Nexxus – ICO Detailed Information

Nexxus Rewards (Nexxus) can be characterized as a social blockchain project that strives to offer local communities a blockchain-based marketing solution powered by the ERC-20 compliant NXR token. The distribution of tokens by means of ICO will commence in a few days.

The Nexxus Rewards system

Nexxus Rewards works on a blockchain system that should heed the needs of three types of participants, namely local communities and charities that are run by them; online as well as brick-and-mortar stores and merchants that operate in the given area; finally, customers or shop-goers who live in the chosen community who either donate to charities or buy from the merchants.

The local charities will be granted a chance to participate in the so-called perpetual fundraiser by virtue of the Nexxus platform. All charities are free to register with Nexxus Rewards and promote it to their members who, in their turn, can partake in this endeavor by becoming the Nexxus Shoppers, which provides for additional perks, such as the option to obtain cashback in NXR. The charities are to profit from receiving 20% from marketing fees, imposed by Nexxus - they don’t need to buy or sell anything, only promote the platform.

Shoppers can participate in the Share Reward Program and receive cashback and rewards, allocated in NXR tokens, which can be subsequently exchanged for cash with the help of Nexxus merchants will enjoy the innovative customer acquisition solution within which they won’t be forced to purchase any contracts or PoS terminals. Moreover, Nexxus will ask for its share only after the merchant makes a sale, and the amount of the commission is to be determined solely by the entrepreneur. They can also enroll in the viral marketing program to establish a supplementary stream of income in NXR tokens.

The Nexxus team

• Robert Wood. The founder & CEO. Wood is an immensely experienced marketer who had worked at Microsoft and Electronic Data Systems as a head technologist.  
• Terry Howell. COO. He is considered a guru of organizational development and an expert in strategic planning and customer acquisition.
• Richard LeBlanc. Marketing director. LeBlanc is an expert in graphic design and a founder of a marketing agency B12 Group.   

ICO details

The sale of the NXR utility tokens will commence on November 23 and last for three weeks, until December 15. During this time, the team hopes to raise at least $2 million (softcap) while the hardcap is established at $10 million. Given that the token sale will last for a relatively short period of time, it would take an enormous effort from Nexxus to reach such a tough goal.

The ICO price of one NXR token is only $0.2, with no mention of a minimum investment barrier being made on the website or in the whitepaper. The interested investors can purchase tokens with ETH, BTC, USDT, and PROB,

A bounty program has been made available for those who want to get extra NXR, but, unfortunately, social influencers won’t be able to get free tokens via airdrop. All participants in ICO must pass the KYC procedure. The list of restricted areas includes only the United States. 

Author: Alex Paulson for Crypto-Rating.com

• 2016 – 2018. Product Development
• 2018 – 2019. Market Testing
• 2019. Crowdfunding; Sales Team Acquisition & Training.
• 2020. Plano Merchant & Charity Acquisition; North Dallas Expansion.
• 2021. Dallas Area Expansion.
• 2022. Ft. Worth Area Expansion