Blockchain is everywhere
Today it is hard to find the part of our lives, which has not been affected by blockchain yet, and such trend has simple explanation: blockchain revolution is on its rise. It forces to answer one important question: does blockchain is needed everywhere?
Some companies try to tokenize real estate, some others – to create single database for all the cars on the earth and one more team strives to start revolution in the area of education. However, fintech remains the most demanded field and almost half of all projects belong to it.
We would like to attract you attention to the creation of marketplaces, which allow you to use tokens as the payment method. There are three most popular types of them:
• Marketplace had started as the decentralized project, and its own token is the only acceptable payment method. We cannot describe such solutions as efficient, because its success is based on the popularity of internal tokens, so if the volatility is high, nobody is going to use these portals.
• Marketplaces that are centralized, but they do accept the cryptocurrency as the payment method. This type is kind of rare ones, because there are not so much stable cryptocurrencies in modern world and the teams behind them do not care about token rate. For example, ETH team do not care about the price, because they want ETH to serve a lot of purposes, but not to be the payment method only.
• Marketplaces, which accept cryptocurrencies only. They seemed to be popular several months ago, but today most of them are suffering because the demand is extremely low. Some of them even start to accept fiat to solve the problem.
All the types have one common issue: it is hard to place items and set prices using cryptocurrencies because all of them are extremely volatile. Majors cryptos may be described as stable, but they are not suitable for micropayments, because of high transaction costs.
Price Stabilization System
Nexty team really want for thein project to become widespread and major cryptocurrency for everyday payments, such as purchases that is why Price Stabilization System will be implemented. For the first year of performance this technology would be controlled by financial experts and then it will be managed by decentralized automated solution.
It means that major token rate changes are almost completely eliminated. In addition, rates will be stabilized by smart staking program and limited amount of miners.
You should not think that token rate will not grow at all, it will grow stable, with no major fluctuations, which makes NTY perfect payment solution for most of marketplaces. Even more: it suits B2B portals great. However, it is not the only way for these tokens to be used.
Nexty offers everybody access to fintech solution with zero fees, no transaction delays and stable development. We consider this solution to become new Ethereum in the field of fintech, because no other system may offer such great conditions for both miners, users and startup owners. Do not miss you chance to get some NTY for affordable price!
Official Website- https://nexty.io/
AnnThread- https://bitcointalk.org/index.php?topic=2498919
Whitepaper- https://nexty.io/nexty-whitepaper.pdf
Blog- https://medium.com/@nextyio
Twitter- https://twitter.com/nextyio
Facebook- https://facebook.com/nextycoin
Telegram- https://t.me/nexty_io
Author https://bitcointalk.org/index.php?action=profile;u=1379266