Without doubt the number of participants involve in cryptocurrency trading is increasing as each day passes, there is now an everyday activities in the cryptocurrency markets. However some still feel reluctant to indulge in cryptocurrency which may be due to the absence of utility cryptocurrencies within the bounds of business models as well as the absence of regulations act as entry barriers for companies. This may be due to the fact that a whole lots of people does not understand the market mechanism involved in the purchase of cryptocurrencies. Even those participants that is said to be involve in the cryptocurrency market encounter some technical issues, some of which includes but not limited to: limited amount of banking services, limited selection of financial instruments, difficulties with converting cryptocurrencies to fiat, barrier to entry which makes it difficult for many cryptocurrency users to trade.
These and many more pose a very great threat to the cryptocurrency market. It should be however be noted that there are some existing projects that have tried to solve these numerous problems but the solution does not cover buck of the problems identified above.
So to bring about a long lasting solution to all these problems affecting the cryptocurrency usage and market the NELUNS come into being. The NELUNS see the solution in creating a financial ecosystem, a business model which
will be oriented towards eliminating the issues of all active cryptocurrency market participants, as well as removing market entry barriers.
Neluns mission – is to 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.
To solve the present problem limiting the use of cryptocurrency and cryptocurrency market which as a result limit the development of the cryptoasset market. The NELUNS come up with what us called the NELUNS solution which is an innovative financial ecosystem of the future.
The NELUNS financial ecosystem consist of three major components which includes:
The NELUNS bank
The NELUNS exchange and
The NELUNS insurance.
The first element of the neluns ecosystem is the neluns bank which is a new generational bank where cryptocurrency can be converted to fiat money and vice versa.
The neluns exchange is a trading platform where cryptocurrency trading can take place in a very fast and secure way.
The neluns insurance will allow to protect any transactions and trades executed by ecosystem users.
The neluns mobile application will also be available on the android and iOS which will make it easier to perform transaction in just two to three clicks. With the application you can make all possible trade operation within the neluns ecosystem. Be it buying or selling cryptocurrency on the neluns exchange or giving or receive loan on the neluns bank, e.t.c
The neluns token is the NLS and it is created based on the ERC20 standard. The NLS is a security token which is used in the neluns ecosystem.
The token details is as follows:
Read more about the NELUNS on
whitepaper
ANN thread
Bounty thread
medium
YouTube
Telegram
Twitter
Thanks for reading am tuvic01 on bitcointalk
