NEXT PROTOCOL Defi Tokens for the Robot Economy — Review

 

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Hello everyone, am oladiran , are interested in joining the project, your NextProtocol should read information that will help you get information that can help you see your vision and mission.

INTRODUCTION

NEXT is a UAE based company with presence in US also, actively reprogramming and adapting popular robotic platforms as corobots, to assist humans in retail and commercial workplaces. Since they started implementing robotic projects, they have identified complexities in customization across various platforms, requiring proficiency and coordination among various application builders. Based on those needs, NEXT has developed NEXT protocol for Robotics which is Blockchain and DeFi driven.

https://twitter.com/i/status/1347886808017891337

NEXT Protocol allows easy publication of Robot Services using our Robots (NEXTiBOTs) and other OEM Robots, enable the Robots to run with its own tokens (deploy and Mint business specific ERC20 robo tokens) & sell these Robot services in marketplaces. Each robot earnings can also be shared with the Token holders who would stake their Robot Tokens for yield.

NEXTiBOTs, powered by NEXT Protocol are here to engage your customers intimately while limiting human contact, Interact with customers and staff to share information and enable telepresence to work together while staying apart. NEXTiBOT is enabling the future of robot interactions using NEXT tokens for fractional robot ownership, decentralized control, programming & operations of robot swarms.

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NEXT PROTOCOL EcoSystem powers our NEXTiBOTs
Our vision for the robot is to create an ecosystem which will be beneficial for all the stakeholders

Developer Community
Create a community of developers and bring ideas to market fast. Sign up for NEXTiBOT account to collaborate with other people in the community​

Robot industry stake holders
Work with Robo consortium, CSR organizations and Physically challenged community to build robotics solution for social cause.

The Robot Users
Corporate Users
Home Users
Govt Entities

Resellers
Signup with resellers around the world. They will be also trained to support the robots and do maintenance services, if required.

*** Development and SI Partners​
Cooperate with other develoment houses and reduced the time of custom development and addition of new requirements.

Our Goal on R&D
A deep understanding of developing stable and functional finished products.​
A commitment to continual learning and maintaining a solid understanding of the evolving landscape.​
Access to the best and latest technology.​

BUSINESS MODEL
Various opportunities are prevailing for NEXTiBOT in the robot markets. The sector is new and there are not many companies who are providing high quality robots to customers which are affordable and matching the current post Covid business needs. There is a clear gap and NEXTiBOT has already identified the needs of the people, devised innovative solutions and currently in the process of finding customers who are looking at robotic solutions to make their work environment safer. We see great opportunity for NEXTiBOT for penetration to increase its market share and become the undisputed leader in Middle East and Africa market.

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NEXT ROBO TOKENS
Permissionless, compliant, and first-of-its-kind to build a DeFi powered Robot economy
NEXT Token provides token holders with a simple, intelligent, and user-friendly method to move early into the burgeoning Robo economy. By owning the tokens, you get a chance in using them when companies and developers build and deploy Robots for consumer and business use cases, leveraging the current Covid business need and the permissionless, unrestricted token issuance of Ethereum.

Investing with NEXT Tokens also means low maintenance asset ownership, access to cash flows related to the robot (e.g., rent), & frictionless ownership transactions as companies who build these robots commit to pass on 50% of the rental yields of the robots into the ecosystem of NEXT token holders for the first year. And most importantly being ERC-20 token, you can sell your tokens whenever you want.

Unique Tokens
Representative Ownership of each Robot built on NEXT Protocol is distributed across a finite number of NEXT tokens. Based on token staked, owners can collect revenue from rent of these robot, and vote on Robot work and deployment decisions.

Asset Managed Professionally
Each robot built on NEXT Protocol can have an asset management company managing its revenues on token owner’s behalf. This asset management company sources projects, rents the robot, collects rent, and manages repairs, so the diverse group of NEXT Token owners don’t have to take any hassles.

Token enabled with Edge Computing
With Blokchain driven Robot Registry, we know when these robots are being used. When they are idle the Hexa Core processors of the robots are used as edge computing problem solving nodes, to earn rewards passed back to token holders.

