NerveFlux April 2024 Progress Report

2 min readMay 4, 2024

In April the NerveFlux team decided to focus on the NerveFlux financial overview as we approach the third quarter of 2024 which marks a new stage and shifts in development, partnership and deployments.

Before we begin with development we are happy to announce to the general public that the NerveFlux team are adding three new members/admins into the NerveFlux team.

Miss Mercy — — New Admin/Moderator

Mr Destiny — — Social Media adviser

Mr Precious — — Web Developer

ICO/Inaugural Finance: As an innovative project NerveFlux funding has been done more by the team's private/personal funds. NervFlux is a project born out of the need to solve real practical problems.

The NerveFlux January 2022 ICO was a significant milestone in our journey, Securing this funding via PrivateSale and PinkSale presale. All private sales funds were spent on pre-marketing and partnership. While the ICO presale fund saw 70% of it going into liquidity, 82 BNB was used to secure listing on the dissolved HotBit CEX and another 18 BNB was spent on two other CEX listings. The balance funds were spent on Marketing, adverts, partnerships and MM service payments.

Token Distribution: As of 2024 over 57% of Nerve tokens are locked, these locked token includes 10% allocation plus 10% yearly APY for private sales investors.

As NerveFlux transcends into a multi-chain token, an unspecified(at the moment of writing) amount will be burned from the BSC Network and minted as a Multi-chain token.

Development: The NerveFlux team is preparing to release some snapshots and videos of the upcoming NerveFlux marketplace. We want to showcase to the crypto space our innovative technology and we hope to announce some big partnerships shortly.

About NerveFlux Marketplace

A decentralized Real Estate Marketplace where investors/users can buy and sell properties with crypto seamlessly. NerveFlux will employ NFT, P2E, Tree planting and Metaverse as its main use case.

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