Nihilo Coin is a non-monetary cryptographic medium of economic exchange that is designed for market participants who would like to settle their transactions via alternative means of payment which is secure, fast and affordable.
Nihilo Coin is based on a PoS/MN Blockchain algorithm. Nihilo can accommodate 24/365 multilateral real-time gross settlement of the payment claims between node and masternode participants in its distributed Blockchain ecosystem.
Single Shared Cryptocurrency Network Across EU
Nihilo Coin aims to be an European Union wide online network for e-commerce and business via instant P2P payments in cryptocurrency. Nihilo Coin open source Blockchain enables peer-to-peer real-time gross settlement in a worldwide network environment for instant payments in cryptocurrency via the Internet.
Nihilo is is aimed at the continuous maintenance of stable pricing, low stochastic volatility, and full compliance with applicable legislation. The development of the business model for online international trade, retail e-commerce services and cash-less payment settlements in Single Shared Peer to Peer Cryptocurrency Blockchain network will be in compliance with the respective European Union national legal infrastructure.
Nihilo Marketplace
Nihilo intends to build a marketplace for Amazon, Alibaba and Ebay sellers. The Nihilo marketplace will exclusively deal in Nihilo coin as it is stable in price due to it’s reward mechanism i.e, POS/MN. Nihilo marketplace will be the 1st online marketplace with a cryptocurrency banking system stable in value and network power that can run on Internet 3.0. Nihilo team has also made sure that the marketplace remain friendly with the SEO, metadata description, rich snippets and automatic sitemap generation etc. The web panel will provide a user intuitive interface where users can access their built-in sales reports.
The commission earned by Nihilo Decentralized marketplace will be divided as POS reward program to all the masternode holders.
Banking and Financial Landscape
Nihilo is the only coin that is going to be integrated in a fully licensed cryptocurrency banking system. The value of this coin lies in its several future applications. In fact, it’s important to mention that the Nihilo features can significantly influence business and individuals alike.
For example, Nihilo has obtained approval to integrate NIHL into several banking and financial services (both traditional and Crypto oriented); for some banks, the licensing is still under review. What does this mean? Nihilo Coin will be used for accounts opening, asset and wealth management, trade finance, venture capital, custodial services or regulated bonds; moreover, it will be a viable option for ICO(initial coin offerings) management, ESCROW services, crypto exchanges and custodial services. In other words, this coin will support all types of blockchain based project that operates in FinTech and Open Banking domains, by providing a secure and stable currency that functions as a unit of account, store of value and digital means of payment.
Nihilo Coin Card Payment Schemes Integration
It's not finished yet, Nihilo Coin is trying to integrate cryptocurrency Card Payment Schemes to enable efficient payments and easy conversion from cryptocurrency to fiat money.
Coin Specs
| Lable | Value |
|---|---|
| Coin Ticker | NIHL |
| Algorithm | SHA256 |
| Total Coin Supply | 21.000.000 |
| Masternode Rewards | 60% |
| POS Rewards | 40% |
| Min Stake Collateral | 10 NIHL |
| Minimum Stake Age | 8 hours |
| Masternode Collateral | 10.000 NIHL |
| Number of Confirmation | 10 |
| Difficulty Re-Target | Every Block |
| Block Reward | 20 NIHL |
Masternode/ROI
Nihilo is a masternode coin that requires about 10000 NIHL (worth 0.17395 BTC) to get started a masternode. It’s always a good idea to have a masternode than to keep your coins idle in your wallet for nothing. The current ROI is reported to be 79.06% per annum. Please do your own research before investing in a masternode.
The past record shows that the masternode coins usually remain stable and appreciate in value over time as most of the coins are locked in the masternodes and are not readily spendable. Nihilo have a total of 228 masternodes as of now with over 41.23% coin supply locked in masternodes.
I think that's a pretty encouraging ratio and given the low supply of NIHL, you know you won’t be dumped hard. This is also testament to the user satisfaction towards the NIHL project development. In theory, it also signifies the trust level put in by NIHL users/community/investors on the platform and it’s potential to grow in future.
Choose your wallet
If you would like to give it a go, here are some Wallets for different OS. Choose your own, all you have to do is to click on the image and it will take you there.
Trade Your Coins
If you would like to trade Nihilo, it's available on a number of exchanges. Click on any of the following exchanges and it will take you to the respective market.
EARN Free NIHL
If you have a twitter account you can earn earn some free Nihilo coins, check out the Twitter Faucet page. To use the Twitter faucet, you will have to register first. Once you are registered you can make one tweet a day and receive free NIHL coins. The number of coins you receive depends on the number of following you have.
I think that's pretty much it. I hope I covered every question that you may have. Given the analysis after this write up, I am pretty confident of the Nihilo future but I guess only time can tell better, until then it’s hope and we shall hold on to it.
If you would like to know more about Nihilo, check out their whitepaper or get in touch with the team via Twitter or Discord. If you are a developer, I suggest you check out their Github.
Let us know your thoughts!