(NXL) Unlocking the Future: A Deep Dive into Nexeilia – Possibly The Next Big Crypto Revolution!?

open Shin welcome back to underground crypto where we deep dive underground cryptos as I call them low market cap gyms some of these are like before low market cap gyms um they have like next to nothing in market cap quite a few of them but this is where we get into the nitty-gritty into the grimy some of these coins have only been launched for at least officially launched some of them been in testnet and things some of these coins have only been launched you know for weeks maybe a month um the other day we did btic if you caught that video it's already up a little bit I mean it was 207,000 in market cap and honestly that wasn't even a day ago it was literally like 7 hours ago already 221,000 so well on its way to moving

nothing crazy substantial but you can just see how quickly money pours into these um these coins market cap we're using a an noname exchange I call it maybe one day I'll have to stop calling it that if to get more recognition here but it's a g jix I think I don't know I just kind of tried to pronounce it and I'm sticking with it so somebody wants to correct me on that drop it down in the comments um I haven't really got a defined time on when I'll be launching these videos every day I don't know if I need to but um if anybody wants to drop into the comments any specific times that are good for them um to catch these videos I will certainly see if collectively there's agreed upon time and and maybe I'll do that

but we'll see now the coin for today is going to be neilia again with these names I'm I'm just going for it I think that I got it right but I don't really know and uh we're going to jump right into it cuz I know that you guys really want the details on what's going on here first off 1.8 million market cap um honestly like the one that we were looking at the other day 221,000 that's tiny that's very high risk um but also extremely high reward if it pops off these well market caps have very high potential to make you some decent x's on your money you know 345x within a couple weeks is not crazy but they also could be rug PS so don't don't let that get away from you keep that in your mind that

you could lose your money don't invest more than you have 100 $200 $300 for most of these projects is probably enough and remember guys this is just an initial put put it on your radar kind of video I'm not telling you what to invest in I'm not a financial investor or financial advisor that's what I'm that's what it is I'm not a financial advisor and nothing I say or do should be taken as Financial advice I'm just a guy trying to let you know this coin exists and uh yeah from there let's just hop right in we will go to I like to start with the coin gecko so let's start with that um coin gecko again we're looking at market cap and on coin gecko this coin is so you know quote unquote new that we don't even

have a market cap uh GX claims that there's one but they don't now if you scroll all the way to the bottom it usually tells you what exchanges they're listed on and uh this is actually kind odd because a GX is not even listed on here but this trade ogre um never heard of it never used it but I have starting to notice coins getting listed on another coin we were looking at the other day um I think it was the voltic um that in their announcements uh on Twitter they had just got listed on this exchange don't know a lot about it I guess I'll have to check it out here for the sake of the channel although there is no shortage of low cap new projects on a g G chicks now um nxl is the ticker

if anybody's looking for it this is how you find it I don't know if there's many that are close to the same ticker but make sure you got the right one I like to come real quick and just say the 7 day on the chart here and uh February 13th is what it's saying let's go back a month all right February 8th let's go back a year and see what data gives us February 7th so it looks like bu and again guys somewhere there's probably some history of this coin prior to this but for all intent purposes here we're going to say February 7th 2024 is when this coin uh launched or maybe they came out of testnet we know I don't really know yet what kind of coin this is is it a mining coin is it a

gaming coin I don't know yet that's that's why we're here that's exactly why we're here we're going to Lear together again guys I may do a couple of takes trying to get this video right so I might know a little bit of what I'm diving into prior but I don't go and get really deep into all these things before I bring them to you I'm kind of trying to kind of show you the process in which we get into it how do we find these coins and uh so you understand how to find them for yourself because this is really where speculating and investing is is kind of exciting cuz these are where all your your big gains are you got to find them at the bottom when nobody knows what it is it does take a lot of

times if you if if you're just an investor and you're not into crypto every day and you're not studying crypto it can be kind of hard to keep your pulse on when to move on certain coins when certain coins are hot but it's taking me a while but if you just stick in get you some good mentors in the space whether you're into technical analysis maybe you're into fundamentals maybe you're coming from investing in the stock world and you're just slightly just been seeing crypto constantly and you're sick of watching everybody make you know 50x gains while you made 30% on the year um on the S&P or something like that on your Investments and you're starting to get some interest over here in the world of crypto that's fine just keep sticking with it and have some faith

