NOMAD Coin [NMD|₦]

Nomad Coin [NMD] Official
2 min readApr 30, 2021

The digital revolution for digital nomads

Digital nomads are people who use IT to earn a living and conduct life in a nomadic manner. They work remotely from foreign countries, co-working and public spaces or RVs and are well organised, representing people situated above the average in terms of wealth, education and risk acceptance. COVID-19 has not only exponentially increased their numbers, but has also notably complicated their life, thus creating a need for new tools to manage their wealth.

NOMAD Coin is a deflationary, multi-blockchain token, created for digital nomads to answer real life challenge and designed for dynamic, long-term value growth. NMD use case — a means to accumulate and move currency assets, encourages hodling. Additionally each NMD sale is taxed with ₦.Tax, which is allocated in parts for ₦.Burn (burning), ₦.Airdrop (real-time airdrops to all wallets), ₦.Stake (staking rewards), ₦.Eco (environmental causes) or ₦.Reserve (e.g., liquidity). ₦.Tax rate and its distribution, along with other token parameters, are set by monthly community votes. NMD is matched by ₦.PurchasePAD, which will offer products and services tailor-made for digital nomads, available for purchase with NMD at discounted prices.

NOMAD Coin Mechanics

NMD is designed for Binance Smart Chain, Ethereum & TRON blockchains with BEP20 <> ERC20 <> TRC20 ₦.Bridge and fiat gateway. NMD will be deployed to main-net after external audits in late May 2021, in Binance Smart Chain first, with the source code published in public repository on GitHub. Ethereum and TRON blockchain forks will follow in ca. month intervals. Releases of ₦.DApps, as well as ICO and DEX & CEX listings will be run parallelly to reduce the timeframe. Team’s goal is to have full technical framework launched in 2021.Q3 and full working use case environment released by the end of 2021.Q4. Total NMD supply in all blockchains will initially amount to 100’000’000 and can be burned down to just 1’000’000 tokens. NMD ICO on BSC is planned for early June 2021, with ICO supply of 9’999’999 tokens.

NOMAD Coin team consists of successful nomads with years of experience in cryptocurrencies, financial markets, law, marketing and community management, including talented developers.

You can find more information in our Whitepaper:

https://nomadcoin.dev/wp-content/uploads/2021/04/NOMAD-Coin-NMD-Whitepaper-1.1.pdf

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