Neufund’s Community Update for January

January 2018

This is our first Neufund community update. With full force and enthusiasm, we have set up our team to work on developing the platform, keeping the promise we made to you. End of 2017 and beginning of 2018 we’ve been featured in a number of key media outlets: Die Welt, Handelsblatt, Polish edition of the Business Insider and the German edition of the Business Insider. At the beginning of January NEU got listed on CoinMarketCap and is currently tradable on three exchanges: Liqui, EtherDelta and iDEX (more info at the bottom of this post).

Furthermore we want to thank you for the growing support and strong presence on our community channels. We are honoured to have such a great and proactive community from all over the world. This validates that we are going in the right direction.

Neufund Platform Development

As you know our main focus is to release a working MVP of the Neufund Platform in Spring 2018. Our tech and product team is currently working very hard on developing all the components, tests, back office apps and frontend.

Product development planning sessions

“First Blockchain Wallet”

Our mission is to introduce investors and companies from outside of the crypto world to blockchain in the easiest and smoothest way possible. Every user of our platform will need to have a Ethereum wallet. Therefore for those who never have heard of it, we are designing a registration process with a MEW-like wallet embedded in a browser.

Pay for gas with tokens

In the process of on boarding and introducing new users to the blockchain we will allow payments for gas with Euro tokens. This gas will be used to pay for the transactions on the platform. Due to the complexity of the concept of gas we want to provide support for beginners in handling it.

Import your ICBM wallet

If you have access to your private key or backup codes you will be able to import them into the Neufund wallet and use Neufund Platform directly via platform’s UI.

Multi Wallet sign up

With a strong focus on off-chain users we decided to offer a multi wallet sign up process which will allow platform users to pick a default method that they are used to. We believe that habits should reflect an internal flow.

Dashboard to fall in love with

With most of the actions happening in the dashboard we plan to have an intuitive flow and seamless experience. Each operation will happen in the same window flow without the need to leave the dashboard.

Redux-injectify is only the first typescript library that we are going to opensource soon. It brings good old dependency injection pattern to redux world.

EURO TOKEN ICBM

After an in-depth analysis we have come to the conclusion that we will not conduct a public EURT-ICBM as previously announced in the roadmap.

There are several reasons for that but most importantly we decided against it because we want to fully concentrate on delivering the best possible platform for you without any delays.

[UPDATE:

The decision to cancel the EURO ICBM was thoroughly analysed by our team and our advisors. The sole reason behind it was the long-term benefit of our project and our existing community.

We are very well aware that there are a lot of people who would like to commit extra money to the EUR ICBM. It is no surprise — after the ETH ICBM the benefits of this mechanism are now clear. The ICBM mechanism was, however, invented solely to reward our early supporters and risk takers. The EUR ICBM was thought of as a bow towards those who did not jump on board with crypto yet. We wanted to facilitate the entry to Blockchain for those tech enthusiasts who are not crypto savvy yet. At the moment, however, we need to take care of those who already believed in us first — and this translates directly and solely into growing the value of our platform. The value of our platform is 100% in conducting successful ETO. And in providing a bulletproof legal and technical framework for companies which want to raise funds for their projects using the innovative method of ICOs.

We completely understand the frustration by the sheer change of the roadmap. However, please note that this roadmap was created over half a year ago. And please note, how much the crypto market change in this time. Starting with new regulations around the world, the entrance of Wall Street into play, the incredible load of technical and licensing problems in which exchanges and DEXs are in at the moment, the ban on ICOs in various countries and on various platforms. While delivering on the roadmap, we had to, additionally, adapt our project to many events that one could have never foreseen. The ability of our team to change our immediate plan is the reason why we managed to keep this project on course, while hundreds of token companies struggle with regulations, jurisdictions, failing technology and lawsuits, Neufund managed to adapt and remains the one of the most solid projects out there. Our commitment is in not loosing the focus on the final goal — which is the platform and the long-term win of all of us — the Neufund Token Holders.

With the ICBM we have managed to build a strong community consisting of both highly professional crypto investors and classical investors, it represents all we could have wished for. ICBM investors who took the risk early on are not in any way harmed by our decision, or are even better off.]

First ETOs on the platform

We are working with the first batch of companies on details of their ETO process on the platform. We will launch one ETO at first and a few weeks later couple of further ETOs on the platform. The platform will be ready for registration before the first ETO starts. All our ICBM investors will be whitelisted for the first ETOs. After that the platform will be opened to the public. If you want to read more about the ETOs on Neufund Platform please refer to this presentation and the complementary FAQs. You can also register via our Google form if you are considering to do an ETO with us. More on ETOs with Neufund will be published in a series of blog posts.

A detailed roadmap will be published in the coming weeks.

We are hiring

Our team is growing rapidly. To deliver everything we planned we need to expand our team in Berlin. We are currently looking for a:

Let us introduce to you our three new brilliant experts:

Shani Koren — Platform Operations Manager and KYC expert

Shani joined the company to build and manage our KYC and verification process, she has 6 years of experience in the CFD exchange company, and has managed KYC and verification projects in the past, she also has experience in managing customer care service. Shani was born in Israel and lived in Cyprus for the last 6 years. Today, banks, financial institutions, and cryptocurrency exchanges are required to abide by KYC requirements. Basically, it means our organisations need to collect and verify personal information from customers. It’s designed to prevent fraud, and it’s also frequently paired with Anti-Money Laundering (AML) verification requirements.

Sergiej Rewiakin — VP of Engineering

Sergiej was following Neufund from the beginning and has joined with the very first opportunity to contribute. Sergiej have founded several startups with a proven record to build and execute (CleanAgents, HelloCare, Movinga, Senden24 etc.). He is passionate about consumer-facing platforms and pledge to turn Neufund Platform into intuitive and simple user product.

Filip Małachowicz — Backend Developer

Filip is a Backend Developer with more than 4 years of experience. He has roots in the .NET community but treats all technologies as tools to create products. Huge fan of hacker culture and makers movement. Always looking for new way to improve his skills. Thinks of himself as introvert fighting his nature. When he is not geeking out about technology, he spends time talking about and playing board games

After the ICBM our token is traded on three exchanges:

Liqui

https://liqui.io/#/exchange/NEU_BTC , https://liqui.io/#/exchange/NEU_ETH , https://liqui.io/#/exchange/NEU_USDT

Etherdelta

https://etherdelta.com/#NEU-ETH

IDEX

https://idex.market/eth/neu

All general info about Neufund can be read on our subreddit

Visit our subreddit to join the conversation and read all the information you need about Neufund in this post. Or join our telegram chat if you have questions or want to meet the Neufund community and team.