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Nexa (NEXA)

This report is based on information available as of March 5th, 2024. Cryptocurrency information is constantly changing, and this report may not be entirely accurate in the future.

Nexa (NEXA) Research Report

Project Introduction and Brief Summary:

Nexa is a proof-of-work (PoW) blockchain platform that aims to offer scalability and fast transaction processing times. It utilizes several technologies like Graphene and Xthinner to achieve this goal. Nexa claims to be suitable for global peer-to-peer (P2P) payments and applications.

Project Release Date & Token Release Date:

  • Project Release Date: Information not publicly available.
  • Token Release Date: Information not publicly available.

Market Capitalization: $32,814,681 USD (as of March 5th, 2024)

Current Price: $0.000006761 USD (as of March 5th, 2024)

Exchanges where the cryptocurrency is currently listed:

  • KuCoin
  • Bittrex
  • HitBTC
  • Gate.io
  • Bithumb

Competitors:

  1. Bitcoin (BTC) – Market Cap: $785,361,852,884 USD
  2. Ethereum (ETH) – Market Cap: $230,444,552,744 USD
  3. Litecoin (LTC) – Market Cap: $12,456,328,188 USD
  4. Bitcoin Cash (BCH) – Market Cap: $10,763,194,828 USD

Use Cases:

  • P2P payments
  • Decentralized applications (dApps) development

Technology:

  • Proof-of-Work (PoW) consensus mechanism
  • UTXO (Unspent Transaction Output) model
  • Graphene technology for faster transaction processing
  • Xthinner block propagation protocol for reduced block size

Smart Contracts and Audits:

Nexa claims to be compatible with smart contracts, but information regarding audits is not readily available.

Investors or Partners Involved:

No recent news reports within the last 90 days were found regarding investors or partners involved with Nexa.

Amount of Money Raised during the Presale Stage/ICO/Seed Rounds:

Information not publicly available.

Token Distribution %:

Information not publicly available.

Detailed Token Economics and Use Cases:

Information regarding detailed token economics and use cases, including token vesting schedule, is not publicly available.

Roadmap:

No publicly available roadmap was found.

Team Members List and Brief Description:

Information regarding the team members is not publicly available.

Iteration: 1

Additional Data Sources Needed:

Further information regarding the project’s release date, token release date, token distribution, team members, and roadmap is needed to provide a more comprehensive report.

References:

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