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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.

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