Do you know about Neluns? Neluns is a new financial ecosystem that has been using innovative technology that allows it to operate with Cryptocurrency and Fiat which has been in ICO start since End of July 2018.
With every turn of the day, more and more people are participating in the cryptocurrency market. Now there are investors in the long run following buy & hold strategy, traders who took part in regular trading operations, and large cryptocurrency funds.
Nevertheless, many people still refuse to enter the market. Absence of utilization cryptocurrency within the limits of the business model and the absence of incoming regulations as obstacles to the company. Individuals often do not have the time or energy to learn all the market mechanisms and cryptocurrency pursuits. At the same time, all active market participants face serious problems including :
Limited amount of banking services.
Limited selection of financial instruments
Difficulties with converting cryptocurrencies to fiat.
Challenges in working with cryptocurrency exchanges:
Exchanges crash during peak loads.
Issues with registering and passing verification. Fund withdrawal limits. Big losses due to hackers attacks. A near full absence of cryptocurrencies being utilized as a means of payment. Absence of insuring trades and transactions. All of these factors act as a serious barrier, it can also impose limiting effects on cryptocurrency market development, as well as mass usage of cryptocurrency.
Existing projects try to solve these separate problems, while in general, practical situations cannot change. In Tim Neluns’ own opinion, a comprehensive approach is required.
The team sees solutions in creating a financial ecosystem, a business model that will be problem-driven oriented from all active participants in the cryptocurrency market field, as well as eliminating market entry barriers.
Neluns will achieve this goal by creating the most comfortable conditions, to expand and increase the possibility of current participants and open access to the cryptocurrency scope for users.
Therefore Neluns will become a market for developing cryptocurrency catalysts from this problem.
Neluns Financial Ecosystem
Neluns’s financial ecosystem itself is divided into two parts.
The first is about the ecosystem description and the second is Neluns Goal
• Ecosystem Description.
To solve the current problem, limit the possibility of the cryptocurrency market
for participants, limiting the use of cryptocurrency, and as a result, hampering the development of the cryptoasset market as a whole, innovative and comprehensive solution is needed.
This problem will be a solution to the solution – an innovative financial ecosystem in the future or in the future.
Neluns ecosystem itself includes 3 (Three) parts namely :
Neluns Bank – A new generation bank, presenting all key fiat banking services with cryptocurrencies.
Neluns Exchange – An Innovative cryptocurrency exchange, making secure and fast cryptocurrency trade operations of any scale available.
Neluns Insurance – Insurance company, allowing to protect any transactions and trades executed by ecosystem users.
• Neluns GoalThe goal of Neluns is to create a gateway that connects the cryptocurrency market with traditional financial markets by creating an innovative, open financial ecosystem and can be easily accessed to cryptocurrency for a wide range of scattered individuals. function of ecosystem Neluns also divided into 2 (two) things, namely about user authorization and also Bank Neluns
User Authorization
To begin working with the Neluns ecosystem, users are required to pass procedure verification. The verification system has three levels:
• 1-st level – email verification. Allows participating in trading on Exchange Neluns (with 1: 5 margin trading) The number of trades cannot exceed $ 300.
• Level 2 – social networks and cellphone number verification. Allows participating in trading on Exchange Neluns (with trading margins 1:10) and P2P loan platform. The number of trades cannot exceed $ 500.
• Level 3 – identity and verification of cellphone numbers. Users get access to all Neluns Bank services, Exchange Neluns (with 1:20 trading margin), Insurance Nuns. Restrictions on the number of trades do not exist.
Neluns Bank
The first element of the ecosystem itself is Bank Neluns. Which is a licensed ad bank, officially registered in accordance with all the requirements contained in the regulations. Bank Neluns presents a broad spectrum of services for physical and legal entities. While all operations are available in fiat and cryptocurrency. During the first phase, Bank Neluns will combine classical and banking banking activities on the Blockchain. In the future, Bank Neluns, together with its partners, will transition to the Blockchain itself for the purpose of international settlement.
Leading technology utilization allows us to make financial products, access to which will be available all the time from any part of the world. Neluns Bank itself has digital money just like other banks. with digital Currency or commonly called Tokens, Bank Neluns also has the NLS Token. where this Token makes it easy for users to interact or transact through transfers or transferring them to other people who are also users of the NLS token. I will explain about TOKEN NLS how it works and how to use it.
NLS TOKEN
This NLS token is made according to the ERC-20 standard. NLS tokens are security tokens. NLS tokens will give dividend holders 50% of the profits Neluns ecosystem (Bank Neluns, Neluns Exchange, Neluns Insurance). Dividend will be distributed quarterly in a proportional manner and the number of tokens that are owned are comparative to the total number of tokens in circulation. In addition, NLS token holders will have access to bonuses and privileges if using products from the Neluns ecosystem. The more NLS tokens held by token holders, the more privileges and also the more assets he will receive. NLS tokens can be obtained throughout Pre-Sales, Pre-ICO and ICO. It acquires NLS tokens on the secondary market which will probably soon be marketed after listing on the cryptocurrency exchange. Unsold tokens will be frozen after the ICO. Every year, 3% of the tokens will be burned.
Emission of NLS tokens
During the ICO, 200 000 000 NLS tokens will be released Base price of 1 NLS token = 1 USDDistribution of NLS tokens 80% of the tokens will be sold as long as the ICO runs. 12% of tokens will remain with the platform development team 5% of tokens will be directed to the Bounty campaign 3% of tokens will be saved by the project advisor.
For further information, please visit at
Website, WhitePaper, Telegram
Author: Sak Karepe
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