Nebulas (NAS) Opens Its NOVA Developer Incentive Protocol to Attract Blockchain dApp Makers

The Nebulas is one of the blockchain powered platforms that has been able to leverage on the incentive system thanks to the Developer Incentive-Protocol (DIP) and the proof-of-devotion algorithm to have a much faster consensus; it has just gone ahead to announce their new launch. It is the launch of the NOVA Testnet Developer-Incentive-Program, one that will be able to attract several dApps developers.

According to the company, as they are pioneering in the on chain incentives for the different developers in the market, they are very excited about their new release which is the NOVA Testing Developer-Incentive-Program. For the next three months, the company has set it upon themselves to be rewarding the Testnet Devs smart contracts with the Mainnet $NAS.

As per the announcement that the company has made, Nebulas has actually become the initial public blockchain company that has been designed with an incentive-protocol that is on-chain being offered.

While on the company platform, the more popular and also active that a particular application is on the platform, then you will have a chance to attract more NAS, and this will automatically go to the developer behind the application.

With the new program, as a developer, you have the opportunity to run and also test your dApps and be ready for the NOVA mainnet DIP launch that is soon taking place.

Expected Rewards To Be Offered

In the next three months, the developers who are able to deploy their smart contracts on to the Nebulas NOVA testnet and be able to have some test users, or be able to conduct different types of transaction tests will be able to receive the on-chain native reward. This will be done through the Developer Incentive-Protocol (DIP), according to the team in the company.

With the announcement, it states that the starting block height will be at around 1,562,800, and from this, the company is planning on giving out about 2,500 mainnet NAS coins, which will be easily received from the converted testnet token rewards.

At the moment the NAS token is up 2% at about $0.563333, and from this, it has been able to give the project a $25.6 million in market capitalization; thus, this has made it be the 92nd largest when looking at the AltDex 100 Index, which is a benchmark index that was created for the large-cap tokens and crypto coins.

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