What is Neap Coin
About Neap Coin
Neap Coin aims to disrupt the cryptotrading industry by lowering the barrier
to creating algorithmic trading models.
We build the world's first
Official crypto currency
Every nation needs a currency, for North Sudan that currency is digital and is called Neapcoin.
Neap coin is the Only official currency of the Kingdom of North Sudan, a nation build on sustainability and green technology
At it's essence Neapcoin seeks to out the "highs and lows" that create financial boom and bust cycles and provide returns that will continually outpace global inflation.
Problems & Solutions
Governments, as sole centralized players can devalue fiat currency, whenever they feel it is necessary!
Using NEAP, as the first transpaernt decentralized currency used as the official state currency is the most efficient and secure way to manage the economy
In centralized banking systems of Fractional Reserves, applied to all nationalfiat money. commercial and central banks inflate money supply by printingnew fiat money, that exist only on their balance sheets and which are backedby less than 10% of real depositors’ money (often just 1% or 0%).
Only rich and privileged people that can afford money managers and active styleof moving assets and investing can partially protect their cash (if they are luckyor their manager is really good - and it is shown that on average they are unableto beat inflation entirely). At the end of the day holding cash long term is nogood to anyone, rich or poor.
Decentralized and distributed cryptocurrency is being continuously verifiedby a collective of independent entities, it is very hard for a single maliciousagent to assume full control and manipulate the system. All parameters ofthe cryptocurrency are public and defined at creation.
The distributed and decentralized architecture guarantees much greaterdegree of robustness to distruption or total distraction. If a nuclear bombwipes half of a country the rest of the blockchain infrastructure still holds allthe information, necessary for it function.It is much more efficient to manage NEAP than a physical or digital fiat. Thereis no expensive logistics chain needed for issuance or disposal of damagedmoney.
Documents, Terms & Conditions
This White paper is our official document issued by our blockchain team informing the reader about the new technology, methodology and product being launched
Neap Coin Whitepaper
The Neap Coin, abbr. NEAP, is the first sovereign national crypto currency in the world. It is based on decentralized concepts of the blockchain technology, more specifically Ethereum network, which is the second largest and most sophisticated smart contract platform.
The token is not mined and only 100 million will be ever created and distributed. As an ERC-20 token, it also inherits a delegated Proof-of-Stake consensus. NEAP is backed by the kingdoms assets, currently above 100 million US dollars. Fifty percent of the coins are kept by the KNS government in its treasury and reserve fond.
Neap as an ERC 20 token can be freely traded on centralized and decentralized exchanges or simply any venue where at least 2 parties meet with the intension to exchange Neap for whatever the parties deem fit. Download the full white paper in your language here:
The idea of using Neap Coin as the official currency of the kingdom of North Sudan started in 2017
We are providing everything necessary to list NEAP in top 20 cryptocurrencies by 2020