Dear Nexybit Users,
This is Nexybit, the Revenue Sharing Cryptocurrency Exchange.
Nexybit will now offer an Initial Exchange Offering service to its users.
Nexybit, since launching its mining system on the 22nd of October has spearheaded its way to one of the top exchanges in World.
Despite the heavy competition, especially in South Korea, Nexybit has surpassed multiple top exchanges during the market downturn. At one point reaching over $200m in daily trading volume and consistently sustaining $100m worth of trading volume a day, Nexybit ranks from the top 20 to the top 40(source : Coinhills) exchanges in the world and is now a top 5 exchange in Korea.
Since the 22nd, the user-base has increased over 100% with more and more international signups by the day. The exchange completed over $4 billion worth of trades and added 20 new trading pairs.
The unpacking events have also consistently displayed why Nexybit is different from other exchanges. The first unpack unveiled a model where exchanges can work together and form partnerships. We became the first exchange to provide daily airdrops to exchange token holders on other exchanges.
The second unpack was the Super Holder concept. After launching this system, we saw the super holder user base grow from 0 to over 1,700. That means more than 1,700 users are holding more than 100,000 NXYs. This makes up about half of the circulating supply(361,257,100 NXYs, 30th of Nov. 2018) of NXY making it one of the most successful liberal lock up programs in the industry. Some exchanges ask users to lock up funds for months or even years!
By keeping communication channels open and by sharing more of the revenue back to the users on Nexybit, we have seen experienced a huge increase in the growth of the platform.
Continuing this trend we are happy to announce our third Unpacked service.
The November Unpack is our Initial Exchange Offering(IEO) Service.
Through the Nexybit IEO platform, users will be able to easily access highly vetted projects while project team will be able to run fundraising events on a safer platform with access to a list of verified investors.
To participate in a Nexybit IEO, users will also be able to participate using NXYs according to our plan to expand the use cases for NXY tokens.
These NXYs are partially locked up to protect the stability of NXY ecosystem.
The official launch of the IEO service is in December (fixed date will be released soon).
Nexybit will continue to deliver innovative new services and expand globally. Due to the recent influx of Indonesian(234 to 8,300 weekly visitors, 35x increase) and other South-East Asian countries, we are expanding into the respective countries through language support and community managers.
Additionally, Nexybit will be focusing more resources into our Futures trading services in terms of marketing and additional futures products such as Ethereum and Ripple.
The Nexybit Team