Nebula-Transforming The Cryptocurrency Market

antiah (26)in #nebula • 6 years ago

Wellcome back with my article, My beloved Readers, i do hope all of us getting good health today , allow me to introduce much deeper about NEBULA Exchange. Most crypto trading platforms are centralized. This means that there is a reliable intermediary responsible for the safety and control of the platform. for an example a bank, investors are offered centralized trading floors with the control of their digital money. So that, investors give access to the wallet to third parties and get rid of the burden of controlling 100% of their own money. This is good for investors when they are offered a degree of protection and peace of mind that they would not have had if they were independent. There is news about people losing money because of loss of private keys. The centralized trading platform prevent this from happening.

Providing the centralized trading floor to the investors by getting easy access to their capital. If they forget or lose their password, after performing the necessary verification, the trading platform can help them regain access to the account. This is like with banks, if you lose your debit card, you simply request a new card after conducting the identity verification.

Transaction processing is relatively short. This is the number one reason explain why most people use the centralized trading platform. To create a new block, each Bitcoin transaction needs to be validated in the blockchain. Because of the security algorithm, a transaction requires at least 6 blocks to be validated. Since each new bitcoin block takes about 10 minutes to create, so it takes at least 1 hour before any transactions can be confirmed. With CEX technology, traders trust a third-party technology with their money to benefit from intra-wire transfers made within seconds. In addition, centralized exchange can support fiat payments, which is the advantage that decentralized platforms do not have.Trading floors also provide stability to the market and allow investors to buy and sell their assets at a stable price. This is due to the large volume of tokens they hold that help stabilize the market and allow investors to trade tokens relatively easily.

FEATURES OF THE PROJECT

Nebula Exchange incorporates great features that is benefitial to the platform and investors. These include:

Wallet: The Nebula Exchange will highlight a portfolio, which is accepted as multi-signature wallet (hot and cold) that customers can use to send, obtain and store cryptocurrency with 247 monitoring.
Scalability: The Nebula Exchange will have the ability to record and process up to 1,000,000 tps.
Security: Centralizing trading platforms, security is a big concern. Here, this issue will be resolved. It can be said that the system will be protected from DDoS attacks by the Cloudflare service, actions such as login or withdrawal will be protected by 2-factor authentication, combining Multi Signature Hot and Cold Wallets to protect user's asset, smart contracts are always checked to avoid bugs and have a team of leading experts perform security testing functions.
Multi - Currencies: liberating Nebula Exchange's escrow Trading, it allows you to trade on about 10 different pairs. The platform also supports secure token transaction. You can trade in multiple currencies including fiat and cryptocurrencies. Ability to trade fiat with different cryptocurrencies (such as BTC, USDT, ETH).
Reputation system: Nebula Exchange will have functions to evaluate projects like when you evaluate a product when shopping online. The purpose of this is to eliminate scam projects and promote good projects to the community. This is very useful for beginners as they stand in the midst of hundreds of project to make investment decisions.
Mobile Apps: To enhance investors usage and exchand, Nebula Exchange introduces mobile apps that is compatible with Androids and iOS.
Margin Trading: Ability to trade up to 10 times on chosen pairings.
Adding little-known projects to the list of trades, while charging a minimum fee for the placement of coins and tokens, it has a kind of block for posting the latest news of the project, Nebula uses the latest technology to ensure safety and allows the exchange of security tokens. These are tokens that are regulated by the law of many jurisdictions and are legally protected assets.

THE WAY TO GET REPUTATION POINTS

A variety of ways Reputation Points (RP) :

• 10 RP a day just for logging in, with +1 RP daily for each user following you

• 1 RP granted for every thumb up on your review (no penalty for downvotes to encourage users to write more and better reviews)

• 10 RP for receiving a “Thank” by a user on the Trollbox for any reason. (you cannot Thank more than 3 people a day or the same person to prevent misuse)

• 5–20 RP can be rewarded by a moderator in the Trollbox for any reason.

