• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

NXQ: Revolutionizing Cloud Computing and Crypto

user avatar

by Giorgi Kostiuk

a year ago


NXQ Tokens, the official currency of NexQloud's cloud computing platform, offer innovative solutions for modern businesses, ensuring high growth potential through unique tokenomics.

NXQ Token Overview

NXQ Tokens are the currency of NexQloud’s decentralized cloud computing network. They serve as the utility token distributed to QloudNode operators who provide the specialized hardware. As businesses require NXQ tokens to access NexQloud’s services, a self-sustaining cycle of demand and value growth is formed. Demand for tokens is projected to increase at a compound annual growth rate of 16.3%. A halving mechanism reduces token distribution every four years to ensure supply constraints. Maruo Terrinoni, CEO of NexQloud, states, “This distinctive blend of increasing demand and limited supply establishes NXQ as a utility-backed token with considerable growth potential.”

This distinctive blend of increasing demand and limited supply establishes NXQ as a utility-backed token with considerable growth potential.Maruo Terrinoni

NXQ Tokenomics Advantage: Supply and Demand

Platform Growth: Every new business increases token demand, facilitating revenue reinvestment. Enterprise Adoption: Companies require NXQ tokens for decentralized cloud services. Speculative Interest: Proven scarcity model and real-world utility attract investors.

NXQ Supply Decreases Through Scarcity Mechanisms

The total supply is capped at 21 million, ensuring value growth as demand rises. Halving events occur every four years, making token acquisition more challenging. The fixed supply ensures token immutability.

The NXQ token system is set to reshape the cloud computing landscape and provide a blueprint for how cryptocurrencies can offer real-world utility and foster significant economic shifts.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Mixed Market Reactions to Indiana's Cryptocurrency Legislation

chest

Mixed market reactions to Indiana's cryptocurrency legislation following House Bill 1042 introduction.

user avatarMohamed Farouk

Market Activity Shows Controlled Volatility for Solana

chest

Solana's price movement reflects controlled volatility, stabilizing in the high 130s after a dip.

user avatarElias Mukuru

Polytrade Joins Integra Consortium as Lead Development Anchor

chest

Polytrade has joined the Integra Consortium as the Lead Development Anchor to enhance real-world asset infrastructure and support the tokenization of real estate.

user avatarDiego Alvarez

Chainlink Faces Resistance at $14.38 Amid Market Volatility

chest

Chainlink's price struggles to break through the $14.38 resistance level as traders express uncertainty about its near-term outlook.

user avatarKenji Takahashi

Deutsche Bank to Relocate to Revolut's Headquarters in Canary Wharf

chest

Deutsche Bank is reportedly moving into Revolut's current headquarters in Canary Wharf, signaling a significant investment in London.

user avatarMaria Fernandez

Bitcoin Cash and Sui Show Market Strength Amidst New Opportunities

chest

Bitcoin Cash (BCH) and Sui (SUI) are being closely monitored by investors for their market performance and potential growth.

user avatarGustavo Mendoza

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.