Nordek

<p></p><p>The number of crypto users has grown to over 420 million globally according to a survey. This number is likely to grow over time as more user-friendly products and apps are launched in the market. As the world of blockchain is making rapid efforts toward mass adoption, there is a need for a platform that helps developers to build new dApps and products. This will not only save time and effort but also help new users to overcome technical barriers which is the major roadblock that blockchain faces today.</p><p>Nordek is slowly redirecting the wheels of blockchain toward sustainable mainstream adoption. For the blockchain-savvy developers, Nordek has built a reliable infrastructure that combines decentralisation, scalability, and security to build mainstream payments and GameFi dApps.</p><p>Nordek is also on its way to launching user-friendly Web3 products for diverse use cases across business verticals be it real estate, travel, or logistics, and left templates for developers to follow suit.</p><p>Let’s take a deeper dive into the Nordek Ecosystem.</p><h3 id="strong-what-is-nordek-strong"><strong>What Is Nordek?</strong></h3><p>Nordek is a DPoS blockchain primarily for payments and GameFi. Nordek is a developer-and-consumer-friendly blockchain that is fast, scalable, and secure while enabling the building and deployment of gaming and payment solutions.</p><p>It aims to achieve a high-performance Defi and GameFi ecosystem by supporting the;</p><p>1) Building scalable dApps with fast throughput, low cost, and no possibility of technical failure.</p><p>2) Development of payment solutions that work in fiat-only settings, thus, offering DeFi similar liquidity to TradFi.</p><p>3) Building of dApps from ideation to mainstream through launchpads, ready-made templates, funding, and more.</p><h3 id="what-are-the-current-challenges-that-the-blockchain-space-faces">What are the current challenges that the blockchain space faces?</h3><p>Many issues plague the current blockchain space, thus dwindling its mainstream momentum. Outages, customary to proprietary blockchains, are one of them. <a href="https://cryptoslate.com/heres-why-the-recent-solana-outage-took-almost-a-day-to-resolve/#:~:text&#61;Solana%20has%20a%20history%20of,3%20minor%2C%20outages%20in%202022." rel="noopener noreferrer nofollow">Solana experienced</a> 11 major and 3 minor outages in 2022 alone with one of them lasting for up to 20 hours. However, Solana is not alone in this habitual coma.<a href="https://www.techradar.com/news/massive-ethereum-outage-forces-crypto-exchanges-to-block-withdrawals" rel="noopener noreferrer nofollow"> Ethereum</a> has also had its fair share of outages. While others may have been able to avoid total blackouts, they have experienced lags and other efficiency inhibitors.</p><p>However, the problem runs deeper than outages and lags. The evolving Web3 space is yet to attain full stature in terms of infrastructure. While older blockchains are old dogs and are unable to flexibly adapt to the new demands, newer blockchains like Nordek are niched and have catered effectively to the downsides of these older blockchains.</p><p>Let’s take a look at some of the problems of the GameFi and Payments spaces and eventually how Nordek is changing the narrative.</p><h3 id="strong-issues-affecting-the-current-gamefi-space-strong"><strong>Issues Affecting The Current GameFi Space</strong></h3><p>The gaming industry has experienced the demise of potentially prosperous projects and a lack of significant engagement in those that survive. In 2022, only <a href="https://www.footprint.network/chart/Number-of-GameFi-Protocols-by-Chain-fp-35015" rel="noopener noreferrer nofollow">14.5% </a>of GameFi titles attracted more than 1,000 users, and as of December 25, there were <a href="https://www.footprint.network/chart/Active-%2F-Inactive-Games-fp-35011" rel="noopener noreferrer nofollow">62 active </a>GameFi projects and 1,478 inactive ones, with the majority failing to launch.</p><p>Despite these seemingly discouraging statistics, gaming activities accounted for more than 50% of all blockchain transactions in 2022. Investors have not been deterred by these setbacks, with over $7 billion in funding poured into the blockchain gaming sector, making it one of the <a href="https://decrypt.co/115927/crypto-remains-largest-investment-sector-in-2022-outpacing-fintech-and-biotech" rel="noopener noreferrer nofollow">most well-funded industries of the year</a>, according to Decrypt. This indicates the immense potential of the blockchain gaming sector and underscores the pressing need for infrastructure like Nordek that will foster its growth.</p><p><strong>Problems Plaguing The Crypto Payments Landscape</strong></p><p>Asides from regulatory uncertainties, and volatility. Scalability, illiquidity of crypto assets, and poor user experience are one of the biggest obstacles to mainstream crypto adoption.