Introducing Nexus Project: Network Reward Token
Blockchain technology enables quicker, lower-cost, and more secure payment systems, as well as a distributed ledger that can foster trust among participants. Although blockchain began as a support platform for digital currencies, it has now been implemented into a variety of industries, including payments. In actuality, the traditional payment system has been riddled with flaws and urgently needs a revamp. In many circumstances, it might take days to conduct a transaction with additional costs and low security. This is why people are hesitant to use payment methods to keep or transact....
Related News
PRESS RELEASE. On December 21st, 2020, the Nexus Protocol white paper was released. The new internet will be driven by a blockchain-based operating system (LX-OS) and communications protocol (Nexus Protocol), that will be connected by a distributed satellite-based mesh network. The white paper contains technical specifications and mathematical models that showcase and prove the viability, value proposition, and practicality of this novel architectural framework. Network Architecture Web 3.0 or Decentralized Web (DWeb), has been coined as the next evolution of the internet, with the promise....
By transitioning to a fully DAO-governed model, Nexus could expand its userbase and iron out tokeneconomic friction. In a move that could point towards greater decentralization and wider access, the Nexus Mutual community is currently considering a proposal to sunset the coverage protocol’s legal entity and lift Know Your Customer (KYC) burdens currently necessary to interact with the platform.The proposal was announced yesterday in a Tweet by investment fund 1kx co-founder Christopher Heymann. In it, Heymann notes that Nexus originally launched with a “a UK-based limited company” in order....
PRESS RELEASE. PotCoin (Ᵽ) is migrating over from their legacy blockchain to Nexus (NXS). PotCoin has made Nexus their platform of choice, with the confidence that together they will best serve the growing cannabis industry. The recreational and medical cannabis market in North America already accounts for roughly $17.7 billion in 2021 and is forecast to reach 47.3 billion by 2027 [1], an estimated 44% annual increase. As cannabis continues to be decriminalized and legalized around the world, the potential for economic growth is exponential. After much consideration, PotCoin....
Adding a token hard-cap and introducing "halvenings" will make HNT tokenomics easier to understand, say project contributors.
Integration across multiple DeFi platforms and consistent insurance payouts after major hacks appear to be boosting WNXM’s fundamentals. There is always going to be risks involved with interacting with cryptocurrencies and recent proof of this can be seen over the past few weeks after savvy hackers managed to abscond with millions of dollars worth of tokens from Bitmart, AscendEX and BadgerDAO exchange. Nexus Mutual is a decentralized platform that allows investors to secure insurance coverage against smart contract exploits and today the altcoin rallied by 38% even as Bitcoin and the....