Quote from: PontiacCrypto109 on September 20, 2019, 02:38:38 AM

Quote from: CryptoNinja22 on September 19, 2019, 07:37:46 AM

Quote from: PontiacCrypto109 on September 19, 2019, 06:54:30 AM

Quote from: CryptoNinja22 on July 20, 2019, 11:11:49 AM

Today, countless modes of payment exist. These basically include centralised payment options available in form of physical or digital assets which individuals have chosen as a store-of-value; all mostly at risk of being manipulated or mismanaged.

NIRX BLOCK PAYMENT SYSTEMS brings recent cryptological advancements in African and global eCommerce to change the face of commerce forever. This channel will hereby serve for our Offical Announcement page on Bitcointalk.

ABOUT US

NIRX (NairaX) was developed as the first viable product from NIRX BLOCK PAYMENT SYSTEMS which is incorporated and registered in Nigeria [RC2903759]. "NIRX" is a stable utility coin which will power NairaX's currently developing crypto-payment processor with additional plans to be integrated across major eCommerce platforms in Nigeria, Africa and then the entire Globe; as a move towards the general adoption of "NIRX" in eCommerce marketplaces.

Through the NairaX's crypto payment processor, otherwise known as "NairaX's MVP Webwallet", NIRX holders will be able to exchange goods and services on our personalized eCommerce platform. Our platform will allow for acceptance of payments with FIAT (at the local level), NIRX, Bitcoin, Litecoin and lastly Ethereum. As expected, payments that complete orders with NIRX will attract bonuses and off prices for services offered on platforms that will use NIRX as a payment option.

NairaX is backed by the Nigerian Naira (NGN) (and notable financial bodies within Nigeria) on a 1:1 ratio in the equivalent amount of its corresponding FIAT value. At any given point in time, NIRX will either remain equal in this ratio or surpass its FIAT equivalent in real time value. This is a breakthrough in Africa and for the the globe in entirety. NairaX (NIRX) will become a symbol of value to initially stabilise the value of the Nigerian Naira (NGN) and also various cryptocurrencies used to facilitate exchange of goods and services on the NairaX eCommerce platform.

OVERVIEW

Asset backed cryptocurrencies like "NIRX" were initially popularized by the Bitcoin infrastructure, now many stable coins have been successfully developed on the Ethereum blockchain base. This owes to the potential which has been shown by Ethereum as not just being a virtual cryptocurrency, but also serving as the most reliable foundation for anchoring decentralized apps and additionally providing secure fintech based services. This is with an inclusion to qualities such as;

1). Immunity from Legacy banking systems
2). Low transaction Cost
3). Pseudo-anonymity
4). Convertibility and Many more.

The main objective of NairaX (NIRX) as a company, is to firstly test run NIRXs performance in African and global commerce as a valid cryptocurrency for the exchange of good/service. Subsequently, at adoption of our system, NairaX will be integrated as a payment processing system in many popular e-commerce platforms. This will be a major driver for adoption of cryptocurrencies in general eCommerce as well as within Fintech on the global level.

According to Statista, in 2015 eCommerce sales amounted to 342.96 billion US dollars and are projected to surpass 600 billion US dollars in 2019. Total retail eCommerce is projected to generate over 2.2 trillion U.S. dollars in global revenue by the end of 2019.

These figures clearly explain the power of the eCommerce industry, especially as a tool for bolstering adoption of a cryptocurrency in other fintech based sectors.

NairaX will have various advantages over FIAT based eCommerce systems with the following:
1). An online verification system for all users of the NairaX platform. This applies especially to the sellers; to checkmate the validity of product offered on the NairaX eCommerce platform.
2). Availability of robust customer care channels to effectively listen and attend to our userbase, handling complaints appropriately.
3). State-of-the-art purchase cart and checkout designs, which will be mainly based on user data retrieved from surveys.
4). Monthly rewards for customer loyalty, and;
5). Advanced user-friendly return-refund systems guided by well-articulated escrow systems, which ensures that both sellers and buyers have free advisory to effectively guide in dispute resolutions.

Currently, one of the most predominant issues experienced within both traditional commerce, is the fall of a currencys value over time. This is more predominant for third world countries. Consumers can barely purchase anything tangible for the value of a dollar. In the past, FIAT was a currency that had valuable purchasing power with a limited amount to go around. Fast forward to this current century, we see many individuals unable to get tangible value for physical money, making it difficult saving FIAT.

