What Is Neoxa (NEOX)? Complete Guide & Review About Neoxa

What Is Neoxa (NEOX)? Complete Guide & Review About Neoxa

What Is Neoxa (NEOX)?

Neoxa is a blockchain featuring assets and the ability to obtain cryptocurrency while playing various games and proof of work mining. While other cryptocurrencies use only Proof of Work(PoW), They uses PoW and Proof of Game(PoG). PoG is a new way for gamers to participate in blockchain technology, simply by playing games. Until now, the minable cryptocurrency communities and gaming communities have been separated by a graphic card shortage. With the , both these communities can come together and get a piece of the block.

Coin BasicInformation
Coin NameNeoxa
Short NameNEOX
Max Supply21,000,000,000
Total Supply21,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

NEOX Price Live Data

The live Neoxa price today is $0.001702 USD with a 24-hour trading volume of $249,329 USD. They update to USD price in real-time. This is up 0.38% in the last 24 hours. The current CoinMarketCap ranking is #3464, with a live market cap of not available. The circulating supply is not available and a max. supply of 21,000,000,000 coins.

If you would like to know where to buy Neoxa at the current rate, the top cryptocurrency exchanges for trading in stock are currently Txbit, and TradeOgre. You can find others listed on crypto exchanges page.

Discovering Decentralized Gaming

Using decentralized blockchain technology, Neoxa Coin is revolutionizing the gaming industry. No longer play games for free, get rewarded for playing and developing games.

Why use Neoxa?

Neoxa is the currency for investors, gamers and gaming developers. 

They will be implemented to games such as Minecraft, Roblox and many other popular games that allows custom modifications and servers.

It does not stop there, with blockchain assets, developers can implement The assets into any game and feature it in the upcoming They marketplace.

This is currently available with game play on Rust. With Proof of Game, users will be able to earn The by playing games such as Minecraft, Roblox, Rust and other.

Neoxa Launch

It was announced on Bitcointalk on May 18, 2022, with social channels, website, and main net launch date. The main net was launched on May 19, 2022. At the start of the main net launch, a paper wallet was available and a GUI wallet after launch.

Neoxa Network

Each transaction on the Neoxa blockchain is broadcasted to all nodes. Each node will work to find a difficult proof of work for its block. When the node finds proof of work it will broadcast the block to all the nodes. The blockchain keeps a record of every transaction since the genesis block. Nodes on the They Network will always consider the longest chain to be the correct one.

Privacy

While the Neoxa Coin blockchain has an explorer where users can see their transactions, their wallets can still be anonymous. Unlike the traditional banking system, the The blockchain does not link your name to your wallet, unless signed by you in your wallet. Even though This is not a privacy-focused cryptocurrency, it has the same features implemented on the Bitcoin and Ravencoin blockchain.

Assets

Assets can be seen as tokens created by Neoxa users. The plans to integrate assets to the The Marketplace where developers can create their own asset for their video games on the Marketplace. These tokens will be purchasable with . While assets can be used in the Marketplace, it can be used for many other things such as the transfer of value, art, registrations and much more. When an asset is created, This is burned and the asset with a unique name is created. Assets created on the network can be traded and sold too. The token creator can also transfer ownership of a token to another wallet

Burning

When an asset is created on the Neoxa Coin blockchain, $NEOX is burned. they also plans to burn any unused coins on Proof of Game. Currently only a third of Proof of Game coins are distributed. They plans to burn any other coins that are not being used by Proof of Game. Less They will be burned when more games becomes available on Proof of Gam.

Proof of Work and Mining

Proof of work is a form of cryptographic proof in which one party proves to others that a certain amount of a specific computational effort has been expended. Verifiers can subsequently confirm this expenditure with minimal effort on their part. -Wikipedia Neoxa uses KawPow as the hashing algorithm. The KawPoW algorithm is a tweaked variant of Programmatic Proof of Work (ProgPoW) developed by the Ethereum developers. The algorithm makes it harder for ASIC miners to join the network and gives GPU miners preference. A block is mined every 60 seconds by Proof of Work.

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