Help shape the future of Nimiq: the new roadmap is co-authored by all of us

Over the coming weeks, we will be sharing the new Nimiq roadmap right here on the forum; section by section, as a draft for discussion, not a finished announcement. We want your feedback, your ideas, and your criticism to shape it before it goes out to the world, because the roadmap is co-authored by all of us: Team Nimiq and the community together.

An invitation like that only works if we are clear about what we are inviting you to build. So, before the roadmap threads open, here is what Nimiq is in a nutshell.

What is Nimiq

It has been quieter around Nimiq than we would have liked, and we want to start by owning that. The past months brought real change inside the organization. A sharper focus, and a lot of honest conversation about what Nimiq should be.

This post answers this question plainly. Our strategy, our roadmap, and a full organization update will follow right here on the forum, where you can help shape them.

The short answer

Nimiq is an open-source, fully decentralized, web-native blockchain protocol designed to enable frictionless peer-to-peer payments. It combines elements of Bitcoin and Ethereum in a streamlined architecture built for the web, and it exists to empower individuals with open and independent money.

In one line: Nimiq is open-source technology for open and independent money, built as a public good by a charitable non-profit foundation.

Every word is deliberate: technology, because we build software for real-world payments, and our proof is working code anyone can inspect and build on; public good, because we prioritize social impact over profit maximization for individuals; non-profit foundation, because that is who we are and how we make decisions.

A public good

In a market that is intensely profit-driven, being a non-profit that builds open source by default is what makes Nimiq stand out. You can absolutely benefit from acquiring NIM. Our reason for existing is the mission, not the margin: we will never treat our users as something to be farmed, and we see self-custody as a fundamental right worth making accessible to everyone.

What NIM does

NIM and the Nimiq blockchain are central to our mission. They are not a side topic, and we are doubling down on both.

NIM is the utility token of the Nimiq blockchain, a role comparable to the one ETH plays on Ethereum:

  • Securing the network. Staking NIM is what keeps the blockchain secure, and stakers earn yield for providing that security.
  • Running the network. Activity on Nimiq is paid for in NIM.
  • Bridging value. When a payment gets sophisticated, like paying over Bitcoin Lightning while holding a stablecoin, for example, NIM serves as the intermediary token that makes the route work.
  • Powering what comes next. Future features such as privacy functionality and community governance may rely on NIM as well.

And paying directly with NIM stays. What changes is that NIM’s job grows: from the thing you can pay with to the thing that makes every payment on Nimiq possible.

Utility first, value follows

Do we want NIM’s value to grow? Of course we do. The real question is how, and our answer is: sustainably.

Our strategy is simple to state and hard to fake: build real utility, bring real users onto the Nimiq blockchain, and let value follow from genuine use. We choose this path over hype marketing and short-lived speculation not because we are indifferent to value, but because we believe it is the only way value lasts.

We back that with action. Through our ongoing treasury accumulation program, the Foundation has been accumulating NIM responsibly and transparently. We will not promise price outcomes; nobody honestly can. What we do promise is the work: making the network steadily more useful, in the open, where you can verify it.

Where our focus goes

Our intention for the years ahead is focus: fewer things, done really well. At a high level, the direction looks like this:

  • Stablecoin payments on Nimiq. Stablecoins are clearly how the world wants to pay digitally, and our job is to make the Nimiq blockchain the best place to do it. The experience we are building toward: you pay for lunch in a stablecoin, it settles on Nimiq in seconds, from an app where only you hold the keys; and NIM quietly does the work underneath. Our ambition is for the world to pay using the Nimiq blockchain, whatever asset is on the front of the payment.
  • Quantum resistance, so the network stays secure as cryptography evolves.
  • Interoperability with Ethereum and DeFi, so value moves freely in and out.
  • Staking yield, so holding NIM and securing the network go hand in hand.
  • Privacy functionality, because financial self-determination includes discretion.

The full roadmap, with the thinking behind each item, comes next — published here on the forum first, as a draft for discussion, not a decree.

Built together

That is the general reminder of Nimiq’s DNA. And the new roadmap is your chance to take an active role in designing the next steps. It lands here on the forum first, with dedicated feedback windows, public changelogs (what you said, what we changed, what we kept, and why), and regular town halls. Bring your ideas, your Mini-App proposals, your contributions, and your sharp, honest criticism; skeptics are especially welcome. The questions we hear most are always answered in the pinned FAQ.

Open money is worth building. Come build it with us.

Pura Vida
Team Nimiq

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More than a year ago the Nimiq Team was explaining why they had been so quiet over the past year, that a roadmap was coming, and why things were going to be more transparent moving forward.

One year later, you are repeating the exact same thing. I have no idea what is going on with you guys any more. I’m not sure anyone does: nobody posts here any more; the token is at an all time low; no growth in validator count whatsoever; Nimiq’s Youtube channel has only posted seven videos in two years; a newly-elected community council with no presence whatsoever.