OUR MODEL

NairaX (NIRX) provides a unique model which smartly creates an ecosystem that preserves NIRXs value and never encourages inflation. This will now make it possible for consumers to save money in form of NIRX.

As we know, Fiat is the foundational currency which the society operates with on a daily basis. NairaX (NIRX) hopes to provide a backed, stable, reliable, cryptocurrency to enable seamless transactions, whether locally or globally. This is in inclusion to an availed opportunity to make profits in physical and digital value of NIRX coins held, by staking NIRX via our POS (proof of stake) system.

"OH THIS IS ALL SO INTERESTING. PROBABLY TOO GOOD TO BE REAL."

Yes. Thats probably your gut speaking

NairaX is not only becoming the primary cryptocurrency utilized for transactions on both the NairaX eCommerce platform and other eCommerce platforms all over the world, but also becoming the most patronized payment system on the globe. NairaX as a company is bringing an entirely new super model to the eCommerce marketplace. its clear that NIRX will be the easiest, fastest, and most secure method for transacting business in the future. Our marketplace will also showcase local/global store directories that are already accepting NIRX as a form of payment.

Users of our service will also not need to keep track all of transaction invoices, as all transactions can be viewed or queried on the blockchain for any form(s) of reference. To further realise this: NairaX hopes to migrate to its patent blockchain infrastructure at full adoption.

CASHDROP CAMPAIGN

Our Cashdrop Campaign will be kicking off on 22/07/2019. 10,000 or more bounty participants will be availed an opportunity to claim 1000 NIRX coins each for free.

JOIN THE CASHDROP CAMPAIGN FROM 22/07/2019 AND CLAIM YOUR NIRX COINS.

CLICK HERE NOW TO VISIT OUR BOUNTY PAGE

COIN DETAILS AND DISTRIBUTION

Contract Address: 0xf0ccca32cd300356629216eb301ec6649c7c6adb
Ticker: NIRX
Decimal: 18
Total Supply: 10Billion

ICO and IEO Campaign

NairaX ICO and IEO Sale, has been fashioned out to achieve a fair outcome for all participating investors. Coin price has been agreeably set in relation to the price of the Nigerian Naira (NGN) against the United States Dollar (USD) OR otherwise the NGN/USD pair.

The first event featuring the ICO PreSale is scheduled for the 31st of August 2019, with full expression of interest phase (IEO CrowdSale) starting on the 2nd of October 2019.

At the start of the IEO event, well focus on dual concerns which will be treated as top priority to guide the purchase of NIRX coin in a fair manner. They are:

1). Provide an equal opportunity asset distribution of up to 38% of the total public supply of NIRX to a wide range of our community members.
2). Limit purchasing power per individual.

Like many other successful crypto projects, the NairaX company trusts to generate support from the community by demonstrating alignment with all these principles.

In order to generate multi-bilingual support, the IEO Crowdsale will be open to investors in any part of the globe excluding US. The PreSale ICO on the other hand will be open to preselected countries ONLY, with limited provisions made for volume-based discounts.
The IEO CrowdSale will be hosted on at least two (2) prominent crypto-exchange platforms. In due time more details will be disclosed, to curb monopolistic attempts.

The CrowdSale will be availing two major payment options. which are:
1). Naira
2). USD (ETH, LTC, and BTC)

To ensure the sale events are carried out with extreme care, purchased coins will be distributed ONLY after the Sales. A minimum Soft-Cap of $10,000,000 USD will be applied to the sale, alongside a Hard-Cap of $15,000,000 USD.

Note: Unsold coins will be scheduled for a coin burn right before exchange listings; to manage NIRX coins value in real time.

NAIRAX IS ALREADY FEATURED ON....

ICOBENCH | ICOMARKS | ICOHOLDER | COINCODEX

DO YOU LIKE WHAT YOU SEE? Cheesy

Kindly visit our webiste and our social channels for full updates:

You can E-mail Us for Enquiries: hello@nirxblock.com

OR

Call Us: +2348162115488

Thank you for you time & best of luck

All project references found within our whitepaper

Copyright, NairaX©

Hey sorry I had to quote your lengthy intro ann. As it stands, can you guarantee the ecommerce launch at q3 2020? I hope it's no charade.

No need to apologise Pontiac, about your question; Yes we can guarantee this, especially with the upturn in current demand for altcoins. We have also been able to gather substantial funds from our ongoing ICO.

I strongly believe we may achieve our roadmap objectives probably before time.

Thx for clarifying.

My pleasure