How to Buy Nollars ($NOLA) – A Simple Guide

By Shraddha

Last Updated: Dec 11, 2024

Fact checked

By Valerie Reilly

Nollars ($NOLA) is a DeFi project merging Ethereum’s Layer 1 security while offering Layer 2 scalability. Governed by NollarsDAO, $NOLA can be leveraged to get instant and low-fee transactions, access cross-chain interoperability, and access meme coin trading.

In our guide on how to buy Nollars, we show readers how and where to purchase $NOLA on presale in a few simple steps. To get a better understanding of the project, we study the platform’s tokenomics, use cases, and future growth prospects.

Nollars – A Quick Overview

Nollars presale

Before we show readers how to buy Nollars on presale, let’s take a quick look at the main elements of this new cryptocurrency

  • Innovative Layer 2 Solution: Nollars is an innovative DeFi project that leverages Optimistic Rollups and ZK-Rollups technology to address Ethereum Layer 1 scalability issues. Its Layer 2 solution enables fast, low-cost transactions suitable for high-volume use cases like meme coin trading, DEXs, and dApps.
  • Community-Driven Governance: Through the NollarsDAO, $NOLA token holders can participate in the ecosystem’s decision-making process. They can oversee treasury management, development grants, and ecosystem growth. Once launched, project control will transition entirely to the community.
  • $NOLA Token Utility: The native ERC-20 $NOLA token facilitates governance participation, development funding, and liquidity. It will migrate to the scalable Layer 2 network for faster transactions while maintaining Ethereum’s security through a robust cross-chain bridge.

How to Buy Nollars – Step-by-Step Breakdown

Now, let’s take a detailed look at how to buy Nollars ($NOLA) through the ongoing presale: 

Step 1: Download a Cryptocurrency Wallet

Before you can purchase $NOLA tokens, you must have access to a crypto wallet that is compatible with the presale. Nollars is compatible with some of the top wallets, including Best Wallet, Metamask, and Wallet Connect. 

Laptop/desktop users can add the wallet extension on their devices, and mobile users can download the app via iOS/Android. Create a new wallet account to continue. 

best wallet high profit crypto

Step 2: Fund Your Wallet

$NOLA can be swapped with other crypto tokens such as Ethereum (ETH) and Tether (USDT). If you do not own any of these tokens – purchase them from a crypto exchange and transfer the holdings to your wallet. 

Step 3: Connect the Wallet to the Platform

Visit the official Nollars presale website and click ‘Connect Wallet.’ Choose the wallet option that you have – and follow the instructions on-screen to connect the wallet with the presale. 

Step 4: Buy $NOLA Tokens

Nollars presale widget

Now that your wallet is connected, you can start creating the buy order. Choose the token with which you want to make the purchase, enter the purchase amount, and confirm the transaction. Alternatively, buy $NOLA tokens directly with a Credit Card. 

Visit Nollars

How to Ensure Safety and Avoid Scams When Buying Nollars

Due to the number of scams prevalent in the cryptocurrency space, even investing in some of the best crypto tokens can be highly risky. To ensure all investors make secure and informed investment decisions, we have added a comprehensive guide below that will help you stay clear of any scams or potential threats:

Protect Against Scams

Scams remain a significant concern in the cryptocurrency space. Fraudsters use various methods to access investors’ wallets or personal data. Follow these tips to stay secure:

  • Secure Your Recovery Phrase: Since your seed/recovery phase helps you get access to all your funds in the crypto wallet, make sure to treat it as your ultimate safeguard. Write it on paper and keep it in a safe, private place. Never store it digitally or share it with anyone.
  • Activate Multi-Factor Authentication: Enhance your account security by enabling MFA for crypto exchanges or wallets. This additional step verifies your identity through a unique code generated by an app like Authy or Google Authenticator.
  • Stick to Verified Sources: Purchase $NOLA tokens only from the official Nollars website. Always verify URLs and avoid suspicious links, as scammers frequently mimic legitimate platforms.

Understand the Risks of Presales

While presales can provide opportunities to buy early, they also come with uncertainties. Here’s what to consider:

  • High Market Volatility: New tokens, including $NOLA, often experience rapid price changes. Early enthusiasm can drive unpredictable market behavior, making such investments risky.
  • Smart Investment Practices: Invest only what you’re willing to lose. Diversify your investments across multiple projects to reduce potential losses and ensure a balanced portfolio.

What Is Nollars?

Nollars is a cutting-edge DeFi project that merges Ethereum’s security with the scalability of Layer 2 solutions, offering a decentralized and community-driven ecosystem. 

Governed by NollarsDAO, the platform prioritizes transparency, low transaction costs, and instant accessibility, making it an attractive choice for users seeking an advanced blockchain experience. 

