NEXO

NEXO

Created using Figma
Created using Figma

Last Update

Jun 18, 2018

Nexo.io offers the World's First Instant Crypto-backed Loans. Our platform is already live - https://platform.nexo.io and services clients worldwide. Our project is a spin-off from Credissimo (https://credissimo.com), a European FinTech Group, serving millions of people across Europe for over 10 years, while being supervised by multiple European banking and financial services regulators. Nexo is being advised by multiple prominent figures from the Tech and Finance sectors, including Michael Arrington - Founder of Techcrunch and Trevor Koverko - CEO of Polymath.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • BingX
    NEXO/USDT 8 minutes ago
    $ 1.38
    $ 35.167 K
    1.47%
    -1.24%
  • Bybit (Spot)
    NEXO/USDT 10 minutes ago
    $ 1.36
    $ 1.765 K
    0.74%
    -20.16%
  • Bitget
    NEXO/USDT 22 minutes ago
    $ 1.37
    $ 151.926 K
    0.74%
    7.48%
  • Hoo.com
    NEXO/USDT 29 minutes ago
    $ 1.37
    $ 126.037 K
    0.74%
    -32.45%
  • FTX
    NEXO/USD 31 minutes ago
    $ 1.38
    $ 35.987 K
    2.22%
    12.37%
  • NiceHash
    NEXO/BTC 36 minutes ago
    $ 1.33
    $ 101.51
    -14.74%
    -9.20%
  • Binance DEX
    NEXO/BNB 38 minutes ago
    $ 1.40
    $ 10.275 K
    2.94%
    -50.62%
  • ProBit Global
    NEXO/USDT 45 minutes ago
    $ 1.38
    $ 73.364 K
    2.22%
    0.27%
  • Uniswap (v3)
    NEXO/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 49 minutes ago
    $ 1.37
    $ 2.505 M
    1.48%
    44.35%
  • Bitrue
    NEXO/USDT one hour ago
    $ 1.39
    $ 14.478 K
    2.96%
    -20.62%
  • Bitrue
    NEXO/XRP one hour ago
    $ 1.25
    $ 1.331 K
    -
    -
  • Mercatox
    NEXO/ETH one hour ago
    $ 1.87
    $ 7.159 K
    -10.53%
    -13.66%
  • Hotbit
    NEXO/USDT one hour ago
    $ 1.39
    $ 349.968 K
    4.51%
    55.95%
  • BitMart
    NEXO/USDT one hour ago
    $ 1.38
    $ 184.697 K
    -1.43%
    75.84%
  • BKEX
    NEXO/USDT one hour ago
    $ 1.38
    $ 186.915 K
    -2.82%
    0.98%
  • Mercatox
    NEXO/BTC one hour ago
    $ 1.74
    $ 140.982 K
    20.00%
    22.32%
  • Bitfinex
    NEXO/UST one hour ago
    $ 0.1181
    $ 7.958 K
    -44.29%
    -19.48%
  • Bitfinex
    NEXO/USD one hour ago
    $ 1.39
    $ 18.772 K
    -0.71%
    -44.59%
  • Bitfinex
    NEXO/BTC one hour ago
    $ 1.39
    $ 261.193 K
    -0.71%
    38.83%
  • Dfyn
    NEXO/0X7CEB23FD6BC0ADD59E62AC25578270CFF1B9F619 one hour ago
    $ 1.35
    $ 528.44
    0.75%
    -93.27%
  • Digifinex
    NEXO/USDT one hour ago
    $ 1.39
    $ 1.426 M
    -
    91.10%
  • Huobi Global
    NEXO/ETH one hour ago
    $ 1.39
    $ 169.899 K
    -0.71%
    11.56%
  • Indodax
    NEXO/IDR one hour ago
    $ 1.43
    $ 5.309 K
    19.17%
    28.84%
  • Huobi Global
    NEXO/USDT one hour ago
    $ 1.39
    $ 1.711 M
    -0.71%
    96.14%
  • Huobi Global
    NEXO/BTC one hour ago
    $ 1.39
    $ 324.098 K
    -
    21.71%
  • Dfyn
    NEXO/0XC168E40227E4EBD8C1CAE80F7A55A4F0E6D66C97 2 hours ago
    $ 1.35
    $ 4.28
    -
    -
  • Bitstamp
    NEXO/EUR 3 hours ago
    $ 1.36
    $ 1.678 K
    3.03%
    -71.22%
  • Bitstamp
    NEXO/USD 4 hours ago
    $ 1.35
    $ 1.514 K
    2.27%
    -47.61%
  • Hotbit
    NEXO/BTC 6 hours ago
