With the springing up of different cryptocurrencies everyday so also various exchange platforms are also springing up in other to meet the demand created by this currencies. So there is need for all tradeable assets to marketed accordingly, So that is where Nebula comes into play. Nebula is a cryptocurrency platform with an attention of making a network that cooperate to makes the market more secure and less demanding.
There are various types of cryptocurrency exchange based on the type of services they rendered. They can be either peer-to-peer (P2P) trading platform or brokers. For the purpose of this article we would be talking more about the centralized and decentralized exchange with much emphasis on the centralized exchange.
DECENTRALIZED EXCHANGE
Blockchain and Cryptocurrencies were envisioned as a community oriented open source initiative where the participants of a decentralized network have the power instead of a central authority. This has held true with the exception of the development teams tha still have a significant say in the project. In this type of exchange trade occurs directly between users through an automated system. Examples of a decentralized exchange are mercatox, tokenjar, forkdelta, etherdelta etc.CENTRALIZED EXCHANGE
This is the exact opposite of what have been mentioned above. There is a direct conflict between what they represent and blockchain values. A centralized exchange is run by a profit oriented company that gets revenue from their platform's fee structure. To put it simply both the access and exit points into the blockchain ecosystem requires a fee. Centralized exchange do a fiat. Examples of a centralized exchange are Coinbase, Binance, Kraken etc.
WHAT IS NEBULA EXCHANGE:
Nebula Exchange is a platform where traders can buy and sell top cryptocurrencies in a safe environment. This platform create easy access and simple trading interface for web and mobile users, it also makes use of the fiat pairs with other cryptocurrency token for transaction during trading. The aim of this exchange according to the development team is to help small and upcoming projects to be listed on it's platform with minimal effort and fees.
MERIT OF NEBULA EXCHANGE
Security: The security of this exchange makes it harder for hackers to hack the platform. Using DDOS ( Distributed Denial of Service Attack), it protect funds and assets on the site from being hacked.
Low charge fee (0.1%): This exchange intends to offer helps to cryptocurrency project that battle to discover a moderate listing.
Rating: Traders will be able to vote and rate the various project and coin on the exchange. Projects with high rating will be rewarded by being advertised on the front page of the exchange.
Wallet: Nebula Exchange offers a multi-signature wallet with option to store, send and receive tokens.
Peer-to-peer Interaction (P2P): The platform makes the exchange interactive enough for new and old users to interact with one another.
TOKEN DETAILS
Nebula token is referred to as Nebula Exchange Star Credit "NESC" is an authorized utility token that will be utilized across the platform for transactions.
TOKEN SYMBOL: NESC
FULL NAME : NEBULA EXCHANGE STAR CREDIT
ICO DETAILS
TYPE : ERC20
TOKEN PRICE: $0.40
ICO SUPPLY: 75 MILLION
PRIVATE SALE SOFT CAP: $500,000 (FIVE HUNDRED THOUSAND)
PUBLIC SALE HARD CAP: $20,000,000 (TWENTY MILLION)
ACCEPTED CRYPTOCURRENCY IN PUBLIC SALE: BITCOIN (BTC), ETHEREUM (ETH)
UPPER CAP ON TOTAL TOKENS GENERATED: $100,000,000 (ONE HUNDRED MILLION)
FUNDS ALLOCATION:
GLOBAL TEAM EXPANSION: 25%
MARKETING & PROMOTIONS: 10%
LEGAL & LICENSING: 15%
PRODUCT DEVELOPMENT & OPERATIONAL EXPENSES: 50%
TOKEN ALLOCATION:
TEAM & ADVISORS: 20%
PUBLIC SALE: 65%
BOUNTY & AIRDROP: 5%
PRIVATE PRE-SALE: 10%
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NEBULA TEAM
ROADMAP
CONCLUSION
Nebula Exchange has a decent potential to survive as a centralized exchange giving the adequate time. Above all the group as of now has an extremely working venture, there is something that they can truly indicate financial specialists. Enthusiasm for the task is quickly picking up force, and fuel its expanded level of security, guaranteed by the group of its makers.
For more information and participation visit
Website : https://nebula.exchange/
Facebook : https://www.facebook.com/Nebula.exchange/
Whitepaper : https://nebula.exchange/wp-content/uploads/2018/04/Nebula-Exchange-Whitepaper.pdf
Ann Thread : https://bitcointalk.org/index.php?topic=4583209
Bounty Thread : https://bitcointalk.org/index.php?topic=4583321
Twitter : https://twitter.com/Nebula_Exchange
Telegram : http://t.me/nebulaexchange
Article written by: Ukpah Charles Patrick
Bitcointalk username : cpat2121
Bitcointalk Profile link : https://bitcointalk.org/index.php?action=profile;u=2012322
Nice write up. Thanks for the share.