What is Nexty

Nexty is looking to be a new currency platform that promises to change the way people paying for things. Nexty selling point is that it offers 0 transaction fee, near instant speed, and anti-inflation measure.

How does it work?

Nexty implements dual cryptocurrency confirmation system (DCCS) which consists of two different types of cryptocurrency: NTF and NTY, working simultaneously.
The first cryptocurrency, NTY (Nexty Coin) is utilized in the daily transactions. The second is NTF (Nexty Foundation Coin) it uses POF (Proof of stake), a coin algorithm designed for transaction confirmation system. Transaction confirmation system is based on a p2p (peer-to-peer) network with specific criteria to meet the predetermined condition for payments.

Why Nexty?

It was created with customers (coin holders) interest in mind.
With Nexty, the main focus is different. Nexty has a lot of policies to facilitate customer interest as the way of expanding itself. As mentioned above, Nexty is using a dual cryptocurrency confirmation system (DCCS) which includes NTY (Nexty Coin) and NTF (Nexty Foundation Coin). Besides being what drives the system, these currencies also benefit its holders. With NTY, NTY holders will be applicable to vote for currency decisions such as block-size expansion and mining speed. On the other hand, NTF holders will be rewarded with a certain amount of cryptocurrency generated by POF. However, be noted that the amount of NTF is very limited.

Also by holding the currencies, coin holder is joined into Nexty Smart Staking program which basically pays the owner interest based on the amount of currency they own and how long they keep the currency.

The first investors who join Smart Staking and own 10,000,000 pNTYs (100 billion NTY) will also be given 10,000,000 NTF.

With its development, Nexty will also select and fund several startups with potential in the Financial Technology field in order to support the Nexty network and preserves the Nexty’s long-term stability.

Nexty also has its affiliate system in place. With every pNYT (10,000 NYT) purchased, a referrer will earn 6% commission.

Nexty ICO

NTY is a ERC20 token, with the total supply amount of 11,000,000 pNTY (110,000,000,000 NTY) and 10,000,000 for NTF. The price of 1 pNTY is $1.4.

Personal Thoughts

I’ve been to quite a several countries who considered to be technologically advanced in the world such as Singapore, Japan, Korea, and England. However, none of these hi-tech countries gave me such amazement like China. Almost 90% of Chinese are making payments of any kind with a smartphone now. Even though it’s not cryptocurrency or Blockchain related, having the convenience of not stacking chunks of changes and cash is huge. Now with Nexty, I truly hope that the future of a cashless world is a step closer to reality. Together with the safety of Blockchain technology and 0 transaction fee of Nexty, this is one of a few projects that I truly endorse.  

Find out more about Nexty here:
Official Website: https://nexty.io/
Whitepaper: https://nexty.io/nexty-whitepaper.pdf
Facebook: https://www.facebook.com/nextycoin
Twitter: https://twitter.com/nextyio
Telegram channel: https://t.me/nexty_io
Medium blog: https://medium.com/@nextyio

DISCLAIMER: This post is for informational purposes only and should not serve as financial advice. The author of this post is NOT a financial advisor and it’s YOUR responsibility to do your own research and make your own decision.
Thank you for reading!
bitcointalk name: coinexchange2011
bitcointalk URL link: https://bitcointalk.org/index.php?action=profile;u=1344206
Nexty Wallet: 0x367f1f22ef52e91d42d60051dc60dfce303aac97



Comments

Post a Comment

Popular posts from this blog

Image
TALAO ICO REVIEW and in-depth look by Coinexchange2011 Greeting, the beautiful people of the internet. I’m Alex Ninh aka Coinexchange 2011 and today I‘ll be talking about a very promising ICO project name Talao. What is TALAO? Talao is expected to be an ecosystem for 100 million people freelancing today and within a decade that number is expected to grow to 500 million. This revolution we are witnessing is a dual revolution it is, of course, a technological revolution with blockchain technology, but it’s also societal revolution because it’s going to change deeply the way people can communicate and cooperate. So what we looking at,is the working industry is accelerating toward a work and demand model and this is due to three market forces. What is the current situation? On one side, we can see that freelance people talents are looking for more and more freedom as they want to choose their dream jobs and increase their revenue streams as well as control...
Read more
Image
Globatalent, Helping Hands for Talents From Poverty To be a fan and being supportive of your favorite athletes or clubs may seem easy. But how far would you go out of your way to show your support and dedication to them? It was never easy to be a sports sponsor as it obviously requires a tremendous amount of resources to invest in an individual or team. The costs to cover physical and mental programs, nutritionists and media are simply too high for an average Joe. Not only that, it’s hard to find a young talented athlete with an attitude that can make it to the big league, that's the payoff. Until now, only professional sponsors, wealthy individual or big sports brands with interest are capable of taking part in athlete investments. However, there’s a very promising ICO project name Globatalent that is looking to change that and better yet, gives the average Joes like you and me, the opportunity to actually support and invest in our favorite athletes. Let’s look at a...
Read more
Image
Globatalent is looking to be the big change in the sports industry by capitalizing on the new cutting-edge Blockchain innovation. What Is Globatalent? Globatalent is a platform where users can invest in athletes just like startups or Kickstarters. Globatalent is considered to be the only decentralized marketplace for sports lovers. It's main purpose is to support athletes, especially up and coming ones, to transform themselves into a stock-like entity. This means they are open for investors to support them in the early part of their career. Once the athletes step into the big league or better yet, become a superstar, the investors now have a valuable stock. These stocks or tokens, function just like regular stock which can be traded between stockholders and just like stocks with potential, it’s better to invest early when the price is low. How Does It Work? Globatalent gives clubs and athletes the ability to be funded by selling the right to earn parts of...
Read more