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What is an ncash wallet?
Nucleus Vision, known as nCash, is an IoT & Blockchain-based contactless identification system, working on the Proof of Stake approach. The platform is built with smart contracts on the Ethereum blockchain to create a peer-to-peer, decentralized, and secure economy of offline user data, making shopping easier by using customer’s records to make precise decisions on product preferences with proprietary IoT Sensors.
NCASH is a non-minable ERC-20 token that serves as the native currency on the Nucleus Vision’s blockchain. Ncash is used as an incentive to users for various activities while shopping such as sharing their own data. Users can redeem their nCash across a suite of outlets including exchanging for dollars on a crypto exchange.
Consenting retailers will also use nCash to transfer data across the network.
Unless you’re looking for a place to trade, storing your funds in a web-based exchange is not recommended. Web exchanges come with the risk of hacking and fraud, so moving your tokens into a secure, private wallet can provide extra peace of mind.
nCash is an ERC20 token on the Ethereum blockchain, so it can be stored in any Ethereum wallet that supports these types of tokens. HB Wallet is one of the best Ethereum wallets where you can securely manage and monitor your nCash flow since the application is decentralized with many layers of security.
What to consider while choosing an Ncash wallet?
nCash is an ERC20 token on the Ethereum blockchain, so any Ethereum wallet that supports managing Ether (ETH), as well as any ERC20 token, also supports ncash.
It’s important to choose an nCash wallet where you own and control your keys. This ensures that you are the one who has access to your funds.
Privacy and security features
Choose an nCash wallet that provides you with backup keys and pin codes.
Look out for independent online reviews of any nCash wallet you’re considering to use.
Which Ncash wallet to download?
HB Wallet is an all in one Ethereum wallet that supports nCash token. You can find more than 20,000 tokens that exist on the Ethereum blockchain via the application.
HB Wallet is non-custodial, which means you are the only one who holds the keys to your funds. This nCash wallet also comes with a desktop version to let users manage and trade their assets in a more secure way than any web-based exchanges.
HB Wallet was launched in 2017 and has more than 270,000 downloads. The team is very active on Telegram and other social media platforms.
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Ncash price prediction
Disclaimer: The following opinions are suggestions of possible price development and are not intended to be used as investment advice. Viewers should conduct their own research.
Nucleus Vision has extremely potential technology that it gets the support from professionals as the advisory board such as Arun Seth (formerly British Telecom CEO), ICON Co-Founder Min Kim, and many others. However, it is under criticism from the community as it canceled the public sale back in 2018 since it reached a $40 million hard cap during the private sale. For that reason, the coin dropped down to $0,00008 USD from $0,047. Even though the nCash coin has been issued on public exchanges, it has never reached the previous highs.
Despite the bearish trend of the current market, will nCash have a chance to grow again? Let’s go through some Nucleus Vision price predictions from the most ambitious experts:
TradingBeasts.com expects NCASH to reach $0.0018202 by the end of June.
Experts at CoinPredictor believe NCASH to increase +11.3% reaching towards $0.001095 by January 2020. They also claim the scale and reach of this project are large so it has the potential for further growth.
DigitalCoinPrice expects NCASH to reach $0.00176471 USD at the end of 2020.
WalletInvestor expects NCASH to be a bad, high-risk 1-year investment option in the foreseeable future.
The Nucleus Vision project is already listed on the reputable exchanges. However, the project does not represent an innovative difference from other blockchain-as-a-service platforms. It still has to prove the capability of global expansion and a notable competitor to other big blockchains in this space.