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Topic: Brief introduction of NBS (Read 137 times)

newbie
Activity: 30
Merit: 0
September 04, 2023, 01:32:14 AM
#3

NBS Community Shines at the Digital China Innovation Competition

https://twitter.com/NBS_DEX/status/1650344156588392448?s=20

The Digital China Innovation Competition, a prestigious event organized by the Digital China Construction Summit Committee, continues to inspire and drive innovation. The 2023 edition witnessed NBS Community's triumph in the Metaverse track, where their "Fulfilling Fortune" web3.0 digital community retail platform stood out among 800 global projects, winning the highly coveted Most Valuable Business Award. This groundbreaking solution, developed in collaboration with renowned computer professors and blockchain experts, leverages NBS digital token technology to empower small-scale businesses without online resources. By fostering cross-industry alliances and digitizing assets, NBS Community pioneers a paradigm shift towards a people-centric, collaborative, and digitally-driven retail ecosystem.


The Digital China Innovation Competition, through its diverse tracks, embraces openness and cooperation to fuel digital transformation. NBS Community's triumph in the Metaverse track highlights the immense commercial potential of their "Fulfilling Fortune" platform. This cutting-edge solution, empowered by NBS digital tokens, enables small businesses to digitize and integrate their assets, creating a shared and prosperous digital retail paradigm. By embracing innovation and collaboration, NBS Community contributes to the dynamic growth of the Digital China initiative.
newbie
Activity: 30
Merit: 0
newbie
Activity: 30
Merit: 0
March 13, 2021, 12:08:36 PM
#1
NBS technology was created in July 2014 and is the first brainchild of  Steem  and  EOS  cofounder and CTO Dan Larimer, along with Ethereum and Cardano cofounder Charles Hoskinson. NBS is an OSS (open source) solution for DeFi (decentralized finance) business and DEX (decentralized exchange) based on DPOS consensus and implemented with DAO's organizational management structure. The graphene technology used by NBS is one of the most advanced blockchain technologies on the market and was developed by Dan Larimer.


NBS technology was created in July 2014 and is the first brainchild of  Steem  and  EOS  cofounder and CTO Dan Larimer, along with Ethereum and Cardano cofounder Charles Hoskinson. NBS is an OSS (open source) solution for DeFi (decentralized finance) business and DEX (decentralized exchange) based on DPOS consensus and implemented with DAO's organizational management structure. The graphene technology used by NBS is one of the most advanced blockchain technologies on the market and was developed by Dan Larimer.

Since launched on September 10, 2020, NBS has been adhering to the concept of “using DeFi to achieve a win-win situation, reconstructing the economic ecology of the public chain, and using free sharing to achieve DeFi inclusive applications”, and has revolutionized the application of smartcoins by introducing the currency-based and coin-based liquidity mining as well as the perpetual margin contract market on the NBS DEX. Cross-chain (NBS-Connect), oracle machine (NBS-Forcast), virtual machine EVM and NFT are added to the original graphene structure. Reconstructing the economic model of the public chain through DeFi allows the NBS ecosystem to form a true closed loop. At the same time, as an efficient blockchain DEX infrastructure, NBS greatly reduces the capital threshold and cost of trading. The NFT function can be applied to fields such as digital collectibles, game projects, digital goods, event tickets, real estate, ID cards, certificates, etc.

The purpose of cross-chain NBS-Connect is to allow NBS to seamlessly Connect DeFi full ecology, while allowing assets on NBS to cross the chain into Ethereum Ethereum, Polkadot, EOS, Cosmos and other popular ecosystems to be converted to standard assets on other chains.

NBS-Forcast is an oracle based on NBS trusted computing, and it is also the first application of trusted computing in the DeFi field. The role of the forecast machine (Forcast) is to provide reliable off-chain data input for the blockchain, and to connect the real world and the world on the chain. NBS-Forcast will implement a high-performance, secure, and scalable oracle service, and at the same time provide services for DeFi applications on Ethereum, Polkadot and other chains with the help of cross-chain relay.

NBS integrates programmable virtual machines so that all centralized Internet services can be deployed on the chain. The virtual machine can create a virtual operating environment, break the shackles of the hardware architecture in reality and solve the compatibility problem. It can be programmed on the chain, the program can run on the chain, the operation process is open source, the operation logic is open, and can gain more trust from others. After integration, the NBS platform does not need to implement a hard fork every time to add new features, but can be directly added by customizing different smart contracts, which greatly reduces the cost of deployment and increases flexibility.

NBS combines the four major characteristics of DEFI: Open source, Governance tokens, Liquidity mining, and community self-organized DAO management. NBS's endogenous DEFI financial attributes and DAO management mechanism enable all community members to have a common goal and encourage them to work hard for the expansion of the community. This is the first time in human history that the perfect integration of human nature and collective interests has been realized.

Token allocation

A total of 1.712 billion NBS was airdropped. 500 million NBS is reserved in the fund pool for witnesses, system development and NBS network architecture maintenance costs.

Token information and release schedule ( Only provide when available)
Total Token Supply
Total Token Supply 3.6B NBS
Circulating Supply
3095718947
Circulating Supply were 3095718947 as dated March 3rd.2021
Private Round Price
all airdrop to qualified BitShares holders
Public Round Price
all airdrop to BTS holders
Token Lock-up plan and release plan
Establish a lock-up mining account with a total of 630 million NBS,
dedicated to lock-up mining on the NBS chain.

Related links

Official website
https://wallet.nbs.plus/
https://explorer.nbs.plus/
https://nbs.wiki



Social media(Telegram, Twitter, etc.)
https://t.me/nbs_2020
https://weibo.com/u/6472543485
https://bitcointalksearch.org/topic/annbitshares-china-association-bca-announcement-on-forking-new-chain-nbs-5272354
https://twitter.com/NBS_DEX/

Project logo (.ai format)




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