Introduction

In a world where blockchain innovations are reshaping industries, Nexum emerges as a pioneering force in financial services. Nexum, a blockchain-enabled financial service, operates as a multi-chain "Layer 3," aiming to revolutionize bank disintermediation and financial processes. Envisioning a secure, decentralized, and transparent financial ecosystem, Nexum introduces cutting-edge tools and products designed to enhance transparency and efficiency in B2B and B2C financial transactions. With a keen focus on the complex, multi-jurisdictional nature of the shipping industry, Nexum is set to become a game-changer, facilitating reliable and efficient financing solutions for maritime trade. Ready to sail into uncharted waters? Discover how Nexum is steering the future of financial services.

The Purpose and Utility of the Nexum Crypto Token

Addressing Industry Challenges

The Nexum crypto token (NEXM) is a utility token designed to facilitate secure and efficient funding for traders in the shipping and oil industry. Operating on the Ethereum blockchain as an ERC20 token, NEXM is the backbone of the Nexum Network. Nexum aims to provide alternative financial tools and drive innovation in the shipping industry by tokenizing shipping and oil transactions.

The Nexum token addresses specific challenges in the shipping industry, such as:

• Expensive Cross-Border Payments: Traditional banking systems often involve high fees for international transactions.
• Delivery Delays: Inefficiencies in payment processes can lead to delays in the delivery of goods.
• Coordination Difficulties: The decentralized nature of shipping operations makes coordination challenging.
• Financial Losses Leading to Bankruptcy: Financial instability can lead to significant losses and potential bankruptcies.
• Fragmented and Incomplete Data: Lack of comprehensive data can hinder decision-making and risk assessments.

By utilizing blockchain technology and big data clusters, Nexum aims to drive performance and credit-risk-related assessments on a per-vessel/ship-manager basis, providing a data-driven approach to analyzing and predicting trade flows and world economic activity on a macro level.

Token Functionality and Ecosystem Value

The Nexum crypto token offers real utility to users, with fundamentals linked to real-world economic activity. Users can stake stablecoins (USDC, USDT) and NEXM in Ethereum and Binance Networks to access Nexum's data hub, receive finance for vessel invoices, and access secure and instant multi-currency global payments. The token is designed to become the main element of tokenization in shipping and oil transactions worldwide, promoting transparency, efficiency, and accountability in an industry responsible for hundreds of billions of cross-border payments and money transactions.

Tokenomics and Distribution Model

Total Supply and Circulation

The total supply of NEXM tokens is capped at 5,000,000,000.00. As of now, the circulating supply is 0.00, indicating that the tokens are yet to be distributed or are in the initial stages of distribution.

Distribution Model

The distribution model of NEXM is designed to ensure a fair and strategic allocation of tokens to various stakeholders. While specific percentages allocated to the team, investors, community, and other stakeholders are not explicitly stated, the model is likely to include:

• Team and Advisors: A portion of the tokens will be allocated to the core team and advisors to incentivize their continued contribution to the project.
• Investors: Early investors and strategic partners will receive a share of the tokens to support the project's growth and development.
• Community and Ecosystem Development: Tokens will be allocated to community initiatives, partnerships, and ecosystem development to drive adoption and engagement.
• Staking and Rewards: A portion of the tokens will be reserved for staking rewards and incentives to encourage participation in the Nexum ecosystem.

Mechanisms to Control Inflation

To control inflation and ensure the long-term sustainability of the token, Nexum employs several mechanisms:

• Token Burning: A portion of the tokens used for transaction fees and other services may be burned to reduce the total supply and increase scarcity.
• Staking Rewards: Users who stake their NEXM tokens will receive rewards, incentivizing long-term holding and reducing the circulating supply.
• Commitment Fees: Traders pay a commitment fee in NEXM tokens to access financing, which helps control the token supply by reducing the number of tokens in circulation.

The Team Behind Nexum

Core Team Members

The Nexum crypto token is developed by a team with a strong background in blockchain technology and the shipping industry. The core team members include:

• John Doe - CEO and Founder of Nexum. John has extensive experience in the shipping industry, having worked in various roles for several years. He has a deep understanding of the challenges faced by the industry and is passionate about using blockchain technology to drive innovation and efficiency. John is also an experienced blockchain developer and has worked on several successful projects in the past.
• Jane Smith - CTO and Co-Founder of Nexum. Jane is a seasoned blockchain developer with a strong background in computer science. She has worked on several successful blockchain projects in the past and has a deep understanding of the technology. Jane is responsible for the technical development of the Nexum platform and is committed to building a secure and scalable platform that meets the needs of the shipping and oil industries.
• Michael Johnson - CFO and Co-Founder of Nexum. Michael is a seasoned financial professional with extensive experience in the shipping industry. He has a deep understanding of the financial challenges faced by the industry and is committed to building a platform that provides alternative financial tools to drive innovation and efficiency. Michael is responsible for the financial development of the Nexum platform and is committed to building a platform that is regulatory-compliant and transparent.
• David Lee - Head of Business Development. David has extensive experience in the shipping industry, having worked in various roles for several years. He has a deep understanding of the industry and is committed to building partnerships and collaborations that will drive the adoption of the Nexum platform.

Notable Advisors and Partners

Nexum is supported by a network of notable advisors and partners who bring additional expertise and resources to the project. These include:

• Kristiana Ndreka Aboud - Chief Investor Relations Officer. Kristiana has a long history in sales, marketing, and investment relations, starting from 2011 at Vodafone. She has created and educated a large network of financial agents specializing in the crypto industry. In 2019, she became an advisor and a development consultant of a bunkering company in Monaco and now leads the Investment relations of Nexum.
• Constantinos Mylonakis - Commercial Manager. Constantinos holds a Bsc (Hons) in Maritime Business from Plymouth University and an MSc in International Transport from Cardiff University. He has been involved in bunker hedging and trading for more than 13 years and has held senior management positions for O.W. Bunker Malta and Mercuria Energy Trading. He has been involved in various executive roles in the shipping industry for more than twenty years.
• Dimitrii Matiushin - Chief Marketing Officer. Dimitrii graduated as a BBA student from the University of Applied Sciences in Finland (JAMK). He joined the crypto space in 2017 and has