What is NEXO?
Running on a blockchain Nexo app was specially formed to provide to its users with immediately backed credits. Nexo wallet takes deposits from participants in sustained cryptocurrency and directly gives a customer cash credit in USD or EUR. Data about the credit is saved in smart contracts of a well-known platform. Nexo assists over 20 cryptocurrencies. The platform has its token that is running on Ethereum and is corresponding to all ERC-20 normas, it is known as NEXO. NEXO token owners are rewarded by a share of 30% of the company’s profit. As of March 2019, the market capitalization of the NEXO reached $48 million.