Trading of nahmii’s NII token is now officially live on Liquid! Following the conclusion of our IEO in September, you can now trade NII against both ETH and BTC at a top-rated regulated Japanese exchange. In today’s update we cover the IEO result, our partnership with Liquid and hubii’s ongoing Oracle game — read on for more details.

NII/ETH & NII/BTC Trading Now Live

Starting with the biggest news first, you can now buy and sell NII tokens through Liquid’s exchange. This is the first opportunity to trade NII tokens at a major exchange, marking a key milestone in the nahmii project.

Liquid is one of the world’s leading fully regulated exchanges, with an outstanding reputation for performance, reliability and trustworthiness. Users of the exchange must complete KYC/AML checks before being able to trade and you can sign up for Liquid here.

IEO Results

The NII token IEO has now ended and all buyers have received their tokens. The IEO achieved a number of key strategic objectives, such as listing our token with Liquid and substantially increasing the profile of the project. As a direct result of the IEO, we have also gained a new founder member of the nahmii Foundation: Liquid.

Promotional events around the time of the IEO have brought hubii and nahmii to a much wider audience. Alongside Liquid, we also welcomed NBX (Norwegian Block Exchange) into the nahmii Foundation. NBX appeared alongside hubii and StartupLab at the Microsoft event in Oslo on 12th September, where we announced our partnership with Microsoft.

The IEO period also saw a marked increase in publicity events around nahmii, with a range of interviews, articles and technical presentations appearing in September and October.

Oracle Game Restarts

October also saw the launch of hubii’s innovative Oracle product, which offers a bounty fund of 1 million USD (paid in NII, based on the IEO price). The Oracle tests will take the form of a 12 month interactive game, where participants are incentivised to try and exploit the various ‘resolution engines’ published by hubii.

The first iteration of the game was a great success, with over 120 ‘phases’ of staking taking place in a matter of days. Players have already claimed the majority of the 5,000 USD bounty fund for this initial test.

The second iteration, using the resolution engine ‘Bergen’, launched with an even larger bounty fund of 10,000 USD. After 29 phases of staking, we noticed a small issue with the underlying smart contract which prevented the game from resolving correctly. Stakes from that phase will be frozen for 30 days, after which they can be claimed back at no risk to the players.

We have since updated the ‘Bergen’ resolution engine and staking for this iteration of the Oracle game is now live with an updated bounty fund. Effectively, players can now continue where they left off before the previous engine was suspended.

Find out more about the Oracle game at the links below:

Original announcement (first resolution engine)

Second announcement (‘Bergen’ resolution engine)

Staking guide

GitHub

Stay tuned for more updates over the coming days, including the launch of our third resolution engine for the Oracle game with an even larger bounty fund!