Milestone: Launch of the NEXT.chain platform
Last Wednesday, we launched the NEXT.chain platform. This makes it possible for everyone to create their own token (digital asset) on our super-fast chain with the click of a button. This is also the start of building an increase in value where NEXT, as a coin, is of increasing worth. NEXT will serve (just like ETH on the Ethereum blockchain) as the main pair for all assets that will be listed.
At the moment, approximately 150 tokens have already been created. The latest tokens created are REKT, DRAC, COCO, HOPA, 3T, RSOL and AFFIN. All these tokens will be tradable at lightning speed via NEXT.chain in the near future. In addition this week, we received a number of questions as to whether it is also possible to trade ERC20 and BSC tokens on NEXT.chain.
The answer is yes, all tokens regardless of which blockchain they originate, can now create a ‘wrapped’ version on NEXT.chain with the same supply. In the coming period, we expect more tokens to be launched on NEXT.chain.
Obviously, this is only the beginning and the tokens only become really appealing when they can be traded. We are going to realize 2 components:
1] A buy button to directly buy NEXT or a stablecoin (EURX and USDX) issued by NEXT, with the top 10 cryptocurrencies and fiat.
2] A uniswap clone where all tokens can be exchanged against NEXT or a stablecoin.
We look forward to the further development of the integrated exchange, where the tokens will receive a significant boost, especially in view of the current gas prices and transaction costs.
Manual bridge + addition feature
Since Wednesday, we are also able to offer the opportunity for all coinholders to bridge to the ERC20 tokens as soon as there are tokenholders who want to transition to that coin. There is limited interest in this at the moment but we are confident that will change with time. In our efforts to improve the possibilities, we offer all coinholders the opportunity to convert all coins to Binance Smart Chain. In order to increase the liquidity there, an IDO will take place where 80% will be locked to PanCakeSwap and 20% for marketing and competitions. With this, we also offer a good time for the coinholders to generate returns. The interest can be indicated via the same form on https://nextchain.dev/bridge by clicking on the request manual swap button.
Marketing and competitions
We waited until the platform was launched by design, this was no coincidence. After all, it is much easier to market a product if it is actually there and not simply an idea or concept, especially within the crypto community where there are many whitepapers that say all the right things but don’t deliver products. At the moment we intend to start the following marketing:
- 2 AMAs (all you can ask events)
- TikTok & Memes and price competitions
- Telegram & Reddit & 4chan marketing.
- Banner advertising
- Press release about NEXT.chain
Now the platform has launched, we will continue to build further and improve the current components alongside all our other ongoing developments. You can expect the following updates which are planned:
- blockchain update (75/25 POS / POW rewards)
- activation of markets
- orderbook integration
- decentralized swap interface (uniswap on NEXT.chain)
- mobile application
- API connector for third parties
Enjoy the weekend. Until the next blog…