NXChain.IO Terms and Conditions
Effective Date: April 30, 2025
1. Definitions
- NXChain (Platform): The official website and infrastructure of NX at https://nxchain.io
- NX Token: The native digital asset of the NXChain ecosystem, totaling 51 billion tokens with real-time minting upon user withdrawals.
📋 Official Contract Address (BSC BEP-20):
0x3934ae202f24a29464f1f7f572a8681a4c6cdb97
⚠️ Always verify this contract address before transactions
- Hash Power Mining: A unit of virtual computational power providing 5-7% monthly rewards based on hash power purchase tier.
- Partnership Program: A 7-tier partnership system offering 27% total rewards distribution across the network.
- Hash Power Protection System: A security feature limiting total mining rewards to 5x the hash power purchase amount per cycle.
- User: Any individual utilizing NXChain hash power mining and partnership services.
2. Terms of Use
- Users must be at least 18 years old.
- Creating multiple accounts to gain additional rewards is prohibited and will result in account suspension.
- Users are responsible for keeping their account information confidential and are accountable for activities conducted through their accounts.
- Use of services in countries where cryptocurrency regulations prohibit such activities is not permitted.
- Users acknowledge the hash power protection system (5x hash power purchase) and hash power reset mechanism.
3. Virtual Mining & Reward System
- Users earn through hash power mining with tiered monthly rewards:
- • Starter ($50-$1,000): 5% monthly mining rewards
- • Advanced ($1,000-$10,000): 6% monthly mining rewards
- • Premium ($10,000+): 7% monthly mining rewards
- The 7-tier partnership network distributes 27% total rewards: Level 1 (9%), Levels 2-4 (4% each), Levels 5-7 (2% each).
- Hash power protection system limits total mining rewards to 5x hash power purchase. Upon reaching maximum cap, hash power resets to zero.
- To continue mining after maximum cap, users must add new hash power purchase.
- Mining rewards are calculated in real-time but withdrawals are processed every Monday.
4. Hash Power Protection System & Mining Risks
4.1 Hash Power Protection Mechanism: The maximum mining reward any user can earn equals 5x their hash power purchase amount. Upon reaching this limit, the user's mining hash power is reset to zero, and mining reward generation stops until new hash power is added.
4.2 Hash Power Reset: When maximum cap is reached, users do not receive return of original hash power purchase. The system is designed for mining reward distribution, not hash power return guarantee.
4.3 Market Risk: Virtual mining returns and token values may fluctuate. While percentages are fixed (5-7%), actual USD value depends on NX token market price.
4.4 Liquidity Risk: Token minting occurs upon withdrawal, but market liquidity for NX tokens may vary, affecting conversion to other currencies.
4.5 System Risk: Technical issues, network disruptions, or infrastructure problems may temporarily interrupt access to services.
4.6 Legal Risk: Users are responsible for ensuring compliance with cryptocurrency regulations in their jurisdiction.
5. Token Minting & Transparency
- NX tokens (51 billion total supply) are minted only upon user withdrawals - no pre-minted inflation exists.
- 75% of minted tokens go to mining participants, 25% to project development (10% team, 15% operations).
- All minting transactions are recorded on blockchain and publicly verifiable.
- Users can track their hash power protection progress, withdrawal history, and partnership earnings in real-time dashboard.
6. Disclaimer
- NXChain provides virtual mining services with specified percentage returns, but actual token value may fluctuate.
- The hash power protection system ensures sustainable operations but does not guarantee hash power return upon reaching limits.
- NXChain does not provide financial or legal advice.
- Users are solely responsible for their financial decisions, token investments, virtual mining participation, and partnership network building.
- NXChain is not liable for losses resulting from user errors, hash power protection resets, or market fluctuations.
- Users acknowledge that reaching maximum cap results in hash power reset without return of original hash power purchase.
7. Privacy and Security
- User information is protected in accordance with NXChain's privacy policy and blockchain transparency standards.
- The platform employs advanced encryption and security protocols to safeguard data while maintaining public blockchain transparency.
- All mining rewards, partnership rewards, and token minting are publicly verifiable on blockchain.
8. Updates to Terms
NXChain may update these terms to reflect changes in the hash power mining system, partnership structure, or hash power protection mechanisms. Continued use of the services after changes constitutes acceptance of the updated terms.
9. Governing Law
- This agreement is governed by the laws of the United Arab Emirates.
- In case of disputes related to hash power mining, partnership rewards, or hash power protection systems, the competent courts of the United Arab Emirates will have jurisdiction.
IMPORTANT NOTICE:
- The hash power protection system (5x hash power purchase) includes both partnership rewards and personal mining rewards.
- Upon reaching maximum cap, your mining hash power resets to zero without hash power return.
- NX tokens are minted only upon withdrawal - no pre-existing token supply guarantees liquidity.
- Virtual mining returns (5-7%) are in NX tokens, not USD - actual value depends on market conditions.
If you do not agree with any of the above terms, particularly the hash power protection and hash power reset system, please refrain from using NXChain services.