NULS

What is NULS?

NULS is a blockchain infrastructure that offers customizable services and serves as a global open-source community blockchain project. It adopts micro-services to achieve a highly modular underlying architecture, incorporating smart contracts and cross-chain technologies. With the aid of ChainBox, NULS can swiftly construct chains, thereby reducing development costs and expediting the implementation of blockchain business applications. The project promotes modular thinking and a multi-chain parallel microservice architecture, offering a plethora of open-source code modules. Users can leverage NULS ChainBox to flexibly select core functional modules such as network, consensus, storage, ledger, and smart contracts to create new blockchains within the NULS chain network. Moreover, they can define their own business logic through smart contracts with minimal programming effort.

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Recent Video Interview

Main points of the interview:

• Mario Blackou discussed his role at NULS and its journey.
• NULS focuses on simplifying blockchain for businesses with its microservices-based Chain Factory and SEO platform.
• NULS’s dual approach to DeFi and NFTs through innovative solutions like Nerve.
• Pragmatism over idealism to achieve real-world blockchain adoption, focusing on business solutions.

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NULS' Mission

• Provide flexible blockchain technology supporting a wide variety of enterprise applications.
• Offer efficient, high-performance solutions to tackle bottlenecks.
• Reduce the barrier of entry development cost to promote the usage of blockchain technology.
• Establish the most robust system of trust through a decentralized network.

Mainnet

Light Wallet

NULS light wallet supports desktop clients for Windows and Mac, facilitating node creation, mainnet stake participation, and asset management on the NULS blockchain. It ensures the security of private keys by storing them locally, requiring users to manage their security.

Nabox Wallet

Nabox Wallet, available as browser plugins, Android, and iOS mobile apps, enables users to connect to NULS ecosystem DApps effortlessly. It supports local storage of private keys and offers seamless exploration of NULS ecosystem DApps.

NULS Node Wallet

Also known as a full node wallet, NULS node program operates on Windows and Linux platforms, encompassing all blockchain data. Users can utilize it for asset management, network maintenance, rewards earning, and data provision.

Blockchain Explorer

The NULS blockchain explorer empowers users to swiftly query detailed information such as transactions, blocks, addresses, consensus, and contracts.

Testnet

Light Wallet

Similar to the mainnet light wallet, the testnet version ensures the security of user assets while supporting asset management and mining without the need for continuous operation to receive mining rewards.

Nabox Wallet

The testnet version of Nabox Wallet provides the same functionalities as its mainnet counterpart, with the added flexibility of switching between NULS mainnet and test network.

NULS Node Wallet

The testnet node wallet, suitable for Windows and Linux platforms, includes all blockchain data and offers functionalities akin to the mainnet node wallet.

Features

NULS 2.0 introduces Multi-Signature Addresses, enabling various operations such as multi-sign transfer transactions, alias setting, consensus node creation, and participation in consensus stake.

Products to Help You Invent:

• ENULS: A blockchain fully compatible with EVM and Web3 API interfaces.
• NULS ChainBox: A solution offering developers an extensive suite of tools to build highly customized blockchains.
• NULS SCO: A platform allowing NULS-based projects to issue and distribute tokens safely to NULS holders using smart-contract blockchains.
• Voting Rights: NULS token holders can exercise their right to vote, crucial for the development of the ecosystem.

Team Background and Partners

NULS is supported by a diverse global team of business and technology experts who are deeply committed to blockchain, decentralization, and community-building. With team members located across the globe, NULS actively works towards realizing the vision of widespread adoption through open-sourced initiatives.

The dedicated team includes NULS Councillors such as Berzeck, Steven, KangWei, and MudiW, each contributing their expertise to the project's governance. Additionally, the global team features individuals like Patric Vogel, VP of Brand Management & Marketing Communication, Al Leong, Marketing Advisor, Kathy, Architect, Essam, Business Developer, and Sam, SCO Manager, collectively driving the advancement and growth of the NULS ecosystem.

List of NULS' partners:

• Strategic Investors: BitMain, BitMart Labs, Chain Capital, IBG, Quest Capital, Ulysses Capital...
• DeFi: BitFrost, Gifted Hands, AutoFarm, Beefy Finance, Token Republic, VOX, NinjaSwap, CryptoBank...
• Infrastructure: Aleph, Chainlink, Ankr, Bridge, Earhart, Node Forge...

Project Development

Since the inception of the NULS main-net, the ecosystem experienced consistent growth, marked by the establishment of essential tools. The initiative to build the EVM parallel chain, ENULS, was set in motion. The primary objective was to foster the migration of EVM ecosystem projects onto ENULS, amplifying liquidity and expanding application possibilities within the NULS ecosystem.

The NULS ecosystem ignition program phase II aimed to bolster and advance ecosystem development across foundational tools, DeFi, NFTs, GameFi, NULS domains, etc., by rewarding projects with main net node incentives. 500,000 NULS from the NULS community fund address were applied to create a node on NULS mainnet to support ecosystem partners.

Projects received ecosystem incentives and a 100% Gas fee Rebate plan for applications deployed on the ENULS network. Advisory support was provided to ecosystem partners, including partnership referral, listing advisory, marketing, and community building.

NULS Price Analysis

As of December 25 2024 NULS has a marketcap of $48M. This is {{percentagefromath}} from its all time high of $8.53. In terms of its tokenomics, there's a total supply of 130M with 85% currently outstanding. Keep in mind NULS has a fully diluted value of $56M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.