About
NULS stands for Nuls.io’s token. This enterprise-grade blockchain infrastructure offers a modular, microservice-based framework that makes it easier to develop dApps faster and cheaper.

NULS, which was founded in Singapore by NULS community foundation (registered Singapore), operates using an unique Proof of Credit consensus mechanism. This is one of the best green technologies available, and it requires comparable amounts of energy.

Status of the Project
Developers can create modules to suit any purpose using the microservice architecture, and simultaneously develop other essential components of a blockchain-based app.

This project includes microservices and smart contracts as well as cross-chain interoperability, instant chain-building, and microservices.

It’s core product is the NULS Chain Factory, which allows non-developers to build a new chain by automatically deploying pre-created modules.

NULS SCO allows NULS projects to issue and disseminate tokens. To earn NULSSCO tokens, investors can also invest NULS on the POCM platform (Proof Of Credit Mining).

Java is the most common language used to write code.

The NULS is an inflationary token that can be used for voting, creating tokens and setting up nodes. You can store value with them.

5 Million NULS are produced each year in order to pay miners and protect the network.

The Website & Whitepaper:
The project’s website includes key project information elements: the project description, documentation, team, whitepaper, roadmap, an active blog, and links to social media.

Its whitepaper comes in English and Chinese and provides key data on the project’s mission, architecture, and token distribution.

The development stage:
In 2019, the NULS Mainnet v2.0 and ChainFactory were launched.

Launched in 2020 was The Nerve Network. This is an inter-chain protocol for interaction based upon NULS.

2020 was the first year that NRC-721 NFT token standards were compatible.

NULS began research and development for NULS version 3.0 in 2021.

Phase I integration with Chainlink

Launched Multichain Plug-in wallet (Nabox), supports Signature of Ledger wallet.

Roadmap:
On the official website of the roadmap, it ends in 2021.

Fundraising:
40% of NULS were dropped to angel investors as part of the In-chain Project.

The Team
LinkedIn reports that NULS may have 50 employees.

NULS is home to 4 councilors, who remain anonymous to the public, giving only their initial names.

NULS’ global team consists of 5 members, only 2 of whom have revealed their real names.

Reaper Ran was co-founded by Reaper Ran. He graduated from Chongqing University of Arts and Sciences. From 2014 to 2017, he was an account manager for China Post Group Corporation. He then co-founded NULS.

Jason Zhang, co-founder and lead programmer of NULS Project, resigned in 2019. He was the one person, of the project founder’s, who had years of programming experience.

Investors include Bitmain Technologies, a crypto mining company, and Hash Capital Venture Capital.

The Community
Twitter (NYSE): (79.4K), Telegram (13.2K), Reddit (5.9K), Youtube (1.71K), and Telegram (13.2K).

Consistently increasing social media communities

Communication with customers and blog postings are a regular occurrence.

LinkedIn last post 6 months ago

Activity on GitHub is steadily decreasing since April 2020.

The key metrics
Maximum supply 210 Million

Supply circulation: 99.6 millions

Market$110,000,000

Average volume: Below $100 Million

Total value locked (TVL): $17.6 millions at the time this article was published.

Listings on exchanges:
Listing on Binance. Huobi Global. KuCoin. OKEx.

Common trading pairs are USDT and BTC.

Token allocation:
60% of the supply will be dedicated to third-party and community projects, development, partnership, and community building.

2.082 Binance Smart Chain holders, from 40 wallets each, have NULS on their Smart Chain.

The NULS tokens supply totals more than 99 percent in the 20 top wallets.

Wallets:
Metamask and Trust Wallet.

Prices:
Highest ever (ATH) $8.55 in January 2018.

The March 2020 All-Time Low (ATL), $0.097

NULS has fallen by nearly 90% since its ATH at the time this article was published.

• NULS’s customizable infrastructure allows developers flexibility and freedom from complicated solutions, while also creating an environment that is decentralized. There are many other projects that seek to reach the same goal of NULS: to make Blockchain development easier and more economical.
• While the project met its initial goals, it does not have any plans or ambitions for the future. It ends in 2021.
• This team remains partially anonymous. Only marketing employees have shared their identities.
• NULS has a small market capital and can grow. Its current price is 90% lower than that of 4 years back, but 520% higher than ATL from 2 years back. NULS continues to add 5 million tokens every year, increasing its supply.
• Even though there was a short spike in trading volumes at the end November 20,21, average NULS volume has not been significantly high since 2018. This suggests that the market is still very low for this project.

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