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Author Topic: [ANN] NOX Platform — Decentralized 0% fee social trading and investment platform  (Read 511 times)
Sergeus (OP)
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October 13, 2017, 06:23:24 PM
 #1

NOX Platform — Decentralized 0% fee social trading and investment platform

Nox Platform is a social trading and investment platform that allows to form your own or to follow, copy top performing investors’ cryptocurrencies portfolios.
The platform charges 0% fee for each transaction and allows to trade fiat money for cryptocurrencies with 0% commissions.
It is a decentralized platform based on blockchain i.e. it is highly secured. Users are allowed to develop their own trading algorithms using simple pseudocode.
Also all cryptocurrencies portfolios are not stored on the platform but in the users’ wallets.
The platform’s mobile App and web-service allow users manage their portfolios and easily get profits on their VISA or MasterCard cards.


Core advantages:

1.   Social trading and investment network: follow and copy the best performing traders
2.   0% fee for each transaction (buying and selling cryptocurrencies)
3.   The platform is based on blockchain and decentralized i.e. highly secured
4.   Trade easily fiat money for cryptocurrencies with 0% commission
5.   Simply develop your own autonomous investing and trading algorithm
6.   Your cryptocurrency portfolio is stored in your wallets, not on the platform


Official website: http://noxplatform.com
Whitepaper: https://drive.google.com/file/d/0B0o_4VbzgL2iUVloWUZVS1BOdzA/view


P.S. Our team has been working on the project for several months,
and we are looking for highly motivated team members, as well as seed-investor.


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Sergeus (OP)
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October 13, 2017, 06:34:03 PM
 #2

Your ideas and recommendations are welcome.
rijaljun
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October 13, 2017, 07:33:06 PM
 #3

I haven't read the whitepaper but can you tell me about how will the company get advantage to develop or maintain the platform since you said 0% fee?

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Sergeus (OP)
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October 13, 2017, 07:41:17 PM
 #4

Rijaljun, thanks for the right question  Smiley
As we stated in the whitepaper:

The platform uses 20% of crowdfunding to form a portfolio of cryptocurrencies. That portfolio will be formed according to top traders’ and investors’ portfolios. At the end of each year gained profits from this portfolio are used for covering costs and distributed among token holders.

The idea to take only 0.1% fee just on profits made by traders and investors is also under consideration. It means that Nox platform is making money only if it helps traders and investors to make money, otherwise – not.
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October 13, 2017, 07:49:24 PM
 #5

There is still not much information available, perhaps i should wait for more information to be available here.

rijaljun
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October 13, 2017, 09:22:15 PM
 #6

Rijaljun, thanks for the right question  Smiley
As we stated in the whitepaper:

The platform uses 20% of crowdfunding to form a portfolio of cryptocurrencies. That portfolio will be formed according to top traders’ and investors’ portfolios. At the end of each year gained profits from this portfolio are used for covering costs and distributed among token holders.

The idea to take only 0.1% fee just on profits made by traders and investors is also under consideration. It means that Nox platform is making money only if it helps traders and investors to make money, otherwise – not.

In whitepaper, have been mentioned that your maximum cap is set to 50K ETH? What makes you think you need that much funds?

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pearcy jackson
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October 13, 2017, 09:38:03 PM
 #7

0% fee for social trading, will be one of the required platform later.
but the information I think is still minim, it took to learn again. hopefully there is an update about the details of all things about this project.
Sergeus (OP)
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October 13, 2017, 10:15:43 PM
 #8

Quote
In whitepaper, have been mentioned that your maximum cap is set to 50K ETH? What makes you think you need that much funds?

Rijaljun, it is a higher limit. Minimum limit is much less, and it will also be enough.
There is no need to blow up initial cap as we have seen in other projects.

The initial goal is to provide profits for our early investors (pre-ICO and ICO) who believe in the project.
And the main goal is to establish highly profitable platform that disrupts crypto trading&investment market and makes money for token holders.
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October 13, 2017, 10:24:43 PM
 #9

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But the information I think is still minim, it took to learn again. hopefully there is an update about the details of all things about this project.

Glundung, Pearcy Jackson, it's just the beginning of our journey (including promotion).
We'll provide much more information soon.

Subscribe to our newsletter to be informed of all updates and releases.
This can be done on our website.
rijaljun
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October 13, 2017, 11:27:52 PM
 #10

Quote
In whitepaper, have been mentioned that your maximum cap is set to 50K ETH? What makes you think you need that much funds?

Rijaljun, it is a higher limit. Minimum limit is much less, and it will also be enough.
There is no need to blow up initial cap as we have seen in other projects.

The initial goal is to provide profits for our early investors (pre-ICO and ICO) who believe in the project.
And the main goal is to establish highly profitable platform that disrupts crypto trading&investment market and makes money for token holders.
Awesome words!
Do you have any competitors? what problems or reasons that encourage you to establish this platform?

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Sergeus (OP)
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October 14, 2017, 12:05:04 AM
 #11

Quote
Do you have any competitors? what problems or reasons that encourage you to establish this platform?
Definitely yes, any project has direct or indirect competitors or substitutes even if it knows nothing about them.
In one way or another our platform competes with the exchanges, wallets etc. To disrupt the market we want to position our platform differently and also provide set of distinctive features.

Quote
what problems or reasons that encourage you to establish this platform?
There are still a lot of pain when you deal with cryptocurrencies and invest in it: how and where to buy/sell cryptocurrencies? where is the commission lower? is it secure? how much does it cost to me for paying fees? How to multiply my investments or savings? What to buy or sell? Whose investment advice should I follow? How to keep my crypto portfolio safe? How to develop a set of rules for autonomous medium or long term trading/investment? and so on...

I personally and our team members have had such pains and questions. The idea came to my mind to solve these problems.
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December 21, 2017, 04:29:20 AM
 #12

hello i want to ask about the airdrop. Does the coins have to be on your computer and cant be in a wallet in an exchange?
Just wondering what exchanges  you guys planning on putting nitro on? Read white paper. .but I may of missed it.
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December 21, 2017, 04:46:06 AM
 #13

How will you exactly devs receive something from this project?
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December 21, 2017, 04:57:11 AM
 #14

good project with 0% fee, my question, from where you get profit with 0% cost which have been written in your project?

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December 22, 2017, 03:19:23 PM
 #15

Hi Dev. i have some questions i wanted to invest in nitro
What partnerships or links to gaming companies does nitrohave?
How does nitro differ from enjin coin which has a prebuilt community and wallet coming out this month with sdk coming as well
The key i think would be partnerships and gaming companies using nitro. Is there any key factor that makes nitro better then enjincoin
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January 03, 2018, 11:22:19 AM
 #16

What types of game platforms (PC, Mobile, console) will Nitro be curating to studios & developers? Icandy's history has been mobile platform, will that continue under Nitro?
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