Topic: [ANN] NEXT.Chain - Introducing the NEXT Blockchain - page 2. (Read 500 times)

I think this is preliminary information. If this token is really listed on the kucoin exchange, then it would be very good for the project. However, the month of March is just about to begin, let's wait and see what happens.

Comparing to bitcoin and ethereum NEXT.chain has some big technical advantages in functionality, operability, security and more

depends from the roadmap, this project will be tradeable on uniswab at february 26, 2021
and now is february 27, right ? thats mean this project already tradeable on uniswap now ? if yes, can somebody give me the link

We have taken note of the so-called due diligence check posted by a former team member. Your account is just a few days old and created for this goal! Of course, we regret the situation that arose with the former team; that situation was no longer tenable as these members were constantly selling their NEXT tokens in the market. The fact that the owner remained says enough. He was taken the powers back and moved further while the old team was bashing around by building another exchange and dropping their bags. Gladly a new team with experts is onboard for the sake of convenience. But it is undoubtedly worthwhile to elaborate on your story.

But stay on the facts, please. A 5th fund round? It's a liquidity event for listing NEXT on Uniswap and to speed up the developments. Currently they sell 8M NEXT, which they hold since 2017 and reserved for this purpose. They are free to do that and dropped not even one NEXT of that into the market. That means they are very trustworthy. That you don't like the owner, we can imagine after he kicks you out.

You completely ignore that the founder releases a working blockchain with 200 masternode holders. The exchange is working; projects like XEP raised very recently funds on it. But I admit that they need to finetune it; they are confronted with high blockchain fees as a decentralized exchange. That is why they are moving it on top of NEXT.chain. So to tell that they deliver nothing is definitely FUD.

I know the current people behind NEXT.exchange in person, they did not leave and are very dedicated to achieving their goals. Real persistence keeps going until everything is set; even if they need to do endless fundraising, they have already survived the bear market, and nothing seems to stop them. And yes, they have a track record, but still moving things forward; that is respect!

So do a bit more research instead of writing a fictional story. PayAccept and NEXT.exchange are entirely different teams and not even located at the same business address. We do use the NEXT.chain to make lightning-fast payments, but we are not sharing the same team. This blockchain technology has already proven to be lightning fast since April 2019, and including Payaccept in your due diligence is pure slander.

As I read NEXT project is not listed on CoinMarketCap or CoinGecko but it should be after Uniswap listing which should be tomorrow according to road map

I know that the following post will be labelled as FUD and the NEXT team will hate me for this. But given their very bold statements and their history of underperforming and burned funds it is just fair to warn every interested investor that this is a very high risk investment - based on the complete history of the NEXT ecosystem since end of 2017.

But given the fact that this is the 4th funding round from the same (for anonymous) "team" for the same platform (PayAccept excluded - considering the PayAccept ICO it would be the 5th round) I can't watch this anymore. Hence I started writing this up.

I did some DD on this project because I was interested in it. I will cross post this among various threads to give everyone a fair warning regarding the Next.Chain ILO.

This is probably (?!) not a scam. But most certainly the most persistent "fake it till you make it" attempt in crypto right now. Everything I gathered and summarized down below is true and verifiable. And there are many more red flags. This is just a brief collection of the timeline of Next Exchange/PayAccept/Next Chain.

If you invest: This is extremely high risk with a good chance of a significant de-evaluation of your investment. Just ask the people who bought the NEXT token in 2018/2019 or NEXT coin in 2020 how much it is worth now, compared to their initial entry price.


Here is the rough timeline of the Next.Exchange, PayAccept, and now Next.Chain:

