Nebulas

Nebulas(NAS)

Nebulas Blockchain aims to build a self-evolving blockchain system (no need for hard forks) based on value incentive. Currently, it is capable of supporting all functions offered by Ethereum. This blockchain introduces Nebulas Rank mechanism to measure the value of blockchains, which will make search engine a viable part of the blockchain.
  • Market Cap
    $286.713.245
  • Price
    $6.30139
  • Category
    Artificial Intelligence
  • Origin
    United States
  • Team Size
    10-15
  • Initial Release
    08/12/2017
  • 10-8 High Potential
  • 8-7 Potential
  • 7-6 Considerable
  • 6-5 Risky
  • 5-0 Scam
Satoshi Rating
  • Product Ratings
    7.5
  • Team Ratings
    7.7
  • Execution Ratings
    7.0
Product
  • The need for the product ⓘ

    8
  • Total addressable market size ⓘ

    9
  • Product/market fit ⓘ

    8
  • How is the product compared to existing solutions? ⓘ

    7
  • How difficult is to make the product? ⓘ

    8
  • Could this product scale? ⓘ

    8
About Product
Nebulas is aiming for a continuously improving ecosystem. The game theory that they put in place incentivizes developers to create valuable apps and smart contracts, which will help to build a positive feedback loop. This product designed future needs of blockchain in mind. While the search engine may not seem necessary at this stage, it can provide valuable data not only for users but also for machine learning algorithms to improve the ecosystem.
Team
  • Team's previous experience ⓘ

    9
  • Does the team have a clear vision? ⓘ

    9
  • Is technical team sufficient for building the product? ⓘ

    8
  • Is the team active? ⓘ

    9
  • Is the team size big enough? ⓘ

    6
  • How is the team growth? ⓘ

    7
About Team
Founders are young entrepreneurs with good history on blockchain tech. Some of the team members are from Alibaba and Dolphin browser. The team is small but strong.
Execution
  • Could this team get the product into a market? ⓘ

    8
  • Could they do it in time? ⓘ

    8
  • Did they meet previous deadlines? ⓘ

    9
  • Is the marketing strategy sufficient? ⓘ

    6
  • Team’s previous achievements ⓘ

    8
  • Strategic partnerships ⓘ

    7
  • Current market size ⓘ

    6
About Execution
Founders have a strong network in the blockchain ecosystem. Dolphin browser and loopring might provide in-depth partnerships. Developer Incentive Protocol needs more marketing after the mainnet launch. The codebase is active, the team is responsive.
Editor's note

We believe that data processing could help the community to avoid scams and manipulated coins. Nebulas Rank might be able to detect anomalies in interactivity between users, propagation of assets and changes in liquidity. Combined with upgradable smart contracts, developer incentives, easy to write programming language, DNS and lightning network Nebulas offers good tools. One of the concerns we have is around centralization. it looks like POD favors top developers and early adopters. If they become the bookkeepers voting might be a bit centralized. Central control on nebulas protocol by core developers might be necessary for early stages, we will see how it evolves later.

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Initial Rating: April 22, 2018

Last modified: June 4, 2018