Author: gunner719 - https://bitcointalk.org/index.php?action=profile;u=1964273
Disclaimer: The information contained in this article is for informational purpose only and not financial advice. Do your own research before making any investment decisions.
Note: below is my interpretation and my view from the project, not what they claim by themselves.
The project
Nexty is a cryptocurrency project having its own decentralized blockchain network with extraordinary features dedicating to make the world a better place than any other cryptocurrencies are delivering.
- Initial Total supply: 22,000,000 pNTY (1 pNTY = 10,000 NTY)
- Price: ~ $0.000558 USD
- Exchange: IDAX
The vision - A Bright Future for Daily Transaction
- Saving unnecessary loss for the world from huge transactions fee and opportunity cost of waiting for processing
- Enable cryptocurrency mass adoption around the world – more advanced technology access
- Empower ideas to be realized
The mission
- Assisting in raising funds as well as providing them the best fit of payment method. (Note: actually, any startups can participate in the Nexty platform and raise fund. It’s just that those specific companies the most from Nexty’s features and they focus on supporting them fisrt)
- Becoming the daily payment medium.
The features
- Instant Transfer: observe this stunning feature by yourself:
- Zero Transfer Fees: thanks to their novel Dual Cryptocurrency Confirmation System including the parallel operation of two cryptocurrencies NTY, is the main cryptocurrency for making transactions and NTF, is for transaction confirmation system. No NTY is charge when a transfer is made, instead, NTF is given to the network maintainers and NTF holders would receive NTY every month with a minor rate from the Nexty’s Proof of Foundation Algorithm. With that, users don’t have to pay while miners get paid.
Some people might think of NEO but this concept is different from NEO’s mechanism. NEO was the main currency and holding it you have GAS – the currency for transaction fee. Here you hold the rewards of transaction fee – NTF – to have the main currency – NTY.
- High scalability: 1800-2000 TPS, which is not an outstanding commitment compared to others, yet combined with the 2 features above, that is more than enough.
- Price Stabilization System: While most cryptocurrencies having near-similar attributes as NTY does are unstable in term of price, the Nexty team has a solution for their product: recruit a group of economics experts to manage the supply and demand ensuring price’s volatility is low, and utilize AI algorithm to learn from those specialists and take over their roles to automatically operate the system. Their Smart Staking program which requires participants to keep a certain minimum amount of NTY in their wallet for a period of time – depending on your scope of choice as follows:
o 7-day staking (short-term effect);
o 30 and 90-day staking (middle-term effect);
o 360-day staking (long-term effect).
The advantages
- The rise of Fintech and e-Commerce businesses within the 4th Industrial Revolution
- The poor performance with the lack of growth from other blockchain projects
The disadvantages
The skepticism of cryptocurrency in general within mainstream’s audience – both individuals and businesses - as wel as the market's downtrend in general.
The current performance
In term of technical progress:
Wallet both for iOS and Android: https://github.com/nextyio/nexty-mobile-ionic
Demo Payment Plugins for E-Commerce, including supported sties as Magento 2, Woocommerce and Opencart (coming soon: Shopify and Prestashop) https://github.com/nextyio/nextypay-opencart
Nexty Token Foundation smart contract: https://github.com/nextyio/ntf-smart-contract
Their smart staking program as the first dApp on the Nexty Platform has been released:
In term of business development:
They have raised quite an awareness of the project among the cryptocurrency community:
Got listed on Coinmarketcap
In negotiation with a huge exchange – to be announced in June
My mark:
Undervalued, High potential
Bonus: From what I got, their target price for the 2018 yearend is 1pNTY = $300 which means 1 NTY = 0.03 USD its current price is $0.00055. Do your math.
Should you have any further question, please visit:
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