Please tell us exactly what words in the Buy-Back option are illegal and fraudulent so that we can have our lawyer address your concerns. 

The lawyer says its really pretty simple.  The buy-back option guarantees to take some action (purchase tokens for $1.00) based on the condition that shopping transactions happen. And it responsibly warns of the potential risk that it is possible that no shopping transactions will happen.  And it provides supporting information on why the management team is confident that shopping transactions will most likely happen.

If you are aware of something here that is illegal or fraudulent please let us know so we can address it immediately.

-- Thanks
-- Bob Wood
     

COMPLETE ABUSE OF POWER - The KYC Documents and a CEO interview was provided here to verify that the team is real and that the initial claim of a fake team member profile was inaccurate.

Sure Cryptodevil, we can relabel it an "Opportunity" instead and you will still call it a scam.

The issue here is the claim that Nexxus Rewards team has a fake profile. We've proven that to be inaccurate but you persist?

You are insatiable but hopefully, other readers will be reasonable...

-- Bob Wood 

Thanks, guys, you have proven my point.  You obviously are not looking for the truth but for any dirt you can imagine.

So around we go again...

cryptodevil
1. If you have read "The Nuts & Bolts of Nexxus Token Utility" at: https://medium.com/@NexxusRewards/the-nuts-bolts-of-nexxus-token-utility-4d88d14ed28  you would see that there is nothing fraudulent in the real numbers.  We can guarantee buying the tokens at $1.00. Of course, it is based on merchant revenue that we have a solid plan to generate.  That is common sense, not a scam. Any guarantee is as good as the company offering it. If a company cannot sustain its business for lack of revenue that does not make it a scam.  Of course, we have assembled an experienced team to minimize this possibility.  That's business... not a scam.

2. I have never built or promoted a scam.  GCR was eventually shady, I was a hired contractor to build their sales management system. And I was later hired by the owners to correct the questionable practices of the company.
 
If you have sincere questions about our business model please ask me before making uninformed assertions.


stompix
1. Get Real! "a team full of scammers"? a completely irresponsible statement.  Please back up your statements with verifiable proof rather than your uninformed opinion. Our executive team members are highly experienced corporate executives, not crypto kids and not MLMers, but have successfully built multi-million-dollar companies.

2. The crypto developer's "Security Credentials" are his rightfully acquired login and password to do his job.

3. I know our national sales director and have verified his resume, and I have met with him face-to-face many times working on Nexxus Rewards.

4. Now you are criticizing my writing grammar?  Are you serious?  How does that make Nexxus a scam?


Reasonable people reading this will see the unprofessionalism by the rogue critics here. All I can do is provide the real facts of the situation.


Nexxus Rewards is probably one of the best crypto projects that shows the industry how crypto can be done right. Nexxus Rewards has real utility that can deliver real profits.   

Nexxus Rewards provides real value to merchants that need, want, and are willing to pay for a solution to get and keep new customers.

Nexxus Rewards has been developing its software and systems and doing market testing for 3 years. 

Everything is production-ready for revenue generation.  Nexxus Rewards is way beyond the typical napkin-idea crypto project that hasn't figured out how to monetize its concept.

Nexxus Rewards has a solution to take crypto from the techie domain to the mainstream public.


As always, I welcome any sincere questions about the Nexxus Rewards business model.

-- Bob Wood

These questions have nothing to do with the inaccurate issue raised by tvplus006 claiming that Nexxus Rewards is a scam because they have a fake team member.  We have proven that Nexxus Rewards is not a scam and that the team member in question is not fake but is a real legitimate qualified person that was temporarily using another person's picture.  We wrongfully used a temporary picture of someone else but that is not a scam and he is not a fake team member.

After we proved that we are not a scam and that our national sales director is not a fake team member, then the issue should have been dropped and corrected.  You were correct to be suspicious because of our mistake, but you should have done your due diligence and researched further before damaging a very good cryptocurrency project that has real utility and delivers real value that merchants need, want and are willing to pay for.

