Nexum (OP)
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February 23, 2022, 09:54:44 AM |
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holydarkness
Legendary
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Activity: 2534
Merit: 1420
Yes, I'm an asshole
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February 26, 2022, 03:47:29 AM |
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I don't think I understand how using your platform could solve problems in delivery delays. Some, if not most, of the delays happens out of the shippers or the client's control, like force majeure on seaways, problems in land trucking route, overtimed stuffing, or even the ones like what recently --still-- happened and hit a major damage to the shipping worldwide, the scarcity of empty containers to be used by traders and suppliers due to the bottlenecked docking in west coast?
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Nexum (OP)
Copper Member
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Activity: 41
Merit: 0
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February 27, 2022, 09:23:56 AM |
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I don't think I understand how using your platform could solve problems in delivery delays. Some, if not most, of the delays happens out of the shippers or the client's control, like force majeure on seaways, problems in land trucking route, overtimed stuffing, or even the ones like what recently --still-- happened and hit a major damage to the shipping worldwide, the scarcity of empty containers to be used by traders and suppliers due to the bottlenecked docking in west coast?
Many thanks for the very interesting question. The issues referred to are part of the logistics chain. Nexum platform is not a logistics chain platform and we are not trying to resolve inefficiencies there. We are a financing platform. We finance ecosystem participants like bunker traders and collect data like vessel consumption, payment behavior of the shipowner, etc that are important for insurance companies, charterers, banks, investment funds, etc. In the process, we also develop tools to help ship managers to coordinate the jobs they have to perform when the vessel calls a port and credit assessment model. Our hope is at a later stage to be able to predict trade flows and the bottlenecks and issues you are referring to and try to mitigate them. Many thanks for the opportunity to clarify better what we do.
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holydarkness
Legendary
Offline
Activity: 2534
Merit: 1420
Yes, I'm an asshole
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February 28, 2022, 11:03:36 AM |
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I don't think I understand how using your platform could solve problems in delivery delays. Some, if not most, of the delays happens out of the shippers or the client's control, like force majeure on seaways, problems in land trucking route, overtimed stuffing, or even the ones like what recently --still-- happened and hit a major damage to the shipping worldwide, the scarcity of empty containers to be used by traders and suppliers due to the bottlenecked docking in west coast?
Many thanks for the very interesting question. The issues referred to are part of the logistics chain. Nexum platform is not a logistics chain platform and we are not trying to resolve inefficiencies there. We are a financing platform. We finance ecosystem participants like bunker traders and collect data like vessel consumption, payment behavior of the shipowner, etc that are important for insurance companies, charterers, banks, investment funds, etc. In the process, we also develop tools to help ship managers to coordinate the jobs they have to perform when the vessel calls a port and credit assessment model. Our hope is at a later stage to be able to predict trade flows and the bottlenecks and issues you are referring to and try to mitigate them. Many thanks for the opportunity to clarify better what we do. Thank you, the explanation give a more clear insight on where you stood. Nonetheless, I still don't understand how it'll work for the traders and exporter/importer. Far as I can get from reading your reply, your service works for the middlemen i.e. the forwarders and --as you said yourself-- the insurance companies, while the end user themselves --the traders-- whom you propose the solution to the aforementioned common issues would rarely bothered with the issue of the shipowner's behavior, vessel consumption, etc.
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Nexum (OP)
Copper Member
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Activity: 41
Merit: 0
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March 02, 2022, 12:23:56 PM |
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I don't think I understand how using your platform could solve problems in delivery delays. Some, if not most, of the delays happens out of the shippers or the client's control, like force majeure on seaways, problems in land trucking route, overtimed stuffing, or even the ones like what recently --still-- happened and hit a major damage to the shipping worldwide, the scarcity of empty containers to be used by traders and suppliers due to the bottlenecked docking in west coast?
Many thanks for the very interesting question. The issues referred to are part of the logistics chain. Nexum platform is not a logistics chain platform and we are not trying to resolve inefficiencies there. We are a financing platform. We finance ecosystem participants like bunker traders and collect data like vessel consumption, payment behavior of the shipowner, etc that are important for insurance companies, charterers, banks, investment funds, etc. In the process, we also develop tools to help ship managers to coordinate the jobs they have to perform when the vessel calls a port and credit assessment model. Our hope is at a later stage to be able to predict trade flows and the bottlenecks and issues you are referring to and try to mitigate them. Many thanks for the opportunity to clarify better what we do. Thank you, the explanation give a more clear insight on where you stood. Nonetheless, I still don't understand how it'll work for the traders and exporter/importer. Far as I can get from reading your reply, your service works for the middlemen i.e. the forwarders and --as you said yourself-- the insurance companies, while the end user themselves --the traders-- whom you propose the solution to the aforementioned common issues would rarely bothered with the issue of the shipowner's behavior, vessel consumption, etc. Many thanks for the interesting question. Shipowners and ship managers would not willingly provide information related to the performance of the vessel and/or its financial status. By financing the traders, who provide much-needed working capital to the shipowner, we obtain important data on the vessel's performance. For example, accurate bunker consumption is important information for the vessel charterers as they are the ones that pay for them. Bunker expense is so significant that ship managers have on charterers' request to use weather routing companies to optimize vessel routes and reduce consumption. Engine spares, frequency of issues, etc are important for hull and machinery insurers, for charterers, and for other shipowners in case of a sale and purchase transaction. Bringing more transparency in an opaque industry gives value to many industry participants including financial institutions and reduces unnecessary costs.
