Frequently Asked Questions (FAQ)

We are available to answer questions 24/7 on our Telegram channel.

Please ensure that you take advice only from one of the NERVE team members. Their official accounts are:

Telegram admins:

  • @iamchmp
  • @JKXFFX 
  • @imaqt090
  • @Nackel

Any other responses do not come from NERVE staff and should be disregarded.

The Telegram UI does make it easy for scammers to fake a username. A good article on the topic: How to Avoid Telegram Scams.

Websites:

Please invest only via the official NERVE URL, in contact with a person listed above and the official e-mail business@nerveglobal.com!

We have personal contact to all investors in order to support NERVE together.

Social media:

TWITTER: twitter.com/nerve_global

INSTAGRAM: instagram.com/nerveglobal/

TELEGRAM: t.me/nerveglobal

FACEBOOK: fb.me/nerveglobal

LINKEDIN: linkedin.com/company/nerveglobal

TWITCH: twitch.tv/nerveglobal 

YOUTUBE: youtube.com/channel/UCdF_3tj-Ixz6U_6VtIsz2ug

REDDIT:

GITHUB: github.com/nerveglobal 

E-mail:

business@nerveglobal.com 

support@nerveglobal.com 

Don’t find the information you need?

Please contact support@nerveglobal.com 

NERVE is a game changing decentralized system, which is composed of independent Smart Contracts working with mathematical certainty. Therefore, NERVE can be constantly expanded by enhancing the Decentralized Autonomous Organisation (DAO). Everyone can profit from the growth of the NERVE platform by participating in our Equity Token Offering. The further expansion of NERVE’s areas of application should increase both revenues and token prices. Every possible player is in demand and can not only earn money by their own use through fulfilled tasks, but also increase the revenues for all token holders and thus the value of the equity token.

Ultimately, at NERVE, absolutely everyone has the right to decide how the Decentralized Autonomous Organization (DAO) is organized. The enormous spectrum of the Decentralized Autonomous Organization (DAO) has the potential to be integrated into any area and used by anyone. Anyone can integrate NERVE into their individual business case and thus enhance the community’s growth, overall success, reputation and earnings.

Therefore, the active code of the DAO cannot be changed after implementation but only be supplemented. Through this independence, the equity token holds an enormous potential for investors and users.

NERVE is a purely decentralized autonomous organization that is open source and not owned by anyone or bound to any jurisdiction. NERVE Corp only sells shares in the contract on behalf of current owners.

With a minimum investment of EUR 100,-  you can be part of the next generation of livestreaming and digital interaction.

We are currently crowdfunding our platform, providing an opportunity for investors to benefit from the exponential growth in the future of the emerging live streaming market. 

By investing with a minimum of EUR 100,-  in the NERVE ecosystem, all investors participating in revenues rather than net profit.

 

Please contact us for an investment in our first stage:

business@nerveglobal.com 

 

  1. Round

Value/Token 

EUR 1,00 

Available shares in the first round: 

20% 

Equivalent: 200.000 NERVE (NRV) 

Corresponds to: EUR 200.000, – 

Risk factors

Investors who are considering purchasing the Project Tokens of the Company („Contributors“, „Token Holders“) should carefully read and consider the following general and specific risk factors described below. The risks described below are not the only risks that come into question for the Company or its business activities and are by no means intended to represent a comprehensive list. The order in which the individual risks were chosen to be presented does not provide any indication of the probability of occurrence or the seriousness or importance of the individual risks or their impact on the Company in the event that they occur. Additional risks that are not business-specific and that are not yet currently known to the Company or that the Company does not currently deem to be relevant may likewise have an impact on the business activities. Each of these risks may negatively influence the business activities, the financial situation and/or the profitability of the Company.

 

1. General risks

A. Contribution risks

Contribution to the Project Tokens offer an opportunity for significant capital gains but also entails a high degree of business and financial risks, including the possibility of a complete loss of the investment. The Company is free to use the Contribution in pursuit of its own entrepreneurial objectives. 

B. Force majeure risks

The Company’s projects now or in the future may be adversely affected by risks outside the control of the Company, including labour unrest, civil disorder, war, terrorism, subversive activities or sabotage, fires, floods, explosions or other catastrophes, epidemics or quarantine restrictions.

 

2. Risks specific to the Company

A. Business model and competition risk

The (future) business model of the Company is based on new technology and, as of today, there are only a few, if any, comparable products on the market available worldwide. The cryptocurrency and blockchain market in which the Company operates is a completely new and fast-evolving market. Therefore, limited information is available about the market in which the Company operates and how the market will develop in the future is unpredictable at this point in time. 

