Website - https://nexty.io/
Facebook - https://facebook.com/nextycoin
Twitter - https://twitter.com/nextyio
Telegram - https://t.me/nexty_io
Whitepaper - https://nexty.io/nexty-whitepaper.pdf
ANN thread - https://bitcointalk.org/index.php?topic=2498919
“Be fearful when others are greedy. Be greedy when others are fearful".
Warren Buffett
I want to share my personal thoughts about the Nexty’s ecosystem. Recently this Vietnamese project had finished the ICO with a successful reach of the hard cap. This platform is under development since 2015 and the team works on the service providing free and superfast transactions with cryptocurrencies.
The foundation of this platform is Nexty coin with major utility functions. Nexty Foundation token that is responsible for confirmation and verification of all transactions supports the whole platform. Such system is called Dual Cryptocurrency Confirmation.
First things first: what is Nexty platform?
You must understand one thing – Nexty is foremost a fintech ecosystem that uses its own blockchain and protocols. In addition to their own services, like exchange operations and mobile applications, Nexty is building the platform where new businesses and startupers can collect funds for realization of their ideas and tech product. Basiclaly, money will be given by Nexty in exchange for the share from the future profits of these startups. Such concept is surely not new, but it is interesting that the Nexty tea, works in both directions at the same – provides an exchange service with free and fast transactions and helps new businesses.
I insist that the Nexty has a greater potential than Ethereum, IMHO. If you have ever used Ethereum in 2018, then you have probably had to wait for a few hours to transfer ETH. Also, their transaction fees have recently increased as well. That is the big problem related to the huge target audience that this network has. Nexty aims to give a smart solution to all cryptoinvestors. That is why you may want to invest to this platform and buy NTY tokens.
Major highlights for Nexty’s ecosystem:
1. Price stabilization system (PSS)
I respect the Nexty’s platform because of their PSS. It provides the regular supply and demand for the major NTY token. The group of financial experts controls the exchange rates of NTY coins, at least, during the first year after ICO. Then these rates will be controlled automatically.
2. DCCS and PoF (Proof of Foundation)
I don’t want to confuse you with a lot of technical details. Read the Nexty’s whitepaper to understand the whole concept. In simple words, DCCS uses two different coins and the new consensus algorithm Proof of Foundation for the confirmation of all transfers. The transaction confirmation is based on p2p network with specific parameters to meet all operational requirements. Thanks to these technical specifications, the cost of each transaction as well as its time period equals zero or almost zero.
3. Smart Staking Program
If you keep your NTY tokens on your wallet within the platform, you can earn bonuses in the form of Nexty Coins. You can get bonuses (stakes) for freezing bought or earned tokens during 7 days, 30 days, 60 days, 90 days or 360 days.
Please, keep in mind that risky investments are possible even with the case of potentially ideal project with awesome concept and working product. Let’s support the Nexty project to avoid such scenario.
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