A Look at NBAI Tokens

hatu (76)in #altcoins • 8 years ago

The market is flooded with tokens and, despite the bears being in power, more and more tokens are on the way. Presently, weakest tokens are being crushed; people are now scrutinizing whether a token is truly essential to its native ecosystem.

That’s why it is essential to examine the purpose of tokens being offered in any new ICO.

A Look at NBAI Tokens

NBAI tokens are the native currency of the Nebula AI blockchain. But Nebula AI is inclusive of multi-functionalities and goes beyond just being a blockchain. It supports an internalized marketplace and offers a decentralization of computing power for AI development by allowing GPU miners to offer it for sale on Nebula AI.

This means that Nebula AI will have immediate utility for its tokens from the moment of launch. GPU miners will sell computing power for NBAI Tokens, developers will buy that computing power for NBAI tokens, and enterprises will gain access to AI apps from developers for NBAI tokens. Without NBAI tokens, the transactional flow cannot take place and that means users cannot utilize the platform. Clearly, NBAI tokens are an essential part of Nebula AI and all users of Nebula AI will have to interact with NBAI tokens in one way or another.

The key thing to point out is that the tokens value inflates with increased demand and the fact that Nebula AI offers an enterprise solution, a good portion of NBAI tokens could be held in reserve by various enterprises who utilize the AI applications on the platform. Most companies hold a reserve of foreign exchange to ease the operations they hold in other countries. Similarly, any company utilizing services on the NBAI platform will need to hold a reserve of NBAI tokens to ensure they can gain access to any new application they need without delays.

This ensures that NBAI tokens not only have a continuous transaction flow within the participants of the ecosystem, but also have reserves (held by companies) that need to be periodically filled up.

Token Metrics

The total supply of NBAI tokens is 6.7 billion and the public offering prices 100,000 NBAI for 1 ETH. All unsold tokens will be burned; the decision to burn unsold tokens ensures that the tokens that are not backed by investor money have no dilution impact on the market value of tokens.

Moreover, the company has not offered any ridiculous bonuses, even private sale investors were given only a 25% discount. This ensures that all participants have a high value outlook for the tokens they hold.

NBAI token sale is live.