Every passing day, there is an increasing discussion about, several and engagements with cryptocurrency. With the emergence of this technological innovation called digital currency, more traders and issuers visit the cryptocurrency ecosystem making use of several exchange platforms. However, while most people get to be familiar with the big names like Bitcoin, Litecoin and Ethereum, there are more to cryptocurrencies than these big names have to offer. With most of the cryptocurrencies experiencing a high rate of hacks and scams, security remains a serious challenge among several challenges being faced by the crypto markets. To address these challenges being faced by crypto markets by bringing transparency, efficiency, speed and security to cryptocurrency, Nexty platform was introduced.
What Is Nexty Platform About?
Nexty platform as technological innovation is a Fintech based platform powered by the blockchain that helps start-ups and small businesses raise funds from their communities in the best possible way. Raising funds remains one of the major problems being faced by small businesses and start-ups to sustain their business for long-run stability. With the Nexty platform, businesses and start-ups can raise enough money to implement their business ideas and sustain it up until mainstream. The Nexty platform has its cryptocurrency that is being accepted as a means of payment on the Nexty platform which is the NTY tokens.
NTY and BCC Compared
NTY is the acceptable cryptocurrency to be used on the Nexty platform. NTY tokens possess several distinct features like fast instant transfer which ensures that all transactions are being carried out speedily provided there is a steady network connection. A consensus algorithm that allows the users to earn a certain percentage of confirmed transactions and as such strengthening the platform's engagement in transactions confirmation. It has smart staking options that provide a room for investors to earn more profits by maintaining a minimum stake. Also, most importantly, is its Zero transfer fees which don't charge traders any extra cost for its speedy transaction delivery.
While Fintech regulates Nexty Platform, BitConnect BCC token's system is an open source self-regulated ecosystem. The BitConnect BCC token is unlike the NTY created to ensure the creation of wealth across the BitConnect community alone and not help business raise funds. One of the processes BCC uses in supplying token into the ecosystem is by staking. This is different from NTY earning profits for traders by staking. Another difference between BCC and NTY is that BCC being self-regulated token, subjects itself to three regulatory channels which are supply, demand and distribution of tokens.
Though different, but the NTY and BCC share certain similarities in that both tokens aim at addressing certain challenges being faced by cryptocurrencies in the market like ensuring there are security and privacy of transactions. This helps in narrowing the chances hackers and crackers will have when looking to break into the firewalls of both tokens. Both tokens also partner with the blockchain to ensure that through the use of the blockchain's smart contracts, transparency and efficiency is introduced into the working of the platform.
With more and more tokens making their way into the cryptocurrency ecosystem, it’s high time traders and issuers began looking away from the well-known cryptocurrencies and start trading with the others. Investing in the Nexty platform now is no doubt a profitable investment. With a clear future, one driven by determination and timely innovations, Nexty platform looks to be a leading platform in the coming years.
Telegram: https://t.me/nexty.io
Website: https://nexty.io