What is Nexty Platform?
Nexty Platform is a blockchain-powered project aiming to provide users with zero-fee and instant payment method that still has an utmost security level of a decentralized network. Moreover, the team project envisions their product to be a Fintech ecosystem assisting online retailers and technology startups to raise funds from the community. Nexty has its own coin - NTY - to be used as the native currency of the network for all the services and transactions.
For those who want a deeper analysis, have a look at my previous Nexty Review Article in this link
Why You Can't Afford to Miss Before It Blooms?
Because it is practically potential. Once it blooms, you would be regretful for not getting some earlier.
How is that "practically potential" then?
Well, I would say it is because it addresses the currently serious paint points of not only the cryptocurrency world but also the daily life and solves it with the wisest implementation of the blockchain technology. Specifically, have a look:
1.Solve the awful transaction experience, including fee and the length of the process.
Dealing the tedious payment and fund transfer processes in our conventional daily life which requires a huge amount of fortune for just sending the money from here to there - not to mention days of working to get done, some of the brightest intellectuals come up with the application of the blockchain technology to sort it down. Yet their way of applying this innovative solution is still flawed, proven by the inefficiency of currently available cryptocurrency choices to replace fiat ones. And that is just the current situation, for the future, in the context of fast-growing technologies continue their trends, stuff like more AI & Robotics adaption in real life or the implementation of big data science in more fields would extremely boost the demand for transaction performance to be better, both in terms of speed and cost-effectivity.
And Nexty jumped into it with its novel concepts and solutions to resolve the problem once and for all: Leveraging their novel Dual Cryptocurrency Confirmation System (DCCS) which involves two types of cryptocurrencies working in parallel. One is NTY - which I earlier mentioned as the platform native cryptocurrency while the other is NTF (Nexty Foundation Coin) is used as transaction validation incentive, which means NTF will be utilized to confirm NTY transfer. Therefore, users won't be charged any amount of NTY to get their transaction done, while miners still have the motivation to participate in the network since they would receive rewards at the minor rate at the end of
sealing round ranging from 30-minute to 360-minute long for holding the NTF they get after confirming a transaction in the Nexty Platform.
With that breakthrough, Nexty has a stronger positioning (since the transfer would be zero-fee and instant) among the currently available blockchain networks. Need an overview of where Nexty is standing at? For your convenience:
Or if you are a skeptical person needing a real demonstration, have a look at their videos:
Better quality:
Or you can try by yourself with their wallet application right here:
2.What is even more: Price Stabilization System.
Ok, so far we've solved the technical performance, yet in order to be the daily life payment method, a cryptocurrency needs more. One of the core factors is its price stability. Initially, Bitcoin was meant to be a P2P payment currency but now no one wants to use it to pay for their daily transactions. Of course, who wants a currency which fluctuates that much every day? (Not to mention its giant transaction fee, which we have resolved above)
And the Nexty team came up with a solution: Price Stabilization System with an aim to keep the price of NTY coin stable for being a good daily payment method in practice. At first, this system would be run by economist experts, then, after their algorithm has learned enough from those experts, it would take control of the system and runs it automatically.
In addition, they also have a smart staking program as an effort to enhance the Price Stabilization System. It is a is monetary strategy to manage demand and supply. Specifically, users would be incentivized to sell, buy or hold NTY depending on the situation. And objective to the duration as well as the point of time they join the program, users would be rewarded accordingly as below:
In Conclusion
Once it is fully-deployed, the team would do serious marketing activities to get the news heard around the globe and eventually, it becomes recognized, and blooms.
Regarding the metrics, you see, the market is now in a downtrend and Nexty is also in the same situation, yet its ROI since ICO price is still positive, which is a good sign indicating the validity of project (while even some internationally well-known projects such as Trinity Network Credit is still struggling at prices lower than its ICO offer)
According to the team, their target for the long run of 5 years ahead would be 1 NTY = 1 USD and later keep it stable at it thanks to their Price Stabilization mentioned above. And that is like 2525 times compared to the current price. What a ROI!! If you are not working frequently in the cryptocurrency yet still wants to do what you always say "I wish I had bought bitcoin 5 years ago and left it just there, now I would have a fortune". Well, my friend, seize the opportunity or not? It's up to you.
So, for those who are interested in the project after reading my article, where to get some Nexty coin?
Nexty coin - NTY - is listed on IDAX, so you can register an account on it to get some.
Nexty coin is listed on IDAX at: https://www.idax.mn/#/, get yourself sign up and buy as much as you desire.
Learn more about the project here:
Website: https://nexty.io
Telegram: https://t.me/nextyio
Facebook: https://www.facebook.com/nextycoin/
Twitter: https://twitter.com/nextyio
Author: Bitcointalk username: rueisnax (a.k.a. Vincentle — Le Huu Quang Vinh)
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Disclaimer: Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.
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