Post
Topic
Board Speculation (Altcoins)
Re: Will SCO become the new 2017 ICO?
by
Kemarit
on 27/08/2019, 23:27:53 UTC
NULS just announced a new staking model known as the staked coin output. I am interested in this system because it allows those with the tokens to get rewarded with altcoins that are participating in the SCO.

https://btcmanager.com/nuls-enterprise-dlt-project-and-aleph-unveil-staked-coin-output/?q=/nuls-enterprise-dlt-project-and-aleph-unveil-staked-coin-output/&

But the thing is that you are forced to hold 2000 NULS here? I guess this is still on the experimental stage so there's no success rate as of today. So I'm still a bit skeptics of this whole staking business model. It still depends on which project NULS are going to partnered with, currently its Aleph, so if Aleph became successful on the future, then definitely it's worth to hold and bag NULS. You also have the option to received Aleph tokens. But the big question is what happens if Aleph failed as a project?

I looked into this a bit and it looks like NULS SCO is currently only working with Chinese projects. This would be a great idea to watch and see what happens until it rolls out in the US

What work in China might not work in US soil.