Nihilo Coin [NIHL] - All Set to Become The Single Shared Crypto Across Europe 🚀 🚀 🚀 - [Claim Free NIHL]
Nihilo Coin is a non-monetary cryptographic medium of economic exchange that is designed for market participants who would like to settle their transactions via alternative means of payment which is secure, fast and affordable.
Nihilo Coin is based on a PoS/MN Blockchain algorithm. Nihilo can accommodate 24/365 multilateral real-time gross settlement of the payment claims between node and masternode participants in its distributed Blockchain ecosystem.
Single Shared Cryptocurrency Network Across EU
Nihilo Coin aims to be an European Union wide online network for e-commerce and business via instant P2P payments in cryptocurrency. Nihilo Coin open source Blockchain enables peer-to-peer real-time gross settlement in a worldwide network environment for instant payments in cryptocurrency via the Internet.
Nihilo is is aimed at the continuous maintenance of stable pricing, low stochastic volatility, and full compliance with applicable legislation. The development of the business model for online international trade, retail e-commerce services and cash-less payment settlements in Single Shared Peer to Peer Cryptocurrency Blockchain network will be in compliance with the respective European Union national legal infrastructure.
Nihilo Marketplace
Nihilo intends to build a marketplace for Amazon, Alibaba and Ebay sellers. The Nihilo marketplace will exclusively deal in Nihilo coin as it is stable in price due to it’s reward mechanism i.e, POS/MN. Nihilo marketplace will be the 1st online marketplace with a cryptocurrency banking system stable in value and network power that can run on Internet 3.0. Nihilo team has also made sure that the marketplace remain friendly with the SEO, metadata description, rich snippets and automatic sitemap generation etc. The web panel will provide a user intuitive interface where users can access their built-in sales reports.
The commission earned by Nihilo Decentralized marketplace will be divided as POS reward program to all the masternode holders.
Banking and Financial Landscape
Nihilo is the only coin that is going to be integrated in a fully licensed cryptocurrency banking system. The value of this coin lies in its several future applications. In fact, it’s important to mention that the Nihilo features can significantly influence business and individuals alike.
For example, Nihilo has obtained approval to integrate NIHL into several banking and financial services (both traditional and Crypto oriented); for some banks, the licensing is still under review. What does this mean? Nihilo Coin will be used for accounts opening, asset and wealth management, trade finance, venture capital, custodial services or regulated bonds; moreover, it will be a viable option for ICO(initial coin offerings) management, ESCROW services, crypto exchanges and custodial services. In other words, this coin will support all types of blockchain based project that operates in FinTech and Open Banking domains, by providing a secure and stable currency that functions as a unit of account, store of value and digital means of payment.
Nihilo Coin Card Payment Schemes Integration
It's not finished yet, Nihilo Coin is trying to integrate cryptocurrency Card Payment Schemes to enable efficient payments and easy conversion from cryptocurrency to fiat money.
Coin Specs
| Lable | Value |
|---|---|
| Coin Ticker | NIHL |
| Algorithm | SHA256 |
| Total Coin Supply | 21.000.000 |
| Masternode Rewards | 60% |
| POS Rewards | 40% |
| Min Stake Collateral | 10 NIHL |
| Minimum Stake Age | 8 hours |
| Masternode Collateral | 10.000 NIHL |
| Number of Confirmation | 10 |
| Difficulty Re-Target | Every Block |
| Block Reward | 20 NIHL |
Masternode/ROI
Nihilo is a masternode coin that requires about 10000 NIHL (worth 0.17395 BTC) to get started a masternode. It’s always a good idea to have a masternode than to keep your coins idle in your wallet for nothing. The current ROI is reported to be 79.06% per annum. Please do your own research before investing in a masternode.
The past record shows that the masternode coins usually remain stable and appreciate in value over time as most of the coins are locked in the masternodes and are not readily spendable. Nihilo have a total of 228 masternodes as of now with over 41.23% coin supply locked in masternodes.
I think that's a pretty encouraging ratio and given the low supply of NIHL, you know you won’t be dumped hard. This is also testament to the user satisfaction towards the NIHL project development. In theory, it also signifies the trust level put in by NIHL users/community/investors on the platform and it’s potential to grow in future.
Choose your wallet
If you would like to give it a go, here are some Wallets for different OS. Choose your own, all you have to do is to click on the image and it will take you there.
Trade Your Coins
If you would like to trade Nihilo, it's available on a number of exchanges. Click on any of the following exchanges and it will take you to the respective market.
EARN Free NIHL
If you have a twitter account you can earn earn some free Nihilo coins, check out the Twitter Faucet page. To use the Twitter faucet, you will have to register first. Once you are registered you can make one tweet a day and receive free NIHL coins. The number of coins you receive depends on the number of following you have.
I think that's pretty much it. I hope I covered every question that you may have. Given the analysis after this write up, I am pretty confident of the Nihilo future but I guess only time can tell better, until then it’s hope and we shall hold on to it.