    $ 1.35
    $ 273.889 K
    -1.46%
    16.32%
  • CoinEx
    NEXO/USDT 6 hours ago
    $ 1.34
    $ 8.27 K
    -0.74%
    18.77%
  • CoinEx
    NEXO/BTC 6 hours ago
    $ 1.33
    $ 5.927 K
    -2.21%
    79.38%
  • Poloniex
    NEXO/USDT 9 hours ago
    $ 1.38
    $ 788.41
    2.99%
    38,930.20%
  • BitBNS
    NEXO/INR 17 hours ago
    $ 1.53
    $ 0.3984
    -
    -
  • Gate.io
    NEXO/USDT 18 hours ago
    $ 1.37
    $ 5.337 K
    -
    -
  • Hotbit
    NEXO/ETH one day ago
    $ 1.35
    $ 159.808 K
    3.05%
    15.90%
  • YoBit
    NEXO/BTC one day ago
    $ 1.39
    $ 3.08
    -
    -
  • YoBit
    NEXO/WAVES one day ago
    $ 1.35
    $ 2.99
    -
    -
  • STEX
    NEXO/USDT one day ago
    $ 1.28
    $ 6.83
    -
    -
  • Uniswap (v2)
    NEXO/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 4 days ago
    $ 1.14
    $ 2.989 M
    -
    -
  • YoBit
    NEXO/USD 5 days ago
    $ 1.82
    $ 2.52
    -
    -
  • Binance
    NEXO/USDT 15 days ago
    $ 2.30
    $ 90.829 M
    -8.37%
    -11.46%
  • HitBTC
    NEXO/BTC 15 days ago
    $ 2.25
    $ 71.637 K
    -
    -
  • LATOKEN
    NEXO/USDT 15 days ago
    $ 2.44
    $ 1.111 K
    -
    -
  • YoBit
    NEXO/ETH 16 days ago
    $ 2.23
    $ 64.25
    -
    -
  • Bitexlive
    NEXO/BTC 20 days ago
    $ 401.14
    -
    -
    -
  • Bitexlive
    NEXO/ETH 20 days ago
    $ 2.50
    -
    -
    -
  • Bancor Network
    NEXO/BNT 20 days ago
    $ 2.32
    $ 269.19
    -
    -
  • Uniswap (v3)
    NEXO/ETH 3 months ago
    $ 2.23
    $ 1 M
    0.45%
    99.69%
  • Probit (Korea)
    NEXO/USDT 3 months ago
    $ 2.43
    $ 20.50
    -
    -
  • BKEX
    NEXO/BTC 3 months ago
    $ 2.07
    -
    -
    -
  • Atomars
    NEXO/ETH 3 months ago
    $ 3.20
    -
    -
    -
  • Atomars
    NEXO/BTC 3 months ago
    $ 2.15
    -
    -
    -
  • Huobi Korea
    NEXO/BTC 5 months ago
    $ 2.23
    $ 319.63
    -
    -
  • Huobi Korea
    NEXO/ETH 5 months ago
    $ 2.20
    $ 9.649 K
    -
    -
  • HitBTC
    NEXO/USDT 6 months ago
    $ 3.26
    $ 79.02 K
    -
    -
  • Binance DEX
    NEXO/BNB 8 months ago
    $ 1.60
    $ 63.815 K
    -
    -
  • Idex
    NEXO/ETH 8 months ago
    $ 1.72
    $ 5.679 K
    -
    -
  • Bitrue
    NEXO/XRP one year ago
    $ 3.38
    $ 223.34
    -10.34%
    -94.15%
  • Uniswap (v2)
    NEXO/ETH one year ago
    $ 3.68
    $ 3.619 M
    -
    -
  • Hoo.com
    NEXO/ETH one year ago
    $ 3.81
    $ 701.65 K
    3.53%
    3.86%
  • ProBit Global
    NEXO/KRW one year ago
    $ 4.00
    $ 69.499 K
    -1.96%
    1.01%
  • HitBTC
    NEXO/USD one year ago
    $ 3.73
    $ 167.028 K
    -
    -
  • BiONE
    NEXO/BTC one year ago
    $ 3.46
    $ 123.283 K
    -
    -
  • YoBit
    NEXO/DOGE one year ago
    $ 3.35
    $ 10.06
    -
    -
  • BiONE
    NEXO/ETH one year ago
    $ 0.9746
    $ 68.249 K
    -
    -
  • FatBTC
    NEXO/USDT one year ago
    $ 0.6892
    $ 348.44
    -
    -
  • Bamboo Relay
    NEXO/WETH one year ago
    $ 0.6382
    $ 1.433 K
    -
    -
  • ForkDelta
    NEXO/ETH one year ago
    $ 0.7274
    $ 2.176 K
    -
    -
  • Coinbit
    NEXO/BTC one year ago
    -
    -
    -
    -
  • Livecoin
    NEXO/BTC one year ago
    $ 0.4451
    $ 1.891 K
    -
    -
  • Livecoin
    NEXO/USDT one year ago
    $ 15.04
