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Nexa

NEXA#1042 by market cap

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

Nexa is for a platform other apps build on. We have not written its record yet, so its promises are not checked. It trades at $0.00000118, #1053 of all coins by size, 97% below its highest ever price.

This week Nothing changed on its record.

A real job. No dated promises on its pages. Nothing dated ahead. +27% to match its rivals. Nothing to be careful of on the record.

Is it real?

3 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
3 yearson the marketsince 2 April 2023
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3 of 4

  • A real-world jobReal-world purpose: a platform other apps build on
  • Real backingA named investor, an index, a major exchange, or a billion-dollar size.
  • Something aheadAhead: news this month about upgrade
  • Room to growRoom: worth $12.98M, 90 times smaller than Ethereum Classic, the biggest coin within reach doing the same thing (Smart Contract Platform)

No named backer

  • Origin2 April 2023about about 3 yearsnexa.org
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersNo public code repository listed
  • BackingNo named investorNot on a big exchange we track
  • Standing on the recordNo recordNo dated promise to judge yet2 headlines last monthNo corrections needed so far
The gap, and what to do

To be worth what the typical coin in Smart Contract Platform is worth ($16.48M), its price would need to rise 27%, to about $0.0000015. To match the leader, Ethereum Classic, 8912%.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Listed on fewer than two big exchanges
  • No named investor among its tags
  • Only 2 headlines named it last month
  • Years younger than the group's leader

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

+27%to be worth what its typical rival is worthand +8912% to match Ethereum Classic
$12.98Mworth todayprice × coins out
$16.48Mthe typical rival is worthSmart Contract Platform
$1.17Bthe leader is worthEthereum Classic
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

A platform other apps build on

453 coins tagged Smart Contract Platform, worth $723.36B together. #266 of 453 by worth.

Smart Contract Platform: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Nexa$12.98Mthis coin−6.6%52% outno record
  • Ethereum Classic$1.17B90.1× bigger, +$1.16B−3.4%, gap +3.275% outnone dated
  • Pi Network$1.08B83.5× bigger, +$1.07B−0.7%, gap +5.911% outno record
  • POL (ex-MATIC)$1.03B79.3× bigger, +$1.02B−0.3%, gap +6.3no max0 of 14 delivered
  • Gate$988.22M76.2× bigger, +$975.25M+0.7%, gap +7.375% out0 of 1 delivered
  • Kaspa$937.37M72.2× bigger, +$924.39M+0.0%, gap +6.697% outno record
  • Arbitrum$887.02M68.4× bigger, +$874.04M−2.6%, gap +4.067% outnone dated
  • Algorand$854.28M65.8× bigger, +$841.31M−2.1%, gap +4.590% out2 of 7 delivered
Same job, different how

Smart Contract Platform: this coin next to Ethereum Classic, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Nexa says
Nexa is a proof-of-work, UTXO Layer-1 Blockchain, with native tokens and smart contracts, that has the ability to scale for global P2P usage.
Ethereum Classic says
Ethereum Classic is a blockchain that runs smart contracts and is secured by mining computers competing to solve puzzles.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Nexa is a proof-of-work, UTXO Layer-1 Blockchain, with native tokens and smart contracts, that has the ability to scale for global P2P usage. By utilizing hardware to scale, Nexa removes two of the most important bottlenecks for scalability: Signatures and UTXO lookups.

Problem it says it solves: a platform other apps build on. 453 coins are working on it and together they are worth $723,359,964,122. This coin is 0% of that.

Where it trades: MEXC, Biconomy.com, CoinEx, BingX, Nonkyc.io

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

Smart Contract Platform: this coin next to the group's largest, Ethereum Classic.

NexaEthereum Classic
Years trading3 years11 years
Major exchanges09
Named backers00
Headlines, last month214
Promises deliveredno recordno record

What it says is different: Nexa is a proof-of-work, UTXO Layer-1 Blockchain, with native tokens and smart contracts, that has the ability to scale for global P2P usage. By utilizing hardware to scale, Nexa removes two of the most important…

It is 1.1% the size of Ethereum Classic. On the facts above it is behind on years trading, major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.00000118price of one−6.6% today
97%below its highest ever$0 on 2 April 2023
52%of the supply is out10.99T coins
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The last 7 days

7 days ago: $0.000001now: $0.00000118 (−18.5%)

Where today sits against its highest ever price

$0.00000118

Highest ever: $0.0000418 on 2 April 2023. Today is 3% of that.

52%

of all NEXA that will ever exist is already out in public hands: 10.99T coins.

48% (10.01T coins) is not yet created or held by the project. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Pays for every use of its network

Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.

  • Every transaction on its network pays a fee in it
$0.00000118price of one
×
10.99Tcoins out
=
$12.98Mworth today, #1053 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 52%of the maximum supply is in circulation: 10.99T of 21T.
  • 10.01Tcoins still to be released, 48% of the maximum. Releases can add selling pressure.
  • 3%of its all-time high of $0.0000418 on 2 April 2023. That is −97.2% from the top.
  • #1053by market cap, $12,975,128.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

2headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Headlines per day, last 30 days

2 headlines named this coin in the last month.

What they were about

  • Upgrade1

Why it movedDown 18% this week. No headline named it in the last three days, so the move is not explained by news we can see.

In the news
What people are talking about, last month:

Headlines are the publishers' own. News is never placed next to price.

The record itself

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

Pages saveddailycaptured every night
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy