Nxt – for Entrepreneurs, Indie Artists and Companies

Nxt features tools for entrepreneurs, artists and companies to manage their ventures:

  • Crowd Funding
  • Sales and Distribution
  • Brands

Crowd Funding

Going to start a new project but haven’t yet got the required funding? Or, perhaps you have an idea for a new product but you are not sure of its prospects for success and therefore need a stronger financial buffer.

Crowd funding has never been easier. Using the simple ‘Issue an Asset’ menu, you can quickly create an asset related to your product or service which others can then purchase, thereby demonstrating their support for your project. Thus, you receive both the necessary funding for your project, valuable publicity by virtue of your asset’s listing on the integrated exchange and a sense of the likely extent of your project’s appeal.

Furthermore, you will also be able to use the Nxt platform (starting from version 1.5) to ask for your assetholders’ help to make strategic decisions by using the voting platform.

Sales and Distribution

If you already have a production-ready product or a ready for delivery service, the integrated marketplace makes it even easier to develop your customer base, for example, by offering discounts to build customer loyalty.

In order for your customers to find your products, Nxt allows you to mark them with up to three custom tags of your choice. Your customers can also leave valuable feedback for you after they have purchased something from you.

Among the first people to use the Nxt marketplace were artists selling their pictures, writers selling their articles and books and independent musicians (so-called ‘Indie Artists’) selling their songs. Besides creative industry products, domain names, vouchers, properties and much more are for sale on the marketplace right now.

Brands

Being cool and memorable are the essential attributes of brands these days and your goods and services deserve such branding as well. With Nxt you can reserve a unique branding for your products and use it for marketing purposes. In Nxt, brand names are known as ‘Aliases’.

If you do not want to use your brand name anymore, you can simply list it for sale or release it for public use.

Further Reading and Resources

Available on http://nxtinside.org/

Not pursuing a venture or an artistic project?
Have a look at Nxt – The Economy Platform to find out what else Nxt has to offer.

ChuckOne

Project Manager of the Nxt Reference Software (NRS)

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