It genuinely feels like the project is on life support. Somehow it felt more alive two years ago before Albatross was released. WTF? What the hell has happened to cause this?

This is perhaps the worst position the project has ever been in. To turn things around you will need something huge. NimiqPay is effectively useless for 99.99% of people worldwide. If there is nothing on your roadmap that makes Nimiq have a genuine usecase for a sizeable number of everyday people I am leaving. You’ve dangled tempting goals like BlueCode for over half a decade. That’s the exact kind of thing that this project needs, but communication is so opaque I have no idea whether it, or anything similar, is even being pursued.

You ask for criticism and here it is. This place is so quiet. I’m sure those that have already left would say something similar if they were still around.

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Thanks. That’s a fair point. Last year when we posted that previous blog post we had internal alignment struggles. The project was unclear internally about its vision and that led to long discussions without any concrete results. That’s why last time the blog post didn’t come with further details on our vision, next steps or future roadmap.

This has changed because part of the team has left the project, including members in leadership positions. The new configuration of the leadership team came from internal elections for the Nimiq Foundation Board. And then from sharing a clear vision that remaining team members could decide wether or not they wanted to join.

The new board started operating last June. We shared a new vision and roadmap internally with the rest of the team in July. And now, in August we start sharing it with our community.

I get your frustrations, and I would suggest and appreciate to put some effort in analyzing and discussions the roadmap we are going to share here in the forum.

The project is far from being in live support, it’s actually very aligned, healthy, and eager to start delivering results.

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Who exactly left the foundation? I saw today that the foundation in Switzerland was dissolved back in 2022. From which country is the operational business managed, and is it compliant with EU regulations? How much know-how has Nimiq lost through these former members?

Just wanna answer this part, as I’m a member of the Council. Our presence is mainly here on the forum, responding to the proposals we receive, 13 as of today. So we’re very alive and active, thank you :relaxed:

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We’ll update you about the new organization in a new blog post coming soon.

The foundation was dissolved and re-established in the US because there was no real benefit coming from having it based in Switzerland. And based in recommendations from our legal advisor it was moved to the US.

There has been no I’m major know-how lost. Members with operational know-how are supporting us to transfer that knowledge to the remaining team members. Members with technical know-how are still going to continue contributing in an open-source unpaid fashion and remain available to be reached out by the project.

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Yes. I can confirm the newly elected council is also doing the part to represent the community and support the foundation.

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Thanks Richy, great to see this statement and intention. It brings much clarity on many fronts, namely:

  • What the team values - open-source, decentralisation, social impact over profit maximisation, empowering individuals with independence through self-custody - all things I also value.

  • What you’ve built - a genuinely world-class web-native blockchain protocol that enables frictionless peer to peer payments

I’m looking forward to seeing the first draft of the roadmap. I see the roadmap as a guide that lays out the steps we need to take to get where we’re going. But first we need to understand where we want to get to - what I would call a product vision. That’s no small task in itself but a good starting point is a robust, old school, value proposition statement:

  • what exact pain point are we addressing and for who
  • what will be tangible benefits for them
  • and perhaps most importantly, why would they choose Nimiq to address that pain point over an alternative/competitor

What is Nimiq’s value proposition statement? One that we can all get behind and believe in.

I love the above acknowledgement of stablecoins as an undeniable market trend and user preference. I also love the subsequent, implied vision statement: Nimiq is the best place in the world to make stablecoin payments. You’ll notice that I omitted the reference to the blockchain and that was deliberate. I think it’s helpful to keep the “how”/solution/technology separate at this stage.

I also love the reference above to “Nimiq DNA” - what does that mean? For me, the strongest association isn’t blockchain, PoS, web-native, decentralisation or self-custody. For me, Nimiq is the layer of simplicity that goes over all of those things. That absolute focus on usability in a world of technical complexity was there in 2017 and I think it’s just as valid today.

My interest in Nimiq started with an interest in what a team of highly accomplished individuals could achieve in crypto payments. My interest is maintained nine years later by the extent to which the team has displayed the single, most predictive characteristic for success: resilience. I believe it’s only a matter of time before you pivot into major success.

Pura Vida!

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Thanks a lot for the kind words and the continued support @Dinnyf . I can tell you our focus on simplicity remains unchanged, and we have renewed clarity for the next phase of the project :muscle:

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Sorry, I don’t agree on this one. Members of the council are very active on Telegram and the council does its designated task just fine. Just have a look at the proposals forum category.
Could you please elaborate on what’s missing in your opinion ?

– Mike

From the outside, the project has been dead for a long time. Virtually no engagement across all social media channels for years. A new ATL with a total market cap of only about 50 Bitcoins. Hardly any network activity, visibility in the crypto space is steadily declining, real-world impact ZERO… And this after more than seven years of development.

