Nesopay is introducing Nomad Election Sovereign Dollar (NESO), the world’s first sovereign backed digital currency (SBDC).

NESO consists of five weighted sovereign currencies: USD, EURO, GBP, SGD, and JPY. Those are the counties where most of the world’s digital nomads live and work.

The weights of each sovereign currency consisting of NESO are:

NESO is legal, stable, anonymous, decentralized, and freely exchangeable. It offers the legitimacy and liquidity of sovereign currency, while avoids the pitfalls of crypto currencies and the bureaucracies of central bank control.

Legal. NESO is a weighted average of sovereign currencies and therefore as legal as the underlying fiat currencies. NESO is not a crypto currency and is not mined.

Stable. NESO’s weighted average construct insures its stability, making it the most stable digital currency.

Anonymous. NESO transactions are encrypted using strong AES-256 algorithm to ensure safety and anonymity.

Decentralized. NESO is not issued or managed by any central bank.

Exchangeable. NESO can be exchanged with all fiat currencies.

Nesopay is the digital currency and payment app for the world’s digital nomads,estimated to grow to 60 million by 2030.

Built by digital nomads and for digital nomads, Nesopay offers NESO (Nomad Electronic Sovereign Dollar) and Nesopay Link that help digital nomads easily and securely charge for the digital contents and services they create and provide, pay employees, pay out to vendors and suppliers, and most importantly, get paid by the customers, often across national borders and in different currencies.

Nesopay Link is the simplest no-code payment mechanism for a variety of payment scenarios for digital nomads and their companies, such as:

Selling Digital Contents: files, musics, videos.

Charging for Digital Services: design, marketing, consulting, coaching, and classes.

Business Payments: payment to employees, contractor, consultants, and vendors.

Fund Transfer: transfer funds legally and anonymously.

Events: event registration and ticketing.

Membership: membership fees.

Sponsorship: sponsorship fee for events or other activities.

Funded Project: funded project calling for participation.

Crowd Funding: call for funding for great ideas.

Auction: online and mobile auctions.

Donation: donations for charitable or other causes.

Nesopay Link can be easily embedded into Email, WebSite, WhatsApp, Telegram, and Signal,making it universally adaptable for both mobile and web applications.

For pay-in, Nesopay supports the world’s most widely used payment options, including:Visa, Mastercard, American Express, Alipay, WeChat Pay, Stripe, and Paypal. Nesopay will expands the integration to include other payment options world-wide.

Nesopay also supports bank wire (ACH for U.S. and SWIFT internationally).

For pay-out, Nesopay supports bank account, Paypal, and Stripe, SWIFT, and adding more.

Nesopay API is for merchants and third-party developers that would like to offer Nesopay as a pay-in option.