Cryptocurrencies continue to enjoy enormous popularity, which is driven by spectacular growth in the value of the most popular ones. Digital currency enthusiasts have repeatedly emphasized that this is the money of the future.
This reality seems likelier than ever, especially at a time when states and central banks are not only starting to talk about adopting and using cryptocurrencies (El Salvador has not only recognized bitcoin as a currency but has also transferred some of its reserves to it) but are also considering issuing their own digital currencies for common use (China will probably soon be the first to introduce this). But will this continue?
Cryptocurrencies are only a small, albeit the most visible, part of an enormous technological advance. Cryptocurrencies and standalone blockchain are groundbreaking technologies that aren’t going anywhere and will significantly transform many industries and financial markets.
Just like the internet, which has irreversibly infiltrated all aspects of modern life in the 30 years of its existence.
Should we limit ourselves to using blockchain for cryptocurrencies alone, or can we go even further? Well…
First, the token…
It’s impossible to talk about the NED project without starting with the token itself. The NED Token is the main pillar of the entire NED ecosystem, an innovative combination of several platforms that take advantage of blockchain technologies.
These platforms bring a new quality to the world of cryptocurrencies and the existing startup network ecosystem. The NED token itself is known as a utility token, which means that it will be the main mean of payment within these platforms.
The NED token currently uses its own system, the same as the ERC-20 standard. The issuer is also working on a BEP-20 standard token.
…and then a whole ecosystem
The tokens will ultimately be used in the wider NED ecosystem, which brings together several specialized platforms and companies associated with the NED…
