For Immediate Release September 15, 2015 Update ... - Squarespace

  For  Immediate  Release     September  15,  2015     Update  on  the  Nautiluscoin  Project     The  mission  of  the  Nautiluscoin  project  is  to  use  digital  currency  and  blockchain   technology  to  bring  money  into  an  economy.    While  digital  currencies  have  been   successful  at  providing  a  means  to  remove  capital  from  an  economy,  few  have   successfully  shown  that  adoption  and  use  can  drive  economic  growth  -­‐  the   Nautiluscoin  project  is  about  to  change  this.     We  are  pleased  to  announce  that  we  have  formally  joined  forces  with  the  Drachmae   Project  and  have  developed  a  full  economic  ecosystem  for  the  island  of  Agistri.    This   ecosystem  includes  a  fully  functional  mobile  banking  system,  a  B2B  ecommerce   platform,    and  a  travel-­‐booking  site,  all  fueled  by  Nautiluscoin.  This  ecosystem  will   be  rolled  out  on  the  Greek  island  of  Agistri  on  September  26,  2015.     We  are  providing  the  tools  for  the  municipality  and  businesses  of  Agistri  to   investigate  ways  of  generating  new  revenue  via  our  blockchain-­‐based  ecosystem.     Businesses  will  be  able  to  save  money  via  the  B2B  platform  by  connecting  directly   with  suppliers,  while  at  the  same  time  offering  discounts  to  travellers  via  the  travel   platform.    Powered  by  Nautiluscoin,  the  ecosystem  will  offer    efficiency  and   simplicity,  providing  tourists  with  a  simple  one-­‐stop  shop  for  all  aspects  of  booking   a  holiday.     We  are  focused  on  the  end  users  of  the  currency  -­‐  the  businesses,  citizens  and   visitors  –  this  is  our  community.    This  proof  of  concept    will  illustrate  how  digital   currencies  and  blockchain  technology  can  benefit  a  community.    To  that  end,  the   communtity  in  Agistri  will    be  actively  involved  in  the  project  and  will  share   ownership  and  revenue  from  the  Drachmae  Project.     Coin  Swap     The  Drachmae  Ecosystem  has  been  built  using  the  NXT  Platform  and  Nautiluscoin   will  soon  be  swapped  onto  the  NXT  monetary  system.    We  have  chosen  NXT  because   of  its  superior  technical  capabilities,  security  and  community  support.  The  business   orientation  of  the  NXT  community  will  be  the  foundation  on  which  we  build  our   ecosystem.      

The  NXT  Foundation  will  be  assisting  with  the  coin  swap  that  will  commence  on   September  18,  2015.  We  will  post  the  coin  swap  instructions  on  Bitcoin  Talk  on   Wednesday,  September  16,  2015  and  the  offical  commencement  will  be  announced   via  Nautilsucoin’s  Twitter  account.       The  NXT  Foundation  will  also  be  assisting  with  the  structure  and  the  operation  of   the  Nautiluscoin  community,  which  includes  the  businesses  and  citizens  of  Agistri   who  wish  to  join  the  project.  This  project  would  not  have  been  possible  without  the   expertise  and  support  of  the  NXT  Foundation.  The  NXT  team  and  Foundation  have   been  integral  to  realizing  this  opportunity  to  utilise  the  power  of  blockchain   technology.     The  Launch  Event     The  September  26,  2015  launch  of  the  Drachmae  Ecosystem  will  include  a   community  barbecue  where  the  Nautiluscoin  airdrop  will  formally  take  place.  Each   citizen  that  attends  will  be  given  €100worth  of  Nautiluscoin  to  spend  at  the   barbecue  and  local  businesses.      As  well,  members  of  the  press  will  be  given  €100   worth  of  Nautiluscoin.     We  will  also  be  hosting  a  Hackathon  event  for  developers  to  explore  our  blockchain   ecosystem  and  create  apps.    We  encourage  anyone  with  an  interest  in  blockchain   technology  to  develop  apps  that  can  solve  real  world  problems  for  the  community.   We  will  be  hosting  up  to  40  developers  to  join  in  this  first  of  its  kind  Hackathon  in   Greece.  We  are  also  extending  an  open  invitation  to  companies  and  government   organisations  to  visit  and  observe  the  event.     The  launch  event  will  be  capped  off  with  a  televised  fashion  show  featuring   professional  models  wearing  GetNauti  gear.    We  have  hired  a  camera  crew  to  be  on   island  for  the  launch  event  to  capture  this  historic  moment.    This  fashion  show  is  a   pre-­‐shooting  for  the  Athena  Model  TV  Show  that  will  be  hosted  on  Agistri  in  2016.       We  are  excited  to  bring  this  revolutionary  technology  to  Agistri  and  are  grateful  for   the  foresight  of  the  Mayor,  local  businesses  and  citizens.      This  will  be  the  first  time   an  entire  economic  ecosystem  has  been  experimented  and  deployed  and  we  are   looking  forward  to  this  historic  event.       Brian  Kelly  Capital  Investment     The  ecosystem  that  will  be  deployed  is  both  scalable  and  efficient,  making  it  suitable   for  multiple  use  cases.    In  parallel  with  the  Drachmae  launch  on  Agistri,  Brian  Kelly   Capital  (BKCM  LLC)  will  be  making  a  seed  investment  in  a  new  entity  that  will   deploy  this  ecosystem  globally.  The  new  entity  will  license  and  implement  new   blockchain  based  economic  ecosystems  similar  to  the  Drachmae  Project.  Currently,  

the  entity  anticipates  targeting  developing  micro-­‐economies  in  Latin  America  and   Africa.       Commenting  on  the  investment,  Brian  Kelly  said,  “With  this  technology  we  can  deploy   a  fully  functioning  economic  ecosystem  which  includes  a  banking  system,  a  commerce   platform  and  a  currency.  We  are  excited  to  be  a  part  of  this  revolution.”     The  new  entity  will  be  focused  on  deploying  this  technology  to  other  countries,   municipalities  or  organizations  that  need  a  fully  functioning  micro-­‐economy.