Staking enabled Rent Payments
Owning robots with Representative NEXT Tokens allows you to collect quarterly/monthly rent sent in crypto to your KYC verified account. Rent is paid using a US-Dollar stablecoin, sent directly to the Ethereum wallet that owns the NEXT Token.

Business Tokenomics
NEXT Token allows Developers to build Robot Applications with their customized tokens and deploy in the marketplace for business and companies to buy and consume them.

Companies can onboard and deploy Robots with prebuilt applications e.g. NEXTiBOTs which has Greet-iBot, Safe-iBot etc. They can even float projects for developers to build new Robots.

Gamers can build Robot games on the ROS and run them on Hexacore processors and play. Robots can be enabled for edge computing problem solving to earn in the inbuilt robot wallets.

Robot Token holders by staking NEXT Tokens can earn Rental yields for Robot applications that are being in used business scenarios through Blockchain Wallet Node for each Robot. Alogrand blockchain will be used for the decentralization and swarm robotics.

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NEXT TOKENOMICS

Token sale
Softcap: $ 100,000 — $ 0.10
Hardcap: $ 500,000 — $ 0.10
Total: $ 500,000
25% Liquidity Locked and No Minting for Investor Safety

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NEXT Token Staking Yields

  1. Fractional Ownership
    No of NEXTiBOT Robots put up for Fractional Ownership — 100
    Each NEXTiBOT has $5000 yearly rental
    So Rental coming yearly as $50,000 *
    Note the proceeds are based on assumed robot rentals and may go and up and down based on the business condition
  2. Strike
    NEXT Token holders can stake their tokens into NEXTiBOT smart contract
    $50,000 rental proceeds will be divided into the token holders based on the # tokens staked
  3. Yield Details
    Robot Registry will be maintained in Algorand Blockchain to track the Robots and its usage and to extend use case for

Swarm Robotics
If 500,000 tokens are put into the NEXTiBOT smart contract, each tokens will get an yearly 0.1 $.
As sale price is $0.1, it is 100% return in 1 year
Yield will be distributed every quarter

Roadmap
2021
IT Functionality
NEXT Protocol Integration on 3rd Party Hardware

Business Functioanlity
Visitor Management Software

Partnership
Partnership Product Manufacturers

Geography
Middle East

IT Functionality
Mobile App for Robot Control

Business Functioanlity
Carry Robot
Docu Robot

Partnership
Robo Consortium

Geography
Middle East
USA

IT Functionality
Integrated IoT features in NEXT Protocol

Business Functioanlity
CSR Activities

Partnership
CSR Activities

Geography
Far East
Middle East
US

IT Functionality
Integrated IOT with Mobile Apps

Business Functioanlity
IAQ Robot

Partnership
Partnership with Resellers

Geography
Indian SubContinent
Far East
Middle East
US

2022
IT Functionality
Integrate Home Automation NEXT Protocol

Business Functioanlity
Medic Robot

Partnership
Edge Computing and Problem Solving

Geography
Asia
Middle East
US

IT Functionality
NEXTiBOT App work will be introduced

Business Functioanlity
Doctor Robot

Partnership
Universities

Geography
Europe
Asia
Middle East
US

TEAM
Shaik Hamdan — Director
Christian Rakondontrasima — Sr. Robotics Engineer
John Barton — Non-Executive Director & Digital Advisor
Yvonne Mather — Marketing Head
Joseph Paul — R & D Head
Athira Ravindran — Operations Head

I'm the author►►► ►►►0xeA39aE83AC9f999EdA8Ce94cfd173E22a64da875 ►►►https://bitcointalk.org/index.php?action=profile;u=488946 ►►►egiftstarbucks.make.happy ►►►https://bitcointalk.org/index.php?topic=5306559.msg56247328#msg56247328 The project is quite interesting and that's all for studying it ►►► Web►►► https://nextprotocol.tech/ Tel►►► https://t.me/nextprotocol WAT►►► https://nextprotocol.tech/docs/NextProtocol_WhitePaper.pdf FAE►►► https://twitter.com/ProtocolNext TWI►►► https://www.facebook.com/PoweredbyNextprotocol/

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