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. 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 characterised as an open source public chain capable of supporting all functions offered by Ethereum, including decentralised applications, and has been referred to as a search engine for blockchains. NAS is the native token of the ecosystem, with a total supply of 81,762,994.05126 NAS and a maximum supply of 100,000,000 NAS cited by some sources. 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
• Ethereum Contract Address (NAS token): 0x5d65D971895Edc438f465c17DB6992698a52318D
• Start Date: 2017-08-23
• Total Supply: 81,762,994.05126 NAS
• Current Supply: 81,762,994.05126 NAS
• Max Supply: 100,000,000.00 NAS
• Initial Supply Distribution: 30% of NAS
• CertiK Rating: 2.5
• Tags: Platform, DragonFly Capital Portfolio, Search Engine

Who created Nebulas?

Nebulas was founded by Hitters Xu, who served as Founder and CEO. Hitters Xu is also one of the founders of AntShares. Guan Wang is the Co-founder of Nebulas and 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 organisations: the Nebulas Council, the Nebulas Foundation, and the Nebulas Technical Committee. These organisations 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 decentralised 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. 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 decentralised 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 realise the vision that everyone benefits fairly from decentralised 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. It can be utilised for payment of transaction fees and computing service charges on the network. 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 recent market price of 0.005 NAS/USDT, with the token buyback and exchange conducted only on Gate.io. Users who chose to participate deposited their NAS tokens into Gate.io, 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, with 14,479 holders recorded in Etherscan token data.

How to mine Nebulas?

Detailed public information on mining or staking mechanisms for Nebulas is currently limited. The project is described as an incentive-based, self-evolving blockchain system, and Nebulas NOVA was released as a blockchain network with native on-chain incentive, which suggests that network participation and incentives were central to its design. However, specific consensus or mining details are not provided in the available references. 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 Gate.io.

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 Gate.io 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.