What is Nollars

At its core, Nollars combines the robustness of Ethereum’s Layer 1 with the efficiency and cost-effectiveness of Layer 2, creating a seamless infrastructure for decentralized applications (dApps), cross-chain interoperability, and meme coin trading.

The Nollars ecosystem is powered by its native token, $NOLA, an ERC-20 token initially launched on Ethereum Layer 1. As Nollars transitions to its Layer 2 solution, the token will migrate to leverage the advanced capabilities of rollup technology, including Optimistic Rollups and ZK-Rollups. 

Optimistic Rollups aim to improve Ethereum’s scalability – enabling thousands of fast and affordable transactions, ideal for high-volume use cases like decentralized exchanges (DEXs) and trading platforms. 

Additionally, a secure cross-chain bridge ensures that assets can move between Ethereum Layer 1 and the Nollars Network Layer 2 without compromising security. NollarsDAO plays a pivotal role in the platform’s governance, allowing token holders to participate in decision-making through the Tally Protocol. 

This decentralized framework oversees treasury management, project development, and ecosystem sustainability. The DAO will also administer grant programs to support developers and establish strategic partnerships. Thus, the abundance of use cases can make $NOLA one of the best altcoins in the coming years.

Tokenomics

$NOLA, the native currency of Nollars, has a total supply of 15 million tokens. Currently, 8 million tokens (53.33%) are being allocated through ten presale rounds. At press time, $NOLA is priced at just $0.50 – during the first stage of the presale. 

Conducting one of the best crypto presales in recent times – Nollars has raised more than $22,000 in no time. Interested investors may prefer purchasing $NOLA at an early stage – before the price increases to $0.8 per token by the tenth and final stage. This equates to an increase of 60%. 

Nollars tokenomics

For comparison, in 2024 – the price of Gold has increased by 33%. $NOLA offers a return of almost double that amount to early presale investors. $NOLA token holders can also get benefits through the DAO – with another 26.67% of the token supply allocated to this mechanism. 

A further 1.56 million tokens (10.4%) of the supply will be allocated to maintain the CEX wallet, while 1.44 million tokens (9.6%) will be used to maintain liquidity across the exchanges. To learn more about this project, join the Nollars Telegram channel and follow the X page

Why Should I Invest in Nollars?

Let’s take a look at some reasons why investors may wish to invest in $NOLA: 

  • Available at a low price – Through the ongoing Nollars presale, $NOLA is available at just $0.5 per token. By the end of the final stage, the price will increase by over 60% – to $0.8 per token. With the presale having already raised $22,000 in no time – early investors may potentially earn a stellar return in the long term. 
  • Scalability and Cost Efficiency: Nollars leverages Layer 2 rollup technology to deliver fast and cost-effective transactions, making it highly suitable for high-volume transactions, and when accessing decentralized applications. 
  • Community-Driven Governance: $NOLA may also be a good investment due to the governance benefits through NollarsDAO. On this DAO, token holders gain a direct voice in key decisions, from treasury management to project development.
  • Cross-Chain Interoperability: The secure bridge between Ethereum Layer 1 and Nollars Layer 2 allows for seamless asset transfers, combining Ethereum’s security with the speed and efficiency of Layer 2.

Visit Nollars

Nollars Price Prediction

Due to the widespread volatility present in the crypto space, it will be challenging to make an exact prediction on the future $NOLA token price. However, many factors can influence this. 

Nollars network

Firstly, most tokens must provide some sort of utility to survive in the long term. In the case of Nollars – it aims to redefine DeFi with a secure, scalable, and transparent infrastructure. By combining innovative technology with community governance, it provides a future-proof platform that bridges the gap between Ethereum’s reliability and the demands of modern decentralized applications.

Furthermore, $NOLA token holders can access voting rights through the NollarsDAO – and be an integral part of the ecosystem going forward. Finally, the limited token supply of $NOLA (15 million tokens) can play a role in pushing up the price, especially when the demand increases. 

Conclusion

Nollars ($NOLA) is an innovative platform that combines Ethereum’s robust security with Layer 2 scalability, offering fast, low-cost transactions. Our how to buy Nollars guide has shown readers how to purchase $NOLA, the native currency, in four simple steps. 

Currently, $NOLA is available to purchase on presale for just $0.5 per token. The cross-chain compatibility, DeFi innovation, and governance features make $NOLA a top token to watch right now. 

Visit Nollars

FAQs

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References

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Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Shraddha
Shraddha
Editor

I was introduced to crypto because the television news studio I worked in was doing a segment on the sector.  The world was talking about Bitcoin but it wasn't quite the phenomenon it is today. The journalist in me rushed... Read More

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