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November 19, 2018, 12:22:46 PM
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NFXCoin – NFXC
New way to use your crytocurrences
WEBSITE | TELEGRAM | TWITTER | FACEBOOK| WHITE PAPER
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What is NFXCoin?
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NFXCoin ("NFXC") is a crypto or token created on the Ethereum platform to boost all services that will be provided on the NFX TRADER platform and its valuation will be governed by the law of supply and demand, through its launch, which in turn will follow the market rules known as ICO ("Inital Cryptocrurrency Offering"). The biggest advantage that NFXCoin brings, by virtue of its use in the NFX TRADER platform, is that any platform user that has an amount of 2,000 NFXC within their platform portfolio will pay only 50% for any fee or service provided by the platform.
What this means?
The benefit of having a 50% rebate on rates and services on the platform will stimulate demand for crypto-currency, thereby creating a high demand for demand and increasing market value. The ICO of NFXCoin will be made with a limited amount of tokens, that is, the possibility of its scarcity in the market will be enormous. A total of 500,000,000 tokens will be created, and only 250,000,000 will be made available to ICO. NFXCoin will be the "fuel" currency of the NFX TRADER platform and everyone who moves the purchase and sale of virtual currencies on the platform will have a 50% discount rate as long as it has a minimum of 2,000 NFXCoin in its portfolios. It is important to note that when purchasing any service on the NFX TRADER, they must do so with the use of NFXCoin.
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NFX TRADER
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NFX TRADER will be an exchange of altcoins, a trading platform for buying and selling crypto coins. This business model is available in Brazil and worldwide and each exchange defines its fees, commissions, methods of payment, etc.
Our main objective is to foster the connection of individuals and entities that wish to sell their assets to potential stakeholders, ensuring that at the end of the transaction, buyer and seller receive their crypto-coins and money traded, always in a safe and transparent manner. Usually, the exchange market requires the investor to deposit the money into his trading account on the platform and only then make the transactions in the virtual currency of his choice. After the deposit, the user can convert their real, dollars, or euros, for example, into the chosen cryptomeo, being able to wait the best time to sell and to make profits, make national and international payments at a very reduced cost and transfer money from one extremely practical and fast way.
When choosing an exchange the individual should stick to a few points as the rates, since there is no official quote for the digital coins: there is an average market rate and each dealer is free to determine their exchange rate. In addition, the exchanges still usually charge a commission per transaction.
However, it is also necessary to observe the methods of payment used by the exchange, ranging from credit card, bank transfer, Paypal and other payments can be made in different currencies or other crypto-coins.
Finally, it is the volume of the exchange transactions that ensures their recognition in the market and their liquidity, and account security must be taken into account: methods of identification, encryption and other measures need to be verified. In the case of NFX Trade, in addition to offering excellent rates and very varied forms of payments, our exchange will feature a variety of more than 100 Cryptocurrencies available for transaction, becoming the largest in Brazil and one of the leading in the world.
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OUR ADVANTAGES
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The advantages of NFXCoin and NFX TRADER are numerous such as:
• The elimination of
Two parties are able to make an exchange without the supervision or intermediation of a third party, greatly reducing or even eliminating counterparty risk.
• Empowering users
Users will be in control of all your information and transactions.
• High data quality
BlockChain data is complete, consistent, dated, accurate, and widely available.
• Durability, reliability and longevity
Because networks are decentralized, BlockChain does not have a central point of failure and is more resistant to malicious attacks.
• Process integrity
Users can trust that their transactions will be executed exactly as the protocol determines, removing the need for a third party.
• Transparency and immutability
Public changes in BlockChain are publicly visible on all sides, creating transparency, and all transactions are immutable, that is, they can not be altered or deleted.
• Ecosystem simplification
With all transactions being added to a single public ledger it reduces the clutter and complications generated by multiple book-ratios.
• Faster transactions
Interbank transactions can take days to be cleared and have a final agreement, especially outside business hours. BlockChain transactions can reduce transaction time to minutes and are processed 24 hours a day, 7 days a week.
• The lowest cost per transaction
By eliminating third party intermediation and overhead, BlockChain has the potential to significantly reduce transaction fees.
• The digital character
Virtually any document or asset can be expressed in code form and encapsulated or referenced by a ledger entry, which means that BlockChain technology has very broad applications, most of which are still unthought and much less implemented.
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PLATFORMS TECHNOLOGIES
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About NFXCoin – NFXC
NFXCoin, though marketed in the NFX TRADER, will be built on the Ethereum platform, because as explained earlier, it is an open source technology for Smart Contracts built on BlockChain.
