NAS is the native (utility) token of Nebulas, viable for payment of transaction fees and computing service charge.
Founders: gradually unlocked over the course of 10 years
Staff: gradually unlocked over the course of 3 years
In accordance with the development of Nebulas community ecosystem later.
The specific unlock time will be publicly disclosed at least one month in advance.
Time of Duration: Commenced on March 30, 2018, the date that mainnet was officially launched, until Proof of Devotion (PoD) mechanism is officially launched.
Before Proof of Devotion (PoD), the consensus mechanism originally invented by Nebulas, is officially launched, the Nebulas mainnet is employing Delegated Proof of Stake (DPoS) as a transition consensus mechanism. Nebulas has set up a Nebulas Incentive Special Fund to manage all the income arising from DPoS bookkeeping. Such income will be only used to motivate the developers and contributors of Nebulas community ecosystem and will not be sold on any exchangers. We will publish the announcement to the community before using these funds.
The Team reserves the right to explain and amend any of the foregoing.