Nextcloud box does not boot on rasberry pi

I find that very interesting indeed. Out of interest what is the exact model of your Pi?

The correct image is indeed:

https://download.nextcloud.com/server/images/ubuntu-standard-16.04-server-armhf-rpi2-installer-20161018.img.zip

from:

Here is a SO link talking about rainbow screen, it may be that adding the delay to your config file will resolve it.

Other than that I’m unsure what to suggest really, this image is known to work with the Pi2, and is the official version of the image I was providing before that to over 50 downloads confirmed as working.