Nexty Platform is a Fintech ecosystem dealing with Cryptocurrencies whose aim is to help e-commerce and technology startups to raise fund from their respective communities’ location. It operates on a process referred to as Dual Cryptocurrency Confirmation System (DCCS). This is a system in which two types of virtual currencies are used for daily transactions. The first type used is known as NTY (Nexty) which is used as the main/principal operations currency.The second one is NTF (Nexty Foundation). This is used by transactions confirmation system. Unlike its competitors, Nexty platform does not make charges on every transaction carried out but uses a rather developed formula to generate income for miners. In this, for every 10billion NTY cryptocurrencies disbursed in the first 3 months; 10,000 NTY one NTF will be generated. That transalates to 1,000,000 NTF for every 10 billion NTY disbursed. The reward has a benchmark of 10,000,000 NTF in the first three months. The generated income forms the basis on which a miner can be allowed into building mining and transaction confirmation machine for NTY.
Another way of generating income is by crediting holders of NTF with NTY which is arrived at after dividing POF algorithm by the percentage of their amount of NTF over 10million NTF. Nexty has superior features that make it the most preferred platform to its competitors. Some of these features include; Dual cryptocurrency confirmation system
Zero transfer charges/fee
Fast transfer rate
User friendly applications
Price stabilisation ability
Secure smart staking program Customer privacy and Confidentiality assurance
Dual cryptocurrency confirmation system (DCCS)
This is the main feature distinguishing Nexty platform from other dealers. Here two parallel Cryptocurrencies NTY and NTF
(Nexty Foundation) are used in daily transactions. NTY is used as the main transaction currency whereas NTF is used to verify the transactions undertaken using NTY.
Fast transfer rate
All transactions transfer between the two parallel currencies in Nexty are done almost instantly and any possible delay can only be caused by poor internet connection.
Zero Transfer charges:
Instead of making charges for every transaction undertaken, those who are in possession of the NTF type of cryptocurrency are rewarded with a small amount of
NTY at minor rate at the end of every month. This allows the transaction fees to remain nil while still guaranteeing the benefits to the persons who contribute to transaction confirmation system.
Advantages of using Nexty Platform
Nexty makes use of user friendly applications and interfaces. This makes it simple to use by any person just a basic computer knowledge who intends to transact.
Loan facilities administration for ecommerce and tech company startups thus encouraging creating a viable business startups environments.
Smart Contract agreements between users which can be dully signed and certified using QR code on users’ mobile phones.
Nexty prices are predictable. The use of dual coin system gets rid of almost all sharp and drastic rate changes caused by online adventures interferences whose impact has led to the infamous nature of Bitcoin. NTY Cryptocurrencies are virtually meaningless and useless for Internet hackers but only ideal and convenient for its targeted audience who are mainly business and company owners.
Nexty platform target users are mainly online based entrepreneurs who are not very vast with operations of block chains and cryptocurrencies instead of cypto-geeks. Thus any aspiring entrepreneur is free to venture into this business.
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Website: https://nexty.io