A coin for Today

in #nuls6 years ago (edited)

Amid the booming rise of crypto we have seen many news coins pop up. Some are wonderful innovations in blockchain technology, while some others are lacking in… vision. It takes a lot of effort to find coins that are worth the hype, and beyond that worth the investment. Of the many up and coming coins on the market, and the many more doomed for failure, Nuls stands out as a coin to be excited about.

Who’s it for?

Nuls is a blockchain that is focused on becoming a platform for businesses. It uses a proof of credit consensus mechanism, and while it just launched in July that network is already surprisingly strong, decentralized, and currently able to process about 1000 transactions per second. While there are many coins purporting to target businesses, Nuls has actually taken steps in making it easy for businesses to use, and profitable for stakers. One of Nuls star features is its “chain factory” which is a system that allows anyone, even someone with no technical know-how or skills, to effortlessly put together a blockchain. Not only that, but you are able to plug in individual modules as they are needed, making it practical for any type of business and incredibly versatile. Not only does this individually tailored system provide an ease of entrance into blockchain that is unprecedented, it also grants a fuller sense of customer satisfaction. One of the main things blockchain lacks in general is appeal to the everyday consumer. Part of this lack of appeal is how complicated it all seems. But Nuls has managed to circumvent this in an ingenious manner for everyday business owners use.

Where’s the Value?

So how can stakers be sure that value going to be maintained? Or grown, as is the desire for any would be investor. Well, a few features of Nuls ensure that this isn’t a worry you need to have for long. First and foremost, Nuls has a strong core team that is driven, focused, and constantly working to build a stronger coin. Not only is that team active, they are growing. This goes to show they plan to stay. Beyond that, Nuls has a few more ways to prove its worth. The way its proof of credit works locks up a certain amount of coins into nodes, ensuring the market won’t be flooded and that a cap can be placed on stakers. After all, no one wants a heavily diluted mining pool. Also, business’s that make use of a blockchain on Nuls are required to actually hold and use Nuls to power their own blockchain, something that might seem like an obvious necessity, but we’ve seen a couple coins not seem to get this concept. Lastly, their marketing efforts can be seen everywhere, and we know that because even with a launch date only 3 months gone, it’s name is already known. Now obviously none of these things guarantee an increase in value, but put together they’re a pretty positive indication of success.

Conclusion

Many coins have flooded the market, and the common crypto enthusiast can have a terrible time finding one that is worth backing. Trying to find all the indicators that a coin is worth it is sometimes a time consuming and stressful process, however every once in awhile a coin comes by that is shouts from the rooftops that it is a winner, and Nuls does just that. Hopefully everyone reading this looks more deeply into Nuls and finds the worth I did.

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