Redefining the token economy: Nebulas founder Hitters Xu launches the new Smart asset platform nextDAO - AMBCrypto
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Redefining the token economy: Nebulas founder Hitters Xu launches the new Smart asset platform nextDAO

Biraajmaan Tamuly

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Redefining the token economy: Nebulas founder Hitters Xu launches the new Smart asset platform nextDAO
Source: Nebulas

Today, Hitters Xu who founded Nebulas, NEO and has many years of experience within the blockchain ecosystem as well as redefining the token economy has launched the new smart asset platform nextDAO.
Smart assets will be the next generation of digital assets that solve problems of traditional distribution such as being simple, crude, unregulated and economically fragmented. An example of this is ERC-20 token distribution on Ethereum, airdrops and similar distribution methods. Smart assets refer to an asset that is intelligently distributed on-demand based on the concept of contribution. A token is more than just ‘stock’ or voucher – the circulation of the token is more closely related to the ecosystem and contributes to a positive, cyclical economy.
NextDAO will be the first platform to explore smart assets, the building of a better decentralized autonomous organization, designing a better token economy [Better DAO=Better Token Economy] as well as focusing on data interactions and on-chain data collaboration. It will provide decentralized financial tools and products such as distribution and staking mechanisms. In addition, smart assets will spur community involvement, discover new business scenarios and promote ecosystem development.
NextDAO will redefine the token economy with improvements such as smarter fee payment, contribution rewards, on-chain governance, and collaboration. Starting with the Nebulas ecosystem, core nextDAO technology will be integrated onto Nebulas’ main network thus encouraging innovation and a paradigm shift that will form a universal foundation that will be used by a wide range of global users.
More features will be announced soon; stay tuned at the website.

Biraajmaan covers market trends of major cryptocurrencies. As a graduate in engineering, his interests lie in Blockchain technology. With over a year as a journalist, his articles focus on US and UK markets.

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