NairaX has now been featured on Coingecko.
CoinMarketCap will be next after IEO.
Thanking our community for the unending support.  Wow, its very cool. I believe the CoinGecko site is underrated. Recently, I have been using it exclusively, as it has more coins and tokens than Coinmarketcap. Perhaps you are partially right, this website is really underestimated, as this website is extremely informative but Coinmarketcap is more convenient. You just hit the nail on the head. Been awhile Oprah, I hope you are well? Cheers. So as a stablecoin with 10b total supply that has parity with the Naira, you'll fully collateralize the token with fiat, right? How will you address transparency issues and what collateral model will you be using? What will be the frequency of company's audit? Hi Bowtiesarecool nice to meet you. Well laid questions I must say. Its 10b in TS all right, but over 70% of it is locked for a 1year period from completion of IEO. 35% is available for both ICO and IEO. Any remnant unsold tokens from this 35% would be burnt in accordance to schedule. The residual supply would serve for the circulating supply while we buy back as much tokens as available in the market afterwards. This is one out of our many strategies for maintaining token value. Yes! NIRX is fully collaterized with Naira. Since 2017, we ran coordinated surveys (in advance); to mine data from our projected userbase which basically constituted more SMEs who recently commenced exploring new interests in crypto. The fiat Naira isn't in a very good spot right now due to bad decisions by our government in Nigeria. This made it possible to have lots of local backing from right within Nigeria via investors, businessmen, financial houses and sponsors. Via our still-developing ecommerce platform, a utility is being established for NIRX to keep all our backers engaged for profit. Currently, NIRX stands as the first ever project of this status from Africa. This puts NIRX in a virgin market space. One word comes to mind: Organic Adoption. In regards to transparency, well our company is very much registered in Nigeria (RC2903759). We are glad to show the necessary documentation anytime sir . Kindly, you might also want to see our token distribution chart, we intend to maintain it. In summary, our company hopes to organically earn trust over time in good faith. We'll be having audits bi-annually at a 6 month interval. For each of these sequences we will burn some NIRX tokens to suppress any dire possibilities of inflation. I would be glad to assist you further if you have more questions. Do have a great day  |
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NairaX has now been featured on Coingecko.
CoinMarketCap will be next after IEO.
Thanking our community for the unending support. Wow, its very cool. I believe the CoinGecko site is underrated. Recently, I have been using it exclusively, as it has more coins and tokens than Coinmarketcap. Perhaps you are partially right, this website is really underestimated, as this website is extremely informative but Coinmarketcap is more convenient. You just hit the nail on the head. Been awhile Oprah, I hope you are well? Cheers. |
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Hi All, I bring you good news. The commencement of our cashdrop program has been shifted backwards from 31/07/2019 to 22/07/2019 ( https://www.nirxblock.com/cashdrop). We made the modification based on demand from prospective investors on ICObech and ICOholder. We invite all interested participants to take advantage of the cashdrop. The gateway to be opened at 12:00 GMT time. Don't miss it. Cheers Tis over right? Cashdrop I is completed, While Cashdrop II runs up until 28/08/2019 before the commencement of the ICO. |
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NairaX has now been featured on Coingecko.
CoinMarketCap will be next after IEO.
Thanking our community for the unending support. Wow, its very cool. I believe the CoinGecko site is underrated. Recently, I have been using it exclusively, as it has more coins and tokens than Coinmarketcap. Well, I guess time will tell mate.  |
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We now have less than a week to the completion of our Cashdrop Campaign. You can still participate before the portal closes.
Click here now and get free NIRX before our ICO sale commences. Hi, this is great news. Can each user participate to Airdrop once or can one join several times and receive tokens? Hi Camerali, I apologise, you cannot participate in both Cashdrop programs or risk being disqualified on both. Not to worry, you can always afford more tokens in the forthcoming ICO & IEO events. Thanks for your understanding. Cheers. |
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Keep being happy for NIRX. Your smile will get better soon |
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As a Merchants in the country I reside, can I use local FIAT currency on the platform? For example, fiat currency from Chile?
Hi Thor. Yes you will be able to use Fiat on our ecommerce platform. But our major focus for now is Nigeria, before we go worldwide. We will however offer discounts for payments that complete checkouts with cryptocurrencies. This feature is still in development. Do you have list of possible merchant partners for your ecommerce platform? The platform will semi work if you have long list of merchants where online consumers have the luxury to get whatever they need. There are a lot of projects working in ecommerce side but I haven't encountered a successful one that is operating in full blast with the integrated crypto payments. Most of them will give you a list of items on their shop but gaining customers is also one struggle. You need to gain those online consumers to sustain your presence in the market.
