December 7, 2021

Nash news bulletin: 7 December 2021

Nash news bulletin: 7 December 2021

2021 has been a pivotal year for Nash. In February, we announced our new vision for a financial superapp, seamlessly bridging the worlds of crypto and banking. This summer saw the release of the first version of our revolutionary earnings product.

As the year draws to an end, Nash is gearing up to bring our products to a wider market. Here is what we have planned for December.

iDEAL integration

iDEAL is an instant payments platform widely used in the Netherlands. With iDEAL, users in the Netherlands will be able to make crypto purchases and add funds to their DeFi earnings instantly. This allows for the best possible user experience we can provide, until we integrate cash accounts with IBANs into the Nash app.

Nash is integrating iDEAL via Primer, a payments automation platform that will allow us to accept credit cards, Apple Pay, Google Pay and other instant payment methods early in 2022.

Pilot marketing in the Netherlands

When iDEAL integration is complete and Dutch translations of the app and website are available, we will begin pilot marketing in the Netherlands. Nash will run digital campaigns to gather data on our proposition, customer acquisition costs and app onboarding across a variety of channels.

Marketing efforts in the Netherlands will intensify, including the launch of media PR campaigns, in early 2022.

NEX tokenomics

Nash has finalized a model for integrating the NEX token with our new products, placing it prominently in the app and making it an attractive investment proposition for new users.

We will publish the details of the new NEX tokenomics on Tuesday 14 December 2021.


Get the Nash app here

You can stay up to date with Nash by following our Twitter and Instagram, as well as joining our official Telegram group. 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.

Tom
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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).
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Nash’s Crypto Platform and Investment App uses state-of-the art, audited security measures and is fully non-custodial.
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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.