✅Nexty Platform: the dual cryptocurrency✅

The cryptocurrency craze continues to rage worldwide. Blockchain currency is no longer viewed as a novelty, a get rich quick scheme or currency for shady deals involving drugs or guns, it is steadily gaining acceptance as a legitimate financial tool. However, early cryptocurrencies such as Bitcoin or Ethereum weren’t designed as currencies for everyday transactions and display some inconvenient properties that prevent their use as such. The new NTY (Nexty Platform) is different.

Disadvantages of traditional cryptocurrency

First, traditional cryptocurrencies such as Bitcoin can be extremely slow during transactions. A single BTC transaction can last for dozens of hours, sometimes days. Second, there are transaction fees that make using Bitcoin for small payments very inefficient. Third, the old cryptocurrencies aren’t exactly safe. All this makes the bitcoin and similar old-school cryptocurrencies very niche tools, more financial instruments than currency proper, not very useful as means of everyday payments or startup capital for small businesses.

Nevertheless, distributed blockchain currency is a very useful tool for small, starting-up businesses that resort to community funding to collect their starting capital. Not depending on the banking system is one less obstacle for an aspiring businessman who works online.

Advantages of Nexty Platform

The Nexty Platform is specifically designed for starting small businesses that work online, for electronic commerce. Why is it called a "platform"? It is called so because it isn’t just another "coin" in a long list, it is a compound system of two cryptocurrencies (NTY and NTF) and software to handle the wallets and transactions. Why is such complexity required and what advantages does it give?

• Rapid transactions. Forget about day-long waits during each transaction, Nexty transactions are instant;

• Free transactions. There is no transaction fee. The second, auxiliary NTF coin serves as the mechanism that eliminates transaction fees and is also used to confirm transactions;

• Price stability. The dual currency system also serves the purpose of ensuring stable exchange rates between Nexty and traditional forms of currency, with no sharp rises and falls.

The NTY currency is the primary form of Nexty that is meant to be used for transactions. Of course, nothing forbids anyone to mine the secondary NTF currency; this will further enhance the stability of the system, and there are incentives to mine NTF in the form of extra NTY mining benefits for those who hold NTF coins.

Nexty Platform is specifically designed as the cryptocurrency to be used to finance starting-up businesses in the field of computing and programming. Whether you are a game designer planning a video game of your own, a programmer with a brand new software tool or a website administrator offering unique services, Nexty Platform is perfect to organize collective funding for your project.

The team behind Nexty

The co-founders of the Nexty project are Ken Zeng (chief executive officer) and Thanh Dao (chief technical officer). Ken Zeng is a Singaporean-American businessman who has a background as a real estate trader and investor; Thanh Dao is a programmer, also with a background in real estate trading, a graduate of Cardiff Metropolitan University.

✅Official resources Nexty:✅

WEBSITE: https://nexty.io/
Whitepaper: https://nexty.io/nexty-whitepaper.pdf
ANNTHREAD: https://bitcointalk.org/index.php?topic=2498919
Facebook: https://facebook.com/nextycoin
TWITTER: https://twitter.com/nextyio
Telegram: https://t.me/nexty_io
BLOG: https://medium.com/@nextyio

Article wrote- https://bitcointalk.org/index.php?action=profile;u=1937264