NXTTYCOIN PRICE RISES IN ANTICIPATION OF ENCRYPTED MESSAGING APP RELEASE

Nxttycoin is the official digital currency of the Nxt Mobile Applications Company, a company that is designing applications to give both Android and iPhone owners access to anonymous, encrypted messaging services. In anticipation of the upcoming release, the Nxttycoin price rose more than 40% over the past week (a trend shared by quite a few altcoins, including Nxt). CCN examines Nxttycoin and its recent price increase.
What is Nxttycoin? Nxttycoins serve as ownership stakes for the Nxt Mobile Applications Company (NMAC). The NMAC plans to develop smartphone applications that offer secure and anonymous messaging services that run on top of the Nxt platform. The NMAC’s first product is Cryptomessenger, which according to developers will offer ‘client to client encryption, anonymous messaging, message destruction,…breaking news alerts…a public chat room,…[and] intelligent emoticons all for free.’ Cryptomessenger will be available for both iPhone and Android phones. Currently, the Nxttycoin community is beta testing Cryptomessenger for both smartphone platforms.

This post was published at Crypto Coins News on 12/09/2014.