Symbol in the Media: Public Launch and What’s Next!

Last week, NEM made headlines with the highly anticipated launch of Symbol. After four years of building, testing and collaboration among the Core Developers, NEM community, supporting entities and partners, the Symbol Proof-of-Stake+ public blockchain is live!

To mark the occasion, multiple spokespeople in the NEM ecosystem spoke to members of the media, discussing Symbol’s technical features, use cases and the platform’s potential in building the new economy.

CoinDesk, a giant in the blockchain media space, spoke to Kristy-Leigh Minehan, CTO of NEM Software, and published an article about the launch. See the full article here (Japanese language version here). 

“We believe we are going to see a lot of flexibility in how people use these private and public networks together. You can think of your private network as something of a staging area and platform for public networks. We’re excited to see what comes out of that,”

– Kristy-Leigh Minehan 

Hong Kong-based news outlet Forkast.News spoke to David Mansell, NEM Group’s COO who heads up NEM Group’s growth strategy in APAC, about a number of initial use cases, including the Kentucky Whiskey Digital Fund and LBCOIN. See the full article here.

“We’re looking to encourage interoperability and collaboration with the other blockchains. We’re not competing against them. We want Symbol to be known as the chain to underpin what we call the new economy — using technology to create a fairer society that is more inclusive and accessible.”

– David Mansell

The reach of the news was truly global, with coverage published across 70+ media outlets in Japan, Germany, Korea, India, China, Turkey, Russia and The United Arab Emirates. Highlights included media coverage and syndications in Nasdaq, Yahoo!Finance, Market Watch, Yahoo!News Japan, Enterprise Times, Markets Insider, BeInCrypto, Benzinga, Khaleej Times and Bitcoin Exchange Guide

We also published a three part series on popular crypto news outlet The Block. To discover more about our vision for the new economy movement  check out our articles on Symbol, asset tokenization and CBDCs

As we continue to grow Symbol and NIS1, we’ll continue sharing updates and our latest news. Be sure to follow us on Twitter and LinkedIn for all the latest on NEM and Symbol!

To sum up, some final thoughts from David Shaw, CEO of NEM Group, on what’s next for NEM:

“We believe we are at the start of an entirely new economic and digital system that is more inclusive and accessible. Symbol is uniquely positioned at the forefront of the movement towards decentralization, digitization and tokenization. Symbol’s feature-rich platform makes it suitable for a number of industries and use cases, spanning the enterprise, financial services, regulated asset and wider blockchain spaces. NEM has a vital role to play, alongside and operating with other platforms, in creating this new value paradigm.”

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