SPOTCOIN is the economic platform to bridge the gap between the legacy financial markets and the emerging digital currency system
Spotcoin are an over-the-counter clearing house that provides ease of movement between fiat and cryptocurrencies. They bridge the gap between the traditional banking sector and the emerging digital currency marketplace .With its rapid growth, they have expanded into a multi-faceted powerhouse engaged in mining operations, education in the Black Sea Region, and building a global digital exchange based in Georgia.They are focussed on making the financial institution of the future accessible for everyone and its now supported over 10 countries.
Spotcoin is streamlined fintec solutions for fast access to capital.As digital market has many broken barriers and limitations and spotcoin embraces the universality,putting the digital assets to work for everyone.Spotcoin provides reliable simple liquidity for the community.
And their motto and tagline is SIMPLE LIQUIDITY
The problem is that the digital currency landscape is fragmented and only a few exchanges handle fiat currencies with a stringent deposit and withdrawal limits creating hard and difficult in emerging markets.So the Spotcoin solution for all the cryptocurrency users is an extraordinary fast exchange designed from the ground up to directly address the problems of current and future digital financial systems.
The chasm between legacy financial
markets and new digital asset
ecosystems has grown as the market
exploded. Spotcoin was born to bridge
the gap.
—Andrew Thornhill
Spotcoin Co-Founder
Spotcoin was founded to meet the increasing demand for rapid digital to fiat currency trading with the launch of its over-the-counter marketplace. Due to spotcoin access to working capital and well supplied,diversified digital asset accounts, spotcoin were able to provide fast, effective solutions for their clients by delivering trades that were much closer to the spot price at transaction initiation and it provided users an cost efficient,cost effective alternative.
According to whitepaper spotcoin processed $1M per month in trades just two months after its November 2016 launch. And their proof of concept was affirmed as market demand increased. The company cleared over $5M in trades by the end of its second quarter in operation. Due to the overwhelming response, the founders recognized that the business required additional investment to grow our OTC business and expand their range of services. What began as an exquisitely simple way to handle the digital asset management needs of their colleagues and friends expanded the idea into much broader business. As we move forward toward 2020, pioneers like Spotcoin will reshape and further define the marketplace for digital assets and their effects on the global economy.
Neo platform was chosed by Spotcoin because NEO is an open source, non-profit, community-backed blockchain token platform that aims to create a distributed network “Smart Economy.” NEO is ideally suited to provide the platform that will best support Spotcoin’s vision for the future. NEO was specifically designed to address legal and regulatory requirements for both fungible and non-fungible digital assets. NEO also incorporates digital identities which makes its network, and any tokens built upon it, ideally suited for satisfying know your customer (KYC) and anti money laundering (AML) requirements.
NEO’s founders intend to work within existing legal and regulatory frameworks to bring real world assets to the blockchain. Spotcoin is excited about NEO’s vision and is directly allocating company resources to support NEO’s goal of 100,000 Transactions Per Second by 2020.
Token sale
Spotcoin private sale starts April 10th 2018 and public token sale starts May 1st 2018 to June 1st 2018.
Spotcoin is committing 16,000,000 SPOT tokens for the private sale.
Spotcoin's ICO will launch at $0.50 per token
Accepted forms of payment NEO / BTC / ETH / GAS / SIB / USD / EUR VISA/MASTERCARD
Total token supply(max): 99000000
Soft Cap : $5M
Hard Cap : $30M
Token use :Dividend Token
Unsold tokens : Burned
Public Tokens: 67%
Treasury: 19%
Spotcoin team : 8%
Marketing: 6%
Spotcoin is raising $30M through token sale and will begin distributing Spotcoin tokens (SPOT) by July 15, 2018. The total supply of SPOT is ninety-nine million tokens (99,000,000). All SPOT holders are entitled to dividends based upon transparent, equitable and audited results.
Conclution :
Spotcoin believes in order for our market to see mass adoption and need to educate businesses, the government and the public about the benefits of digital currencies. The team spotcoin believe the Black Sea Blockchain Institute is the solution to the current educational challenges clients see and enables to find new talent in the region.
I believe an intuitive UI backed by Spotcore (spotcoin trading engine) is essential in simplifying the complex processes associated with the fragmented marketplace. Spotcoin's UI and Spotcore enable it's Exchange, OTC, Mining and Payments lines of business to inter-operate with each other.
Why should we buy spot token?.According to me ,i will participate in Spotcoin ICO because it is offering highest dividend rates in the market to its customers i.e. 51% from exchange fees and an additional 12% quaterly dividend from company net profit.
And Spot token is issued upon NEO platform which will adhere to NEO's NEP 5 standard.NEO also incorporates digital identities which makes its network and any tokens built upon its platform an ideal solution for satisfying know your customer (KYC) and anti-money laundering (AML) requirements. NEO’s founders intend to work within existing legal and regulatory frameworks to bring real world assets to the blockchain.
Lastly spotcoin will be listed in three exchanges after ICO as mentioned by spotcoin team.
So guyz make your decision i am very much positive about whitepaper and hard working team behind it .You can directly contact spotcoin team in telegram and other means .
For more information and whitepaper visit the links below;
SOURCE
For more information visit the links below;
Website: https://spotcoin.com/
White Paper: https://www.spotcoin.com/whitepaper.pdf
Twitter: https://twitter.com/therealspotcoin
Facebook: https://www.facebook.com/spotcoin/
Reddit: https://www.reddit.com/r/Spotcoin/
Instagram: https://www.instagram.com/spotcoin/
YouTube: https://www.youtube.com/channel/UCpNwYXK1JMJpaRBKyYqqDIQ
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