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Nitro is designed to democratise the video-game economy by making it easy for anyone to participate in and benefit from the economy of the video-game industry, while bringing together all the stakeholders of the trading onto an integrated platform and community.
Potential Disruption to Public Market Financing Lauded as a revolutionary technology, blockchain has disrupted the financial world with its various nitro — from digital currencies, to remittance, as well as the raising of capital.
Initial Coin Offers ICOs are increasingly popular as a method for startups to raise capital via the use of cryptocurrency. However, this has also courted controversies with regulators around the world, as ICOs are often conducted by individuals and businesses that have little or no business track-records.
This issue is compounded by the lack of nitro processes and documentation that would otherwise be required for conventional offerings through the public markets.
With the increasing interest around ICOs, it is becoming particularly important for an ICO nitro to be supported by credible companies and individuals. In the rapidly-changing crypto-sphere, there is an emergence of an enhanced ICO model, where credible mainstream companies use ICOs to launch new funding initiatives in a professionally managed framework.
This is the first time a company listed on a major international stock exchange is actively backing a cryptocurrency project.
It could pave the way for a new trend of mainstream public companies using ICOs to altcoin new funding initiatives in parallel to the capital markets that they are trading in. Nitro aims to disrupt that. It comprises of two altcoin, a new cryptocurrency called NOX and an online marketplace called Nitro Marketplace.
NOX will enable token-holders globally to participate fully in the video game economy via: The Nitro Marketplace will empower interactions and transactions between stakeholders across the video-games industry in an efficient manner.
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In turn, gamers can be incentivised directly by game studios to try out the new games. Why Crypto-Currency While Nitro is trading platform that will connect promoters, developers and gamers directly in an interactive market place, these various parties will need a safe and reliable means of transaction.
A crypto-currency is the perfect mechanism to trading, and to realise value in a secure and efficient manner.
Not only does NOX provide a way to transact, it can also be worked altcoin the games themselves — either as rewards or credits. The main target group, gamers and game developers, are likely to be early digital adopters, groups that could well understand and see the potential in a platform bound by a crypto-currency.
A pre-sale prior to the crowdsale will be announced on the website soon. For more information visit www..