Cyrpto (AltCoins): Nuggets —”your face is your data”

Hi Freind

Back again with me

Today i want explain about nuggets

what is Nuggets?

Nuggets are e-commerce payments and ID platforms. This keeps your personal data and your payments securely blocked, so you do not have to share them with anyone — even Nuggets. This was inspired by the experience of CEO Alastair Johnson because the details of his payments were used fraudulently — and the complicated and frustrating process that took place. Nuggets solve this problem, using zero knowledge storage, encryption, privacy, security and trust, all combined with a ledger that can not be decentralized.

For consumers, Nuggets is a unique and secure login process for payments, login and ID verification, without tracking or selling of your activity. Pure access via biometrics to replace username and password.

How does the Nuggets work?

Nuggets are e-commerce payments and ID platforms. This keeps your personal data and your payments securely blocked, so you do not have to share them with anyone - even Nuggets. With Nuggets, you create a secure 'private cloud' of data in zero-knowledge blockchain storage. Nuggets can not even access this data. You decide whether and when you want to share it, and do so on your own terms. Nuggets reinforce people, allowing 'self-identity' on a mass scale. And it frees the company from the burden of storing and protecting millions of customer records.

What can I use for Nuggets Tokens?

You get Nuggets Tokens when you sign up, refer, sign in, pay or verify with Nuggets, and if you choose to share some of your information. Once you have a Token, you can use it to purchase products and services with merchants in the Nuggets ecosystem without compromising your security.

What makes this Nuggets different from other platform identity platforms?

With Nuggets, you can forget about usernames, keywords, and payments wiretapping details in dozens of different accounts.

Once you're ready in the app, you can use Nuggets to pay, sign in or verify your identity just by using your fingerprint (or other biometrics). And every time you do, you get Tokens Nuggets, which you can use with any Nuggets partners.

Blockchain technology means you keep control of your information. Nuggets does not share or store your data with anyone, and no one can access it - even Nuggets themselves.

Simple and secure payment: Simply select the Nuggets option, confirm with your fingerprint (or other biometrics), and you're done. Without having to share your personal information. And if you pay with Tokens Nuggets, you also save money!

No more passwords: This is the same process for signing in to your account.

No username No password No 'what is the name of your mother's childhood cat?' And if you need to update your details, just do it once - in the Nuggets.

Reward at any time: From the moment you sign up, you get a Tokens Nuggets. Then you can use it to pay merchants on the platform. So you can use Nuggets Tokens obtained from an airline, for example, to help pay for shoes.

No other platform offers this. There are other identity apps. There are other payment apps. No one does both, combined with the highest security of the blockchain and token system that rewards you as you go.

TOKEN SALE FUNDING

Once the platform is launched, the ecosystem will focus primarily on creating a network effect amongst retailers and users, and on attracting more participants to the platform. To that end, Nuggets intends to sell 35% of all Nuggets Tokens NUG) during its pre-sale and public Nuggets Token sale to fund platform development, partnerships, platform launch and commercialization of Nuggets.

Nuggets intends to set aside 30% of all Nuggets Tokens as incentives, and for use in the ecosystem. Nuggets intends to keep 15% of Nuggets Tokens as long-term reserves with a o ne-year lock up, and 15% for Nuggets employees with a two-year lock up, and 50% vesting after one year.

Nuggets intends to reserve another 5% of the Nuggets Tokens for legal, regulatory, and miscellaneous costs leading up to the platform launch in each market.

Some early retail adopters may receive Nuggets Tokens, to pay some fees and to capitalise on the network effect as theecosystem grows. Nuggets will control such distribution to protect the economics of the ecosystem.

Nuggets will also release a proportion of Nuggets “Team Tokens” to existing employees and consultants and as and when new members join the team. “Company Tokens” are long-term reserves with a one-year lock up. There is no intention of releasing these onto the market in one go. They will be released as and when required in a controlled manner that benefits the ecosystem as a whole.

A final 5% of the total Nuggets Tokens will be used to cover legal, regulatory and miscellaneous costs leading up to launch in each market. These will be sold as and when required to cover service provider expenses