Neluns also known as NLS, a new financial ecosystem which uses an innovative technology allowing to operate with cryptocurrency and fiat, will start its ICO in the last days of July 2018. The team of Neluns is going to create favorable conditions for the growth of the cryptocurrency market. The Neluns is divided into 3 elements: a Bank, an Insurance Company and a Cryptocurrency Exchange. Each element is interactive to both fiat and cryptocurrency. NLS Company provides better conditions and lower risks to the users.
Neluns Bank
The first element of the ecosystem is the Neluns Bank. Which is a licensed commercial bank, officially registered in accordance with all regulatory requirements.
The Neluns Bank presents a broad spectrum of services for physical and legal entities. While all operations are available in fiat and in cryptocurrencies.
During the first stage, Neluns Bank will carry out activities combining classical banking and banking on the Blockchain. In the future, Neluns Bank, together with its partners, will transition to its own Blockchain for international settlement purposes. The utilization of leading technologies allows us to create financial products, access to which will be available around the clock from any part of the world.
Neluns Exchange
The Neluns Exchange strive to become a global cryptocurrency exchange and establish itself as the foundation for a new and complex banking architecture, which does not suffer from the shortcomings of the existing system. We are creating an innovative solution, eliminating the drawbacks of existing cryptocurrency exchanges.
Neluns Insurance
A separate element of the Neluns financial ecosystem, is the insurance company - Neluns Insurance. On demand of the bank and cryptocurrency exchange users, it will carry out insurance coverage for financial risks, tied to trades and transactions.
Ecosystem users will have access to full and partial risk insurance.
• Full insurance. Provides insurance coverage in full when an insured event occurs.
• Partial insurance. Limits insurance coverage as certain insurance amounts, as well as the system of specific insured event occurrence conditions.
The base insurance premium amount with full coverage comprises 10% from the total trade/transaction sum. It can change depending on a row of criteria. The cost of partial coverage is determined individually for each specific case.
After the insurance payment is paid, the claim right of the defaulting party is transferred from the insured to the insurer.
Clients will have access to the following insurance services:
• Risk insurance for defaulting counterparties when executing transactions. • Insurance in case of unforeseen circumstances during transactions.
As the ecosystem develops, the set of insurance products will be expanded. The following services will be added to the basic services:
• Insurance of credit and deposit risks.
• Insurance of investment risks.
• Insurance of financial guarantees.
System features highlight :
· Cryptocurrency trading operations run with a few clicks
· Fast and cost-effective cryptocurrency exchange
· Withdrawal of funds and deposits from anywhere you go with the App
· Option to open a personal IBAN account or company that supports multicurrency
· Visa, MC, Amex debit and credit cards can be issued and linked to a multicurrency account in the system
· International money transfers can be sent and received from within the system
· Create interest to generate deposits in fiat or cryptocurrency
· Get loans from Neluns in fiat and cryptocurrency
· Get loan interest to other users through the P2P (Peer-to-peer) Lending Platform
· Exchange NLS trades on currency exchanges and withdraw profits
· Selected or all trades can be insured
· Get dividends
· Active market participants enjoy lower risk levels and generate extra profits
The product line consists of related software product bank cards. The following products are available for retail and corporate clients: Lite, Silver, Gold and Platinum.
This transaction is handled by a P2P state-of-art loan platform that replaces the role of traditional retail and investment banks. Basically it removes proxies and connects directly to clients giving them security, transparency and flexibility in terms of how they prefer to deal with money. Cutting intermediaries and moving to the next generation of financial ecosystems brings a significant reduction in transaction costs.
Exchange Neluns use the principle of “Bank Guarantee” for smart contracts that govern the execution of transactions. In addition to pre-determined contracts, custom user customization can adjust coverage to include various events and conditions, change the scope to include some or all transactions. Business logic is implemented using top notch technology to ensure additional security, rapid withdrawal of funds and load balancing to meet high service demand. The team believes that Nelun’s financial ecosystem must create the best conditions in the class for both cryptocurrency traders and their funds.
