NEXX White Paper

This paper lays out the vision, tokenomics, and roadmap for the NEXX Crypto Mania project. We're taking a giant leap into the future, and we'd like you to join us in the future of user designed advertising for the next decade, owned by the community and was built by the community for the community.

White Paper Disclaimer

Please Read Before Acquiring.
This NEXX White Paper (WHITE PAPER) is intended to provide readers with information about the NEXX Coin, NEXX Smart Contract, NEXX Influencer Marketing Platform, and NEXX Advertising Platform and Apps.
It is intended to inform about the current design of the NEXX Coin and its technology as well as about the planned design.
This white paper may be updated at any time without notice. To ensure that you receive the latest information, you should visit https://www.nexx.io/whitepaper.html for the most current version.Errors and omissions excepted. The NEXX DAO, the initial DAO inner circle, and any other involved parties or service providers do not warrant that this white paper is accurate, correct, or current at any time.
This white paper is for informational purposes only and does not constitute any obligation or warranty to the user of the NEXX Advertising Network or the purchaser of the NEXX Coin.
This white paper and also the content of the website https://www.nexx.info/, any references made within it as well as any accompanying documentation (together the “Website”) are of purely informational nature. In particular, none of the information on this website should be construed as providing legal or financial advice by the NEXX project team (any private individual or legal entity involved in the NEXX project, in particular the team members mentioned on the Website itself, together the “NEXX Project Team”), nor does the NEXX Project Team warrant the actuality and accuracy of the information on the Website. The NEXX Project Team is not the operator of the NEXX Application. Therefore, any use of 'we', 'our' etc. within the Website or the accompanying documentation is referring to the NEXX Application, the NEXX Project as well as the NEXX Community and not to the NEXX Project Team respectively its members. The same applies in cases where there is no pronoun.This white paper and also the website https://www.nexx.info is not an invitation to purchase NEXX Coins. The NEXX DAO has not sold NEXX Coins at any time and will not sell NEXX Coins in the future. If you purchase NEXX Coins, you agree that you will have no recourse and will not assert any claim, suit, judgment, or remedy against the NEXX DAO, its affiliates, employees, or partners in the event the Coin loses value, the NEXX Technology ceases to function, or the Technology ultimately fails to perform as expected. Next Coins are not stocks or securities of any kind. They do not grant them any ownership or other interest in any organization, entrepreneur, or entity. NEXX Coins exist to facilitate your use of NEXX technology. They are not investments. There is no promise that they will increase in value. They are valuable only insofar as they are intended for use with NEXX Technology. For more information on legal notices, please see the Legal Notices section of this White Paper.

It is expressly mentioned that there is a total risk of loss with every cryptographic coin or token.
Therefore, you should only invest as much money as you can afford to lose.


Introduction

In large IT or financial projects, usually only a few rich corporations ever benefit and not their customers or users. NEXX wants to change this. NEXX is virtually the Robin Hood of startups and somehow the beginning of a revolution.The NEXX project shows that both a cryptocurrency project and a global advertising system can be run 100% by its community. Projects built on the foundation of community participation move away from rigid social structures and traditional ways of thinking, freeing us to find new ways to solve problems and relate to each other. NEXX's success is the unbridled collective strength of its individuals. With NEXX, not a few benefit, but all members benefit, which make the NEXX ecosystem popular and greater.


Abstract

Digital advertising is not effective. The market for online advertising has become completely non-transparent, fraudulent and also illegal, as countless intermediaries have both eliminated the original publishers and massively violated user privacy by spying on users' usage patterns across devices and sharing this data among these intermediaries for common use. The ruthless behavior of the intermediary industry in the advertising market leads to immense Internet traffic with high costs for users and slow page loads with the result that currently more than 800 million users worldwide use ad blockers. Publishers have lost more than 70% of their revenues in recent years due to this ruthless predation. Because of the ruthlessness of these middlemen, all parties involved have to endure massive disadvantages. Publishers face declining revenues, users feel increasingly hurt, and advertisers are massively cheated and can no longer judge the effectiveness of the purchased alleged advertising broadcasts at all. The solution is a decentralized, transparent digital ad market based on the blockchain. NEXX's blockchain-based advertising market is realized with its own open-source web browser (called NEXX.WEB) and a multifunctional global multilingual advertising platform (called NEXX.AD). NEXX.WEB browser gives users full control over your data, blocks third-party ads and trackers, making it much faster and easier to use. Users decide which and how often ads are displayed and are compensated via the blockchain with NEXX Coins for displaying ads. The control center of NEXX.WEB is NEXX.AD. NEXX.AD is both a web portal and an app, which represents a multifunctional multilingual global classifieds market, on which all participants can communicate with each other and also pay each other in NEXX Coins. The advertisements can be displayed both in the NEXX.AD advertising portal and on websites and apps of publishers, as well as via the NEXX.WEB browser, whereby the users alone decide how much advertising they consume. Since all processes are transparently logged via a private blockchain, fraud, data breaches and malvertising are eliminated to a large extent.


