Last Stardust: Nimbus Token

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The Nimbus Token Platform allows businesses to fund their projects via pre-sales so they can greatly expand their operations, hire new workers and develop new products.
Unlike other cryptocurrency platforms, we have found a way to use blockchain hyperledger technology for any product or service. For the first time blockchain technology can be used to raise money for small business projects and for crypto entrepreneurs, to grow their altcoin collection.

To give the NIM token long term viability, the buyer of product tokens have an immense amount of flexibility. If they don’t like the product token they bought, maybe the store is not performing well, or they are not excited about the product offered, they can barter for another product token from another store, or they can hold onto the token until the token market changes, or they can get a pro rata refund for the token, based the sales the store has logged. Combining this flexibility, with smart contracts, will make the NIM token a more useful cryptocurrency.

ICO GENIUS INTERVIEW

HOW TO BLOCKCHAIN AN AVOCADO
An avocado farmer wants to expand the orchard and add more trees to some of their vacant land.
The farmer can use the Nimbus Token Platform to pre-sale avocados to expand the orchard. At the end of every growing season, a portion of the sale of each avocado crop, from the new grove, will go towards the product token wallet. Customers can either trade their tokens in for some avocados, exchange one NIMx product token type for another, get a pro rata refund, or hold on to the token for future use. Lastly, if any NIM were leftover from the crowdsale, at each sale, the store mines new NIM tokens that goes to their wallet.

HOW TO BLOCKCHAIN AN AIRCRAFT FACTORY
A successful aircraft manufacturer has a hot new jet aircraft design and a contract for 10 planes. Sounds like a great place to be except they need to build the tooling to create the aircraft. So to get the money they need to get started, they use the Nimbus Token Platform to offer pre-sales of the airplanes.
Once the tokens are sold, the aircraft manufacturer can now create the tooling needed to build the hot new jet airplane. For each aircraft sold, a percentage of the sale is directed to the product token wallet. Then the customer has the option to buy an aircraft with their tokens, hold onto the token, get a pro rata refund, or exchange their token for another product token on the platform. Lastly, at each sale, if any NIM were leftover from the crowdsale, the store mines new NIM tokens that goes to their wallet.

HOW TO BLOCKCHAIN A MASSAGE
A spa entrepreneur has a thriving spa and wants to open another spa at another location. The entrepreneur can use the Nimbus Token Platform to seek help in opening the new store. For every service the spa sells, whether it is a massage, a hair cut, a manicure, or a seaweed wrap, a percentage of each sale goes into the product token wallet for use by the customers.
From there, the customers can use their tokens for anything on the spa’s service menu, get a pro rata refund, hold onto their token, or exchange their token for another product token on the platform. Lastly, at each sale, if any NIM were leftover from the crowdsale, the store mines new NIM tokens that goes to their wallet.

NIM VS NIMX
The platform uses two types of tokens, NIM and NIMx; each with its own specific purpose. NIM are the utility tokens that is sold during the token crowdsale. If any NIM were leftover from the crowdsale, those tokens will be available to be mined whenever a store on the platform logs a sale. NIM are also required to open a store on the platform.

NIMx are the product tokens. Every store on the platform has a unique token ID. NIMx (or NIMy or NIMz) are used to denote different product tokens in the whitepaper. Actual unique token IDs could look like NIM.MillerAvocados, NIM.LocusJets, or NIM.ArizonaSpa. Platform users could barter NIM.MillerAvocados product tokens for NIM.ArizonaSpa or any other product token on the platform exchange. They can also be traded on the platform exchange for NIM, which can
be traded openly on third party exchanges.

ECOSYSTEM
The Nimbus Token Platform has a disruptive ecosystem geared towards building businesses and selling their products.
The platform is a place where businesses can launch a token sale to raise funds for their business needs. At the crowdsale, NIM tokens are sold to fund the development of the platform. Once the platform is launched, only NIM tokens can be used to open stores on the platform and launch pre-sales of unique product tokens.
When stores log sales, customers can trade the store’s unique product tokens on the platform exchange. At the same time, if any NIM were leftover from the crowdsale, NIM from the pool are available to be mined and placed into the store’s wallet.
As NIM are consumed to create stores, stores also mine the NIM back out of the pool, when they log sales. This creates the product token cycle; sale, produce, reward and exchange. In this cycle, stores sell a token so they can grow, stores produce goods or services, customers are rewarded with products and product tokens are bartered with others on the platform.

DISTRIBUTION
How The Tokens Will Be Distributed
We want to keep the value of the NIM tokens healthy. It is in no one’s best interest to artificially keep the tokens devalued. At the end of the token sale, all unsold tokens will be pooled for mining by stores on the platform as they log sales. No new tokens will be minted.

Vested Tokens
Reserved for unplanned use

Note: Nimbus Token-based incentives would be offered to the Founders, Team and the Board with a vesting schedule. This would ensure that the management team, the board, and the employees are aligned towards the long term creation of value for the Nimbus Token.

ROADMAP
Nimbus Token Platform

We predict a minimally viable product to be available in Q3 of 2018 with more features coming online the rest of that year. New v2.0 features could conceivably be seen on the platform during Q2 of 2019.

FOUNDER AND TEAM