Nitro Bulletin #7
Despite all of the adversity the crypto market is currently experiencing, Nitro Network has been calmly and steadily progressing and improving. The Nitro Network team is aware of the work it takes to truly affect lives and accomplish everything in its vision. It is giving its all to positively impact the community and the world, and this bulletin will update readers with all the exciting news from the last two weeks.
With NFTrade farming, Town Hall AMAs, the 2022 roadmap, and the Swag Shop, Nitro Network is advancing unwaveringly toward becoming a premier project in decentralized telecommunications and beyond.
NFTrade farm
Starting on May 25, Tier 1, 2 and 3 Non-Fungible Miners (NFMs) will be available to claim by using farmed earnings from NFTrade! Users can put their NCash to work by staking it in Nitro Network’s NFM farm and then sit back while accumulating synthetic NCash tokens (xncash) through NFTrade.
Here are the perks one can expect from the partnership with NFTrade:
- Earning Nitro Bot NFMs as a staking reward
- Additional utility and rewards for the Nitro Network community
- Rewards claimable on a daily basis
- 1:1 reward ratio (1 NCash staked = 1 xncash earned)
Joining the Nitro Network NFTrade farm is straightforward. Visit NFTrade farm, connect your crypto wallet and approve the staking contract — it’s that simple!
The best part is that all participants have an opportunity to claim a sought-after Tier 1 NFM, which are currently sold out in the Nitro Network Marketplace! Please take note that since this is a limited offer, only 25 Tier 1, 50 Tier 2 and 50 Tier 3 NFMs are available via the NFTrade farm, so act quickly to start staking for an NFM today!
Continuous Town Hall AMAs hosted by Nitro Network
Nitro Network has hosted three Town Hall AMAs to connect with the community and answer any burning questions it has. Committed to making sure the community is up to date with everything happening, Nitro Network wants its users to know that it is available to support them every step of the way with full transparency.
So far, the Town Hall AMAs occurred on three different occasions: May 3, May 10 and May 17. As Nitro Network scales in utility and adds more business functionality, more Town Hall AMA events will be scheduled. Communication with full transparency is a major focus for Nitro Network, who would like to thank users for their continued support.
Revealing the roadmap for 2022
For those wondering what Nitro Network’s plans are for this year, look no further. Nitro Network’s team has revealed its roadmap for 2022! Along with showcasing Nitro Network’s accomplishments so far this year, the rest of the roadmap outlines where Nitro Network is headed next. With Q2 progressing nicely and Q3 on the horizon, let’s take a quick look at the Q1 milestones.
Quarter 1
Q1 was quite a ride as Nitro Network swung for the fences! With the launch of the Nitro Network Marketplace, users could finally purchase Non-Fungible Miners (NFMs), the unique synthesis of DeFi and NFTs, and passively earn rewards in the form of NCash tokens. In addition to this exciting innovation, users can also earn rewards through Genesis Staking, the Pangolin Super Farm, and the Beefy Finance Vault. There was much excitement and buzz in the community about the partnership with trusted fintech news source Cointelegraph, as well as the partnership with Redlight Finance, which further shows that Nitro Network has been catching the attention of the crypto industry.
Here is a quick recap of Q1:
- Marketplace Launch
- NFM Staking
- Genesis Staking
- Pangolin Super Farm
- Beefy Finance Vault
- Cointelegraph Partnership
- Redlight Finance Partnership
Quarter 2
With Quarter 2 well under way, Nitro Network is already ahead of the curve with the deployment of the Nitro Bot NFMs, the Genesis Node portal, and NFTrade farming — with much more to come.
Here is what Nitro Network is looking to accomplish for Q2:
- Nest Verification
- Nitro Bot NFM and Nester Deployment
- Introduction of Super Nest
- Genesis Node Portal
- NCash Token Burn
- NFTrade Farming
- Learn and Earn Campaign
Quarter 3
Exciting projects are being planned for the next quarter too, with the launch of the Nitro Network Explorer, the introduction of Nitro Network 5G and the Nitro Network app. There will also be a focus on B2B outreaching and franchising to increase the breadth of the network.
- Nitro Network Explorer goes live
- Introduction of Nitro Network 5G
- New Business-to-Business Partnership
- Introduce Franchise Program
- Nitro Network Mobile App
- Nitro Network Staking V3
Quarter 4
The final quarter of the year will cap things off with more deployments, developments and outreach:
- Deployment of Nitro Network 5G
- Listing of NFMs on Other Marketplaces
- Nitro Network Infrastructure Building Phase 1
- Business-to-Business Partnership Onboarding
The Swag Shop is popping
Fans of Nitro Network can now proudly represent the company with a plethora of products from our Swag Shop! Any fan of Nitro Network can visit and purchase something stylish from the store. One can flaunt their new Nitro Network swag while networking at crypto events or enjoy Nitro Network-themed goods for your home.
The items available for purchase include:
- Apparel: Unisex T-shirts and hoodies as well as women’s tank tops and T-shirts, all in stylish colors featuring the stunning art of the Nitro Network NFMs. The eye-catching colors fit well on the apparel, making them a great conversation starter, especially if you are an NFM holder.
- Homeware: Walking around wearing Nitro Network swag is one thing, but using one of these comfortable Nitro Network throw pillows is another. This is a great way to add the Nitro Network logo in your home, with more homeware options to come.
- Accessories: Here one can find phone cases, stickers and socks. The tough phone cases display the extraordinary art of some NFM designs, and the socks are also patterned with colorful checkered NFM designs.
- Drinkware: The Nitro Network mug would look good on any work desk. While only one design is featured as of now, hopefully there will be more to come soon.
Nitro Network’s monthly NCash rewards
As mentioned before, the final bulletin of each month will address the U.S. dollar value of the NCash rewards that users will receive for each batch. Please see the rewards below:
- Batch 1: $45
- Batch 2: $36
- Batch 3: $23
Nitro Network would like to reiterate that cashback rewards will be distributed over the course of nine months. This will ensure that the token price of NCash maintains a healthy and stable valuation. Many thanks for the patience and cooperation of the Nitro Network community!
Big plans for Nitro Network ahead
Nitro Network is continuously reaching out to a multitude of businesses and establishing partnerships that are sure to make its vision a reality. Nitro Network’s mission is to build a world of decentralized private communication networks (PCNs), and we believe our NFMs and PCNs are game changers.
Many updates, developments and long-awaited plans are underway, so make sure to follow Nitro Network on its social platforms to keep up with all the action!
About Nitro Network
Nitro Network is building the largest decentralized private communication network powered by IoT combined with LoRaWAN and 3G/4G/5G. This hyperconnected world will enable unlimited use cases in our everyday life. Participants of Nitro’s decentralized PCN are part of an inclusive ecosystem that they own, operate and earn from. Nitro’s PCN will be a game-changer and has its proprietary token, NCash, at its core. On Nitro Network, everybody wins!
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Disclaimer: This is not investment advice. Please do your own research before investing in any avenue. The information contained in this post is for informational purposes only. You should take independent advice from a professional or independently research and verify any information that you find in this post and wish to rely on, for the purpose of making any decision. Through this post, you may be able to link to other websites which are not under the control of Nitro Network. We have no control over the nature, content, and activity on those sites. The inclusion of any links does not imply a recommendation or endorsement of the other website, its products, or views.