That's a great idea. But I have a question and need a answer. when you accept payment in Bitcoin, LTC, ETH and other alts. If the value of those alts suddenly drops sharply during the night, how do you handle it to be most effective?
Risks are always present when investing, but I really can’t understand how an asset can fall in price without any reason. The team will work on the project - the price will rise, everything is simple. Actually WerSalit, assets could fall if the corresponding team were found out to be SCAM or if they were to dump all the assets and move on. Asides from this, it is pretty much simple to achieve, like you pointed out.
Fortunately, this will not be the case. We are a legally bound company and have all assets already backed by sponsors and some related financial bodies within Nigeria.Is your company really already officially registered and has a transparent financial component? This has been extremely rare lately, and this is a huge advantage on which you should focus more attention. Yes indeed. We are registered in Nigeria on RC-2903759.
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That's a great idea. But I have a question and need a answer. when you accept payment in Bitcoin, LTC, ETH and other alts. If the value of those alts suddenly drops sharply during the night, how do you handle it to be most effective?
Risks are always present when investing, but I really can’t understand how an asset can fall in price without any reason. The team will work on the project - the price will rise, everything is simple. Actually WerSalit, assets could fall if the corresponding team were found out to be SCAM or if they were to dump all the assets and move on. Asides from this, it is pretty much simple to achieve, like you pointed out.
Fortunately, this will not be the case. We are a legally bound company and have all assets already backed by sponsors and some related financial bodies within Nigeria.
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That's a great idea. But I have a question and need a answer. when you accept payment in Bitcoin, LTC, ETH and other alts. If the value of those alts suddenly drops sharply during the night, how do you handle it to be most effective?
Hi leavolnhals
Thank you for your question. Please understand that we will not accept other alts, we will ONLY facilitate payments in NIRX, LTC, BTC, ETH and Fiat within our ecommerce marketplace.
In regards to price fluctuations, users of our platform have an option to use NIRX with discounts (where NIRX has been both socially and technically configured to stay stable) OR any of LTC,BTC & ETH; to transact. I think this is a very awesome deal. As expected, we cannot realistically control price fluctuations with the later stated (BTC, ETH and LTC), but can only control NIRX. For this reason, checkouts completed with these, will ONLY be calculated based on their current market prices. It goes without saying to assume that the payment process is judged at the end of the transaction and settled. It is important at this point to state that payments in ETH, LTC and BTC that gets necessarily escrowed at some point, will be converted to NIRX until disputes were settled amongst involved parties.
Our marketplace will encourage utilising NIRX, to phase out avoidable loss & ensure that merchants retain the value of their held assets. To incentivise this, for a limited we will allow tangible off prices for users chose to use us NIRX as their payment option. More details on our plans can be found in our whitepaper
Please indicate if you need further clarification on our project. I will be glad to assist you with answers.
Thank you.
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Good afternoon. What markets is your platform geographically created for? Or worldwide?
Hi, good day to you.
A super question. Our marketplace is planned to be global. But for the first trials, our focus centres on conquering conventional competition in third world countries within Africa.Now that's very considerate of you. The suffering is still too much. I hope nairacx can be a saviour. Yes indeed. If you can go through the whitepaper you will find that one of the key reasons for establishing NairaX is to achieve this.
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Good afternoon. What markets is your platform geographically created for? Or worldwide?
Hi, good day to you.
A super question. Our marketplace is planned to be global. But for the first trials, our focus centres on conquering conventional competition in third world countries within Africa.
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Good Morning all.
Very thoughtful and intelligent comments guys.
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Hi, what part of the tokens will be allocated for IEO? If the total number of tokens for sale is 10 billion - I think the remaining 6.5 billion will be distributed equally for ICO and IEO. Hi Dime,
6.5 Billion NIRX tokens will be legally reserved in the company's coffers. It will be locked for 1year and will not join the circulating supply.
Important to note, if there are remnant unsold tokens from the 35% of TS allocated to the upcoming ICO/IEO, it will be burnt forever.This is the right decision that the tokens will be burned, as some companies leave unsold tokens for themselves and then manipulate the price of the asset. Indeed Oprah.
Fortunately, we are a legal company and do not participate nor encourage negative price manipulation in our marketplace..
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Hi, what part of the tokens will be allocated for IEO? If the total number of tokens for sale is 10 billion - I think the remaining 6.5 billion will be distributed equally for ICO and IEO. Hi Dime,
6.5 Billion NIRX tokens will be legally reserved in the company's coffers. It will be locked for 1year and will not join the circulating supply.
Important to note, if there are remnant unsold tokens from the 35% of TS allocated to the upcoming ICO/IEO, it will be burnt forever.
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Hi, please tell me, can everyone participate in IEO and ICO, without exception? Can investors from all countries do this?
Hi Oprah, Exempted investors include member participants from the US. Please understand that reason is purely on legality grounds.
Hi, please tell me, can everyone participate in IEO and ICO, without exception? Can investors from all countries do this?
If I'm not mistaken, then anyone who has access to most cryptocurrency exchanges will be able to participate in IEO. I don’t know about the ICO, but I think there will be no restrictions. Yes indeed, the IEO is not restricted to any participating country or region.
Hi, please tell me, can everyone participate in IEO and ICO, without exception? Can investors from all countries do this?
Lol, and for what reason can they prohibit taking part in the ICO? This is not beneficial for the company itself. Surely, but to avert legal issues in future, we had an exemption as emphasized above sir.
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Today, an announcement appeared in the social networks of one exchange that they will soon add a coin that is associated with the e-commerce market. Is this by chance not about your project?)