Thank you for this observation. My apologies for the late reply, had to take a nap, Its is 5:30 am in Nigeria right now.
Since 2017-2018, NairaX pre-planned the procedure of its future operation. During this same time frame, we have conducted various forms of market research & have been able to partner with strongholds of the eCommerce industry especially within Nigeria. This is why NairaX will firstly gain its ground in Nigeria, before spreading our tentacles to other key marketplaces of Africa and subsequently the whole globe. Currently, via various forms of physical surveys, NairaX has gradually built its future user-base. We can attest to this via corroborated interests visibly shown towards our viable product by citizens of Nigeria, member countries of Africa & global participants as a whole.
You probably may not know this right now, but Nigeria still presents a virgin foundation for exploring the advantages of CryptoCommerce over conventional eCommerce. In Nigeria, eCommerce services are being offered by a limited number of companies like Konga, Jumia ,etc : who presently still seem incapable of handling various customer interests/complaints. Furthermore on a sad note, the FIAT Nigerian Naira (NGN) is facing turmoil in international forex markets due to poor decision making by our governments. This indirectly has led small businesses & SMEs to incur losses they didn't forsee.
Our objective in NairaX is to tap into this unchallenged eCommerce market, and showcase the advantages of powering our eCommerce service with blockchain technology whilst allowing the use of stable cryptocurrencies (like NIRX) for the exchange of goods and service. We stand confident that the solution we provide will additionally produce a positive reverberating effect on the FIAT Naira in international markets.
These futuristic achievements will organically push for the adoption of NIRX's working model in many fintech based instances.
I am available for more inquiry (ies) if there is a need for it. Thank you sirThe Nigerian govt failed us. I couldn't agree more. I see millions of intelligent businesses taking advantage of your tech in the coming future. Oh yea  .. We looking forward to this |
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As a Merchants in the country I reside, can I use local FIAT currency on the platform? For example, fiat currency from Chile?
Hi Thor. Yes you will be able to use Fiat on our ecommerce platform. But our major focus for now is Nigeria, before we go worldwide. We will however offer discounts for payments that complete checkouts with cryptocurrencies. This feature is still in development. Do you have list of possible merchant partners for your ecommerce platform? The platform will semi work if you have long list of merchants where online consumers have the luxury to get whatever they need. There are a lot of projects working in ecommerce side but I haven't encountered a successful one that is operating in full blast with the integrated crypto payments. Most of them will give you a list of items on their shop but gaining customers is also one struggle. You need to gain those online consumers to sustain your presence in the market.
Thank you for this observation. My apologies for the late reply, had to take a nap, Its is 5:30 am in Nigeria right now.
Since 2017-2018, NairaX pre-planned the procedure of its future operation. During this same time frame, we have conducted various forms of market research & have been able to partner with strongholds of the eCommerce industry especially within Nigeria. This is why NairaX will firstly gain its ground in Nigeria, before spreading our tentacles to other key marketplaces of Africa and subsequently the whole globe. Currently, via various forms of physical surveys, NairaX has gradually built its future user-base. We can attest to this via corroborated interests visibly shown towards our viable product by citizens of Nigeria, member countries of Africa & global participants as a whole.
You probably may not know this right now, but Nigeria still presents a virgin foundation for exploring the advantages of CryptoCommerce over conventional eCommerce. In Nigeria, eCommerce services are being offered by a limited number of companies like Konga, Jumia ,etc : who presently still seem incapable of handling various customer interests/complaints. Furthermore on a sad note, the FIAT Nigerian Naira (NGN) is facing turmoil in international forex markets due to poor decision making by our governments. This indirectly has led small businesses & SMEs to incur losses they didn't forsee.
Our objective in NairaX is to tap into this unchallenged eCommerce market, and showcase the advantages of powering our eCommerce service with blockchain technology whilst allowing the use of stable cryptocurrencies (like NIRX) for the exchange of goods and service. We stand confident that the solution we provide will additionally produce a positive reverberating effect on the FIAT Naira in international markets.
These futuristic achievements will organically push for the adoption of NIRX's working model in many fintech based instances.
