Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
Categories: News

The Nexus Project Is Excited To Announce Its Most Recent Update, the Nexus Dubai Token

Omniyat, Dubai–(Newsfile Corp. – March 2, 2022) – The Nexus Project is excited to announce its most recent update, the Nexus Dubai (NXD) Token.

Nexus Token – NXD, is the network’s reward token with support for different networks. It’s built on the Polygon network, which is referred to as a 2nd layer of the Ethereum network that allows for quick processing power and decentralization based on “Proof of Stake,” a next generation consensus algorithm. Polygon is a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without risking security — Polygon was created to solve the scalability concerns that had been identified with Ethereum.

The Nexus Project, a bridging multi-network token that supports a variety of networks, is providing digital incentives for people’s daily consumption behaviour by a decentralized ecosystem.

Nexus Dubai Token – Multi Reward Token

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/8509/115389_c930e70ba4b8e8dd_001full.jpg.

Digital rewards/points services have moved from being a mere discount program to being used to increase customer’s engagement and loyalty to a firm in the web 1.0 ~ 2.0 era.

The Nexus Project aims to centralize digital incentives and digital points in the Nexus merchant network and use it as a ticket to the democratic and decentralized sector of cryptocurrency. This way, the project will evolve the digital incentive/digital point service as a Web 3.0 solution that does not rely on the issuing company by supporting the value of digital points through a proprietary token.

The Nexus Project intends to offer a digital payment infrastructure that will contribute to economic development by increasing accessibility. Thus, by integrating smart contracts, asset collateral, and personal authentication mechanisms, the project employs blockchain technology to facilitate not only small purchases but also signing and settlement of large purchases such as real estate.

Payment can be made easily at a wide range of places including retail stores and restaurants, mainly in Dubai and Abu Dhabi. By keeping the payment application updated, customers can be shown more attractive affiliated stores and recommended products. Plus, with a new improved common settlement a new economic zone will be created for all the UAE Merchant network. With the common payment system, users will be able to obtain goods and services conveniently and at a reasonable price wherever they go in the world.

Purchasing Nexus Dubai (NXD) Token

Signing up for a cryptocurrency exchange will enable investors to buy, sell, and hold Nexus Dubai(NXD) Token – both for fiat money and other cryptocurrencies. Some of the most popular cryptocurrency exchanges for trading in Nexus Dubai stock are currently MEXC Global, BitMart, and SushiSwap (Polygon).

Token Allocation

Public Share – 20%

Company – 15%

Incentives – 10%

Partner Programs – 20%

Staking of Service – 25%

Farming -7%

Staking – 3%

Social Links

Website: https://nexuscoin-dubai.com/

Telegram: https://t.me/nexusdubai

Twitter: https://twitter.com/nexus_dubai

Reddit: https://www.reddit.com/r/nexusdubai/

Github: https://github.com/nexus-dubai/nxd

Linktree: https://linktr.ee/Nexus_Dubai

Contact:
Company Name: Vertech Technology LLC
Address – 2501 One Business Bay Tower by Omniyat, Dubai, United Arab Emirates
Email: vetech.tjay@gmail.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/115389

Staff

Recent Posts

Gopuff Invites the World to “Bring The Magic” to Everyday Experiences with the Launch of Its Largest-Ever Brand Campaign

The imaginative, 360° campaign designed to capture the magic of the Gopuff experience debuts during…

2 days ago

Metals Acquisition Limited Provides Notice of Release of First Quarter 2024 Results and Conference Call Details

ST. HELIER, Jersey--(BUSINESS WIRE)--Metals Acquisition Limited ARBN 671 963 198 (NYSE: MTAL; ASX: MAC), a…

2 days ago

New UFC FIGHT CARD RUMMY to Feature Live Tournament, Fan Favorite UFC Athletes and More

UFC Partners With Magmic and Skillz on Launch/Kicks Off a 2-week Live Tournament April 19th…

2 days ago

Vaunt Marks First Cash-Positive Month, With Rapid Growth Highlighting Success in Tackling Empty-leg Flights

 - Launched in Q4 2023, Vaunt has reached $500K in annual recurring revenue, and 25,000+…

2 days ago

Nex and Hasbro Expand Collaboration to Transform Beloved Family Board Games Into Active Play Experiences

Three New Games Based on Classic Hasbro Titles Are Set to Launch Exclusively on Nex…

2 days ago

Franklin Templeton Announces Availability of Peer-to-Peer Transfers for Franklin OnChain U.S. Government Money Fund

The first U.S.-registered mutual fund to process transactions and record share ownership on a public…

2 days ago