The scope of commercial payments on the Internet has expanded to enormous proportions. Almost every store has terminals for electronic payments, and most purchases are going through the Internet. Industry standards also have changed, to replace the usual and already familiar systems and algorithms, nowadays most of the digital payment platforms using the blockchain technologies and smart contracts.
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Electronic payments can also differ significantly, depending on the technologies and algorithms used. Modern projects offer completely different conditions for carrying out payments and transactions. One of the most promising projects in this sphere is the Nexty project.
Nexty’s main advantages
The developer’s team calls the main advantages of the platform are almost instantaneous user payments and no commission. These conditions for conducting transactions are realized at the expense of the unique cryptocurrency dual system. After ICO, two types of tokens - NTY and NTF - are released.
NTY is used to conduct transactions via the Nexty network and can be exchanged for fiat currencies or other cryptocurrency tokens through common exchanges. NTF is used as an additional token. Each month, a special algorithm — Proof of Foundation — makes a bonus in the form of a certain number of NTF tokens. The size of the bonus is calculated depending on the activity of the participants and the total amount of transactions carried out on the platform network. Developers report that over time the amount of remuneration will decrease, but it will not be to the detriment of users. The main cryptocurrency of the platform should grow in price in time, as well as additional because they are interconnected by functioning within the framework of one platform. Because of this factor, the amount of remuneration will be the same, or even higher, in terms of the popularity of the currency on the digital exchanges.
Also, the holders of the tokens have the opportunity to influence the development of the platform, taking into account advanced technologies and promising areas of project integration in the future. So the audience will be able to participate in the development of its own exchange of crypto-currencies, the optimization of user payments and other platform capabilities.
Also, the holders of the tokens have the opportunity to influence the development of the platform, taking into account advanced technologies and promising areas of project integration in the future. So, the audience will be able to participate in the development of its own exchange of cryptocurrencies, the optimization of user payments, and other platform capabilities. Due to the constant work of the Proof Of Foundation algorithm, 40 billion NTY tokens will eventually be released, which can meet the needs of all project participants and token holders.
Prospects for the Nexty project development
Soon after the ICO, there will be a release of its own software, which is specially created to work with the business. An integrated unique ecosystem can be involved in the work of many business models, thanks to the rapid implementation of user transactions and zero commissions.
As a result, users will be able to use the Nexty platform, as a regular electronic wallet. Thanks to the active development of the platform and the use of the latest developments in the blockchain, the project can become one of the standards of e-commerce for business and individuals.
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