NioShares (Nio) is a program that supports innovative talent in a simple, secure and technical manner. The NIO ecosystem provides Nioshares Coin (NIO) with the purpose of financing and maintaining these talents and their new startups. Holders of NioShares will be able to vote and, depending on their voting eligibility, choose the most innovative and promising ideas. < strong > < / strong > < / p >

Nioshares cryptocurrency uses QUARK mining algorithm. Quark is a lightweight encrypted hash function based on a single level of security and sponge construction. In order to minimize memory requirements, the Quark algorithm relies on PoW/PoS + Masternodes mining .