DAPP deployed on Nautilus Chain must use its pass to pay the security fee

On February 28, it was reported that at present, the leading chain Nautilus Chain network launched by the streaming payment ecosystem Zebec is about to go online, and the DAPP deployed on Nautilus Chain must use its pass to pay the security fee. It is reported that this part of the security fee will be used for the air drop of ecological contributors, including the Zepoch node.

Interpretation of this information:

The news is stating that Zebec is launching a new streaming payment ecosystem called Nautilus Chain. The network is set to launch soon, and it has been announced that the decentralized applications deployed on Nautilus Chain will have to use passes to pay the security fee. The security fee will be used to do air drops for the ecological contributors that include Zepoch node. The purpose of air drops is to distribute tokens of new cryptocurrencies and rewards to users of existing cryptocurrencies to promote the coin’s market value, acceptance, and circulation.

This launch is significant because it indicates that Zebec anticipates high demand for Nautilus Chain’s streaming payment ecosystem that will require security measures. It also shows Zebec’s interest in incentivizing people to contribute to the ecosystem. The use of air drops to promote community involvement is not uncommon in the cryptocurrency market. Zbyte, Binance Coin, and Ontology’s efforts in this regard to create user participation and strengthen community bonding have been successful.

Since the DAPPS have to use their pass to pay the security fee, it indicates that the tokens have value and the price is based on the demand-supply mechanism, as users will need to buy them to use the application. This will create a market for trading the pass token. The rise of utility tokens has exploded in the Cryptocurrency market, and it is increasing its value with the increase in the demand for the ecosystem.

Moreover, Nautilus Chain is a chainy connected network and works on the scalability and flexibility issues of the blockchain. It will not only enable instant peer-to-peer transactions, but it will also help support DeFi applications, payments, microtransactions, and opening new possibilities in the streaming payment ecosystem. This indicates that Zebec is trying to create a complete payment solution network to tackle the problem of expensive transaction fees, slow confirmation times, and inefficiencies in the traditional payments system.