• 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

Hyperliquid Continues to Dominate the Perpetual Futures DEX Market

chest

Hyperliquid remains the leader in the decentralized perpetual futures market, outperforming competitors in key metrics, while new challengers emerge.

user avatarZainab Kamara

Lighter DEX Sees Rapid Growth and Funding Success

chest

Lighter DEX has made significant strides in the decentralized perpetual futures market, recently raising $68 million in a funding round led by Peter Thiel's Founders Fund and Ribbit Capital.

user avatarSon Min-ho

Aster DEX Emerges as a Strong Competitor in the Perpetual Futures Market

chest

Aster DEX has seen a significant increase in trading volume and is emerging as a competitor to Hyperliquid in the decentralized perpetual futures market.

user avatarJacob Williams

US Stock Indices Surge as Oracle and Nvidia Lead AI Investment Rally

chest

US stock indices saw a notable increase on December 19, driven by a 53% surge in Oracle's shares and a 15% gain in Nvidia's stock, reflecting growing optimism in AI investments.

user avatarAyman Ben Youssef

Ripple Gains Conditional Approval to Launch National Trust Bank

chest

Ripple has received conditional approval from the OCC to launch Ripple National Trust Bank, enhancing regulatory credibility and institutional trust.

user avatarTando Nkube

Dormant Ethereum Wallets Reactivated After Years of Inactivity

chest

Dormant Ethereum wallets have been reactivated after years of inactivity, with significant amounts of ETH being transferred and staked.

user avatarKofi Adjeman

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.