Competitors may succeed in developing alternative or comparable products which are (e.g.) more innovative, easier to use or more cost effective than those that have been or may be developed by the Company. This may place pricing pressure on the Company’s product offering and may impact on the ability to retain existing clients as well as attract new clients. If the Company cannot compete successfully, its business, operating results and financial position could be adversely impacted.

B. Failure to retain existing customers

The Company’s financial performance is, in part, reliant on its ability to retain existing clients. Existing clients may for various reasons not support the (future) crypto business of the Company and, therefore, may not continue their business relationship with the Company in the future.

C. Failure to obtain new customers

If the Company loses existing customers and cannot obtain new customers, the Company’s reputation, marketing opportunities, and financial performance may be adversely impacted and damaged.

D. Growth strategy risks

If the Company cannot build a strong internal support structure with sales staff and training, it is likely that the Company will not be able to adequately respond to opportunities to expand its business. As a result, the future growth and financial performance of the Company may be adversely impacted. 

The Company may also be subject to over investment in its growth strategy. Should the Company successfully expand its internal systems to support the demand of clients from around the globe, but not receive the expected demand, the business profitability and financial performance may be adversely impacted.

E. Dependency on certain key personnel and third-party advisors

The Company’s crypto business is dependent on the know-how of certain key personnel and third-party advisors which comes with the risk of key personnel leaving and knowledge drain. The recruitment and interview process for new employees is extensive to ensure all aspects of an employee’s suitability for a role are considered. 

F. Security risks

The Company uses private distributed ledger technology based on Ethereum which has proven successful in practice. However, it cannot be ruled out that Ethereum and/or the Company and/or future smart contracts as well as other software and hardware of the Company will become the target of hacker attacks. Such attacks may result in the loss of the Project Tokens or any other tokens whatsoever. Failure in the Company’s IT systems or through negligent action of an employee could breach rules on confidentiality and cause loss of business or damage to the Company’s reputation. 

G. Shortage of funding

The funds raised under the initial coin offering will be used to accelerate the Company’s crypto business, including infrastructure, marketing and growth plans. However, if the initial coin offering does not raise enough proceeds to start a profitable crypto business or the Company incurs unexpected costs or is unable to generate sufficient operating income, further funding may be required. Any additional funding through security issues is dependent upon market conditions at the time. Debt financing may not be available to support the scope and extent of proposed developments. If available, it may impose restrictions on operating activities or anticipated expansion of the Company’s operations. 

H. Protection of intellectual property:

AA. Confidential information

The Company’s business involves blockchain software, knowledge base of banking business operations, customer records and other confidential information that is key to the success of the business. Such confidential information is monitored with strict security. However, if this confidential information is released or misused, the Company’s margins and revenue may be adversely impacted.

BB. Intellectual property protection 

The Company’s success in its (future) crypto business depends, in part, on its ability to protect its innovations, e.g. with property rights. A request for a patent, trademark or similar has not been filed yet, thus, the outcome of any such filing cannot be predicted at this time and an adverse result could have a material effect on the Company’s margins and revenue. 

I. Tradability

The Company’s Project Tokens are currently not efficiently tradable. As a precautionary measure, it is pointed out that virtual currencies or tokens are generally subject to considerable fluctuations in value and price. This concerns the future development of tokens and the exchange rate at which tokens could possibly be exchanged into other currencies and/or tokens in the future. In particular, no statements can be made as to whether a liquid secondary market is or will be developing for the Company’s Project Tokens or tokens in general. 

J. Technology

The technology of blockchains is still in the early stage and there might be new innovations that will not work as expected or fail totally in future. 

K. Private key

A wallet and the tokens it contains can only be accessed using the private key assigned to the wallet. The Token Holders are solely responsible for the secure storage and administration of the private key to the wallet in which Project Tokens are held, as well as for the protection of the private key and the wallet against unauthorized access by third parties. Loss of the private key can lead to irretrievable loss of the Project Tokens in the wallet. There is usually no recovery mechanism for lost private keys. We recommend that Project Token Holders seek professional advice on the safe management of private keys.

A Decentralized Autonomous Organization (DAO) is characterized by the use of blockchain technology. The technology allows for a secure digital ledger tracking financial interactions over the Internet. This is protected against counterfeit by making use of trustworthy time stamps and on a distributed database. This approach eliminates the need to involve a mutually acceptable trusted third party into a financial transaction. This approach makes the transaction simpler and lower overall transaction costs. Efficiency is gained through eliminating data reporting, compliance costs, the intermediary’s overhead as well as repeated recording of the exchange of contracts in multiple records. Decentralized Autonomous Organizations (DAO) aim to be open platforms where individuals control their identity and personal data without any interference from third parties, whether they may be banks, governments, company’s gathering data of any other market participant.