Vision

NEXX DAO is building a global influencer network and multifunctional advertising platform with its community, which is a mix of social media platform, classifieds, business directory, bonus and payment system. To achieve this, the development and management of the NEXX DAO will be decentralized, with decisions guided by the Inner Circle of the NEXX DAO and voted on by members using the NEXX Coin. The NEXX DAO will be run as a non-profit organization, with all NEXX DAO assets and revenues reinvested in the long-term success of the NEXX System.


The NEXX Coin Environment

NEXX DAO is building a global influencer network and multifunctional advertising platform with its community, which is a mix of social media platform, classifieds, business directory, bonus and payment system. To achieve this, the development and management of the NEXX DAO will be decentralized, with decisions guided by the Inner Circle of the NEXX DAO and voted on by members using the NEXX Coin. The NEXX DAO will be run as a non-profit organization, with all NEXX DAO assets and revenues reinvested in the long-term success of the NEXX System.NEXX is a BEP-20 token on the Binance Smart Chain, with future bridges to ERC-20 and other chain networks currently in development.


Sustainable earning

NEXX imposes automatically a fee of 10% for all transactions with NEXX tokens. The token holders may not claim the fees or any specific use of these fees from the NEXX DAO or any NEXX Project team members, nor have they any legal claim against any other third-party in this regard. Half of this fee is redistributed to the community over the NEXX platform www.nexx.info, proportional to the tokens that they hold. The other half (5%) is used both for the commission to the influencers and network partners and also for the costs of building the global advertising network.On this way this system incentivizes our community of holders who in turn support NEXX to make it a sustainable movement.
The unique thing about the NEXX ecosystem is that it counterbalances the speculative nature of a cryptocurrency with universal sustainability by first building a global influencer affiliate system and then a global user-based advertising platform, which both sustain the growth and value of the NEXX Coin. However, NEXX will no longer levy the 10% tax once the global network has strengthened sufficiently.


Tokenomics

Token Name: NEXX Coin

SYMBOL: NEXX Coin

The official Smart Contract is: https://bscscan.com/token/0x67390bA52b33c0d2850bA52B4939005D0798e0C1

Tokens in circulation: 9.999.999.999 (BEP-20)
There is a total of 9 Billion tokens/Coins in circulation.

Tokenomics

PLATFORM: Binance Smart Chain

Transaction Taxation: Every transaction is taxed 10%.
This distributes tokens back to the holders (5%) and generates affiliate commissions for the influencer.


NEXX Coin launch

Token launched on December 15th, 2021 via Fair Launch.

Private Sale for DAO Members
A Private Sale was held for DAO members who showed an early dedication to the project. A total of 80 BNB was collected at a price equal to launch price. All participants had their tokens airdropped upon launch. These funds were used for the initial pre-launch marketing campaign. These early DAO members have committed to holding the coin for the long term.


Summary

The NEXX Coin encapsulates classic reflections with the utility of a crypto based Advertisement Network. Holders will be able to earn passive income in the form of more NEXX coins, combined with the long-term value the NEXX System brings. The Advertising Network will not only provide a means of constant community engagement, but a path for continued growth of the project. On top of this, influencer which generate revenues on the DEX will get a perfect high profitable Affiliate commission System, that no Coin System had before. Every move Team NEXX makes, the community will be involved. Transparency is going to be our mode of operation and we look forward to not only building a household name, but one of the strongest communities in the cryptocurrency space.




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