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NairaX Or NIRX as the ticker is a daughter subsidiary of NIRX BLOCK PAYMENT SYSTEMS registered in Nigeria (RC2903759). We at NBPS (NIRX BLOCK PAYMENT SYSTEMS) deployed NIRX as the first African pegged to the Nigerian Naira Fiat on 1:1 but with allowable tendencies which permit NIRX to surge in price with demand. Our ecosystem leverages on blockchain to decentralise payment solutions powered by NIRX to generate organic cross-interactions between millions of entrepreneurs within our ecommerce platform (market.nirxblock.com). In a summary: NIRX is the operational currency on our MVP ecommerce platform which utilizes the asset for payments in the exchange of goods and services. For three (3) years now, NIRX has been maintained by triennial buybacks along with the organic utility usually generated within our e-commerce (crypto-commerce) platform.