and don't invest more than you can yada yada yada I won't go too far into that most of you guys are probably dialed in if you've wound up on this video anyways let's check out our Max Supply is a lot believe that's 788 million almost 789 million and the total Supply is a tiny number of that so the max Supply is how many should ever exist in a coin um in their circulation and then the total should be or yeah the total Supply should be what's out I mean I would think that that's what the circulating Supply should be you know correct me if I'm wrong looking at things that are important right here like the 24-hour trading value volume I mean sorry and um volume something you definitely want to think about with these coins because say you

put $100 in here and it goes up and says that you have a million dollars worth of value cuz the prices increased so substantially well if the if there's not people on the other side of your cell to buy it you know you might only get a little bit out of time and it might take you a really long time to get out of a project and when people use the common term of rug pulling what they generally mean is somebody or a collection of somebody's have taken all the liquidity away so you still hold the coin but the coin's value is drops you know a lot and you can't sell it for even that little bit that it's worth because there's no liquidity to sell into that's very important and there's a lot you could go into that

about uh you know smart money and dumb money and how they get people to buy their bags at the top of the market there's a whole thing you could go into another thing about coin gecko or coin market cap if you're not used to really looking at some coins it's a great place to find all of their stuff like I said I like a g jix because they actually put all these things together kind of like Co coin gecko does but um I already have a lot of these pulled up so I won't be clicking on them but this is a great place to find those kind of things too let's go no I don't want to go to their Twitter quite yet like doing that last they website usually the website is where the bulk of your information

is going to be and just right off rip the price of this Co right now is 075 at the time of recording it is uh 5:22 a.m. in in Florida in the United States for those who may not be in the United States and it says it's a GPU Focus Fork Nexia Network the Nexia network is based on Caspa which is a really awesome project that a lot of people have made a ton of money with that's a mining coin it's based on the Caspa blockchain the fastest open source decentralized and fully scalable layer one in the world Nexia uses Cass Carlson rhyth algorithm I haven't seen that yet um I'm not as well versed in mining I spoke about that in the previous video The Carlson algorithm and launches a GPU Focus Fork tackling and tackling the prevailance

of Asic mining operations this strategy this strategic sorry I can't read today this strategic move is designed to bolster smallscale Miners and amplify the Network's decentralization that's really interesting I mean GPU mining was for a lot of people who maybe don't know back in the early days of Bitcoin you could mine it with just a GPU and it got harder and you needed more com mining computing power and uh now we're look where we're at you you need some serious computing power in order to get anything out of mining Bitcoin but there's all these other coins that are starting up in the same way the Bitcoin started up and it looks like they're trying to tackle you know the as6 miners coming in and driving up the difficulty and so they're trying to make it so you know more

people could just mine it from their laptop I think that is their aim again I'm just speculating they have a white paper let's see if it'll click on it and not make me yeah they always want to make you download it um it's super sketchy I don't really want to want to download it because who knows what it is hopefully it's a white paper but it could be anything so ghost dag protocol I know what a dag is don't know what a ghost dag is it says technically speaking unlike conventional blockchain systems ghost dag doesn't discard blocks generated concurrently instead it permits their coexistence establishing a consensus-based sequence in this cont Tex Nexia functions more as a block dag with ghost dags Dynamic observable through a real time block dag visualizer hopefully I got all those words right like

I said guys I did not read this previous so you know bear with me this advanced form of the Nakamoto consensus ensures secure operations while enabling remarkably High block rates currently one block per second with targets of 32 I I guess blocks a second and Prospects of reaching 100 blocks per second or a block every 100 seconds actually I think is more what they're saying you miners out there really would understand what they're getting at here and extremely low confirmation times primarily influenced by internet L latency now they're just saying it's uh it's fast and they're planning on it being even faster Nexia implements neilia imp implementation incorporates numerous Innovations features and subprotocols these include reachability for assessing the dags structure block data pruning SPV proofs and forthcoming support of sub subnet networks which will greatly facilitate the integration

