Nexium

What is Nexium?

Nexium is the cryptocurrency behind the popular game, Beyond the Void (BtV). Beyond the Void is a game on the blockchain which provides an engaging and rich gaming experience for gamers all over the world. There are so many games that have been introduced in the crypto world, but the approach is different. While most games are focused on collectibles, Beyond the Void is making a difference by allowing players to do more than just collecting items.

Most of the cryptographic games that are associated with the blockchain technology are still under development.

However, Beyond the Void is already available, and gamers can find it on Steam. BtV is using Nexium as a medium of bridging the gap between the blockchain world and the world of gaming.

The idea is to bring control back to players. Nexium is supported by the Ethereum blockchain. Therefore, users are in a position to enjoy all the benefits including smart contracts.

Development on Nexium started in 2015. A beta version was released and sent to backers to test and fix any issues arising.

Two years later, more content was loaded onto Nexium, releasing the beta version to the public

What is the problem that Nexium Solves?

The gaming world has for a long time taken control away from the players, and placed it in the hands of tech companies behind the games. This is a problem that has taken the soul away from gaming. What Nexium is doing, is to bring back the power that gamers have, allowing them to genuinely enjoy the games they have access to.

In terms of conferring power back to the gamers, they have the ability to purchase, sell or even destroy the items that they buy in their games. Through Nexium, Beyond the Void is trying to come up with a cross-gaming platform that is a universe on its own. The plan is to have a lot of games that are linked together in one way or the other.

As a result of the Ethereum technology development ecosystem, it is now possible to realize this dream. For example, gamers on Beyond the Void who own a Crystalibur ship automatically have an Amaranthe card in case they also play Spells of Genesis.

Tokens and Wallets

One of the challenges that blockchain games experience, especially when compared to mainstream gaming platforms is the need for ownership of digital assets and purchase of the same. This concept is already a challenge. Together with the fact that the process of purchase, storage and use of the tokens can be difficult and counterintuitive, especially for an average gamer, makes this one of the most challenging experiences for gamers and developers.

On BtV, Nexium is the platform’s token. However, new users can struggle to purchase these tokens. A new user would have to give an exchange their identity, wait for verification, buy the cryptocurrency then get into another exchange where they can buy the tokens and then come back to the gaming site.

For experienced users, this is a normal process and they can plan around it. However, for a beginner or someone who is not a mainstream gamer, this process can be exhausting. This is one of the biggest challenges that Nexium has to deal with.

Players need to realize that they are exchanging real value. This makes a big difference for them, in the sense that they can eventually realize the power they have, in empowering the community of gamers, when the process is simplified.

To simplify this challenge, a digital wallet is all the players will need. In Nexium, there is no need for having to visit an external application or exchange to buy cryptocurrency or tokens. The platform fulfills all and any requirements that would be needed of a digital wallet.

Nexium was built to provide a user experience that goes over and above anything that mainstream gaming platforms are offering. This is achieved through interoperability of the digital assets. By offering a unified front for all games on the platform and a coherent storyline, gamers can simply use different assets in any of the games within the BtV universe.

How does Nexium Solve the problem?      

Being the coin supporting Beyond the Void, Nexium is used towards a different approach in bringing the game to gamers worldwide. Most gaming companies make players pay for the games.

However, Beyond the Void is different. It is a free to play gaming platform. Any cosmetic items that players would need in-game are available in the decentralized store, and Nexium is used to purchase these.

All the items that are available in the decentralized store are ERC20 tokens. Therefore, when a gamer purchases any of these items, they become the full owner.

Since all the items are available in short supply, owners also have the ability to sell them on the black market should they feel they no longer need any of the items that they have purchased at some point.

The Nexium ecosystem is specifically built for developers and gamers and powered by blockchain technology. In this ecosystem, you have access to all the games that are/will be produced by B2Expand, the company behind Beyond the Void.

All items that are available for in-game purchase on the Nexium ecosystem are also available here, and any Ethereum tools that are needed by developers are also available.

What makes Nexium better than the competitors?          

One of the biggest challenges that developers face in the market at the moment is accessibility. Anyone who is not enthusiastic about cryptocurrency would struggle to get into any environment that requires the use of cryptocurrency like Nexium.

It is important to appreciate the fact that the blockchain industry is still in the development stage, and as an emerging industry, accessibility challenges are always imminent.

However, since Nexium is built on Ethereum, there are more tools that are being developed for it and as time goes, accessibility should cease to be a problem.

Nexium Technology

The technology that was built into the Nexium project is designed to create a link between the world of gaming and blockchain technology.

The gaming world has a lot of interest, and in the recent past, there are so many people and brands who have invested heavily in this industry.

