From the community, for the community: Why you’re central to the Nash project -
June 25, 2020

From the community, for the community: Why you’re central to the Nash project

Nash project

Nash was founded in 2017 by five developers in NEO’s open-source community, City of Zion (CoZ). The CoZ group was responsible for translating NEO technical documentation into English when the project was still known as Antshares. They went on to develop some of the most popular tools for the blockchain, including the Neon wallet and NEOSCAN block explorer.

Our experience in CoZ and open-source development has shown us how powerful a community can be in helping projects succeed.

We’ve brought these values with us to Nash.

As with many blockchain projects, our community was essential in providing Nash with funding. Rather than seek funding solely from large private investors, we wanted to include everyday members of the digital asset community – to which we also belonged. Our motivating vision is to help people around the world with blockchain, not just make a profitable business for ourselves, and we value having as many people on board as possible.

As a result, we designed the Nash Exchange token (NEX) around a simple, solid model of giving back to holders. With a maximum revenue share of 75%, Nash has one of the most generous models – an acknowledgement of how important our community is.

Since our token sale, Nash has taken pains to keep the community involved and has profited enormously as a result.

The Nash Community forum has been the central point of interaction with NEX holders. With social media spanning so many channels, and with discussion platforms like Reddit, Discord and Telegram allowing for continuous chat that can lead to misinformation, we knew we needed our own forum to act as a source of truth. By making holding and staking NEX a requirement to post, we eliminated trolling and created a better environment for serious discussion.

Community members can be confident that they have received reliable information straight from the Nash team. They’re then able to help other members who are new to the Nash Community, as well as pass information on to other social channels. A trustworthy environment facilitates the autonomous exchange of information, without the team always having to step in.

Our community provided essential feedback in our beta-testing program and members have continued to be interviewed by the Design team for user tests. We post regular feedback threads. Receiving this quantity and level of feedback is extremely rare – but our community is always keen to contribute, since we act on suggestions.

More recently, the community has been contributing to Nash directly through our translation project. By making our platform text files publicly available on GitHub, we’ve already been able to bootstrap translations into Czech, German and Italian, with significant progress also made in Dutch and French. Seeing the community organize themselves into teams to finish these translations has been hugely encouraging. We hope this has communicated the spirit of open-source even to non-developers!

The community translation project will expand to include our website and mobile app and will make it simple for us to obtain updated translations for new platform elements. It also lets the community correct their own translations, giving you the opportunity to make Nash just how you want it to be in your native language.

Of course, our community isn’t only important for receiving support in design and development. It’s also about spreading the word!

With Nash approaching general availability, we kick-started broader community engagement with the Ambassadors program. A first batch of particularly active community members have been given direct access to the team and will be provided with materials to circulate. Our Ambassadors can help direct promotion efforts among other community members on non-official channels. Their individual voices are also valuable, with each Ambassador showing the fruits of their expertise, work and personal life – for instance, when discussing product development or legal issues. This further helps enrich our vision.

We’ve already seen community members starting to get more involved on Twitter, and when the time is right, we’re sure you’ll be there to let the crypto world know about Nash!

You can stay up to date with Nash by following our Twitter and Instagram. We also encourage all Nash Exchange token (NEX) holders to join our community platform, where they can talk directly with the team and receive reliable answers to questions.

Read more posts by this author.
All Posts

Compliance and Registration

Nash was the first Crypto Platform in Europe registered by the Financial Market Authority (FMA) of Liechtenstein. Nash is also registered with the De Nederlandsche Bank N.V. (DNB).
Icon illustration representing a book with transparent background.

Industry Leading Security

Nash’s Crypto Platform and Investment App uses state-of-the art, audited security measures and is fully non-custodial.
What makes Nash so safe
Icon illustration of a shield representing security on a transparent background.
Trustpilot logo icon
YouTube logo iconTwitter logo iconTelegram logo iconLinkedIn logo iconInstagram logo iconFacebook logo icon
Rates may vary over time. Crypto-powered earnings on Nash are not covered by any deposit guarantee schemes like bank savings accounts and involve risks unique to the underlying technologies: (i) Exploitations of the smart contracts used; (ii) Forex fluctations between your national currency and the US dollar, which underlies crypto earnings assets; (iii) USD stablecoins losing their peg. 
Nash is a trademark of Neon Exchange Aktiengesellschaft. Neon Exchange Aktiengesellschaft is an exchange bureau registered with the FMA of Liechtenstein (TT Exchange Service Provider Nr. 261096 as defined by the Token- und VT-Dienstleister-Gesetz / TVTG, 3 October 2019)
Nash Exchange B.V. is registered with De Nederlandsche Bank N.V. (DNB) as a provider of crypto services. DNB conducts supervision and monitors Nash Exchange B.V.’s compliance with the Money Laundering and Terrorist Financing Prevention Act and the Sanctions Act 1977. Nash Exchange B.V. is not under the prudential supervision of DNB nor under business conduct supervision of the AFM. This means there is no supervision of financial requirements or business risks and no specific consumer financial protections.
Neon Exchange Aktiengesellschaft is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act – for more information please see this link.
Neon Exchange Aktiengesellschaft also provides fiat-crypto exchange services. These are separate and unrelated to the account and payment services you receive from Modulr Finance B.V.