Introduction of NERC20

A new generation of ERC20 fair launch platform🚀

NERC20 is a new generation of ERC20 fair launch platform. Rapid deployment of fair issuance in EVM smart contracts, becoming a trusted connector for projects and communities.😎

Just by looking at the success of the BRC20 token on the Bitcoin chain alone, you can see how great this solution is. Not only is the Ordinals protocol simple and easy to understand, but it also avoids all sorts of selfish design and security risks. Most importantly, minting rights are equal for all, and neither the issuer nor the project team can set aside more low-priced tokens for themselves. This means that even if you are part of the issuer or team, you can't take advantage of it! 🤑

BRC20 tokens are based on the UTXO mechanism on the Bitcoin chain, which avoids excessive advantages and prevents unfair practices. We believe that the spirit of this fair offering deserves to be appreciated by more people!

So we thought, why not bring this spirit of fair offering to NULS chain and some emerging public chains? Let more people participate and enjoy this fair and equal treatment together!

Let's look forward to NERC20 together! As a token based on the ERC20 standard protocol,NERC20 Token has many other features unlike BRC20.

NERC20 Token can be easily managed in wallets familiar to the general public without the need to download new wallet software. In addition, it can be used in the DEFI ecosystem, including DEX, pledging, lending, and more.

Unlike BRC20, the NERC20 token has no owner privileges, which means it is an ownerless token, allowing every user to enjoy the value of the token on an equal basis.

The number of Tick characters in NERC20 can also be upgraded, allowing users to open up more possibilities. Even better, there is no pre-mining in NERC20, the total number of tokens is mined from zero until the hard top is reached, ensuring that every token is fair and transparent.

NERC20 is very decentralized, with contracts deployed on the chain, including functions such as search and find, all in smart contracts. It is not a BRC20 token playing platform, and users interact directly with the contract, which is more reliable.

Of course, we have added some new features to NERC20, such as things like freeze periods, position conditions and pre-sales/crowdfunding. The freeze period prevents unfair trading by witches and smart contract bots to maintain fairness for participants. Position conditions, on the other hand, can avoid massive and rapid coin minting by witch accounts. In addition, pre-sale/crowdfunding allows deployers to charge a fee when minting coins.

• Freezing period:

After a user minted coins for the first time, they will enter a freeze period. If you want to continue minting coins during the freeze period, you need to pay a small fee to the platform. Each time additional coins are minted, the tip will be doubled. For example, for the first mint during the freeze period, 1 NULS will be paid, for the second time, 2 NULS will be needed, and for the third time, 4 NULS will be needed. It should be noted that for NERC20 with a freeze period set, you cannot mint coins in bulk (Rollup Mint)

• Holding Conditions:

Deployers can set position holding conditions, which are used to prevent mass and rapid minting of coins by witch accounts. Position assets include NFT and other ERC20 tokens. Pre-sales/Crowdfunding: Deployers can set a presale/crowd funding price for tokens, which is used to charge a fee at the time of minting.

Depending on the different combinations of the above 3 groups of attributes, there are 8 subtypes as follows:

When deploying a token contract, issuers can set the above three sets of attributes at their own discretion, as needed.

When deploying a token contract, issuers can set the above three sets of attributes at their own discretion, as needed.

NERC20 allows you to experience a fairer, decentralized transaction, and users who are a little more Fancy can also open up more imagination to develop more innovative applications based on the NERC20 token.

ENULS Network Transaction

Transaction Address: 👉Click here to jump

Transaction Information Query Address: 👉Click here to jump

Linea Network Transaction:

Cross-Chain Address: 👉Click here to jump

Transaction Address: 👉Click here to jump

Transaction Information Query Address: 👉Click here to jump