Project Details

The Novum Trust Order (NTO) Protocol is a smart contract protocol for projects, providing a framework governed by the  blockchain within the blockchain ecosystem. NTO’s core architectural design takes into consideration a project’s responsibility towards its stakeholders, demonstrating that better quality projects will attract investors into our ecosystem.

With NTO Protocol, you can:

• Creat smart contracts with customisable templates for token issuance
• Manage and execute automatically milestone events 
• Explore cross blockchain
• Interact acrossall projects operating on different blockchains

NTO Protocol operates between the blockchain layer and third party decentralised applications (DApps), centralised applications or services. It functions as a data pipeline to enable the flow of data across interface such as DApps or centralized applications to either the blockchain layer or the database layer. It manages logic and manage knowledge interaction and flow within the ecosystem.

This is main elements of the ecosystem:

• Novum Token: ERC-20 token providing network wide utility, extended with the capabilities of the NTO Protocol.
• NTO Token Standards: NV-10, governance enabled token smart contracts; NV-800, for project-specific, governance/voting events.
• Third Party Applications/DApps: Concordia Ventures; crowdfunding app using NTO Protocol, enabling lifecycle management and compliance with native tokens. 
• Projects: Companies/projects that launch an Initial Coin Offering (or similar offerings), selling their native tokens in exchange for another acceptable currency. These projects are also implementing our protocol and governance systems.

At Novum, we embrace open participation and greater engagement in blockchain. We believe that inclusivity, accountability and accessibility encourage greater participation, which in turn attracts more people to onboard the blockchain ecosystem. We believe that better projects will naturally attract more users and vice versa, a cycle that will repeat indefinitely. To achieve this, we take the necessary steps towards ensuring greater accountability and value to stakeholders resulting in projects being more sustainable in the long term.

If you are a blockchain lover and want to help us fund this project, you can make a contribution right now. For more information, check our website or feel free to contact us through our social media channels.