Nexspecto-EN
  • 1. Legal Disclaimer
    • 1.1. Disclaimer of Liability
    • 1.2. Governing Law and Jurisdiction Clause
    • 1.3. Notification of Whitepaper Revision
  • 2. An Overview
    • 2.1. What is Nexspecto
    • 2.2. Web3 Powered Savings
    • 2.3. Enhanced Support for Multiple Platforms
      • 2.3.1. Nexspecto Web App
      • 2.3.2. Multi-Chain Infrastructure
    • 2.4. Experienced Founders & Tech Specialists
  • 3. Strategic Direction
    • 3.1. Nexspecto’s Mission
    • 3.2. Nexspecto’s Vision
      • 3.2.1. Short-Term Vision
      • 3.2.2. Long-Term Vision
  • 4. Overview of the Market
    • 4.1. Savings Market Statistics
    • 4.2. Web3 Savings/Passive Income Markets
    • 4.3. Crypto & NFT Markets
  • 5. How Nexspecto Platform Works?
    • 5.1. Nexspecto Genesis: Savings Groups
    • 5.2. Connecting With Web3
    • 5.3. Creating Saving Groups
    • 5.4. Participating Savings Groups
    • 5.5. How Savings Groups Works?
      • 5.5.1. Savings Groups’ Characteristics
      • 5.5.2. Savings Group’s Pool Size
      • 5.5.3. Participation Fee
      • 5.5.4. Savings Group’s Asset
      • 5.5.5. Blockchain Preference
      • 5.5.6. Payment Periods
      • 5.5.7. Liquidation Process of Saving Group Participant
        • 5.5.7.1. Penalty Fee
        • 5.5.7.2. Selling the Participation NFT
        • 5.5.7.3. Sustaining the Saving Groups
        • 5.5.7.4. Payment to Liquidated User
      • 5.5.8. Picking The Winner
      • 5.5.9. Collateral Model of Savings Groups
      • 5.5.10. Ending a Savings Group
  • 6. Nexspecto's Web3 Fuels: Tokens, NFTs, and Beyond
    • 6.1. PECTO
      • 6.1.1. Unveiling PECTO's Transformative Utilities
        • 6.1.1.1. Native Token of Nexspecto
        • 6.1.1.2. PECTO for Exclusive Platform Discounts
        • 6.1.1.3. Rewarding Liquidity Providers
        • 6.1.1.4. Loyalty Rewards
        • 6.1.1.5. PECTO Based Savings Groups
        • 6.1.1.6. Exclusive Access to Real World Assets (RWAs)
        • 6.1.1.7. Gateway to Tokenized Assets
        • 6.1.1.8. Governance Token
      • 6.1.2. PECTO Tokenomics
    • 6.2. Nexspecto In-Platform NFTs
      • 6.2.1. NFTs As Participation Proofs
      • 6.2.2. Premium NFTs
      • 6.2.3. Nexspecto ID NFTs as Soulbound NFTs
      • 6.2.4. RWAs Based Fractionalized Nexspecto NFTs
      • 6.2.5. Nexspecto NFT Marketplaces
        • 6.2.5.1. Participation NFTs Marketplace
        • 6.2.5.2. RWAs Based Fractionalized NFT Marketplace
  • 7. Infrastructure
    • 7.1. Savings Groups
    • 7.2. PECTO
    • 7.3. Nexspecto NFTs
    • 7.4. Nexspecto’s Security & Smart Contract Audits
  • 8. The Nexspecto DAO
    • 8.1. How Nexspecto DAO Works?
  • 9. Nexspecto's Path to Progress
  • 10. Nexpecto Team
  • 11. Thank You
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  1. 4. Overview of the Market

4.3. Crypto & NFT Markets

The native token of the Nexspecto platform is PECTO. NFTs and crypto assets in general will be utilized for savings assets & payments, users' participation in savings groups and entitlements on the platform, transfers of rights, ownership records. As a platform, Nexspecto will have a strong relationship with the crypto market in terms of both its business model and in-platform assets as a Web3 application.

According to the data of the leading cryptocurrency data analytics platform CoinMarketCap, as of July 2023, the cryptocurrency market cap is around 1.2 trillion dollars. In November 2021, the cryptocurrency market cap reached $3 trillion by breaking a record. The rapid transformation of an extremely new asset class from $7 billion market cap in 2016 to a trillion-dollar market in 2021 in a period of 10 years is extremely important data in terms of revealing the potential of the cryptocurrency market.

NFTs, which emerged as recently as 2014, have quickly turned into a billion-dollar market, where millions of addresses interact and NFT sales exceeding 90 million dollars are realized, with the momentum it gained in 2021.

According to DappRadar data, the total NFT transaction volume, which was at the level of 25.1 billion dollars in 2021, remained at the level of 24.7 billion dollars with a small decrease in 2022 by maintaining its momentum.

In the NFT market overview data presented on the OKX Web3 platform, it is shared that there are approximately 13 million addresses holding NFTs from more than 2 million collections, and that there are 4.22 million NFT traders in total. It has been stated in this research page that the market value of the NFT collections included in OKX's research methodology is $7.33 billion, and the total transaction volume to date is approximately $40 billion.

When we consider the potential of NFTs and cryptocurrencies with unlimited use cases, the potential of the Nexspecto platform with its groundbreaking savings solution will be better understood, with the crypto assets included in its platform and the native crypto assets of its platform.

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Last updated 1 year ago