Nebulas ($NAS) is a public blockchain, aiming for a continuously improving ecosystem. Based on its blockchain valuation mechanism, Nebulas proposes future-oriented incentive and consensus systems, and the ability to self-evolve without forking. Nebulas focuses on searches among decentralized applications (DApps), smart contracts, and user’s blockchain assets.
Nebulas is an open sourced, community based blockchain dApp platform and search engine, aiming for a democratized and continually improving ecosystem. It features Nebulas Rank (NR), which measures value by considering liquidity and propagation of the address to generate a score for a dApp or smart contract. Nebulas Force (NF), which supports upgrading core protocols and smart contracts preventing community dividing hard-forks.
And Native Incentive (NI), through the Developer Incentive Protocol (DIP), designed to build the blockchain ecosystem in a better way, by rewarding contributors and content creators through Proof of Devotion (PoD) Consensus. NAS was developed as an ERC20 token, but is now a Mainnet NRC20 token that serves as currency on the Nebulas ecosystem. Developers who create the best dApps on the network, are then ranked and rewarded through DIP based off the Nebulas Rank Algorithm.