NX7 $NX7

NX7 is a unique project in the realm of crypto and NFTs that combines the concept of fractional debt proof and the transactional utility of tokens. At the core of the project is the NFT7, a collection that symbolizes fractional debt. The cashflow generated from these NFTs, post mint sell-outs, is channelled towards scalp trading with the objective of rewarding NFTX7 holders. The form of this reward is the NX7 token, which not only has a fixed reward value but also functions as a means of exchange within the network. The token is primarily used by issuers to transfer the financial reward value to the NFTX7 holders.

Unique Attributes of the NX7 Project

What sets NX7 apart from other crypto projects is its deflationary ecosystem, which is carefully structured to simultaneously maintain its value while incentivizing transactions. It accomplishes this through the dual utility of the NX7 token - as a fixed-value reward and as a method of transferring wealth among stakeholders within the network. The NX7 ecosystem is designed in such a way that it generates inherent volume to fuel transactions, and its deflationary model has the potential to increase its value over time. This is due to the combined effects of token burning and the innovative automated market maker model, that determines the method of pricing tokens.

History of NX7

NX7 made its debut on July 7, 2023, with an issuance price of 0.1$. Since its inception, the project has created a space for itself in the crypto market as a deflationary model that effectively merges transactional and reward utilities of tokens.

Future Prospects of the NX7 Project

NX7 plans to continue to operate as an investment vehicle for as long as it remains profitable. With its unique approach to utilizing tokens and NFTs, the project is poised to explore and potentially redefine the intersections of fractional debt, tokenization, and peer-to-peer transactions in the crypto world.

Uses of the NX7 Token

The NX7 token holds significant importance in the overall project. Apart from being a reward for NFTX7 holders, the token is utilized as a transactional tool within the network. This peer-to-peer exchange mechanism facilitates the transfer of value, making NX7 a crucial player