About
Cryptocurrency is disruptive but more people need to understand it in order for it to be truly transformational. Nexxus has chosen a suite of services designed to help popularize cryptocurrencies. They pivot around the Nexxus Rewards - Global Rewards Community. Merchant loyalty programs suffer from several problems that blockchain technology can uniquely solve. As Nexxus Rewards solves some of those industry-specific problems, it will help the overall cause of cryptocurrency adoption.
The core technology is Nexxus Rewards - a global rewards community. Nexxus Rewards facilitates the use of cryptocurrency with a win-win-win situation for the merchants, shoppers and the local community. Shoppers have mobile and desktop apps to find Nexxus merchants to collect and redeem Nexxus Rewards points. Nexxus Merchants have Nexxus promotional advertising in their stores. The Nexxus Rewards technology is already up and running in production with beta merchants currently offering free cash back rewards to shoppers.
Nexxus merchants can come from all types of businesses in the local community such as bakeries, salons, restaurants, boutiques, dry cleaners, tire stores, flower stores, gift shops, cafes, pizza parlors, burger joints, frozen yogurt shops, grocery stores, services stations, butcher shops, game centers, miniature golf, movie theaters, home repairs, real estate, car dealerships, etc.
Nexxus Rewards is the first global rewards loyalty technology for bitcoin and other top cryptocurrencies. Nexxus Rewards meets people where they are most comfortable today by accepting any local fiat currency and eventually leading them to the virtues of cryptocurrency.
Nexxus Rewards plans for explosive growth worldwide with a trained and certified independent direct sales force and a distribution strategy designed to create critical mass in local communities in order to provide enough shoppers for the merchants and enough merchants for the shoppers.
Nexxus Partners has a strong technology background and has developed all of its technology internally over many years. All technologies, including the Nexxus Global Rewards system and its many supporting services such as the Nexxus University Learning Management System (LMS), the Nexxus Barter system and the Direct Sales Management system are all developed, owned and controlled by Nexxus with no third-party dependencies for critical functionality. This enables Nexxus to move quickly with enhancements and refinements to meet the changing needs of the business environment.
PROBLEM
Local problems are best solved by local solutions. Local charities and non-profit organizations have always been the best at solving local social challenges, whether it has been at the local soup kitchen to feed the homeless, the local shelter to protect battered women, or the local animal shelter for abandoned animals.
But these programs are severely underfunded and hindered by government bureaucracy, wasteful overhead expenses, and lack of timely donations.
Local small and medium size businesses provide the vast majority of jobs and they best understand the local needs of the community. A higher percentage of every dollar spent with a local business stays in the local community. But they struggle to compete with large corporate enterprises, big-box stores, and national chains.
20% of small businesses fail in their 1st year. 30% fail in year two, and 50% of small businesses fail after 5 years.
SOLUTION
Charities get a leveraged perpetual fundraiser to indefinitely fund their important social causes from an endless network of referred shoppers who tell their friends, and who tell their friends, and ... well you get the picture.
Merchants get and keep new customers with a completely risk-free and affordable marketing solution where they pay nothing until after the sale, and when they do pay, they name their own price.
Shoppers collect and redeem shared Nexxus Reward points like cash from all participating merchants. That is free shopping dollars just for shopping and sharing with their friends.
The Nexxus Rewards technology is already production-ready for revenue generation with product development and market testing completed.
TOKENOMICS
The Nexxus Token has built-in buyer demand as the internal currency of Nexxus Rewards. Every purchase in any currency drives the buyer demand and the value of the Nexxus token. Regardless of the currency used for the purchase, the cashback reward percentage offered by the merchant is automatically purchased from the market in Nexxus tokens.
For example, if a merchant offers a 10% cash-back reward and the shopper spends $ 100, Nexxus Rewards takes $ 10 from the merchant and buys $ 10 worth of Nexxus tokens from the public exchange. Potentially tens to hundreds of millions of dollars rewarded daily in Nexxus Reward points creates tremendous utility buyer demand.
Similar to the Ether coin used by Ethereum, the Nexxus token has a utility as the internal currency of Nexxus Rewards and can increase in value as usage of the Nexxus Rewards solution grows worldwide. Ethereum provides computing services for a market of programmers, while Nexxus provides marketing services for a much larger market of merchants and shoppers.
SALE TOKEN
Nexxus Token will soon be starting the public sale.
50M Nexxus tokens are being offered at a price of $ 0.20 each with a
GUARANTEED BUY-BACK of $ 1.00 from merchant shopping transactions
SYMBOL: NXX - Nexxus Token
TOKEN TYPE: ERC20 Utility Token
EXCHANGE RATE: 1 USD = 5 NXX
TOTAL SUPPLY: 375,000,000
TOKENS FOR SALE: 50,000,000
SOFT / HARD CAP: $ 2M - $ 10M USD
Distribution Token
TOTAL SUPPLY: 375,000,000
ANGEL: 98,000,000 - 26%
Nexxus Tokens are distributed to initial investors for seed capital.
RESEARCH: 56,000,000 - 15%
Nexxus Tokens is distributed to participants of the technology and business research phase and the conceptual design phase prior to the technology platform development.
EVANGELIST: 69,000,000 - 18%
Nexxus Tokens is distributed to contribute product evangelists during the development and testing phase and the marketing development of the initial educational products.
DISTRIBUTED: 243,000,000 - 65%
Nexxus tokens have already been distributed for the design, development, testing and refinement of the Nexxus ecosystem of cryptocurrency services.
SALE TOKEN: 50,000,000 - 13%
RESERVE: 82,000,000 - 22%
Nexxus tokens are outstanding and reserved for promoting this digital token sale and for the business development of the Nexxus merchant network.
Use of Funds
TOTAL FUNDS: $ 10,000,000
SALES STAFF: 50.0% - $ 5,000,000
ADMIN STAFF: 15.0% - $ 1,500,000
ADVERTISING: 12.5% - $ 1,250,000
MARKETING: 5.0% - $ 500,000
PUBLIC RELATIONS: 5.0% - $ 500,000
INDUSTRY CONFERENCES: 5.0% - $ 500,000
CAPITAL FEES: 5.0% - $ 500,000
OFFICE & OVERHEAD: 2.5% - $ 250,000
Roadmap
1/2016 - 1/2018
Product Development
1/2018 - 6/2019
Market Test
6/2019 - 12/2019
Crowdfunding
9/2019 - 12/2019
Acquisition and Training of Sales Team
1/2020 - 6/2020
Traders Plano and Charity Acquisitions
6/2020 - 12/2020
North Dallas Expansion
1/2021 - 12/2021
Expand the Dallas area
1/2022 - 12/2022
Legs It's worth expanding the area
Team
- Robert A. Wood: Founder & CEO
- W. Terry Howell: Ed.D. COO
- RICHARD LEBLANC: Marketing Director
- Joseph Prescia: National Director of Sales
- Gary Berriochoa: VP Business Development
- Mike Sorensen: Director of Technology
- Bill Richardson: Financial Controller
- Michael Bailey: Localization Director
- Richard LeBlanc: Creative Director
More: Information, please visit the link below:
Website: http://www.nexxusrewards.io/
Facebook: https://www.facebook.com/nexxusrewards
Twitter: http://twitter.com/nexxusreward
By: the.ojodumeh
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2638115
ETH: 0xdEC485bb3C3265A4CD296E132A59068eba3eD951
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