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NoLimitCoin

NoLimitCoin

NLC2
$0.0₃3178Up 0.00 percent($0.00)

Key Stats

Max Supply∞
Launch Date2016-11-11

NoLimitCoin Information

Block Explorers
Industries
Gaming

NoLimitCoin Price Converter

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NoLimitCoin Markets

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InstrumentExchangeBenchmark DataPrice24h Change
NoLimitCoinUSD logo
NLC2-USD
nlc2_usd
yobit logoyobit
-
0.0₃7724USD
0.00%
NoLimitCoinWAVES logo
NLC2-WAVES
nlc2_waves
yobit logoyobit
-
0.002312WAVES
0.00%
NoLimitCoinBTC logo
NLC2-BTC
nlc2_btc
yobit logoyobit
-
0.0₇1000BTC
0.00%

About NoLimitCoin

NoLimitCoin (NLC2) is a cryptocurrency designed to enhance online gaming experiences by providing fast, low-cost transactions. It operates on a Proof of Stake mechanism, offering staking rewards to users. NLC2 is integrated into platforms like No Limit Fantasy Sports and No Limit Poker, serving as the primary medium for participation and transactions.

Frequently Asked Questions

NoLimitCoin (NLC2) is a cryptocurrency developed to support online gaming applications, particularly in fantasy sports and poker. It operates on a Proof of Stake (PoS) consensus mechanism, offering fast transactions and low fees. NLC2 was initially designed for use on the No Limit Fantasy Sports platform and the 'no rake' No Limit Poker platform. The coin is undergoing a migration to the ERC20 standard, which will enable support for betting protocol smart contracts and other functionalities, as well as a significant increase in staking rewards.

NLC2 serves multiple functions within its ecosystem:

  • Transaction Medium: Facilitates quick and cost-effective transactions on gaming platforms.

  • Staking: Users can stake NLC2 to earn a 4% annual return, contributing to network security.

  • Platform Utility: Acts as the exclusive currency for No Limit Fantasy Sports and No Limit Poker platforms, enabling users to participate in games and contests.

  • Fee Reduction: The use of NLC2 allows for lower fees compared to traditional platforms, saving players up to 50% of their winnings.

NoLimitCoin was developed by No Limit Fantasy Sports LLC, co-founded by Rafael Groswirt and Oscar Peralta.

Please note that the official project consistently refers to the token as NLC2, yet contracts have been issued under NLC, and there appear to have been one or more migrations whose details remain unclear. The whitepaper describes a PoS blockchain dating back to 2016, while tweets from the project mention new networks on different dates without specifying whether these were genuine migrations or merely expansions. The current website lists three contracts (ETH, BSC, and POL) and describes itself as a PoS blockchain, adding to the confusion. An old article mentions that an exchange mistakenly traded an outdated version, but it didn’t specify which one. Due to the lack of reliable, consistent information, everything has been consolidated on a single page for reference.