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NEXT BASKET’s NEBA Token Unlocks New Opportunities for E-Commerce in Retail

By Vladislav Sopov
Fri, 31/01/2025 - 10:00
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NEXT BASKET’s NEBA Token Unlocks New Opportunities for E-Commerce in Retail
Cover image via www.freepik.com

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NEXT BASKET, platform for integrating cryptocurrency assets in e-commerce retail businesses, introduces a new scope of opportunities for entrepreneurs, investors and consumers. Now, the protocol is running a private sale for NEBA, its core utility cryptocurrency.

NEXT BASKET introduces Web3 ethos and practices to e-commerce

Launched back in 2024, NEXT BASKET is developing and maintaining B2B solutions in the segment of retail e-commerce. Despite being in a very early stage of development, the platform has already onboarded a significant number of users in various countries and territories across the globe.

Article image
Image by NEBA Token

One of the primary challenges posed to modern e-commerce structures lies in their dependence on multiple intermediaries, such as payment processors, logistics companies and marketplace platforms.

By using decentralized models employing smart contracts and distributed ledger technology, for transaction efficiency at faster and cheaper costs that remain transparent without manipulation, NEXT BASKET attempts to address this situation by decentralizing NEBA Token's purpose and benefits.

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Integration of blockchain and DLT into e-commerce business logics results in various advantages for any e-commerce platform. After migrating to decentralized rails, by cutting out middlemen, merchants are able to retain more revenue per transaction.

It also offers an entirely new level of visibility and transparency. Blockchain technology ensures every transaction can be tracked easily and is less susceptible to fraud or hacking attempts.

Blockchain can also make e-commerce operations more cost-effective. Automated, trustless processes reduce expenses such as payment processing fees while dramatically speeding up delivery and customer confirmation times.

Accompanied by a balanced tokenomic design, integration of blockchain technology and crypto might be extremely beneficial for e-commerce ventures at various stages of growth.

NEBA crypto token available for private sale

NEXT BASKET equipped its token NEBA with an impressive stack of utilities. The project’s decentralized framework revolves around its cryptocurrency token, NEBA Token. This token provides multiple functions. 

First, NEBA unlocks Loyalty Rewards for customers who make online purchases, turning casual customers into brand ambassadors with each purchase they make online.

Then, NEBA accelerates merchant integration. Online store owners who offer rewards must acquire or possess NEBA Tokens as part of these rewards — providing an inbuilt demand mechanism.

These two options give a spin to the NEBA adoption flywheel. Since merchants need NEBA Tokens in order to access NEXT BASKET successfully, demand remains consistent and gradually drives audience interest in NEBA Tokens.

Merchants using NEBA Tokens as customer rewards receive complimentary access to NEXT BASKET's comprehensive software platform, creating a win-win scenario where merchants benefit from reduced overhead costs and expanded market reach while helping the token economy stay strong in different markets.

NEXT BASKET has dedicated nearly half of its funds to maintaining liquidity on exchanges so traders can enter or exit without encountering excessive slippage. Its comprehensive financial overview that encompasses both fiat and crypto transactions helps build trust among prospective investors.

As of press time, the token is at $0.04, while the public sale price will be higher, according to the latest team statement. The supply of NEBA is capped at 1 billion tokens as the company sets an ambitious goal to raise $30 million in equivalent across various funding rounds. The project welcomes all e-commerce enthusiasts to join the sale and become part of the next-gen synergy between retail online marketplaces and Web3 technology.

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