|All Time High:|
|Market Cap: |
|The price of #NCASH today is $0.0000554 USD.|
The lowest NCASH price for this period was $0, the highest was $0.0000554, and the current live price for one NCASH coin is $0.00005542.
The all-time high NCASH coin price was $0.05.
Use our custom price calculator to see the hypothetical price of NCASH with market cap of BTC or other crypto coins.
|The code for Nitro Network crypto currency is #NCASH. |
Nitro Network is 4.6 years old.
|The current market capitalization for Nitro Network is $415,624.|
Nitro Network is ranked #1480 out of all coins, by market cap (and other factors).
|The trading volume is modest during the past 24 hours for #NCASH.|
Today's 24-hour trading volume across all exchanges for Nitro Network is $91,830.
|The circulating supply of NCASH is 7,500,000,000 coins, which is 75% of the maximum coin supply.|
|NCASH has limited pairings with other cryptocurrencies, but has at least 4 pairings and is listed on at least 2 crypto exchanges.|
View #NCASH trading pairs and crypto exchanges that currently support #NCASH purchase.
Nitro Bulletin #15
Welcome to the 15th Nitro Network Bulletin. The Crypto market has seen some memorable events in 2022, some of these events ushered in the bear market. With inflation rate skyrocketing, and the feds looking to bring in regulations, everything seems to be happening all at once. But looking at the positives, bear markets are the best times to build strong projects. Crypto projects with viable utility and use cases will eventually be the stars of the industry. Thus, focusing on business plans and technology has become the priority of crypto projects. At Nitro Network, we understand these times and we are taking advantage of it to build and develop our suite of products that will stand the test of time. Cashback for October for Pre-order batches Remember that in our previous bulletin, cashback incentives were promised and scheduled to be executed in three batches: Batch 1: $45 Batch 2: $36 Batch 3: $23 Participants eligible for 100% cashback incentive will receive their returns within the space of a year, they will also get their second installment with the cashback. Both the installments and the cashback will be dispensed in the first week of October. Nitro Network at the Things Network Conference 2022 Update One of the major highlights of the month is the presence of Nitro Network at the just concluded Things Network Conference 2022, held in Amsterdam, Kromhouthal. The conference was one of the world’s largest LoRaWAN co...
Demystifying IoT and smart homes
Is there an OOPS! moment when you realized that you forgot to turn off the air conditioner and headed to work? It’s difficult to keep tabs on everything around you when you open a bunch of tabs on the laptop. A home that takes care of itself will help you sit back and do other important things in life. In the tech world, we call such homes smart homes. What’s a smart home? A home equipped with sensors connected over the internet of things (IoT) for communicating with one another to automate operations. This might sound savvy. But, it’s as easy as using a smartphone. In this article, we demystify smart homes and help you make your home smart. What is a smart home? You call a person smart when the person shows some intelligence and makes the right decision based on the situation. Let’s apply this theory to the things in your home. The light bulb goes on when it gets dark in the evening and goes off with sunrise. The furnace turns on at 5:30 pm so that the room temperature is best when you reach home by 6 pm. The fire sprinkler sprinkles water and puts off the fire though you are not home. These things are working automatically. They don’t need your physical intervention. You can communicate with them remotely and control them. They are smart. When you have these smart devices and appliances in your home, you call it a smart home. How things communicate in a smart home: Your body has senses that help you see, lis...
The Present And Future Of IoT
The global Internet of Things (IoT) market is growing exponentially. With a compound annual growth rate of 26.4%, the market size will reach $2.5 trillion by 2029 from $0.5 trillion in 2022. What’s fueling this disruption? Is this the right time to invest in the IoT? The growth drivers of IoT In 2017, Cisco reported that only 60 per cent of IoT projects were successful. Hardware costs were higher and human resources were scarce; this was resulting in poor returns on their investment. By 2022, the tables are turned. Fabrication technologies such as miniaturization have brought down hardware manufacturing costs. Affordability and efficiency of hardware reduce the implementation costs of IoT projects. Now you see robotic arms manufacturing self-driving cars. People control home appliances without being home. Doctors are monitoring patients’ health without even visiting them. Another impetus to the IoT’s rise is the invention of 4G communication technology. 4G has enabled faster, stable and secure communication. This technology spurred internet consumption globally. After introducing 4G in 2016, India now has the second largest smartphone user base in the world. As 4G users, we started to experience buffer-free streaming. And we started buying more IoT devices. In Q4 of 2021, consumers globally bought more than 42 million smartwatches. The global smartwatch market is expected to ship 250 million units in 2025. This is jus...
