Frequently Asked Questions
Everything you need to know about Nexspecto in one place.
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We're here to help with any questions you have!
Can't locate the answers you need?
We're here to help with any questions you have!
ROSCA (Rotating Savings and Credit Association) is a traditional financial model where groups of
people contribute money regularly, and members take turns receiving the pooled funds.
ContriFi (Contribution Finance) is a new category of Decentralized Finance (DeFi) that brings the
thousand-year-old tradition of 'saving together' to Web3 and is formed by the integration of a
decentralized ROSCA with blockchain.
Nexspecto is the creator of the ContriFi category, which combines the time-tested collective savings
(ROSCA) model with the reliable and transparent structure of blockchain. With founders who have a
proven track record of success in the traditional sector (100,000+ users, $150M+ managed capital),
it offers you 24/7 uninterrupted, low-cost financial access.
On ContriFi, users join a pool that suits them, make regular contributions, and access financing
transparently in exchange for the specified collaterals (or swap).
No, you won't suffer losses. If a payment is not made, payments are collected from the collateral
left by the relevant user or from the swap financing. No, you will not suffer any loss. In the event
of non-payment, payments are taken from the collateral left by the relevant user or from the swapped
financing.
Yes, it is possible to leave at any point in the Nexspecto process. However, in the event of
withdrawal, a 3% penalty deduction is applied and the platform fee is not refunded.
Yes, you can transfer your pool rights to another wallet or user through the NFT marketplace
feature.
Collateral is required for the collateral path. However, you can also choose the swap option without
collateral, where you directly swap your financing into BTC, ETH, or PAXG.
Collateral is required to secure the financing of other members in the pool and ensure the
sustainability of the group. It protects all participants from potential defaults.
Financing can be used for any purpose you need - personal expenses, investments, business needs, or
any other financial goal you have.
You can pay your installments using USDT or USDC tokens.
You can receive your funding in USDT, or through the swap option, you can receive it in BTC, ETH, or
PAXG.
Information about Nexspecto's native token will be announced in the future. Stay tuned for updates.