|Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.|
|Start||October 2, 2019|
|End||October 31, 2019|
ICO description, Technical Details and Documents
As the crypto development and adoption continue, numerous new use cases for cryptocurrency and blockchain technology are emerging. Bitcoin is already seeing growing use cases, with numerous online merchants and services opting to start accepting it. Such a move gives the merchant a valuable advantage over the competition, as the crypto user base itself continues to grow rapidly on a daily basis.
However, Bitcoin is not the only solution that aims to deliver such a solution. There are also projects such as Ripple's XRP, which aims to become the main cryptocurrency for the banks and financial institutions around the world. Ripple is offering its payment processing solution to the banks, promising instant transactions and cheap fees, which serve as a major improvement on the technologies that the banks are currently using, and which are considered outdated an extremely slow.
Then, there are projects that are trying to do the same in the industry of eCommerce, especially in places where cryptocurrencies can do a lot of good. One such project is known as NairaX, which is currently distributing its token in a preICO, with the ICO itself being only days away.
NairaX is the first viable product from NIRX BLOCK PAYMENT SYSTEMS. It is a Nigerian project that is working on the development of its stable utility coin. The project's goal is to serve as a way to power a crypto-payment processing solution, which will be offered to eCommerce platforms.
The project aims to start with the platforms based in Nigeria, and then to move on and spread to the eCommerce platform globally. Of course, the end goal is worldwide adoption of its token and products, which is likely to give higher value to the token, and increase its usefulness and adoption even further.
The eCommerce sector is huge, and it has been for years now, but it still continues to grow itself, and any project that aims to become a part of it has huge potential, provided that it plays its cards right. NairaX is not the first one to come to the idea, but as a new project with advanced technology that could improve the eCommerce industry itself — it likely has a major advantage, and it might be worth considering.
And, of course, all that the project needs right now is to launch its token, which is already in its preICO phase.
As mentioned, NairaX has already started its preICO over three weeks ago, on August 31st. This phase of token distribution will end in about a week, on September 30th. After that, the ICO is expected to start on October 2nd of this year and last until October 31st.
The token sale will see the distribution of NairaX's new cryptocurrency, NIRX. This is a utility token that was created on Ethereum's network. As an ERC-20 token, it can be exchanged for Ethereum, but the project also announced that it is accepting BTC and LTC. The token's price during preICO is $0.002 per token, while the ICO price will be slightly higher — $0.003 per 1 NIRX.
The project offers a bounty and a working MVP. Meanwhile, its ICO goals include $10 million as a soft cap or $15 million as a hard cap. As mentioned, the project was registered in Nigeria, and the only restricted area is the US. However, there are no KYC or Whitelist requirements for participation.
* Crypto Rating accepts no liability for any errors in the NairaX ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
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|9||Fanadise||2021||4.92||Pre-sale||NFT, marketing, staking, BSC||May 12, 2021||June 30, 2021|
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|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||83.2%||32||$44 191.65||2.28%||14.09%||$864 601 373 120|
|2||ETH||Ethereum predictions||77.2%||36||$2 384.27||1.22%||13.64%||$286 631 337 595|
|3||USDT||Tether predictions||96%||1||$1.000286||0.02%||-0.01%||$90 361 522 312|
|4||XRP||XRP predictions||81.6%||28||$0.691977||7.73%||12.59%||$37 337 342 228|
|5||BNB||Binance Coin predictions||85.2%||18||$244.21||4.75%||6.78%||$37 045 963 060|
|6||SOL||Solana predictions||80.8%||38||$77.33||7.81%||24.47%||$32 939 078 279|
|7||USDC||USD Coin predictions||90.8%||1||$0.999988||-0.01%||0.01%||$24 499 538 291|
|8||ADA||Cardano predictions||81.2%||37||$0.621468||30.58%||60.61%||$21 949 609 212|
|9||DOGE||Dogecoin predictions||74.4%||53||$0.104135||6.51%||24.05%||$14 803 690 586|
|10||AVAX||Avalanche predictions||75.6%||50||$32.83||21.42%||48.15%||$12 006 820 565|
|11||STETH||Lido stETH predictions||96%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|12||TRX||TRON predictions||94%||7||$0.108469||2.71%||4.89%||$9 596 597 053|
|13||LINK||Chainlink predictions||77.6%||38||$17.23||7.97%||9.25%||$9 592 622 058|
|14||WTRX||Wrapped TRON predictions||90.4%||7||$0.107924||2.30%||4.39%||$9 548 377 600|
|15||DOT||Polkadot predictions||78%||38||$7.54||20.76%||36.96%||$9 456 502 227|
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