Apparently there are a handful of people here on BitCoinTalk that are not satisfied with all the proof that we have provided, but are on a witch hunt. These individuals may never be satisfied with reasonableness, common sense, and doing the right thing, but for the many readers that may review this post, I'm providing the facts for reasonable people.

Regarding the GCR Coin Theft:
1. Dr. Baloch Asif did a good job for us helping us secure our network.  He had nothing to do with the theft.
2. The theft was done by a cryptocurrency developer from Boston that I hired. He had all the security credentials to do his job, which he abused and created a backdoor unknown by us to siphon off the GCR coins in relatively small amounts over time. He sold the coins on Bittrex and crashed the price of the GCR coin.
3. An independent cryptocurrency developer reviewed the server logs with we to confirm beyond a shadow of a doubt that this individual from Boston did indeed steal over 80M GCR coins.
4. The authorities were contacted multiple times by me to report the theft.

Regarding Shabang.com:
1. Shabang did raise over $13M.
2. Shabang was valued at its peak at $200M when investors were purchasing the Shabang stock for $2 a share.  100M shares were issued for a calculated market cap of $200M.
3. Shabang was not an online book store but was a portal for merchants to sell any products online.  Shabang had hundreds of merchants including Zales Jewelry, Neiman Marcus, and Radio Shack.
4. Shabang was not unique in the dot com hay-day where most companies were unprofitable and spending money on customer acquisition while living off of investor's money.  When the dot com crash hit in March 2000, most dot com companies went out of business when the investor money dried up.

Now, enough with the witchhunt, please be responsible crypto advocates and do the right thing.

-- Bob Wood

Here are the answers to your questions if you are sincerely inquiring...

1. Dr Baloch Asif was hired by us as a security consultant and was probably also a consultant to SAR Coin. He provided security consulting for us and did a good job. 

2. Nexxus Rewards buys Nexxus Tokens for $1.00 from the public exchange.  Yes, we can guarantee a $1.00 price because it is being purchased with merchant's money that they gladly pay us for helping them get and keep new customers. The real numbers backing up all this are detailed at https://medium.com/@NexxusRewards/the-nuts-bolts-of-nexxus-token-utility-4d88d14ed28

3. I did not own or found GCR.  I was a hired consultant to build their sales management system. After the founder was ousted by the other owners, they asked me to try to fix the company, which I attempted to turn the company around unsuccessfully for various reasons.   When GCR shutdown, I started a new company Nexxus with a completely different business model than GCR to further my belief in the mission of cryptocurrency. 

Please ask any sincere questions if you really want to know the truth before making acquisations.

-- Bob Wood
-- CEO & Founder of Nexus Rewards.

Everyone here is obviously good concerned crypto citizens that want to rid the world of crypto scammers.  That is a good thing. But you must be responsible with the power that you wield.  When you discover concerning issues, that should be a reason for further investigation.  It is irresponsible to immediately declare something a scam based on your initial preliminary concerns.

Concerning Joseph Prescia:
We have provided an explanation of exactly what happened with the wrong photo of Joe.  Detailed testimony has been provided by several members of our management team that our team is NOT fake. We have paid several thousands of dollars to an independent KYC auditing company to certify that we are real. I provided links above to the KYC certification documents.  I have provided a video of myself being interviewed by BTC TV. We have provided links to the management team's LinkedIn profiles. Joe is a real person that is currently working as a national sales director for another company while we raise the necessary operating funds.   

Concerning Steve Wilkinson:
Steven Wilkinson worked with me several years ago on another company. Steve and his wife went on a cruise together with me along with 30 salespeople from around the world. I know Steven personally.  He lives in Austin, TX.  I spoke with him this morning to notify him that someone named Christian Boyd is using his picture on twitter.  Steven is reporting it to Twitter.  You can see Steven's linkedIn profile at: https://www.linkedin.com/in/wilkinsonsteven/  The picture posted of Steven is absolutely Steven Wilkinson.

