On March 31st, Nash launched the community beta testing program for its upcoming exchange. The program, which will feature three phases, aims to collect feedback that will help Nash achieve a “seamless experience that blockchain requires if it is to see mass adoption.”
Nash is a decentralized payment services company that has registered its NEX token as a European security in Liechtenstein. Its first product is slated to be a decentralized exchange that will feature trading across NEO, Ethereum, and Bitcoin blockchains. Nash’s exchange architecture is comprised of smart contracts and an off-chain matching engine that it claims will allow users to maintain custody of their assets whilst using the exchange.
At its Quarterly Report event in January, Nash revealed that the markets available at launch would include ETH, NEO, and USDC quote currencies against the following trading pairs: NEO, GAS, ETC, USDC, BAT, OMG, 0X, PHX, NOS, AVA, GUARD, and LX.
Community Beta
The three phases of the Nash community beta are titled Bluefield, Subgame, and Equilibrium and will take place on TestNet environments. Nash will make iterative updates between each phase as new testers are added to the program. Features such as staking, fiat gateways, and KYC procedures will only be available to select participants.
Bluefield
The initial phase, Bluefield, will be open to approximately 50 community members who have already been notified of selection. Bluefield participants will be required to sign a non-disclosure agreement and will co-operate in personal interviews with the Nash team regarding their testing experience.
Nash hopes to catch 80% of issues during Bluefield, which will focus on:
- Central accounts system
- Funds management tools
- Advanced exchange interface
Subgame
Subgame will commence on April 14th and include approximately 250 participants. Community members selected for Subgame will be notified on April 1st and are free to share their experience with the wider community, with the caveat that some may be chosen for private interviews.
Nash hopes to catch any remaining bugs and will place emphasis on UI issues during Subgame, which will focus on:
- Central accounts system
- Funds management tools
- Advanced exchange interface
- Simplified exchange interface
Equilibrium
The final phase of the Community beta will be Equilibrium. Beginning on April 26th, Equilibrium will be opened to the entire Nash community of approximately 1,000 people.
The goal of Equilibrium is to catch any final issues and “be close to a showcase” of the launch product. Available features are planned to include:
- Central accounts system
- Funds management tools
- Advanced exchange interface
- Simplified exchange interface
- Markets view
Users interested in participating in the beta program can join the Nash Community.
The full announcement can be found at the link below:
https://medium.com/nashsocial/beta-testing-schedule-for-perfecting-our-product-7399b16f8c65
About The Author: Dean Jeffs
Dean is a digital project manager who has worked extensively with start ups and agencies in the marketing space. Fascinated by the potential applications of blockchain technology, Dean has a passion for realising the new smart economy.
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