of layer 2 Solutions in the future now I'm sure a lot of people heard all those words they wrote that like they was trying to write a tongue twister most people probably heard a lot of that and was like I have no idea what that's talking about again I mean they're just really going over some things about how the um you know how the Block Chain system technology is designed and how it's working and that will matter to people who are really into it I've been studying crypto for quite some time but I'm not a developer so I would say I very Loosely understand what they're talking about would have no ability to apply that if I had to uh you know write some code or hook up a minor but I'm sure I could learn research and development

distributed artificial intelligence Network on block dag and right here we got AI I mean AI is all the craze you know in crypto it seems like there is always some kind of um you know what's a good way to put it category that comes up whether it's metaverse and stuff like that that gets people all excited and you just know you know when metaverse was hot any coin that had some kind of metaverse related to the project was just going to just going to Boom like gaming coins are doing that's another genre where they just boom because they're gaming coins and everybody speculating that game gaming coins are going to do well well AI in blockchain technology development is booming and it's going to continue to boom and you're going to see a lot of projects come and go

some do really well some not so much but people are going to invest heavily in AI I did not realize that this coin was an AI coin the development of distributed artificial intelligence AI networks where each node of the block dag acts as an autonomous AI agent these agents will collaborate on various tasks such as machine learning data processing and decision- making within a blocked act structure structure that offers efficiency transparency and security envisioned advantages so these are just advantages that they think might happen distributed learning utilization of block dag for collaboration ating with distributed learning security security enhancement through the decentralization of block a real-time processing ability to efficiently process data in real time due to the speed of the block dag which they talked about earlier interoperability use of smart contracts to ensure interoperability interoperability is you

is the communication between many different things most of the time multiple blockchains being able to communicate with each other and move around information cuz a lot of times each blockchain is a separate ecosystem and doesn't talk to each other so as all these different blockchains and all these different ecosystems come online um for us really to advance and move forward they need to be able to talk to each other you need to be able to maybe have something to do with a smart contract on ethereum make sense and move on a smart contract and say Bitcoin or um what's another one oh obsidian which we were dealing with the other day we went over um that was looking to be a layer one so maybe they want to communicate with other blockchains making their project more relevant and people

would care more about it and use it challenges to address so things that they're they're challenged by data protection that's everywhere you go big companies don't do a good job of protecting your data that's for sure ensuring the security of private data handling large volumes meaning when the network becomes influxed with a lot of things going on like the classic everybody gives salana a hard time for shutting down and I don't necessarily blame them um the ability to process and manage large volumes of data Regulatory Compliance adherence to legal and Regulatory standards a lot of you who are coming across the aisle from traditional Finance Legacy system type investing um are very concerned about regul you know Regulatory Compliance and um you know Regulatory Compliance for for all the Deion out there is not a horrible thing it it

protects us from some rug PS that's for sure protects you from losing your money so it's not it's not a horrible thing potential applications smart cities I mean right there I'm not excited let's let's just go ahead and put that out there smart cities are not something that makes me jump up for Joy uh management of urban infrastructure such as lighting and traffic as well as City Energy Systems all driven by AI now when they put the use case for smart cities um it sounds good you know lights and traffic and energy systems and AI managing it probably making it really efficient but you know let's be honest smart cities uh also known as 15minute cities where everything is within 15 minutes but you also can't leave without permission is uh most likely the ultimate goal there so we

got to be careful about what we allow although I don't know how you would stop it gaming of course is another great application enhancing gaming experience with AI driven ecosystem supported by the secure and efficient framework of block dag and again you see block dag coming up a lot block dag seems to be their product their thing that makes them different from everybody else they have this ghost block dag um type of infrastructure healthc care structure analysis of medical data to prevent data leaks and use pandemic prevention through the analysis of virus hotspots so like already we got smart cities healthc care uh pandemic all of these things are you know pay attention Guys these are key words that they're using here finances of course applications and trading and real-time financial analysis leveraging the speed of the current AI

