Nexa

$NEXA

Got this project recommended by someone who's also into Kaspa (one of my favorite projects). We've put $100 just before it started pumping, so I decided to look into it more. But can't say that I like it.. After taking a quick look I'd recommend keeping your hands off of this.

The website is very hype-y. Everything is "extremely this" or "revolutionizing that". Everything is vague, just saying that it will increase capacity of a proof of work network to beyond what the entire planet needs. Smart contracts become "wise contracts" that are "extremely scalable", with no explanation on how that scale is achieved. Tokens are a native functionality that don't require a smart contract, again no explanation as to how. There's no whitepaper or docs with any usable explanations. They do have a YouTube channel, but the content is extremely inaccessible and doesn't inspire any confidence at all.

The team members are mostly involved with something called "Bitcoin Unlimited", which sounds like something that's involved with the core Bitcoin development, but I doubt it . The team members are mostly linked to their Twitter and not LinkedIn, making it really hard to find anything credible about them. Googling them also only reveals sketchy YouTube results from years ago.

Always happy to change my mind if anyone finds any interesting tech developed by this project. Show Less

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