Nexera (NXRA) is the main token of the AllianceBlock Nexera ecosystem. It functions as a medium of exchange, incentive mechanism, payment method for network fees, and governance token within the platform. The token aims to connect the worlds of decentralized finance (DeFi) and traditional finance (TradFi).
Nexera operates across multiple blockchains, including Arbitrum One, leveraging advanced on-chain order book protocols and integrating technologies like Uniswap V3. Though not explicitly mentioned, staking features imply a Proof of Stake (PoS) consensus mechanism. The platform uses Automated Market Maker (AMM) technology for liquidity and the Nexera Protocol to ensure compliant cross-border transactions. Smart contracts are employed for regulatory compliance and automated financial agreement enforcement.
Nexera facilitates the tokenization of real-world assets, enabling compliant cross-border transactions and offering a decentralized exchange with enhanced liquidity solutions. It also promotes interoperability among blockchain networks and serves various sectors such as financial services and real estate.
Founded in 2018 by Rachid Ajaja and Matthijs de Vries, formerly known as AllianceBlock, Nexera aimed to bridge DeFi and TradFi. Over the years, significant milestones include its 2023 rebranding to Nexera and the introduction of the Nexera Protocol and Exchange. The token initially replaced AllianceBlock Token (ALBT) with Nexera Token (NXRA), marking a considerable growth and market presence.