SpotCoin: The Crossover of Digital Assets Management and Financial Marketing
With recent technological advancements, most of our traditional activities are being integrated with blockchain technology in order to either simplify it or add more features to it that can benefit us in the long run. Some of this activities include storage, real investment, medicine, marketing and others. The most fascinating part of the blockchain technology is the cryptocurrency which will someday replace paper money. Paper money also known as fiat has been the earliest acceptable form of exchange in the world but digital money has shown that it can replace it in the nearest future.
Some of the differences between digital money and traditional money include
There is user anonymity in cryptocurrency where banks and government cannot track your activities as you use your debit card.
You have a constant and free access to your accounts as they cannot be frozen as they cannot be regulated by the government.
There is less instance of fraud as traditional money can be counterfeited
There is a little or no transaction fees in cryptocurrency than that of banks and financial institutions that charge a high fee
It can be utilised and accessed by anyone, even a user with no collateral can open a bitcoin wallet.
Personally I believe that cryptocurrency has a very great prospects and can grow to be the leading exchange system of the world as its decentralised and powered by the Blockchain.
SpotCoin: The Bridge between Digital Asset Ecosystem and the legacy Financial Market.
SpotCoin was founded to catch up with the high demand of a fast digital to fiat currency trading with the use of its over-the-counter marketplace. It offers users an efficient, fast and a cheaper alternative when users are trying to attain liquidity between fiat currencies and Digital assets. It's powered by a NEO blockchain token platform that is perfectly suited for spotcoin to function well.
Their goal is to develop a full option interface that can provide access to digital asset market, over the counter trading, mining and payments thereby making the user experience a simple one.
Over the Counter Marketplace
This is an automated marketplace and it functions to provide digital to fiat currency trading services to clients all over the world.
SpotCoin Digital Exchange
This is a cryptocurrency exchange as it has a very simplified interface, and it provides global and regional fiat currency trading pairs with four main digital currencies which include GAS, BTC, ETH, and SIB.
Mining
SpotCoin has developed an eco-friendly multi million facility in partnership with Georgian Mining Company that have a capacity of 2,250 GPU miners which can be added on client request to a capacity of 9,000
SpotPay
SpotCoin offers a payment solution with the development of a secure payment widget, an API and a app based digital wallets that can give customers a cheap, efficient, fast and secure points of transactions.
Black Sea Blockchain Initiative
SpotCoin will be establishing the Black Sea Blockchain Initiative to keep the region updated in the activities of blockchain and it has three main goals; Education, Research and Innovation.
The SpotCoin Tokens and ICO
The SpotCoin tokens were developed on the NEO NEP-5 blockchain system and there is a maximum of 99,000,000 SPOT tokens, in which 66.7% (66,000,000) will be sold to. Investors while 33,3% (33,000,000) will be kept for the team and spotcoin treasury. The Pre-ICO starts on June 12, 2018 18:00 GMT and ends on June 14, 2018 18:00 GMT. The SPOT tokens are sold at $0.50 USD for the ICO and the rest unsold tokens will be burnt upon the completion of the ICO. The following forms of payment is accepted during the ico and they include ETH, BTC, GAS, NEO, SIB, USD, and EUR.
We should also know that this SPOT token is a dividend token which means that a SPOT token holder is entitled to a weekly dividend of 51% of the total trading fees gotten from the spotcoin digital exchange and also another quarterly dividend of 12% of the total profit gotten from OTC, mining and Spotpay payments.
To find out more about this great project, check out the links below:
Website: https://www.spotcoin.com
Whitepaper: https://www.spotcoin.com/whitepaper.pdf
Telegram: https://t.me/spotcointeam
Twitter: https://twitter.com/therealspotcoin
Writer: hamzeto
Email: [email protected]
Telegram: @zeeyto
Great Article! In my opinion Spotcoin is "the one" to watch in 2018.
This has really a lot of potential. Starting in the great Team, going through the NEO community and user rewards/dividends, to finish with the FIAT gateway.
This is a game changer, this could bring cryptocurrencies to the ordinary people. No more coinbase, this is the gateway to crypto for everyone!
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STOPThe #spotcoin project deserves great investment from investors, as it combines a useful product and new technologies in a very cool way! Join now: https://www.spotcoin.com
Telegram : https://t.me/spotcointeam