CORE MAGAZINE April 2016 | Page 14

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NXT Whales Show Discontent In Regard To NXT 2.0

When NXT 2.0 was first announced it received mixed reactions from investors, some praising the new direction as revolutionary and others claiming the developers have completely turned their back on investors. Please refer to this article on the pros and cons of NXT 2.0. It seems to be a give and take relationship, without developers NXT would remain stagnant, but without investors backing the project it could never go mainstream.

Upon first mention of NXT 2.0, there seemed to be just enough support for the project, however, as time passed more and more disgruntled voices started to appear. This became apparent when the whales of NXT started to voice their concerns. The relationship between developers and investors is now clearly distorted. Below I will illustrate four whales/key players in the NXT realm that are going against NXT 2.0.

1. Coinomat holds a large amount of NXT with his online exchange service coinomat and is an influential figure in the NXT community. Upon news of NXT 2.0, coinomat wasted no time in creating a whole new blockchain which aims to be strictly for supporting coloured coins. His new platform is called WAVES.

2. JL777 is the main coder for SuperNET, an asset on NXT. He was able to raise 20 to 30 million NXT from crowdfunding on NXT. Upon news of NXT 2.0, he decided to create a chrome application which could support assets on the BTC block chain.

3. Marc De Mesel is well known in NXT circles as the man with the yellow sportcar and the NXT number plate. He posted up a video named, "NXT, We Need To Change"

3. Marc De Mesel is well known in NXT circles as the man with the yellow "Lambo" and the NXT number plate. He posted up a video named, "NXT, We Need To Change"