Tag: nugenesis

A Comprehensive Review of the NuGenesis Network (Part 1 of 6)

The new player on the block, a blockchain that is taking the world of technology by storm. Many people have heard of Polkadot, Cardano, Ripple, Ethereum, Solana and Matic. However, few are yet to learn about one of the oldest established blockchains and systems that has proven to be the leader of innovation. A network of Blockchains that form a unique and powerful system of cross chaining. When first hearing …
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Hollywood MPSC Platform Awarded First Nugenesis Nuchain Slot

NuGenesis Signs major contract to deliver on much discussed, Hollywood MPSC Platform (Multimedia and Product Service Coin). Want to own an NFT that not only gives you royalties but also gives you bragging rights, giving you the opportunity to own a piece of your favorite movie scene with rights and conditions attached? Taking smart contracts to a completely new level, while simplifying the NFT procurement and ownership process? Thanks to …
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Nugenesis Ecosystems – Upholding the Principles of Monotheism Financial Practices, Paving the Way for Future Application of Islamic and Non-usury Banking

Islamic scholars have long had major issues with whether cryptocurrency is permissible, and is it equal or more appropriate to Islamic finance than Fiat? All Monotheism religions have strict rules around finance, and it historically defines currency as commodities with intrinsic value — gold, silver, metals, tradable products, etc. Some may argue that government-issued fiat currencies do not have any intrinsic value and may be incompatible with a careful interpretation …
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Nugenesis Smart Chain, Now on Mainnet

In economics jargon, a fungible token is an asset that can be exchanged on a one-for-one basis. Think of dollars or bitcoins — each one has the exact same value and can be traded freely. By contrast, a non-fungible object like an old house or a classic car, has its own distinct value. Cross this notion with cryptocurrency technology known as the blockchain and you get NFTs. These are effectively …
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