Lon Wong via mexxer in the NEM Red chat:
First, we shall have a 10K sf space to house ONE center of excellence. We will have one Europe and one more in Silicon Valley.
Second, we shall have an incubation centre. We are going to spend $5m on incubating world class incubatees so that when they are done, they are ready to hit the highway of big VCs. Just one of them will make us all world famous.
Third, and a very important hint is that we will be building our own exchange. This exchange will be used for all NEM mosaics (aka ICOs), XEm, BTC and maybe ETH, later.
We are going to talk to a financial institution to issue fiat backed Crypto too using mosaic and can be traded in our exchange. Something like USDT but we want to have multi-currencies and this is supported by a huge financial institution.
Please note: We are GOING to talk and we have not finalised