INTRODUCTION
The reality of the fact that blockchain technology is the future of all industries especially the e-commerce is no longer news. At every point of transactions, unnecessary Cost for both transaction and transfer fee has been a nightmare for traders.Some of these Transactions get declined, delayed and unsuccessful at the most. Backed by Blockchain technology, The Nexty aims to put an end to this by providing a Transaction platform Packed with zero percent transaction and transfer fee for all its users.
THE NEXTY PLATFORM
According to the the Nexty website https://nexty.io, Nexty can be referred to as a Fintech ecosystem which avails e-commerce and technology startups to raise funds from community for all thier projects and investments. The Nexty platform aims to provide a level playground for instant transactions transfers, Zero percent transaction fees and dual cryptocurrencies (NTF and NTY) which helps in transaction confirmations. The Nexty platform has made provisions for its own Coin known as the NEXTY COIN (NTY) sequence Used for its operation and smart contracts operation which allows for the unique and smooth operation on the platform. Nexty is built on the Ethereum ERC20 blockchain and on smart contract tokenization.
WHY THE NEXTY PLATFORM
Dual Cryptocurrencies Confirmation System
The platform has created dual cryptocurrencies which run in parallel in the platform. These coins, that is, The NEXTY COIN (NTY) Is used for utility While the NEXTY FOUNDATION (NTF) is used for transaction confirmation system. How this works is that, when any transaction is being made with NTY, it will reflect into the belonging account instantly, and the transaction goes to NTF network for confirmation where no fees are charged.
Instant transfer
As part of the E-commerce nightmare is the issue of delayed transaction transfers, some do take as much time ranging from minutes to hours due to attestation and confirmation of transactions. On Nexty platform, this is not so, as there is provision of the Authentic-time Funds transfer wallets. This wallet transfers are either traditional or digital in nature, making it easy for both crypto traders and non -crypto traders. It is fast, instant, secured and no need for queuing for confirmations.
ZERO PERCENT TRANSACTION FEE
As shown in the Nexty comparison table below found on the website, The Nexty platform backed by blockchain technology operates a Zero percent transaction fee as against other platforms. No transfer fee for any transaction, though we realized Many platforms are functioning identically tantamount to Nexty like Ethereum, Neo, Ripple etc. This feature of The Nexty makes it flexible and convenient for the users.
SMART STAKING
As seen on the regular Staking platforms, wallets are kept online at all times, 24/7 to receive more coins as rewards or profits. Meanwhile on the Nexty platform, Smart staking Is employed. Here no online mode of staking involved, rather the coins are frozen and profits are cycled out in form of interest by weekly, monthly, yearly Cycles.
PRICE STABILITY
The Nexty blockchain platform is also equipped with a "price stabilization system". This features regulate the pricing process for all the users and creatively manages it in a dominant fashion as it corresponds to payment process and confirmations. With help of this system if NTY increases its value in result NTF value also increases.
TOKEN INFORMATION
Coin name: Nexty
Abbreviation: NTY
Algorithm: POW/POS/POF
Presale Date: December 12, 2017
ICO Date: December 19, 2017
Total coin supply for ICO: 11,000,000 pNTY (110,000,000,000 NTY)
Total POW: 4,000,000 pNTY
Total POS: 4,000,000 pNTY
Block spacing: in 1 second
Lest I forget, Nexty is already been listed on IDAX exchange and trading against BTC/ETH pair at a reduced rate.
Roadmap
CONCLUSION
In summary, The Nexty platform is a free to all platform where you get value for all transactions made with absolutely no charges attached to all transactions.
For Further Informations:
Website https://nexty.io/
Whitepaper https://nexty.io/nexty-whitepaper.pdf
ANN Thread https://bitcointalk.org/index.php?topic=2498919.0
Twitter https://twitter.com/nextyio
Telegram https://t.me/nexty_io
Facebook https://www.facebook.com/nextycoin/
Written by
Bitcointalk username : Joygalzz1
Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=1984580
You have a minor misspelling in the following sentence:
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I have been hearing of thiz zero transaction fee, i hope nexty will do well to implement it.
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