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Nebulas NOVA: The dawn of a collaborative future

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Nebulas NOVA: The dawn of a collaborative future
Source: Pixabay

On April 15 [UTC+8], 2019, the renowned public blockchain project Nebulas held an exclusive press conference in Beijing, China to officially announce the launch of a new and much-improved version of their blockchain-Nebulas NOVA.

This release includes upgrades to the core functions of the Nebulas mainnet and is now the first as well as the only public blockchain with worldwide native, on-chain incentives for its users. This unique incentive structure will allow for the essential support of community collaboration unlike the blockchain ecosystem has yet to see.

The topic of the press conference was “Nebulas Nova: The Dawn of a Collaborative Future” and in total 200 distinguished guests were invited. Guests included blockchain industry leaders, Nebulas ecological partners, representatives of community developers, community members as well as other institutions and media attended.

During this event, Nebulas founder Hitters Xu, co-founder Aero Wang and the leader of the Nebulas Research Institute Dr. Xuepeng Fan gave keynote speeches sharing more about governance principles of the Nebulas community, the implication of these principles towards community collaboration and related technical development.

Community governance is a very hot topic for the entire blockchain industry in 2019 and was a primary topic at the press conference. Following the creation of Bitcoin and its “hologram” of information, Nebulas aims to create a new “hologram” of organized collaboration.

Nebulas’ goal is to let everyone-including organizations develop under a unified, open and transparent set of community governance rules via the power of decentralization, project-based development, on-chain voting systems, and the powerful tools incorporated into Nebulas NOVA.

In fact, NOVA represents a giant breakthrough in the bottleneck of decentralized collaboration via technical innovation hence providing a better ecosystem of asset distribution and management for Nebulas community governance.

At the press conference, Nebulas founder Hitters Xu expressed the opinion that NOVA has introduced “Smart Assets” that will leverage the great potential of decentralized cooperation. He considers them “Smart Assets” because they are programmable, manageable and usable. In return, all digital asset holders are now users that can play a large role in future ecosystem development and be part of the sustainable, prospering ecosystem with positive incentives.

Currently, the public blockchain industry lacks the competence to attract consistent and excellent developers as well as features to carry out self-evolution with minimal disruption or friction to the users. Nebulas NOVA will accomplish seamless and transparent upgrades via three core technical features: Nebulas Rank [NR], Nebulas Blockchain Runtime Environment [NBRE] and Developer Incentive Protocol [DIP].

Specifically, NR measures the contribution of all on-chain accounts to the digital economy. It incorporates excellent anti-cheating capabilities and extensive scalability that can cater to many different scenarios which will provide long-term and highly effective incentives for developers.

To achieve frictionless upgradability, NBRE is an execution environment and provides upgrade functionality to NR, DIP and is a core technology that will support Nebulas self-evolution.

In addition, Nebulas utilizes Just-in-time compilation technology that can execute Nebulas Protocol Representation [NRP] which gives the network autonomous upgrades to core protocols.

For example, Nebulas NOVA provides the capability for community members to upgrade and adjust the parameters or implementation of developer incentives at any time without affecting standard upgrades to the Nebulas core which will ensure the effectiveness of DIP.

Currently, the Nebulas mainnet supports around 260,000 accounts, over 6,800 active DApps and has exceeded 1 million transactions in a single day – all while retaining stability. Nebulas have also received academic and government recognition and previously placed third of all public blockchain projects by the CCID research institute under MIIT.

Nebulas NOVA represents the second phase for Nebulas to truly become an Autonomous Metanet and the release of NOVA is the first step towards this intention.

The future of collaboration is coming: After Nebulas NOVA goes live, both developers and everyday users of the blockchain can extensively participate in ecological development and jointly realize Nebulas’ core vision: Let everyone benefit fairly from decentralized collaboration.



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Press Release

Worldwide IEO leader ProBit Exchange raises $678,000 in BolttCoin IEO

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Worldwide IEO leader ProBit Exchange raises $678,000 in BolttCoin IEO
Source: Probit 3

On June 26, ProBit Exchange sold out all 800,000 BOLTT during Round 3 of  Boltt Coin IEO to wrap up a perfect 3 for 3 with three consecutive IEO sellouts. The stellar results helped the health gamification blockchain project raise a stunning $678,000 as they continue to ramp up their social-health objectives centering around an incentive-based app that rewards users for undertaking physical challenges.

Amidst considerable hype by local and global investors, Round 1 completed almost instantaneously within just a second. A few hours later, Round 2 was launched and met with even greater demand as investors quickly claimed the increased allocation of 500,000 BOLTT in a matter of two seconds.

Within the span of just 3 seconds, ProBit Exchange managed to successfully raise $278,000 for Boltt Coin. The project had already generated major interest through significant partnerships with Kakao subsidiary Klaytn which has announced its upcoming mainnet release along with BCryptos, a Japanese blockchain investment firms backed by a top local VC.

The momentum carried over to the launch of Round 3, which went live June 26, resulting in a quick sellout of all 800,000 tokens and raising yet another eyebrow-raising $400,000 to wrap up a rare sold-out IEO trifecta.

The incredible achievement marks yet another standout IEO campaign throughout their 70+ total IEO rounds conducted so far. ProBit Exchange previously sold out 3 consecutive rounds for Spin Protocol back in March, raising over $500,000 behind the furious pace set from the getgo with $130,000 raised in round 1 in less than 3 minutes.

Ronald Chan, Director of Partnership for Probit Exchange shared that the ability for Probit Exchange to bring in foreign teams to Korea to raise hundreds of thousands is attributed to the track record of IEO on Probit as well as the extensive marketing that Probit Exchange does for IEO projects.

LINIX, Steemhunt, and CLINK are among other projects who saw their IEO campaigns quickly sell out to maximize their initial investments and secure considerable funding for further development.

A steady and increasing stream of projects continues to flock over to acquire the highly sought out IEO expertise of one of the top IEO platforms in the world, a significant achievement for the young exchange who has already rivaled the industry giants in just 7 months of operation.

About ProBit Exchange

ProBit Exchange has completed almost 60 rounds of IEO and has amassed a solidified reputation over a short 6-month span since the startup’s launch. They have conducted multiple rounds of sell-out IEOs and raised millions in the process while refraining from any form of wash volumes or misleading figures. Please visit the IEO page to view the simple, efficient user interface.

ProBit Exchange has also introduced new features such as an ongoing trade mining and stake mining beta service, PROB staking for users to earn discounted trading fees, a referral program that provides 10-20% in further transactions fee savings, as well as a newly released app available on Google Play.

ProBit Global

ProBit Korea

IEO at ProBit Exchange

Many projects place their trust in ProBit Exchange’s IEO platform as we are a one-stop exchange for:

1) Fund-raising – Stellar fundraising track record including over $500,000 raised over three rounds for Spin Protocol, $53,000 in 6 seconds for LINIX, and $60,000 in 11 seconds for Steemhunt.

2) Listing – Instant liquidity against fiat and crypto pairings. Korean Won and USDT. Mild MM included

3) Marketing – Comprehensive services including marketers, marketing agencies, social media marketers and news agency on retainer. View a sample marketing campaign that we conduct for IEO.

Interested projects should fill up this form to start the due diligence process.

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