Transition to Phase II: DeFi tokens

Transition to Phase II: DeFi tokens

Nimbus Team

Dear Nimbusers:


We have some great news: as we previously updated you, we are working on our transition to Phase II, and DeFi rollout of Nimbus products and services.

We’re launching a few types of tokens available for use in DeFi that can be exchanged in public markets with the reflective notional value of the platform’s total valuation. The highlights are the following:


NIM: Standard ERC20 Token

Total Supply of Tokens: 1,000, 000, 000

Initial Notional Price: $1 per token


GNIM: Standard Governance Token ERC1155

Total Supply of Tokens: 100,000,000

Initial Notional Price: $5 per token


Nimbus shall convert existing GEM and NMBT to NIM by doing an airdrop with a favorable conversion of an additional 30% for all of the current holders on the platform. At least three Distributed Apps are going to be on the platform:

1- Arbitrage;

2- P2P Lending;

3- Crowdfunding;


with the additional Distributed Apps coming online in 2021 in IPO Hub and other Fintech products.


You can find more information on this link:


https://nimbusplatform.io/defi/


In the next few days, our team shall publish further details and updates to the community.


Thank you for being part of Nimbus community.

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