Overview
Nuggets is a consumer-centric blockchain platform giving users a convenient biometric tool for login, payment and identity verification, without sharing or storing private data.
With Nuggets, you create a secure ‘personal cloud’ of data in zero-knowledge blockchain storage. Not even Nuggets can access this data. You decide if and when you want to share it, and do so on your own terms. Nuggets gives power back to the people, enabling ‘self-sovereign identity’ on a mass scale. And it frees companies from the burden of storing and protecting millions of customer records.
Team
The Nuggets website lists a team of 11 people.
There is an plentiful of expertise among the featured members, some with 30+ years experience in their specifici fields.
There are software developers, social media entrepreneurs, risk management personnel, experts in finance, blockchain, customer services, and many other related disciplines. All members feature a link to their LinkedIn profile.
The Nugget Token (NUG)
The company will issue its own currency — the Nuggets token, which is a ERC-20 standard, to fuel the network. Nuggets tokens can be used for the consumptive use of the platform. Once created, the Nuggets token will be distributed as above
You get Nuggets Tokens when you sign up, refer, login, pay or verify with Nuggets, and if you choose to share some of your information. Once you have Tokens, you can use them to buy products and services with merchants in the Nuggets ecosystem without compromising your security.
Token Economics
Token name — Nuggets token (NUG)
Total tokens offered — 10 billion
Token worth — USD $0.0069 per NUG token in the pre-sale and USD $0.0086 per NUG token in the public sale.
ICO start date —May 1st, 2018
Hard cap — $50m
Accepting: Bitcoin, Ethereum, and USD
Disclaimer: The above references an opinion and is for information purposes only. It is not intended to be investment advice.