Nitro Bulletin #14
Welcome to the 14th Nitro Network Bulletin. This week in the crypto space, the headlines were dominated with the news of the Ethereum Merge; the transition of the Ethereum network from its current proof of work protocol to proof of stake, an event that will go down as one of the most important events in the history of crypto. This development will see Ethereum network’s energy consumption levels reduced by 99.5%, making it more eco-friendly. This news, of course, triggered volatility in the markets, with speculations surrounding the impact of the merge on the price action of Ethereum. However, in the midst of all this, the Nitro Network team has continued to work hard behind the scenes, with all hands on deck in building our suite of products in alignment with our vision. In this edition of the Nitro Network Bulletin, we will cover details about our September NCash mint, the August burn event, Pangolin Farm and Beefy Finance Vault update, among other developments. That said, let’s delve into the nitty gritty details! September NCash Mint A well established goal of the Nitro Network is the act of rewarding participants for their contributions towards the growth of the network while accelerating the development of its tokenomics and private network. As it stands, 25% of Team token in the value of over 420 million NCash has been minted by Nitro in line with our mint per usage method. This will be used to facilitate produc...
Hello FAM, New NFM
As the clock ticks, the race towards widespread adoption inches closer with each passing day. Despite the occurrences that rocked the industry, paving way for the bear market in full swing, a lot is being built in the background. The Nitro Network team, being a part of this building process, keeps working behind the scenes to combine IOT, DeFi and NFTs through its novel product, the Non-Fungible Miner (NFM), placing our multi-tiered Non-Fungible Miners (NFMs) at the core of our evolution. Even in the heat of harsh market conditions. Thus, we created a unique story to tell with each of our NFMs, history is being made, we are building for long-term utility, and changing the utility gameplay in the NFT industry. That said, let’s delve into some of the exciting updates and details we intend to share about the NFMs. Nitro Network’s Non-Fungible Miners (NFMs) takes the evolution of NFT utility to a whole new level. Combining ownership principles of NFTs and unique artwork, with the reward-generating utility of the DeFi space. Placing the NFMs at the core of its ecosystem, Nitro Network will focus on Network Infrastructure Mining, Network Coverage Validation, Network Data Transfer and Staking Rewards at the moment. From its collections, Nitro Network has recorded the sales of over 1498 ICONIC, over 744 PREMIUM and over 125 TOP NFMs respectively. With the new marketplace set to be updated in September, Nitro plans to sell NFMs i...
September $NCASH Burn and Mint: All You Need To Know
In order for a blockchain network to be stable, it must have a balance between burn and minting. This equilibrium is necessary to prevent inflation or deflation from destabilizing the system. In Burn and Mint equilibrium model, over time, the supply of a currency is reduced as coins are “burned” and are permanently removed from circulation while new coins are “minted” to offset the loss. As the total supply decreases, the value of each coin increases, resulting in a deflationary spiral. You can read our previous article on the BME model for more information. Nitro announced at the end of last year that it will follow a burn and mint equilibrium token model to incentivize its community while creating value for our native token NCash, giving a double benefit to Nitrogen (aka Nitro Community). Over the past few months, the company has worked on implementing a burn and mint schedule. In between, a number of events took place (such as moving to the Avalanche chain, the market downturn, and the NFM and Nesting concept) that forced it to rethink the timing and consider the external conditions for introducing a fully-fledged BME tokenomics. Nitro has provided an update on the NCash minting and distribution process in the last tokenomics article. Catch up on our mint and distribution details in our tokenomoics update article. In this article we will cover the details of this month’s mint and last month’s burn. So, let’s...
