Nuclus [NLM]

ENDED: November 05, 2019

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Description

The global economy is growing but few are benefiting – until now, sellers have had to hold expensive merchant bank accounts and pay high fees making online business expensive and only profitable with high volume sales. The combination of mobile ubiquity and blockchain is unlocking opportunity for prosperity like never before. The ...Read More


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Sectors

E-commerce

Executive Summary

In developing economies, most vendors are unbanked and are unable to fully participate in eCommerce
• Commercialbank branches (per 100,000 adults) range from between 2 and 24 throughout the African the continent as opposed to 34 across the United States1 
• Micro, small and mediumentrepreneurs (MSMEs) are also part of the financial underserved 
• To participate inonline business-to-business marketplaces, sellers must have physical stores effectivelydiscarding non-branded lower quality products and services
• Sellers must hold expensivemerchant bank accounts and pay high fees making online business expensive and onlyprofitable with high volume sales
• Cash flow problem remains to be the primary cause ofsmall business failure
• There is currently no Sub-Saharan African Digital eCommercePlatform to enhance trade and realize commercial targets of development programs suchas BRICS 
• In 2015, the BRICS nations, initiated consultations to establish a stablecurrency and for a payment system that would be an alternative to the SWIFT system
•Household income is a major constraint to economic growth and inclusive prosperity

Documents


Whitelist and KYC


The Team

Mr Marius van der Leek

Owner

FOUNDER CEO
Mr Daryl Naidoo

Blockchain Advisor

ADVISOR
Mr Chris Ackermann

CFO

Dr Anthon Botha

Futurist and advisor

ADVISOR

Timeline

Venture Established

1st December 2018

The project or venture was started

Happened: 6 Years ago

Pre-Sale Starts

5th July 2019

The ICO/Token/Coin pre sale opens

Happened: 5 Years, 4 Months, 27 Days ago

Pre Sale Ends

1st September 2019

The ICO/Token/Coin pre sale closes

Happened: 5 Years, 3 Months ago

Sale Starts

5th September 2019

The ICO/Token/Coin sale opens

Happened: 5 Years, 2 Months, 26 Days ago

Sale Ends

5th November 2019

The ICO/Token/Coin sale closes

Happened: 5 Years, 26 Days ago

TODAY

1st December 2024

Current Status: Behind Schedule
Slower progress due to crypto winter and slow adoption of crypto payments

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Financial Information


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