Crypto.IQ is pleased to announce that Charlie Shrem has agreed to join the NIX advisory board along with becoming a NIX contributor.

Charlie has long believed that privacy and decentralization are not just themes in cryptocurrency. They are the reason it exists. They are among the critical characteristics that make this a breakthrough technology — one that is changing the world.

That’s why he feels so strongly about NIX. It combines these two important features into one very powerful platform that we at Crypto.IQ believe has enormous potential to deliver the “killer app” that will take crypto mainstream.

What Charlie likes even more is the way the NIX team has conducted itself from the project’s inception to the present.

“Decentralized privacy networks are the future of crypto,” Charlie said. “I’m excited to be working with a grassroots project that built itself up without fundraising.”

Rather than fundraising with an ICO, NIX created a faucet that delivers newly minted NIX to users. And since its inception, NIX has been trading on exchanges, increasing its social media efforts, and following its well-thought-out roadmap — all of this during the longest bear market in crypto history.

The vision of the NIX team is to fix the flaws of traditional privacy coins by creating a multi-layer platform that encompasses protocol consensus, utilization features, inter-communication systems and a foundation for decentralized applications to be built on top of NIX.

Already, they have achieved much within those layers, but there is more yet to come.

Partnerships with Blocknet, Chainzilla, Whopper, and Swirl demonstrate that NIX is expanding its reach while staying under the radar of the crypto mainstream. The NIX project, begun last May, has already delivered streamlined privacy solutions like the Ghost Vault and Commitment Key Packs Scheme to allow for zerocoin address-less private transactions.

What makes NIX even more of a standout is the fact that it is supported by the very popular Nano S and Ledger Blue hardware wallets. This is an enviable position for NIX to be in, considering how few coins these wallets support.

As well, NIX has promoted an innovative leasing consensus that allows peers to have their coins staked by third parties without compromising coin ownership. These features and the creation of the unique and fair ghostnodes reward distribution system — along with the delivery of mobile wallets that will soon integrate core wallet functionalities — make NIX the project to watch in the privacy coin space.

Charlie believes that NIX will see growing popularity as investors in the crypto market and those who desire a strongly decentralized and private coin watch the NIX team continue to build this promising project.