Over the past 7 years, NULS has gone through stages of continuous development and improvement to survive and stand firm against the harsh fluctuations of the cryptocurrency market. Now, with a revolutionary new strategy that will bring NULS to a higher position in the Crypto world, the "Rebranding" plan of NULS has been proposed and implemented.
The rebranding of NULS is not only a change in image but also an important step in the project's development strategy, aiming to position NULS as a leader in the blockchain and AI field. This is a bold move, but with support from the community and a solid technological foundation, NULS AI can open up many new opportunities for future development.
Next, let's follow the magical evolution of NULS through our series of articles!
Part 1: Historical context
In recent years, the artificial intelligence (AI) industry has witnessed exponential growth with a valuation exceeding $10 trillion. This increase is reflected in global search trends. Besides, technology giants such as Google, Microsoft, NVIDIA, Apple are also pouring huge capital into this AI industry with a value of up to trillions of dollars. That is proving that the attraction of the AI industry is extremely large.
And this AI trend is not only developing in the Offchain world but also in the Onchain (Blockchain) world, AI is a trending keyword and it is also being targeted by Blockchain developers when the increase in both price and ranking of AI tokens in the cryptocurrency rankings is happening very excitingly and explosively.
Recognizing the trend as well as aiming to bring the best for the sustainable development of a Blockchain project and the community, the NULS developer team has come up with a new strategy to reshape the entire NULS ecosystem, marking an important milestone in the development history of NULS. That is "Rebranding" from NULS to NULS AI.
Part 2: Evolution
Change token
In this rebranding strategy, the NULS network will introduce new asset units, namely NULS AI (NAI) and NA. Accordingly, NAI will act as the asset unit to define the currency with the conversion mechanism compared to NULS as follows: 1NULS=10000 NAI=100000000 NA.
This conversion process will help users and developers manage assets and make transactions more efficiently. Similar to other blockchain networks, the adoption of smaller units will improve the accuracy and convenience of transactions. Furthermore, this change is in line with the future expansion and diversification of the NULS AI network, providing more flexibility in assets and supporting the development of decentralized applications.
Additionally, the change from NULS to NAI is a significant repositioning that amplifies the impact of the NULS ecosystem. By transitioning from a traditional blockchain infrastructure to a Layer 1 AI Blockchain ecosystem, this initiative paves the way for greater scalability, faster adoption, and long-term sustainable growth. This move also capitalizes on the trillion-dollar AI market. NULS is strategically positioned to capitalize on this momentum and propel the NULS ecosystem forward.
The proposed ticker change from NULS to NULS AI strengthens its competitiveness with other blockchain ecosystems and establishes a new era as the foundation token for this innovative infrastructure. This swap is expected to be supported by all major exchanges. Refreshing volumes and introducing a new concept to millions of newcomers to crypto since NULS first launched.
(to be continued...)