    $ 5.935 K
    -
    -
  • Livecoin
    NEXO/ETH one year ago
    $ 0.2749
    $ 212.54
    -
    -
  • Allbit
    NEXO/ETH one year ago
    $ 0.4683
    $ 1.008 K
    -
    -
  • HitBTC
    NEXO/ETH one year ago
    $ 0.2181
    $ 1.618 K
    -4.37%
    120.05%
  • Dex-Trade
    NEXO/USDT one year ago
    -
    -
    -
    -
  • Dex-Trade
    NEXO/ETH one year ago
    -
    -
    -
    -
  • Dex-Trade
    NEXO/BTC one year ago
    -
    -
    -
    -
  • BKEX
    NEXO/ETH one year ago
    $ 0.1163
    $ 127.176 K
    -
    -
  • Coinbit
    NEXO/KRW one year ago
    $ 0.1031
    $ 19.40
    -
    -
  • Atomars
    NEXO/USDT one year ago
    -
    -
    -
    -
  • Token.Store
    NEXO/ETH one year ago
    -
    $ 1.02
    -
    -
  • Bancor Network
    NEXO/USDB one year ago
    -
    $ 8.52
    -
    -
  • Hotbit
    NEXO/HTB one year ago
    $ 0.1137
    $ 18.00
    -
    -
  • Bitsten
    NEXO/ETH 2 one year ago
    $ 0.1085
    $ 3.264 K
    -
    -
  • Bitexlive
    NEXO/USDT 2 one year ago
    -
    -
    -
    -
  • Saturn Network
    NEXO/ETH 2 one year ago
    $ 0.1433
    -
    -
    -
  • CryptalDash
    NEXO/BTC 2 one year ago
    $ 0.1138
    -
    -
    -
  • CryptalDash
    NEXO/USDT 2 one year ago
    $ 0.1120
    -
    -
    -
  • CryptalDash
    NEXO/CRD 2 one year ago
    $ 0.0021
    -
    -
    -
  • CryptalDash
    NEXO/ETH 2 one year ago
    $ 0.1502
    -
    -
    -
  • Bitrue
    NEXO/BTC 2 one year ago
    $ 0.1780
    $ 311.733 K
    -
    -
  • ZG.com
    NEXO/BTC 2 one year ago
    $ 0.1539
    $ 29.034 K
    -
    -
  • ZG.com
    NEXO/ETH 2 one year ago
    $ 0.1531
    $ 380.236 K
    -
    -
  • Bancor Network
    NEXO/USDB 2 one year ago
    $ 0.1638
    $ 5.85
    -
    -
  • DDEX
    NEXO/WETH 2 one year ago
    $ 0.1729
    $ 136.59
    -
    -
  • Trade.io
    NEXO/ETH 2 one year ago
    $ 0.0970
    $ 2.518 K
    1.10%
    5.81%
  • CoinExchange.io
    NEXO/ETH 2 one year ago
    $ 0.0423
    $ 0.0423
    -
    -
  • CoinExchange.io
    NEXO/BTC 2 one year ago
    $ 0.3911
    -
    -
    -
  • Joyso
    NEXO/ETH 2 one year ago
    $ 0.0377
    -
    -
    -
  • TokenJar
    NEXO/WETH 2 one year ago
    $ 0.1496
    $ 59.08
    -
    -
  • Huobi Korea
    NEXO/BTC 2 one year ago
    $ 0.0973
    $ 6.067 K
    -6.56%
    304.87%
  • Huobi Korea
    NEXO/ETH 2 one year ago
    $ 0.0973
    $ 2.842 K
    -6.34%
    56.64%
  • Coinbit
    NEXO/KRW 3 one year ago
    $ 0.8921
    $ 3.364 M
    211.40%
    2,093.98%
  • Catex
    NEXO/ETH 3 one year ago
    -
    -
    -
    -
  • Catex
    NEXO/BTC 3 one year ago
    -
    -
    -
    -
  • DDEX
    NEXO/ETH 3 one year ago
    $ 0.0739
    $ 649.68
    -
    -
  • FatBTC
    NEXO/ETH 3 one year ago
    $ 0.0604
    -
    -
    -
  • Bitexlive
    NEXO/TRY 3 one year ago
    $ 0.0794
    -
    -
    -
  • Bitinfi
    NEXO/ETH
    -
    -
    -
    -
  • YoBit
    NEXO/RUR
    -
    -
    -
    -
Private Pre-Sale
Mar, 2018
Mar, 2018
100% completed
$52 500 000
28.3 K
cap
goal
100% cap completed
Goal 52 500 000.00 USD
Cap 52 500 000.00 USD
past
  • 1 NEXO
    =
    0.1 USD
Token Details
Ticker
NEXO
Accepted Currencies
ETH, BTC
Company Details
Registered Country
Switzerland
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
Categories
Platform

