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.
Matic Network provides scalable, secure and instant Ethereum transactions. It is built on an implementation of the PLASMA framework and functions as an off chain scaling solution. Matic Network offers scalability solutions along with other tools to the developer ecosystem, which enable Matic to seamlessly integrate with dApps while helping developers create an enhanced user experience.