Nexus NXS as of 8/30/17 Price: $3.20 Rank: 45
Exchanges: Bittrex & Crytopia
Marketcap: $166,44,373 low volume
Circ Supply: 52,063,854 NXS
First appears on coinmarket cap listing on March 6 2015
USD= 0.0017 cents
Very Active Social Presence including slack
Colin Cantrell Founder/Lead Developer (link to great interview below)
Website: Very Professional/Very easy to navigate/Very informative/displays live “want to chat icon to answer questions”
Mission Statement: “Nexus seeks to Free humankind from centralized systems. Being decentralized is not merely enough. We must decentralize the decentralization. Using software and hardware, Nexus seeks to build the foundation for the most decentralized system to ever be developed: Nexus Earth”.
White Paper(s) is divided into multiple sections of the various components
Free internet globally
Much improved currency
A network of cube satellites in space
Security designed with quantum computing in mind.
Combining: software, hardware, mining
Basic Explanation of what “network of cube satellites” means. Source: Reddit:
“a cube satellite is 10cm3 in size. About twice the size of a rubix cube. I’m not sure how many they plan to launch into low earth orbit but you would expect 000s. Redundancy is key in a distributed network so you would expect they are prepared to lose a few to space junk collisions etc… simply replace over time with more. New tech, new cubes”.
There is more in the white Paper on this.
This coin is set up to be VERY friendly for mining
PoW, PoS hybrid
The wallet appears to be easy with options (have not downloaded this yet)
The biggest CON is this is an incredibly ambitious project with multiple components to coordinate, could fail miserably (as could all the coins)!
The charts don’t say much, other than Nexus is waking up, very short term moves
Based in Tempe Arizona, USA
Nexus is hiring/great sign of growth
Large conference planned for Sept.
This project checked every box on my list and I plan to buy Nexus