POCM: DeFi Token distribution and staking mechanism redefinement with NULS during the Bull Market

The cryptocurrency sector is ever expanding and new methods of earning and engagement are being developed continually. Among such developments is the Proof of Credit Mining (POCM) platform by NULS, which is a rather unique way of issuing and distributing tokens. In a bull market and in times when presenters are focused on different and novel ways of investing their returns, POCM acts as a very attractive opportunity for stakers and projects. How the POCM Works POCM means Proof of Credit Mining, which is an SCO platform developed by NULS. It allows projects to create and automatically sell tokens to various blockchains. The advantage POCM has over its competitors is that it utilizes the NULS token staking economy which simplifies staking for projects and their users. How does the Proof of Concept Mining work? First steps for projects wishing to add their tokens to the POCM network include the establishment of nodes on the NULS. The holders of the NULS tokens can then stake their tokens into the said project’s nodes. As a result, they are compensated with the project’s tokens while the project earns NULS tokens. This type of a system is beneficial to both parties. Project gets NULS tokens, which are needed for project development, and staker gets project tokens, risking never the staked amount. Another great improvement that the POCM has over old school techniques such as the Initial Coin Offerings (ICOs) and Initial Exchange Offerings (IEOs) is that it is low risk. This is because the amount of NULS that has been staked remains in the user account. Because there is no surrendering of tokens, there is no risk of loss of principal amount invested. Thus, POCM is quite beneficial to users who want to get the tokens for simply holding them without the need to even switch the devices on for trading purposes. Why POCM is a Game Changer in a Bull Market Bear in mind that, in bulish markets, the sentiment is very positive, and people are actively looking for efficient at the same time rewarding ways to grow their portfolio. This is where POCM fits in very well. By staking NULS, users will passively earn project tokens and invest themselves in developing projects without exposing themselves to heavy risks. On top of that, POCM includes a number of blockchains which further increases its generalizability. It enables any blockchain ecosystem's projects to use the NULS' staking business model. This introduces versatility, especially during the market phase when great ideas and new projects are abundant. POCM and the Future of NULS Last but not least, we believe that the more projects start to use POCM, more demand for NULS is expected which may push its price over time. In a bull market, this may promote NULS to be adopted even faster since projects may want to tap into its ecosystem for building NULS that offers unique staking structure. In conclusion, POCM is an extraordinary solution within the realm of blockchain products since it integrates two risk-free elements which are staking and token distribution. Its relationship with the NULS eposystem makes it a good avenue for project development especially during the positive market cycles. With the ongoing bull phase, POCM and NULS are probably going to attract bigger interest from those investors who value security and profitability on the crypto business. #NULS #AltCoinSeason #Trump47thPresident $NULS {spot}(NULSUSDT)