Why You Are Still Early To Join The NEXT.exchange Ecosystem

in #exchange5 years ago (edited)

The development process never stops at NEXT. Their team is constantly working on deploying great products that can be taken advantage of by individuals and businesses alike. They've been hard at work during crypto's longest ever bear market, while remaining relatively unknown throughout it. Below is a lineup of what the NEXT Ecosystem has to offer their community and the Blockchain industry as a whole: 

Hybrid Crypto Asset Exchange (NEXT.exchange)

Status at time of writing: Live.

NEXT.exchange is a hybrid exchange platform that provides traders with access to over 100 digital assets that are paired with NEXT, BTC, ETH, USD and EUR (with more fiat pairings on their internal roadmap). An interesting aspect of their exchange is that they provide each user with his or her own individual Blockchain wallet. Meaning that there is no central wallet from which funds are drawn to fulfill the trading process between users. They plan on allowing traders to export their private keys as they wish in the near future.

NEXT.exchange homepage.

NEXT.exchange isn't just focused on allowing users to trade Bitcoin against ETH and other ERC20 assets. Nope, they've integrated and are running numerous Blockchains simultaneously such as DASH, Syscoin, DigiByte, XEM, NEO, ECA, ColX and a few others. Trades carried out on their platform are executed directly between user wallets. Additionally, the fact that they provide users with individual wallets alleviates them from having a central weakness point in their architecture. Effectively allowing them to avoid the mistakes made by centralized exchanges that lead to significant losses in terms of user funds, not to mention trust. 

Own Blockchain (NEXT.chain)

Status at time of writing: Testnet

They take great proud in the Blockchain architecture that they developed in-house for almost a year. Their Blockchain features are:

  1. Masternodes (25,000 NEXT required as collateral).
  2. PoW (SHA-256, BTC merge mining)/PoS Hybrid with Seniority rewards.
  3. Instant Send.
  4. Private Send.
  5. Asset hosting.
  6. Short addresses.
  7. Z-Dag.
  8. Governance and voting. For more information on the Blockchain, click here.

Fully Decentralized ERC20 Tokenmarket

Status at time of writing: to be deployed in a matter of weeks.

The Tokenmarket utilizes the MetaMask plugin in order to allow users to exchange ERC20 type assets for Ethereum without having to log in or register an account anywhere. Trades are executed on a wallet to wallet basis. Zero third party involvement. Their Tokenmarket provides for a great way to carry out over the counter (OTC) ERC20 trades without leaving a large impact on the market.

NEXT ERC20 Tokenmarket.

Trade ERC20 assets (for example BAT (Basic Attention Token)) without any restrictions.

TL;DR

About NEXT.exchange

NEXT.exchange is a hybrid exchange platform based out of the Netherlands that aims to enhance the mass adoption and appeal of cryptocurrencies globally for both individuals and businesses.

The team behind NEXT.exchange has also created a unique Blockchain and decentralized marketplace for Ethereum based tokens.

What’s next?