Question 1

What is NoLimitCoin (NLC2)?

Accepted Answer

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.

Question 2

What is NoLimitCoin (NLC2) used for?

Accepted Answer

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.

Question 3

Who created NoLimitCoin (NLC2)?

Accepted Answer

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 An old article mentions that an exchange mistakenly traded an outdated version, but it didn’t specify which one.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.**

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Open	24h High
1	NLC2-USD nlc2_usd	yobit	-	0.0₃7724USD	0.00%	0NLC2	0.0₃7724USD	0.0₃7724USD
2	NLC2-WAVES nlc2_waves	yobit	-	0.002312WAVES	0.00%	0NLC2	0.002312WAVES	0.002312WAVES
3	NLC2-BTC nlc2_btc	yobit	-	0.0₇1000BTC	0.00%	0NLC2	0.0₇1000BTC	0.0₇1000BTC