![nihilo.jpg](https://cdn.steemitimages.com/DQmUgjyap2CkH8ok3s2rbjUXFTsvzJLpgvtqG356eou85Po/nihilo.jpg)

[Nihilo Coin](https://www.nihilo.space/), a cryptocurrency that is meant to settle financial claims via alternate modes of payment is considered to be a third gen Proof-of-Stake token. As the codebase is an entirely open source and decentralised, no central authority can control the inner workings of the network as the consensus algorithm is operated by the master nodes and nodes available on the ecosystem. Nihilo has a wide array of benefits for business and consumers alike:
- **e-Commerce Decentralized Alternative**
Thanks to the Peer-to-Peer marketplace capabilities users could potentially use Nihilo Coin as an all-inclusive alternative to large retailers like Amazon, eBay or another centralized platform.
- **FinTech, Open Source Banking and Store of Value**

With the help of real-time Gross Settlement Payments, Nihilo Coin can be implemented as a virtual accounting unit for your cashless payment projects any other financial constructs worth of the 21st Century.

### Nickets: Buy a nicket, your chance to win a prize!
Built on top of the Nihilo ecosystem, Nickets is a raffle marketplace where users or marketers can put up prizes for buyers to win! The ones that list the prizes can set the number of maximum tickets, and the buyers can check their odds as well. The buyers can rest assured as every Nicketis backed by an Escrow address locked up until the maximum number of Nickets is sold and the winner is decided. 

The system is set up in such a way that malicious users will get negative feedback so future users will know exactly which are the reputable raffle initiators.

### Sounds awesome! How can I purchase or earn NIHL coins?
The easiest way is to purchase from https://www.coinexchange.io/ directly, however, the team have implemented other methods of earning tokens. To keep the user base engaged, a daily reward will be introduced for inviting people on the platform or sharing the contests on social media networks like Twitter, Facebook or Instagram.

### The Revolution of Value that will upgrade the legacy raffles!
The platform is innovative and disruptive in the raffle domains as the traditional systems have no upper limit and the tickets purchased outweigh the final prize making this a very lucrative racket business. With the help of the Nickets platform, however, the raffles for items are set at a fair price to reflect the final value of the price, benefiting the holder and the winner alike. 

So whether raffle holders decide to put up a Ferrari or an iPhone 10, the total issued Nickets will reflect fair value for both parties. Companies and individual users can leverage this system to promote their business as users and raffle entrants will share their product on the social media platforms thus increasing brand awareness over a multitude of channels. The platform will also feature a personalised profile where users can quickly consult at a glance their balance and all of the raffles that they have entered. What are you waiting for? Buy the Nickets to get tickets!

Sources:
https://coininfo.news/nicket-a-new-project-built-on-top-of-nihilo-public-blockchain/
https://www.nihilo.space/pdf/nihilo-whitepaper-march-8.pdf