This trend is projected to continue as cryptocurrency is poised to becoming the currency of the future given the innumerable advantages and used cases. However, we are yet to get to mainstream adoption of cryptocurrency mainly because of several challenges, such as security, ease of use, scalability, inter currency conversion and others.
NEOX is the destiny of computerized monetary forms. It's not just for Ether or Bitcoin Holders. Our meeting has grown tremendously since 2020 and the system has undergone amazing new developments. We now have our own pool of data scientists, front-end and back-end designers, data analysts, associate and structural engineers, online sponsors, and change smoothing masters. So we have the best conditions for publishing and even more push our thing.
NEOX CARD
Neox card project aims to bring cryptocurrency into people’s daily lives in an easy-to-use way Our goal is to help people use cryptocurrencies in their daily lives as they do with Fiat currencies. this will benefit the entire cryptocurrency ecosystem. In fact, by incentivizing cryptocurrency users in their daily lives, the industry will gain more acceptance among regulators who remain skeptical. To achieve this goal, the Neox card will introduce market functionality, which will spur user adoption by improving the cryptocurrency conversion process.
Currently most of the crypto cards on the market allow conversion only from Bitcoin or Ethereum to Fiat currency. With this process, cryptocurrency holders who wish to pay using cryptocurrencies, must go through a 3-step process.
These steps imply that users have to bear different transaction fees and a lengthy process to get their money out of their wallets. with the Neox card we wanted to create a smoother process that would allow users to make real-time transactions with one transaction and one fee. The Neox card simplifies the use of crypto for everyday purchases.
DISTRIBUTION OF PROFIT AND DIVIDENDS
Neox tokens are issued on smart contracts, using the ERC20 protocol on the fully decentralized Ethereum blockchain. Quarterly profit sharing guaranteed by smart contracts. every quarter, distribution in the form of ETH will be made via smart contracts to all Neox token holders, which represents 50% of Neox’s quarterly net profit after management fees and operational costs. REINVESTMENT /TOKEN BUYBACK 20% of quarterly net profit will be reinvested in Neox tokens for token value growth. 5% of quarterly net profit will be used to buy back and burn Neox tokens to increase token value and provide additional liquidity. Quarterly Profit distribution: Distributed to token holders 50% Reinvested in NEOX token 20% Token buy back and burn 5%.
Why you choose NEOX?
NEOX is a Smart Contract Smart project that was built using the ERC20 platform.
Single Transaction Fee: With Neox Card, you don’t have to convert your cryptocurrencies to Bitcoin or Ethereum before converting to Fiat. This saves users the cost of multiple conversions as you can convert any cryptocurrency to fiat with a single transaction fee.
Security: The Neox Card is highly secured. In a case of security threats, user can lock and unlock the card from the Neox App.
Availability: The card can be used anywhere in the world and many merchants will accept it for payment.
Internal Exchange integration: An internal exchange will be integrated into the Neox App, this will enable users to be able to exchange their cryptocurrency anywhere and anytime.
Access to Crypto Credit: Users can apply for credit in the Neox App and this will be credited to your Neox Card as fiat.
team member
More Information
Website : https://neoxcard.co/
Whitepaper : https://neoxcard.co/wp-content/uploads/2021/08/White-paper.pdf
Medium : https://medium.com/@neox_card
Reddit : https://www.reddit.com/r/neox_card/
Twitter : https://twitter.com/neox_card
Youtube : https://www.youtube.com/channel/UC8mFZ-C9e8kqaQ-ikNL8f7g/videos
Telegram : https://t.me/NEOX_Official_Channel
AUTHOR
Forum Username: shadik007
POA: https://bitcointalk.org/index.php?topic=5355443.msg57749642#msg57749642
Smart Chain Wallet Address: 0xF4b0Af44B6F1c3Dcae2c969DF27c46Bf5947f8dC