Financial Services - Austin, Texas, United States
Like many successful companies, NFN8 came from humble beginnings. In 2016, the Company was started by three guys in a garage with a clear vision of the future of Blockchain and Crypto-Assets. They put together a few computers in shipping containers and began experimenting. All this activity was housed in a garage located in Pflugerville, Texas. They knew they were on to a technological breakthrough but didn't know they would be pioneers in what would become part of the backbone of a trillion-dollar global monetary system. They grew the business with their own money, never diluting with investors or taking on debt. By 2018 NFN8 had achieved a steady upward trajectory in a new emerging financial marketplace. Then, as with many evolving technologies, the market corrected dramatically. At that point, just like during the correction as the internet evolved, many executives panicked, and many companies closed. But because the NFN8 founders had a comprehensive long-term vision, they were prepared and able to take the uncertainty and create opportunities.The opportunity emerged because of NFN8's unique operating philosophy. The NFN8 business process uses specialized computers to mine (create) a product. That product is cryptocurrency. Cryptocurrency is money. These Crypto Assets are then high-frequency traded, leveraging up the value of what has been mined. The Company's proprietary trading system is designed to hold short term and thrive in bear markets with intense volatility, as well as profit in an upward trending market. This is accomplished by trading spikes irrespective of market trends. Therefore, NFN8 has survived in all market cycles. While other companies were failing and selling off equipment for pennies on the dollar, NFN8 was buying at reduced costs because they were strong and cash-heavy. The Company has proven its ability to excel in all market conditions.
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