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Topic: Proof of Credit Mining aka POCM (Read 130 times)

member
Activity: 296
Merit: 12
September 13, 2019, 04:48:10 PM
#2
So does that mean holders of NULS are the ones who would technically be able to vote for a project to be successful? So they would receive funding from the NULS coins
jr. member
Activity: 236
Merit: 4
September 13, 2019, 04:44:09 PM
#1
POCM is a platform that allows projects to generate tokens before and after launch. Projects are able to use the platform to create a staked coin output (SCO) and those holding NULS can stake to the new project and receive generated tokens.

The project would then receive NULS staking revenue that would otherwise default to holders thus allowing the projects to utilize NULS to further fund their project.

https://medium.com/@nuls/understands-nuls-2-0-in-one-picture-a1ad816c3353
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