Business Development

Q — Telegram user Rsty: How many users and business partners do you have right now? What is your total turnover presently and what promotions and marketing are you doing now for adoption?

A — Berzeck from NULS: Just counting Chain Factory and SCO, I think we have more than 10 partners already building solutions using our products, and a lot more interested.

We just hired Multiplied, which is the marketing company that Binance uses, so we are ready to let our products be known in the crypto-verse after 2 years of heavy development.

We have the slogan: “Work first, Pump later!” which is something that builds trust with our investors and community.

Q — Telegram user FOREST™: What measures were taken by NULS to detect and protect itself from vulnerabilities and exploits?

A — Berzeck from NULS: We’ve just gone through a very careful internal audit and we expect to have third party audits later this year when the core code is stabilized (no more new features for some time).

Q — Telegram user FOREST™: To SURVIVE in tough crypto market conditions is difficult, and we see that many projects are far from the targets. What is NULS’ strategy to survive in this long blockchain marathon?

A — Berzeck from NULS: We have a fiat line so we are not worried about winter right now. In the future, the idea is that everybody will be paid with rewards of nodes themselves.

Q — Telegram user Ellkay: How do you see NULS 2.0 competing with ETH 2.0? Also, why is the ERC-20 NULS token still in circulation, even though your mainnet is live? What’s your plan for the token swap?

A — Berzeck from NULS: Many coins have wonderful ideas but if you do not evolve and adapt fast you will get difficult times ahead in the long term, we are prepared to do that faster than anyone.

About ERC-20 tokens, that’s something we cannot control. Users have the right to still hold those tokens, the swap ends March 21st.

Q — Telegram user KNGDMzamanı: What are some of the major achievements that the NULS project has achieved and what milestones are planned in the next 6 months, 1 year and 5 years?

A — Berzeck from NULS: We have a very competitive portfolio of products so now we are confident to hire a marketing company helping us to spread the word. We will focus this year on getting a lot more partners because that is something BTC has done right. They have managed to build an impressive ecosystem around it, so we will do the same at whatever cost needed.

Q — Telegram user Gabriel Angel: How does NULS attract new companies?

A — Berzeck from NULS: Well, many companies are starting to contact us thanks to our Chain Factory solution and we expect many more to come. Once we make this known with a marketing company, it seems we will not need to knock on doors one by one! 😬

Q — Telegram user Gue Siapa: You organized a lot of AMAs and received lots of questions about the technology and benefits that NULS brings. What do you want to receive from the community? What will NULS do to build a thriving community that truly cares and supports the project for the long term, not just for a temporary profit?

A — Berzeck from NULS: We want to attract investors, not traders. In this regard, we invest a lot of time to explain and guide new community members on their crypto journey. We even welcome people that do not hold any NULS. Just taking a look at what we are doing is enough for us. We don’t need short term gains. We are prepared to work for years in crypto winter if needed.

Q — Telegram user S.A.M. Crypto Trader: Can you explain which types of services are provided by NULS projects to businesses & Developers which are building on Nuls projects? Also, what are your plans for the expansion of the project?

A — Berzeck from NULS:

· Nulstar: Microservices infrastructure to create distributed systems.

· Chain Factory — Build your blockchain with a few clicks!

· Chainbox: More powerful but more difficult to use. For power users

· USDI: Stable coin protected by smart contracts

· SCO and POCM: New funding a distribution mechanism

· Governance: Voting mechanism

· Tools: Wallets, explorer, etc

· Next on the pipeline:

· Nerve Network: Cross-chain solution like COSMOS

· DEX: Decentralized Exchange

This is the list of products we have. Beyond this, we offer direct technical support to our partners so they can build their products successfully.

The plan now is focusing on spreading the word and polishing our products. For that we hired Multiplied, which is a recognized marketing company that will help with this. We start this month so surely you will hear more from us.

Q — Telegram user Jerry Anggara | Alisha Kanya Ahalya •√: How will NULS empower investors, companies, developers, and platform users to deliver impactful solutions and bring value to people all over the world?

A — Berzeck from NULS:

Companies: We have very good and attractive products for them.

Developers: We are slowly migrating from fiat line to rewards from the network itself (staking community funds) so when the price rises developers will have very nice ‘paychecks’ for their efforts!

Investors: I believe that earning money should be a CONSEQUENCE, not a CAUSE by itself. Like good capitalism, it should be a consequence of working hard and taking the time to make great products before pumping them. We believe in good capitalism so I think we provide the best value to our investors because when we announce something, then its release is imminent. In the end, even if the short term does not pay, long term investors will trust us and we will attract more investors instead of traders, which is the objective.

Q — Telegram user Mayowa: Your road map has ICE, WATER AND STEAM. What else is in store for you? Is that the end of the road?

A — Berzeck from NULS: Of course not! After we get a good amount of partners, we will be able to visualize better our next steps thanks to the feedback they provide to us, it is better not to try to go too far in the future especially in crypto as things change very fast.

Q — Telegram user Gabriel Angel: What is NULS’ business model? Who are your potential customers and which markets are you targeting?

A — Berzeck from NULS: Chain Factory has a basic free version and advanced modules and tools have costs like cross-chain module, web wallet and explorer.

Our potential customers are the huge number of companies that are curious about how blockchain can increase income and reduce cost so the key is reaching to them, something that our marketing strategy will help.

Q — Telegram user Animal — Newbie: What’s the global strategy for NULS? Turkey are the most active traders of the token and have a massive online gaming industry, do you have plans to grow your presence in ASIA? Or is the USA the priority over others?

A — Berzeck from NULS: There is a team in China that oversees the Asian operation. We also have a team in the USA which oversees western operations, but many members live in different countries (I am located in a country in South America). For this, we have an Ambassador program. To learn more about the ambassador program, it’s here.

Q — Telegram user Errol: Complete at least 20 industry solutions and build a new ecosystem based on NULS — this is your plan for the beginning of 2020. Tell us exactly which industries you have implemented your blockchain in, and in which countries and companies?

A — Berzeck from NULS: We have more than 10+ partners. It is difficult to count because China has a team. We have for example, Veritag which tracks products. We have Token Network for e-commerce. We also have OWD for gaming in China, and so on. We managed to get partners from different kinds of industries so we will have a lot of experience implementing blockchain solutions in different areas. One of our MOST important partners is Aleph.im Network, who are creating a second layer solution around NULS.

Q — Telegram user Mayowa: Since your mainnet, what improvements have you had? Does the mainnet bring any sort of benefits?

A — Berzeck from NULS: We had the most stable v1 mainnet with zero critical errors, just some annoying bugs. We want to maintain our core blockchain clean, fast and secure so it is easy to maintain. Functionality is being added in layers, like Aleph.im for example.

Q — Telegram user JackTrader: Developers and communities are important for the success of a project. How do you go about this?

A — Berzeck from NULS: 30–35% of the members already being paid by network and the trend will continue until we reach 100% in the upcoming years, the higher the price, the better paycheck for you! With respect to the community we have help from Multiplied, a marketing company, and we also invest a lot of time to guide them and answer all questions (something you may have noticed in this AMA 😬😬😬)