Review on NULS by Robiul Islam
I'm always a fan of projects that are trying to decrease entry barriers for…
I'm always a fan of projects that are trying to decrease entry barriers for people and businesses into the space, we need this technology to be easy to use and less intimidating than it is now project like Nuls are doing the whole space a big favor by working towards bridging the gap between the average user and the person obsessed with crypto and this movement all together, I like this project and I hope they continue to be successful in the future.
Updated 5 years ago
Rating has not been changed
The main product of NULS is Chain Factory, a chain-building tool that allows businesses to utilize the plug-and-play selection of modules from the NULS Module Repository including cross-chain consensus for asset value circulation within the NULS ecosystem. NULS 1.0 mainnet launched in July 2018. With the release of NULS 2.0 newest chain-building solution ChainBox, They are inviting developers to building modules for the world's most adaptable blockchain.
I think they should highlight how Nuls supply will be utilized on its platform. I believe investors would want to be reassured that Nuls will be utilized on the platform for development/use case and reassure investors that the supply will go down. In turn price will go up. Plus some key takeaways like staking, 2.0, community, US expansion , partnerships, etc.
Pros
- Their platforms aimed at being easily adapted customizable cheap fast easy and decreasing barriers to entry those are some pretty home-run goals, they state that they believe a pro for them is that proof of credit is an improved proof of stakes system, community consensus is that nulls is the next step in adoption for the blockchain, continued project advancement and development in the bear market is also a huge priority for them, I like the goals and I think that bringing in bigger companies and making crypto mainstream will decrease the amount of certainty around crypto and increase adoption as a whole.
Cons
- There's really not a ton of cons for this projects because they're not missing deadlines they've been on time and I was unable to find any tech issues wallet issues or team drama the project could use more coding languages. The biggest cons I would probably say would be competition nebula on arc are pretty similar and wanting to bring enterprise solutions to the blockchain so Nuls is really gonna have to set itself apart from that.