Innovation and potential and guys in the comments you could drop do you want me to read every bit of this I don't really mind some things I do the white papers can be really long sometimes but you know we probably got through the bulk of of this so I'll read the last part Innovations and potential the structural alignment of block dags with neural networks used in the current current AI model such as chat gbt and Hermes who I don't think I've heard of that one but I have chat gbt creates a unique opportunity to combine the benefits of block dag with the capabilities of AI this paves the way for revolutionary applications fundamentally transforming key sectors such as gaming earnit planning Healthcare and finance I mean that is the promise of AI in general putting AI um with the

innovation of blockchain is certainly a a breakthrough the fastest blockchain so they're claiming um not sure where their stats actually stack up there NEX cilia uses Caspa we talked about that technology which allows it to generate one blockchain per second to put it in perspective Bitcoin takes approximately 10 minutes to create a single blockchain while ethereum takes about 15 seconds so they're showing you you know Bitcoin came first ethereum I think is credited for coming second from 10 minutes to 15 seconds to one second so that's pretty it's pretty fast this incredible speed leads to lightning fast transactions and instant confirmations on the Nexia blockchain performance and security encryption I mean what is crypto about other than encryption nilia harnesses an ultimate an ultra secure blockchain with no compromise to decentralization achieved with pure stakeless proof of work combined

with a revolutionary ghost a consensus mechanism you know with all these projects that come out it seems like they kind of just take what is already working well and they just find something a little different a little bit better to upgrade it and make it better and then they have a whole new project which I mean makes sense and that's how we get the evolution of blockchain and the security of blockchain and all these different things fastest transactions I'm not going to read all of these instant confirmations scalability if you've been in the crypto world you know scalability is a big deal efficient proof of work so you know proof of work always gets this bad rap about wasting energy and being so horrible for the planet even though that's ridiculous how much energy do you think the banks

of all the world combined use on a daily basis do you think it's anywhere near what Bitcoin mining does probably not even close but of course they throw the word efficiency in front of it because they want to tell you you know they're solving that problem because they're proof of work and they need to have that security block dag or they talked about their ghost block dag road map road maps are always fun um with the road maps of any coin that we go over the more detailed the Rope map is the more likely they've thought out what they're talking about the more likely they're actually going to do something here so quarter 1 2024 um next Elan Network launches blockchain Explorer that's where you go to see all the transactions on the blockchain if there's any problem or

you just want to see you know it being confirmed on the blockchain in real time web wallet Caldera bot for ooc over the counter is what occt stands for I'm not sure what Caldera is listing on trade orer listing on KN non kyc that's a hilarious name for an exchange I've not heard that but uh they better never ask you to kyc right and then of course the G jix which they're already on that so I assume the other ones have been done update white yeah update with paper that looks like a misspell I think that's supposed to be update white paper uh next door next door man where is my mind today desktop wallet mobile wallets cuz it's 5:37 in the morning is probably my problem is quarter 2 2024 search AI Partners list on coinex that would

be a big deal algo Improvement so algorithm Improvement listing on gate.io and listing on Mexi now again why are we talking about all of this because of adoption of this coin cuz price goes up because money flows into the market cap these listings on these different exchanges are a big deal and you know in in the q1 goals of this road map you'll see that um they actually I don't know what no what non kyc is but trade orer and GX they they have made it onto those platforms for all I know I know a GX that's where I found it and so good chance that they're going to wind up on these other ones everything seems to wind up on Mexi that is going to drive price and that is what we're trying to do guys we're trying

to get in here before the price gets driven up right here in quarter two so that's important pay attention and uh um you know that's also a good time to take profits web application that generates image again now we're in quarter 3 2024 web application that generates images and videos using AI with payments in nxl that's the native token and quarter 4 2024 integration of smart contracts uh distributed official artificial intelligence Network on block deac so that actually seemed pretty good I mean compared to a lot of these different coins that have dived that's a pretty decent road map um as far as price go up now the tech and everything that's something I'm not as dialed into but at least they have something um interesting to to Really provide to give a use case for why people should

invest and why people should care seems like they're going to be a layer one it said that they're working off a Caspa so I don't know if they're a layer two on Caspa or if they're a layer one all by themselves I'm not really sure maybe will find out here again trying to keep these videos to 20 minutes but I mean if if there's sometimes these deep Dives with a meme coin and you go on there and it's like just trust us and buy the coin it'll go up I'm not lying literally one of the coins is literally called number go up so you got to really wonder what you're going to get out of something like that listings here's some more you know Links at the bottom the website does look pretty spiffy I mean you could probably

