NetSyde — Melcor Native Token

NetSyde Platform
1 min readAug 8, 2023

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NetSyde Token (NSD) is the native token of the Melcor platform. By using NSD, users can interact with the Melcor platform without incurring any fees, paying only for transactions.

The NSD token also provides the ability to moderate the platform, influencing the rating of stores, collections, and products, either by raising or lowering it.

The distribution of NSD will be carried out as follows:

– 10 million tokens are allocated for the bug bounty program;

— 5 million tokens are set aside by developers for supporting Melcor and implementing new features;

— 4 million tokens are allocated for testing and bug hunting during beta testing;

— 1 million tokens are allocated for testing and bug hunting during alpha testing.

The distribution of tokens will be conducted in accordance with the user’s contribution to the development of the platform.

The more substantial the contribution, the more tokens the user will receive when the platform launches on the mainnet.

You can purchase test NSD tokens for test ETH on the Uniswap platform.

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