The NEXT Project - Interview with Coinomat

The NEXT Project – Interview with Coinomat

The NEXT Project – Interview NEXT is a unified trading asset on NXT platform. “Unified” means that we plan to use NEXT funds to trade various markets and invite third-party traders to work with us. We want NEXT to become the go-to trading asset on asset exchange, and aggregate various trading ventures under one umbrella. So focus will be made on low-risk trading ventures which are able to provide constant low volatility payout streams.

What is NEXT?

NEXT is a unified trading asset on NXT platform. “Unified” means that we plan to use NEXT funds to trade various markets and invite third-party traders to work with us. We want NEXT to become the go-to trading asset on asset exchange, and aggregate various trading ventures under one umbrella. So focus will be made on low-risk trading ventures which are able to provide constant low volatility payout streams.

How did the merger between MMNXT and EIX come about and why?

Recently NXT Asset Exchange has been going through rather hard times. We decided that it would be best to merge our efforts and do some assets consolidation in order not to dilute our efforts and offer a better product to AE traders and supporters. We think that it’s time for consolidation for NXT ecosystem in general, concerted and targeted efforts are needed to make NXT grow and bring more attention to the most valuable part of NXT ecosystem, namely NXT Asset Exchange.

Where will capital be allocated and used?

Capital will be used to trade arbitrage bots, mostly BTC arbitrage between exchanges. Also, low risk alts arbitrage will be added. On top of that we’re open to working with any traders with a stable trading record.

NEXT has an interesting new way of increasing capital with NEXTBOND, could you tell us about that?

We feel that NXT AE needs assets tied to BTC. it would reduce volatility connected to NXT price fluctuations, and bring more confidence to project supporters. NEXTBOND is a step in this direction, which aims to provide constant payout stream and also support SuperNET project, by using SuperNET BTC asset for handling deposits and payouts.

Why are assets such as NEXT so important for NXT?

We believe that assets like NEXT can start a new chapter in NXT history. Dividend-paying, stable assets is what NXT ecosystem needs at the moment. NXT needs new blood and we hope to attract new people to NXT by providing products which no other cryptocurrency has at the moment (BTC paying asset, for example). We hope to grow together with NXT.