By advancing it on the blockchain platform, Nexium is showing that there is so much more that brands and users can take advantage of if they embrace blockchain technology fully.

Besides, being the first multiplayer online battle arena (MOBA) ICO, Nexium has gained interest and appreciation from a lot of enthusiasts, putting it ahead of the pack.

No Whitepaper

A whitepaper is an important part of any blockchain project. It provides interested parties a blueprint of the progress that the project is making, as they attempt to map the way forward for the future.

This will also help them determine whether their investment in the project would be worthwhile. Most projects that do not have a whitepaper barely ever get good attention.

However, Nexium has managed to succeed even without releasing a whitepaper. How is this possible? Nexium took a different approach compared to what other projects have been doing.

While a whitepaper gives users an idea of the architecture and technology behind a project or the roadmap of progress in the project, Nexium simply built a working project and released it to the masses.

This, in itself, is a confidence boost for naysayers, because it is a working model that has already won plaudits for many reasons, and is a fan favorite in the gaming world.

Fun in Tech

A lot of the blockchain projects that have been built seem to focus a lot on the element of currency than anything else. There are so many projects that were designed to fix some of the traditional concerns that are experienced in the financial market. This is where Nexium takes things a notch higher.

With Nexium, users are looking at a project that introduces a lot of fun and games in the blockchain world. Through the Beyond the Void game, users take up a strategy game where they command a spaceship through a major battle in space, in an attempt to beat the enemy opponent.

Value Proposition

Over time, the Nexium tokens will be burned. This is to make them scarce especially as the number of players grows. In the long run, burning the tokens should help increase the value of the token.

Players who back the token also have so much to look forward to, especially since tokens are awarded according to the player’s rank in the game. Therefore, the higher you rank in the game, the more tokens you can receive. These tokens can then be exchanged for items in the games, like skins for your battleship, boosters, avatars, and titles in the game.

Titles and ranks earn players different number of coins. An Army General, for example, would earn up to 50,000 NXC, while a Ship Pilot would earn 1000 NXC.

No Mining

A lot of projects out here are so focused on mining and do not address the inherent challenges that they might have based on the same. Nexium, however, is not about mining. In fact, users cannot mine Nexium tokens. 100 million tokens were created. 15% of these coins were distributed among developers and founders, another 15% set for communications and marketing. The rest was put up for sale in the 2016 ICO.

How can Nexium be categorized?

Nexium is a smart token that was built for the gaming industry. It introduces a new way of accessing in-game assets, which can be shared across different games as long as they exist within the Nexarium ecosystem. Nexium has also helped to reduce the cumbersome nature of transactions that gamers have had to go through in order to get cryptocurrency and buy tokens for the games they like, by introducing a wallet that brings all of these services in one place. This does not just reduce the amount of time gamers have to wait to get the tokens, but also makes work easier, and their transactions safer online.

What’s Nexium’s vision on Security?

Security is one of the most important or crucial elements of gaming online. Most average gaming platforms would have to store gigantic records of their customers on their platforms, especially in a central server. By introducing Nexium to gaming, this is different. Gamers, developers and gaming enthusiasts no longer have to worry about the risk of centralization of data. There is a lot on the blockchain that would help projects like Nexium champion a revolution in online gaming.

Nexium is built around the Nexarium ecosystem. This is a project of B2Expand, which was designed to support the availability of blockchain products in-game. All the assets are centralized within the gaming ecosystem, allowing users the benefit of accessing partner games and applications that are built on Ethereum in one place.

The products are designed with artistic direction and consistency. Ethereum projects are backed by smart contracts. These are lines of code that are written to perform specific actions when certain requirements are met.

Examples of Nexium use cases/applications

Gaming Assets

What B2Expand has done with Beyond the Void, is to make sure that through Nexium, users are able to enjoy complete and true asset ownership. Users can purchase cosmetic assets in the Nexarium ecosystem. These assets live in and can be managed within the Nexium blockchain. Therefore, they are also independent and fully portable within the game platform.

This means that as a player, you can collect assets in the games you play and either ruse them or keep them. You can also sell them to other players as entities built on Ethereum. The idea here is to introduce and support the cause for cross-gaming trading. This forms a part of the playing experience, allowing gamers the ability to trade and move assets from one platform to another.

Corporation Shop

The corporation shop was specifically designed for users to buy and sell cosmetic limited-release items. These are items that are very rare to find in the games.

Resources

http://b2expand.com/about/

https://beyond-the-void.net

https://bitcointalk.org/index.php?topic=1630816.msg16531094#msg16531094

 

I/O Coin

What is I/O Coin?

I/O Coin is an innovative cryptocurrency built with an emphasis on security and privacy, while at the same time offering a myriad of features built on the blockchain platform. I/O Coin is focused on providing a balanced and fair distribution. This was achieved by adding a sophisticated cryptographic hash in the source code. It is a project that is focused on scalability, global adoption, and security.

