What problem does this service solve?

Nasdacoin wants to develop an ecosystem based on the NSD coin.GAS is used to pay for transactions on the NEO network.

Token Stats

Company Description

Nasdacoin is developing a blockchain with a hybrid consensus mechanism that combines elements of Proof-of-Work (PoW) and Proof-of-Stake (PoS). Nasdacoin uses the Scrypt hashing algorithm and is powered by the NSD coin. The company plans on developing a comprehensive ecosystem with a native exchange, wallet, App, and marketplace. They also plan on allowing Nasdacoin holders to transfer their NSD balance to a Visa card that can be used anywhere.

GAS is the token that is used to pay for transaction fees on the NEO network. The NEO platform uses two different tokens; GAS are used to fuel the network and give holders the right to use the NEO blockchain. Similar to Ether on the Ethereum network. Although it's possible to buy GAS on some exchanges, NEO token holders automatically generate GAS as the blockchain increases in size. 8 GAS are distributed for every 100 million NEO in circulation.

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