NEXT TOKEN functions as a token with a focal mission of creating a networking platform between influencers and businesses. The NEXT community revolves around the presentations made by influencers. At the same time, marketing is a very crucial aspect for businesses as well. According to the whitepaper, 93% of marketers use influencer marketing for their companies, and 92% of marketing managers are confident that it is effective.
Influencer marketing is a necessary step for the excellent development of a business. The famous influencers already have their agents, or a business could directly reach out to their influencers. However, there are some drawbacks associated with the current methods of influencer-business communication. Hence, a need for a social network that connects the two entities (influencer and businesses) arose. NEXT TOKEN has created a networking platform to seek to provide both influencers and businesses with numerous advantages.
The influencers can seek to find better and more clients through NEXT’s networking platform. Influencers have access to many partnership requests, which aims to result in increased visibility and the number of potential customers. In addition, many influencers have lost their credibility by agreeing to promote the wrong product. The NEXT platform seeks to give its influencers the right to choose which brand they are collaborating with to preserve their image.
Further, NEXT TOKEN provides the influencers with various tools to manage their schedule and tasks effectively. NEXT platform aims to allow the influencers to offer their services without involving the costs of an agent. This seeks to enable influencers to provide better prices for bringing more potential customers. Additionally, NEXT TOKEN seeks to enable businesses to easily make influencers available at unbeatable prices.
NXT is the token ticker for NEXT TOKEN, and the platform charges a 15% fee for each transaction. Of the transaction, 10% goes to the liquidity pool, 3% is allotted for marketing, and the remaining 2% goes to the team and employees.