Smart Contracts offer a number of benefits, the main ones being listed below:
1. Smart Contracts are completely autonomous and do not require any human intervention.
2. They are implemented using a programming language known as Solidity, similar to JavaScript, so they are consistent.
3. Well structured Smart Contracts are extremely resistant to malicious attacks or external tampering.
About NFX TRADER
The NFX TRADER exchange technology will be focused on supporting the highest security transactions required by the market and will be optimized for institutional, professional and consumer-focused negotiations. Enterprise features include:
• Production of thousands of transactions per second;
• More than 100 types of altcoins including, but not limited to, Bitcoin, Etherium, Niobium (NBC), Bitcoin Cash and NFXCoin itself;
• Easy addition of balance within the exchange through bank deposit, Okpay, Neteller, Skrill, crypto-coins and more;
• Audited by independent third-party security audits;
• Scalable and extensible connectivity that enables integrations compatible with current and next generation platforms and services;
• Advanced and flexible integration with banking services such as payments, settlement, authentication, KYC / AML, market data, etc .;
• The NFX TRADER platform will include all types of digital assets that can be transacted with parity to Bitcoin, Ethereum, Ripple and especially NFXCoin among other digital currencies.
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NFX TRADER SERVICES AND YOUR PRICES
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NFX TRADER will be a platform for trading, brokering and buying and selling cryptoactives or tokens, with the main purpose of bringing its users the ability to trade digital currencies or tokens through its platform, enabling all levels of access to a simple and secure trading interface. We will bring ease of use for altcoins and future services, as well as conditions for more experienced investors to operate altcoins on a high-tech, real-time platform with parity of leading virtual currencies such as Bitcoin, Ethereum, Ripple and NFXCoin itself.
The main services provided by NFX TRADER will be taxed in NFXCoin, which will guarantee the use of the currency in its platform giving it a high liquidity in the market. Therefore, we will adopt a fee-based pricing policy so that we have the lowest rates in the market, giving our users the ability to pay only 50% of any fee they rate, as
discussed above. It is important to note that NFXCoin will be the fuel currency of the NFX TRADER platform, which will provide maximum liquidity and appreciation.
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INVESTING IN CREATING A MARKETPLACE
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After the perfect implementation of NFX TRADER and NFXCoin, an investment will be made to create a Marketplace platform, in the style of Free Market, E-bay and AliExpress, in which payments can be made with crypto-coins such as Bitcoins, Ethereuns , NFXCoin, among others, making possible its use. This initiative is due to the fact that, currently, there are no Marketplaces that allow its users to pay or receive the purchase and sale through Crypto-Coins. This will certainly be one of NFXCoin's high points for exchanging transactions, as the developed Marketplace will also offer advantages to users who trade with NFXCoin within the platform.
Marketplaces are already a consolidated trend all over the world, and we intend to combine this business model with the innovation in dealing with crypto-coins, which is the biggest differential of the NFX TRADER project: the possibility of bringing to investors of our ICO an advantage in the valuation of NFXCoin.
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A ICO DA MOEDA VIRTUAL DA NFX TRADER - NFXCoin
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Token Details
Token Compliance: ERC20
Token Name:NFXCOIN
Token Symbol: NFXC
Token Decimals: 18
Token Initial Quantity: 500.000. Only 250.00 will be offered this time.
Token Mintable: Not mintable post ICO closure
Token Transferrable: Not transferrable till ICO closure
Token ENS: nfxcoin.eth
our contract on etherscan:
0x2D39EC4da54329D28d230B4973F5Aa27886C3AeE
Stage1: Pre-Presale Details
Amount to be raised in pre-presale: 5.600.000,00 dollars
Price: 0,08 USD = 1 NFXC
Pending will be filled in Crowdsale: Yes
Stage2: Pre-sale Details
Any Pre-sale: Yes
Amount to be raised in Pre-sale (abovepre-presale): 12.800.000,00 dollars
Price: 0,16 USD = 1 NFXC
Pending will be filled in Crowdsale: Yes
Stage3:Crowdsale Details
Crowdsale Type: Dollars Capped
Max Cap: 42.400.00,00 dollars (including prepresale and pre-sale)
Min. Cap: 100 mil dollars
Currencies involved: EUR, USD, BRL, ETH and BTC
Pre-sale/Crowdale Start (Approx): 9 AM UTC, 9 Nov, 2018
Pre-sale/Crowdsale End (Approx): 9 AM, 30 Nov, 2018
Pricing in: dollars
Escrow: Yes (Consent Sys MultiSig Wallet, 3 Signatures)
OBS: Valores em dólares apenas para cotação. A contribuição deverá ser feita nas criptomoedas estipuladas na plataforma da ICO.
Team Bonus Allocation over NFXC:10.00 Bonus for Founding members - 10 founders Advisors 2.0 Key people, advisors, and infuencers.
Reserved
Coins: 50 (ConsenSys MultSig Wallet, 3 Signatures for using for the NFX TRADER platorm only).
