Neoxa NEOX
1. Summary
- Price
-
$0.000733260000 -1.0%
- Market Cap
- $4.55M (#1869)
- Supply
- 5.32B / 21.00B
- Description
-
Neoxa is a blockchain that combines assets and cryptocurrency through both proof of work (PoW) mining and a novel proof of game (PoG) mechanism. This innovative approach allows gamers to participate in blockchain technology and earn rewards through gameplay while leveraging the Neoxa coin. Unlike most cryptocurrencies that rely solely on PoW, Neoxa...
Neoxa is a blockchain that combines assets and cryptocurrency through both proof of work (PoW) mining and a novel proof of game (PoG) mechanism. This innovative approach allows gamers to participate in blockchain technology and earn rewards through gameplay while leveraging the Neoxa coin. Unlike most cryptocurrencies that rely solely on PoW, Neoxa integrates these dual mechanisms to bring together the minable cryptocurrency and gaming communities.
Key Features
SmartNodes
Smartnodes are crucial for Neoxa's network efficiency and security. They facilitate instant transactions, private send functionality, and contribute to the network's consensus mechanism. To operate a SmartNode, users must lock a substantial amount of Neoxa coins as collateral, ensuring commitment to the network and preventing malicious activities. Smartnode operators receive rewards in Neoxa coins for their services.
Gaming Portal and Marketplace
The Neoxa gaming portal integrates gamers' wallets with their gaming profiles, granting rewards for their in-game actions. This integration enables gamers to monetize their in-game achievements and utilize them within the Neoxa marketplace. The marketplace features a unique coin-burning mechanism that reduces the total supply of Neoxa coins, contributing to their scarcity and value.
Proof of Work
Neoxa uses the KawPoW mining algorithm to resist Application-Specific Integrated Circuit (ASIC) mining and ensure a fair and efficient mining process. The PoW mechanism is allocated 45% of the block rewards, with miners playing a key role in maintaining the Neoxa blockchain ecosystem.
Tokenomics
Neoxa operates with a maximum supply of 21 billion coins and follows a 4-year halving cycle. Blocks are generated every 60 seconds, allowing for quick transactions. The tokenomics involve Smartnodes earning 45% of the block rewards, while PoW has been adjusted to 45%. The Play To Earn mechanism makes up 5% of the total rewards.
Neoxa's combination of PoW and PoG mechanisms, along with its innovative features like Smartnodes and the gaming portal, creates a robust and versatile digital coin tailored to the needs of contemporary gamers.
| Price | |
| 52W High price | $0.006813832100 |
| 52W High date | 3rd Dec 2023 (10 months ago) |
| All Time High (ATH) Date | 4th Sep 2022 (2 years ago) |
| ATH Price | $0.02 |
| % From ATH | -92.86% |
| All Time Low (ATL) Date | 10th Mar 2023 (1 year ago) |
| ATL Price | $0.000756390000 |
| % From ATL | 134.72% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $23,309.00 |
| Total Supply | 21.00B |
| Max Supply | 21.00B |
| Circulating Supply | 5.32B |
NEOX
How does Neoxa's (NEOX) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-27.0%
NEOX
-13.8%
Similar Market Cap
60 Day Return
-32.1%
NEOX
-13.1%
Similar Market Cap
1 Year Return
-1.1%
NEOX
-5.2%
Similar Market Cap
We're monitoring 4 Neoxa GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Neoxa Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 2
- Past 12 weeks: 0 commits vs. an average of 9
- Past year: 0 commits vs. an average of 115
Most Active Repos
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Top Developers 2024
In total, 4 developers have contributed to Neoxa over the past year. Who are the most active Neoxa developers, by commits, over the past year?
Related Projects
Developers working on Neoxa also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
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| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 2,575 |
| Twitter followers | 22,507 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.neoxa.net/ |
|---|---|
| Explorer | https://explorer.neoxa.net/ |
| @NeoxaNet |
Has Neoxa been audited for security?
No security audits found for this project.
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