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holydarkness
Legendary
Offline
Activity: 2534
Merit: 1420
Yes, I'm an asshole
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March 02, 2022, 04:05:47 PM |
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I don't think I understand how using your platform could solve problems in delivery delays. Some, if not most, of the delays happens out of the shippers or the client's control, like force majeure on seaways, problems in land trucking route, overtimed stuffing, or even the ones like what recently --still-- happened and hit a major damage to the shipping worldwide, the scarcity of empty containers to be used by traders and suppliers due to the bottlenecked docking in west coast?
Many thanks for the very interesting question. The issues referred to are part of the logistics chain. Nexum platform is not a logistics chain platform and we are not trying to resolve inefficiencies there. We are a financing platform. We finance ecosystem participants like bunker traders and collect data like vessel consumption, payment behavior of the shipowner, etc that are important for insurance companies, charterers, banks, investment funds, etc. In the process, we also develop tools to help ship managers to coordinate the jobs they have to perform when the vessel calls a port and credit assessment model. Our hope is at a later stage to be able to predict trade flows and the bottlenecks and issues you are referring to and try to mitigate them. Many thanks for the opportunity to clarify better what we do. Thank you, the explanation give a more clear insight on where you stood. Nonetheless, I still don't understand how it'll work for the traders and exporter/importer. Far as I can get from reading your reply, your service works for the middlemen i.e. the forwarders and --as you said yourself-- the insurance companies, while the end user themselves --the traders-- whom you propose the solution to the aforementioned common issues would rarely bothered with the issue of the shipowner's behavior, vessel consumption, etc. Many thanks for the interesting question. Shipowners and ship managers would not willingly provide information related to the performance of the vessel and/or its financial status. By financing the traders, who provide much-needed working capital to the shipowner, we obtain important data on the vessel's performance. For example, accurate bunker consumption is important information for the vessel charterers as they are the ones that pay for them. Bunker expense is so significant that ship managers have on charterers' request to use weather routing companies to optimize vessel routes and reduce consumption. Engine spares, frequency of issues, etc are important for hull and machinery insurers, for charterers, and for other shipowners in case of a sale and purchase transaction. Bringing more transparency in an opaque industry gives value to many industry participants including financial institutions and reduces unnecessary costs. Ahh, my apologies, I read the previous section of your post from my screen which put the word "bunker" and "trader" into different line and I assumed you mistyped, and that you meant to say that your target market --to whom these information will be beneficial to-- are "banker" and "trader". Revisiting the post after reading your reply quoted above made me realize that it was not two separate words and you're meaning to say "bunker trader" and it is not a typo. I'll say if your target markets are the bunker traders, then your proposed solution of integrated information served in blockchain could be beneficial for them
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koang
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March 10, 2022, 11:02:20 PM |
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The Nexum price today is $0.609778, +98.02% from ATL with a 24-hour trading volume of $11,744,953. For the tokens listed on a small exchange, it's very impressive The project is growing and doing that extremely fast
BTW. Total Supply: 5,000,000,000 NEXM but just 680 token Holders? What about Circulating supply, anyone know?
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METASENS
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Activity: 87
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March 13, 2022, 04:29:46 PM |
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The Nexum price today is $0.609778, +98.02% from ATL with a 24-hour trading volume of $11,744,953. For the tokens listed on a small exchange, it's very impressive The project is growing and doing that extremely fast
BTW. Total Supply: 5,000,000,000 NEXM but just 680 token Holders? What about Circulating supply, anyone know?
You can check the price and trading volumes of Nexum (NEXM) on coinmarketcap. Here are links to check the price of the token - https://coinmarketcap.com/currencies/nexum/markets/
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Nexum (OP)
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March 18, 2022, 04:13:06 PM |
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Megladoge
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Merit: 1
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March 23, 2022, 07:41:04 PM |
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Now DeFi platforms are very popular and offers a lot of usefull tools like this. Usually DeFi are used only for financial services but the use of DeFi more wide. They can used for different survices like unbanking shipping for example. Blockhain technology is transparent and its allows to check everything. Here is a link to check all current exchanges and listings https://coinmarketcap.com/currencies/nexum/markets/Also this link allows to know more about the project and its trading volumes. Hope soon we will see new listings. Lets check the news. In all cases for new project the trading volumes are very good.
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Nexum (OP)
Copper Member
Newbie
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Activity: 41
Merit: 0
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March 24, 2022, 08:21:20 AM |
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