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.
Newton aims to create a new kind of economy - the community economy - by building blockchain infrastructure to enable freer, fairer transactions by anyone in the world. At the foundation is our NewChain blockchain and related technologies, with one primary chain and multiple subchains to ensure a high TPS. On top of that we offer infrastructure for smart contracts, IoT, AI, logistics, insurance, and a suite of apps for payment, retail, agriculture, and much more.