If you would like to know more about Nihilo, check out their whitepaper or get in touch with the team via Twitter or Discord. If you are a developer, I suggest you check out their Github.
Let us know your thoughts!
How do you find these currencies? Whatever is easiest for Grandma to use will be the winner. Cryptocurrency can't be exclusively for tech heads developing for themselves.
ahaha Exactly. Nihilo has a very dedicated team and they are listening you right now. Your comment is duly noticed :)
Aint Nihl on cryptobridge??
No. Coinexchange, Stocks.exchange.
Dude..im trading nihl on bitshares exchange.
https://www.compumatrix.co/#/market/BRIDGE.NIHL_BTS
That's right. My sources were their whitepaper and webpage. Unfortunately, nowhere does it include the Cryptobridge listing. As a due diligence, I checked CB but couldn't find NIHL on the deposit and withdraw list so I didn't care to look further.
Here's the official reply from NIHL team:
Nihilo was listed on CryptoBridge but when we did the coin swap CB could not list us back with same ticker. We announced and requested them to stop trading Nihilo after the fork but they didn't . Although, they announced it on their Twitter but they didn't stop the trading of old chain. When we asked them to relist new chain with same ticker they refused to do so.
So, every NIHL coin on CB is from old chain and nobody suports that blockchain anymore since the swap from 15 March.
the central Bank of Nigeria will love nihilo coin because Nigeria being the second largest market in the world with 190mil people, they have been trying to make Nigeria's economy cashless ie no carrying of cash around either in the name of business, shopping , payment of bills etc.
judging from your post it will be first of its kind.
the only problem a country like Nigeria will have, will come from having a device stay on 24/7 in case of exchange because down here there is always power outage but it is a small issue though as alternative power source can be provided
Nigeria is speeding towards Crypto like no other country. And there's huge potential.
About the device 24/7 online, you don't have to be online all the time. When you make payment just pick up your phone, scan a QR code and pay. That's it.
that easy , well it will be welcomed down here then.
thanks for your post was a eye opener
Mining of bitcoin is currently plummeting in the market, the market has not increased to get that value. Nihilo not many people use it even not know what is Nihilo. Thank you for sharing @ghayas
This is why I keep sharing projects like NIHl to see the daylight and educate people about it. Bitcoin has it's own place.
NIHL can be staked which is resource-efficient and less costly. Beside staking, you have a masternode option.
Strange that this has come to my attention today as I was having a conversation about the likes of Ali baba and eBay having their own crypto currencies only a few hours ago. As crypto coin is still in, ( what I like to call) it’s infancy there are a lot of big steps still left to make. This could be the start of another and with big internet giants like eBay and Amazon on the brink of this project, then this could well be worth looking into.
Ebay and other giants are reluctant to jump in to the Crypto market and issue their own coins. As long as they are away one can fill that gap. And I believe NIHL is up for that task.
I always read blogs about crypto currency and bitcoins but I don't understand them. The only thing I understand is that it's a roller coaster road and it's a gamble. While on this NIHILO it is said that it's not a roller coaster ride making it a lot better than the Bitcoin and it's trying to be more accessible to fiat money. Am I getting things right? Sorry I'm dumb but I really want to learn.
You are at a right place. I try to explain things in the easiest words possible.
Bitcoin is wild. What NIHL does is that it provides a masternode option which somewhat (not always) stabilizes the coin and provides a passive income resource.
Oh I see, I'll stay tuned to your next posts. Thank you
Discover Nihilo - third generation cryptocurrency
This virtual coin aims to facilitate instant payments created between people (or people and businesses) and is intended to perform in a very public and Open source blockchain. This different payment resolution needs no intermediaries and is enabled through the third generation of PoS blockchain algorithmic program.
Exactly. The world is changing. It's peer-to-peer now.
I have a question.
You seem to be focused on the European Union, while I'm sure that being on the internet, it will benefit Africans also, I don't think it will be as beneficial to us as it is expected to be to Europeans.
You have great plans, but those plans don't seem to include Africa. Why should Africans bank on the coins?
It includes all regions. It just that the rules in EEA are different so they are more focused there first to take things forward in a legal manner. Once you are on the internet, you are global.
There's no way you can limit NIHL to EEA. Everyone, everywhere can use it.
Is NIHL bitcoin based, considering the supply of 21mio coins?
No. It's a different blockchain altogether but yeah the supply and algo is same.
@ghayas, thank for sharing this post about cryptocurrency related token as an alternative to payment currency.
In today's society, 7-eleven store has started to accept several types of "virtual payment gateway" besides credit cards.
This Nihilo Coin is certainly toward virtual payment and making use of the current trend of cryptocurrency waves.
Anyway, if the coin is accepted by consumers, its net worth will certainly appreciate against other well-known cryptocurrencies like bitcoin
Cheers
Yeah, merchants are quick to adopt the new payment alternatives. For NIHL, it's only a matter of time.. Tx
I am pleased we have the same understanding and confidence with NIHL
Cheers.