About NEXO

The leading regulated institution for digital assets, pioneer of the 1st Instant Crypto Credit Lines™ and the high-yield Earn Crypto Interest product.

The company’s mission is to maximize the value and utility of cryptocurrencies by offering tax-efficient Instant Crypto Credit Lines™, a high-yield Earn Crypto Interest Product, Send & Pay capabilities, and sophisticated trading & OTC services, while providing the top-tier custodial insurance and military-grade security of the Nexo Wallet.

Since 2018, Nexo has processed $75+ billion for over 3.5М users across 200+ jurisdictions.

$NEXO Token

The NEXO Token is our native cryptocurrency which brings token holders numerous benefits on our platform.

Holders receive up to 12% interest per annum on the NEXO Tokens held in both the Savings and Credit Line wallets of their Nexo accounts.

Also, holding NEXO Tokens automatically makes you a part of Nexo’s Loyalty Program which gives you:

  • Up to 50% higher yields with our Earn on Crypto suite.
  • Up to 0.5% cashback on crypto purchases or swaps via the Nexo Exchange.
  • Borrowing rates starting from just 0% APR.
  • Up to 5 free crypto withdrawals.

And last but not least, holding NEXO Tokens gives you the opportunity to participate in any future Governance Votes thus designing the future of Nexo (1 NEXO = 1 Vote).

Features

- Credit Card with Flexible Overdraft Limit
- Additional Virtual Credit Card
- Payments in Local Currencies
- No Monthly/Annual Fees
- Clients obtain an instant overdraft in fiat currency (EUR, USD, etc.) or cryptocurrency by placing their digital assets in an Overdraft Wallet

Technical Info

Nexo's instant lending platform offers seamless user-experience and military-grade security with 256-bit encryption.

We partner with BitGo to secure all crypto assets. BitGo is trusted by other market leaders such as Kraken, CME Group, Pantera Capital, The Royal Mint and UPbit.