I understand that crypto scammers are everywhere.  But you must be responsible in your research. 

Nexxus Rewards is a great example of how cryptocurrency can be done right with real utility that delivers value to merchants that they need, want, and are willing to pay for.  We have been developing the software and systems for 3 years.  All software is production-ready and market tested.  We are not a fly-by-night scam company.

In your haste to prevent scammers you have damaged a legitimate company that is trying to take cryptocurrency to the mainstream public to empower them to take back control of the money and their financial systems.

I only ask now that you take responsibility and correct the situation, and be more careful in the future. 

-- Thank you from a fervent supporter and evangelist of the power, potential and virtues of cryptocurrency since early 2015.
-- Bob Wood, CEO & Founder of Nexxus Rewards




 

The Nexxus Rewards company and Executive Management Team were certified by an independent auditing company, IGT Company.

http://www.nexxusrewards.com/sections/company/21/compliance/Compliance-Certificate-Robert-Allen-Wood.pdf
http://www.nexxusrewards.com/sections/company/21/compliance/Compliance-Certificate-William-Terry-Howell.pdf
http://www.nexxusrewards.com/sections/company/21/compliance/Compliance-Certificate-Richard-LeBlanc.pdf

Here is a video of myself being interviewed by BTC TV.
https://link.medium.com/BFGeRMPdQ0

tvplus006, You have heard from several of our management team members including myself. We have provided proof and have been audited and certified to be real.  Will you please do the responsible thing and remove this wrongfully accused post that the Nexxus Rewards Management team is fake? You are negatively impacting a positive and legitimate project in our industry.   

-- Thanks
-- Bob Wood

I am the CEO and Founder of Nexxus Rewards.  This negative review of our project has been posted that is not accurate. We absolutely are not a scam.

Ironically, I have been fighting scams myself for over 5 years and I host a video blog called Cryptocurrency Myth Busters at: www.CryptoMyths.com. I also have researched and reported on many MLM crypto scams like OneCoin and most recently Cloud Token.

The one single misused image was the only fault with our website. Everything else is 100% accurate.  Our team member, Joe Prescia is real, just his picture on the website was borrowed. Scammers fake most or all of the team.  I've tracked down many scammers too.

You can review my bio on LinkedIn at: https://www.linkedin.com/in/bobwood56/
OR on my personal website at: http://whoisbobwood.com/about/

What can I do to prove that we are not a scam?

-- Thanks
-- Bob Wood

This is really hard, but the best investments will be in projects that create real utility buyer demand that is not 100% dependent on speculative trading.  Sounds impossible, I know, but these are the projects that will have long-term stable growth.  Almost all projects today are solely dependent on speculative trading market hype. Day traders can play the rise-and-fall game with the markets but the long-term value comes from real sustainable business models that provide value to the marketplace and can generate real profits.

The better question may be "Will 2019 be the year of Crypto?"

It's not really a competition between BTC and the Altcoins, but between crypto and fiat. The best crypto coins will rise to the top with the best ideas to solve real problems.  

There are a lot of shit coins muddying the waters that do nothing special except hype to try to make something out of nothing.  They have no true value creator. But the legitimate projects are test beds for different ideas.  This is a good thing. The most successful ideas usually come from small nimble hungry startups rather than large corporations.

Similar to the U.S. Constitution, the founding fathers intended the individual states to be test beds for ideas where the people could vote with their feet. In theory, they would relocate to the states that best met their needs and matched their values. The same thing will happen with crypto.

Bitcoin may or may not emerge as the industry leader. It all depends on its ability to change. The first mover is not always the leader of industry.  Remember that Google was not the first search engine.  The #1 search engine in the 90s was called AltaVista.  Also, most people may not remember that Microsoft did not have the #1 word processor (Word Perfect), or the #1 spreadsheet (Lotus 123), or the #1 database (dBase), or the #1 presentation software.

