Neluns - New Financial Ecosystems

Neluns, also known as NLS, a new financial ecosystem that uses innovative technology to work with crypto and fiat, will launch ICO in the final days of July 2018. The Nelun team will create favorable conditions for the growth of the crypto currency market. Neluns are divided into 3 elements: Banks, Insurance companies and Cryptocurrency Exchange. Each interactive element for both fiat and crypto currencies. NLS provides better conditions and reduces risk for users.

Neluns offers its customers various benefits. All elements of the system are created for maximum comfort using crypto and fiat currencies in everyday life. The Neluns ecosystem consists of three main elements, which are explained below:

Neluns Bank complies with all financial regulations governing banking activities, providing users with all banking services in Fiat as well as in crypto currencies.

Exchange Neluns are regulated by a license from the Securities and Exchange Commission of the United States, an innovative exchange process that is fast and safe for crypto currency transactions.

Neluns Insurance Company, which received the US Commodity Futures Trading Commission license, guarantees that all transactions and transactions carried out in the system will be protected.

Active development of online banking

As we already know, Neluns has a broad target audience, whose problems must be solved by the project. However, to achieve success, it is necessary to consider external factors. Today, online banking is actively developing in most countries, many of them even opening incubators, to support fintech projects. All of this creates favorable conditions for the launch of Neluns.

Challenges in working with cryptocurrency exchanges

Many market participants regularly take part in trading assets. The majority are traders and cryptocurrency funds. When working with cryptocurrency exchanges, they experience serious problems.

First of all, far from all cryptocurrency exchanges, even the largest, are able to handle peak loads. The failure of exchange operations is regularity, some exchanges limit the registration of new users.

Second, many cryptocurrency exchange users experience problems when withdrawing funds from exchanges. This can be due to withdrawal limits. While at the same time, many users are prohibited from passing KYC procedures (which may be due to deliberate blocking by exchange personnel), which can increase the limit.

Finally, cryptocurrency exchanges often succumb to cyber attacks. Crypto media platforms often report funds stolen from certain exchanges. For example, in January 2018, hackers withdrew $ 500 million in NEM from the Coincheck exchange.

In addition, many exchanges experience liquidity problems, as a result, user orders cannot be closed at the appropriate time and price.

User support services from most cryptocurrency exchange functions at a lower level. As a result, users must wait for their problems to be resolved for a long time, which can cause financial losses.

Bank card issuance

After receiving the bank license and connecting to SWIFT, we will connect the Bank Neluns to various payment systems (Visa, MasterCard, American Express, and others).

As a issuing bank, Neluns will perform the following functions:

• Issuance of bank cards to clients.

• Payment authorization at the request of retail outlets.

• Merchant account payments by removing the appropriate amount from the client account.

• Issue cash in partnership with Visa, MasterCard, American Express ATMs worldwide.

• Security (account blocking in the case of lost cards, etc.)

The card holder issued by Bank Neluns, will be able to pay for the purchase. At the same time, payments in fiat and cryptocurrency are allowed. In the case of payments made in cryptocurrency, they will be converted to fiat based on the current Exchange Exchange rate.

To make things easier, cards issued by Neluns Bank use a system of contactless payments (Contactless MasterCard, Paywave Visa, Apple Pay, Samsung Pay, Google Pay), modern, innovative technology that is consistent with EMV (Europay + Mastercard + Visa) in accordance with ISO / IEC 14443 standard.

In addition, Neluns Bank users will be able to store fiat at any ATM, anywhere in the world, to their bank account.

In the future, we plan to develop our own POS terminal. They will be installed at the bank's client sales outlets. Thus, Neluns will combine the functions of publishers and acquirers in the future.

We have developed software products with 4 types of bank cards:

Lite - a bank card is released for first-level verified users (email addresses). Users can participate in trading on Exchange Neluns (with 1: 5 margin trading). The number of trades cannot exceed $ 300.

Silver - bank card released for second level verified users (verification via social networks and cellphone numbers). Users can participate in trading on Exchange Neluns (with 1:10 margin trading) and P2P loan platforms. The number of trades cannot exceed $ 500.

Gold - bank cards are released for third-level verified users (verification through verification of identity and cellphone number). Users get access to all Bank Neluns services, Exchange Nuns (with 1:20 trading margin), Insurance Nuns. Restrictions on the number of trades do not exist.

Platinum - a bank card is released for third-level verified users (verification through verification of identity and cellphone number), which has deposited no less than $ 5000 in Bank Neluns. Users get access to all Bank Neluns services, Exchange Nuns (with 1:20 trading margin), Insurance Nuns.Restrictions on the number of trades do not exist.

Savings

Neluns bank offers client deposit services. Depositing funds to an escrow account will be available from any part of the world. To make it work, you need to deposit the amount of funds needed with the help of an ATM or make an appropriate transfer. Funds can be saved in any currency. Deposit deposits will be available in fiat and cryptocurrency.

Deposits will add interest.

Instant conversation operations from one currency to another will be available in the user account.Clients will be able to exchange fiat for crypto, and vice versa, and exchange various types of fiat currencies (for example, EUR-USD, BTC-ETH).

Loan

Neluns users Private and corporate banks will have access to a broad spectrum of loan products.Issuance of loans will be available in fiat and cryptocurrency. The loan will be carried out by crediting the funds to a multi-currency account.

Among Neluns loan products, there will be various non-target and targeted loans, which are oriented towards various categories of clients. Currency traders and Cryptocurrency funds will have access to specialized broker loans and margin trading.

Corporate clients will also have access to credit lines (renewable and non-renewable), as well as overdraft loans to cover cash gaps.

All loan products will be given to customers in a short time and with favorable terms. Neluns will use its own algorithm, based on leading technologies, such as Big Data and AI to select applications and verify borrower trust.

Peer-to-peer (P2P) Loan Platform

On the basis of Bank Neluns, there will also be a platform for P2P loans in fiat and cryptocurrency.Authorized users will be able to receive and provide loans to other users.

The system will automatically provide demand ratings for P2P loans based on its own algorithm. The fraud application, which does not pass the selection system will be rejected.

The P2P loan platform will help users quickly deposit and withdraw interest in a short period of time.Users will be able to insure P2P non-return loan risk through Neluns Insurance directly in the mobile application. Users will be able to receive loans in cryptocurrency or fiat from Bank Neluns directly to their bank cards via the mobile application in minutes. Users can directly make deposits in any crypto currency via the mobile application.

Escrow protection

Many fraud projects are currently on the ICO market. To protect investors, Neluns Bank offers escrow services.

Funds drawn through the ICO will automatically be transferred to an account at our bank. They will be distributed to project makers because the project moves along the road map. After the completion of each stage of development, the bank specialist will carry out checks to ensure that the project maker fulfills its obligations.

In the case of deviations from the road map due to unexpected situations, the solution to this problem will be sought by consensus. If identified that funds are misused, the remainder will be returned to investors. The payment volume for each investor will be determined in proportion to their contribution.

Token Information

Tokens made by Neluns follow the ERC20 standard used for security. They will provide holders with around 50% of the dividend and that will depend on the Neluns ecosystem which includes Bank Neluns, Neluns Exchange, Insurance Nuns. All dividends will be achieved in the quarter to the holder according to the number of tokens the user has compared to the total.

Token: NLS

Platform: Ethereum

Type: ERC20

Country: US

Receive: ETH

Prices at ICO: 1 NLS = 1 USD

Soft Cap: 10,000,000 USD

Hard Cap: 112,000,000 USD