Neluns: Blockchain based financial ecosystem for the new generation

adnanzeal (38)in #ico • 6 years ago

The participation of people in cryptocurrency market is increasing day by day. The long term investors are now following the buy and hold strategy, traders who partake in regular trading operations, and large cryptocurrency funds. Nonetheless, many people still reject entering the market. The absence of utilizing cryptocurrencies within the boundaries of business models, as well as the absence of regulations, act as entry barriers for companies. Individuals find it difficult to find time or energy to study all of the market’s mechanisms and purchase a cryptocurrency.

Neluns is a new financial ecosystem that functions as an innovative technology, an ecosystem made up of banks and gives permission to operate with cryptocurrency and fiat. It makes the best conditions for the advancement of the nature of the digital money advertises new contestants and capital inflows. Its vision is to focus on creating a new financial ecosystem with the combined functions of banks, insurance companies and currency exchanges which will provide cost effective and easy to use modules for its users.

Issues that cause barriers to market participants:

There are a large number of majority who works with cryptocurrency exchanges have serious problems such as they provide a limited amount of banking services, lack of selection between various financial instruments, trouble while converting crypto to fiat, the cryptocurrency exchanges are unable to handle the peak load and crash during that time, large number of people face with registration and verification issues, limited withdrawal of funds, and there are big losses due to hackers attacks on the cryptocurrency exchanges. Currently, crypto is not being utilized as a means of payment and due to lack of insuring trades and transactions, most of the market participants find it difficult to involve in it, and this affects the development of cryptocurrency market.

Its benefits:

Neluns will provide solution to all the problems mentioned above and its users will find it easy to operate within this ecosystem. Users will be able to purchase and sell, deposit and withdraw funds in just a few clicks across all over the world, the facility of IBAN account will provide multicurrency personal and corporate accounts, provide interest to the funds stored in Neluns deposits whether fiat or cryptocurrency, get loan in fiat or cryptocurrency, receive profits from lending funds on a Peer-to-Peer (P2P) Lending Platform, facility to insure any trades, gain profits from trading the NLS token on cryptocurrency exchanges, allocation of dividends, and users will also be able to participate actively where they can increase profits and lower risk levels.

Neluns financial ecosystem:

The innovative financial ecosystem of Neluns will be comprised of the following three components:

Neluns Bank – The new generation bank will provide all the features of fiat banking system along with the cryptocurrencies.

Neluns Exchange – This exchange will provide fast and secure crypto trade operations available at any scale.

Neluns Insurance – It is an insurance company which will insure and allow the protection of all the transactions and trades executed by the user on the ecosystem.

Token information:

Neluns ecosystem will be backed by the NLS token which is a security tokens. These tokens are created in accordance with the ERC20 standard. The holders of NLS tokens will be entitled to get dividends in the amount of 50% of the profits of the Neluns ecosystem which will be distributed each quarter in proportion to the number of tokens held comparative to the total number of tokens in circulation.

Token symbol: NLS

Total number of token issued: 200,000,000 NLS

Price: 1 NLS = 1 USD