• 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

10 months 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

Tokenized Private Credit Surpasses Traditional Assets in Growth

chest

Tokenized private credit has shown remarkable growth, surpassing traditional assets due to competitive yields and structural advantages.

user avatarTenzin Dorje

Binance Coin Demonstrates Resilience in Volatile Market

chest

Binance Coin (BNB) demonstrates resilience in a volatile market, currently trading at $1,099.53 after recent fluctuations.

user avatarMohamed Farouk

Market Dynamics Favor Bitcoin as Gold Enters Markup Phase

chest

Gold's markup phase may lead to a capital rotation towards Bitcoin, according to Joao Wedson's analysis.

user avatarBayarjavkhlan Ganbaatar

Bitcoin Outperforms Gold with 8% Gain

chest

Bitcoin has gained 8% against Gold since October 18, indicating a potential shift in investor preference.

user avatarElias Mukuru

Bitget Lists Meteora MET on Universal Exchange UEX

chest

Bitget announces the listing of Meteora MET in the Innovation and DeFi Zone, enhancing trading opportunities in the DeFi market.

user avatarDiego Alvarez

Federal Reserve Signals Shift Towards Quantitative Easing

chest

The Federal Reserve has indicated a potential end to quantitative tightening, which could lead to increased liquidity in the market.

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.