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Noggles Stock

Noggles

NOGS

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Noggles Whitepaper

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PoloniexNOGS/USDT00000cex17/9/2025, 6:23 AM
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Noggles FAQ

### What is Noggles (NOGS)? Noggles (NOGS) is a cryptocurrency that is listed and tracked on Eulerpool.

Noggles (NOGS) is a cryptocurrency designed to expand the boundaries of the ⌐◨-◨ meme. Launched on April 7, 2023, and supported by the Nouns Name Service (NNS) with plans for future contributions from other sources, Noggles represents an experimental initiative to establish an economy centered around the spread of the iconic ⌐◨-◨ symbol. Unlike other meme coins, Noggles’ distribution does not originate from a liquidity pool but instead arises from user-driven proliferation efforts globally. Following this vision, half of the NOGS supply is locked in a Social Staking contract, primarily allocated to reward NNS holders who adopt the .⌐◨-◨ as their Twitter handle. A portion of the Social Staking allocation will also support open distribution initiatives on Twitter, enabling non-holders to earn small amounts of $NOGS and become part of the community. Noggles further relies on an ecosystem fund and a proliferation program aimed at integrating projects, artists, and builders into the nouniverse, rewarding innovative ideas and encouraging collaboration with other ecosystem members. For more detailed information visit Eulerpool.

What is the Circulating Supply of NOGS?

NOGS was launched on July 4, 2023, with a total supply of 69 billion tokens. An additional 1.69% of the total supply will be issued annually to support the project and the communities within its ecosystem. This annual inflation is anticipated to be fully decentralized and integrated into the Ecosystem Fund. The circulating supply is managed through four distinct contracts: * NNS Team and Contributors: 10% (1.38 billion locked for 12 months, thereafter 225,500,000 unlocked monthly for 24 months) * Social Staking: 50% (released gradually by users through Social Staking) * Proliferation Program: 10% (287,500,000 released monthly for 24 months) * Liquidity Pool: 10% (activated after the initial 3 months) * Ecosystem Fund: 20% (2.76 billion available after 4 months, thereafter 225,000,000 released monthly for 48 months) It is important to note: The initial distribution will commence from the Social Staking contract; however, holders will not officially be recognized in the Explorer until their staked NOGS are withdrawn from the Social Staking contract to their personal wallets.

Who is the creator of Noggles (NOGS)?

Noggles is a cryptocurrency developed by the Nouns Name Service (NNS). Publicly launched in October 2022, NNS enables users to establish their on-chain nounish identity using the .⌐◨-◨ domain. By the end of November 2022, NounsDAO endorsed and supported NNS to facilitate its expansion both within and beyond the nouniverse. With over 650 holders and more than 1,500 registered names, NNS is the initial project to incorporate NOGS into its infrastructure, aiming to be just one of many future contributors. The vision for the Proliferation Program, in conjunction with the Ecosystem Fund, is the establishment of a decentralized and collaborative structure around Noggles that can genuinely empower individuals and communities over the long term.

Investors interested in Noggles are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.