Since the launch of the I/O Coin, this project has achieved synergy through different inherent features, trust, and support. It is one of the few projects that has managed to enjoy 100% uptime in more than 32,000 hours of computing proof of stake consensus.

There is a sheer and robust commitment to securing the I/O Coin chain. The development team behind I/O Coin is committed to offering a safe, user-friendly and game-changing blockchain framework.

The I/O Coin project has made development one of the top priorities, and since then, have formed a non-profit foundation that helps to inform people about the I/O Coin blockchain, and encourage more people to open up to the prospect of blockchain technology.

By creating awareness, individuals and companies will be able to adopt I/O Coin and other blockchain based application services.

Protecting privacy and giving the right to ownership of personal data to users is an important part of technology today, especially if the communication is supposed to be trustworthy and secure.

This, together with the features of the I/O Coin blockchain, is expected to be a game changer in the blockchain ecosystem. I/O Coin is creating a private and secure blockchain that is efficient in any application, idea or business. As long as the user has an available API, they can connect to the I/O Coin blockchain.

What is the problem that I/O Coin Solves?

Ever since the development of Bitcoin, there have been so many developers who are invested in creating the competing peer to peer digital assets.

Most of these, unfortunately, were no more than copies of Bitcoin, which did not offer any promise regarding the features, design or purpose.

There were many others that even made attempts to improve on the path that Bitcoin had started, but this has since proved to be difficult to realize altogether.

There are viable proposals to improve on the Bitcoin technology. On their part, Bitcoin has also made attempts to improve the expanding power and ability to mine coins.

However, this comes at a cost. It is estimated that the average spending on power consumption a day globally is at least $150,000, in 2013, and this is attributed to Bitcoin mining alone.

In 2018 January this estimate had risen to more than $5 million in a day. In light of this realization, one of the biggest problems that need addressing is that of exorbitant power consumption as a result of mining.

Building on the need to address the Bitcoin challenges, I/O Coin was introduced. I/O Coin could reduce the spending on consumption by 30%, and added several improvements, making it a safer alternative.

Later developments would bring forth the I/O Coin in 2014, with a unique approach to proof of stake consensus.

How does I/O Coin Solve the problem?    

I/O Coin introduced a blockchain upgrade, DIONS (decentralized I/O Name Server). The role of DIONS is to enable data on the blockchain with enhanced capabilities for identity and document storage. Through this upgrade, users can look forward to AE5 encryption messaging, and a complete alias system.

All the fees received from the alias system, IOC data and messaging are redistributed into the system to all active steakers. This is to make sure that there is sufficient incentive for users to keep staking and secure the network.

Facing challenges like security breaches, data bloating and the fact that user-friendly features were the stumbling blocks to realizing the blockchain dream, I/O Coin initiated an upgrade that would become the entry point for the blockchain. With this in mind, I/O Coin uses a proof of stake algorithm called CiPher.

Through this algorithm, I/O Coin has managed to enhance the platform by improving staking and security features and making sure that the same applies to messaging, decentralized encryption and any other features that are inherent to the platform.

By combining all the security features and the decentralized blockchain, DIONS has proven to be a successful part of the I/O Coin project and making it one of the best blockchain platforms that offer a user-friendly experience.

I/O Coin never had a pre-mining run for their coins. I/O Coin runs on proof of stake (PoS) instead of proof of work (PoW) consensus.

The reason for this is because proof of work demands that users have to calculate hashes repeatedly to have their transactions validated. This, therefore, becomes a challenge on the network regarding the resource strain and is also dangerous for the environment.

Instead of proof of work, proof of stake depends on the user proving that they own the coins they stake. In this regard, those who own larger sets of coins, or who have held coins longer, have a higher chance of signing the subsequent blocks.

This also makes proof of stake faster and more environmentally friendly as compared to proof of work. Other than that, it is also cost-effective, setting I/O Coin ahead of projects that are inherently running proof of work, like Bitcoin.

What makes I/O Coin better than the competitors?        

The issue of privacy and security in blockchain technology has been discussed in so many projects. A lot of such projects make a promise to deliver on these features and services, but this is not always the case. Given that I/O Coin has managed to do this successfully, the following are some of the reasons why I/O Coin is better than most of the projects competing in the same right.

DIONS

This is one of the unique features of the I/O Coin project. It is technology that was specifically built for I/O Digital, providing an array of features that use the blockchain technology, including encryption, file storage, and private messaging support. DIONS also supports decentralized applications that are built to run on a P2P network.