• end of 2017 / early 2018 ICO of the NEXT ERC20 token for the planned NEXT exchange located in NL
• 2018 The planned CEX is marketed as a hybrid exchange now with PoW and masternodes. This aligns with the current crypto hype. The exchange is not public. Deadlines get pushed forward.
• 2019 NEXT ERC20 token to NEXT coin swap. Because NEXT has its own blockchain now = NEXT Chain (wait till 2021 for an update on this one). This aligns with the current crypto hype. The exchange is not public. Deadlines get pushed forward.
• 2020 NEXT Coin IEO. After the ICO of the ERC20 token and the swap to the NEXT Coin for token owners, the team sells some of their own coins during an IEO. Trading for coin owners is not enabled yet. The exchange was announced to be public right after the IEO. But the exchange is not public. Deadlines get pushed forward.
• 2020 Crowdfunding on their exchange for a few early users to cover the potential Dutch National Bank application, which is roughly €25k - says the CEO/founder. However, till today the DnB rejects the application. Hence, Dutch citizens can't use the exchange due to regulations. Also only crypto to crypto is possible due to this unregulated state. There is no public info what happened with the collected money - roughly €25k. But the exchange is not public. Deadlines get pushed forward.
• 2020 The Dutch founder announced "PayAccept" an European crypto payment provider. He says both companies have no connections. However, former NEXT Exchange roadmap plans appear in the PayAccept roadmap now (EMI license for example). Also he team is the same. Same office, etc. Btw. PayAccept is DEFI and staking is coming. This aligns with the current crypto hype. Telegram and Twitter numbers are artificially inflated.
• 2020 Somewhere here the exchange is finally public (for real, after 2 or 3 short attempts that went nowhere in the past - hence I didn't mention it till now). Trading is limited to some few pairs. However, there are many ongoing technical issues (till today) with user funds stuck in limbo and very limited support (one person at this moment). But the exchange is public. No more deadlines, however also only minimal development.
• 2020 PAY ICO to fund this new project, while the old project with 3 funding rounds already is still in development. Hence, this is the 4th funding round. They are selling the PAY ERC20 token, which is soon the PAYT token because the founder picked a token name which was already in use. Interesting fact - even with their own NEXT Chain blockchain and exchange the PAY token is ERC20 and the ICO runs on several other exchanges. Their "own" Next Exchange is left out. ERC20 sells better than some unknown blockchain token. Presumably. The platform is not public. Progress is not transparent.
• 2020 Huge surprise: the original NEXT Exchange team, except the Dutch founder, left Next Exchange & PayAccept. The medium post from the founder is just one side of the story. We never heard from the group who left what happened. The reasons remain unclear. From now own there are almost now details about current team size and members across the whole ecosystem. All new known members from now own are former telegram community members. The PayAccept platform is not public. Progress is not transparent. The Next Exchange platform gets from time to time some minor updates. No real progress.
• 2021 PoS instead of PoW announced for the NEXT Coin (shared) masternode owners. This aligns with the current crypto hype.
• 2021 NEXT Chain is the new focus now. NEXT is DEFI now. This aligns with the current crypto hype. Swaps are incoming and everything else that is the hit in crypto right now. Nothing is public yet. Largest development for NEXT Coin holders, who swapped from NEXT ERC20 token to NEXT coin in 2020: soon they can swap their NEXT Coins to new NEXT tokens again. It's a closed loop now. The money is obviously on Uniswap and other exchanges and not on their own. And in order to be able to trade them there the coins need to return to their former ERC state.
• 2021 NEXT Chain token ILO (Initial Liquidity Offering) by the NEXT Chain team (same team as NEXT Exchange or PAYACCEPT). The 5th funding round of this "team" in roughly 3 years. The NEXT Chain token from the current ILO is the above swapped NEXT Coin. The team will sell 6mil of their remaining 9mil NEXT coins. They will offer additional 2mil NEXT tokens on Uniswap after the ILO. Current NEXT Coin holders can't swap till the ILO is done and the team moved (i.e. sold) 8mil of their own COINs on the ETH blockchain again. At least this is the current plan.

If there's a coin called next exchange coin and it's still having relationship, why do we need next chain coin? Is not it next chain was a part from the next exchange? This very similar as binance with its binance chain but this makes me feel curious about that.

I support your words.New projects are always good,and I will also be interested in watching the development.On the site, in the statistics section, it is indicated that there are already more than half a million addresses on the network, and this is impressive

I thought where to place the exchange with the eth_next pair, then I realized you compared it to the current price at the BTC pair and made it to eth. Yes, that's right, based on that, people should be more interested in buying on an exchange than from a private sale, because they get more.

Thank you for sharing this article
Has NEXT.chain got enough investors off the whitelist?
The price of coins on the exchange is cheaper than the price of a private sale. NEXT price on the exchange 0.0001209 ETH / 1 ETH : 8.333 NEXT, while the price for private sale 1 ETH : 5000 NEXT

surely they must be more active in developing and have sufficient capital to make every progress that exists, with the mission they mention they must at least think further in order to make an attraction for the Next.chain project so that investors are interested

those goals are quite difficult to achieve but in time, we will see if they are heading to that direction.
seems this project is promising, but it is better to assess their capability if they are already deployed in the market, where customers or developers are availing their services. the comparison of this project from btc and eth is great but when it comes to actual implementation, thats when you truly see their competence. so lets see how far they can achieve these goals as yet another blockchain project.

NEXT liquidity providing event will take place on Safu Investments platform on February 24th at 12:00 UTC.

More Details - https://next-chain.medium.com/

10,000 transactions per second at a fee of $ 0.001 per transaction, cheap and quite fast. other than P2PB2B exchange, where can I buy NEXT coins?
This is an interesting article and can be a consideration for you to hold this coin.
https://next-chain.medium.com/10-reasons-why-you-should-consider-launching-a-next-masternode-ed888408a5b5

As far as i know that if nextchain is still a part of next exchange site that being developed by the team from the payaccept too. It seems like this team tried to build a new ecosystem on next chain.
You need at least 25k NEXT coin to become masternode dude.
You can also actively discussing about this on the next exchange telegram group too.

It's good that there was an announcement, I personally waited for it.And what about the listing on Kucoin,will it be in March for sure, or is this just preliminary information?

i read if this is next coin is a kind of masternodes cryptocurrency
so, may i know how much NEXT needed to run masternodes ?
thank you

Public Sale Details - https://next-chain.medium.com/next-liquidity-providing-event-announcement-8b98364f006c