Nuggets is a commercial blockchain platform for payments and transactions. Personal data of users are not stored in the blockchain and no one can access them - even the company. Nuggets positions itself as a revolutionary platform and seeks to transform the blockchain technology.The founder of the project, Alastair Johnson and co-founder Sima Khindon Johnson, developed global products for such large companies as Microsoft and Skype.The platform technology is divided into three main parts:

• biometrics: confirmation of the user's identity (without data storage);
• data encryption: preserves the data privacy;
• blockchain: stores encrypted data.

Access to the service is carried out only with the help of biometrics, without using logins and passwords. A short video demonstrates a simple registration process in the system.

Platform Infrastructure

When the platform is launched, the Nuggets ecosystem will focus primarily on creating a network effect of interaction between users and retailers, as well as attracting new participants to the infrastructure. 30% of platform tokens will be reserved for use in the system.The platform transparently registers all successful transactions for retailers, hiding only the ID of the buyers and details of the transaction. In course of time, retailers create a trust profile, performing transactions and using reliable payment methods.For customers, the platform acts as a reliable tool for entering various online services that do not track and do not sell data about transactions. Users do not have to manually enter data each time, such as home address or payment card data. Nuggets will be available for other online services and payment gateways.The launch of the platform is planned for the first quarter of 2018.

NUG tokens

NUG - smart tokens of the ERC-20 standard on the basis of Ethereum, intended for exchange between buyers and sellers.Buyers will be able to use tokens to pay for products in online store and services. Users will receive tokens for installing and using the application: registration, invitations to other users, authorization, transactions and verification. Also, users will receive a reward if they share some personal data with retailers.Retailers will be able to use tokens to prepay Nuggets. They will also pay commissions for transactions inside the service, authorization and verification services for clients.In addition, part of every transaction will go to charity. At any time, each user can donate their company tokens from the list of charities.

Selling tokens

Investors can purchase tokens for Bitcoin, Ethereum and USD. The main stage of crowdsale is planned for the first quarter of 2018 and will last 30 days from the start. The minimum investment threshold for USD is $ 10,000. There are no restrictions for payment by bitcoin and ether. In the course of the crowdsale, the token will be sold at a price of $ 0.0086. Hardcap - $ 30,000,000. In total, 10 billion NUG will be issued, of which 3 billion will go for sale.In the future, with the development of blockchain and methods of protecting user data, such tools can be integrated into large online services and online stores, so this project is an advantageous direction of investment. Follow the news of the project and the exact dates of the crowdsdale on the official site of the nuggets.life platform. More information can be found in White Paper, Nuggets official twitter and Nuggets official FacebookNuggets TELEGRAM
Nuggets ANN THREAD
Nuggets BOUNTY THREAD 

Published By: Doris Sample

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