Well, we'll never know Oprah
More details about exchange listings will be unraveled after both ICO and IEO. Dont you worry, you will definitely love what we have in stock.I hope so. In the near future, I plan to purchase your tokens using your offer with 15% benefit, and I would like your token to appear on the exchanges asap. Hi, how can I get a 15% discount? Is this a one-time offer? Or can it be used several times? No sir. It cant be used several times. The 15% offer is available at the first week of ICO only. The next discount comes as 7%.
Our sale scheme is geared towards token value preservance.It is very good that we can buy tokens at a discount several times. For example, I can buy them on the first day of the ICO and after 5 days the discount will be the same, 15%, right? Yes this is the same. As far as its within the same 7 day window.
Thanks. The next 7 days will be a 7% discount? Will it act as reusable for everyone, without exception? Hi,
Yes for every participation within the 2nd week, contributing investors receive 7% bonus. Please see lightpaper for more details.
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Today, an announcement appeared in the social networks of one exchange that they will soon add a coin that is associated with the e-commerce market. Is this by chance not about your project?)
Well, we'll never know Oprah
More details about exchange listings will be unraveled after both ICO and IEO. Dont you worry, you will definitely love what we have in stock.I hope so. In the near future, I plan to purchase your tokens using your offer with 15% benefit, and I would like your token to appear on the exchanges asap. Hi, how can I get a 15% discount? Is this a one-time offer? Or can it be used several times? No sir. It cant be used several times. The 15% offer is available at the first week of ICO only. The next discount comes as 7%.
Our sale scheme is geared towards token value preservance.It is very good that we can buy tokens at a discount several times. For example, I can buy them on the first day of the ICO and after 5 days the discount will be the same, 15%, right? I agree with you. Many projects, if they give the opportunity to buy tokens cheaper, are extremely limited offerings, which usually applies only to large investors. In this regard, the Nairax team shows the most loyal attitude towards users and investors. So glad that you understand my point. I should reward your intelligence.
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Today, an announcement appeared in the social networks of one exchange that they will soon add a coin that is associated with the e-commerce market. Is this by chance not about your project?)
Well, we'll never know Oprah
More details about exchange listings will be unraveled after both ICO and IEO. Dont you worry, you will definitely love what we have in stock.I hope so. In the near future, I plan to purchase your tokens using your offer with 15% benefit, and I would like your token to appear on the exchanges asap. Hi, how can I get a 15% discount? Is this a one-time offer? Or can it be used several times? No sir. It cant be used several times. The 15% offer is available at the first week of ICO only. The next discount comes as 7%.
Our sale scheme is geared towards token value preservance.It is very good that we can buy tokens at a discount several times. For example, I can buy them on the first day of the ICO and after 5 days the discount will be the same, 15%, right? Yes this is the same. As far as its within the same 7 day window.
Thanks.
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Today, an announcement appeared in the social networks of one exchange that they will soon add a coin that is associated with the e-commerce market. Is this by chance not about your project?)
Well, we'll never know Oprah
More details about exchange listings will be unraveled after both ICO and IEO. Dont you worry, you will definitely love what we have in stock.I hope so. In the near future, I plan to purchase your tokens using your offer with 15% benefit, and I would like your token to appear on the exchanges asap. Oh great. Thanks indeed for the support. Feel free to contact us via our support channels for any form of future inquiry.
Thank you
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Today, an announcement appeared in the social networks of one exchange that they will soon add a coin that is associated with the e-commerce market. Is this by chance not about your project?)
Well, we'll never know Oprah
More details about exchange listings will be unraveled after both ICO and IEO. Dont you worry, you will definitely love what we have in stock.I hope so. In the near future, I plan to purchase your tokens using your offer with 15% benefit, and I would like your token to appear on the exchanges asap. Hi, how can I get a 15% discount? Is this a one-time offer? Or can it be used several times? No sir. It cant be used several times. The 15% offer is available at the first week of ICO only. The next discount comes as 7%.
Our sale scheme is geared towards token value preservance.
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Good afternoon. As I understand it, does your company work using Proof-of-Stake technology? Have you also thought of adding other technologies to your project? This will increase its productivity and attract new users.
Yes indeed Camerali, Good afternoon. The POS algorithm will not be activated while we are still on the ERC-20 launch pad. This will be activated after we have migrated to our blockchain infrastructure. Details can be found within our current whitepaper.
Thanks you.
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Today, an announcement appeared in the social networks of one exchange that they will soon add a coin that is associated with the e-commerce market. Is this by chance not about your project?)
Well, we'll never know Oprah
More details about exchange listings will be unraveled after both ICO and IEO. Dont you worry, you will definitely love what we have in stock.
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Good morning all, PreSale ICO coming up fast. You can get 15% off at the first week of participation. More details in our recently released Lightpaper. Get yours now. Cheers for support.
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Top of the morning everyone.
How are you?
Don't hesitate to view NairaX Lightpaper and Whitepaper to get more information about NairaX project.
Thanks for your valued time.
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Hey. I wrote earlier that I really like your project, the idea and concept is really unique and special, but I still have a few questions. When do you plan to create your own blockchain?
Hi PastranaThanks for your question. NairaX will be swapping to owned blockchain in about a year from now based on our roadmap. Before then, we will firstly set up all necessary modalities that favor mainstream adoption of NIRX in other marketplaces asides from ours. Meanwhile, thank you very much for the support. We appreciate that very much. Kind Regards dear
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Hi, can I take part in Airdrop and then buy the project coins for the same wallet?
Yes Vlone, sure.
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