The leading Brazilian digital bank, Nubank, plans to release its own token ‘Nu coin’ next year in Brazil, Colombia and Mexico. Nubank is launching its own coin and a complete financial ecosystem with Polygon SUPERNETS.
The tokens will be available for Nubank’s 70 million users in the first half of 2023 to be distributed freely and used to offer discounts and perks.
Prior to the launch Nubank also plans to select 2,000 users to test the token feature and give feedback, with the purpose of decentralizing the product creation process.
Fernando Czapski, general manager for Nucoin at Nubank said, “We are opening a door to the future, Nucoin is a new way to recognize customer loyalty and encourage engagement with Nubank products.”
Czapski also said that ”the project is another step ahead in our belief in the transformative potential of blockchain technology and to democratize it even more, going beyond the purchase, sale and maintenance of cryptocurrencies in the Nu app.”
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