HTML5 Wallet

I/O Coin also has an innovative and intuitive HTML5 wallet. The idea behind this was to make the I/O Coin as user-friendly as possible. This is one of the few projects that can be used by beginners without worrying about anything.

The wallet can be accessed anywhere in the world, making it a one-stop shop for users who need to send fully encrypted messages, use private file storage, and enjoy secure transactions while at it. It is also through this wallet that users can stake coins, thanks to the impressive GUI.

File Transfer and Storage

Through DIONS, I/O Coin has made it possible for users to enjoy secure file storage and transfer. All files and information that is shared on the I/O Coin network are encrypted, so there is no chance of someone intercepting them for their own nefarious reasons. Besides, it is also possible to transfer file ownership on I/O Coin.

Chameleon Technology

The introduction of Chameleon technology to I/O Coin is a good idea because it helps to improve the interaction between different P2P networks, in the process increasing the level of interoperability in any central provision system.

Trend-setting

There are so many projects that are basically clones of existing projects. It is very easy for such projects to fail, especially when faced with challenges or fixes they cannot handle.

What makes I/O Coin different is that while most altcoins follow in the paths of the likes of Ethereum and Bitcoin, I/O Coin created a new, innovative platform for applications, which improve the technology upon which all the other currencies are established.

Feature-rich Platform

One of the other benefits of I/O Coin is that this is a platform that was built with a lot of features through the I/O blockchain, and introducing the DIONS technology.

These are features that are not available in any other cryptocurrency project. For this reason, therefore, I/O Coin gives users a lot of tools and services which can help them increase their usability and at the same time, give them a very good user experience. This has also increased patronage and awareness of I/O Coin among the public.

Credibility

A lot of the I/O Coin projects are owned or developed by teams who maintain a shrewd level of privacy over their personal identities. This can be a confidence struggle for anyone who is planning to invest in their projects. Unlike them, I/O Coin developers are publicly identified. I/O has even been registered as a non-profit organization in the Netherlands.

This is something that sets I/O Coin apart from most of the other projects. Take Bitcoin, for example, a very successful project, but to date, the identity of Satoshi is yet to be clearly set. There is a lot of conspiracy as to whether Satoshi is a person or a group, and this only leaves room for conspiracy theories.

How can I/O Coin be categorized?

I/O Coin is a project that was built to promote a fast, secure and user-friendly blockchain environment to help increase the adoption of decentralized services all over the world. This is in light of the fact that there are so many blockchain projects, but very few are accessible to the average user.

What’s I/O Coin’s vision on Security?

After successfully launching DIONS, the development team at I/O Coin has been working on adding more privacy features to the existing ecosystem. On this note, stealth addresses were introduced, which integrate ring signatures.

Stealth addresses are important in making sure that users can engage in their transactions without worrying about privacy concerns. This is true for IOC receivers and data privacy. Such has been a challenge in many projects, even those that promise security and privacy of data. Stealth addresses protect privacy by getting a payment sender to generate a one-time address using one public stealth address.

Ring signatures allow the user to create a key signature for any number of stealth addresses. Therefore, it is impossible for anyone to determine which key was used in writing that signature. Ring signatures act as a complement to stealth addresses. Users can sign on any transaction and observers will not determine the identity of the person who signed the transaction. Therefore, this system is always working towards providing a very powerful resource for anonymity in document transfer.

Examples of I/O Coin use cases/applications

By creating a platform that is as secure as I/O Coin is, there are several uses to which this blockchain platform can be applied, including the following:

Balloting

I/O Coin has a secure channel mechanism. This means that it is a system that can be used to offer secure voting. Anyone can call a ballot for any different reason. To call a vote, it is important to establish what the ballot alias is. This can be anything from a designated group or even a functional alias.

Group Messaging

The I/O Coin system makes it possible for users to engage in encrypted peer-to-peer communication. With this in mind, it is now possible to extend the service to different groups or memberships.

A lot of popular messaging services claim to offer encryption services, but in recent times, this has been debunked, highlighting some of the flaws in their systems. This calls for the need to have a better, safer way for people to interact, share and discuss technological and political views without worrying about repression, clampdowns or sudden censure of the messaging platforms by state agencies or governments. This is where I/O Coin comes in handy since it offers a truly secure and safe, private communication platform for group messaging.

Scientific Computation

I/O Coin is currently working with experts to investigate how the blockchain project can be used in cancer development and research for treatments. Primary interest is on proteins with highlighted mutations or distribution changes in cancers. Any staking power that is not used in the project is utilized in assisting scientific computation.

Resources

https://coincheckup.com/coins/I/O-Coin

https://www.iocoin.io/

https://iodigital.io/

https://iodigital.io/news-and-updates/

https://iodigital.io/faq

https://www.docdroid.net/0hq7LH9/io-whitepaper-v2-final.pdf