2019 will be the year of the Altcoins that can provide real utility buyer demand with a real sustainable business model. That's what crypto is sorely missing and desperately needs.

Cryptocurrency is often criticized for its price volatility. Some solutions are attempting to control price volatility by price controls (i.e. USDT, Ample).  Is this really the correct solution?

The current crypto price volatility is caused by 100% buyer demand dependency on speculative trading. Emotional speculators turn with the latest news or hype.  Of course, prices will be most volatile when they are solely dependent on speculation.   

More mature publicly traded assets like gold and silver don't have the price volatility of crypto because the majority of their buyer demand comes from their utility. Gold and silver are guaranteed to be purchased regularly for its utility purpose of manufacturing electronic components, jewelry, etc.   

Similar to the dot com era, many napkin ideas had millions of dollars thrown at them, but the only ones that survived were the ones with a sustainable business model.

As crypto matures, the successful projects will be those that create the majority of their buyer demand from real utility. 

Maybe a silly question, but if the concept of a stable coin is to maintain market cap (i.e. coin price) by dynamically altering the supply and/or demand. (e.g. Tether, Ampleforth) then what is the potential for a return on investment?  For example, if USDT is always about $1 what's the upside of investing in it if the price never goes up?

Announcing NexxusCoin, a brand new cryptocurrency token designed to take cryptocurrency from the virtual world to home town communities worldwide with physical cryptocurrency cafes, a cryptocurrency ATM network, an innovative shopper rewards program, and cryptocurrency education and certification.

NexxusCoin is the internal currency of the Nexxus Global Rewards Community, like the Ether coin, which is the internal currency of the Ethereum platform.  They both provide utility and benefit for the end users.  

Nexxus Rewards in a Cryptocurrency industry-wide solution.  It is The First Bitcoin BTC Loyalty Rewards Program Taking Cryptocurrency Mainstream.  Shoppers earn cashback rewards for purchases in Bitcoins BTC and many other top cryptocurrencies.  Merchants acquire and retain new customers with the Nexxus Rewards Marketing System.  

All Nexxus Rewards cashback rewards are paid in Nexxus Coins.  Every purchase with any currency causes Nexxus Coins to be purchased on the open market creating automated buyer demand.  A critical mass of merchants and shoppers in hometown communities around the world is being built by an international independent affiliate sales force.
 
The Nexxus ecosystem includes the www.NexxusUniversity.com for cryptocurrency education and certification, www.NexxusRewards.com for shopper cashback rewards, www.NexxusPartners.com corporate organization, and the www.NexxusCoin.com technical website.

NexxusCoin is a modern Proof of Stake (PoS) cryptocurrency based on the technology developments of BlackCoin.  Like Ether, it is initially distributed partly to fund development of its ecosystem.  The initial distribution also includes several thousand donations to identified cryptocurrency enthusiasts.  Nexxus University and Nexxus Rewards are production systems.

Name:                 NexxusCoin (NXX)

Smallest Unit:      Nexxi (1/100,000,000)

Type:                   SCrypt (PoW) + Proof of Stake (PoS)

Money Supply:       299M

Block Time:         60 seconds

First Block:            2016-03-01 12:22:41

Stake Interest:       5%

Wallet Version:      v1.1.2.1-g32a928e (protocol 60015)

Website:            http://www.NexxusCoin.com

Block Explorer:   https://chainz.cryptoid.info/nxc/

GitHub:              https://github.com/NexxusUniversity/nexxuscoin

Nexxus Rewards:      http://www.NexxusRewards.com

Twitter:              https://twitter.com/nexxusreward

Developer:         http://www.WhoIsBobWood.com

Win Wallet:         https://www.nexxusuniversity.com/sections/company/21/wallet/nexxuscoin-windows.zip

Mac Wallet:         https://www.nexxusuniversity.com/sections/company/21/wallet/nexxuscoin-mac.zip

Mobile Wallets:      Coming Soon…

Exchanges:           Coming Soon…