The Nimbus Token Platform allows businesses to fund their projects via pre-sales so they can greatly expand their operations, hire new workers and develop new products. Unlike other cryptocurrency platforms, we have found a way to use blockchain technology for any product or service. For the first time blockchain technology can be used to raise money for small business projects and for crypto entrepreneurs, to grow their altcoin collection.
To give the NIM token long term viability, the buyer of product tokens have an immense amount of flexibility. If they don’t like the product token they bought, maybe the store is not performing well, or they are not excited about the product offered, they can barter for another product token from another store, or they can hold onto the token until the token market changes, or they can get a pro rata refund for the token, based the sales the store has logged. Combining this flexibility, with smart contracts, will make the NIM token a more useful cryptocurrency.
This new, radically disruptive idea opens up vast sectors of the economy to tokenization and blockchain technology. It democratizes business in ways that hasn’t been accomplished yet for goods and services.
In this model we use a different type of token that we call product tokens. The most different aspect about product tokens is that their value is derived from the sales a specific store generates. Whereas Bitcoin is a store of value based on scarcity, NIM tokens are a store of value based on actual commerce between a store and a customer. Our working theory is, the more commerce that is transacted, the more value the NIM tokens will have. Not only do we believe this will increase the value of NIM over time, but we believe it will enrich the broader Ethereum ecosystem as well, especially in third worlds countries where the fiat currency is useless.
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