About Nutbox
Nutbox is the Y Combinator of the Steem community. Nutbox uses Steem Power (SP) faucet mining to increase SP in the Steem community to incubate Dapps in the community, and our motto is to promote the development of DAO start-ups like Y Combinator.
Part A - Nutbox Incubator
The Internet revolution has begun, with the help of VC and PE, the Internet platform has developed rapidly. Without VC and PE support, investment becomes risky. Many of these Dapps started off by spending money on traffic exchanges, making announcements to the public, and after that we would never hear from them again.
Steemit Inc used to be the sole representative of the Dapp development team for the STEEM blockchain. SP holders can use STEEM.DAO to support the operation and development of STEEM-based DAPPS. As a result, there was a short period of DAPPS boom, around 500+ community-developed websites and tools, and more communities have emerged since then. This is a group of volunteers who donate their time, skills and other resources to make STEEM even bigger.
Nutbox hopes to become an incubation fund to invest in and support Dapp on Steem.
Mining Delegation
The convenience of DPOSDelegated Proof Of Stake) with STEEM POWER (SP) allows NUTBOX to become a fund incubator like Y Combinator. This is very similar to the SP rental platform, users who own the SP can choose to delegate to nutbox.mine, and nutbox.mine generates TRC20 PEANUT tokens (known as PNUT) following rules and conditions, and distributes these tokens back to the delegated SP.
The value of PNUT can be thought of as a decrease in revenue, and its price is supported by the nutbox token buyback activity. The rules are as follows:
- STEEM users who are also SP holders, to delegate SP to the nutbox, the delegate gets a PNUT token
The PNUT distribution rules are as follows:
- from 0~1 million blocks, 20 PNUT/block
- above 1M block, 10PNUT/block
PNUT for distribution to users below
- Delegate SP to nutbox.mine
- nutbox.dao
Nutbox.mine, which has received delegates from the public, will use its curated rewards to regularly repurchase PNUT tokens.
Part B - Nutbox Ecosystem
In the past, STEEM did have one of the best times to run it. There were hundreds of DAPPS and tools created during that time. Proof of use ETH DeFi MakerDAO, Compound for lending, Uniswap, Curve, Bancor decentralized exchange type, and YFI for investment, Nexus Mutual as alternative insurance, WBTC, cross-platform bundled ERC20 tokens, all of these have been pioneers of crossover. token application platform.
And now, STEEM presents the new NUTBOX incubator platform, and it is a cross-platform incubator between STEEM and TRON. Our mission and motto, is to leverage nutbox.dao to develop new communities and decentralized platforms. As an early stage, nutbox.dao is targeting to develop a nutbox incubator, to support WhereIN, Steem for wordpress, Asch Witkey, Aksai and other DAPPS, as well as make many and fun of them a giant platform, temporarily known as nutbox .dapp.
Where
Where is the Steem-based lifestyle community. Since its launch on 06 January 2019, WhereIN has achieved the seventh highest score in the world on the DAPP blockchain social media, and is also number 1 on the DAPP blockchain social media in the Chinese market.
Nutbox.dao will help ManaIN to upgrade the system in line with the TRON bridge through our DeFi system. WhereIN will look forward to joining online advertising to collect revenue for the WhereIN community and also to support nutbox.dao.
For More Information:
Website: https://nutbox.io/#/
Whitepaper: https://nutbox.io/economic-en.pdf https://nutbox.io/technical-en.pdf
Telegram: https://t.me/nutbox_defi
Twitter: https://twitter.com/NutboxDao
Discord: https://discord.com/invite/zPkMuGY
Media: https://medium.com/@nutbox.dao
Youtube: https://www.youtube.com/channel/UChMtQt_4E-WgstpMJt-W_EA
Author : Homio
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=2865336
My BSC Wallet Address : 0x3e9D0A5f1eA321a35AAec9629827123860d7Ea09