By @SimonCocking interesting interview with Loughlin Nestor, Founder of Blocknubie

 What is your background briefly?

From the West of Ireland, not too far from the Cliffs of Moher, financial and economic background, founder of Mayday Corporation, with over a decade involved with assisting and advising startups and entrepreneurs.

Does it seem like a logical background to what you do now?

Most definitely. From an early age obsessed about “entrepreneurship enablement” and how this can benefit growth, generate jobs and create a balanced and vibrant economy. I have been very fortunate to have worked with both public and private clients, ranging from Government, State Agencies through to corporate clients and startups, helping to drive entrepreneurial policy and initiatives to further enhance the growth of that sector. Passionate about effecting change and with this in mind, founded the 1st cloud based ecosystem for entrepreneurs.

1 min pitch for what you are doing now?

I am the founder of Blocknubie, a decentralized platform powered by a multidisciplinary team passionate about creating sustainable blockchain businesses. Currently in private presale. Effectively Blocknubie is an emerging open source platform that acts as a bridge between off-chain organizations, startups and the blockchain ecosystem. We simplify and automate the startup process and facilitate on-boarding of traditional enterprises onto the blockchain. The platform guides users towards setting up business quickly and effectively, complemented with a number of DApps to enhance success, structure and speed. As a decentralized market-based economy Blocknubie focuses on meeting all of Blockchain startup needs including development tools, advisory services and most importantly capital and investment.

Why did you get involved with this ICO?

What attracted me to the ICO model was that its unlike any traditional funding mechanism. It prompts me to think of Alain de Botton “Most business meetings involve one party elaborately suppressing a wish to shout at the other: ‘just give us the money’.” At the core is the premise that the startup is in control. The very first ICO raised $500,000 for the startup, Mastercoin, in July of 2013. ICOs showed promise the following year with $7 million being raised in just 5 hours for Maidsafe and over $18 million raised for the crypto platform; Ethereum. The next two years after had its ups and downs with inconsistent growth but still brought startups such as Augur to market. Never before have ideation startups had the opportunity to raise significant capital and at such speed. On the other note, we entered the ICO so we could get deep domain knowledge, the pros’ and cons and ultimately it’s an area we feel we can add enormous value in terms of approach. Blockchain technology is taking business by storm because its transparent ledger reduces costs usually funneled towards brokers and other financial arbitrators. Startups from all over are taking advantage of this model and leveraging it to their advantage. ICOs could be the future of investing, such a transformative approach to fundraising that enables consumers to benefit more directly from the popularity of new technologies than they would if they owned a traditional stock.

Why do you think it is such a powerful idea?

Unlike most blockchain businesses Blocknubie is sector and vertical agnostic and our target market is more aligned with a traditional SaaS model which means we can attract more customers to our platform. Within the current blockchain model particularly due to its rapid early growth there are underlined problems. It has been estimated that more than 90% of startups will fail, many of which are due to entirely solvable issues. There is high fragmentation with a considerable amount of product offerings without the customer base to support growth and scale. Onboarding at volume is a problem that needs a rapid solution. Mainstream adoption has yet to be realised. Enter Blocknubie. A platform created to solve these issues, streamlining the onboarding process for off-chain enterprises and startups.

How can people find out more about the ICO and your work?

When you visit you will have full access to a range of links including our ICO roadmap, join the whitelist, and the Blocknubie whitepaper. Our Telegram Channel, Twitter and social shares are very active and you can keep up to speed on announcements and please ask any questions that you may have.

You can find out more about me on my linkedin profile,

Anything else you’d like to add / we should have asked?

Our partners are growing day by day. We are delighted to work with 1% Pledge and Blocknubie is the 1st blockchain business to pledge 1% of our token to this movement. Very excited to be working with Ominex and Challenge Advisory.

Business Showcase : Blocknubie

If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at [email protected] or on Twitter: @SimonCocking

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