NXT is the digital currency that acts as the fuel for the Nxt ecosystem.

In addition to it being used as a transaction fee when transferring NXT from one user to another, it is also used to create assets that can represent things like bonds or ownership of a project, create a decentralized poll on the blockchain, or storing arbitrary data on the blockchain.

Of course, it can also be used as an external currency, in the same way that you can spend Bitcoins or dollars to buy goods and services.

Here are some of the decentralized features of Nxt:

• Assets and Asset Exchange
• Monetary System
• Marketplace
• Messaging
• Voting
• Account Control
• Coin Shuffling
• Data Cloud
• Alias System
• Other Features