one of the main reasons i love havven is how they really uphold their promises. they even launched eUSD early and I wouldn't doubt that the havven-backed nomins are coming in Q2 this year like they said. what a great proactive team that really knows what they're doing
this is the exact reason why I'm in on Havven. Not only a great idea, but also a great company. Excited for their launch on June 11th
Totally agree with you guys, the team is doing well.
Also I am exited, we have less than 2 weeks to lunch the platform.
Something is unclear for me, according to white paper nUsd will be sold for eth, my question is what will happen to the eth? Will it be locked by contract or HAV holder could withdraw it?
This is not correct.. You can convert ETH to eUSD, the form of nomin available at the moment which can be redeemed for goods in the Havven eStore, eUSD is the initial test/version of nUSD. Once havven-backed nomins (nUSD) are launched, the eUSD contract will be liquidated. Upon liquidation, there will be a window for converting eUSD back to ETH. Further details will be announced closer to this time.
The next coin, the nUSD (nomin) will be backed by Havven, and this coin will have full transaction utility. Havven holders will be able to lockup Havvens as collateral to issue nUSDs. Whether or not nUSD/ETH trading pairs become available will depend upon future exchange listings.