Nexo is the world's largest and most trusted lender to the digital finance industry. Nexo has been bringing professional financial services to the digital asset industry since 2018. Leveraging the team's years of experience in fintech and the power of blockchain technology, Nexo enables millions of people to leverage the value behind their crypto assets to shape a newer and better financial system.

Nexo's vision is tokenization of all assets on the chain, allowing people to move or manage their money in an efficient way. Nexo has always looked to the future, so they have designed seamless, secure and immediate products to provide future-oriented financial services.

Because we still need to use legal tender in our daily life. That means we have to convert cryptocurrency into fiat currency when we need it. But cryptocurrency holders are less willing to convert to fiat currencies due to speculative needs, tax payments and withdrawal cycles. Addressing these issues for encrypted users is the original intent of the Nexo project. Nexo makes it easy for users to access liquidity by offering instant online loans to cryptocurrency holders, simplifying taxes without sacrificing the potential gains from selling some of its assets.

The technical solution for Nexo's crypto loan platform is called Nexo Oracle. Nexo Oracle is a standalone system for real-time asset monitoring, loan setup, repayment analysis, automated notifications, data analysis and wallet maintenance. To use a cryptocurrency loan on Nexo, you first need to transfer the crypto asset to the Nexo wallet. Once the wallet receives the crypto asset, Nexo Oracle automatically calculates the customer's loan limit based on the market value of the cryptocurrency held in the user's wallet. The loan is then immediately made available to the user via bank transfer or a free Nexo credit card. There are no credit checks, and the loan amount is backed entirely by crypto assets held in the user's Nexo wallet. To repay the loan, users can use bank transfers in fiat currency (currently supported in DOLLARS, euros and yen), NEXO tokens (for interest rate discounts) and some crypto assets from NEXO wallets. Currently, Nexo Oracle supports all of these repayment methods. If the payment is overdue, Nexo can obtain the cryptocurrency stored in the user's Nexo wallet as agreed in the loan contract.

Token name: NEXO Total supply: 1,000,000,000 Token allocation: Investor 52.5%, loan retention 25%, founding team 11.25%, marketing plan 6%, consultant/Legal/PR 5.25%.

1. Lower interest rates for customers who use NEXO tokens to repay loans. 2. NEXO tokens can be deposited in the NEXO wallet to obtain instant financing based on their value and interest rate discount.

Nexo distributes 30% of its net profit to token holders through dividends. The more NEXO tokens in a user's wallet, the higher that user's basic dividend payment.

1. Nexo has a high-yield savings account that allows users to earn up to 20% annual interest on cryptocurrencies and fiat currencies; 2, Nexo insurance for loss, and advanced safety function; 3. Nexo is licensed and regulated for use in more than 200 countries/regions, including the United States; 4. The platform is easy to use and access, with comprehensive mobile applications that make coin management easy for users; Nexo has low transaction costs.

Nexo Oracle is an automated system that maintains components of a business process. The Nexo card is associated with an asset in the user's Nexo wallet. When a purchase is made, Nexo Oracle confirms the user's credit limit balance in real time, approves the transaction and sends the details to the user in a push notification. 1. Development of loan contract: When setting up crypto loan, Nexo Oracle is responsible for automatic cash payment, asset maintenance, notification and overall management. 2. Develop real-time data integration: Nexo Oracle performs real-time asset appraisals at any point in time based on data from multiple exchanges. Nexo Oracle aggregates data in real time from at least six independent sources (exchanges) to minimize overall risk for Both Nexo and its customers. Nexo Oracle also detects real-time changes in asset values and recalculates loan limits. In the case of asset appreciation, the loan limit is automatically increased immediately. 3. Development of reimbursement analysis module: Nexo Oracle automatically records repayment and further billing of all transactions made by customers. The system automatically keeps up to date with interest payments, outstanding balances and loan limits at all times. 4. Development of automated notifications: All loan retention actions are performed automatically by Nexo Oracle without any human intervention -- changes in asset values and loan limits; Cash inflow/outflow; Issue hold and rebalance warnings when minimum crypto asset limits are reached; Personal account balance will be updated after calculating repayment; The administrative notice will include all relevant information and be sent to the customer. 5. Modeling and algorithm development: To ensure the normal operation of the system, Nexo has integrated big data analysis, self-tuning algorithm and predictive modeling in Nexo Oracle. In this way, Nexo ensures that information received from multiple external data sources is used for on-time business decisions.

1. Credissimo, the Swiss company behind NEXO, is the biggest attraction. The Nexo is powered by Credissimo. Credissimo is one of Europe's leading fintech groups, serving millions of people across Europe for 10 years. Credissimo has always operated under the highest regulatory requirements and is heavily regulated by a number of European banking and financial services regulators. 2. Us compliance program. NEXO token is the world's first SEC compliant asset-backed security with utility features. NEXO token is the first SEC compliant security token that pays dividends, is asset-backed and has additional utility features. NEXO is available in more than 200 U.S. jurisdictions and in 45 fiat currencies and stablesoins. In just seven months, Nexo has attracted more than 170,000 users and extended tens of millions of dollars in loans.

Nexo is the first project to launch cryptocurrency online instant lending, but it is not the only one in the crypto lending space. Competitors in the space include Salt, ETHLend, Cred and others, among which Salt is the most prominent. Salt is a decentralized cryptocurrency backed lending platform. But so far, Salt isn't a big threat to Nexo. If the cryptocurrency market continues to grow as expected, there will be plenty of room for both to succeed. However, as they grow, both may have to offer low rates to win over users. Of course, this is great for users. Nexo has a lot of support from its relationship with Credissimo, which has a good and well-established loan track record and network in Europe, while Salt operates only in the US. Not only that, but the NEXO token ecosystem is stronger.

Nexo's crypto loans have many advantages over traditional loans. Nexo allows customers to retain ownership of crypto assets they use as collateral, while traditional collateral is held by lenders. Nexo also offers instant approval, whereas traditional loans can take days or even weeks. Most importantly, there are no hidden fees and credit checking processes, unlike traditional loans, which have application fees, management fees, attorney fees, and credit checking fees.

In addition to competition from peers, the declining value of crypto assets in a bear market is also a challenge for Nexo. If the value of a user's crypto collateral falls below the amount he or she is owed, he or she may choose not to repay and let Nexo take the cryptocurrency in his Or her Nexo wallet. Nexo needs not only sufficient assets to survive a prolonged bear market, but also better means to manage and incentivize users to repay.

NEXO is a mortgage platform based on digital assets. NEXO is a project of Credissimo, a technology finance group established in Europe for more than 10 years, with a team with more than 10 years of finance expertise. The team has sufficient professional experience and a certain number of customers. Although there are many mortgage projects, such as Aether loan, which are relatively competitive, this project still has certain innate advantages compared with other projects of the same industry. The current project is good and worthy of continuous attention.