Last September I published a preliminary outline of the design for Peershares to the Peercoin community for review. In January, funding was finalized to accelerate the creation of Peershares and a specialized implementation of Peershares that I had designed. Since then, my team has been working hard every day to bring you this stunning innovation in decentralized finance. As the crypto-economy has experienced a slump in pricing, morale and interest, my highly talented team has consistently exhibited a phenomenal level of motivation and dedication to seeing our vision become a reality. We have worked together quietly until now, but that is about to change.
I’m proud to announce that our product, NuBits, will be available to the general public on September 23rd at 14:00 UTC. Complete details about our implementation will be available on nubits.com. Until then the site will display a countdown.
Our solution completely solves the volatility problem cryptocurrencies have experienced. It does so with zero counterparty risk using a decentralized network. Much of the network revenue will be delivered to shareholders in the form of Peercoins. The network is an exciting advance I am pleased to have the opportunity to unveil.