NELUNS ECOSYSTEM
NELUNS ECOSYSTEM
Hello crypto lovers and esteemed investors, here I will give some information about the cryptocurrency project being developed by Neluns. I took this news source from their website and whitepaper, the following is a summary:
Neluns Mission
Neluns is the innovative financial ecosystem, combining within itself a bank that can work with fiat and cryptocurrencies, as well as a cryptocurrency exchange and insurance company, creating the best conditions for the quality development of the cryptocurrency market, inflow of new participants and capital.Neluns will achieve this goal through creating the most convenient conditions, to broaden the possibilities of current participants and open up access to the cryptocurrency sphere for a broad range of users. Neluns will become the cryptocurrency markets development catalyst.
Within the Neluns ecosystem, users will be able to:
- purchase and sell cryptocurrencies in just a few clicks
- lead active cryptocurrency trading on the exchange
- deposit and withdraw funds from the system in just a few clicks from any part of the world
- open IBAN accounts – multicurrency personal and corporate accounts
- release debit and credit Visa, MasterCard, and American Express cards
- instantly send and receive international money transfers
- store funds in Neluns deposits in fiat and cryptocurrencies earning interest
- receive Neluns loans in fiat and cryptocurrencies
- receive profits, from lending funds on a Peer-to-Peer (P2P) Lending Platform
- insure any trades
- gain profits from trading the NLS token on cryptocurrency exchanges
- receive dividends
- active market participants will be able to increase profits and lower risk levels
The emergence of Neluns will aid in the:
- Increased attractiveness of cryptoassets as investment objects
- Growth of cryptocurrency use as a means of payment
- Increase of cryptocurrency market participants
- Inflow of new capital to the cryptomarket
Neluns Financial Ecosystem
Ecosystem description:
To solve current problems, limiting the possibilities of cryptocurrency market participants, limiting the use of cryptocurrencies, and as a result, impeding the development of the cryptoasset market as a whole, an innovative and comprehensive solution is necessary.
Such will be the Neluns solutions – an innovative financial ecosystem of the future.
The Neluns ecosystem includes:
- Neluns Bank – A new generation bank, presenting all key fiat banking services with cryptocurrencies.
- Neluns Exchange – An Innovative cryptocurrency exchange, making secure and fast cryptocurrency trade operations of any scale available.
- Neluns Insurance – Insurance company, allowing to protect any transactions and trades executed by ecosystem users.
Neluns goal:
The goal of Neluns is to create a gateway connecting the cryptocurrency market with the traditional financial market by creating an innovative financial ecosystem, and open access to cryptocurrencies for a broad range of individuals.
Neluns Ecosystem Functionality
Three-level verification system:
1-st level – email verification. Allows participating in trades on the Neluns Exchange (with 1:5 margin trading). Trade sums cannot exceed $300.
2-nd level – social network and mobile number verification. Allows participating in trades on the Neluns Exchange (with 1:10 margin trading) and the P2P lending platform. Trade sums cannot exceed $500.
3-rd level – identity and mobile number verification. Users gain access to all Neluns Bank services, Neluns Exchange (with 1:20 margin trading), Neluns Insurance. Restrictions on trade amounts are absent.
Neluns Bank
The first element of the ecosystem is the Neluns Bank. Which is a licensed commercial bank, officially registered in accordance with all regulatory requirements.
The Neluns Bank presents a broad spectrum of services for physical and legal entities. While all operations are available in fiat and in cryptocurrencies.
During the first stage, Neluns Bank will carry out activities combining classical banking and banking on the Blockchain. In the future, Neluns Bank, together with its partners, will transition to its own Blockchain for international settlement purposes.
The utilization of leading technologies allows us to create financial products, access to which will be available around the clock from any part of the world.
NELUNS Exchange
- Buy and sell cryptocurrencies in two clicks, exchange crypto for fiat.
- “Bank guarantee” principle. Easy fund withdrawals, highest transaction speeds.
- Protection from cyberattacks
- Full functionality during peak loads
- Effective user support services API’s and trading on the Neluns exchange through familiar software such as Fusion, TAKION, MetaTrader, Metastock, ROX, and others.
NELUNS Insurance
- Trade insurance
- Transaction insurance
- Protection from technical issues
- Protection from failed counterparty obligations
IBAN – Multicurrency Accounts
Neluns Bank users will have access to IBAN – personal and corporate multicurrency accounts. Immediately after opening an account, users will be able to carry out operations in USD, EUR, GBR, as well as with cryptocurrencies.
IBAN (International Bank Account Number) - The International Bank Account Number is a unique identifier helping banks process payments from person to person automatically. The IBAN contains all necessary information of the owner of a bank account such as the account number, bank, branch information, and country code. Although no uniform length has been established for SEPA countries, the IBAN cannot exceed 34 characters. Most countries however, have different fixed lengths.
Mobile application for iOS and Android
Applications for iOS and Android will make it easy to transfer, exchange operations, receiving and giving out loans in fiat and cryptocurrencies (p2p-crediting) just in two clicks.
