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British Virgin Islands, Feb 25, 2022 - (ACN Newswire) - NexBloc Inc. today announced that it is opening a funding round on Monday, February 28, using Credits and Token Rewards for the NexBloc platform. By purchasing Credits for use on NexBloc, buyers will get rewarded with the NexBloc Utility Token. The Credits will never expire, and as additional products and services get added to the platform, it will encourage faster usage of Web 3.0.
The NexBloc Utility Token, anticipated to be named $NEXB, will be used for numerous benefits to holders including:
- staking for discounts off domain purchases and services
- farming for yield
- access to gated content such as NFT Avatars and partner offerings
- direct purchases with the burning of those tokens
- governance for managing the token by the DAO

The tokens will be listed on exchanges by mid-Spring 2022 so that owners can accumulate amounts they can use for the above benefits. Governance will be enabled by creating a DAO (decentralized autonomous organization) structure to be established by the end of 2022. The DAO will take over token economics through a process that staking owners specify. It will also provide project approvals for community-sponsored ideas that improve the use of the decentralized web. A portion of NexBloc revenue will be escrowed to fund the projects approved by the DAO.

Dana Farbo, Founder of NexBloc, stated that "NexBloc solves the needs of Web 3.0 infrastructure with a blockchain DNS. Our focus on building community and a strong business will position us to win in the bDNS space. Other participants have one or the other but not both."

It is estimated that blockchain DNS will follow a similar path for tools and resources that the centralized DNS space took. bDNS and services annually open a total addressable market (TAM) of close to USD 200 billion over the next decade. NexBloc will vie for a sizable market share by bringing new products and services to its user base. Furthermore, with the use of Credits and through the staking value of tokens, community members and customers will see significant benefits for using NexBloc to build new products for the future of the internet.

About NexBloc

NexBloc is building the next generation of the internet with blockchain DNS at the core. Blockchain digital entities tied to the decentralized web is the future of personal data protection and use.

Founded as a BVI company in 2021, NexBloc has created proprietary technology stacks to custom deploy bDNS systems. They currently have over ten private blockchain top-level domains (bTLD) in various forms of deployment. In addition, they are working to build the most scalable, omnichain interoperable platform for deploying bDNS.

Website: www.nexbloc.com
LinkedIn: https://www.linkedin.com/company/80164369
Medium: https://medium.com/nexbloc
Twitter: https://twitter.com/nexbloc
Telegram: https://t.me/nexbloc

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comNexBloc Inc. today announced that it is opening a funding round on Monday, February 28, using Credits and Token Rewards for the NexBloc platform.

Verlux , a Cardano startup building a decentralized Multi-Chain NFT Marketplace is very proud to announce it's first decentralized product, A staking platform where you can stake your VLX tokens & Cardano Native tokens to earn rewards in VLX and exclusive rare NFts. 

The widely adopted Cardano based project that launched late 2021 has been keeping up to their development roadmap and is in full pace to launch the NFT marketplace before the end of Q1 2022 and a Demo video of the proposed  NFT Marketplace is available on Verlux's YouTube channel.

The NFT marketplace will be powered by its utility token VLX which will be used across the entire Verlux ecosystem to purchase Special and Unique NFTs from verified Curators, Staking, Governance and a lot more.

VLX public sale is on-going currently as this is the last chance to get hold of the tokens before being listed on Exchanges.

The VLX Token

$VLX is the utility token of the Verlux, the token will power transactions and various utility functions through the Verlux ecosystem. With a total supply of 1 Billion $VLX, token holders will be able to perform various utility functions such as Stake To Earn VLX and Also Stake To Earn Featured NFT Drops, Transaction fees on the Marketplace, Featured Listings, Creator Profile verification and ultimately will serve as a governance system for Verlux Ecosystem on further developments.

Join VLX Public Sale Here: https://sale.verlux.io/

Minimum Buy: 200 ADA

Maximum Buy: 10,000 ADA

VLX Token Utility

VLX token holders can be able to create verified decentralized auction houses where NFT creators can apply to launch their NFT Drops.

Auction Houses on Verlux NFT marketplace will be ranked and be visible on the NFT Marketplace homepage according to the amount of VLX tokens staked.

This means that curators with the most amount of VLX tokens staked will get higher visibility on the marketplace which will ultimately lead to more frequent NFT drops.

VLX Token holders can also stake their tokens on our Non-custodial staking pools to earn rewards in VLX tokens and rare unique NFTs.

Verlux Social Links

Website: https://verlux.io

Telegram: https://t.me/verluxcommunity

Youtube: https://tinyurl.com/2p8dh24y

Discord: https://discord.gg/rAEQYbhKJS

Twitter: https://twitter.com/VerluxNFT

Gitbook: https://verlux.gitbook.io

Medium: https://verluxnft.medium.com

Media Details
Company Name: Verlux
Contact Name: Mathias Grunther
Email: m.grunther -at- verlux.io
Website: https://verlux.io