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Nash: First Decentralized Exchange with Twist - Passive Income

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Disclaimer: This is not a financial advice. You should do your own research. I'm not an expert.

Blockchain and crypto have been around for a while now. Too many people still don't know much about it. Buzzwords like Bitcoin, Ethereum, Litecoin or even FUD and FOMO are tip of iceberg. Trading crypto is not easy at all due to massive volatility. Bitcoin bubble from December 2017 has burned a lot of poeple. Most of them (including me) must deal with -80% up to -90% of initial investment. I believe brighter future is there but nobody knows when. Better be prepared. I might have interesting early adopter opportunity for you - nash.

CEX vs. DEX

With institutional investors wary of risks inherent to centralized exchanges (CEXs), attention is returning to decentralized exchange (DEX) models, says TABB Group

Decentralised Exchanges lack any midleman. That's the point and alpha & omega. Your funds are your responsibility, period (which is great btw). DEXs are too slow and too advanced (difficult) to operate with though. Nash has had challenging ambitions since day one - to solve all DEX problems and even beyond.

Taking 99% of all trades go through CEXs it might look like crazy idea or task. Well, the team is very talented and experienced and so far all they have done is smooth and revolutionary experience.

  1. Buying NEX tokens itself was superbly enjoyable experience. Chrome extension is easy to use and understand.
  2. Ability to buy token was done by lottery - great idea how to statistically avoid whales dominance and diverse equity.
  3. Website looks gorgeous and clearly proofs design ambitions and skills. Nash speaks outloud about need of user friendly UI.
  4. Referral program is fair and by far the most interesting one in the field. (will get back to it later).
  5. They really care about community. It's center point of everything. Word of mouth really means something for nash.

So if there is anyone who might be able to shake with this statistic a bit, it's definitely nash. Future will show us but we all can be part of it or even accelerate it.

NEX token

There is max cap of 50M NEX tokens. Half of it has been reserved for the nash team and private investors. It can be expected that those tokens will play very small role in the trading itself. The team will definitely hold it and private investors have usually bigger goals than catching x2, x5 or similar. So theoretically what matters is 25M NEX tokens. ICO value of 1 token was 1$.

Only a small portion of registrations were allowed to participate in ICO. Lottery led to diversity across countries, people and demands. Current holders of NEX tokens became nash community - the initial community members in general. I'm talking about 1k people.

##NEX token might become to be luxury - by staking
Bitcoin price touched 20k$ in Dec 2017. It's possible thanks to very small max cap (16M). A lot of people interested in buying bitcoin have to fight for it. My assumption is number of NEX tokens available for trading will be 25M at most. Not much bigger than Bitcoin's max cap.

There is Job's One More Thing - staking. With staking potential passive income comes into play. The whole model is designed transparently, easy to understand and even easy to imagine/compute. Formula is:

monthly volume * 0.0019 * 0.75 all divided by 50M max cap

Let me explain all variables in the formula:

  1. Monthly volume - all volume traded during a month
  2. 0.0019– represents 0.19% fee in volume (defined by nash team)
  3. 0.75 - represents 0.75% rate if you stake 1000 NEX tokens for 2 years. It all starts with 0.25% for a month, incrementaly growing towards 2 years.

Interested in potential and real numbers?

Let's start with worst case scenario. Bear market has been around for months.

Bear market sucks yet may generate 5k$ for you every month if:

  1. You stake 10k NEX tokens for 2 years
  2. Nash reaches the same volume of trading as Binance (The King of CEXs)

April 2018 shows much nicer numbers, don't you think? And it's still not ATH (all time high). Assuming bull market will come, you should be interested in being early adopter of nash.

Trades on CEXs represent 99% of all trades, nash and all of us should expect long and challenging journey. You can support it and help it to be much smoother and faster. Why?

I said I assume 25M NEX tokens will be available for trading. With staking in the play imagine all holders will stake most of their tokens. What happens? Less tokens available to trade. The law of demand and supply speaks loud I guess. If 50% of tokens will be staked there will be only 12.5M tokens available. Less than all bitcoins - voila, way to fortune sketched.

Become part of community, an early adopter

Right now signing up is possible only through referral program. There is no other way to sign up to nash. If you consider it and see value in nash here's my referral link for you to sign up. I would appreciate it.

Sign up to nash here: https://nash.io/referrals?code=2iYvwb

Using the link will:

  1. Allow you to sign up
  2. You become an early addopter, you'll get access to the nash soon
  3. You'll be part of referral program, able to share your own referral link and achieve more tickets for the lottery
  4. Chance for winning one of 30 prizes. Dolars represented by bitcoins are cool, but there are NEX tokens part of the prize! Remember - staking.

It will cost you 25$ in trading on nash in order to be eligible to win interesting prizes, follow official site to read more.

Thank you for your time, wish you the best in deciding what is the future of crypto and blockchain.

Nash: First Decentralized Exchange with Twist - Passive Income | Ecency