Nexty Platform Review

in #fintech8 years ago

Looking for an instant transfer platform at zero cost? The Nexty Platform, a Fintech ecosystem, is just the thing for you. This is the fastest platform in the market today with a speed of 2 seconds per transaction. It also boasts of a scalability of up to 2000 Transactions Per Second or TPS which is higher than most platforms. Also, it offers the lowest exchange price of 0.0001 compared to more popular platforms which can go as high as 9000.

The vision of the Nexty platform is to lead in what they call “future payment” wherein people can make payments without using cash for transactions made anywhere and anytime without any transaction fees. This ensures convenient and beneficial transactions for both consumers and businesses alike. The key elements of future payment are fast transactions, low fees, commitment to privacy and confidentiality, simple use and low volatility. Instant transactions are made through the Duo CryptoCurrency System which has two types of cryptocurrency - NTY or the Nexty coin which is the main currency for transactions and the NTF or what is termed the Nexty Foundation Coin which is the transaction confirmation system established through a peer-to-peer network. The transaction confirmation system works through a new consensus algorithm system called Proof of Foundation.

Nexty has a Smart Staking Program (SSP), a key element of its Price Stabilization System, is open to its investors who meet minor requirements. The Price Stabilization System maintains a monetary policy that aims to regulate the NTY tokens’ supply and demand. To participate in the program, the investor should have 10M pNTY or a package equivalent to 10,000 NTY. Participants will receive 10M NTF which is granted upon registration. NTF coins has very limited quantity and, thus, given high premium and brings with some exclusive features only for the owners. Some of the features are as follows: only the NTF holders have access to the transaction confirmation machines, are eligible for monthly NTY reward and are allowed to purchase major tokens at a very reasonable price.

The SSP has three types. One is the 7-day staking which has a short term effect, a 30 and 90-day staking with middle-term effect and the 360-day staking with a long term effect. Thus, the type of SSP availed of by the investor is dependent on their level of involvement. By availing of any SSP type, the assets of investors will gradually increase while maintaining the required amount on their Nexty wallet. Every after the staking period, the relevant bonus will be automatically added through the platform. The bonus is dependent on the how much investment was made and the time range. Naturally, the highest balance bonus are given to the 360-day staking SSP level.

As mentioned, the NTY is rare and limited. In fact, the smart staking pool is only a total of 40,000,000,000 NTY. This means that when all the NTY tokens are bought, then the Smart Staking Program will definitely come to an end.

It is apparent that the Nexty Platform has its own strength and weakness. Its very strength is the idea of instant transaction at a zero rates. However, the limited nature of the NTY coins might be its weakness since it may not be able to cater all interested investors.

Website: https://nexty.io
Telegram: https://t.me/nexty_io

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