About the Initial Coin Offering
NLS token was built in accordance with the ERC-20 standard and it is a security token which will provide to users with 50% dividends based on the Neluns system profit. Dividends will be shared quarterly and it is calculated proportionally to the number of tokens user holds compared to the total.
A total amount of 200 000 000 NLS tokens will be released during the ICO. Base price of 1 NLS token is 1 USD. The ICO will be divided into three phases. They are: the Pre-Sale, Pre-ICO, ICO.
ICO stages rounds
Pre-Sale
The first phase will run from the 1st of August to the 15th of August lasting for 14 days. The Hard Cap is $2.000.000 while the Soft Cap is $500.000 There’s a standard 30% bonus and an extra-bonus of 40% and 50% on an investment of 1 ETH or 10 ETH in one transaction.
Pre-ICO
The pre-ICO which is the second phase will run from the 15th of August to the 05th of September lasting for 21 days. The hard Cap is $10.000.000 while the soft Cap is $2.000.000. There’s a standard 20% bonus and an extra-bonus of 30% and 35% on an investment of 1 ETH or 10 ETH in one transaction.
ICO
The third phase, the ICO, will run from the 05th of September to 05th of October and will last for 31 days. The hard Cap is $112.000.000 while the soft Cap is $10.000.000. There’s a standard 10% bonus and an extra-bonus of 20% and 25% on an investment of 1 ETH or 10 ETH in one transaction.
Funds distribution
80% - Ecosystem development; investment in the purchase and improvement of traditional banking software; development of our own software and ecosystem functionality; Neluns applications for Windows, macOS, Android, and iOS; investment in work and bank capital,
platform insurance (these funds will be used as a part of the activities of all elements of the Neluns ecosystem and provide additional operations).3% - Personnel salaries, offices, legal registration, obtainment of all necessary licenses, connection to payment system and SWIFT, legal and consultation services.10% - Marketing, hosting a marketing campaign and attracting a broad range of clients to use the Neluns ecosystem.7% - Reserve fund, will be used to support NLS liquidity.
ROADMAP :
November 2017 : Neluns team Formulation
December 2017 : ICO preparations
May 2018 : IOS mobile application beta testing
June 2018 : Holding of a closed investment round for investment funds and anchor investors
July 2018 : Preparations for the NLS token sale
August 2018 : Pre-sale of NLS tokens, pre-ICO
September 2018 : NLS token ICO, mobile application launch (beta version) for iOS and Android
October 2018 : Listing on the cryptocurrency exchange bittrex.com, huobi.com, kraken.com
November 2018 : Launch of the p2p lending platform, launch of mobile applications (alpha version) for iOS and Android
December 2018 : Listing on the cryptocurrency exchange hitbtc.com, poloniex.com, binance.com, bitfinex.com, okex.com
January 2019 : Obtaining a license for Neluns Bank, launch of a payment service for converting cryptocurrencies and executing the transfer of funds to any part of the world, connecting Neluns Bank to Swift, start of Visa, MasterCard, American Express bankcard issuance
February 2019 : Obtaining a CFTC license and launching the Neluns Exchange — an innovative cryptocurrency exchange
April 2019 : Launch of the full-fledged Neluns ecosystem
April 2020 : IPO (initial public offering) on the New York Stock Exchange (NYSE)
Information :
Website : https://neluns.io/
Whitepaper : https://neluns.io/static/ver165/whitepaper/whitepaper.pdf
Facebook : https://www.facebook.com/The-Neluns-2038488129802279/
Telegram : https://t.me/TheNelunsChat
Twitter : https://twitter.com/TheNeluns
Channel Youtube : https://www.youtube.com/channel/UCap59w27OBC_Cn9nsQxthTA
Medium : https://medium.com/@iconeluns
PROFIL : https://bitcointalk.org/index.php?action=profile;u=2269084;sa=summary