on the crypto
We would like to provide a list of updates based on the confirmation of the 25 million loan XEMas well as an update on our transformation initiative.
- NEM
(SEE) - Price $0.114
- Market Cap
$1,023,868,434.00
Going forward with updates on NEM Labs
We appreciate the Core Team's transparency in sharing their reasons for not approving NEM Labs' funding proposal. We support the recommendation that the NEM Labs team re-read their proposal and submit it to the program NEM Foundation Service Provider (contractor). We are already working with interested NEM Labs employees for apply for positions within the NEM Foundation in order to continue contributing to the growth of the NEM ecosystem.
Hiring will begin within the new facility
We will update the NEM.io 8 website and forums to start hiring strategic team members for the NEM Foundation. Recruitments and interviews for all open roles are expected to begin on April 1, 2019.
Confirmation of Agatha Priscillia as Chief Financial Officer
Agatha already has its support staff and has been a key player in our audits and in the payment of pending expenses. He is over 20 years old in the financial sector and will work with the Executive Committee and the Council in the financial transition in the new structure.
Confirmation of Karen Cohen as interim head of human resources and operations
Karen Cohen has work experience for consultancy McKinsey and various roles in the human resources and blockchain operations sector. You are the President of State of Victoria for Australian Digital Commerce Association and Board Member of Blockchain Australia and manages Women in Blockchain Melbourne.
Confirmation of Jasmine Ng as CEO of the NEM Blockchain Center and Business Development Director of Southeast Asia
Jasmine has extensive experience in the banking and digital transformation sector. It will lead the turnaround of the NEM Blockchain Center into a profitable entity. Jasmine was previously the head of the strategic digital alliances for the largest bank in Malaysia.
Hiroki Koga's departure
We are sorry to announce that Hiroki Koga has submitted his resignation as a member of the Board of the NEM Foundation. We thank Koga-san for all his hard work with NEM Japan and the Council and wish him the best in all his future activities. We ask that the community respect its decision and guarantee its privacy during this transition period. We deeply appreciate the support of the Japanese community and ask for their patience during this transition.
We recognize the important contributions of the Japanese community and we are committed to opening the dialogue between the Japanese community and the NEM Foundation, therefore, Rio Kondo has been appointed as dedicated Project Manager to support Japanese communications and provide feedback from the Japanese community to the Council.
Progress update: integration of NEM with Ledger
NEM Foundation works with contributors to the NEM ecosystem and research is underway on an NEM integration with Ledgers 4. Ledger is a hardware portfolio with over 1,5 million units sold in 165 countries. We will provide progressive updates soon.
Progress Update: NEM Foundation Catapult Roadmap
We are committed to publishing a NEM Foundation roadmap by the end of the first quarter of 2019 (March 31, 2019). The first draft has been reviewed by selected community members and we continue to work with Core Devs for the final presentation of the NEM Foundation roadmap. Progress is underway with the Project Management Committee (PMC) and we will update the community with a public roadmap of the NEM Foundation within the next 2 weeks.
