Some reports speculate that the number of unbanked people in the world is over 40% of the world population and this figure shows that banking services are either ineffective or are not really meeting pain points of users. In some Middle East and Asian countries, banks are literally out of the picture. Such people found solace in crypto currencies; a currency that has no discrimination and barriers.
The downfall of these currencies became imminent when they had scaling issues in addition to less interoperability. Investors’ headache arose from inability of converting these currencies to fiat equivalent. Save for few decentralized projects that came on board, cryptos will merely be traded among themselves.
Introducing Neluns
Neluns is perhaps the shark that would sink the hook of crypto trades. It could best be described as perfect combo that would provide investors much-needed facilities to aid their trades.
Why Neluns?
Many prospects are having feet of clay in throwing their towel into the ring of crypto trades. Their decision is probably influenced by inability of using these currencies in many businesses. There is also the issue of limited banking services that could have projected the currency to greater heights. Mention must also be made of hectic time involved in crypto-to-fiat conversions. In the same vein, there are barriers to entering the crypto sphere and though existing projects tailored towards this had made positive input, the owl still cries in the background.
If this doesn’t pass for a challenge, then crypto exchanges prove the worst scenario. These exchanges have witnessed crashes when the going is about getting positive. To triple the scenario, there are limits set to funds withdrawal, stiff regulations with respect to verifications and the continuous attacks unleashed by hackers.
Neluns as solution
Neluns is not just an ICO; its scope does not rest on the blockchain only but extends to the basic areas where crypto use is prevalent. As mentioned earlier, it would hedge existing problems in crypto trades and further position the currency for real-world use.
Neluns Bank
For some time now, banking services had been anticipated for cryptographic currencies and that is what Neluns conceptualized into the Neluns Bank. The bank would incorporate basic features of traditional banking model such as withdrawal and deposits. By this, there would be integration of the fiat and crypto currencies in the same ecosystem. That is great news considering the long-wait for cryptographic banking that had just been released by Neluns.
Benefits of the Bank
Just like conventional banking, Neluns Bank operates a peer lending platform among users and investors can deposit funds into their account using cryptos as well as fiat. Through its partnership with SWIFT, Neluns is positioned to offer faster cross- border transactions around the globe. There is partnership in the offing with big shots in payments such as VISA and MasterCard. The latter alongside the American Express Card will provide credit and debit cards to facilitate funds withdrawal and deposits. Finally, as part of efforts to make services available to users, the bank has a mobile application running on the Android and iOS platforms.
Insurance
There are times when trading goes south and investors watch haplessly as their investments go down the red. At the moment, there seems no risk-hedge that would protect investors’ fund in the light of exchange malfunctioning and low volatility of currencies.
Neluns introduces yet another product – the Neluns Insurance. The insurance is part of the platform’s quest to promote its financial ecosystem. Through the insurance, financial risks emanating from crypto trades will be hedged and this feature would be released when concerned parties indicate interest to use it.
It offer full-scale and part insurances and its scope also extends to trade and investment risks. Users will be protected from non-anticipated risks that might result from a transaction in addition to enjoying immunity from technical issues.
The Neluns Exchange
The exchange projected by Neluns is set to become a lone-ranger since it chose to distance itself from existing anomaly in current exchanges. First, there would be faster transactions in addition to cyber-attack protection. There is a bank guarantee that hedges risks from trades and will function alongside the Neluns Bank.
You can trade on crypto-to-fiat basis in real-time on the exchange and it would function accordingly even when the platform is loaded. It also features APIs and trading software for better functionality.
Token Distribution and Token Sales Information
Ticker: NLS
Platform: Ethereum
Token Standard: ERC-20
Token Supply: 200 million
Soft Cap: $10 million USD
Hard Cap: $112 million USD
Exchange Rate: 1 NLS= $1 USD
Registration Country: The USA
Meet the Team
Partners
Milestones
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A Perfect Exchange
Neluns has all it takes to boost crypto trades and this assertion is evident in its banking and insurance model. The exchange would be vital towards faster and secure transactions. On its bank, investors are availed access to IBAN; a platform that lets you have multiple accounts. In the long run, Neluns would through its unique products facilitate the use of cryptographic currencies as payment channel.
USEFUL PROJECT LINKS
website : https://neluns.io
Bitcointalk ANN : https://bitcointalk.org/index.php?topic=4694028
Twitter : https://twitter.com/theneluns
Telegram : https://t.me/TheNelunsChat
author: munzaeae
bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1063793
eth address: 0xD715ddA7d156E781E9fc5Aad7DB7301B2b8F64ca
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