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NSAV Announces Chain Integration With ZEUS Blockchain Partners

NSAV Announces Chain Integration With ZEUS Blockchain Partners.

articleNet Savings Link, Inc.August 27, 20244/news/nsav-announces-chain-integration-with-zeus-blockchain-partners-1
NSAV Announces Chain Integration With ZEUS Blockchain Partners

About this update from Net Savings Link, Inc.

LONDON, UK / ACCESSWIRE / August 27, 2024 / Net Savings Link, Inc. (OTC Pink:NSAV), a leading Web3, blockchain and digital asset technology company, is pleased to announce the integration of the ZEUS Chain on the company's NSAVx Centralized Cryptocurrency Exchange (CEX). ZEUS Blockchain Partners ("ZEUS"), will grant NSAV developer access to the ZEUS Layer 1 Ethereum Virtual Machine (EVM), Proof of Authority (POA) blockchain. The first DApp to be launched under the partnership will combine the ZEUS NFT minting engine with NSAV to create tokenized securities for OTC Markets listings. The ZEUS NFT minting engine is available at https://www.zeusnftx.io/. NSAV has been granted exclusive development rights by ZEUS to create a digital launchpad, allowing OTC Markets-listed companies to onboard their stock as tokenized securities on the ZEUS blockchain. This new platform, NSAVotcx.io, is scheduled to go live on September 1, 2024.By tokenizing their stock, OTC Markets companies can enhance liquidity, reduce costs, improve transparency, and access new investor markets, ultimately supporting their growth and development in the digital asset space. With over 11,000 companies listed on OTC Markets, NSAV aims to onboard at least 10% of these companies by the end of Q4. The partnership's revenue model involves a split of transaction fees derived from the tokenized securities. For instance, if the average shareholder base of an OTC Markets company is 300 shareholders, and there are 11,000 listed companies, the goal is to onboard a minimum of 1,100 companies to NSAVotcx.io. Each company is projected to generate an average of $10,000 per month in transaction fees, resulting in approximately $11 million in monthly transaction revenue.Beginning August 27, 2024, the exchange will be temporarily unavailable to the public while the integration with the ZEUS Chain is completed. The exchange will resume normal operations on August 30, 2024. During this period, we are also excited to announce the integration of a credit card onramp/offramp, further enhancing the overall consumer experience.Alfonso Knoll, CEO of NSAV, stated, "NSAVx is strategically positioned to significantly increase the number of retail consumers using the exchange. The ZEUS Chain's incredibly fast transaction speeds and low costs are integral to our growth strategy. Our Q2 revenue exceeded expect...

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