Progress and Growth in Q1 2021
The first quarter of 2021 has been exciting times for NDAU. We saw increased organic growth, advances in policies and engineering, and a big uptick in NDAU’s visibility in the popular press. Here are some highlights.
- Two new policy proposals were created by the Blockchain Policy Council and submitted as referendums to be voted on by NDAU holders. These proposals increased the availability of NDAU for ecosystem development, removed SIB fees between non-exchange accounts to improve liquidity, and adjusted Market Price calculations to improve accuracy. Both Proposal #01 and Proposal #02 passed, and the proposals were immediately implemented.
- InvestView’s marketing and distribution agreement with Oneiro to offer product packages that include NDAU to its worldwide customer base continues to progress with great success. In addition, InvestView directly purchased $1 Million in NDAU as part of their corporate balance sheet strategy.
- NDAU’s market cap soared to record highs, topping $100 Million. You can always find the current market cap displayed on the NDAU website.
- New articles were picked up by the popular press featuring NDAU’s in-wallet staking bonuses without the need for third-party custody as well as NDAU’s implementation of on-chain multisig for institutional security.
- Peter Reznicek of ShadowTrader.net released a deep-dive video on Investview and NDAU, receiving over 25 thousand views.
Moving Forward into Q2 2021
Additional support for 3rd party validator node operators is in the process of being rolled out, with an increased focus on providing cloud-hosted (AWS) options for individuals and institutions who want to run reliable and standardized NDAU validator nodes.
Collaboration between Oneiro and Bittrex Global’s engineering teams has reached the conclusive stage, and NDAU’s listing on Bittrex Global is imminent in the month of April.
The Oneiro team continues to work closely with MYNTD to gain access to global liquidity and foster a more rapid widespread adoption of ndau. Collaboration is also ongoing with BlockVenture, helping us advance NDAU in the areas of ecosystem development, NDAU sales to HNW individuals and digital asset funds, and introductions to additional top-tier exchanges. And new work has begun with Throne PR to increase awareness and amplify NDAU’s presence in the popular press.
Last but not least, NDAU’s nLighten Program has been revamped, with an increased focus on building more NDAU awareness on video-based social media platforms (e.g. Instagram and TikTok) and incentivizing more user-generated content.
Moving up the Bonding Curve!
The last tranche of Axiom Foundation issued NDAU at a price of $22.4097 has been sold, which has driven the next issue price up to $22.4314. This represents a very positive trend as the price of NDAU is now solidly moving up the bonding curve. The next issue price and other useful data can always be found on the NDAU Blockchain Explorer.
