INTRODUCTION
The dream of every nation is to run a smart cashless policy, an environment where people where people run daily activities with electronic payment. Indeed, fiat currency poses threats to various nations which are alarming. With fiat currencies, exchange amongst local currencies become a barrier because fiat currencies are directly affected by "Inflation". Therefore, boosting one local currency to the other inflated currencies. Also Tracking cash is also too difficult therefore countries can't give a full information on how much is being circulated.
As cryptocurrency continues to make its ways into different schedules, it brings up two category of followers. First, the ones who believe cryptocurrency will be the future means of payment and those who sees it as an investment to attain quick returns in the form of fiat currency. With cryptocurrency comes numerous advantages like the elimination of middlemen transaction fees due to it peer-to-peer network, gives control over assets (decentralized) and also enable trustworthy transactions.
But with cryptocurrency still in it infancy, it still embody a lot of potholes. Lack of liquidity occurs due to limited bid of assets and also exchanging these digital assets to fiat currency is harder due to limitations on withdrawal and deposits. There is also no proper environment where these digital assets can be securely exchange to fiat. Furthermore, users who want to use these cryptocurrencies for daily activities finds it difficult due to lack point-of-sale facilities. Lastly, government regulations and lack of technical support hinders the proper mining of these cryptocurrencies. Surely these improvement won't fall from the sky but instead be developed by SPOTCOIN
HOW IT WORKS
SPOTCOIN is a smart economy that empowers it users with the right digital assets management toolkit in order to utilize digital asset to fit into their activities and needs. SPOTCOIN ecosystem empowers it users with over the counter marketplace (OTC) to safely exchange digital assets to different local currencies.
Spotcoin operates in an hydroelectric friendly environment that enables proper mining of cryptocurrencies, so that users will be able to make daily purchase from merchants at a current market price to further broaden the use of cryptocurrencies.
CHARACTERISTICS OF SPOTCOIN
- Over - the - counter marketplace (OTC): this is a forum in which spotcoin users seeking exchange services will be matched with trading individuals and communities to facilitate Fiat exchange at a cheaper and standardized rate. Spotcoin ensures a safe transaction environment by matching users demand with supply and also serve as an escrow service to assure trustworthy transactions.
- Digital Exchange: The spotcoin exchange is a user friendly interface that provides the perfect regional exchange solution that facilities users digital-to- regional fiat exchange. That way, spotcoin users always avoid the challenging inflation issues facing the fiat currencies exchange rate.
- Spotpay: Users of spotcoin will enjoy a unique treat as it point-of-sale (POS) function which enables users to run daily activities in major shopping cart platforms. Before any retail payment, a low cost transaction fee is well spelled out for review and upon conclusion of a deal, appropriate merchants receive instant payment in any currency of choice at a standard market price.
- Mining: The mining of spotcoin is done in Georgia, a country that encourages one out of every 5 Georgian university student to be directly involved in the blockchain technology or mining. This sort of encouragement promotes highly informed or trained personnel to perform the mining process efficiently. Georgia also provides a 100% reliable hydroelectric power supply since mining these coins consume a huge amount of energy.
- Black Sea Blockchain Institute (BSBI): The fact that spotcoin is always looking for room to improve alone has helped in initiating an institution orchestrated to educate and produce skilled expertise on the blockchain technology. Because our services to our customers is at the utmost importance, Spotcoin funds this institution to generate skill expertise in implementing innovative technological breakthroughs in the blockchain technology.
SPOTCOIN TOKEN SALES :
Available :MVP
12 June 2018 - 14 June 2018: Pre-sale Time
Pre-sale Price: 1SPOT =$0.40
Main sale Price: 1SPOT =$0.50
Platform: NEO
Accepted currencies: NEO, BTC, ETH, SIB, Fiat and Gas
Minimum investment: 50SPOT
Total Supply: 99million SPOT
Restricted countries: U.S.A, China and South Korea
Whitelist + KYC Whitelist/KYC:
Georgia: Country
TOKEN INFORMATION
SPOT- Ticker
NEO - Platform: NEP-5 -Token Type
66,000,000 SPOT - 67% - Available for sale
ROADMAP
MEET THE SPOTCOIN TEAM AND ADVISORS
For further enquiries and investment, kindly contact spotcoin through their official;
Website: https://www.spotcoin.com/
Telegram: https://t.me/spotcointeam
WhitePaper: https://www.spotcoin.com/whitepaper.pdf
Authors Details
Name: Elmichaels
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1862137