INTRODUCTION
In this 21st century, technology and cryptocurrency have become the order of the day, it is no longer news that it has taken over the ecosystem. The advent of cryptocurrencies in Bitcoin (BTC), Ethereum (ETH), Waves among others, have made it possible to create, build
and stock up wealth. Every great invention definitely will have good prospects and setbacks.
Some of the sumptuous sides of cryptocurrency include: avoid governments, borders,
middlemen, extra transaction costs. As well as have high security and avoid forgery.
THE CHALLENGE/PROBLEM
It will be safer to acknowledge that the advent of cryptocurrency sure comes with lots of challenges that are too numerous to mention but I'll mention a few. However, Sign up and Deposit is a major problem of most exchanges. The process of getting registered on an exchange can take eternity. Some will even claim to have sent you a confirmation mail and
you may have to wait for up to a day to get that. Some even go as far as verifying both mail and mobile number and trust me, one of the two if not both will suffer a setback. You may receive the mail while the phone validation will take forever. Even after registering, another
challenge awaits in the place of depositing funds on the so called exchange. The process can take as long as possible. They will tell you that your deposit must reach a particular number
of confirmation before it will reflect on your profile. Now to think of it, cryptocurrency is all about volatility. The price of the token which one wants to secure or sell might have risen(mooned) or fallen(dumped). This is not palatable to any member of the ecosystem in any way.
Another problem which exchange and platform faces is the Poorly Designed U.I's
This has to do with poorly developed menu page in which the menu page is filled with lots of icons that you do not even know how to use the website. On seeing the U.I of the exchange, you get even more confused and by the time you press, one, two buttons, you'll realise you've clicked on the sign out button and you will have to start afresh entering your details again, validating your google authenticator code all over and verifying that you're not a robot. This is also disgusting to the community.
To mention just a few, another challenge is the poor customer service and feedback
mechanism. Every business in real life knows it has to attend to the needs of its customers.
This is not so about lots of exchanges. You send them a message and end up waiting for the rest of your life for their response. This is not okay and it doesn't promote the exchange well.
Another challenge is in the area of Security and Lack of transparency. Many exchanges get hacked from time to time and the funds of all their customers just get swooped by some God-forsaken hackers. This factor alone causes downward trend and lead to the destruction of such platform.
THE SOLUTION
Introducing VEIL
This project is known to be conceived by an expertise in crytpocurrency, who has successful led many cryptocurrency projects with holding track record.
VEIL provides a self-sustainability platform where users can self fund into the ongoing financial operations, marketing in the world of cryptocurrency.
For the development and speedy growth of crytpocurrency, VEIL covers research both in cryptography and blockchain development.
Some of the ways through which VEIL will alleviate the problems of the ecosystem include:
Easy Sign Up and Deposit: This platform understands the challenge of the community and hopes to provide an exchange where sign up will be made easy and deposits will be without constraint or delay.
On the issue of customer care services, VEIL will have a well equipped personnel to take the baton and attend to all the community's concern and issues.
On the issue of security, VEIL will ensure the funds of its customers is secured
through its finely defined means. VEIL is high secure and the funds of its customers
are in safe hands. VEIL will also plays a critical role in attaining and sustaining the market leading privacy focused cryptocurrency and also giving out prompt technical updates.
TOKEN INFORMATION
Token Name: Veil
Token Symbol:
Token Type: ERC20
Total Supply:
IMPORTANT LINKS
WEBSITE: https://veil-project.com
DISCORD: https://discordapp.com/invite/Ywyb9hs
BITCOINTALK LINK: https://bitcointalk.org/index.php?topic=5125073.0
REDDIT LINK: https://www.reddit.com/r/Veil/
TWITTER LINK: https://twitter.com/projectveil
WRITERS DETAILS:
WRITERS BITCOINTALK PROFILE LINK:
https://bitcointalk.org/index.php?action=profile;u=2264316;sa=summary
WRITERS BITCOINTALK USERNAME: adebanjomovie8
WRITERS' TELEGRAM USERNAME: @PerceivalD
Writers Name: Whitfield