Nexus Project, a blockchain-based payments gateway for merchants and businesses, releases its native token on Polygon (MATIC)
The Nexus project is intended to enable entrepreneurs in various segments to integrate blockchain-based payment instruments. It is presented as a cross-platform instrument; Polygon (MATIC) is the first platform its token lands on.
Nexus comes to Polygon with its core asset: details
According to the official announcement shared by the team of Nexus Project, its NXD token goes live on high-performance blockchain network Polygon (MATIC).
The platform was chosen as the inaugural technical foundation due to its fast processing power, decentralized Proof-of-Stake (PoS) design, and low transaction fees. Polygon is fully EVM compatible, which is crucial for Nexus in terms of compatibility and interoperability between networks.
This combination of Polygon features allows Nexus Project to deliver cheap, fast and censorship-resistance services to all of its clients, including payments vendors, merchants and other businesses.
In the future, more blockchains will be integrated by Nexus Project: its users and token holders will be able to choose between different options according to their needs.
Interoperable payment network for Web3: What is Nexus Project?
Primarily, Nexus Projects allows all merchants and businesses to create decentralized on-chain rewards systems in order to stimulate users and customers.
With its instruments, companies no longer need to issue loyalty cards, coupons, certificates or other documents. The full stack of operations takes place on the Nexus blockchain.
The Nexus team has already scored numerous partnerships with firms in the UAE. Retail outlets, restaurants and other establishments in Dubai and Abu Dhabi leverage Nexus-powered instruments to advance the visibility of its brands.
On top of that, Nexus is focusing on integrating blockchain tools into previously “unexplored” segments like real estate and other expensive properties.
