Nexchain is a Proof-of-Stake blockchain protocol that integrates AI to enhance scalability, speed, and security. It also implements AI to enhance governance systems, identify fraud, and forecast network congestion. $NEX is the core token of the platform, used for project governance, staking rewards, and covering platform fees.
Nexchain AI has already raised over $550k in the ICO round and is currently available on the project’s website.
Nexchain - WAITLIST Overview
Nexchain - Review
Nexchain aims to overcome classic chain scalability limitations by embedding artificial intelligence within its blockchain framework. It aims to refine consensus protocols, boost smart contract capabilities, and strengthen network protection.
What’s more, the platform uses a hybrid Proof-of-Stake (PoS) model, where AI dynamically adjusts transaction processing settings to shorten validation times without compromising decentralization. Nexchain also integrates sharding and Directed Acyclic Graphs (DAGs) to support parallel transaction execution, thereby enhancing overall network performance.
On Nexchain, interoperability is enabled via sophisticated bridging protocols that facilitate asset movement and cross-chain interaction among various blockchain networks. At the same time, smart contracts on Nexchain, also powered by AI, feature adaptive execution logic, allowing them to make automated decisions in response to live network conditions.
🤑 $NEX is the platform's native token, which can be used to participate in project governance, earn staking rewards, and pay platform fees. Moreover, in the future, Nexchain will burn 6% of the total $NEX supply.
Considering the ongoing token sale, the CoinLaunch team analyzed Nexchain and identified some pros and cons to consider before participating in the project's ICO:
✅ Nexchain pros:
- Early presale stage, the price on TGE will be 3X more;
- Relatively low FDV ($53M) and IMC ($13M);
- Has a public security audit;
- Good PR Performance and SMM;
- Above-Average Influencer Marketing Performance;
- Has reputable Tier 1 partners such as Invidia, Ledger, and Google Cloud
📛 Nexchain cons:
- Below-average SEO, and Marketing Infrastructure;
- Bad Growth Marketing;
- The team has no work experience in Tier 1 companies.
Nexchain - Token Economy
Nexchain - Token Sale Rounds
02 Apr 2024
01 Aug 2024