NuShares are units held by individuals who wish to help support and maintain the Nu network. Owning NuShares is not required to use NuBits. Instead, NuShares are intended to be a source of network equity for developers, entrepreneurs, and speculators. NuShareholders can receive network revenues in the form of Peercoin dividends paid out by a custodian. NuShareholders can cast votes for actions that positively affect the Nu network. These actions help adjust the supply and demand for NuBits so that they will always remain at a long-term USD 1.00 value.
The world's first self-destructing currency. BOMB is a social experiment and financial case study to measure the feasibility of a deflationary currency. The rules are simple. 1) There were originally 1,000,000 Bomb in existence. 2) Each time a Bomb is transferred, 1% of the transaction is destroyed. 3) There will never be newly minted Bomb. The intention is not to be used as a transactional currency, but rather a consistent and decentralized store of value. Through a system of immutable smart contracts and continuous hyperdeflation, BOMB is the world’s first self-destructing currency.