Bootstrapping Blockchains: After Successful NULS 2.0 Mainnet Launch Several Projects Queue for Staked Coin Output (SCO)

in #blockchain5 years ago (edited)

“There are many developers with amazing ideas that feel inhibited by finances,” said Reaper Ran, NULS Co-founder. “They don’t need a seed raise or institutional investment as much as they need a small kickstart and assurance that their ideas are valuable and worth pursuing. An SCO enables individuals and small teams to bootstrap their concepts. They are completely accountable to the NULS ecosystem, and can quickly determine public interest by the amount of NULS staked to their node. If the projects do not maintain an agreeable path, contributors can unstake their NULS accordingly. Token holders are never risking their principal, so overall it is a win-win.”

Read the full article here:https://www.ccn.com/bootstrapping-blockchains-after-successful-nuls-2-0-mainnet-launch-several-projects-queue-for-staked-coin-output-sco/

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So as an investor if I like a project I would stake my NULS with the project and they would earn from the inflation of new NULS created to use to fund their project?

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