I am available for more inquiry (ies) if there is a need for it. Thank you sir |
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Hi All,
Good morning,
Just in case you missed the update, You could still participate in the ongoing cashdrop program.
Distribution is after our IEO. Thank you all for the immense support.
I will keep supporting you. Your project impressed me from the day I saw it. Am sure satoshi will be happy knowing projects like yours exist. Thanks alot sir. Please I am try to change my wallet details for cashdrop chapter 1. I cannot do so My apologies Pontiac, details cannot be changed, cashdrop I has ended. Sorry. Kind Regards |
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Hi All,
Good morning,
Just in case you missed the update, You could still participate in the ongoing cashdrop program.
Distribution is after our IEO. Thank you all for the immense support.
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Good afternoon.
Your project will conduct a bounty campaign, where can I get tokens of your project? I am very interested in receiving your tokens, but unfortunately I do not have money to invest.
Hi Camerali, Please click HERE to participate in our ongoing cashdrop II. You will recieve a free gift after the IEO sales. Thank you, I am very glad that I can help the project and get your tokens for it. And when will there be an official announcement on this? My pleasure. The announcement you can expect will be when we have commenced distribution of the cashdrop tokens right after the IEO sales. At this time, we will make an official announcement to inform members of our userbase. |
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Please tell me, will I need to install your wallet to store your tokens? Or can I store them on an Ethereum wallet, since your token is created according to the ERC-20 standard?
Please be advised that NIRX is an ERC-20 token, later in future we will swap to our owned blockchain. This means that wallet addresses needed for recieving NIRX token, should be ERC-20 certified wallet addresses. |
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Hey. I want to participate in your ICO, do I need to be added to Whitelist for this?
I also wanted to know what is the minimum and maximum amount of investment?
Hi there, there will be a whitelisting section for our ICO. We will open up this channel in few days to come. All details regarding the minimum and maximum investments will also be communicated via our social channels before time. |
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The idea is extremely promising and interesting, but I believe that you need not focus only on Africa, but make a product for the whole world. Or do you plan to do this in the future?
Yes we have plans for breaking into worldwide markets in future. |
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Good afternoon.
Your project will conduct a bounty campaign, where can I get tokens of your project? I am very interested in receiving your tokens, but unfortunately I do not have money to invest.
Hi Camerali, Please click HERE to participate in our ongoing cashdrop II. You will recieve a free gift after the IEO sales. |
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As a Merchants in the country I reside, can I use local FIAT currency on the platform? For example, fiat currency from Chile?
Hi Thor. Yes you will be able to use Fiat on our ecommerce platform. But our major focus for now is Nigeria, before we go worldwide. We will however offer discounts for payments that complete checkouts with cryptocurrencies. This feature is still in development. |
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Good afternoon. Cool project, really. Has your team already negotiate with exchanges to add your coin to exchange? If not, then I can help you with this.
Hi there Oprah, We have pending negotiations already. First for IEO and afterwards for listing. Thank you for your interest in NairaX Very cool, I'm happy for you. I really like your project and I will definitely take part in IEO. When will the official announcement and potential investors find out on which exchange this will take place? Good question Oprah, The IEO date is set for 2nd October - 30th October @ $0.003. This is exactly after the conclusion of the upcoming Presale ICO which takes place from 31st August - 30th September @ $0.002 |
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Good afternoon. Cool project, really. Has your team already negotiate with exchanges to add your coin to exchange? If not, then I can help you with this.
Hi there Oprah, We have pending negotiations already. First for IEO and afterwards for listing. Thank you for your interest in NairaX |
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The e-commerce market in recent years has developed very much and continues to develop, it is very pleasing. This area of activity has clearly defined monopolists, but the market is extremely large and there are not so many, so you have every chance of becoming a global project that will be used by people from every continent.
Thank you or the positive comments Drugs. Glad to have you as part of NairaX. |
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Wow, so interesting idea, today there are similar projects on the market, but the range of their services is not so wide and functional.
For the NAIRAX project, this is certainly a great advantage, because if the team succeeds in implementing all the plans and tasks, they will succeed.
Hi Dime, how are you doing? Am glad to have you here. With the team's vast experience in this field, I have no doubt that in seizing the many opportunities presented by this trillion dollar eCommerce market, we will produce a best performing stablecoin within our own marketplace. This is asides the fact that NIRX is backed with the Nigerian Naira ($0.003). We strongly believe that this will benefit various global business who will work with us in future. |
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