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Nebulas Incentive Program expands with Super Contributors

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Nebulas

Nebulas, a new-generation blockchain ecosystem, is broadening its Incentive Program by introducing Super Contributor incentives. The Nebulas Incentive Program rewards developers and referrers who bring quality decentralized applications to the Nebulas blockchain. With Super Contributors, community members will now be able to win NAS rewards simply for inviting more people to join the Nebulas ecosystem. Super Contributors will share a 10,000 NAS reward, and will also be able to vote on the best dapps each week in the Nebulas Incentive Program.

The Nebulas Incentive Program, which rewards developers and referrers who bring high-quality decentralized apps (dapps) to the Nebulas blockchain, is being upgraded. On June 10, 2018 (UTC+8), the Program will introduce Super Contributors, a new referral program that rewards those who invite the most new users to the Nebulas ecosystem. This will add both a new method to earn NAS rewards and voting rights for the community, within the Nebulas Incentive Program.

Super Contributor incentives are a new referral plan within the Nebulas Incentive Program. Currently, The Nebulas Program is comprised of two reward streams: Developer and Referral Rewards. Developer rewards are distributed to those who build the best dapps on Nebulas.  Referral rewards, meanwhile, are distributed to those who convert the greatest number of developers to build dapps on the Nebulas (an invited developer that registers on Nebulas but does not build a dapp is not counted as a successful referral).

With Super Contributors, Nebulas will reward those people and organizations that invite any users, including developers and non-developers, to the Nebulas ecosystem. The top-20 accounts that invite the most people to sign up to Nebulas will become Super Contributors. They will share a weekly 10,000 NAS prize amongst them, and also have the chance to decide the Champions, Weekly Developer Champions, second- and third-prize receiver, by voting for the best three dapps each week.

This Super Contributor upgrade introduces the process of “proof of participation” in the Nebulas ecosystem, and is an early experiment for implementing the Proof of Devotion consensus protocol on Nebulas blockchain. Furthermore, involving Super Contributors in the decision-making process for determining the best dapps in Nebulas Incentive Program is a step towards achieving a fully autonomous blockchain ecosystem run by the community.

The Super Contributor mechanism will take effect on June 10th, 2018, and run for a four-week period until July 8, 2018. To win a chance to become a Super Contributor, users need only register on the Nebulas Incentive Program website (incentive.nebulas.io) and obtain a unique invitation, and then invite others to register on Nebulas using this code. All community members, industry media, influencers, exchanges, and other groups and individuals, are encouraged to participate.

The Nebulas Chain (NAS) is a new generation of public blockchain and dedicated to building a collaborative ecosystem with sustainable upgrading, and its mainnet was launched on March 30th, 2018. Nebulas features an original blockchain value discovery system, forward-looking incentive and consensus mechanisms, and the ability to avoid hard forks through self-evolution.

The main Nebulas blockchain network launched on March 30th, and this was followed by the debut of the Nebulas Incentive Program at the beginning of May. Since then, nearly 3,000 dapps have been deployed on Nebulas, surpassing the number of dapps on Ethereum.

For more details please visit: nebulas.io

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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A Guide to Exploring the Singaporean ETF market

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Singapore’s Exchange Traded Fund (ETF) market has grown, offering investors diverse investment opportunities and access to different asset classes. As the market evolves, investors must navigate these uncharted waters with a clear understanding of Singapore’s ETF landscape. This article explores the trends, challenges and strategies for navigating the Singapore ETF market. To start investing in ETFs, you can visit Saxo Capital Markets PTE.

The Singaporean ETF Market: Exponential Growth

The Singapore ETF market has seen significant growth in recent years, with an increasing number of ETFs covering a wide range of asset classes and holders. different investment topics. 

One of the notable trends in the Singapore ETF market is the growing diversity of available options. Investors can now choose from ETFs that track domestic and international stock indexes, bonds, commodities, and specialist sectors or themes. This diverse range of ETFs allows investors to create comprehensive portfolios tailored to their investment goals.

The growth of the ETF market in Singapore is also due to growing investor demand for low-cost, transparent, and accessible investment vehicles. ETFs offer benefits such as intraday liquidity, real-time pricing, and the ability to trade on exchanges. These characteristics have made ETFs attractive to retail and institutional investors who want exposure to different asset classes.

Regulatory Landscape and Investor Protection

The Monetary Authority of Singapore (MAS) is the…

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore

Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
  • When you are applying for a loan with a Housing…
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic

CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited to KYC and fiat ON & OFF ramping,” said CoinField’s CEO…

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