What is Nxt (NXT)?
Nxt (NXT) is an open-source, decentralized framework and platform which allows and facilitates the creation of new currencies, decentralized voting, DApps and DAO and has a native currency called NXT.
Nxt (NXT): History
Nxt was first proposed by anonymous Bitcointalk user and developer, BCNExt. It was announced in September 2013 as a 2nd generation cryptocurrency which inherited multiple features of Bitcoin but improved massively upon it. It was finally launched in November 2013. There was no ICO, but 21 BTC was donated by the earlier supporters of the concept. Total 1,000,000,000 coins were created, and they were proportionately distributed among the 73 donors. The source code was revealed entirely in March 2014.
How does Nxt (NXT) work?
More than a currency, Nxt is a platform which facilitates multiple blockchain based endeavors. They offer a ready-made solution for users, professionals, and even developers.
Normal user can use Nxt just as another cryptocurrency network for sending and receiving money,
Professional users can utilize the blockchain to offer financial instruments, records, and models, maintain public records & private records, maintain semi-public information, or create digital keys for physical assets. It can also be used to interchange different digital assets.
Developers can use the DApps support to build a completely decentralized app and host it on the network as well. They can also use the existing APIs to add functionalities to their programs.
For all these services, the users need to pay a fee using Nxt, the native currency.
How to buy Nxt (NXT)?
After creating a password for your wallet, you bough purchase some other popular cryptocurrencies. Then trade your currency in exchange. Ones you forget your password you will lose your coin s also. The coin is usually compared to Ethereum as they both have similar functionalities, so MyEther wallet is one of the most convenient wallets to store your coins safe. Then you can purchase the Ethereum to trade your coin.
Nxt (NXT) Price prediction 2018
NXT can be a profitable investment option. Nxt price equal to 0.334 USD at 2018-01-30. If you buy Nxt for 100 dollars today, you will get a total of 299.581 NXT. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-01-28 is 2.262 US Dollars. With a 5-year investment, the revenue is supposed to be around +577.56%. Your current $100 investment may be up to $677.56 in 2022. NXT price today is $0.335925 and the market cap value is $335,589,055. The current supply of NXT is 998,999,942 NXT, and the volume is marked as $18,662,900. Nxt Price today, Nxt price chart, Nxt history, Nxt exchanges, Nxt wallets, Nxt price prediction, where to buy Nxt, how to buy Nxt.