Hey Nimbus Community 👋
We've picked the best 4 questions sent before the livestream and have answered them here👇
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TolakLinu0 -
If a project were to copy Nimbus Platform’s entire platform and technology for development, what would Nimbus do? and How did Nimbus solve it? We have some basic technologies and smart contracts like many other DeFi project in the space have. But, what initially separates us is our unique vision of how basic elements should interact with each other within our ecosystem to create unique value. And without this vision - copying us doesn't bring any value. It's like a new project trying to make the next Bitcoin. We are the only one who can bring this value to basic tech to make it unique.
For example, our Nimbus Smart NFTs are a unique addition to the DeFi space. Overall, we're committed to bridging traditional finance tech in the best way possible to blockchain technology.
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MamarikaCrypto -
I See the Nimbus platform is busy providing services for its users. but what is no less important about issues of users who always look long term about any project. What are the advantages for users holding your tokens for the long term? What are the main advantages of the $NIMB
project in terms of price stability, credibility, mobility, liquidity, and technology?The NIMB token is a utility token that provides access to a range of our financial products. The more products we provide, the more participants, as there are niche use cases in each product. Also, all of our products are naturally designed to gather liquidity. So, in a nutshell, by producing new products which are built around our tokens, it will automatically lead to the credibility, stability, and liquidity of the tokens.
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Bobby67601 -
In a Bear Market situation almost all tokens drop in price even with great partnerships, hype, marketing, working products etc. So what challenges does the Nimbus Platform have and plans to make your project strong and popular? How do you plan to raise awareness of community loyalty to survive in a bear market situation?For starters, innovation is a major component to surviving a bear market and innovation is at the core of our mission. There's a reason why projects like Arbitrum have built a 1.4 billion market cap in just 2 months – because they innovate. By making DeFi more accessible and providing game-changing tech such as Nimbus Smart NFTs and now, Nimbus Bonds Mechanisms, we're not only innovating, we're redefining the interactions of digital finance.
For more information detailing our plans to outwit a bear market, see this article:
https://nimbusplatform.io/library/world-of-nimbus/nimbus-insights/how-to-survive-a-bear-market🟠
2Prediksi -
The ‘Smart CONTRACTS’ of recent projects are prone to error and even previous large DeFi projects had the same problem, What is Nimbus Strategy for Overcoming Transparency and risk mitigation tactics? Are there any risks and AUDIT procedures?About transparency, we have all our smart contracts deployed in the blockchain and the data can be visualized there. We are working to provide more data so our users do not have to go directly to the blockchain source but have neat data that can be read in one single shot. This is part of the intention of our weekly Nimbus Reports that are sent through our official channels.
Regarding risk mitation tactics we are constantly working on the safety of our smart contracts and passing audits on every single products before going to production. The full list of audits can be seen here:
https://nimbusplatform.io/all-audits
