Topic: NULS Launched a New Reward Model (Read 117 times)
Whoa. I like this idea a lot especially to weed out all the not so great projects
I really like this idea NULS is providing to users that allows people to have a better understanding of the market before launching a product. The new staking service known as The SCO or Staked Coin Output.
If people are interested in a project they can stake their tokens towards it thus being a precursor to carry out a ICO and IEO.
The first requirement is for a NULS staker to hold 2,000 NULS. The staking nodes first validate blocks and then the NULS consensus nodes produce the blocks. The staker delegates their node into a consensus node for an SCO project thus earning the alternative token instead of NULS for the reward.
https://www.altcoinbuzz.io/crypto-news/product-release/exclusive-nuls-launched-a-new-reward-model/
If people are interested in a project they can stake their tokens towards it thus being a precursor to carry out a ICO and IEO.
The first requirement is for a NULS staker to hold 2,000 NULS. The staking nodes first validate blocks and then the NULS consensus nodes produce the blocks. The staker delegates their node into a consensus node for an SCO project thus earning the alternative token instead of NULS for the reward.
https://www.altcoinbuzz.io/crypto-news/product-release/exclusive-nuls-launched-a-new-reward-model/
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