One of the most promising areas for the mass adoption of cryptocurrency and blockchain is the Internet of Things (IoT). Nucleus Vision not only offers new solutions to old problems, but introduces its own innovative technology to take full advantage of the crypto in retail. This may indicate that the NCash coin has great chances of growth. But will these chances be implemented?
Nucleus Vision Project
This is a platform for the Internet of Things, which should provide informatisation of the retail industry around the world. The blockchain technology, according to the ideas of the Nucleus Vision team, should create an interactive link between the seller of goods and services and his client, providing the latter with all the information about the counterparty.
How does the NV Network work? It is quite understandable from the illustration below (taken from the official website):
Achievability of such a noble goal is made possible thanks to four areas of the platform’s work:
- ION Sensor. This is a set of sensors that collect information about the subjects and objects of trade (the main achievement of NV is the offline identification system).
- NCash Pay. This is a payment system for NCash cryptocurrency. It easily integrates into a company’s website and allows any user to make quick and cheap payments for goods and services.
- NEURON (data collection network).
- ORBIT (block-platform data exchange).
It’s interesting: in neuroanatomy “nucleus” means a cluster of cell bodies of neurons in the nervous system. “Nucleus colonies” mean small honey bee colonies. On the website of the company, you can see the image of the human’s head depicted by the interconnected lines amidst the background of something like a honeycomb. (This is our subjective interpretation.)
NCash Coin – a Brief Review
The platform token was created specifically to ensure electronic cash flow in the global retail system. This is an ERC-20 token, which makes it convenient for mass use. NCash Pay system supports any ERC-20 wallet, so it is truly convenient to use the coin in everyday life.
You can buy this cryptographic currency on the following exchanges:
- Bitrue and several other less popular “cyberexchanges”.
If you want to keep abreast of current news about the project and its cryptocoin, then you should visit NCash page on Twitter, not the company’s website. One of the latest news from this social network is the announcement of a memorandum between the IT department of Goa, Eleven01 and Nucleus Vision about the start of work on turning this Indian state into a blockchain hub.
You can also find the latest news about the project on Medium website.
There you will find information on truly iconic events. For example, the main news of the past year was cooperation with the Russian company FLOGmall, which sells home appliances, mobile devices and other gadgets. Now users can buy a new iPhone also for NCash. By the way, you can pay with FLOGmall using bitcoin, ether, and a dozen of other cryptocurrencies.
Development plans for the platform in the near future are shown in a “compressed” form in the company’s roadmap.
Roadmap is quite understandable, and the team’s plans are far-reaching (until 2021). However, the roadmap represents the goals of the project, not actions to achieve them.
Nucleus Vision Price Prediction 2019, 2020
NCash price forecast for 2019 will be determined by a number of fundamental factors. Not all of them speak in favor of a rise in the price of a token. It is worth considering the balance of all the pluses and minuses.
The following factors might elevate chances of recovery of the coin’s value:
- The project aims at mass adoption. The main features of Nucleus Vision are intelligibly disclosed on the company’s website. Solutions for the Internet of Things are described both in two words and on two pages. A user friendly environment is created.
- NCash cryptocurrency has been listed by top exchanges. This indicates recognition by market leaders amidst the struggle with shitcoins in the trading lists.
- After the crushing collapse in 2018, the token has an inviting price to invest.
- Solutions for IoT will be very relevant in the coming years.
The following factors may significantly limit the prospects for serious growth:
- Competition in the market. The MIOTA (IOTA) platform, which sets goals similar to NV, seems to be much more fundamental.
- The reputation of the (“pump-and-dump token”) which is difficult to get rid of after the 2018 crisis.
- NCash cryptocurrency is one of the most market dependent coins.
Well, the balance of factors suggests that NCash 2019 / 2020 price prediction cannot be called pessimistic. But it cannot promise the moon and the stars. This year will be the year of slow recovery of lost price positions. Reaching the mark of $0.004 by the summer of 2019, and $0.00555 by the end of it would be ideal. But this is the best-case scenario, rather than intermediate steps to new heights.
If the project team shows a serious attitude towards Buidl, then we will have reason to believe that NV has chances of mass adoption with subsequent momentous price leap. But, in our opinion, this will not happen before 2020.
Disclaimer: We analyzed the features of the project and its cryptocurrency and made conclusions that may differ from yours. Remember that the cryptocurrency market is associated with large risks, which means this prognostication should be considered only as a guide for your own research.