NULS: Global blockchain infrastructure

NULS is a global blockchain infrastructure, providing:

• smart contracts
• multi-chain mechanism
• cross-chain consensus

Sub-chains

NULS can operate "sub-chains", with transactions paid with NULS. Each sub-chain is able to support its own basic tokens.

This allows NULS to be a platform for other child tokens, much like Ethereum, NEO and QTUM.

Proof of Credit (PoC)

POC is a first of its kind protocol developed by the NULS team.

It works like Proof of Stake where a certain number of tokens will need to be locked before the user can run a node on the network. This exact amount has yet to be decided and the community will vote on it. When a user wants to stop running a node, they can immediately unlock their tokens.

Smart contracts

NULS has a built-in smart contract virtual machine (SCVM) which can execute smart contracts.

One key feature of the NULS SCVM is that it supports multiple programming languages so that developers can develop in their native preferred language. The SVCM can then execute the smart contract through an interpreter.

This feature opens up every developer community to NULS, unlike other platforms with their own languages (ETH) or restricted to a specific language (LSK).

Partnerships

NULS is closely affiliated with InChain, a public chain project which boasts several high profile partnerships including:

• Elephant Alliance (members including United Nations World Harmony Foundation, the United States Institute of Nanomedicine, World Federation of Chinese Medicine)
• Guizhou Lai Shiling Zhengheng Liquor Co., Ltd.
• Yongjian Foundation Ltd.
• Huantai News Agency
• Tiansheng Pharmaceutical Group Co., Ltd.

Price analysis: top 30

NULS' main competitors all have $1b marketcaps (NEO with $8b to STRAT with $1.4b).

NULS is currently valued at $96 million, but boasts several unique features not available in its competitors:

• Proof of Credit
• Multi-language development
• Unique partnerships

My opinion on this basis: NULS is a solid project that could hit top 30 marketcap, barely squeezing into the illustrious $1b club.

This represents a bit over a x10 return.

Purchasing NULS

NULS is available on Binance | Kucoin | Etherdelta

Note that the Binance and Kucoin links are my special invite codes. If you register with those, thank you - feel free to message me at any time if you have any questions or want further insight on NULS or other coins.

These are my thoughts about NULS, what are yours?