generate a lot of of this with AI pretty quickly but you know it is nice when it looks good some websites really don't look good and it's very apparent the minute that you get on tokenomics it's always something interesting to look at really don't feel like you guys want me to read all of this let's see if we can just break it down nelia's monetary policy is simple each year the block reward will be divided by two in half with an initial block reward of 12 huh I'm not 100% sure what they mean by that but I mean Bitcoin having is every four years they're having a having um you know what it say every year that's crazy um that drives price through the roofs it's simple scarcity and demand guys when it comes to speculation if this coin

does well gets listed people care about it has a relevant use case and a product that matters to the world like ghost Stag and extremely fast blockchain transactions and it's going to uh have like a having pretty much every year driving the scarcity therefore driving the demand that's pretty that's pretty ridiculous that's pretty crazy um and only 788 million for the full Supply that's I mean oh man I look dumb I don't want to get this wrong Bitcoin I believe only has 21 million coins I don't know why my mind wants to say 21 billion but that seems like way too many coins so 21 million is what I believe Bitcoin has this says 788 million so that's a lot more than Bitcoin but with a having every year it seems like this goes well into the future and

a lot of these coins really won't be coming out for a long time but I'm not 100% sure what their vesting schedule is do they tell us total mind no they don't they don't tell us what the vesting schedule is how much will be you know coming out like today I don't know how many came out today that's an important thing to know because if the coins are coming out super fast it drives the price down it has a a negative effect on price not everybody's concerned about price some people are all about tech and fundamentals and they don't care look at your cardano people they're not worried about price then they have a wallet wallets are great for holding your own custody always self- custody guys and use a VPN and don't download random things like that white

paper I almost downloaded hopefully that wasn't a scam hopefully I'm not making a video tomorrow talking about how I lost um my money although I don't have any on this computer but with AI nowadays guys they can get into your network and they can access all your other devices they have a Discord it seems I have already clicked on it and brought it up now look at this they have 11 followers and 3,133 followers I'm in 11 that they're following how many people they're following is not really important it's all in the followers uh join January 2024 so that's it's a good amount of followers in that time they must be decently active it does does of course seem like um it does seem like they have something to offer the way that I do the ratings on these

coins by the way I think I forgot to do it on the last one I'm a new YouTube channel I'm going to get my stuff together here I promise but I just do a gut rating I'm not going to go crazy some people have a 10-point checklist plann to come up with this ultimate rating for The Coin which I appreciate but um I'm not there yet I'm not that dialed in and so you know what is the niche of this coin AI it's very Tech driven looks to be a layer one might be a layer two on Caspa I would definitely look deeper if anybody wants to put the answer to that down in the comments greatly would appreciate that as I will be looking at the comments cuz this is a small Channel um 18 hours ago 14

hours ago 19 hours ago February 19th you know this is all very relevant nice clean imagery um okay so it's a fork of Caspa so that means its own thing it's built off of the tech technology in the blockchain of Caso but it's its own thing I would honestly give this like a gut check level of like seven which is obviously the highest all my channel is New so I don't have a ton on here but that that's probably the highest one I've given to any coin so far um which isn't saying much cuz I don't have a lot of videos but they are verified that's always good and uh yeah I give it a gut check a seven and they're they're active yes it looks like a lot of their imagery is generated by AI but what do

you expect from an AI narrative coin an AI coin should use AI that only makes sense all right guys that's pretty much all of it I am way over my 20 minutes but there was a lot here and that's actually a good thing you know if if there's not a lot to it then we don't have a lot of information we don't have a lot to speculate on we don't have a lot to be excited about we don't have a lot to have any hope in so I hope you guys enjoyed the video hope I delivered some value hope I wasn't too long-winded um put all your criticism down in the comment section for me and uh I really will be looking at it and trying to clean this up and get these as dialed in as possible to

just deliver the value and cut out a lot of the uh extra talk as I continue to do a lot of people may be new I'm not really sure who I'm going to attract in this audience so I try to keep it simple and I try to explain things but I don't want to explain the same thing in every video be blessed crypto Ron out like And subscribe