Tokenomics is really a very important issue of any Initial coin offering or another crypto project. The hows and whys of implementing the currency unit within a project's ecosystem let users understand the true value of a token unit. Thus each potential participant and user of any platform that is related to the cryptocurrency market has to research attentively this topic before investing in this platform. We offer you to realize what is NTF for Nexty because this is a unique part of this Fintech ecosystem thanks to which many innovations are possible.
Nexty is a revolutionary Fintech ecosystem which has a lot of notable innovations that can be interesting to crypto holders, investors and businessmen. It has a large community with a high activity in social media. The project develops before our very eyes attending various meetings, festivals, and summits, preparing new technical documentation (this is about the Yellow paper that was posted a few days ago and now the community is waiting for the posting of the documentation's final variant) and offering different tools for its development such as bounty. It's time to check its tokenomics out to understand whether this project as good as its activity or not.
Website https://nexty.io/
Twitter https://twitter.com/nextyio
Telegram https://t.me/nexty_io
Facebook https://facebook.com/nextycoin
Whitepaper https://nexty.io/nexty-whitepaper.pdf
ANN thread https://bitcointalk.org/index.php?topic=2498919
What is NTF
NTF is a part of Dual Cryptocurrency Confirmation System (DCCS). It is not used in daily transaction but it is the reason for the most interesting and important part of the Nexty's offer. NTF makes transfers free of charge. You will not have to pay anything for your transaction and it's really incredible.
Probably, you know that it's already quite a mainstream for many cryptocurrency exchanges to reduce transaction fees. But the fact is transfers remain paid, anyway. But if you send any amount of digital currency by Nexty you will pay none currency unit for the service.
Who are NTF holders?
Actually, the general meaning of this part of the article the representation of NTF holders' rights. They are not the same as NTY holders' ones. Unfortunately, if you hold NTF tokens you will have no voice and won't be able to participant in making decisions about the project's future.
But there is very good news. NTF is the reason for internal mining of NTY. Thus NTF holders will be able to get the rewards in form of some amount of NTY tokens thanks to protocol Proof-of-Foundation. Furthermore, NTF is a tool for mining. Usually, mining is a very difficult process that needs plenty of equipment, electricity and various payments. Nexty makes mining much more simple. Generated NTY tokens by the Proof-of-Foundation algorithm are carculated as follows:
And here is the exclusive offer: the first 10 billion of NTY who would join Smart Staking program within 3 months get 1 NTF generated in an automatical way thanks to 10 thousand NTY in their wallet. After the lapse of 3 months, when NTY's supply is up to 100 billion, NTF tokens will be available in the market. Later the total amount of NTF will be limited to 19 million.
We hope now you understand the meaning of NTF tokens and realize how important and useful it is.
Boogabear
https://bitcointalk.org/index.php?action=profile;u=1949124