Nexaa is a crypto platform that aims to provide a Web 3.0 ecosystem, offering services such as an app store, talent marketplace, and incubator hub.^[1][2]

Overview

Founded in 2023, Nexaa is a crypto platform that aims to offer a unified Web 3.0 ecosystem, providing an app store, talent marketplace, and incubator hub. It focuses on supporting cryptocurrency projects, users, job seekers, and start-ups with an emphasis on privacy and security.

The platform integrates multiple products to simplify operations and protect user data. Nexaa’s native token, $Nexaa, is used within the ecosystem for rewards and incentives.^[1][2][17]

Products

App Store

The Nexaa App Store aims to provide access to crypto-related apps, such as Binance and Trust Wallet, while simplifying discovery and enabling users to earn Nexaa tokens through various activities. It also offers courses on cryptocurrency topics and implements strict criteria for app listings. The platform plans to integrate over 4,000 decentralized apps, accessible through a single login.^[3][4]

Expand

Nexaa's Expand serves as a contest management platform that aims to assist cryptocurrency projects in organizing contests, giveaways, and promotions to encourage user engagement. It seeks to foster community building by rewarding participation and ensures transparency in token distribution and winner selection.

Creators can design contests, specify actions for participants to earn points, and configure prizes while integrating with various platforms for verification of actions. Participants register, complete designated tasks for points, and monitor their progress, with Nexaa verifying actions and announcing winners along with instructions for claiming prizes.^[5][6]

Talent Store

Nexaa's Talent Store serves as a Web 3.0 platform aimed at connecting job seekers with opportunities in the cryptocurrency sector. It allows job seekers to create profiles, receive job alerts, and apply for positions. Employers can post job openings and search for suitable candidates. The platform facilitates efficient communication and recruitment processes for both job seekers and employers.^[7][8]

Launchpad

Nexaa's Launchpad is a decentralized Web 3.0 platform designed for fundraising and launching cryptocurrency projects through Initial DEX Offerings (IDOs). It focuses on transparency and security in fund-raising and token distribution.

Projects seeking to participate must present an innovative idea, a clear use case, a committed team, and a minimum viable product. The process includes application, review, interviews, and launch support.

The Launchpad aims to assist Web 3.0 startups by providing mentorship, resources, and funding opportunities while fostering community engagement and collaboration with industry partners.^[9][10]

EAR'N'EXAA

Nexaa's EAR‘N’EXAA initiative aims to foster community engagement by recognizing user contributions through a points system. Users can accumulate Nexaa Points by downloading, reviewing, and rating apps within the Nexaa app store, as well as through participation in Expand activities and contests.

The program also acknowledges all participants in token sales by awarding points to those who are not selected. The Nexaa team plans to explore additional methods for users to earn points, which may further enhance engagement within the ecosystem.^[11][12]

Tokenomics

Nexaa Token ($NEXAA)

$NEXAA is Nexaa's native token, designed for multiple functions that aim to incentivize holders. Its various use cases seek to enhance the ecosystem, encouraging engagement beyond basic transactions.^[13][14]

Utility

The $NEXAA token serves multiple functions within the Nexaa ecosystem, aiming to enhance user engagement and facilitate decentralized governance.

• Community Governance: Token holders can influence decisions and propose features through voting.
• Fee Reduction: Token holders are eligible for lower transaction fees.
• Staking: Users can stake $NEXAA tokens to earn rewards, contributing to ecosystem stability.
• Referral Rewards: Users may receive rewards for successfully referring others to the platform.
• Dividends: Twenty percent of platform earnings are allocated to token holders.
• Token Deflation: Ten percent of earnings are directed towards reducing the token supply.
• Incentives: Programs are in place to acknowledge contributions from token holders and users throughout the Nexaa network.^[14][15]

Allocation

The total supply of $NEXAA is 10,000,000,000 tokens, distributed as follows:

• Token Sale: 21%
  • Seed: 2%
  • Private and KOL: 12%
  • Strategic: 3%
  • Public: 4%
• Team: 12%
• Advisors: 2%
• Staking & Incentives: 25%
• Ecosystem & Development: 10%
• Reserve: 10%
• Exchanges & Liquidity: 10%
• Marketing and Partnerships: 10%^[14][16]