NESTREE — Project Review

Over the past few years, the progression of the internet social network technology has been extraordinary, leading to development across numerous industries of the world. The most astonishing and edifying aspect of the internet and social network technology is the invention of social media. Social media have advanced into an important aspect of our daily life, making it easy to communicate, interact and network with people freely irrespective of their geographical location. There are presently a lot of social media platforms (e.g. Facebook, Twitter, Whatsapp, Telegram, Linkedin, etc) on the internet, making it easy to send and receive messages, calls, videos and different multimedia files between different users.

As remarkable and innovative as these social media platforms are, they are also plagued with different challenges such as concerns over the security and privacy of users’ data and account as they are controlled and owned by centralized bodies. These platforms are not as secured as they opt to be, as there have been several reports of hack and breach. Another one of the challenges faced by these platforms is the inability to enhance financial transactions and easy transfer of monetary value between the users of the platform.

In this article, I would be introducing an innovative cryptocurrency project intending to revolutionize the social networking industry with its amazing platform. This project is known as Nestree

Introducing Nestree

Nestree is a revolutionary decentralized project based on the Blockchain technology with the aim of creating an advanced reward-based community messenger that will incentivize its users for their participation, interaction and activities on the Nestree messenger. The Nestree messenger will reward its users for activities like referral of friends to the platform, the creation of valuable content and information, etc.

The Nestree messaging app is built with a multi-cryptocurrency wallet that can store different types of cryptocurrency coins and tokens ranging from Ethereum ERC20 tokens to different private Blockchain coins. This makes it easy for users to transact and transfer monetary value between each other while interacting. They also can trade different crypto assets for another securely on the app without having to first transfer the assets to exchanges online.

Unlike the centralized social media apps, the Nestree messenger app is much secured and not vulnerable to hacks and attacks, as it is decentralized and backed up by the Blockchain technology.

Nestree also has a very good business model that will help improve the platform. Companies and businesses can reach their target audience by advertising through the different communities on the platform. The advertisers will purchase the Nestree tokens and use it to pay different channels and communities for the advert services. The Channel or community managers can also grow their channel and give users reasons to congregate by rewarding them for inviting their friends to the channel and also contributing valuable content to the community.

Learn more about the Nestree project by checking out the website here => https://www.nestree.io/