Nebulas PriceNAS

What is Nebulas (NAS)?

Nebulas (NAS) is a public blockchain platform that describes itself as an autonomous metanet, a next-generation network focused on on-chain data, interactions, and collaboration. Nebulas was a standalone smart-contract Layer 1 that launched in 2018, using a Proof of Devotion (PoD) consensus and a virtual machine that runs contracts written in JavaScript. The project positions itself around hyper-mapped structural metadata capable of handling increasingly complex on-chain data and describing how participants interact with one another. It has been characterized as an open source public chain capable of supporting all functions offered by Ethereum, including decentralized applications, and has been referred to as a search engine for blockchains. NAS is the native token of the ecosystem. CoinMarketCap lists a total supply of 81,762,994.05126 NAS with no maximum supply figure, while Etherscan records a total supply of 100,000,000 NAS for the ERC-20 token. The project reached a significant operational milestone when the Nebulas Foundation Council decided to fully terminate the operation and service of the Nebulas Mainnet, with mainnet nodes officially stopping operation on December 30, 2024.

Key Specifications & Tokenomics

• Name: Nebulas
• Symbol / Ticker: NAS
• CoinMarketCap ID (UCID): 1908
• Category: Platform, Search Engine
• Official Website: https://www.nebulas.io/
• Whitepaper: https://nebulas.io/docs/NebulasWhitepaper.pdf
• Block Explorer: explorer.nebulas.io
• Source Code: https://github.com/nebulasio
• Community: https://t.me/nebulasen ; https://reddit.com/r/nebulas ; https://twitter.com/nebulasio
• Ethereum Contract Address (NAS token): 0x5d65D971895Edc438f465c17DB6992698a52318D
• Start Date: 2017-08-23 (CoinMarketCap listing date); the standalone smart-contract Layer 1 launched in 2018, and Nebulas NOVA was released on 15 April 2019.
• Circulating Supply: 0 NAS (per CoinMarketCap); Total Supply: 81,762,994.05126 NAS.
• Current Supply: 81,762,994.05126 NAS
• Initial Supply Distribution: 30% of NAS
• Security: No public audit report or bug bounty programme is referenced in available sources.
• Tags: Platform, DragonFly Capital Portfolio, Search Engine

Who created Nebulas?

Nebulas was founded by Hitters Xu, who served as Founder and CEO and is also one of the founders of AntShares (today known as NEO). Guan Wang is a co-founder, and Robin Zhong is co-founder and CTO. Guan Wang is described as a serial entrepreneur in the blockchain industry. The broader Nebulas team has been described as having what it takes to make the project significant in the blockchain space. To facilitate ecosystem development, asset management, and promotion of the autonomous metanet, the founding team formed the Nebulas Community Group together with the community. This group comprises three organizations: the Nebulas Council, the Nebulas Foundation, and the Nebulas Technical Committee. These organizations supervise each other and support the sustainable development of Nebulas.

How does Nebulas work?

Nebulas operates as an open source public chain designed to support all functions offered by Ethereum, including decentralized applications. Its core technical focus is on on-chain data, interactions, and collaboration, using hyper-mapped structural metadata intended to handle increasingly complex on-chain data and describe interactions among participants. Nebulas Rank (NR) is a blockchain valuation mechanism that measures value by considering the liquidity and propagation of an address to generate a score for a dApp or smart contract. The Nebulas Explorer documented a dStaking mechanism in which users dStake NAS and mint NAX. The whitepaper, version 1.0, was published in September 2017, and the project describes itself as bringing blockchain technology into the third generation. On 15 April 2019, the team released Nebulas NOVA, a blockchain network with native on-chain incentive. A cross-chain page at https://link.nextdao.io/ provided a bridge from the mainnet to Ethereum, allowing users to move tokens between networks before the mainnet service was terminated.

What makes Nebulas unique and valuable?

