Introduction
With each day, more and more people become participants of the cryptocurrency market. There are now long-term investors following the buy & hold strategy, traders who partake in regular trading operations, and large cryptocurrency funds.
Nonetheless, many people still reject entering the market. The absence of utilizing cryptocurrencies within the bounds of business models as well as the absence of regulations act as entry barriers for companies. Individuals frequently don’t have time or energy to study all of the market’s mechanisms and purchase a cryptocurrency.
IBAN – Multicurrency accounts
Neluns Bank users will have access to IBAN – personal and corporate multicurrency accounts. Immediately after opening an account, users will be able to carry out operations in USD, EUR, GBR, as well as with cryptocurrencies.
IBAN (International Bank Account Number) - The International Bank Account Number is a unique identifier helping banks process payments from person to person automatically. The IBAN contains all necessary information of the owner of a bank account such as the account number, bank, branch information, and country code. Although no uniform length has been established for SEPA countries, the IBAN cannot exceed 34 characters. Most countries however, have different fixed lengths.
SWIFT (Society for Worldwide Interbank Financial Telecommunication) - The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides a network that enables financial institutions worldwide to send and receive information about financial transactions in a secure, standardized, and reliable environment. SWIFT also sells software and services to financial institutions, much of it for use on the SWIFT Network, and ISO 9362. Business Identifier Codes (BICs, previously Bank Identifier Codes) are popularly known as "SWIFT codes".
SEPA (Single Euro Payment Area) - This unique euro payment area establishes an integrated European market for payment instruments. The aim of SEPA is to ensure that payments within Europe take place as simply and effectively as those within a single country.
Mobile application for iOS and Android
Applications for iOS and Android will make it easy to transfer, exchange operations, receiving and giving out loans in fiat and cryptocurrencies (p2p-crediting) just in two clicks.
The iOS and Android applications will allow you to make all possible trade operations within the Neluns ecosystem: buy and sell cryptocurrencies on the Neluns Exchange in one click, make an interest receiving deposit in the Neluns Bank, receive a loan from the Neluns Bank, provide or receive a loan on the P2P-platform, make transactions anywhere in the world in a matter of seconds.
The pictures below demonstrate how the iOS and Android applications work.
Issuance of bank cards
After receiving a bank license and connecting to SWIFT, we will connect Neluns Bank to a variety of payment systems (Visa, MasterCard, American Express, and others).
As an issuing bank, Neluns will perform the following functions:
• Issuance of bank cards to clients.
• Authorization of payments at the request of retail outlets.
• Payment of merchant accounts by writing off corresponding amounts from the client accounts.
• Issuing cash money in any partnering ATM’s of Visa, MasterCard, American Express, worldwide.
• Security (blocking of accounts in the case of lost cards, etc.)
Holders of cards issued by Neluns Bank, will be able to pay for purchases. At the same time, payments in both fiat and cryptocurrencies are allowed. In case of payments being made in cryptocurrencies, they will be converted into fiat based on current Neluns Exchange market rates.
To make it easy, card issued by Neluns Bank use Contactless payment systems (MasterCard Contactless, Visa paywave, Apple Pay, Samsung Pay, Google Pay), modern, innovative technologies consistent with EMV (Europay+Mastercard+Visa) in accordance with the ISO/IEC 14443 standard.
Aside from this, Neluns Bank users will be able to deposit fiat in any ATM, anywhere in the world, onto their bank accounts.
In the future, we plan to develop our own POS-terminals. They will be installed in sales outlets of bank clients. Thus, Neluns will combine the functions of an issuer and acquirer in the future.
We have developed software products with 4 types of bank cards:
Lite – bank card released for first level verified users (email address). Users can participate in trades on the Neluns Exchange (with 1:5 margin trading). Trade sums cannot exceed $300.
Silver – bank card released for second level verified users (verification through social networks and mobile number). Users can participate in trades on the Neluns Exchange (with 1:10 margin trading) and the P2P lending platform. Trade sums cannot exceed $500.
Gold – bank card released for third level verified users (verification through identity verification and mobile number). Users gain access to all Neluns Bank services, Neluns Exchange (with 1:20 margin trading), Neluns Insurance. Restrictions on trade amounts are absent.
Platinum – bank card released for third level verified users (verification through identity verification and mobile number), who have deposited no less than $5000 in the Neluns Bank. Users gain access to all Neluns Bank services, Neluns Exchange (with 1:20 margin trading), Neluns Insurance. Restrictions on trade amounts are absent.
NLS Token
The NLS token is created in accordance with the ERC-20 standard.
The NLS token is a security token.
The NLS token will provide holders with dividends in the amount of 50% of the profits of the Neluns ecosystem (Neluns Bank, Neluns Exchange, Neluns Insurance). Dividends will be distributed each quarter in proportion to the number of tokens held comparative to the total number of tokens in circulation.
Aside from this, NLS token holders will have an access to bonuses and privileges when using products of the Neluns ecosystem. The more NLS tokens a holder has, the more privileges he will receive.
NLS tokens can be acquired throughout the Pre-Sale, Pre-ICO, and ICO. The acquisition of NLS tokens in the secondary market will be possible immediately after listing on cryptocurrency exchanges.
Unsold tokens will be frozen after the ICO. Each year, 3% of the tokens will be burned.
NLS token emission
During the ICO, 200 000 000 NLS tokens will be released
Base price of 1 NLS token = 1 USD
NLS token distributions
80% tokens will be sold during the ICO
12% tokens will remain with the platform development team
5% tokens will be directed towards the Bounty campaign
3% tokens will be retained by project advisors
Expected price of NLS
The economic modeling of business process allows us to forecast the NLS token price growth over a short, medium, and long-term perspective.
Neluns ICO
Stages (rounds) ICO
Pre-Sale
Hard Cap - $2.000.000
Soft Cap - $500.000
1 stage (round), pre-sale, stage (round) length 14 days,
from 08-01-2018 to 08-15-2018.
Pre-ICO
Hard Cap - $10.000.000
Soft Cap - $2.000.000
2 stage (round), pre-ICO, stage (round) length 21 days,
from 08-15-2018 to 09-05-2018.
ICO
Hard Cap - $112.000.000
Soft Cap - $10.000.000
3 stage (round), ICO, stage (round) length 31 days,
from 09-05-2018 to 10-05-2018.
Bonuses and discounts
Extra-bonus
1.extra-bonus 40% investment of more than 1 ETH in one transaction extra-bonus 50% investment of more than 10 ETH in one transaction
bonus 30%
pre-sale,
start date: 08-01-2018 (12:00 PM NEW YORK TIME)
end date: 08-15-2018 (12:00 PM NEW YORK TIME)
2. extra-bonus 30% investment of more than 1 ETH in one transaction extra-bonus 35% investment of more than 10 ETH in one transaction
bonus 20%
pre-ICO,
start date: 08-15-2018 (12:00 PM NEW YORK TIME)
end date: 09-05-2018 (12:00 PM NEW YORK TIME)
3. extra-bonus 20% investment of more than 1 ETH in one transaction extra-bonus 25% investment of more than 10 ETH in one transaction
bonus 10%
ICO,
start date: 09-05-2018 (12:00 PM NEW YORK TIME)
end date: 10-05-2018 (12:00 PM NEW YORK TIME)
Fund distribution
Funds acquired during the ICO will be used for the development of the Neluns ecosystem, and growth support for Neluns and the NLS token.
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 working and bank capital, cryptocurrency exchange, platform insurance (these funds will be used as 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.
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
My Profil Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1687366;sa=summary
Good article ! subscribed to you and I hope for a mutual subscription