Neoxa Asset Portal (NAP) Development
Throughout most of 2024, Neoxa faced significant challenges in delivering the Neoxa Asset Portal (NAP), largely due to our reliance on external developers. However, we have since taken matters into our own hands by initiating the development of NAP with our own team, supported by carefully selected hired developers. This renewed focus has brought the project close to completion, and we are currently working with an independent code and security auditor to ensure the platform is safe and reliable. Once the audit is complete and all concerns are addressed, we will be ready to launch NAP.
We understand the frustration this delay has caused within the community, but our priority has always been to release a robust product that traders and projects can rely on. As part of our ongoing improvements, we’ve added a new feature to NAP, allowing users to create Neoxa assets directly from the platform.
NAP Launch and Future Plans
Upon the initial launch, NAP will enable users and projects to trade their tokens or assets created on the Neoxa blockchain. Shortly after the launch, we will add USDT trading, followed by the capability for other blockchain projects to list their assets on NAP. Listing will involve a fee structure where 70% of the USDT collected will be used to buy back Neoxa from exchanges and burn it, effectively reducing supply. The remaining 30% will go toward promoting NAP, making it a popular trading platform, as well as further development and security enhancements.
Looking Ahead: Neoxa’s Future Developments
While the extended focus on NAP was unplanned, we are eager to redirect our efforts toward broader Neoxa developments once NAP is live. Our upcoming priorities include launching the Neoxa SDK, securing a US-friendly exchange, and advancing Smartnode development to keep Neoxa at the cutting edge of blockchain technology.
Additionally, the release of the Neoxa-exclusive game, which relies on the functionality provided by NAP and the SDK, is on the horizon. These tools will empower developers and users, enhancing the overall Neoxa ecosystem and driving further innovation.
We recognize that this journey has taken longer than anticipated, but we remain committed to pushing forward. With NAP nearing completion, we are optimistic about the future and eager to deliver on the next stages of our roadmap.
The Future of Neoxa’s Development
Alongside the exciting news of NAP’s progress, we want to share an important update regarding Neoxa’s future growth. To further advance Neoxa, we plan to sell a portion of our development fund, which is a crucial step in securing the resources needed to bring even more value and opportunities to the ecosystem.
This strategic sale will allow us to accelerate development and expand our capabilities. We have an interested partner ready to invest, contingent on NAP’s successful launch. This partnership involves future development coins, with a commitment to hold these coins for the long term, supporting Neoxa as we continue to grow and evolve. This move will provide the funding needed to realize our ambitious plans and propel Neoxa to new heights.
