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Latest Nxt Client: Nxt 1.11.15



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NXT Largest problem is Market Cap and Trading Volumes, NXT is still a standalone platform and has holders that are holding for the hope of a pump, But let’s be realistic NXT of 2014 has long gone.

Mastercoin/Omnicoin was basically replaced by NXT
NXT was replaced ETHEREUM
Yes NXT lost to ETHEREUM
Ethereum Could be replaced by Cardona

Look at the alternative digital solutions:
Myspace to Facebook
Napster to ITunes

NXT now has “NXT 2.0” Ardor which is the evolution to commercial enterprise and a new whole level of the blockchain space.

NXT can set a new path of direction that potentially leads to one billion Dollar plus market cap and 100s of million in trading per day.

That discussions of NXT being a crowdfunding platform are in the correct direction but what type of crowdfunding is the question the hope of big projects being built on NXT? Let’s be realistic the boat has left the harbour and will never come back.

NXT has all the legacy backbone that can support Digital Cooperatives, so the real question is what is a cooperative and why is it so important to NXT?

A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise".Cooperatives may include:
  • non-profit community organizations
  • businesses owned and managed by the people who use their services (a consumer cooperative)
  • organisations managed by the people who work there (worker cooperatives)
  • organisations managed by the people to whom they provide accommodation (housing cooperatives)
  • hybrids such as worker cooperatives that are also consumer cooperatives or credit unions
  • multi-stakeholder cooperatives such as those that bring together civil society and local actors to deliver community needs
  • second- and third-tier cooperatives whose members are other cooperatives

Research published by the Worldwatch Institute found that in 2012 approximately one billion people in 96 countries had become members of at least one cooperative. The turnover of the largest three hundred cooperatives in the world reached $2.2 trillion. If they were to be a country, this would make them the seventh largest

So how does Digital Cooperatives fit into the NXT Platform?

Asset Exchange = Digital COOP Shares

  • Under the regulation & Laws of Cooperatives in 100+ countries
  • Cooperative shares pay dividends to members
  • You can buy and sell shares
  • You give your shares away
  • Shares get past to family members in case of Death

Monetary System = Internal tokens such as Loyalty and rewards or stable coins
  • Monetary system has many options such as stable coins in local currency
  • Loyalty and rewards
  • Or simple internal currency with no fixed value for members usage

Cooperative laws also state that members have the rights to Vote
NXT has the Voting and poll function which caters for the members voting of the cooperatives.

SO why does a Digital Cooperative play a large role in NXT’S future and how can it boost the market cap to over one billion Dollars?

Central banks are the issuer of a currency but they also need to hold some form of reserves, the Gold standard no longer exists but they do hold foreign currency and other assets in reserve in the same way as wealth funds.

Countries have different reasons for pegging to the dollar. Most of the Caribbean islands (Aruba, Bahamas, Barbados, and Bermuda, to name a few), peg to the U.S. dollar because their main source of income is derived from tourism paid in dollars. Fixing to the U.S. dollar stabilizes the economies and makes them less volatile. In Africa, many countries peg to the euro. Djibouti and Eritrea, pegged to the U.S. dollar, are the exceptions. In the Middle East, many countries (including Jordan, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) peg to the U.S. dollar for the stability—the oil-rich nations need the United States as a major trading partner for oil. In Asia, Macau and Hong Kong fix to the U.S. dollar.

NXT = Dollar as reserve currency to the NXT Ecosystem

NXT Community should place themselves as the central bank to obtaining and investing Digital COOP shares as the Shares would be based on real time assets such as Real Estate, Agriculture, Tourism, Energy & Telecommunication infrastructure.

These shares would become the assets in real time behind NXT and pegging to the growth of the economy of NXT by real time Growth in real projects that create Jobs and economic development in the same way many countries peg their national currencies against the US Dollar

Why would this not work for real from within NXT?
Many people bought in to NXT at the peak when it was the time of the Ignis airdrop when various locations announced IGNIS airdrop has been completed and left new stakeholders of NXT holding a huge loss and now in the position to HODL.

Image of NXT has been damaged with the perception of NXT being DAMAGED goods and leaving institutional and crypto fanatics confused on the NXT & NXT 2.0 (Ardor) who? and what?

Most of all NXT holders will not invest into such activities as they already have the losses to heart due to the value drop and with NXT being pegged most of all to BTC does not help.

Most important example China and the Silk Road

More to come soon
« Last Edit: September 06, 2018, 06:48:22 am by CiviliXation »