Nuclus ICO

For the first time in modern history, the global economy is growing but few are benefiting – until now, sellers have had to hold expensive merchant bank accounts and pay high fees making online business expensive and only profitable with high volume sales. The combination of mobile ubiquity and blockchain is unlocking opportunity for prosperity like never before.

The Nuclus Platform will be the #1 mobile first wholesale marketplace for international order fulfillment from Sub-Saharan Africa serving the rising middle class and realization of commercial goals and objectives of African development programs. The introduction of a digital token will stimulate trade between participants as it has no residual effects or distortions i.e. inflation and the transaction is totally completed at the point and time of exchange. We introduce a new economic philosophy to ensure sustainability and to advance equitable opportunities for economic participants during economic growth with benefits incurred by every section of society.

Over the next 2 years, we will create a recognizable and distinguished brand, and expand in-country infrastructure to build direct links between the macroeconomic and microeconomic determinants of the economy and economic growth.

Tokens or the digital currency, Nuclus Money or NUCLUM (NLM), based on Ethereum Erc20 interoperable standard, forms an integral part of the platform and business model. From the outset, users will be rewarded for signing up, settling payments, and even for sharing their personal or business information. Goods and services will also be priced in Nuclus Money and fiat currency offering buyers and sellers to trade in the currencies of their choice.

Nuclus Money will form the backbone for peer-to-peer exchange and facilitate transfers between macro and microeconomic determinants. This will introduce additional opportunities for financial services such as micro-loans and exchange services at micro community level where the in-country fiat currency have failed due to poor economic conditions and hyper inflation, especially in Southern African countries.

We will also register with smaller exchanges such as Nebula and Lykke initially up until we’ve established a track record to gain access to the larger more popular exchanges like Binance. This will enable coin holders to trade NUCLUM as and when they see fit. Furthermore, we propose a trust based peer-to-peer exchange model to transfer digital for in-country currency.

Over the next 16 to 20 weeks, we will be heavily invested in the following tasks[1]:-

  1. Initiate a rigorous process to validate our business strategy;
  2. Scrutinize and socialize our economic model while finalizing our project plan;
  3. Expand into detailed planning and introducing banking, tax and legal advisory services as well as the incorporation of the legal entity;
  4. Compiling a more comprehensive marketing and sales strategy;
  5. Establishing the final legal, operational, governance and accounting frameworks and relevant issuance of sale documentation;

 

[1] Referencing ICO Best practices, Introduction to Token Sale (ICO) Best Practices, PriceWaterhouseCoopers, Copyright © 2017

Location
South Africa
Category
Commerce & Advertising
ICO
02 November 2018 - 14 December 2018
Token Name
NUCLUM
Token Symbol
NLM
Total Supply
500,000,000

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