The Reason Why We should buy Nxt Coin As Early As NOW
We already described each of Nxt, Ardor, Ignis and Jelurida and had an over view of how they are all related. Let us now go to the main point wherein there is a great potential of earning from getting Nxt coins!
500 Million Free IGNIS Coins
Like in 2016 when the Nxt team created Ardor as a custom asset on the Nxt platform, they decided to issue 1 ARDR for every 1 NXT that users have. That means they likely gave free money to all Nxt holders.
Ignis is currently in ICO funding and will be available in the market after 3 months. Ignis will have a total supply of 1 Billion IGINIS coins. Half of the total supply which is 500 Million will be distributed for FREE to all Nxt holders depending on their NXT balance at the time of snapshot of every Nxt account.
That means for every 1 NXT coin that you have, you will be given 0.5 IGNIS. That's a bunch of Free money! The snapshot will be some time in Q4 of 2017 wherein Ardor accounts will be created based on every Nxt accounts with the same private key.
For example, if you currently own 10,000 NXT coins, you will get 5,000 IGNIS coins for free.
If you wonder where the other half goes, 88% of it is currently sold in the ICO and 12% of it will be for development and marketing of the platform.
Nxt Will Probably Experience a Hype
As more people know about free money, more people will probably buy Nxt coins on the coming days, weeks or months before the snapshot will happen.
Also, Nxt is the funding currency of the IGNIS ICO.
These will most likely result to a price pump for Nxt coin.
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Solid post. Thanks for bringing this to our attention. I strongly advice people to only buy in to cryptos that have a solid background: A solid team, product, advisors, preferably VC investors, etc. Sell all cryptos that don't have this solid background. It's a waiste of money. An interesting website I found: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. Check for example: https://www.coincheckup.com/coins/Nxt#analysis To see the: Nxt Investment and research analysis.
I bought NXT after December 28, now what can I do with the NXT currency, does it have any value?