Nexty is a platform that allows customers to make transactions at no cost. It comes as good news to many cryptocurrency lovers who usually end up paying a significant amount to the network as they execute transactions.
For instance, while making a transaction on the ETH network, a person spends around $5.5 as network fees. This way, those conducting multiple cryptocurrency transactions on a regular basis end up losing a considerable sum of money. With Nexty, they don’t have to worry about the extra spends and make as many transfers as they wish.
In addition, Nexty’s cryptocurrency is designed to reduce the confirmation time for transactions to just 2 seconds, which is way faster than other cryptos that take anywhere between 4 to 45 minutes.
To be able to offer faster transaction time and zero transaction fees, Nexty is using the Duo Cryptocurrency Confirmation System (DCCS). This system operates using two types of cryptocurrencies NTY-the main cryptocurrency that will be used in the day-to-day transaction, and NTF- that will be used on the transaction confirmation system.
Nexty has set the maximum supply of the tokens at 180 billion, of which it will be offering 40 billion to the community through crowdsale. Rest of the tokens will be stored to support transaction confirmation operations. Mining will be carried out by NTF holders. The NTF holders will also get earning from a new concept, Proof of Foundation (PoF). PoF allows NTF holders to get small amounts credited to their accounts for every confirmation they handle. In addition, every month, holders of NTF will get a bonus in NTY calculated using the PoF algorithm.
Nexty is also simple to use and one can send money to any place around the world. One can also access the platform from their phones to make payments or monitor their account. The interface is also easy on the eyes, simple to understand and use.
Smart Staking Program
Prices of Nexty’s cryptocurrency will be much more stable compared to traditional cryptocurrencies. Nexty will use a Smart staking program to regulate demand and supply of their cryptocurrency. The program is categorized into four types namely; 7-day staking, 30-day staking, 90-day staking and 180-day staking. In order for one to enjoy reward from this program, they will need to keep a specified minimum in their staking wallet. Once the staking period (e.g. 7-day staking) is over, the owner of the wallet will receive a stacking bonus within a period of 7 days.
The first few investors joining the Smart staking program on Nexty during the first three months stand to get a unique opportunity to generate 1 NTF automatically for every 10,000 NTY in their wallet. The platform has set aside 10 billion NTYs just for this.
Smart Holding on Nexty
Smart Holding is a future privilege to the Nexty community. The Smart Holding program is set to go into action once the Smart Staking pool exhausts. Designed exclusively for the NTY token holders, participation in Smart Holding requires them to own at least 1,000,000 NTY tokens, locked in the wallet for a minimum period of three months. The participants in the Smart Holding program will be conferred voting rights, along with an opportunity to receive tokens from new projects using Nexty’s infrastructure. These partner ICOs will be providing 10% of the total tokens, for airdrop to the program participants.
In addition, the Smart Holding program also offers a range of benefits in the form of discounts on the NTY certified shops.
Learn more about Nexty at – https://nexty.io/
Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC or any of its team members. NewsBTC is neither responsible nor liable for the accuracy of any of the information supplied in Sponsored Stories/Press Releases such as this one.