</p><p>Visa, for example, can process up to <a href="https://www.ledger.com/academy/glossary/transactions-per-second-tps#:~:text&#61;It%20is%20used%20to%20measure,has%20a%20TPS%20of%201%2C700." rel="noopener noreferrer nofollow">1700 transactions per second </a>while MasterCard has an even more impressive throughput, being able to process up to <a href="https://www.bitdegree.org/crypto/learn/crypto-terms/what-is-transactions-per-second-tps" rel="noopener noreferrer nofollow">5000 TPS</a>. Crypto has yet to onboard a significant amount of the world, and yet scaling has posed to be an issue.</p><p>The current DeFi space also poses a stringent barrier to entry as it favours the tech-savvy. Nordek is set to redefine these anomalies.</p><h3 id="how-nordek-is-reimagining-the-web3-space">How Nordek is Reimagining The Web3 Space</h3><p>Nordek Blockchain is a revolutionary platform that accelerates process optimization, scalability, security, and simplicity, for GameFi and payments.</p><p>By expanding the use cases of cryptocurrencies beyond exchanges, wallets, and DAOs, Nordek is reimagining the web3 space with its innovative approach to blockchain technology. One of the key features of Nordek is its use of a Delegated Proof of Stake (DPoS) consensus algorithm, which enables faster processing of transactions and the potential to handle thousands of transactions per second.</p><p>This makes Nordek more scalable than other blockchains, making it ideal for businesses and individuals. Nordek has launched several payment and gaming solutions amongst which are Norpay, Norfly, and Norflix. Norpay and Norflix are crypto payments and rewards solutions respectively and Norfly is a telegram-connected Web3 game.</p><h3 id="norpay">Norpay</h3><p>Norpay is a prepaid MasterCard that allows users to use cryptocurrency as cash without having to convert it first. Norpay gives crypto the same liquidity as fiat by enabling you to load crypto onto a prepaid card and pay at point of sale (POS), liquidate at ATMs, and do a lot more without using P2P, or selling it first. The card is available both as virtual and physical cards. Norpay is set to redefine crypto use worldwide and infrastructurally, it consists of a ledger, wallet, DAX, cash, API and coin.</p><h3 id="norflix">Norflix</h3><p>Norflix is a voucher platform that enables brands to incorporate loyalty-building mechanisms into their products using Web3 technology. The platform primarily utilises prepaid cards and gift cards, providing comprehensive international coverage through omni gift card channel delivery and automated rewards systems. Companies can utilise Norflix’s platform or integrate the technology into their own workflows.</p><h3 id="norfly">Norfly</h3><p>Norfly is a Telegram-connected P2E game created by Nordek to engage its community. It rewards players with the $NRK, the native token of the Nordek blockchain. The tokens earned can be traded or sold on either <a href="https://www.coinstore.com/" rel="noopener noreferrer nofollow">Coinstore</a> or <a href="https://koinbx.com/" rel="noopener noreferrer nofollow">KoinBX</a> exchanges. <a href="https://t.me/NORFly_bot" rel="noopener noreferrer nofollow">The game</a> features a tempest-filled universe that players need to traverse. They can also earn bullets and take their enemies down while at it and make body contact with coins to earn points.</p><p>Asides from the mentioned products and platforms, Nordek also offers swaps, exchanges, bridges, NFT marketplaces, launchpads, and wallets.</p><p>Its gaming hub aims to deliver fast throughput and development efficiency through solid infrastructure, templates, funding, launching pads, and smart contract audits. Developers can also earn by code monetization and by becoming platform validators. Nordek is designed to be user-friendly for both blockchain and non-blockchain developers. It is interoperable and compatible with the EVM ecosystem while enabling business use cases.</p><h3 id="how-to-buy-the-nrk-coin">How To Buy The $NRK Coin</h3><p>The $NRK coin is currently trading on Coinstore and KoinBX exchanges for less than $1. This presents a massive opportunity to early adopters and investors seeking to grow consistently as the Nordek blockchain launches mainstream products, strikes new partnerships, and takes over new territories. To purchase $NRK, simply visit www.coinstore.com or<a href="https://koinbx.com/trade/NRK-USDT" rel="noopener noreferrer nofollow"> www.koinbx.com</a> and register an account. Then, search for the NRK/USDT pair to begin trading or investing</p><h3 id="conclusion">Conclusion</h3><p>Nordek’s ecosystem aims to break payment and gaming barriers and push into mainstream adoption. By reimagining the web3 space with its specialised optimization and DPoS blockchain, Nordek is pushing the boundaries of what blockchain technology can do. Users can purchase the $NRK token to be part of a blockchain revolution and grow alongside the ecosystem.</p><p>For more updates visit: <a href="https://linktr.ee/nordek" rel="noopener noreferrer nofollow">https://linktr.ee/nordek</a></p>

How Nordek Is Changing The Web3 Space ?

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