NEXO Roadmap

  • 2018

  • • NEXO Token Launch
    • First $900K+ Dividend Distribution
  • 2019

  • • Huobi Exchange Listing
    • $2.4M+ Dividend
  • 2020

  • • $6M+ Dividend Distribution
    • 12% Earn on Crypto & Earn in NEXO
    • $12M Buyback Program
    • Loyalty Program Launch
  • 2021

  • • NEXO pairs on the Nexo Exchange
    • All-Time High of $4.07
    • First Governance Vote
    • Daily Interest on NEXO Tokens
    • Final $20M+ Dividend Distribution
    • Bitfinex Exchange Listing
    • $100M Buyback Program

Activity

Year commits:
0
Watchers:
20
Stars:
87
Forks:
50
Open issues:
3

NEXO Team

Verified 21%

Attention. There is a risk that unverified members are not actually members of the team

Kosta Kantchev
Managing Partner
verified
Georgi Shulev
Managing Partner
unverified
Antoni Trenchev
Managing Partner
unverified
Vasil Petrov
CTO and Co-Founder
unverified
Kalin Metodiev
Corporate Finance
unverified
Kamen Trendafilov
Finance Director
unverified
Bilyana Christova
Marketing
verified
Plamen Todorov
Blockchain Developer
unverified
Teodora Atanasova
Business Development
unverified
Joro Yordanov
Product Designer
unverified
Boris Delev
Technical Lead
unverified
Ivan Kostov
Marketing
unverified
Yasen Damyanov
Business Development
verified
Mario Krastev
Senior Quality Assurance Specialist
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Michael Arrington
Advisor
unverified

6 ICO

$67 500 000

Trevor Koverko
Advisor
unverified

5 ICO

$56 100 000

Paolo Tasca
Advisor
unverified

NEXO Interviews

Kosta Kantchev
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Managing Partner
Bilyana Christova
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Bilyana has been a digital marketing manager in the financial and tech industries for over a decade, and has been the Chief Marketing Officer at Credissimo. She has a penchant for the development of digital strategies, marketing management and results-driven marketing. Bilyana has numerous awards, including one for exceptional development of brand strategies and digital marketing campaigns.
Yasen Damyanov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Business Development
$ 1.38
3.39%
Crypto Stats
Daily, %:
3.39%
Weekly, %:
-25.72%
Monthly, %:
-43.01%
Market Info
Market Cap:
$ 767.036 M
Volume 24h:
$ 8.924 M
Circ. Supply:
560 M NEXO
Ticker:
NEXO
ICO profit
X 13.80
ICO Price~$0.1000

NEXO Reviews

crushcrypto.com
review

Opportunities:
Nexo is a public company that has a 10-year history, has operations in several countries, is growing and profitable. Very few ICO projects is backed by a company as established as Credissimo. This demonstrates the capability of the team.
Nexo is also advised by reputable entrepreneurs in the tech and blockchain space, who can open doors for the company to seek partnerships.
Credissimo has created an option to use Bitcoin to repay loans in 2016. The users who have been using this feature would have a much easier time integrating with Nexo’s platform because they are already familiar with cryptocurrency.
Using cryptocurrency as a collateral for lending has substantial potential as it would allow users to generate liquidity without selling the underlying cryptocurrency and triggering a tax event.

Concerns:
NEXO token is classified as a security token because of its dividend paying nature, so none of the current high-volume exchanges are able to list it. It is uncertain when exchanges supporting security tokens will operate and generate sufficient trading volume.
There are a number of operating blockchain projects focusing on using cryptocurrency to obtain loans, such as Salt Lending and ETHLend. Nexo will be competing with them in one way or another, although the entire space is huge and is big enough for multiple winners.

Conclusion:
Overall, we are neutral about the short-term potential of this ICO and like its long-term potential. Our thoughts of the tokens for short term and long term are as follows:
For ​short-term holding:
Neutral. The hard cap, although rather high, is likely to be filled with some unmet demand given the established nature of Credissimo and market awareness. However, since NEXO token is a security token and there is currently no exchanges supporting security token with high volume, it is uncertain when NEXO token will generate sufficient trading volume.
For long-term holding:
Good. We like lending projects (Salt Lending, Ripio Credit Network, Ethlend) in general and Nexo is no different. Nexo has indicated that they have received early requests and applications for the Nexo Instant Crypto Overdrafts exceeding $500 million. This makes us optimistic that Nexo can be successful in the long-term.

Read More
OhHeyMatty
68
Read More
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