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Net Savings Link Inc. (OTC:NSAV) Launches ERC20 Token NSAVx, Stock Gains

At a time when the cryptocurrency space is again buzzing, it would only be natural for investors to take greater interest in the stocks of companies involved in that space. That brings us to Net Savings Link Inc. (OTC:NSAV), the cryptocurrency, digital assets, and blockchain technology company.

Yesterday, the company hit the news cycle after it announced that it had launched its ERC20 token, named NSAVx. In the news release yesterday, the company revealed that the token had been created as the primary discount and utility mechanism in the current upgrade of the NSAVx digital platform, the company’s recently launched CEX (Centralized Cryptocurrency Exchange).

The token would be the main payment and checkout method for the platform, NSAVx.com. It would also entitle the users of the digital platform to special offers, merchant discounts, and rewards. Additionally, it was noted that the platform would also be the basis for planned blockchain projects of Net Savings Link, which would be listed in the first fiscal quarter of 2024. It was also noted that the holders of the token would also get benefits from the Web3 project connectivity, NFT projects, and the possibility of use by participating merchants in the retail space at some point in the near term.

The NSAVx decentralized liquidity pool was scheduled for launch at 2 PM Eastern Standard Time yesterday on Uniswap. The company noted that it was a major new first step for the fans of Net Savings Link to be a part of the future of Web3 and decentralization, in addition to the commercialization of the company’s technologies.

The acquisition of CEX had been concluded in November 2023 and had been rebranded to operate under the Net Savings Link last week. The platform would be the flagship blockchain business of Net Savings Link in the emerging secure digital assets, curated Web3 assets, and rewards spaces.

Published by Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.

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