The AMA session on Nexo by Antoni Trenchev was recently held and he answered several questions ranging from how often will Nexo distribute dividends, what will the cut-off time be in future, how will NEXO loyalty vs. base dividends be calculated, when audit, when exchange, and when bank and more.
When talking about Nexo one of the commentators stated, like I said before, I was happy with my dividend payout, but when I saw people complaining about their payouts and saying goodbye Nexo we are going and saw Nexo tokens were dropping in value! I panicked and sold most of mine. But I want now buying more again.
Yet another commentator stated, if they paid in USDT, then most of it is gone. This time not only did my Nexo value plummet, so did the value of my dividend as it is paid in NEXO. If I got it in USDT, it could have been spent on buying the NEXO dip.
Sydney Ifergan, the crypto expert tweeted: “Nexo helps the value of your investment work for you anytime you need it to without having to give your crypto away. “
Overall, the community is happy with Nexo. However, they feel that it is important to market Nexo 360 times more, further stating that the plans were awesome. While they are doing a lot in building the community feels they should be letting the world know.
Further, with the retail demand for gold-backed funds and cryptocurrencies being on the rise, Nexo are well-equipped to meet the needs of those rushing to gold with their PAXG-backed Instant Crypto Credit Lines™.
NEXO Thinking Smart and Not Big
Nexo feels that many times innovation is all about thinking smart and not about thinking big. Further published that the minimum amount for the Nexo’s Instant Crypto Credit Lines™ is now at $10, therefore, making it the lowest credit minimum in the crypto space, further improving on the inclusivity and accessibility of financial services.
It is a good thing about Nexo dropping the minimum credit to $10. This is indeed a great step for people to participate in crypto and also a good step leading to mass adoption of crypto. Nexo is bringing in a lot of changes in the crypto world. They well know that small customers might become good one day.
Many of them appreciative about the new plans from Nexo and feel it is smart and not shallow.
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