The advent of cryptocurrency has changed the way transactions are being done. One of the main reason bitcoin was created was to facilitate transactions and reduce transactions fees. Despite the numerous successes recorded in blockchain and cryptocurrency world, transactions fees are still high and in some cases also the same amount with the amount been transferred been transferred, transactions are also relatively slow.
One of the greatest pitfall of cryptocurrency that has hampered its total acceptance and use is its volatility. This has hinder companies from accepting payments in bitcoin and other cryptocurrencies as they can fall and lose significant value in minutes.
There are more than 2000 cryptocurrency but yet most can’t be used by start-up nor integrated into businesses.
THE PROBLEM
• High Transaction fee
• Slow transactions
• High Volatility of cryptocurrency
• Cryptocurrency not meeting the needs of business and start-ups
The Solution
Nexty is the solution to the problems I outlined above, it’s core characteristic are:
- Zero Transfer Fees: Zero exchange fees required for transactions regardless of the amount involved
- Instant Transfer: Transactions occurs immediately
- Price Stabilization System: Staking system prevent price volatility
- Nexty API for Business: small and big business can integrate Nexty wallet via Nexty API and enjoy fast and instant transfer for money.
About Nexty
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Nexty is a platforn that helps start-ups companies to get funding from the community. The system's internal token is NTY, which has properties such as Instant Transfer, Zero Transfer Fees, and Dual Cryptocurrency. It has price stability mechanism the control price volatility.
Double Cryptocurrency Confirmation System (DCCS) means two Cryptocurrency working in parallel. The first NTY, is the primary cryptocurrency for utilizing as a part of everyday exchanges. NTF (Nexty Foundation Coin), is for exchange affirmation.
Only NTF holders will be given the opportunity to mine pNTY.
In a nutshell, NTF will be used to verify NTY transactions and holders of NTF will receive rewards at the cessation of each month.
NEXTY STAKING SYSTEM
For the first time in cryptocurrency world, we have a platform that is intentional about taking its volatility and stabilizing its price making suitable for business and individuals to use it for day to day transactions. The smart STAKING program is a mechanism for controlling the demand and supply of the Nexty token. They are three programs designed to target the short-term, middle-term and long-term stability of price.
They are:
_7-day staking
- 30-day staking and 90-day staking
- 360-day staking
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Nexty For Start-up
Nexty For Bussiness: Nexty will allow businesses use Nexty as a form of currency which can be easily integrated with Nexty API, with price stability in check, individuals and business don’t need to bother about the value of their currency as is the case with other cryptocurrencies.
Entrepreneur and visioner in the cryptocurrency world even fail in ico, Nexty is here to fix this by giving them a chance to raise funds through their platform. This will bring about growth in Nexty platform.
Nexty Specifications
Coin name: Nexty
Abbreviation: NTY
Algorithm: POW/POS/POF
Presale Date: December 12, 2017
ICO Date: December 19, 2017
Total coin supply for ICO: 11,000,000 pNTY (110,000,000,000 NTY)
Total POW: 4,000,000 pNTY
Total POS: 4,000,000 pNTY
Dev & Team: 2,000,000 pNTY
Marketing: 1,000,000 pNTY
Minimum stake age: 7 days
Maximum stake age: 360 days
Block spacing: in 1 second
For more information about this project kindly click on the links below;
https://nexty.io/
https://bitcointalk.org/index.php?topic=2498919
https://nexty.io/images/nexty-whitepaper.pdf
https://twitter.com/nextyio
https://facebook.com/nextycoin
https://medium.com/@nextyio
https://nexty.io/faq.html
Written by:
Oghenejivwe Patrick
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1718700;sa=summary
Next Address: 0xd1f5f799e75637b58f84115ae5fa1910866ef4f3