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NFX TRADER AND NFXCoin ROADMAP
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We emphasize that we will proceed with great care to minimize potential losses of assets, and that knowing that the Smart Contracts, once implanted in Blockchain Ethereum, are immutable codes, we will make the whole procedure happen in a rigid and updated way, so that we can dealing with possible mistakes. As part of the development process, we rely on independent professionals and a software audit for all Smart Contracts, in addition to our internal verification pipeline. This comprehensive test routine has a lead time that is reflected in the planned release schedule. Therefore, NFXCoin features will be launched in the following order:
Pre-presale 08/01/2018 to 10/30/2018
Project Development 10/08/2018
Development of the codes for the project 08/15/2018
Launch of the ICO website 08/27/2018
Beginning of the NFX TRADER Platform 8/30/2018
Launch of the NFX-Pro platform (Power by HUOBI Cloud)
Pre-sale 01/11/2018 to 11/31/2018
Crowdsale 01/12/2018 to 12/30/2018
Test Audit + Platform Reviews NFX TRADER 12/30/2018
Launch of the NFX TRADER platform 01/01/2019
Development start Cryptolivre 01/01/2019
Audit of Tes + Reviews tes Cryptolivre 04/01/2019
Release Cryptolivre 04/15/2019
Card implementation on the NFX TRADER platform 01/05/2019
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LEGISLATION AND THE BRAZILIAN REGULATORY MARKET
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The understanding of the Central Bank of Brazil NFXCoin like any other criptomoeda, of Utility Token character, is recognized
in Brazil as a non-financial asset. The Central Bank of Brazil10 (BANCEN) in Communiqué No. 25,306, dated February 19, 2014 clarified the risks arising from the acquisition of so-called "virtual currencies" or "encrypted coins" and the execution of transactions with them.
The important thing about this statement was the BACEN's understanding that the crypto-coins are not considered as "financial" assets, only as assets, and that it has no intention of interfering with the market. Bill 2303/2015, authored by Federal Deputy Aureo Lídio Moreira Ribeiro, deals with the regulation of digital currencies. In a public hearing of the Special Committee of the Chamber of Deputies11 to discuss the regulation of digital currencies held on August 30, 201f, Mardilson Fernandes Queiroz, a consultant in the regulatory department of the Central Bank of Brazil, stated categorically that institution is against the Members' proposal to include digital coins within the scope of payment arrangements defined by Law 12.865 / 2013.
Queiroz replied: "let's regulate a digital token? Do you want to kill innovation? [If, yes] then let's regulate. " According to Queiroz, the Central Bank "does not recognize as currency the so-called virtual currencies". In his explanation, he stated that the bank did not find links in the legal and economic dimensions that could characterize them as currency. Of course, digital currencies can not be characterized as financial assets. They are active in the same way as jewelry, real estate, vehicles among others, and thus should be treated.
Queiroz also complimented at the public hearing: "In the juridical dimension, it does not have the condemnation of being a forced currency, nor a burden on the sovereign currency, which is the real. In the economic dimension, it may even have value reserve, but we can name several assets that may also have, such as a house or apartment. As a means of payment, it already greatly restricts the assets that can be accepted within a society to be used as a medium of exchange. They also do not fulfill the unit of account function, "explained the representative.
The understanding of BACEN comes to the understanding around the world in the sense that public authorities do not interfere in the development of new technologies, as is the case of NFXCoin and NFX TRADER within BlockChain. The understanding of the Brazilian Federal Revenue Servicez
The Federal Revenue Service of Brazil has the same understanding as that of BACEN, that is, it understands that the crypto-currencies are non-financial assets and, in turn, the valuation at the time of their disposal is subject to the payment of the Income Tax of the capital gain pursuant to Law 8,981 of January 20, 1995, as amended by Law 13,259 of March 16, 2016, which changed the rates from 15% to 22.5% in a progressive manner. Therefore, NFXCoin, as well as all other digital currencies, must be treated as assets (but not financial) and are subject to the capital gain rules at the time of their disposal. The understanding of the Securities and Exchange Commission The Brazilian Securities and Exchange Commission (CVM) is responsible for overseeing, regulating, disciplining and developing the securities market in Brazil.
Recently, the CVM issued a "notice to the market" alerting investors that ICOs may eventually characterize public offerings of securities, whenever the offered contracts are similar to the legal characterization of the securities contained in Law 6385/76. However, in the present case there is no characterization, since an investment offer is not being made, but rather a proposal for the exchange of currencies and cryptocoins by NFXCoins, in which case there is no affectation or risk of the National Financial System. Also, in this offer, there is no offer of participation, partnership or remuneration.
Despite the understanding of the NFXCoin / NFX TRADER legal team that the CVM rules do not apply to ICOs or even to NFX TRADER, as a form of prevention due to lack of regulation in Brazil and due to the different interpretations that may arise, NFX TRADER will follow the rules determined by the CVM IN 588/2017, which deal with crowdfundings in Brazil in the strictly ICO case of startups. NFX TRADER's activities will follow all compliance rules to prevent any kind of money laundering, as well as to ensure that its platform complies with international standards.
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CONCLUSION
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The existence of Ethereum technology for BlockChain enabled the creation of NFX TRADER, powered by NFXCoin - NFXC . The innovations that NFXCoin brings, due to the use of the Smart Contracts of the Ethereum platform, are numerous as described in this White Paper, highlighting the fact that a limit amount of tokens will be emitted.
NFXCoin comes to revolutionize the exchanges worldwide, opening a field for its users to be able to negotiate their crypto, as well as to obtain numerous advantages negotiating with NFXCoin.
Welcome to NFX TRADER and NFXCoin!
FOLLOW US: WEBSITE | TELEGRAM | TWITTER | FACEBOOK| WHITE PAPER
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