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The cryptocurrency industry has far outgrown its initial stages from a decade ago when bitcoin was first introduced to the world. The tech behind the world’s first and largest digital asset has become an immense part of numerous industries, such as VoIP services.
Today, we will look at a prominent representative of that niche, most notably Northern VoIP Ltd and its tokenenomics.
NVL and xNVL Tokens
Based in the UK, Northern VoIP offers its customers “cost-effective, reliable, and advanced phone systems and VoIP services,” according to the project’s website. To provide better servicing and user experience, the project launched its native crypto token – NVL – almost a year ago.
Clients who purchase their Voice over IP equipment and other services will be rewarded the token, which is built on the XPR Ledger (XPRL) Network.
xNVL, on the other hand, will work in tandem with NVL as customers will be able to employ both for payments for services, equipment, subscriptions, dApps, and more.
Portions of the NVL token will also be given to investors who buy xNVL in one or more of the sales rounds. Essentially, they will get 1 NVL per every 100 xNVL they purchased.
The first sales round will end on November 30, the second (launchpad) will last from December 1 to December 14, and the third (IDO) will be from December 15 to December 29. Somewhat expectedly, the price of each xNVL token will rise after the completion of a round. At first, one coin will be worth approximately $0.0028 and will go all the way up to $0.012 during the IDO.
About Northern VoIP
Created in 2018, Northern VoIP offers multiple on-premise and cloud-hosted phone system solutions suitable for different customer requirements and specifications. It provides next-day delivery for certain UK-based customers, and it could ship its entire product line, consisting of thousands of products, worldwide.
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