Nucleus Vision (Ncash) And Its Real-World Potential
When we talk of cryptocurrency, we often have in mind cryptos like Bitcoin, Litecoin, Ethereum and a few others in the top ten on market charts.
While that is all good for our trading interests and all, something always escapes our mind: there might be a coin not in the top ten, or top 100, but that coin may be better project-wise than some that rank higher in terms of market value. And that’s what the Nucleus Vision [Ncash] represents.
Cryptocurrency ranking site XBT.net ranks NCash at 1241 and shows that it has no market cap. However, this fairly young crypto product has a real-world appeal that places it above some of the established coins that are yet to have a working product.
Nucleus Vision started trading at the end of February after its successful ICO that raised $40 million. To illustrate how serious this project is, Binance exchange-listed it a few days ago.
And volumes indicate its popularity is growing. The project is also backed up major industry players like Tim Draper, Reliance Capital, and QuadGen.
So, what’s Nucleus Vision’s real appeal?
The long of it would be that it seeks to transform and revolutionize the retail industry by bridging online retail and offline brick-and-mortar shops.
The short of it is that with nCash, retailers and consumers with access to nCash can easily exchange data leading to a seamless shopping experience.
The technology behind the Nucleus Vision token is aimed at making retailers serve consumers better, while consumers will be able to access better goods and services at the nearest brick-and-mortar outlet.
But how exactly is nCash going to disrupt this sector of the economy? The answer lies in the Nucleus Vision ecosystem. The blockchain-based platform will connect retailers and consumers in a program that leverages information transfer to accurately enable sellers to know what the consumers want. At the center of this model is the ION sensor.
It is a system that is technology-agnostic and does not depend on any app to allow users access to consumer information. Neither does it require the retailer to have access to Bluetooth, RFID or WiFi. In short, you can easily access a consumer’s information offline.
The ION sensor allows the retailer to get the exact data they are after from a customer, either by asking or buying it from other retailers on the network. And to facilitate that, users exchange nCash tokens as an incentive.
The Nucleus Vision [nCash] product is not some theoretical ideology that a developer hopes blockchain will help streamline. No, it’s a real-world product that is already working as you can see in the above live feed data.
There are 10 Retail stores that are currently live on the network, serving real people in a real way. The ION network is able to show you the unique identifications that represent consumer data. And retailers are utilizing this information to improve on their retail services, be it better stock updates or specific consumer service.
It works. For real. A video shot in February shows two guys in Mumbai illustrating the way the Nucleus Vision token works.
The video shows the two using Nucleus vision to access services at Gini and Jony stores. That February usability proof makes nCash the token to watch in 2018. Why is that so? It is simple to see why; the possibility of mass adoption is there and if it does, then nCash can easily be a top ten coin.
It won’t be ranked 1239 for long though, as the Nucleus team is currently seeking ways to roll it out to more stores around the world. It doesn’t surprise, therefore, to see large trading volumes of the nCash token.
Today Nucleus Vision [Ncash] traded at $0.0299 down -22.5% against the US dollar. Its 24h trading volume is $56,280,000. The coin’s trajectory suggests that the coin will gain after an initial dip in the next few days.
That may be all good, but it’s in the long term that nCash holds real appeal. If you are looking to add to your portfolio but missed the big airdrop, here is your chance to buy into a really cool crypto. However, do your due diligence and find out more.
This is not investment advice. Cryptocurrencies are highly volatile assets and are very risky investments. Do your own research and/or consult an investment professional before investing. Never invest more than you can afford to lose. Never borrow money to invest in cryptocurrencies.