Equity tokens are, in a very real sense, 21st century stocks.

An equity token represents a share of underlying decentralized earnings and is therefore similar, but not equal to a stock share. As with any share purchase, the holders own their respective share of the product’s earnings potential. As opposed to conventional stock, the NERVE equity token entitles the investor to a share in total revenue rather than net profit. Therefore, the risk associated with the NERVE equity token is significantly lower than in a comparable stock investment as investors do not share costs. Another remarkable difference between the equity token and a traditional share is the method of capturing ownership. A traditional holding is recorded in a database and can be proven by the means of a physical certificate. An equity token records the ownership in the system and its earnings on a blockchain securing it with mathematical certainty. Compared to ownership in a company, the NERVE equity token is similar to a bearer stock but will still yield a share of the revenues generated through the DAO, even if no active company is investing in the business. Investors are shielded from losses through participating in revenues rather than net profit. Ultimately, at NERVE, absolutely everyone has the right to decide how the Decentralized Autonomous Organization (DAO) is organized. Therefore, the enormous spectrum of the Decentralized Autonomous Organization (DAO) has the potential to be integrated into any area and used by anyone. The active code of the DAO cannot be changed after implementation but only be supplemented. Through this independence, the equity token holds an enormous potential for investors and users. Anyone can integrate NERVE into their individual business case and thus enhance the community’s growth, overall success, reputation and earnings.

The dApp will be available on the Play Store and App Store. A Windows and Mac version will also be released.

Please use your mnemonic words to recover your wallet.

You lost everything in your account. We can’t help you out.

Your mnemonic words are a full backup of your account and configuration (the recovery phrase is only displayed once). Please store your recovery sheet in a safe place (not online or on any device). 

Running through Ether tokens, our product ensures that customers will not have to deal with arbitrary inflation or high risks in the traditional financial sector.

Ethereum are available until they are claimed.

Yes, you will automatically receive your claimed token in the wallet of your account.

After you have claimed your Ethereum, you can send it from your internal wallet to any Ethereum address.

Nobody wants to donate or use our global feed, so we don’t generate revenue.

We have two attack scenarios:
1. someone tries to influence the result positively with many votes, even though the task was not actually completed.
2. someone tries to influence the result with many votes negatively, although the task was actually fulfilled.

to 1: Less serious case, because the service provider (the streamer) gets his money. This could only lead to the spectators not voting anymore in the long run, because the tasks were not fulfilled and the money was still paid.
Very unlikely that this will happen, because the attacker himself will lose his money to the streamer if he falsifies the result positively.

to 2: Much more critical, because the service provider is not paid out, although the task was fulfilled. Here there is the risk for the attacker that he does not manage to get enough votes and loses his effort. It would be recommendable for the streamer to only tackle tasks where enough people participate (at least 10 e.g.), so that the result can be determined as democratically as possible.
However, this would be a purely destructive attack, in which the attacker does not generate any additional value for himself. If the product is good and the streamer performs well, the user should have an incentive to reward the streamer for the service.

Each NERVE (NRV) token holder receives his share according to their share of outstanding NERVE (NRV) tokens. Each token holder can redeem this amount according to their token shares at any time. The GAS costs are borne by the token holders themselves. Everyone can decide for themselves when and how much profit should be paid out. As opposed to conventional stock, the NERVE equity token entitles the investor to a share in total revenue rather than net profit. That’s why investors are shielded from losses.

NERVE offers three different funding rounds. After each funding round the purchase of our equity tokens is blocked. Only after reaching milestones set by NERVE the next stage will be opened and accessible for investors. In this way we ensure that NERVE has a steady increase in value for all investors.

  1. Round

Value/Token 

EUR 1,00 

Available shares in the first round: 

20% 

Equivalent: 200.000 NERVE (NRV) 

Corresponds to: EUR 200.000, – 

 

  1. Round

Value/Token 

EUR n./a.

Available shares: 

15% 

Equivalent: 150.000 NERVE (NRV) 

 

  1. Round

Value/Token 

EUR n./a. 

Available shares in the first round: 

5% 

Equivalent: 50.000 NERVE (NRV) 

NERVE does not offer any percentages. The attributed shares will be larger for earlier investors to compensate for the higher risk. Thus, the value per token is assumed to be lower.

NERVE does not offer a bounty program.

All dividends must have been paid out by both sides before an exchange so that you can send nerve tokens to prevent double spenidng.

What happens if the NERVE (NRV) token is on an exchange?

We have built in a „switch“. This switch ensures that in active mode, all revenues generated by the NERVE ecosystem expire for the token owner. This way we stabilize the token, because traders will lose more money on carrying the tokens instead of simply holding them when the NERVE ecosystem generates the corresponding revenues.