Tuesday, November 30, 2021

NULS POCM Upgrade Announcement



NULS POCM (Proof of Credit Mining) platform was established in July 2019, the number of our SCO partners has increased 10 times within 2 years. Some of the SCO projects such as ALEPH, GGTK, SmaugsNFT have accomplished amazing progress with the community support provided by NULS in their early phase, our SCO investors also gained quite good profits participating in the SCO projects. We are very happy to witness this double win situation and we, the NULS team, will keep moving forward to provide more benefits for our SCO partners and NULS investors.
NULS POCM is probably one of the simplest ways to invest in the initial market without any financial risks. Investors stake NULS in our POCM platform to earn tokens from our SCO projects.

There are 2 ways to participate in our SCO projects now:
Stake in SCO projects on web wallet(https://pocm.nuls.io
Stake in SCO projects on Nabox mobile Wallet. Download Nabox: (https://nabox.io)

We have been continuously receiving suggestions and feedback from our community members and SCO partners and investors ever since the POCM platform was established, to provide a better user experience, we have now updated our product in the following aspects:
Crossed-chain assets will be able to create POCM directly. New SCO projects investors no longer need to swap tokens on NeerveDEX (https://nervedex.com)
SCO projects creators give extra rewards to node owners according to their own wills.
SCO staking APR will be seen on the POCM page.

POCM page will show the current staking details such as the amount of NULS staked, the profits earned, etc
We reconstructed the staking logic.
Useless nodes will be deleted automatically to improve user experience.

NULS POCM staking platform now supports projects from ETH, BSC, NULS, Heco, OEC, Polygon, KCC, Tron, Harmony. We will be adding more diversities in the future to meet various needs from users.
About NULS POCM

POCM (Proof of Credit Mining) is an SCO Platform that allows projects to use smart-contracts to issue and distribute project tokens on blockchains. Got NULS? Stake into a project's nodes and earn their token as reward, while the project earns NULS as reward. Projects can use the NULS consensus rewards to bootstrap and help fund development. Unlike IEOs and ICOs, stakers never risk their principal, and NULS never leave their wallet. Earn project tokens while your device is off! As a universal SCO Platform, POCM can be used to issue and distribute tokens and assets from any public chain in any blockchain ecosystem.

Join The Stratis Build Hackathon with $100,000 USD in prizes



Stratis is genuinely excited to launch its third hackathon, bringing in new talent and blockchain solutions, demonstrating the power of Stratis Blockchain Technologies. At Stratis, our mission is to simplify the adoption of blockchain technology within existing computing environments. We have built a platform written entirely in C# and based on the Microsoft .NET Core framework to deliver on this mission. The Build – Stratis Platform Hackathon is Stratis' third virtual hackathon.

$100,000 USD has been allocated to the Hackathon Prize Pool, with a $30,000 USD Grand Prize and several other prizes to entice developer engagement. Stratis has also brought in some of its partners to sponsor the hackathon, including CMS, Triad Group Plc and the APPG, with CMS and Triad awarding a $5,000 bonus for those who deliver a submission that meets some of their defined requirements.

The Stratis Build Hackathon will launch on the 29th November 2021 and run for just under nine weeks, ending on 30th January 2022. This will be followed by a judging period, with winners being announced on 23rd February 2021.

The entry criteria are limitless; the only requirement is that your submission utilizes Stratis Blockchain Technology. An example of some submission types can be found below:

Blockchain Gaming Submission
Gaming submissions should include an end-to-end game, incorporating Blockchain Technology in some respect. This can be through the employment of an earn to play model, the issuance of non-fungible tokens or utilizing Smart Contracts to offer a genuinely trustless experience for the gamer.

Stratis provides Software Development Kits for both the Unity Gaming Engine and the Unreal Gaming Engine to assist with the game integration process.

DeFi Submission
A DeFi submission can implement a lending protocol, trade management solutions and anything related to financial services on the blockchain.

NFT Tooling Submission
An NFT submission should focus on tooling around the management, creation and utilization of NFTs. For example, an NFT Platform, NFT Creation Tooling and anything related to the management of NFTs. An NFT Collection can also be submitted but must stand out and be highly unique to pass judging criteria.

Stratis Platform Tooling Submission
A tooling submission must focus on bringing additional tooling to the Stratis Platform, such as an SDK that caters for an alternative programming language, or as another example, a wallet implementation.
The judges will be asking: does the tool provide a useful function, is it accessible and engaging to use, is it doing something innovative, how well does the product function? Submissions can cover any software application, such as the web, cloud, personal computer, mobile device or console, but they must utilize Stratis Smart Contracts in C#.

Now is the time to gain some inspiration and think about solutions you can build on the Stratis Platform, utilizing Stratis Blockchain Technologies, in readiness for the Stratis Build Hackathon launch. The launch of the hackathon will detail full judging criteria and getting started packs to assist those new to Stratis Blockchain Technologies.