Nexo Whitepaper

Abstract

Nexo delivers the World’s First Instant Crypto-backed Loans, thus resolving
a crucial inefficiency for the crypto world. Up to this very moment, no
alternatives existed for digital asset owners to enjoy their crypto wealth
except selling them. The innovative model of Nexo brings to the crypto
community the best of both worlds – retaining 100% ownership of their
digital assets while having immediate access to cash. The Instant Cryptobacked
Loans are an automatic, flexible and cost-efficient way of obtaining
liquidity that is secured by the value of the client’s digital assets. The whole
process is completed in just a few simple clicks. No hidden fees, no capital
gains taxes, no credit checks. Transparency is guaranteed through the
use of blockchain technology, smart contracts and algorithmic processes
executed by the Nexo Oracle.

Nexo is powered by Credissimo, a leading FinTech Group serving millions
of people across Europe for over 10 years. Credissimo has always operated
under the highest regulatory requirements and strictest supervision by
multiple European Banking and Financial Services Regulators.

Now the same Team and its Board of Advisors, empowered by the evergrowing
community of Nexo supporters and enormous demand for theInstant
Crypto-backed Loans, are unlocking the value of digital assets in a rapidly
expanding token economy that will alter the very fabric of a $5 trillion dollar
market.

Nexo Website
Nexo Whitepaper

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