Nebula Exchange review ICO

Nebula exchange is an exchange service that has been established by combining a sophisticated trading platform with user reviews, technical analysis, news, and Peer to Peer network messaging, in a bid to induce a centralized or one-community trading solution. Nebula exchange can be defined as a centralized cryptocurrency exchange platform.

Nebula Exchange-decentralization of a new level.
To achieve these goals, it was decided to combine the trading platform with social networks, news and independent reviews. Rating and rewards are introduced to facilitate honest feedback of participants.
This approach will significantly reduce the impact of fake news, the publication of paid reviews and HYIP ,which are used to disperse fraudulent schemes such as pump & dump. Any participant will be able to quickly determine whether the message, review, or trading advice can be trusted.

Problems faced by the project.
Cryptocurrencies alongside the blockchain technology came at a time people were still naïve to technological advancements. Hence, virtually a greater part of the world populace found it hard to understand how cryptocurrencies work.
Crypto trades are goldmines and smart investors are making a fortune out of it. So for amateurs who are yet to grasp the concept behind cryptocurrencies, they’ll find it hard to meet up.
Apart from users’ naivety and inability to conform the workings of cryptocurrencies in general and its trading in particular, there are also problems facing cryptocurrency itself. It has been stated over times that cryptocurrencies seem to have low output and are slightly faster than fiat currencies.

Advantages of the project.

1. Leverage. The Nebula Exchange will allow users to trade with up to 1:10 leverage. In other words, the project offers a wide range of opportunities for traders who grew up in the Forex market. Account in universal Exchange. clients can use a single purse for many stock transactions, including trade with borrowed funds.
2. Demo. The team provides a unique demonstration project in which we can observe the charts from TradingView and much more.
3. Fiat trading. The developers of Nebula promise to create conditions for the trade of Fiat currencies (in particular, EUR and USD). At the same time, the Deposit options will be quite safe, and the KYC procedure is simplified.
4. Purse. The Nebula Exchange project offers a wallet with the ability to make multiple signatures. The wallet will include all the features typical for such technology.
5. Numismatics. The final list of currencies with which the Nebula project will cooperate is still unknown (according to the website, there are at least 52). There is already information that many coins will be available within the exchange, which are extremely rarely available on other exchanges. This, of course, characterizes the project from the best side.
6. Ratings. Each trader can take part in the voting and give an assessment of a particular project. According to the representatives of the project, it will be similar to the assessment tools from Amazon. So, all sorts of scammers, projects without content, will have a weak rating, which will help beginners and even professional traders in the world of crypto-currencies to make certain conclusions about this or that project.
7. Mobile application. This year Nebula team will launch mobile applications (for Android and iOS devices). Users will be able to fully trade on the exchange even sitting in transport!
8. Security. The most important component of the Nebula platform is a high level of security. The system will involve complicated encrypted cold storage, users will be protected from burglaries and theft.
   It is also known that projects with the highest ratings Nebula will advertise for free on its main pages.

Exchange token trading.
A security token is a type of tokens that is similar to the securities of companies in its functionality. Their holders earn by increasing the value of the enterprise and receiving dividends paid by the Issuer of tokens.

The close similarity with securities obliges all participants of the transaction to undergo verification procedures and comply with the requirements of financial regulators. These difficulties still keep startups and traders from trading such tokens. But, according to the team Nebula Exchange, soon the situation will change and within 2 years they will begin to actively trade on the exchanges.

Implementing this understanding, the project developers create conditions for the operation of all systems on the platform, typical for traditional stock exchanges-Trustee, broker, clearing house, etc.

We are working on cooperation with financial regulators to obtain all the necessary permits and licenses to trade security tokens.

This approach will attract accredited and institutional traders with large amounts of capital to the exchange. Private traders, after passing the KYC procedure, will also be able to participate in this type of trade.

Social network.
The project is still quite young, but gradually gaining popularity in the main public relations channels. Today (June 17) in Telegrams – 2830 subscribers, instagram — 1501, Twitter – reads 6147 users, Facebook – 1930. The official group of the project in linkedin has only 4 members so far. The team does not think about the popularity in bitcointalk at all – now the official profile representing the bounty campaign has only the Jr level. Member, although the profile is registered on April 4.

Detailed information about ICO.
Token symbol: NESC

Token type: RC20

Total token: 100 million tokens

ICO (private and public) offer: 75 million tokens

Soft printing: $ 500,000

Hard cover: $ 20 000 000

Price: 0,4 USD

Projected date of sale: TBA

Roadmap.
The document contains a short but informative road map. The project was officially presented in the 4th quarter of last year. Already in the 1st quarter, a new project site was presented, the team announced the completion of the development of the platform – a beta version was officially presented. In the second quarter, the team was actively engaged in the ICO. The listing of NESC tokens is scheduled for the 3rd quarter of the year. The project has set up interaction with Ethereum in the second quarter, and the exchange with bitcoin will be available only in the third. Also in the 3rd quarter will be held a listing of secret tokens. At the end of the year it is planned to present the application for Android.

Project team.
The document contains a lot of information about the brightest representatives of the project team, but neither here nor on the web page there are no links to profiles in social networks.
The founder of the project, Vincent Jacques, a successful investor and businessman. He was a strategic Advisor at BCG for 2 years. As a student, he developed a virtual trading platform.

The Commission structure for the exchange.
The Nebula fee is just a 0.1 percent fee and a small taker fee combined with affordable listing fees. The Nebula exchange is eyeing to take over the niche market of projects that have been orphaned due to lack of funding in the last two years.The Nebula exchange also comes with a reputation system, which will allow users and the traders to rate projects. This system will work in a similar manner to how goods are usually rated on e-commerce sites such as Amazon.

Scams, pumps and dumps, worthless projects, and projects with no clear business plan are going to get poor ratings. This will help casual traders and newcomers to have an easy way of segregating the chaff from the wheat.

Conclusion.

Despite the small marketing flaws of the project, the site and documentation look worthy and have a good potential for a successful entry into the world market. The most important thing is that the team already has a well – developed product, there is something to show to investors. Interest in the project is rapidly gaining momentum and is fueled by its increased level of security, declared by the team of its creators.

The main links and contacts of the project are here:

Website: https://nebula.exchange

Whitepaper: https://nebula.exchange/wp-content/uploads/2018/04/Nebula-Exchange-Whitepaper.pdf

Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=3642473.msg36660706#msg36660706

Twitter: https://twitter.com/Nebula_Exchange

Facebook: https://www.facebook.com/Nebula.exchange/

Linkedin: https://www.linkedin.com/company/nebula-exchange/

Telegram: http://t.me/nebulaexchange

Instagram: https://www.instagram.com/nebula_exchange/

The author of the article: reaper17
Link to the BTT profile: https://bitcointalk.org/index.php?action=profile;u=2299592s.