You Think That’s Money in your Pocket?
Banking is terrible
Interest below inflation means any money kept in a bank is deteriorating in value. Interest as a reward is borderline fraudulent. You save £100 in your account for a year and you’re rewarded with £1.50. The way the fractional reserve model of banking works means they take your initial £100 — are permitted by the government to print £1,000 more out of thin air — giving them 10X your deposit to loan out. At worst they turn that into £80 for them 55X your reward even though you are the person who lets them take that risk.
At the same time, our data sits there useless. If I have skyTV and you both did and I pay £100 a month and you both pay £80 that data isn’t intelligent enough to know if they are comparable. Our banks don’t know which package any of us have so they don’t know if we should be paying less. The third reason they suck is that they are a collective of millions of people who do nothing to exploit the power which that endows them with.
Don’t you wish you knew that you were always getting the best deal for every recurring expense — certain that Businesses weren’t charging us more than other people were paying for the same thing?
A swarm intelligence which told you when you were paying too much for anything and automatically saved you by reducing your next bill.
That’s what Nexves does for you
We transform a service utility into a platform for economic benefit. We save you money by keeping and putting more in your pocket. We pay you to act selfishly which makes every other user on the platform wealthier as well
Nexves is incredibly simple
It’s 3 core products which sit above your existing current account. Doesn’t matter who your bank is you can access and benefit from our platform.
Rewards
Users forfeit the interest generated on their capital in return for tokens. These tokens create a digital currency which enables a number of key innovations on our platform. The ‘interest’ is invested in asset classes reserved for the richest 1% (reserved for the richest 1% because the government have created sophisticated investor laws which dictate if you don’t have £250k in your bank you’re not allowed to get richer) — Venture Capital, Private Equity, International/Commercial real estate. Your rewards are equal to your contribution. We invest in a startup that’s sold for £1m and you own 1% of the tokens? You’d receive £10k
Data
The skyTV example above — we use the digital currency to enrich that data. We pay you to tell us more and you receive a higher ownership of the investment fund as a result. This allows us to create a comparative data product which compares all your spending on the platform, then tells you when you are paying too much and how much you can save. We are also building out a product which will switch/negotiate those costs down on your behalf when that is the case, without you having to do a thing — for free — for every recurring expense.
Earning
The final part harnesses the power and influence of a network at scale. What if you could take actions which influenced the growth of your wealth? We pay you in digital currency to take actions which make you and everyone else on the platform richer. 100k people sharing a coherent message on social media, 1m people requesting their local supermarkets stock a product that the platform owns, switching consumer purchasing behaviour to buy CPG brands. We enable a swarm of individuals to act as selfishly as possible, which directly increases the wealth of everyone else as a result.
Banks are happy to let your data sit there useless and stupid.
This is a bad idea
We make your data intelligent, provide rewards equal to your contribution and let you influence the growth of your wealth.
This is revolutionary
We make your money a technology
Airbnb and Uber let you profit from things that were wasted — your time and property — we do this with your bank account. We let you stand together with thousands and potentially millions of other users, harnessing the power and influence of a network at scale to achieve better outcomes for everyone.
Today we mindlessly consume stuff for 0 benefit
This isn’t a good deal.
What if the things you bought made you richer? What if every product you bought let you own a part of that company.
Buy it = Own it ~ Buy more = Own More
This is a better deal.
How can @Nexves help you?
- We pay you to let us save YOU money
- We pay you to let us make YOU richer
- We pay you to let us give YOU equity
Doesn’t matter who you bank with, our platform’s open for you to use
