https://twitter.com/ProofofResearch/status/1129650849423286272- Based on that thread Nimiq seems to have paid $500k (~5% of funds?) to HITBTC, a known unusable and scammy exchange by everyone that ever used crypto.
- They purchased part of a bank for an undisclosed amount.
- Acquired property in Costa Rica for $1million which seems illiquid and not a wise investment considering you believe (do you?) in the future of money
My questions are:
When can we expect the next "transparency" report?
What happened to the unclaimed erc20 tokens fund?
Why is Nimiq investing in a bank?
Why does Nimiq still employs an inexperienced community manager as the "face"? he failed in the 1.5 years he's been in charge, there are about 40 active people in the Nimiq community, most of them can't wait to make their money back to get out (thus why they are waiting impatiently for "Binance", as if this was a solution), the other 20 are not developing much, the few that do are doing it because they are "paid by the community fund" a few thousand.
Seems like you haven't been following Nimiq project at all.
So what is going to happen with the unactivated NIM?
NIM that has not been activated will remain untouched for an amount of time to ensure that possible disputes of NET holders can be resolved. The amount of time is yet to be decided by the legal counsel. In any case, remaining NIM would exclusively be committed to supporting the Nimiq project and when it comes to such decision it will transparently be shared with the community. The Nimiq Foundation is bound by its purpose to use funds to support the Nimiq protocol development, Nimiq Ecosystem, and its community. For special inquiries re NET (only!) contact: netinquiry @ nimiq.com.
Details
https://medium.com/nimiq-network/and-then-there-was-only-nim-962f43a53aad