NuCypher · Report

BKEX Global has listed NU NuCypher) on October 16, 2020.

1. Basic Information

Track: Layer 2 (privacy layer)

NuCypher KMS is a distributed key management system (KMS), which provides encryption and permission control services. It can share private data among any number of participants on the public network, and use proxy re-encryption technology to act decrypt permissions, which is not achieved by traditional symmetric-key algorithm and public-key cryptography.

2. Token Details

Overview

Total supply: 3,890,000,000 NU

Initial circulating supply: 1,000,000,000 NU

Allocation

Allocation of initial circulating supply

Allocation of 3.89 B NU (total supply is circulating)

3. Fundraising

NU tokens sold in round 1 have no lock-in period and NU tokens sold in round 2 have lock-in period of 2 years

Investment institutions:

Polychain Capital, Y Combinator, Bitmain, Bitfury, Arrington XRP Capital, Notation Capital, Galaxy Digital, FBG, etc.

4. Market Analysis

At present, in the initial stage of token release, the market demand for token mainly comes from DApp and node pledge.

After the token circulation, the highest price is about 0.25 USDT, and the overall cost of circulating chips is about 0.1 USDT.

5. Co-founder and CEO

The above contents are for reference only and do not constitute investment suggestions, and BKEX Global shall not be liable for any direct or indirect losses arising from reliance on such information.