Introduction

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In recent years, society has been changing at an unprecedented pace. Technological advancements in digitization and new technologies such as cloud computing, quantum computing, artificial intelligence, blockchain, Web3, virtual reality, and the metaverse are shaping a new world rich with new opportunities and business models that are disrupting the traditional centralized economy and financial services industry. These new technologies have the potential to replace centralized financial institutions that act as intermediaries for all our economic transactions. Not only that, they offer a fair system, democratized, and that applies the same, or even greater, level of integrity currently provided by mainstream financial corporations.

The banking sector, however, has resisted change. Their transactional processes are too slow, excessively costly, bound to too many unnecessary human intermediaries, and apply overly complex bureaucratic mechanisms and outdated legacy operating systems. Furthermore, macroeconomic uncertainty is adding to inflationary pressure on the markets. Consequently, the interest rates offered by established centralized institutions are too low to maintain the value of assets, resulting in the real value of assets decreasing due to high inflation.

This leaves a vast pool of millions of users and affiliate partners looking for a better and more modern way to generate passive, rewarding digital assets and, at the same time, support the development of the future of Web3 infrastructure. These digital community members seek Decentralized Finance (DeFi) solutions that they can trust and easily understand. Furthermore, they want to receive an APR reward much higher and more consistent than offered by leaving their funds in traditional centralized banking solutions. Moreover, these users are looking for complete control of their digital assets and the possibility of participating in a digital economic system with secure but practical KYC requirements solution and less risk of data leakage.

To solve this issue, blockchain technology and DeFi offer superior asset preservation systems, thanks to the help of new technologies, automated market makers, and algorithmic asset management instruments that can provide economic sustainability. One of the barriers to entry, however, is that these innovative mechanisms have a very steep learning curve that prevents access to these services for most IT-illiterate consumers. On one side, they offer very appealing characteristics like ledger immutability and permissionless transparency, but, on the other hand, they lack user-friendliness. Furthermore, these solutions struggle to receive trust, legitimacy, or regulatory confidence. Many also struggle to provide enough liquidity to deal with the volatility of the digital assets markets to survive and scale.

While DeFi decentralized applications, or dApps, aim to replace the traditional banking intermediaries, too many projects focus on creating competing solutions with competing tokens, instead of emphasizing complete ecosystem growth by using the same native coin for the whole palette of digital asset management services. Consequently, the user journey becomes unnecessarily complex: different tokens are not always compatible and fail to synchronize effectively with each other, and understanding differences in product offerings, or service costs is challenging. Furthermore, it is difficult to economically incentivize the continuous development support of decentralized IT professionals in a sustainable manner.

NetDex fills this gap and solves these technical and economic problems by successively collating DeFi services within a supportive ecosystem that utilizes a single token. NetDex's solution will be cost-effective, easy to understand, and capable of delivering the expectations of a wide and ever-growing pool of digital asset holders while mitigating risks. No matter their economic background and technological understanding, everyone will be able to participate in the future of the digital asset market. NetDex's innovation stems from leveraging the technology of the most scalable, secure, cost-efficient, and developer-friendly blockchains and crypto projects with the implementation of a unique crowdfunding solution – a Staking Hub NFT. NetDex's consensus protocol enables the NetDex L1 blockchain to deliver high throughput with fast transaction speeds, low transaction costs, and deterministic finality (which means that transactions can never be reverted, with no need to wait for extra block confirmations like in networks with probabilistic finality, e.g., Bitcoin). All this is achieved while being permissionless and decentralized. The staking structures on NetDex are highly dynamic and lucrative. In addition to the novel Staking Hub NFTs, NetDex users can stake the native coin as validators (or delegators) and receive an APR 90%.

By using a single native Layer 1 (L1) EXS coin, the NetDex community will be able to access a wide variety of decentralized digital asset management services. This unified token structure simplifies the user experience, ensuring seamless compatibility and efficient synchronization across the entire NetDex platform, while also providing economic incentives to encourage the continuous development and growth of the NetDex ecosystem.