I. What is NuNet?
NuNet NTX is a platform that provides distributed computing power and storage capacity to decentralized networks globally, by connecting data owners and computing resources with computing processes. required by these resources.
II. History of NuNet
NuNet is a decentralized peer-to-peer network that enables users to share and monetize their internet bandwidth. The project was founded in 2017 by a team of developers led by Joshua Marriage.
The idea for NuNet came from the founders’ realization that many people have unused internet bandwidth that could be shared with others in a decentralized manner. By creating a network where users can share their internet bandwidth with others, NuNet aims to provide a cheaper and more efficient alternative to traditional internet service providers.
NuNet is built on top of the Ethereum blockchain and uses smart contracts to facilitate transactions between users. When a user shares their internet bandwidth on NuNet, they earn NuCoins, which can be used to purchase internet access from other users on the network.
The NuNet network is designed to be fast, secure, and scalable, and it uses a combination of peer-to-peer networking and blockchain technology to achieve these goals. The network is also designed to be decentralized, meaning that there is no central authority controlling the network.
Since its launch, NuNet has gained a growing user base, and the project has received support from several notable investors, including Fenbushi Capital and Outlier Ventures. The NuNet team continues to work on improving the network and expanding its user base, with the goal of creating a more decentralized and democratized internet.
III. Striking Features of NuNet
Utilizing developments in the micropayment’s ecosystem, distributed computing, and blockchain technology, drive the economy of decentralized computing markets.
enabling everyone to share, profit from, and utilize the value of big-scale computation, storage, algorithms, code, and data.
With the help of robust and developing APIs, multi-token payment suites, and specialized network agents, integrate the world’s data and storage resources into a single meta-marketplace.
Enable new business processes and bespoke computation leveraging idle computers, servers, tablets, and smartphones in hybrid infrastructures or corporate private networks while taking into account their unique privacy and security requirements.
IV. Core Technology of NuNet
NuNet’s core technology is based on a combination of peer-to-peer networking and blockchain technology. The network is built on top of the Ethereum blockchain, which enables secure and transparent transactions between users.
At the heart of NuNet is a custom-built routing protocol that enables users to share their internet bandwidth with others on the network. The routing protocol is designed to be fast, efficient, and scalable, and it enables users to connect with each other directly, without the need for a central server or intermediary.
In order to ensure the security and privacy of user data, NuNet uses a variety of encryption techniques, including end-to-end encryption, to protect user communications and data transmissions. The network also uses smart contracts to facilitate transactions between users, ensuring that transactions are secure, transparent, and irreversible.
Finally, NuNet utilizes a custom-built cryptocurrency called NuCoins, which serves as the primary means of exchange within the network. Users earn NuCoins by sharing their internet bandwidth with others, and they can use these coins to purchase internet access from other users on the network.
V. What is NTX?
1. Detailed Information about NTX
NTX is the native token of the NuNet network, a decentralized peer-to-peer network that enables users to share and monetize their internet bandwidth. NTX is an ERC-20 token, meaning that it is built on top of the Ethereum blockchain and is compatible with any wallet that supports ERC-20 tokens.
The primary use case for NTX is as a means of exchange within the NuNet network. Users earn NTX by sharing their internet bandwidth with others, and they can use these tokens to purchase internet access from other users on the network.
In addition to its use within the NuNet network, NTX may also be traded on cryptocurrency exchanges, providing users with the opportunity to buy and sell the token on the open market.
- Name: NuNet Token
- Token symbol: NTX
- Total supply: 1,000,000,000
- Initial Market Cap (at DEX listing): $3,000,000 USD
2. NTX Allocation
3. NTX Noticeable Milestones
NTX Token release schedule information
4. Use Cases of NTX
- NTX Token was created with the non-financial purpose of helping the global economy using a decentralized computer and its internal token to function and sustain itself.
- The NTX token provides access to computing resources and services on the NuNet platform.
VI. How to earn & own NTX?
There are several ways to earn and own NTX tokens:
- Purchase on cryptocurrency exchanges: One way to own NTX tokens is to buy them on a cryptocurrency exchange that supports the token. Users can trade other cryptocurrencies or fiat currency for NTX on these exchanges.
- Participate in the NuNet network: Users can earn NTX tokens by participating in the NuNet network and sharing their internet bandwidth with other users. The more bandwidth a user shares, the more NTX tokens they can earn.
- Participate in community events: The NuNet team may hold community events or airdrops to distribute NTX tokens to users. These events may require users to perform certain tasks, such as following the project on social media or referring new users to the network.
- Receive as payment: Users can receive NTX tokens as payment for goods or services, particularly in industries where internet bandwidth is critical, such as streaming media and online gaming.
VII. Which Crypto Wallets are suitable for NTX?
NTX is an ERC-20 token, which means that it can be stored in any wallet that supports ERC-20 tokens. Some popular wallets that support ERC-20 tokens include MyEtherWallet, MetaMask, and Ledger Nano S.
In terms of exchanges, NTX can be traded on several cryptocurrency exchanges, including BitForex, Vindax, and ProBit. Users can buy and sell NTX for other cryptocurrencies or fiat currencies on these exchanges.
When selecting a wallet or exchange to store or trade NTX, it’s important to consider factors such as security, fees, and ease of use. Users should also make sure to follow best practices for cryptocurrency security, such as using strong passwords, enabling two-factor authentication, and keeping their private keys secure.
VIII. Teams, Funds & Partners of NTX
1. Team
2. Investment Funds & Partners
Conclusion
NuNet is a decentralized peer-to-peer network that allows users to share and monetize their internet bandwidth. It is built on top of the Ethereum blockchain and uses smart contracts to facilitate transactions between users. NuNet’s core technology is based on a combination of peer-to-peer networking and blockchain technology, and it uses a custom-built cryptocurrency called NuCoins as the primary means of exchange within the network. The native token of NuNet is NTX, which is an ERC-20 token that can be earned and owned by participating in the network or purchased on cryptocurrency exchanges.
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