Introduction.
Cryptocurrencies like Bitcoin, Ethereum, NEO, EOS, NEM, Cardano etc were primarily intended to provide payment systems that is completely different from the traditional payment system; A system that meets global demand in all ramifications.
Several other cryptocurrency have also sprang up within the past few years in an attempt to provide a better payment system. It is however unfortunate that the envisaged payment system is yet to be achieved despite so many cryptocurrencies in existence.
Interestingly, Nexty is now taking a different approach which is anchored on blockchain technology + Nexty internal framework to provide a payment system that is anticipated by the masses.
What is Nexty?
Nexty is a platform based on blockchain technology to help the e-commercial startups to raise funds from community.
Actors behind Nexty is doing similar things with Ethereum but with additional features and unique approach.
Nexty operates a Dual cryptocurrency confirmation system (DCCS), in addition, NTY introduces other coin called NTF (Nexty Foundation).
NTF is used to verify transactions and can be liken to 'Gas' in the Ethereum setting/design while NTY is the main coin.
E-commence, online stores, startups will find Nexty platform very useful due to Nexty's working model.
What is Nexty doing differently?
Nexty is taking priorities in but not limited to the following:
š Instant Transfer
š Zero Transfer Fees
š Price Stabilization System
Other cryptocurrency were supposed to provide a fast transfer experience to users but failed due to increasing user-based.
Nexty's model is designed to operate on an 'Instant' instead of a 'fast' basis.
Transaction time is very important especially in terms of trading. A small change like just a second can cause serious changes in price due to cryptocurrency high volatility. This is why Nexty deem it necessary to provide instant transfer model.
Comparison of Nexty with other cryptocurrency.
Futhermore, transaction fees is considered very important in any type of trading as well as Cryptocurrency related activities. People will naturally use platforms with less transaction fees. Offering a Zero transaction fees will no doubt put Nexty ahead of other cryptocurrency.
Comparing Nexty transaction fees with other cryptocurrency.
Price stability is an important factor for any e-commence, online stores etc to consider in attempt to use any cryptocurrency as a mode of payment. This is why Nexty introduced the smart staking alongside other measures to achieve price stability.
Earn NTY through smart staking program.
Nexty smart staking is primarily aimed at achieving price stability.
Three(3) types of staking is available with a total of 40,000,000,000 NTY in smart staking pool. These include
š short-term staking
š Middle - term staking and
š Long- term staking.
Tabular illustration of different types of staking.
Interestingly, NTY is already listed and trading on IDAX Exchange. Nexty project looks interesting with all proposed goals and the huge advantages other other cryptocurrency. The team behind Nexty is also working hard to deliver on their Nexty project mandate to ensure success.
Note that I am not a team member of Nexty project. This material is for promotion and should not be used as a financial advice.
Official Links:
website: https://nexty.io/
Ann thread: https://bitcointalk.org/index.php?topic=2498919
Twitter: https://twitter.com/nextyio
Facebook: https://facebook.com/nextycoin
Telegram: https://t.me/nexty_io
Written by Rossey: https://bitcointalk.org/index.php?action=profile;u=2040218