Nimses Outline

A child of bitcoin and Facebook, or so they call it. The greatest fraud or an economic revolution? Everything is up to its creators.

Black mirror-ish design and a very familiar concept that we saw lately in the movies. Life equals time, time equals money. Literally.

Nimses creators took this idea and now all willing users, should they so wish, may start earning virtual coins, nims, right upon registration. Every minute, one more nim is added to a user's account, which makes 1,440 nims a day.

Are these numbers worth anything?

Social network

Every time you make fancy posts on your FB page, you expect “likes.” Likes are a sort of manifestation of people's approval, they are pure happiness to you and also an indication that you have posted something more or less valuable.

Likes lose their value almost immediately. You are no more happy with yesterday's likes. That fancy post got quickly lost in the feed, so only fresh posts can bring that sweet dopamine feeling of doing something right.

Nimses, as opposed to traditional social networks, have a single pool of likes. Every time your activity gets likes-nims, people symbolically donate you their time. Practically, that makes you a little bit wealthier and more popular. Everyone can see how much “time” you have collected. The thickness and color of your nimb represent the number.

E-currency

Technically, nims are similar to any crypto-currency (blockchain technology is being used since 2017), they are just linked to a social network. Their value is purely imaginary; they are like video game achievements. Unless I am ready to sell—or buy—real goods and services for nims, they mean nothing.

What if I told you that every “real” currency's value (e.g. American dollar) is mostly imaginary as well?

In fact, people believe in nims, too. You can have a coffee in Moscow for nims once a week, just because you exist! So, there is such a thing as free breakfast, really?

A Ponzi scheme?

Indubitably.

Bloggers that argue how lame Nimses is, create accounts there nonetheless – out of sheer curiosity.

Let's calculate: if Nimses app was downloaded 500,000 times last month, users accumulate a total number of 720 million nims a day. 1 nim is worth $0,001 as of now, so do they have $720,000 to pay new users? No. If all users claim this money simultaneously, the system will collapse. However, direct transactions of goods and services isolated inside the system can keep it afloat.

How about taking a quick look at Zeitgeist movie? The Big Short , maybe? That would spare me a great deal of explanations why the entire world economy is a giant economic bubble. It is okay that Total Debt of the most developed countries is higher than Gross Domestic Product.

In short, a clever set of rules and limitations allow modern economy to postpone the moment of collapse. Financial masterminds do everything possible to postpone that moment forever because when it comes, all the people will lose lots of property and investments. The ordinary people will be hurt most. Everyone is in it. That's just the way it is.

Revolution of Mind

I don't have enough paper in my house to describe and explain what Nimses is meant to be. A wondrous idea to unite the values of life, money, and popularity? An overhyped scam, destined to disappoint its followers? A deep philosophy that has the power to bring some order into this nuclear world? Nimses manifesto seems as convoluted and verbose as possible to me.

For some reasons, creators call the project meta-national, although it was founded in Kyiv, Ukraine. And guess what, it is registered in the US.

Promotion of decentralization

Only users within a certain range from your location are visible in the app.

Now it's time to mention Infinims and Temples. Gets even more sophisticated, huh?

Infinim is worth 120 years of nims. Obviously, idle users can never get one in a lifetime. Infinims allow claiming Temples. Whoever has claimed it, becomes a Temple Master. Temple itself is a certain area of the earth. Nimses see the globe as approximately 1 million Temples.

The feature, however, is not functional yet. But when it is...

Cui Prodest?

The creators have their share of nims earned by all the network users. The exact percentage doesn't matter, the point is, before the introduction of Temples, they owned the whole treasury. Whenever someone was ready to sell goods for nims, they had all the means to buy.

Nimses Goods service is promised to be globally accessible since August, 2018. It all implies that the system will suffice if it manages to maintain a proper balance of demand and supply.

Also, the creators are willing to share the power: Temple Masters will harvest 11 nims from each Temple Citizen. To be become a citizen, one has to actually spend most of his time within the borders of a Temple, and a Temple can be claimed only by a Citizen who possesses an Infinim. So, one Temple per person, that actually lives there. That is the idea of new, decentralized capitalism.

The creators keep lots of things unclear and mystified, that arises suspicion. Remember me talking about rules and restrictions? If all the users at once politely ask to exchange their nims for dollars – they won't have it. However, preordering infinims for thousands of euros is far easier.

As long as the project is led by decent people, something decent will turn out, but how can we tell?