I asked the CEO of Nahmii about the big price increase in NII's
The Big YieldThe price of Nahmii (NII: Uniswap) has increased from $0.00027 to $0.0088 in the first quarter of 2021. This huge movement certainly got a lot of attention, not only in the community (telegram), but also outside as the number of holders have increased from 336 to 1426 in the same period. All this coincided with the Nahmii team closing of the main Telegram group, in preparation for news release on an upcoming partnership.
As the big partnershipreveal is closing in, CEO Jacobo Toll-Messia in Nahmii will hold an AMA on Thursday 8. April at Crypto Project Review
The Big Yield could not wait for either AMA or the big news, and sent Jacobo a few questions regarding the huge price increase in the NII tokens. Here is what he replied:
What is your initial comment on the gigantic price increase in nahmii tokens?
No comment really. We just hope that the crypto community has realised the work we have been doing non-stop for all these years and comprehended that we have created value. Furthermore it is true that the Ethereum blockchain needs scaling and nahmii is very well positioned to help Ethereum.
Why did you see the need to shut down the Telegram group chat?
We like to work behind the scenes without making much noise about what we do and who we liaise with. It turns out someone found out about some high profile individuals that we are currently working with and leaked the information out. We made sure that info was removed and we shut down our Telegram so we can focus on completing what we are currently doing prior to announcing it.
What can the holders expect from the nahmii project the next year?
Adoption, exposure and, hopefully, the recognition that our project and community deserves.
Links and more info:
Here is link to Google sheet on NII inflation
Ripped from the Telegram group:
nahmii is a 2nd layer scaling solution which was built by hubii out of a real need, hubii is a content agg company since 10 years processing millions of txns per day
Key Points about nahmii:
* it's live! the only commercially viable layer 2 scaling solution for Ethereum
* the tech behind nahmii is patent pending
* main advantages include instant finality, 0 latency, predictable fees and amazing 15 TPS per address up to unlimited number of addresses
* the deployment for nahmii smart contracts on Ethereum mainnet was the biggest deployment ever to date, more than 18000 lines of code
* partnership with Microsoft! a real partnership with dedicated resources from Microsoft assigned for biz dev with nahmii, nahmii's SDK available on Azure marketplace --> https://tinyurl.com/qsbophr
* partnership with ConsenSys! --> https://tinyurl.com/yxujrh25
* partnership with Fjord Maritime a leading Norwegian company focused on electrifying the Seafood industry, nahmii is building an Industrial IoT solution together with them, to help their customers measure the carbon footprint of their operations.--> https://tinyurl.com/yyzc2jrl
* a member of Ethereum Enterprise Alliance --> search hubii on https://tinyurl.com/yyrwv53y
* partnership with Fly Norwegian
* partnership with NEO to port the scaling solution there
* NBX, Liquid & Fjord Maritime joined nahmii foundation
Token Utility:
--> NII is playing a vital part of securing the protocol and therefore holding NII entitle the holders to a percentage of the fees collected by the protocol from all txns on nahmii, 99% of the fees are distributed to NII holders
--> the fee is collected in the transacted coin, so you end up having a basket of different coins by holding NII
Tokenomics:
- 120bn supply to be airdropped in 10 years "2 already passed"
- 1bn monthly airdrop, 500m NII is getting distributed to HBT holder and 100m NII to the liqudity providers for NII/ETH pair on Uniswap
- currently around 8bn is the real circulation which makes around $112m marketcap considering the current $0.014 price
Useful Links:
- Website https://tinyurl.com/yxn2e3su
- Team https://tinyurl.com/yxaqmqmq
- Whitepaper https://tinyurl.com/y2dk9bpk
- Github https://tinyurl.com/y58h4ze2
- TG @hubiinetwork
- Etherscan https://tinyurl.com/y5jty3du
- Uniswap https://tinyurl.com/y3cmeb24
- Dextools https://tinyurl.com/yyp8cyun
- Coingecko https://tinyurl.com/y667dozq
- CMC https://tinyurl.com/y4dqtaqo
- twitter https://tinyurl.com/yx9n76tq
- hubii & nahmii for new comers https://tinyurl.com/y62235g2
- extended timeline for nahmii https://tinyurl.com/yyguwsg9
- Joseph Lubin Co-founder of Ethereum & ConsenSys talk about nahmii and their innovative technology --> https://tinyurl.com/yyf36kwn