Nebulas 65000% gains?!?! 😱

in #bitcoin7 years ago

The next Google?
Nebulas
Decentralized Search Framework

nebulas.jpeg

Introduction
In this article I will provide you some insight in, what some ‘’crypto-enthusiasts’’ would call, the next Google. But most people don’t actually realize how advanced this product really is!
Nebulas has far more to offer than just a decentralized search framework. I rather think of it as a migration of the greatest tech companies in the United States.
Why Nebulas is the Wonderland in the ‘’Crypto-universe’’
The Token
Coinmarketcap stats:
Current market Cap: $287,138,555
Total Supply: 100,000,000 NAS
Current Circulating Supply: 35,500,000 NAS
Current USD price per Coin: $8.09

As a cryptocurrency investor you probably can tell, by looking at the ‘’Coinmarketcap stats’’, that the coin distribution already seems promising. The fairly low amount of the total token supply indicates, that the actual token price can increase its value to an unprecedented USD sum. Take Bitcoin for example. Its total supply is locked at 21,000,000 BTC, 16,863,137BTC are currently in circulation. The current market cap is sitting at $145,504,252,130. So, to determine the value of a single token you simply need to divide the market cap by the number of the circulating supply. ($145,504,252,130 / 16,863,137= $8,628.54). The reason why BTC was able to get at some point to $20,000 per coin is because of the low circulation of coins.
Of course the biggest factors are the niche, the company is trying to fit in. As well as the team, which is working on it.

The Team
Since the first time, I looked into the Nebulas team, I was certain that this project has a lot of potential! All three of the founders are also co-founders of the well-known Antshares (NEO) blockchain. Many of you might know Hitters Xu, who is a big figure in the blockchain industry just like Charlie Lee, Vitalik Buterin and Justin Sun.
The Nebulas team consists of former Google and Alibaba employees, with many years of experience. I could go on and on raving about how great the team is and the coalition they built with Vitalik Buterin as one of the advisers, even though he is not listed on the website. Maybe it even is the best team in the entire cryptocurrency space!
Now that you know a little bit about them, it should make sense that they are taking a shot of becoming the decentralized Google using their very own Nebulas Rank (NR).
A ranking algorithm, based on Liquidity, Propagation and Interoperability. Those three dimensions are being used to actually get the best search results and to put an end to the paid ranking system Google uses for their first page.
Let’s dive in a little deeper to take a look at the Nebulas Blockchain. The Nebulas Blockchain has huge advantages to others. There are three key factors responsible for it:

Nebulas Ranking (NR) measured by
Liquidity: the frequency and scale of transactions
Propagation: the scope, speed and depth of information transmission
Interoperability: the ability of DApps to exchange and make use of information.
Nebulas Force (NF) includes
Nebulas Virtual Machine (NVM)
Upgrade of the protocol code
Upgrade of Smart Contracts on the Blockchain
Self evolving
The biggest advantage of the Nebulas Force is that there are no Hard Forks needed to fix bugs etc. (i.e. Bitcoin Cash is a hard fork of Bitcoin)

Developer Incentive Protocol (DIP)
In order to create a good community for Nebulas, developers, who help build smart contracts on the Nebulas Blockchain and get ranked well through the Nebulas Ranking algorithm, will be rewarded with NAS token (Nebulas token). This way Nebulas is hoping to motivate its developers to build high quality DApps/Smart Contracts.

Launch of the Mainnet
The mainnet will be launched by the end of Q1 2018. So far only the testnet has been uploaded. One of the most exciting factors will be the switch from the, so far being used, ERC20 Blockchain to the actual Nebulas Blockchain. Many token holders are concerned about what would happen to their assets, which still are being stored on ERC20 based wallets. But don’t worry! The Nebulas Blockchain is actually the first to be migratable with other Blockchains. So let’s assume you’re holding NAS on an exchange using an ERC20 based wallet, you now are able to transfer your Tokens at no fee to their new Atomic Swaps Lightning Wallet. Which also makes it easy for researchers on the Blockchain, to gather informations across all the Blockchains and the DApps build on top of them. With the mainnet we also will be able to use the DApp-store, where developers can build DApps and use the Nebulas Domain-Name-System (DNS) to uniquely name their DApps just like a website.
After Q1 we also can expect Nebulas to focus heavily on their marketing strategy. Which, let’s be honest, they haven’t really done so far.
What we can expect as investors in the future
Trying to be conservative, I can see Nebulas’ potential growth to 25 X itself within the next two years! In the next 5 to 10 years the token price could see gains up to 650 times the current price!
You probably are wondering how I jumped to this conclusion: If Nebulas actually becomes the Google of the Blockchain, we should be able to compare the Nebulas market cap with Google’s, which currently is roughly around $527 billion. So here’s the math:

Google Market Cap / Nebulas Market cap = X growth
$527,000,000,000 / $287,138,555 = 1,835.35 X growth
Now all we need to do is to bring the circulating supply change into the equation.

{Circulating Spply / Total Supply}1,835.35 = conservative X growth
{35,500,000NAS / 100,000,000NAS}
1,835.35 = 651.55 X growth
Since the search engine is only one part of the Nebulas project, the price could be even higher! Especially with the integration of the DApp-store and all the other features listed above.

Appendices
Please note, that this article is at no means to be taken as financial advice. Investing in Cryptocurrencies can be risky and you could lose all your money investing in it. I am not a financial adviser. I only am sharing my personal opinion to help you guys minimize your risks and hopefully maximize your return! I urge you to check out the Nebulas.io website, to get a better understanding of how great the team actually is. Happy trading!!

CryptoDyogo

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