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THE NXT GENERATION
BLOCKCHAIN

A blockchain safe haven for Investors and like-minded Entrepreneurs.

Whitepaper
Tech Docs





WHY NXT?



The blockchain industry faces many significant issues and NXT Technologies aims
to combat these issues by creating a layer one permissioned blockchain that is
foundationally built on software built by some of the largest tech giants in the
world.


Credible
Fast & Efficient
Enterprise Driven
Community Driven


CREDIBLE



NXT Technologies utilizes Hyperledgers collective of blockchain tools.
Hyperledger is a project hosted by the Linux Foundation to help developers and
companies work together to build collaborative blockchain projects. Designed by
industry giants such as IBM, Intel, Samsung, and supported by J.P Morgan, and
American express among many others. In this way, we ensure that our blockchain
remains stable regardless of impending future laws put forward by the government
or other regulating bodies.


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FAST AND EFFICIENT



Not only can our blockchain support 500-1000 transactions per second, but NXT
Technologies is hyper-focused solely on the blockchain and is a lean, highly
specialized team of experts. This hyper-focus results in high efficiency and low
overhead costs, which are passed onto our clients so they can focus on their
business specialty. Consequently, we can generate time and cost savings, which
we can provide to our customers.


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ENTERPRISE DRIVEN



NXT Technologies attracts a vast audience of investors/customers. Our primary
objective is to work with businesses to develop enterprise blockchain value
addition, ranging from commerce to gaming, and consists of:
‍
- System of Record
- Auditing and Logging
- Monitoring
- Reporting and Regulatory Requirements
- Authentication, Authorization, and Accounting Requirements


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COMMUNITY DRIVEN



In an industry that relies on individuals exchanging value with one another and
combining into a decentralized consensus, nothing matters more than community.
NXT Technologies harnesses its community's power as a varied, growing talent
pool to build the NXT Technologies ecosystem. While simultaneously performing
critical audits and vetting projects put forward – ensuring a secure and
risk-free ecosystem on the NXT Technologies network.


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Proof-of-Authority
Permissioned VS Permissionless
Secure
Incentavized Participation
Scalable and Sustainable


PROOF-OF-AUTHORITY: ENVIRONMENTALLY FRIENDLY AND SUSTAINABLE PROTOCOL



The consensus mechanism on NXTChain is Proof-of-Authority. Validators and
Delegators work together to power NXTChain enabling the economy by staking
within the network and acting according to the consensus rules. Participants
receive rewards for successful validation of blocks to the NXT Network.
Validators and Delegators are not responsible for ensuring the compliance of a
transaction, only that the transaction has been properly completed by protocol
rules.


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PERMISSIONED VS PERMISSIONLESS


Permissioned

Closed; Requires permission to join the network and participate in consensus

Incrementally decentralized to fully centralized; A governing authority acts as
a gatekeeper

Transactions are private

Speed and high performance

-scalable Networks

Energy-efficient

Development by private entities; Less mindshare

Governing authority provides certain level of trust in the system

Consensus is reached quickly because computations are less complex due to
limited users



Permissioneless

Public; Does not require permission to join the network & participate in
consensus

Fully decentralized, no gatekeepers

Transactions are transparent and accessible

Slow transaction speed

- Difficult to scale

Consumes a lot of energy

Development open-source; More mindshare, as there are more developers

Trustless;
The maths provide the proof

Consensus takes longer to reach due network size and complexity of computations

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SECURE



Unmatched Security And The Preparation For A Trustless World: NXT Technologies
enables safe interaction of transactions between any actors, even those who do
not know or trust one another. It provides a platform for creating trust where
it might not otherwise exist, creating completely new markets and business
prospects. NXT Technologies is demonstrably secure against malicious actors and
Sybil attacks thanks to our consensus mechanisms -- PBFT, Federated,
Round-robin.


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INCENTAVIZED PARTICIPATION



NXTChain has an incentive system that compensates users for their engagement,
either as stake pool operators or stake delegators, in order to preserve the
network's lifespan and health. Any NXTChain user with a proven identity can join
and propose to any committee. Proposals need to be staked to prevent the system
from spamming council or committee members. The Governing Council is operated by
network participants and members and will be decentralized over time.
‍
- Governing Council --> Oversees all Committees
- Technical Team --> Oversees Technical Upgrades
- Economic Committee --> Overseeing Network Economy
- Corporate Governance and Nominating Committee


Find Out More


SCALABLE AND SUSTAINABLE



Proof-of-Authority allows NXTchain to scale to satisfy demands with low energy
consumption. A mix of new strategies, such as multi-ledger, side chains, and
parallel transaction processing over multi-party state channels, are used to
accomplish the performance-sustainability balance. As the number of stake pools
rises, the network expands and parameters are defined and tweaked to gauge the
allure of various stake pools. This network immediately rewards involvement.
NXTChain is made to make sure that people who act in the network's best
interests also act in their personal best interests. This guarantees the growth
of a healthy ecosystem, which in turn protects the network's durability, health,
and resilience both today and in the future. NXTChain is able to achieve the
throughput necessary to satisfy the changing requirements of global systems,
including financial, logistical, identity, and societal systems, because to the
combination of sustainability and scalability.