The iOS and Android applications will allow you to make all possible trade operations within the Neluns ecosystem: buy and sell cryptocurrencies on the Neluns Exchange in one click, make an interest receiving deposit in the Neluns Bank, receive a loan from the Neluns Bank, provide or receive a loan on the P2P-platform, make transactions anywhere in the world in a matter of seconds.
The pictures below demonstrate how the iOS and Android applications work:
Issuance Of Bank Cards
After receiving a bank license and connecting to SWIFT, we will connect Neluns Bank to a variety of payment systems (Visa, MasterCard, American Express, and others).
As an issuing bank, Neluns will perform the following functions:
• Issuance of bank cards to clients.
• Authorization of payments at the request of retail outlets.
• Payment of merchant accounts by writing off corresponding amounts from the client accounts.
• Issuing cash money in any partnering ATM’s of Visa, MasterCard, American Express, worldwide.
• Security (blocking of accounts in the case of lost cards, etc.)
Holders of cards issued by Neluns Bank, will be able to pay for purchases. At the same time, payments in both fiat and cryptocurrencies are allowed. In case of payments being made in cryptocurrencies, they will be converted into fiat based on current Neluns Exchange market rates.
To make it easy, card issued by Neluns Bank use Contactless payment systems (MasterCard Contactless, Visa paywave, Apple Pay, Samsung Pay, Google Pay), modern, innovative technologies consistent with EMV (Europay+Mastercard+Visa) in accordance with the ISO/IEC 14443 standard.
We have developed software products with 4 types of bank cards:
- Lite – bank card released for first level verified users (email address). Users can participate in trades on the Neluns Exchange (with 1:5 margin trading). Trade sums cannot exceed $300.
- Silver – bank card released for second level verified users (verification through social networks and mobile number). Users can participate in trades on the Neluns Exchange (with 1:10 margin trading) and the P2P lending platform. Trade sums cannot exceed $500.
- Gold – bank card released for third level verified users (verification through identity verification and mobile number). Users gain access to all Neluns Bank services, Neluns Exchange (with 1:20 margin trading), Neluns Insurance. Restrictions on trade amounts are absent.
- Platinum – bank card released for third level verified users (verification through identity verification and mobile number), who have deposited no less than $5000 in the Neluns Bank. Users gain access to all Neluns Bank services, Neluns Exchange (with 1:20 margin trading), Neluns Insurance. Restrictions on trade amounts are absent.
Neluns Visa and Neluns MasterCard bank cards:
NLS Token
The NLS token is created in accordance with the ERC-20 standard, and the NLS token is a security token.
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.
Aside from this, NLS token holders will have an access to bonuses and privileges when using products of the Neluns ecosystem. The more NLS tokens a holder has, the more privileges he will receive.
NLS tokens can be acquired throughout the Pre-Sale, Pre-ICO, and ICO. The acquisition of NLS tokens in the secondary market will be possible immediately after listing on cryptocurrency exchanges.
Unsold tokens will be frozen after the ICO. Each year, 3% of the tokens will be burned.
NLS token emission
- During the ICO, 200 000 000 NLS tokens will be released
- Base price of 1 NLS token = 1 USD
NLS token distributions
- 80% tokens will be sold during the ICO
- 12% tokens will remain with the platform development team
- 5% tokens will be directed towards the Bounty campaign
- 3% tokens will be retained by project advisors
Neluns ICO
Stages (rounds) ICO:
Pre-Sale
- Hard Cap - $2.000.000
- Soft Cap - $500.000
1 stage (round), pre-sale, stage (round) length 14 days, from 08-01-2018 to 08-15-2018.
Pre-ICO
- Hard Cap - $10.000.000
- Soft Cap - $2.000.000
2 stage (round), pre-ICO, stage (round) length 21 days, from 08-15-2018 to 09-05-2018.
ICO
- Hard Cap - $112.000.000
- Soft Cap - $10.000.000
3 stage (round), ICO, stage (round) length 31 days, from 09-05-2018 to 10-05-2018.
Fund distribution
Funds acquired during the ICO will be used for the development of the Neluns ecosystem, and growth support for Neluns and the NLS token.
- 80% - Ecosystem development, investment in the purchase and improvement of traditional banking software, development of our own software and ecosystem functionality, Neluns applications for Windows, macOS, Android, and iOS, investment in working and bank capital, cryptocurrency exchange, platform insurance (these funds will be used as part of the activities of all elements of the Neluns ecosystem and provide additional operations).
- 3% - Personnel salaries, offices, legal registration, obtainment of all necessary licenses, connection to payment system and SWIFT, legal and consultation services.
- 10% - Marketing, hosting a marketing campaign and attracting a broad range of clients to use the Neluns ecosystem.
- 7% - Reserve fund, will be used to support NLS liquidity.
Roadmap
TEAM
- Nick Thielman: CEO, Co-Founder
More than 11 years of experience in Banking, Blockchain, Business Development
- Darrell Martin: CTO, Co-Founder
- Leslie Haynes: Director of Business Analysis and Audit Department
- Patrick Skinner: Director of Software Development Department
More than 12 years of experience in Banking, IT Development, Software Engineering
- Madeline Williams: Director of Sales and Marketing Department
More than 10 years of experience in Banking, Marketing
If you are interested in contributing to this big project, please visit the following links:
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