What is Nexty Platform Project?

What is Nexty Platform project?

Nexty is a platform based on blockchain technology to help the e-commercial startups to raise funds from community. The startups themselves would create the ecosystem for Nexty. Nexty is a Fintech ecosystem which helps e-commerce and technology startups to raise funds from community

The impulse that cryptocurrencies have given to commercial exchange possibilities in digital media is indisputable. However, it has been demonstrated that when a cryptocurrency in particular when it grows in adepts it experiences serious problems such as the high transaction cost, and the delay in completing each transaction, which paradoxically makes it unusable for digital commerce operations that require immediacy. With the vision of being a cryptocurrency free of these problems, Nexty emerges, and we will talk about it here.

Next Platform's features:

Nexty costs nothing in transaction fees, as well as in time for transaction confirmation. These procedures that are real obstacles to electronic commerce in the micro-payment process are no longer a problem with Nexty. This is made possible thanks to the proprietary technologies of Nexty, Instant Transfer and Zero Fee.

Nexty was conceived by its developers to support companies of all sizes and areas to overcome trade barriers. Nexty has three decisive factors: instant transfer, zero transfer fees and price stabilization system.

Nexty itself has a cryptocurrency named NTY with various dominant features such as Instant Transfer, Zero Transfer Fees and Dual Crypto Currency

Dual Cryptocurrency Confirmation System includes two types of Cryptocurrency operating in parallel. The former called NTY, is the main cryptocurrency for using in daily transactions. The latter called NTF, is for transaction confirmation system.

With foresee as a mean of future payment, Nexty shall support businesses of all sizes and scopes to overcomebarriers of trading, to make the future possible, It is certainly commented in media related to the blockchain activity that there is an increase in Fintech initiatives especially for three reasons:

there is a strategic contradiction between technology and finance because the market realities foster short-term thinking. However, a forex platform is required with transactions that take place in a short time, and low costs of transferring funds. This can be fulfilled with the dual cryptocurrency confirmation system (DCCS) invented by Nexty. With the dual cryptocurrency confirmation system, all transactions will be transferred almost instantaneously at no cost.

Duo Cryptocurrency Confirmation System includes two types of Cryptocurrency operating in parallel. The former called NTY, is the main cryptocurrency for using in daily transactions. Thelatter called NTF, is for transaction confirmation system. Transaction confirmation system is built on a peer-to-peer network with specific criteria to meet operational requirements. The breakthrough here is that instead of charging per transaction, those who are the holders of thesecond type of cryptocurrency will be rewarded with a small amount of cryptocurrency at the minor rate at the end of each month. This will allow the transaction fees to be zero while still guaranteeing the benefits to the persons whocontribute to transaction confirmation system.This bonus is generated by the POF algorithm. 

The proportion of generated amounts is based on the POF algorithm to pay for the machinery and personnel operating the transaction confirmation system, helping to ensure that the two features of the cryptocurrency are superior for properly operating. However, NTF holders do not have the right to vote for NTY

currency decisions in the future, such as block size upgrades, mining speeds, transaction confirmation. The rights willbelong to NTY holders with fair votes.

Shortly after the ICO, Nexty will launch the RESTFUL API access on its Nexty.io website to work with other companies to build an ecosystem that Nexty can use as a currency or new payment method. With this combination, users will soon have access to the Nexty ecosystem and will use Nexty as a real wallet for daily transactions.

To learn more about Nexty, you can review :

1.Website : https://nexty.io

2.Telegram : https://t.me/nextyio

3.Twitter : https://twitter.com/nextyio

4.Facebook : https://facebook.com/nextycoin

5.Medium : https://medium.com/@nextyio

Author: tinhkhuat

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