Looks like they intend to build a DeX on top of catapult, which will be exciting to see.

Things are still very early days in the blockchain space.
Anyway, ive only been posting about two or 3 photos on there every few days and the activity on my feed is increasing heaps!
Lots of people are subscribing to me and liking my photos.
Interesting to watch.

On the second of September they have hit 10,000 photos uploaded since they launched on the 22nd of August. Not bad!

Check out NEMlog which is a social media / blog platform using NEM to reward posters.
https://www.youtube.com/watch?v=Rq7XCG0ZogY&feature=youtu.be

Yeah thats quite a good comparison.
It does allow users to comment on photos, "like" or upvote them and also let users follow you in much the same way as instagram, but without the whole social network side that instrgram does.

Basically user rights and other details are stored there, not the photo itself. Much in the same way that steemit does not store any images you post there.

They were never bankrupt, the NEM foundation was simply applying for further funding from the core funds, since they were only originally funded for 2 years to begin with, and that time had passed.
The change of leadership has only been positive for NEM. Should also point out that the NEM foundation runs independent from the devs, but is there to assist development.

Regards being developer friendly, I can confirm NEM is very developer friendly and easy to build on, as its API driven and can be used by devs in the language they prefer to use.

Latest catapult update guys
https://forum.nem.io/t/catapult-elephant-update-part-1/23314?u=nemsecretariatoffice

The blockchain is not storing the photos, only ownership records. You can also have the option to delete your photos

I would imagine they will have an app ready at some point.
Will check with them and ask.

I dont use instagram either.
I probably made a bad comparason to instagram, since they are more of a social network, where this is more for sharing photos and earning rewards from royalties or tips.

Quoted from nemgraph, it has this to say about their RiNG certification:

What is RiNG?
RiNG is an innovative feature which can prove that your post is your own photo by using NEM block chain. Posted images ,content & its author, even the date and time of posting will be recored on NEM chain forever.

So yes, its essentially a way to register your copyright/ownership and timestamp it on the blockchain.

people can tip you any amount of XEM tokens they wish.
Im surprised how many tips i already received in a short space of time.
Ive been told by others using it that railway photos are proving popular with the Japanese.

ICO's were just a way for many scammers to jump on the bandwagon.
Thankfully government regulation has helped in this department.
For sure a few ICO's will succeed, but the majority looked very scammy to me.
IEO's are likely to replace many and we will see more in the future along with tighter regulations from government watchdogs in the industry.

The Japanese community have built this photo sharing site, much like how Instagram works, but with added benefits of registering your ownership on the blockchain, receiving tips and also the option of charging a fee for a third party to use your content.

Its still a work in progress and expect more improvements to be added soon with translation added for the Japanese comments.
I posted a couple of photos last night and my feed went crazy!
Its called Nemgraph, register on http://nemgraph.net.

Hey, everybody! Check out what the awesome Japanese community have just built on NEM!
its called NEMgraph and they have the english version now live!
Its basically like instagram, but you get the option to register your ownership of content on the NEM blockchain and also can recieve tips and charge royalties if you want for any content you own.
https://nemgraph.net/
I posted a couple of photos last night and my news feed went crazy

Here is the coindesk article on reddit, please upvote
https://www.reddit.com/r/CryptoCurrency/comments/c3w2ol/nem_launches_development_studio_ahead_of_major/

We are back in the top 20 guys
https://www.reddit.com/r/CryptoCurrency/comments/bp8p5w/crypto_market_overview_altcoins_rule_the_day_nem/

wow I thought this coin was dead lol

Catapult roadmap released! 

https://www.youtube.com/watch?v=5I55YjytMtI