Nebulas price is $0.00390677
| Market Rank | #5206 |
|---|---|
| Market Cap | $ 0.2M |
| Volume 24h | $ 2.4K |
| Circ. Supply | 45.5M |
| Total Supply | 100.0M |
| Max Supply | ? |
| Genesis Date | 24/7/2017 |
At present, the price of Nebulas (NAS) stands at $ 0.00390677.
Nebulas is regarded as a next-generation public blockchain, as it seeks to establish a continually enhancing ecosystem. Its distinctiveness comes from its unique blockchain valuation mechanism, future-centric incentive and consensus systems, and the capability to self-evolve without the necessity for hard forks. It's often called "the new Google" within the crypto community due to its focus on searches among decentralized applications (DApps), smart contracts, and user’s blockchain assets rather than routine internet searches like Google.
Nebulas is built upon a decentralized search framework with features like open-source algorithms, verifiable computing, and distributed data stores, which underscores its commitment to transparency and decentralization.
The development team of Nebulas consists of 14 core members of varied international backgrounds. The founder and CEO, Hitters Xu, is a prominent figure within the blockchain sphere. Xu founded AntShares, which was later renamed to the well-known NEO. In 2013, he founded BitsClub, the very first Blockchain/Bitcoin community in China, and was instrumental in launching the popular ICO platform, ICO 365. Beyond these, he also founded FBG Capital, a firm dealing with crypto funds and contributed to Alibaba's financial arm (Ant Financial’s Blockchain Platform) along with the Google Search & Anti-Fraud team.
Nebulas operates on the strength of its two core features: Nebulas Rank (NR) and Nebulas Force (NF).
Nebulas Rank (NR) is essentially an open-source, core ranking algorithm. It is designed to consider factors such as liquidity, the propagation of users’ assets, and the interactivity between users to rank data. This unique valuation system prioritizes the importance of data decentralization and, in essence, lends strength to the concept of an all-encompassing blockchain search engine.
Nebulas Force (NF) lends the Nebulas blockchain and its distributed applications the ability to self-evolve without having to resort to hard forks. With NF, developers have the ability to make changes and upgrade smart contracts on-chain, thereby making continuous growth and improvements within the ecosystem possible.
The unique nature of Nebulas lies in its innovative features such as Nebulas Rank and Nebulas Force, and its drive for continual self-evolution. It's distinctive blockchain valuation mechanism sets it apart from other cryptocurrencies by allowing data on the blockchain to be indexed and ranked. This process, similar to how Google search operates, makes Nebulas a pioneer amongst public blockchain.
Additionally, Nebulas Force equips the Nebulas blockchain with the ability to modify and upgrade its protocols and rules, thereby allowing the blockchain to self-evolve and adapt to future needs and developments without splitting the community or disrupting the network.
The current circulating supply of Nebulas (NAS) is 45.5M, out of a total supply of 100.0M.
As a forward-looking public blockchain, Nebulas is designed to continue to evolve and improve. Its use of Nebulas Force offers the entire ecosystem the ability to grow and adapt autonomously over-time in response to future needs, alleviating the need for hard forks that can often lead to disruptions and splits.
Nebulas (NAS) can be purchased on listed exchanges, which include OKEx, Gate.io. Always make sure to use a reputable exchange when purchasing or trading any cryptocurrency.
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