NFMs — More Than Just An NFT
NFMs — More Than Just An NFT - Representing a unique synthesis of digital miners and NFTs, Nitro Network’s Non-Fungible Miners (NFMs) quickly developed a reputation for originality and innovation. Since Nitro Network’s inception, NFMs have been at the core of its operations. While boasting artistic designs that delighted collectors, Nitro Network’s multi-tiered NFMs also filled the digital wallets of their holders with the network’s proprietary token, NCash — embodying the company’s “everybody wins” ethos and enriching the participants in Nitro Network’s ecosystem. Despite the challenges of the 2022 bear market, NFMs have risen to the occasion as their technology adapted to current market conditions. With their NCash-generating ability and artistic prowess still withstanding, NFMs have now become the center of Nitro Network’s IoT evolution — providing a utility etched in real-world value which is now more important than ever. What makes NFMs different? From the start, NFMs have been given features unlike those found in other NFT projects. The Nitro Network team designed NFMs to have an intrinsic mining ability. The longer one holds an NFM, the more NCash it generates for the holder. With this model, NFMs support a dual revenue stream: one from the passive income generated through mining and the other through the sale of the assets as they appreciate in value. Most other NFT models only pro...
Nitro Bulletin #13
Welcome to the 13th Nitro Network Bulletin. This week in the crypto world, markets were dominated by large sell-offs across many assets, leading to quite a bearish mood. In spite of this, Nitro Network has remained vigilant and consistent in its technical developments and community efforts — with any luck, its effort will spur some excitement amid this time of market unrest. With that said, let’s get into it! This issue will cover Nitro Network’s product launches for September, its upcoming NCash token burn, various community incentive initiatives and more. — Nitro Network’s plans for the near future - A new era of IoT solutions is coming. Nitro Network is focused on bringing out these new solutions to the world and reaching out to partners seeking assistance in the IoT space. The Nitro Network team has already begun deployment plans of smart grid solutions for regulating and monitoring electricity use on a city-wide scale. Additionally, Nitro Network is preparing to announce several product updates in September, including the Nesting Heatmap and the Nitro Marketplace. Nesting Platform Heatmap: This will provide Nester-related data in real-time, including Nitro ION Miner deployment progress, the number of units deployed, Nester density and more, all in an accessible and easy-to-use dashboard format., Nitro Marketplace: There will be a plethora of new visual and functional updates, including a new user inte...
Discord Town Hall #9 Recap
Nitro Network’s 9th Discord Town Hall was surely one for the books. The Q&A session was jam-packed with questions about Nitro Network’s tokenomics and upcoming projects. The excitement in the server was palpable! As usual, the Town Hall was hosted by Nitro Network community manager David Montero (BirriX on Discord). The special guest for this Town Hall was none other than Nitro Network’s CEO Anoop Vootkuri, along with cryptocurrency YouTuber CryptoDiamond. For those who missed it, check out the summary below to get up to speed. — Q&A featuring Nitro Network’s CEO Anoop Vootkuri (paraphrased) - Q: What can you say to the members who have been experiencing issues when it comes to receiving their rewards? Vootkuri: This is only for a few people, most of whom have already been compensated. We encourage anybody that is facing any issues regarding rewards to open a ticket on Discord. We’ll clarify for anybody what rewards were paid, what rewards have been withheld and how long it will take for them to receive any missing rewards. Q: How much NCash was burned in July and where did that NCash come from? Vootkuri: So we burned nearly 50 million NCash last month. The majority of the NCash revenue was collected from our NFTrade farm. Another portion of the revenue is coming from the IoT solutions we’ve talked about in the past, such as the poultry farms. Q: How much NCash was minted last month? Vootkuri: T...
Optimizing Business Operations With Nitro Network
Here’s a riddle for the Nitro Network community: What does a farm, a cement factory and a residential complex have in common? This might be a tricky one for those not reading the most recent articles, so here is the answer: Nitro Network! Since the inception of Nitro Network, both in its white papers and articles, the team has mentioned how it will leverage the Internet of Things (IoT), LoRaWAN (long-range, wide-area networks) and 5G technologies to create a decentralized private communications network (PCN) with its token, NCash, at its heart. Even in the midst of a bear market, the team has managed to build on this vision. Specifically, the Nitro Network team has successfully assimilated its IoT solutions into three independent businesses! Let’s take a look at each of these “smart” use cases. IoT deployment for a smart poultry farm A poultry farm in Telangana, India was facing many challenges monitoring its farm. Most of the operations were carried out manually, which was leading to costly waste and an inability to maintain desired quality standards. As a result of the inefficiency of manual labor, it was estimated that up to 15% of the farm’s eggs were wasted every month. Additionally, water consumption across the poultry farm was not being monitored properly, sp excess spillages, maintenance fees and constant repairs were eating into the farm’s profits. Nitro Network approached these manual deficiencies of...