|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||June 8, 2019|
|End||October 8, 2019|
ICO description, Technical Details and Documents
Nevix is a crowdfunding platform for the filmmaking industry that was developed by a group of Indonesian entrepreneurs, film producers, and IT system developers on the basis of the Waves blockchain and utilized the Leased Proof-of-Stake (LpoS) algorithm. At the initial stages of its development, Nevix will be focused primarily on the Indonesian cinematographic market in order to establish a deeply-rooted network of investors, filmmakers, and promoters who will work jointly for the good of the movies lovers. Once the success at the local scene will have been achieved, Nevix plans to move its operation to a global scale.
The crowdfunding, as well as other financial operation on the platform, will be carried out by virtue of a minable token labeled NVX. At the moment, Nevix is conducting a token sale that is fragmented into four phases.
Nevix was launched as a subsidiary project by Nevsky Group, an international company engaged in multiple industries, including real estate, public health, IT consulting, and automotive. One of the Group's holding companies called Nevsky Prospekt Indonesia, which is a part of a business unit Nevsky Pictures, specializes in filmmaking and distribution, and it became a driving force behind Nevix, having provided it with the intellectual and monetary capital.
Through the utilization of the Waves blockchain, Nevix has created a fully decentralized peer-to-peer platform that affords ground for crowdfunding and cooperative work on various film projects. Conceptually, Nevix is not particularly different from other projects related to movie making: the holders of NVX tokens are granted the opportunity to invest in the proposed ideas and then receive comprehensive and transparent information about the process of its realization. After the film gets released, the profits are to be shared between the investors proportionally. Along with that, Nevix introduces such features as the Digital Currency Exchange (DCE), a platform for making transactions and converting NVX tokens to other cryptocurrencies. This exchange is also called the Nevix Radar Explorer, which is directly linked to the three types of Nevix wallets: web, mobile, and desktop (Windows).
The whitepaper claims that at least one such movie has already been created with the aid of Nevix, though its name was not specified.
The token sale of NVX is an ongoing event that will last until October 8. As of now, the project has reached 10% of its hardcap of $35 million with softcap being set at $5 million. The current selling price of 1 NVX is $0.0346 with no information regarding the minimum investment limit. Nevix accepts Bitcoin, Ethereum, and US dollars. Each applicant for a token purchase must pass the KYC procedure. There are no restrictions with regard to the country of residence.
* Crypto Rating accepts no liability for any errors in the Nevix ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
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