Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: zasad@ on August 31, 2020, 10:42:48 AM



Title: Should you invest in nucypher?
Post by: zasad@ on August 31, 2020, 10:42:48 AM
https://www.nucypher.com/

https://coinlist.co/nucypher-worklock

"The CoinList WorkLock
Users can participate in the WorkLock via CoinList. This enables a simple way for users to easily participate with assistance running and maintaining nodes. CoinList WorkLock participants will stake their ETH and NU for 6 months (starting from network launch). Staking rewards earned during the WorkLock will also be automatically re-staked then released at the end of the 6 months (from network launch). NU that the CoinList WorkLock node earns will be split proportionally based on each participant's staked amount. Benefits include:

- Users are assisted running nodes
- Users can seamlessly stake ETH and receive NU
- There is no minimum ETH stake or maximum ETH stake"

Coinbase continues to explore support for new digital assets
https://blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-2c5b84813fcf

You do not need to buy tokens, but just lock your Ethereum for 6 months.

An interesting project, do you plan to participate?


Title: Re: Should you invest in nucypher?
Post by: Crypto_lion on August 31, 2020, 12:02:33 PM
I started looking at Nucypher during the bull run of 2017 and it sounded like an interesting project but they never did a Ico and frankly I think they missed the opportunity. I hope they utilize this bull market.


Title: Re: Should you invest in nucypher?
Post by: wack slacker on August 31, 2020, 12:53:46 PM
I appreciate that NUCYPHER is holding an ICO on COINLIST. Most of them are quality works with clear origins. The Nucypher is a good project I've been observing for a long time. I will invest my money in the project but it looks like locking ETH and getting back shares will make my ability to recover my capital longer but as long as the project works and marketing well.