brifs.co Project Update | 2018-06-14
brifs.co Between Two Updates
$5,000 USD prize pool
brifs.co’s Community Bounty Program is now live with $5,000 in BRIF mosaics to be given away to participants. Getting onboard, simply by joining our telegram is worth about $80, at the time writing. Don’t miss out; register now with this link.
brifs.co NCF Voting
The voting period for brifs.co’s proposal for the NEM Community Fund (NCF) begins 2018-06-18 and runs until 2018-06-25. Here’s where you can find the voting addresses on the 18th
NCF Proposal
In case you missed it, our NCF proposal officially went live on June 8th. Here is where you can find it
on the NEM Forum.
Focal Shift
In our last Community Update we discussed our long term fundraising strategy, which is mainly to develop and distribute content for the broader blockchain audience. These efforts revolved around creating a following for our Medium publication, but we have decided to narrow our focus to be more NEM-centric, instead. We did this by shifting content distribution from Medium to the NEM Forum, Telegram, and NEM’s Japanese Twitter audience.
Making Progress
Tons of forward momentum has been gained in our efforts towards securing NCF funding. We have received unequivocal support from practically everyone to whom we have spoken, including many of the most recognizable names in NEM. We are really grateful to be able to put our passion into our project and to see it embraced by the NEM community.
That support will go a long way, not only through voting, but afterwards, as we get further along on our roadmap.
Speaking of our roadmap, we are not waiting for the NCF voting to start. We are getting a jump start on our project milestones. We have completed animated user flows, which give a good sense of our UI/UX. Also, we have begun backend integration of Amazon, iTunes, Apple (store), & Starbucks, which means we will be able to support those gift cards in the coming weeks.
View from a Wider Lense
Rocky Market
The market has been taking a thrashing this week, with XEM dipping below $0.19 on some exchanges Wednesday. That is its lowest price since November of 2017.
This is a perdictable reaction following a hysterical bull run; particularly in light of the alleged manipulation that is believed to have occured.
Bear markets can be emotionally hard on anyone, but the fundamentals of blockchain and NEM have not changed. It has been said countless times that NEM wins because of its tech, but this tech only wins, if NEM’s successful dApps deploy it.
Fighting the Bear
Agonizing over the current price and obsessing about When $5? is a strategy of hope. Hope is not a realistic strategy. If you truly believe in NEM and want to make an impact; you can.
Get involved in NEM projects. Spend the time reviewing proposals. If you see something that you like, or don’t like; then say something. If something doesn’t make sense, or seems like a bad idea; ask questions.
Here are some NEM projects that you look into right now:
Sernez — Peer-to-peer Student loans with no middleman
Mobi — Ride Sharing for Commuters
RocketShoes Blockchain powered digital asset platform for the future of education and work
Our project: brifs.co — Gift card marketplace seeking to bring mass adoption of the NEM blockchain in the US
In Our Headlights
Rocking the Vote.
We are putting everything we’ve got into our NCF proposal and voter awareness initiatives. We take short breaks, every so often to work on product, but for the most part, it is all about the vote for the next few weeks.
Once voting has concluded on June 25th, our days will return to normal, as we redouble our efforts on building product. In our next community update, you can expect to hear about all of the milestones we have begun checking off from the project proposal, as well as the voting results and what we have learned along the way.
Thank you all again for all the support and wish us luck!
All the best,
The brifs.co Team