Blockchain projects although relatively new are structured in such a way that, the ever increasing list of records from diverse transactions that orbit around payments are joined together, and guarded securely with the use of cryptography and this has been going on in circles since the invention of blockchain. Also since the invention of blockchain and the first cryptocurrency i.e. Bitcoin, funds in the amount of billions of dollars have been trouping in with the creation of various exchange platforms promising to make blockchain better.
Quite a lot of program developers have switched to blockchain with the aim of improving the functions of blockchain while getting handsomely paid for it which has led to a lot of half baked projects that brings up good proposals but lack skills to follow it up. As a result of this, challenges such as lack security, low scalability, restricted user base, inadequate customer support system among various others began to rear their ugly heads which in turn brings down the credibility of the industry.
Although various exchange platforms have tried fixing this in their own little way buy using various consensus algorithms and smart contracts, it still has not been proven to totally eradicate this challenges which is quite unfortunate.
Therefore an urgent need arose to remove these faults from the blockchain industry so that it can reach its full potential and this exactly is why Nebula Exchange was created.
# The Nebula Exchange?
This is a very special centralized exchange platform that was created with the purpose of helping orphaned projects that cannot afford the listing fees of other exchange platforms and accepting 0.1% transaction fees while also ensuring that users enjoy all the numerous benefits of the blockchain technology.
This platform operates by using a centralized system which will increase transaction speed to about 1,000,000 per second and provides users with an experience that goes beyond just trading but also involves their active participation in the platform as it is in its entirety a Know Your Customer (KYC) trading and cloud trading.
# Security
This is a very essential feature and lots of emphasis have been placed on it by nebula as security of funds is important and for the funds to be truly safe from hackings, it has installed a process whereby login and withdrawal of funds will be through password and 2 Factor Authentication in addition to a multi-functional wallet that is kept in an encrypted cold storage system.
# Reputation system
Because information is one of the most vital thing in the blockchain industry, this feature is used to rate projects that are listed to remove scams and promote good projects thereby verifying project content and making it a lot easier for beginners on the platform to invest in good projects.
# Referral Programs
This feature is structured in such a way that every dedicated user of this platform will get reward whenever they bring new people into the platform. This only works when the referred person has made use of the system, then about 50% of the transaction fee will be paid to the referral in the same currency that was traded and there is no limit to the amount of referrals that can be brought in.
# Low listing fees
Since this platform is centered on orphaned projects, it intends to bring these orphaned projects to lime light by incorporating the charging of low listing fees that will be very much affordable for this altcoins and provide to the public a range of good projects that might have been discarded.
# Multi-currency trading
This platform support the use of various cryptocurrencies such as Ethereum, Bitcoin, and also the use of Fiat currency by making sure that all steps that needs to be taken is done to ensure that the exchange of Fiat with cryptocurrency.
# User specific interface
This feature is designed in such a way that beginners can make use of the platform effortlessly to familiarize themselves with blockchain and also trade easily while experts or professionals in the blockchain technology can also get advanced features like margin trading to cater to their own wants.
# Top of the trade customer support
Because getting assistance on various issues that may occur during the process of transaction is very important to users and the reputation of blockchain itself, this platform therefore created a top class customer support that works 24/7 for users to get answers to their problems and to enjoy the platform.
# Peer-to-Peer messaging and Trollbox
This is to connect users to one another in other to share opinions and ideas and this is facilitated through the use of private message boxes where the users can connect individually or connect directly to the platform.
# Low transaction fee
With this feature Nebula Exchange intends to make the amount of transactions ordered by users to be increased exponentially as a 0.1% transaction fee with minute taker fee results into more users and definitely more exchanges.
# Mobile Applications
Invention of mobile apps supported by Android and iOS to make trading easier and more fulfilling.
# Token feature of Nebula Exchange
The token of this platform is known as Nebula Exchange Star Credit (NESC) which is built on the Ethereum blockchain and is a security token which means in the conventional sense the buying of stocks of the platform.
This clearly signifies that users get to own some shares in the platform according to the number of tokens they have and are given certain percentages of profit with regards to the revenue that comes in for the platform. The token has various uses such as
• Means of payments for all exchanges taking place on the platform
• It is to be used in the payment of transaction fees.
• NESC can function in fund storage in replacement for fiat currency with ease of withdrawal.
• It will aid the economic growth of the platform.
# Advantages of Nebula Exchange
The Nebula Exchange platform is full of various benefits to its users and they are:
The presence of a user friendly interface that is subtle enough for beginners to use and conduct business while also advanced for experts to go about their trading which therefore satisfies the wants of all range of users.
Bringing to public eye good projects that have been orphaned due to high listing fees, thereby giving opportunities for users to enjoy investing in worthy projects and giving the projects opportunity to shone and develop.
With the increasing high rate of hacking occurring on different exchanges, highly encrypted cold wallet storage system is incorporated to give users assurance that their funds are safe from all types of tamper.
Users enjoy the availability of a multi-functional wallet that can be used for varying transactions such as sending of funds, receiving of funds and for leverage trading by expert users.
Users enjoy authentic information provided by the platform as this is passed through the news channel and such information leads to profit acquisition by the users as they are able to invest in worthwhile projects.
In conclusion, the Nebular Exchange platform is a pace setter for other exchange platform as it removes major challenges faced by the blockchain industry while catering completely to all the needs of its users while also helping other blockchain project developers.
Token Information
Token Type: ERC20
Token name: Nebula Exchange Star Credits
Token Ticker: NESC
Token Price: USD 0.40
Private Presale softcap: 500,000 USD
Public sale Hardcap: 20,000,000 USD
Token Allocation
Public sale: 65%
Team and Advisors: 20%
Private Presale: 10%
Bounty and Airdrop: 5%
Funds distribution
Product development and Operational Expenses: 50%
Global Team expansion: 25%
Legal and Licensing: 15%
Marketing and Promotion: 10%
Useful links
Site:https://nebula.exchange/
Whitepaper: https://nebula.exchange/wp-content/transfers/2018/04/Nebula-Exchange-Whitepaper.pdf
Instagram: https://www.instagram.com/nebula_exchange/
Facebook: https://www.facebook.com/Nebula.exchange/
Message: http://t.me/nebulaexchange
Linkedin: https://www.linkedin.com/organization/nebula-trade/
Twitter: https://twitter.com/Nebula_Exchange
Author: https://bitcointalk.org/index.php?action=profile;u=1954514
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