Nexalt (XLT) (Founded in 2017) is decentralized money, which is implementing the MLM concept in a more productive manner. It aims to target platforms and e-commerce stores that accept electronic payments to use its Open source POS with XLT payment gateway. ^[1]

To develop a connection between the international crypto market and the consumers having fewer familiarities with crypto market infrastructure and those who find it difficult to use cryptocurrency in their jurisdiction.

To create a decentralized atmosphere where tech experts and common people can operate cryptocurrency with equal opportunities.

The miners, pool setters, and marketers can earn incentives in form of cryptocurrency.

A global network for crypto lovers having equal opportunities for all. ^[7]

Nexalt is a product of 2020 and is fully functional.

It is the first coin based on Multi-Level-Coin (MLC).

MLC is the idea that integrates multi-level marketing plans in a decentralized manner. It works like any other cryptocurrency; it uses the sender's and receiver's public keys to make a transaction successful.

The only difference that every sender or receiver needs a sponsor to become eligible for using Nexalt.

Any person who is an existing user of XLT can be a sponsor; there is no specific requirement for being a sponsor.

A single sponsor may have multiple users associated with it.

The sponsor gets a reward when users send or mined coins.

This means as many users under your sponsor as many rewards you can get.^[6]

Nexalt is a fork of Litecoin. Nexalt uses MLC in Litecoin as a tool to make the crypto asset more valuable and marketable for the crypto community. It is a loaded version of Litecoin because we are using MLC in Litecoin for making it Nexalt.

Litecoin is a mature coin and has a good market value with a strong programming base.

So, we decided to add MLC in Litecoin.

The use of MLC makes Nexalt strong, secure, fast, and reliable.

And the addition of MLC makes Nexalt valuable for the marketers' community.

It's the first crypto asset that generates rewards for marketing it and everything Is open-source and decentralized.

^[2]

Nexalt has its own crypto exchange, The wallets, where the user can transact and receive the cryptocurrencies and especially XLT (NEXALTs).

It provides the currency exchange for Bitcoin, XLT, USD, and DOGE coin initially as it is an emerging crypto platform. It has worldwide acceptance for its services and has satisfied clients around the globe. The Wallets provides an efficient crypto trading platform for ambitious traders. ^[5]

Nexalt ecosystem was built to work in very easy steps.

Get a sponsor key: one major requirement to be on the Nexalt ecosystem is to have a sponsor. Everyone must have a Nexalt ecosystem for pool Nexalt Wallet.

Join the Network: After you have gotten your sponsor key, you can proceed to join the network. Complete it by filling in a few information about yourself after which you can be allowed to use the ecosystem and have your own Nexalt wallet.

Start Mining/Build Network: key and joined the network have two options to choose from or do both. Users who have enough computing power can start mining XLT Coins by becoming a part of a pool or forming a new pool. Otherwise, they can start building their network with their referral keys so as to earn from several levels below them. ^[4]

The Nexalt coin is a fork of Litecoin, an open-source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. Nexalt Uses a Proof-of-work consensus (POW). Proof-of-Work is the original consensus algorithm in a blockchain network. ^[3]