Millions of people keep adopting and jumping to cryptocurrency market every day. This is a great breakthrough for a technology that has barely clocked 10 years. Today there are many cryptocurrencies out there with there own solutions to different problems, but there are still billions of people who reject cryptocurrency simply because there are still problems that there are no solutions for yet in the world of cryptocurrency.
In this part of the world the main reason why many people don’t engage in cryptocurrency is because there is no easy way to change cryptocurrency to fiat. It takes all lot of steps and technicality to change from fiat to cryptocurrency and the other way around.
Most times this is easy but it will take a lot of time and will also take a lot of fee. This put buyers in a very tight corner. Another major problem is that cryptocurrency nowadays need a lot of verification that takes a lot of time to be able to buy or trade.
Imagine and ecosystem that will allow users to change and trade cryptocurrency in few clicks. The ecosystem will have a cryptocurrency bank that will have all utilities for businesses to be able to adopt cryptocurrency.
Neluns is the new ecosystem that create an innovative financial ecosystem, combining within itself a bank, which operates with fiat and cryptocurrencies, a cryptocurrency exchange and insurance company, thus, creating conditions for the quality development of the cryptocurrency market and inflow of new participants and new capital. The Neluns ecosystem will create a full operational bank and exchange that will make it easy for users to change their cryptocurrency to fiat and also trade their cryptocurrency without hustle. Neluns will also make it possible for users to make and receive international transfers, with the Neluns bank that offer all services and interest as a conventional bank with MasterCard, Visa card, debit and credit cards users will be able to make all transactions at their comforts.
In the Neluns Ecosystem there are two major parts that catch the eye:
The neluns bank will have all the feature of a normal bank that users will be able to open an IBAN account that will support multicurrency for both personal and corporate use. Neluns bank will also be able to send and receive international transactions instantly without breaking any law. This will be great for business use, mostly businesses that needs to transfer big amounts every now and then. The bank will also be able to store fund both in fiat and cryptocurrency. Neluns will comply with all FCA (Financial Conduct Authority) and PRD (Prudential Regulation Authority) requirements, which handle the issuance of licenses and bank activity
oversight on the territory of the given country.
The Neluns Exchange strive to become a global cryptocurrency exchange and establish
itself as the foundation for a new and complex banking architecture, which does not
suffer from the shortcomings of the existing system. Neluns is creating an innovative
solution, eliminating the drawbacks of existing cryptocurrency exchanges. The bank will not just create an exchange but will create another approach to create a legal bank-based exchange that will be connected to Neluns bank.
In connection with Neluns bank and giving interest and dividend users the NLS token will provide holders with dividends in the amount of 50% of the profits of the Neluns ecosystem (Neluns Bank, Neluns Exchange, Neluns Insurance). Dividends will be distributed each quarter in proportion to the number of tokens held comparative to the total number of tokens in circulation.
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