Nebulas distinguishes itself through its vision of an autonomous metanet and its emphasis on on-chain data, interactions, and collaboration. It has been described as an incentive-based, self-evolving blockchain system with a decentralized platform, and it has been referred to as the Google of Blockchain and a search engine for blockchains. The project's hyper-mapped structural metadata is designed to handle increasingly complex on-chain data, which is a differentiating technical concept. After Nebulas NOVA went live, developers and users were intended to participate in the development of the ecosystem to realize the vision that everyone benefits fairly from decentralized collaboration. The Nebulas Foundation has stated it remains optimistic about the future of blockchain technology and will continue to invest in the development of blockchain and AI technologies following the cessation of the mainnet project.

What is Nebulas used for?

NAS is the native token of the Nebulas ecosystem and underpins the network's native on-chain incentive introduced with Nebulas NOVA. The token also plays a role in the broader incentive structure of the autonomous metanet, supporting on-chain interactions and collaboration among participants. During the mainnet termination process, the Nebulas Foundation Council decided to repurchase circulating NAS tokens in the market at the prevailing market price at the time of the buyback, with the token buyback and exchange conducted on a single designated exchange. Users who chose to participate deposited their NAS tokens with the designated exchange, where the deposited tokens were automatically converted into USDT. Users who chose not to participate were advised to withdraw their NAS tokens to the Ethereum network before the withdrawal service was disabled.

How Is the Nebulas ecosystem developing?

The Nebulas ecosystem was developed around the autonomous metanet concept, with the Nebulas Community Group formed to facilitate ecosystem development and asset management. The project released Nebulas NOVA on 15 April 2019, adding a blockchain network with native on-chain incentive. A cross-chain bridge from the mainnet to Ethereum was made available at https://link.nextdao.io/. The ecosystem reached a major transition point when the Nebulas Foundation Council decided to fully terminate the operation and service of the Nebulas Mainnet project. The Nebulas Mainnet nodes officially stopped operating on December 30, 2024. Following the cessation of the mainnet project, the foundation stated it will continue to invest in the development of blockchain and AI technologies. The Ethereum-based NAS token remains represented by the contract address 0x5d65D971895Edc438f465c17DB6992698a52318D. According to Etherscan token data (as at 21 August 2026), the Ethereum-based NAS token had 14,479 holders.

How to mine Nebulas?

Nebulas was a standalone smart-contract Layer 1 that launched in 2018 and used a Proof of Devotion (PoD) consensus, with a virtual machine that runs contracts written in JavaScript. It was therefore not a proof-of-work mining chain; participation and rewards were tied to the network's native on-chain incentive introduced with Nebulas NOVA on 15 April 2019. Following the termination of the Nebulas Mainnet, with nodes officially stopping operation on December 30, 2024, mainnet participation is no longer active. Users who held NAS on the mainnet were advised to withdraw their tokens to the Ethereum network before the withdrawal service was disabled, or to participate in the token buyback on the designated exchange.

How to keep your Nebulas Coin safe?

Keeping NAS safe depends on which network version of the token you hold. Following the mainnet termination announcement, users who chose not to participate in the token buyback were advised to withdraw their NAS tokens to the Ethereum network before the withdrawal service was disabled. Users could either withdraw their tokens to the Ethereum network directly through the designated exchange or manually bridge their tokens from the mainnet to Ethereum via the cross-chain page at https://link.nextdao.io/. The Ethereum-based NAS token contract address is 0x5d65D971895Edc438f465c17DB6992698a52318D. As with any crypto asset, holders should verify contract addresses carefully, use official resources such as the website at https://www.nebulas.io/ and the block explorer at explorer.nebulas.io, and avoid sharing private keys or seed phrases. General security practices include using hardware wallets where possible, confirming network compatibility before transferring tokens, and being cautious of unsolicited offers or impersonators.

Risks and uncertainties

NAS, like other crypto assets, is subject to price volatility, and its value can fluctuate significantly. Regulatory treatment of crypto assets varies by jurisdiction and may change, which could affect access to or use of the token. Technical risks include smart-contract vulnerabilities and the challenges of bridging tokens between networks. With the Nebulas Mainnet no longer operating, holders should be aware that activity is concentrated on the Ethereum-based token. These points are informational and should not be read as predictions or assurances.