• 25 RP for referring a user, both the sender and receiver get 25 RP

(Be sure to read the FAQ on the other referral rewards)

THE LEVEL OF REPUTATION POINTS

• Levels 1–10 are every 50 points from 0–500 RP

• Levels 10–20 are every 100 points from 500–1500 RP

• Levels 20–30 are every 250 points for 1500 RP — 4,000 RP

• Levels 30–40 are every 500 points for 4,000 RP — 9,000 RP

• Levels 40–50 are elite tier and earn unique emoji rewards for every level up.

1000 points each except 49–50 which is 2000 points for a maximum of 20,000 RP

NESC TOKEN UTILITY AND INFORMATION

The official token of the exchange platform is NESC, and its has diverse uses, the NESC token will be a means of fee payment by every project that gets listed on the exchange platform and for evry transaction fee by NESC, there will be a half discount in fee, while transaction fees in the token will be burned so as to bring larger demands of the left tokens. These utility of token are just summarized amongst many others. Briefly go through the information below to get the ICO details and token details;

Name: NEBULA EXCHANGE STAR CREDITS

Type: ERC-20

Ticker: NESC

Price: $0.40 USD

Private sale soft cap: $500 000 USD

Public sale hard cap: $20 000 000 USD

TOKEN ALLOCATION

The percentages in which tokens will be distributed are; for public sale a whooping 65% will be segmented, while

team and advisors will take a share of 20% of the total token, 10%will be allocated to private sales while the remaining 5% goes to bounty and airdrop program: which is well depicted in the following image :

USE OF FUNDS

Funds raised during the initial coin offering period will also be distributed into segments as follows; as product development and operational expenses takes half of the whole funds(50%),the global team expansion gets allocated a 25% of it all and Legal and licensing sector takes 15% the remaining 10% goes to the marketing and promotion department. As represented below, it will be allocated as;

Users can pay transaction fees in NESC for a 50% discount
in the rates. All transaction fees collected in the form of NESC
will be burned. Discount is subject to change in the future.
New coin listings will be required to pay in NESC Tokens,
creating a steady flow of demand as we grow. All NESC Tokens collected for listing fees will be burned.
Every quarter, Nebula Exchange will use 25% of its profits
to buy-back NESC tokens and burn them. All buy-backs will
be announced beforehand.
All token burning will stop only once we have reached 50mn NESC tokens in distribution.

THE ROADMAP

Q4-2017;

Project Launch
Q1–2018;

Web and Mobile Platform Completion
New Website
Privat Beta
Q2–2018;

Web and Mobile Platform Launch
Pairing with ETH,USDT,EURT
ICO
Q3–2018;

Listing of NESC Token
Pairing with BTC
Expansion to Non-ERC20 Currencies
Listing of Security Token
Q4–2018

Mobile App Launch on Android
Pairing with KRW, JPY

THE TEAM

THE OPINION OF SOME OF THE TEAMS

Rohan-CEO

Researching and investing in cryptocurrency has never been this easy, nowhere else will you find reliable advice on when to actually sell.

Vincent-Chairman

Our cryptocurrency trading platform is quickly gaining attention as it is the only exchange that is focused on the community aspect, the perfect place to share knowledge and learn from the rest of us.

Nathan-Chief Product Officer

We quickly reply to all our applicants, gone are the days of needlessly long and expensive listing procedures.

For more information, Please check and visit us on the following links :

WEBSITE: https://nebula.exchange

TELEGRAM: https://t.me/nebulaexchange

WHITEPAPER: https://nebula.exchange/wp-content/uploads/2018/04/Nebula-Exchange-Whitepaper.pdf

ANN THREAD: https://bitcointalk.org/index.php?topic=4583209

FACEBOOK: https://www.facebook.com/Nebula.exchange/

TWITTER: https://twitter.com/Nebula_Exchange

INSTAGRAM: https://www.instagram.com/nebula_exchange/

LINKEDIN: https://www.linkedin.com/company/nebula-exchange/

Authored by : Poenjabie