Find Out More


ROADMAP

Check out our Roadmap for the upcoming year!

4TH QUARTER 2022

NXTChain Mainnet and Testnet deployed

NXT listed on CEX

Website, NXTScan, NXTWallet

Pre-sale

Node 1 Pre-Development

Certik Audit

Initial marketing push

1ST QUARTER 2023

Creation of DeFi ecosystem on Testnet

DEX, NFT marketplace, lend/borrow, launchpad

Embark and vetting of the first 2/3 project to create a beta version for the
Testnet

500 machines delivered and connected as validators for our network

NXTtreme Node-tier 1-delivery and deployment

2nd generation node development (design and implementation) -- tier 2

2ND QUARTER 2023

Finalization and start of staking mechanics for validators/nodes

Official launch of first 2/3 project on Mainnet

Upgrade blockchain to our users specific needs

500 NXTreme node NFT collection launch

3RD QUARTER 2023

Official launch of DeFi ecosystem on Mainnet

Embark and vetting of 5-10 new projects to create beta version for Testnet

2500 machines delivered and connected as validators/nodes




MEET THE TEAM


CEO
Rondell Fletcher - CEO

Rondell is an executive producer / television engineer with a strong emphasis in
entrepreneurship and investing. He has been in business for 20+ years and in
blockchain and cryptocurrency since early 2012. While being in the crypto space
as an early adopter and investor, he noticed avoid in the market and has
concentrated on integrating enterprise with the fast-moving cryptocurrency
space.


COO
Bradley Kitzul - COO


Brad is an Electrical Engineer who aims to bridge the gap between technology and
business as we develop new business ventures using blockchain technology. He has
completed his masters in electrical engineering and has been involved in the
blockchain industry since early 2015. Furthermore, he has developed and launched
multi-million dollar blockchain businesses prior to working on NXT Technologies.


CEO
CtO
Davide Cotti - CTO


Davide is a serial entrepreneur and blockchain architect who aims to bring
blockchain technology to the masses. He has been coding since his teenage years.
In 2017, he shifted his focus towards Solidity and the blockchain. His goal is
to develop relationships with government officials, leaders of the industry, and
business professionals, while revolutionizing the way data is managed and
shared.


CEO
CcO
Brian Jaramillo
Creative Director

Brian is a designer/entrepreneur who has developed a variety of innovative
apparel brands and shipped ~1.5 million T-shirts to retail. As a designer, he
has done work for Nike, Nickelodeon, and Lids, and most recently, he did the
personal logos for Jrue Holiday, Julius Randle, and Tyrese Haliburton. In crypto
since 2015, and now involved in multiple crypto projects.


Octocode Development Firm

Octocode is an innovative boutique agency with a wide scope of development
capabilities, including web, apps, and blockchain. Located in Mexico City CDMX,
the team, led by Javier Villegas, has extensive experience and consistently
exceeds client demands with out-of-the-box solutions.


Nikita Brown
Consultant Engineer

Nikita Brown is a Senior Engineering Project Manager for The Boeing Company,
managing modifications for all Boeing production aircraft. He has a Mechanical
Engineering degree and a Master in Business Administration. Nikita developed a
passion for blockchain and cryptocurrency in 2019. He advises the team and is
helping to grow and guide the community.


CEO
Cedera Solutions
Accounting Firm

Cedera is a small accounting firm that has been serving residents of Southern
Nevada for almost ten years now. Cedera specializes in personal income tax,
corporate tax, bookkeeping, payroll, cost accounting, financial reporting, as
well as many other areas of accounting. Working with the IRS is another one of
Cedera specialties. They handle all IRS notices and represent clients on both
the state and federal levels—up to appeals and/or litigation.


CEO
Devin Cooke
In-House Accounting

Devin is currently working as a managerial and tax accountant for Cedera
Solutions. He obtained his bachelor’s degree in business administration from
Utah Tech University and his master’s in accountancy from UNLV. Devin plans on
furthering his education by obtaining both his CMA and CPA license in the near
future.


CEO
Larenz Hamilton
Graphic Design

Larenz is a full-time graphic designer and has a passion to design product
packaging with 100% unique design, high quality, and amazing service. He is an
experienced designer and has worked as a graphic designer for more than 5 years.


CEO
Javier Villegas
Full-Stack Developer

CEO of Octocode -- Octocode is an innovative boutique agency with a wide scope
of development capabilities, including web, apps, and blockchain. Located in
Mexico City CDMX, the team, led by Javier Villegas, has extensive experience and
consistently exceeds client demands with out-of-the-box solutions.


CEO
Lunar Strategy
Marketing Agency

Lunar Strategy is a leading marketing firm and specializes in web 3 marketing
and covers a wide range of services and techniques. The specific company market
strategy is based on their business needs and goals. They contribute the
following: Blockchain PR, Web3 Communities, Crypto Influencer Marketing, Crypto
Paid Ads, Web 3 Social Media.


CEO
Infocus Media

Infocus is well versed in a multitude of live and taped mainstream programs,
such as live sports, multi-media, post- preproduction, animation and graphic
design. Having a knowledgeable team and the combined experience of over 30-years
in the industry, we have collaborated and produced content for clients such as
ABC,NBC Universal, MTV and Latin American networks to name a few.



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