Vincent Jaques— Founder of Nebula Exchange
Q&A with Founder Vincent Jaques of Nebula Exchange.
First six crypto related questions and then we move forward to 10 quick non-crypto related question to get to know him better as a person.
After the interview I present you information about Nebula Exchange and the tokensale.
Question & Answers
Q: How and when did you get introduced to Blockchain and when did you invest in it for the first time?
A: I heard of blockchain in early 2017 from a friend and I started to look into what kind of business I could build based on this technology.
Q: There are many smart and very knowledgeable people working in this space. Who is the person you look most up to among them all?
A: Vitalik Buterin - Because he created the platform that inspired thousands of other entrepreneurs and developers and allowed blockchain to become mainstream.
Q: Google, Facebook, Twitter and more are banning cryptocurrency ads. Do you see this as a positive or negative?
A: Negative and a breach to the rule of law. They should not be allowed to ban businesses as long as they are legal.
Q: Countries are starting to regulate the cryptocurrency market. What are your thoughts about regulations?
A: Very good, we need a flexible, but existing regulation
Q: What does it feel like working with a potentially big cryptocurrency project?
A: I feel it’s our mission to bring tremendous changes to the world.
Q: Blockchain is in a very early beginning and still new to many people. When do you think it will get mainstream and what needs to be done to achieve that?
A: Interfaces must be more user friendly, and more links with the real world must be built.
10 quick Q&A not related to cryptocurrency
Q: Pizza or burger?
A: Pizza
Q: Beer or wine?
A: Wine
Q: Favorite movies and TV shows?
A: Games of Thrones
Q: Ferrari or Lamborghini?
A: Ferrari
Q: Favorite places in the world?
A: Paris
Q: Favorite songs?
A: ABBA
Q: Your best memory?
A: Holidays in Peru
Q: Favorite quote?
A: “To a brave heart, nothing is impossible”
Q: Your idols are?
A: Elon Musk
Q: If you could change one thing with the world, what would it be?
A: End all wars
About Nebula Exchange
Nebula Exchange was founded in 2017 as a spin-off from the project Chaintrade. It aims to be the worlds first exchange to trade security tokens. They are currently doing a private sale and public sale to raise money to be able to buy the license to trade security tokens and to expand the team further.
The exchange is very community focused and launches systems for news, reviews, reputations, ranks, referrals, P2P-messaging and trollbox chat. And they charges 0 % trading fee until the community is happy with the exchange.
One of the biggest challenges for new and upcoming cryptocurrency projects are to get listed on exchanges. The investors demands top tier exchanges, while the projects can’t afford to list when it costs up to $4 000 000 USD to get listed. Nebula Exchange will offer an affordable listing price to let the cryptocurrencies who passes their reviews list on the exchange for a very small fee.
Nebula Exchange launched the exchange this week on 8th May and has already listed near 50 different projects, and all of them has ETH, USDT, and EURT pairings which is rare. In addition to this they will add Bitcoin pairs, fiat pairs such as JPY and KRW to begin with, and introduce Margin trading with up to 10 x leverage on some of the pairings.
Quote from the website:
Trade top currencies in an unique and welcoming environment, discover promising new projects and ask or give advice in a community focused on creating a bright future for everyone.
Team and Advisors
Vincent Jaques — Founder and Chairman
Rohan Juneja — CEO
Nathan Collins — Chief Product Officer
Delphin Rakotonindrina — Full Stack Developer
Parany Ramilison— Lead Developer
Joelisata Rabeharisolo — Developer
Frederick Ramandanivarivo — Senior Developer
Rohit Behl— UI/UX Designer
Deepak Kaushik — Web Expert
Charles Li — Business Development
Roadmap
Q4 2017: Project launch
Q1 2018: Web and mobile platform completion, new website, private beta
Q2 2018: Web and mobile platform launch, pairings with ETH USDT and EURT, ICO sale
Q3 2018: Listing of Nebula Exchange Star Credits tokens, pairings with BTC, expansion to non-ERC20 currencies, listing of security tokens
Q4 2018: Mobile app launch on Android, pairings with KRW, JPY
Token metrics and ICO details
Token name: Nebula Exchange Star Credits
Token ticker: NESC
Token type: ERC-20
Token price (ICO): $40 cents USD
Private sale soft cap: $500 000 USD
Public sale hard cap: $20 000 000 USD
Maximum tokens generated: 100 000 000
Allocation of tokens
Public sale: 65 %
Team and advisors: 20 %
Private sale: 10 %
Public sale: 5 %
Allocation of funds raised
Product development and operational expenses: 50 %
Global team expansion: 25 %
Legal and licensing: 15 %
Marketing and promotion: 10 %
Vesting schedule for team and advisors
Percentage of total allocation: 50 %, Vested on Month 1, Tradeable from Month 13
Percentage of total allocation: 25%, Vested on Month 13, Tradeable from Month 25
Percentage of total allocation: 25%, Vested on Month 25, Tradeable from Month 37
Utility and Buy-back
Users can pay transaction fee with NESC token and get a 50 % discount in fee. Transaction fee’s collected in NESC tokens will be burned.
Every new project which lists on Nebula Exchange will have to pay the fee with NESC tokens. The fee from listings fell be burned by Nebula Exchange.
Nebula Exchange will do a buy-back of NESC tokens every quarter by using 25 % of their profits and burn the tokens. They will announce the buy-back beforehand.
The burning of NESC tokens will happen until only 50 % of the total token supply are left.
By doing burning of NESC tokens the value will bring a bigger demand for tokens that are left. A bigger demand might increase the token price for NESC and give the investors a good potential of a decent return on their investments. Other known cryptocurrency exchanges like Binance do buybacks quarterly by using 20 % of their profits. Nebula Exchange is using 5 % more, and they are in addition burning the collected trading fee and listing fee paid with Nebula Exchange Star Credits tokens, so the total token supply might decrease very fast.
Design
Nebula Exchange design on web and mobile platforms
Nebula Exchange has separated themselves from many of the existing cryptocurrency exchanges with their innovative and exciting design. From before we have seen many of the exchanges copying each others design, while Nebula Exchange goes their own way creating a smooth design with the universe background combined with beautiful colors and a very user friendly design.
Users of the exchange have given very welcoming feedback about the design and it seems like they welcome a new type of cryptocurrency exchange which dares to go in their own direction.
Learn more about Nebula Exchange
Nebula Exchange
Nebula Exchange Whitepaper, English
Bitcointalk.org ANN thread
Sources:
Nebula Exchange Whitepaper
Nebula Exchange Website
Bitcointalk username: JoshuaBTCTrader