From an external perspective, the problem clearly lies in the lack of leadership for years. Finally find an EXTERNAL solid Web 3 leader who can develop a clear vision for the project and pursue it resolutely (naturally based on your values) and commit them for at least a year. Look at Michael Figge from BAYC; he completely turned the project around within a few months and created a whole new communication culture…

Juggling leadership roles back and forth between team members won’t achieve much because the structures remain the same. It remains a “pura vida” only for team members and a continued nightmare for long-term investors and community members.

Tl;dr an EXTERNAL web2/3 experienced leadership is IMO the only thing that can save this project from absolute irrelevance.

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I have a different vision for Nimiq’s future.

The Foundation has already accumulated almost over 10% of the circulating NIM supply. In my view, this should be enough for the Foundation to remain aligned with Nimiq and support its future work.

The remaining treasury should be gradually distributed to the people who supported Nimiq and kept it alive over all these years, especially long-term supporters, stakers, validators and active contributors.

These are the people who believed in Nimiq, secured the network and stood behind the project through good and difficult times. If Nimiq truly wants to become a public good, I believe they should ultimately benefit from the treasury that was built around this project.

At the same time, Nimiq should go much further into open-source culture. Development and responsibility should increasingly move into the hands of independent developers and the community.

The Foundation should become less important every year.

My vision is simple: distribute the treasury to the supporters, keep the accumulated NIM as the Foundation’s long-term stake in the project, and let Nimiq become a truly community-driven, independent open-source protocol.

The greatest success would be a Nimiq that no longer depends on a central organization to survive, develop and grow.

In short, I think it comes down to this:

Nimiq is a technology for real-world payments

  • Easy to use
  • Private
  • Fast
  • Low-cost
  • Secure
  • Future-proof

Master these 6 core pillars, then:

  1. Spread the word
  2. Build strategic partnerships
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This comment is undervalued. I fully support your opinion. We need an external Web3 expert. Internal changes won’t solve any problems.

Murad, for example, from SPX6900, has managed to give value to something completely worthless. He would be a great asset to the community.

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Unfortunatelly Nimiq is not “private” - more focus on that I would really love too as privacy is (and hopefully will always be) a current narrative.

Exactly; in my opinion action must be taken on each of the topics mentioned to bring them up to a high (higher) level.

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The three things that still make me passionate about Nimiq are the promise of being able to pay with NIM, with the Nimiq wallet and it’s supported crypto, anywhere in the world; the new goal of privacy and private transactions; and the open-source ethos in the true community driven and developed sense that some of us mentioned above.

I’m really, still, looking forward to seeing this happen.

Pura Vida

Hey @Bjorn_van_der_Schaaf,

I’m really interested in these types of concise statements and how powerful they can be in bringing clarity to what we’re actually trying to achieve.

One question that comes to mind when reading this is: who exactly is this going to solve a problem for. Of course, the easy answer is ‘everyone’, but it’s rarely a helpful answer.

If you, or anyone else in this forum, are interested in thrashing this out further, I’d love to jump on a call some evening.

Thanks,
Denis

Agree on several points. It feels like Nimiq is an ongoing recycling of an inner circle of people, and the results speak for themselves: minimal awareness, minimal adoption, and what seems to be a public phobia of discussing NIM until quite recently. I have no doubt each team member has contributed something meaningful to the project in their own way, but the underlying governance structure and leadership have not produced results that grow adoption.

Having a real-world positive impact as a core value seems to have been replaced by playing it safe and avoiding an invisible regulator bogeyman. Maybe I am over-simplifying things, but if I am a contributor to a decentralized crypto project and I am afraid of regulatory consequences, I am either not contributing to a truly decentralized crypto project or I have too much control over it. The possibility of either option is worth reflecting on in my opinion. So is the ongoing opacity with how this project is being presented to the outside world.

There is now new(ish) leadership and a renewed focus on making Nimiq something of meaningful consequence to humanity. Let’s give them a chance and see how they do. If a year from now the community is met with another structural reorganization and another new roadmap, I think it will be safe to abandon Nimiq as a well-built, useful, but invisible technology that ultimately never made an impact.

Looking further, I think there is a lot of room for outside people to begin influencing and taking over aspects of the project, and would prefer to see a concrete plan for the foundation/centralized team to become less relevant over time.

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If Nimiq sees itself as a decentralized, open-source project, our way of working should reflect that.

I envision “leading by mission”: the community defines clear goals and milestones — the what — while contributors decide themselves how to achieve them.

All that is needed is a transparent project plan: milestone → tasks → owner → progress → result.

Everyone can see what needs to be done, who has taken responsibility, what is progressing and what is blocked.

This reduces the need for constant operational leadership and replaces micromanagement with clarity, autonomy and transparency.

Tools like OpenProject already support goals, milestones, tasks, ownership and visible progress in an open-source platform.

Open source and the absence of traditional leadership do not mean the absence of responsibility. Quite the opposite: everyone takes responsibility for the tasks they commit to.

The goal in crypto should be to find better, more visionary solutions — and to turn them into reality faster than the competition.

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