NEXTYCOIN: THE PIONEER CRYPTOCURRENCY TRADING PLATFORM WITH INSTANT AND ZERO FEE TRANSFER CHARGES

lollyk (35)in #ico • 6 years ago (edited)

INTRODUCTION

There is no arguing the fact that the crypto system and the crypto community are fast growing while also adapting to innovative and advanced technology. In the nearest future, mode of transactions will differ immensely from the traditional ways. This is made possible by the advanced smart contract and decentralized blockchain technology which has provided a means where transactions could be made instantly and with zero transaction fee. The future payment system will as well enable people to make payments and purchases anywhere, and any time without cash. Nexty is making possible a platform that will support businesses of all size and scope.

PROBLEM STATEMENT
Revolutions in the information technology has not gotten to a point where consumers are given a better user experience. This is because effecting the change quickly is not very feasible. The banking system is clumsy, especially in international payments where transfers take one to three days to take effect.

Payment tools like credit cards as well as online payment systems do not guarantee a transaction that is secured while on the other hand incure high transaction fees.

Cryptocurrencies recently were promising in solving these problems when they offered near instant transactions for international payment. But when the population of the platform increased greatly, the platform also became slow.

PROJECT SOLUTIONS

Nexty is on board to provide solution to the problem of the existing technology. With three key goals in the plan Nexty will support all business models while overcoming the barriers in the system. These 3 deciding factors are:

Instant Transfer;
Zero transfer fee;
Price stabilization system.

With these goals in mind, Nexty will be able to support the future payment system which will be committed to privacy and confidentiality, simple to use and non-volatile.

HOW NEXTY WORKS

Nexty has invented a duo ccryptocurrency confirmation system (DCCS) which supports near-instant time transactions at no cost. The near-instant time is due to the delay that may result from internet connection. The DCCS consists of two ccryptocurrencies running parallel. The former which is NTY is the main currency of the Nexty platform in which daily transactions will be effected. The later is the NTF which will be used for transaction confirmation systems which is built on peer - to - network.

Nexty innovations is that instead of charging for every transaction the holders of NTF will be incentivized with a small amount of cryptocurrency at the end of sealing round. This keeps the transaction price at zero whilst still reaping benefits those who make a contribution to transaction confirmation device. This bonuses can be generated by way of the PoF set of rules.

TOKEN INFORMATION
The token of the platform is the Nextycoin, NTY, supplement by the Nexty Foundation coin NTF. The NTY operates with an algorithm of proof of foundation (PoF). At leats a total of 220,000,000,000 NTY will be made available while a total of 10 000 000 NTF for initial supply. The platform has a target of 1 NTY exchanging for 1 USD over the next 5 years of operation. The tokens are available through the platform's ICO.

THE PROJECT TEAM
The project is handled by a group of experienced people