New BitShares price

NBS

#2390

NBS technology was created in July 2014 and is the first brainchild of Steem and EOS cofounder and CTO Dan Larimer, along with Ethereum and Cardano cofounder Charles Hoskinson.

NBS is an OSS (open source) solution for DeFi (decentralized finance) business and DEX (decentralized exchange) based on DPOS consensus and implemented with DAO's organizational management structure. The graphene technology used by NBS is one of the most advanced blockchain technologies on the market and was developed by Dan Larimer.

Since launched on September 10, 2020, NBS has been adhering to the concept of “using DeFi to achieve a win-win situation, reconstructing the economic ecology of the public chain, and using free sharing to achieve DeFi inclusive applications”, and has revolutionized the application of smartcoins by introducing the currency-based and coin-based liquidity mining as well as the perpetual margin contract market on the NBS DEX. Cross-chain (NBS-Connect), oracle machine (NBS-Forcast), virtual machine EVM and NFT are added to the original graphene structure. Reconstructing the economic model of the public chain through DeFi allows the NBS ecosystem to form a true closed loop. At the same time, as an efficient blockchain DEX infrastructure, NBS greatly reduces the capital threshold and cost of trading. The NFT function can be applied to fields such as digital collectibles, game projects, digital goods, event tickets, real estate, ID cards, certificates, etc.

NBS is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.

Binance offers the largest number of pairs as of Sept. 2020, while Huobi Global also offers Bitcoin (BTC), and Tether (USDT) options.

New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.