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NexGen Cryptocurrency
Smart Contracts is a loan contract coded into the block chain. It is set to pay out a daily interest rate and a referral commission for those that want to build a group but not required or needed to make money. The Smart Contracts are designed to be a completely passive way to make money. Each Smart Contract pays out .25% per day which is ¼ of 1% daily. It means every 4 days you earn 1% placed in your Cash account. Your Funding Account is a locked time deposit account set for 12 at months or 1 year. Your daily interest payment is your commission paid into your cash account that you can withdraw or place a portion back in your funding account to raise your daily payment since the payment is based on the amount placed in your Time Deposit Funding Account. Your Cash Account is directly connected to your NexGen Wallet and any money you withdraw goes directly into your wallet that you can convert to fiat money right t the NexGen exchange. The amount in your Funding Account is set by you when you setup your Smart Contract Account. You can open an account for as little as $50 and up. You place what you can afford to place. You can add some of your daily interest to increase the funding account amount.
A Smart Contract is a financial instrument designed to run on the Block Chain. Each Contract is started at a set amount with the Lender setting up the amount of the starting Smart Contract Loan. Loans start at $50 up to $1,000 in the first phase then high amounts by request. Smart Contracts can be setup for any amount Above $50.
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