NVO will be a modular Decentralised exchange that pays out 50% of it's fees to NVST holders. Modular simply means that anyone can add any coin and you don't need to pay or hire a dev (assuming you know how to do it yourself). Once we get some volume going, more people will want to invest to get the dividends. That would be the game changer. You get to earn dividends forever, from a DEX. Centralized exchanges can be shut down by governments, but a DEX can't assuming it's truly decentralized. NVO is going to have it's own blockchain rather than the safe network now, because the safe network (maidsafe) wasn't going to be ready in time. So this will be around as long as Bitcoin and other cryptos are around, paying out dividends to any investor. That's why I invested.
OK, thanks for the clarification. So basically A modular decentralised exchange which pays dividends to NVST holders and any coin can be listed on the exchange. Has the maid safe network not being ready delayed the roadmap?
There is currently a team of 70 devs working on this. Could you be more specific on who you're asking about that left? Either way the first release of the wallet is out, with a new update coming soon and the exchange is expected to be completed this quarter. It's a non-issue.
Sorry I can't be more specific, it was a while ago when I was browsing this thread and I remember some users talking about some of team leaving to create a new startup or something, but yeah I didn't pay much attention.
70 devs sounds very positive, I could only see a few listed on the official website.
Any idea if the current roadmap is 100% on track?
The project is under development for 8 months and they have only a wallet which is extremely buggy and not usable. This is a long time in the crypto space. 70 devs it's just a saying, you can't trust them on words, they proved that many times. Real names, any proof? They need at least several months to fix it, then do the improvements and after that deliver the dex. Regarding the dex their progress is building the blockhain, but this is not even completed. Very slow progress and they are behind the schedule. It could take 1 year and more to produce the dex. Have in mind devs don't want to spend any money on the project for exchange, marketing etc, although they have more than 70m raised, they want every penny to be in their bank accounts. Community is 200 people and in terms of price, it's on downfall (lower than ico). I would suggest you to invest in other projects (BCO, kucoin etc), NVO are not professionals, lack communication and don't have the competence to make what they said.