that should improve). I've seen your posts in the forum as well and will reply shortly.In commercial investments, there are various factors that make it ok or not ok to share exact amounts and they are always covered by NDAs and contracts as @rene_b mentions.Some of the reasons that it may not be released initially (or ever) include- The company is in a highly competitive or innovative sector and don't want competitors to know how much/little they have to work with, to make it harder for the competitors to beat them to market- The investment round is not only invested in by one investor, in which case other investors may not give permission for their investment amounts to be known. In that case - if any of the amounts are known you can usually work it out or get a close guess. For example in a 2m round with 3 investors, if 2 of them say they invested $500k but the third wants it private, you can't release the information because then its possible to work out the third invested $1m.- The investment round has not closed, or has some ongoing contractual work (that can in some cases last for months). Releasing the amount invested can make it harder for the company to secure the additional investors, if it is lower than the other investors expect it may change their behaviour, or if it is higher they may not be interested because there isn't enough space left. The information is always shared with the other investors (under NDA) but the company chooses the best time to do that to increase the chance of signing the investors.- The company just wants its finance to be kept private for some other reason (maybe it is a single shareholder before investment and they don't want people to know their financial details etc)- Others as required under commercial agreementsFrom NEM Ventures perspective, we ALWAYS give permission to share the amounts, and we always ask the question for the press releases, but we don't try and press companies to change their positions. As an investor, we are investing in part for financial return in the future and need to give the companies the best chance to perform well in future rounds, that is very specific to each investment and there is no single rule. That is also why some of the numbers are public and some arent.I hope that makes sense and gives more detail. It is also worth point out that Crunchbase tracks all our investments and we try to help them stay up to date as well, it has all the publicly available information in one place and usually updates in a few days after a press release: https://www.crunchbase.com/organization/nem-ventures#section-investments
Thanks @GodTanu we are supporting companies that are in early stage and some that are active already. We are currently in contact with three Japanese ones and would love to speak to more. If you you know any that are interested to please ask them to let us know or send me a message direct with their names and I will contact them directly. There are challenges for us to know companies in some regions, especially with different languages so we would love any assistance the community can offer with making connections.
Great content as always @psputnik thanks for always keeping the community informed and fantastic to see @crackTheC0de making a guest appearance again as well. We may need to get him a regular spot at this rate!To any of the other companies that we have invested, if you are looking for a good way to engage with the community and have some news to speak to Alexis about, I promise from experience he is very gentle and friendly.