$ 0.00 USD
$ 0.00 USD
$ 0.00 0.00 USD
$ 0.00 USD
$ 0.00 USD
$ 0.00 USD
$ 0.00 USD
$ 0.00 USD
0.00 0.00 USNBT
Issue Time
2000-01-01
Platform pertained to
--
Current price
0.00
Market Cap
$0.00USD
Volume of Transaction
24h
$0.00USD
Circulating supply
0.00USNBT
Volume of Transaction
7d
$0.00USD
Change
24h
0.00%
Number of Markets
More
Warehouse
None
Github's IP Address
[Copy]
Codebase Size
0
Last Updated Time
2016-02-28 06:50:22
Language Involved
--
Agreement
--
Current Rate0
0.00USD
WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!
3H
0.00%
1D
0.00%
1W
0.00%
1M
0.00%
1Y
0.00%
All
0.00%
NuBits is a digital currency that was introduced in 2014 as a stablecoin aimed at maintaining a value of $1.00 USD. It operates on a unique model where the supply of NuBits is dynamically adjusted based on market conditions to help stabilize its price. This is managed through a decentralized network of shareholders who use the NuShares cryptocurrency to vote on decisions regarding supply adjustments and other governance issues.
The primary goal of NuBits is to provide a stable digital currency that can be used for everyday transactions without the volatility typically associated with cryptocurrencies. By offering stability, NuBits aims to facilitate greater adoption of digital currencies for regular commerce and financial services.
NuBits represents an early attempt to solve the common problem of cryptocurrency volatility through an innovative use of blockchain governance and supply management mechanisms, making it an interesting case study in the development of stablecoins.
10 ratings