The NEXO Token is an asset-backed token and is backed by the underlying assets of Nexo’s loan portfolio. NEXO Tokens Holders will get 30% of the company’s profits. NEXO Tokens offer additional utility features such as discounted interest rates on the Nexo Instant Crypto-backed Loans and are also accepted as collateral on the Nexo Platform. Check out CoinBureau for the full review of Nexo Coin.
FNKOS is a fog computing-based blockchain operating system designed to make the best use of the edge computing resources such as idle hardware network and storage resources. The fog blockchain was built on the basis of a PoC (Proof of Contribution) consensus algorithm: nodes get FNKOS incentives according to their contribution in the fog blockchain based on network flow, storage volume, computational capacity.