{"id":604555,"date":"2024-11-26T04:55:24","date_gmt":"2024-11-26T04:55:24","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=604555"},"modified":"2024-11-26T04:55:24","modified_gmt":"2024-11-26T04:55:24","slug":"next-generation-blockchain-netcoin-raises-over-50k-in-ico-opening-round-what-is-ntc-token","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-generation-blockchain-netcoin-raises-over-50k-in-ico-opening-round-what-is-ntc-token","title":{"rendered":"Next Generation Blockchain ‘Netcoin’ Raises Over $50k In ICO Opening Round – What\u00a0Is\u00a0$NTC\u00a0Token"},"content":{"rendered":"

Netcoin<\/a>, the next-generation blockchain that has taken the market by storm with its inclusive and eco-friendly attributes, has raised over $50K in its ICO opening rounds.<\/p>\n

This rapid fundraising has been viewed as a sign of investor interest in greener blockchain projects that could pave the way for more innovation in crypto technology.<\/p>\n

Powered by NTC, this new technology could be the crucible the blockchain world needs for mass adoption.<\/p>\n

Embracing a Greener Blockchain Solution for an Inclusive Ecosystem<\/h2>\n

Bitcoin, for all its popularity, is still an energy vampire. However, its prominence has given rise to better alternatives, which can shine most when the market is up. With the BTC price hitting beyond the $90k mark, Netcoin<\/a> has emerged as the next generation of blockchain that takes inspiration from the old crypto but changes its fundamentals.<\/p>\n

\"What<\/p>\n

This change has come in the form of the Proof of Stake consensus mechanism, which allows Netcoin to operate while consuming 99% less than what Bitcoin does. Unlike the inflationary attributes of Solana and Ethereum, Netcoin has embraced deflation, capping its supply at 21 million.<\/p>\n

Holders of Netcoin won’t only be simple investors; they will also act as validators without needing any special hardware. Thanks to the robust implementation of smart contract support, Netcoin has opened the floodgates of innovation.<\/p>\n

Launching anything related to the technological aspects of blockchain, from meme coins to NFTs to decentralized applications that offer solutions to real-world problems, is possible through Netcoin.<\/p>\n

Netcoin’s adoption of a combination of deflationary mechanics and Proof of Stake technology is noteworthy for two reasons: fast transactions and low cost.<\/p>\n

Fast transactions will allow the ecosystem to thrive without any roadblocks, making it more conducive for blockchain developers to experiment and create new ecosystems. With the bottleneck of high costs removed, communities thriving on engaging in large transaction volumes will ensure Netcoin grows as it should.<\/p>\n

The combined impact of these factors could attract more investors and transform Netcoin’s economy into a thriving one.<\/p>\n

This zeal for creating an inclusive and sustainable ecosystem through the golden combination of low-cost and fast transactions has led Netcoin to give early buyers a chance to become part of the ecosystem in a significant way. The Netcoin presale offers the NTC token at a massively discounted price of $2.2. Early investors will also get a chance to network with validators while making massive gains from staking.<\/p>\n

Features That Evolve Netcoin from Conventional Blockchain Networks<\/h2>\n

As blockchain investors look for more sustainable solutions, Netcoin can become a suitable choice for them thanks to these features:<\/p>\n

Reducing Power Consumption through Proof of Stake<\/h3>\n

Netcoin’s adoption of a Proof of Stake<\/a> blockchain reduces energy consumption by 99% compared to Bitcoin. This enhancement makes the ecosystem more inclusive and scalable, ensuring that an expanded network doesn\u2019t exert excessive strain on power resources.<\/p>\n

Holders Becoming Validators<\/h3>\n

Netcoin does not discriminate among its holders. Anyone can become a validator, meaningfully contributing to the Netcoin network by verifying transactions and securing the network. The fact that users won\u2019t need any special equipment to become validators is another reason why Netcoin is more inclusive than its competitors.<\/p>\n

Deflationary Supply to Embrace Scarcity<\/h3>\n

Like Bitcoin, Netcoin has capped its supply at 21 million and has also been devised as the ultimate deflationary cryptocurrency project. As demand for Netcoin grows, this characteristic would enable it to make a scarcity play, potentially increasing its value in the long term<\/a>.<\/p>\n

Faster Transactions to Promote Scalability<\/h3>\n

Unencumbered by the qualms of Proof of Work, Netcoin’s Proof of Stake consensus mechanism delivers fast and scalable transactions, allowing individuals and enterprises to interact with this evolved version of the blockchain.<\/p>\n

Developer Friendly Ecosystem<\/h3>\n

Factors such as deflation, scalability, inclusiveness, and low power consumption coalesce to create a developer-friendly ecosystem. Netcoin\u2019s smart contracts enable the creation of innovative, decentralized applications for real-world usage.<\/p>\n

How to Invest in the Netcoin Presale?<\/h3>\n

Those interested in Netcoin’s unique offerings can take the following steps to participate in its presale:<\/p>\n

    \n
  1. Visit the official website: netcoin.co<\/a>.<\/li>\n
  2. Click on the ‘Connect Wallet’ button.<\/li>\n
  3. Select the currency you wish to swap for Netcoin (NTC), and the platform will automatically direct you to a suitable wallet.<\/li>\n
  4. Connect your wallet and enter the amount of ETH, BNB, or USDT you want to swap for NTC.<\/li>\n
  5. Confirm the transaction and claim your tokens after the presale concludes.<\/li>\n<\/ol>\n

    Final Words<\/h2>\n

    The combination of inclusivity and sustainability, thanks to its Proof of Stake mechanism, makes Netcoin a platform suitable for eco-friendly crypto investors. Its scalable nature can pave the way for more innovation, while fast transactions and low fees can enhance adoption. Additionally, the simpler approach to creating validators could potentially cause NTC to surge the moment Netcoin goes live on a cryptocurrency exchange.<\/p>\n

    With over $50K raised so far, the time to invest in this presale is running out. Interested parties should act now and visit the official website<\/a> to get started. Following its socials\u2014Twitter<\/a> and Telegram<\/a>\u2014is also recommended, as updates will be arriving there soon.<\/p>\n

    Related<\/h3>\n