What makes cryptocurrency rates to fly high?
BTC changed the situation in the world, started the blockchain revolution and become the most expensive crypto of all that had been existed yet. But why it was so expensive, why has it dropped down and how to find the stable crypto to invest? Today we are going to find the answers for all these questions.
To start off, you need to understand that market price of any cryptocurrency is created by the supply and demand. According to latest statistic reports, most of people, who own BTC describe it as investment option and have no idea how it could be used in other way. Some of them even think that they own some share, but this statement is as far from truth is possible.
When BTC price started to grow – many traders would like to buy it for selling with the higher price in the future. The higher the price the more people would like to buy BTC without any intense of using it in the way it was designed for. At that time supply was much lesser that demand, sot BTC hit $ 14 000 for one single coin. Then people get that is may be great business, started to buy farms and covered the demand. Moreover, in several months the supply was much bigger, so the price begin to fall.
Fortunately, Wisepass team is not going to make the same mistake. Supply of tokens is strictly limited, so the token rate will be only growing. In addition, Wisepass have simple and understandable operating field: they create lifestyle platform that is gonna cover all world. Not sure about that? We highly recommend you to check out the performance of their MVP – results are quite impressive.
PASS token as an investment option
Wisepass team have strict plan of development and expansion for the next ten year. In addition, they are glad to show you fully working product. Why do they need ICO? They want to expand their coverage, add some more innovative technologies to improve the performance and make international payments fast and transparent.
So why they do not want to attract venture investments? For the first look, it may seem pretty nice option, but if you do understand the economical part of such investment, you will get that some part of profits should be transferred to investors monthly or yearly. It means that team have to give part of the money that could be spend on development and integration of improvements. ICO offers completely different model, which allows to eliminate the need to give part of the budget, especially at the early stages of development.
Hold on, in such terms, what should cause the token rate growth? The need in PASS tokens. Business representatives may need them to promote their services within the platform, people may also buy it to get discount or to tap for Wisepass subscription. The more regions are covered the more need is. The more need is the higher the token rate. As simple as that.
Links:
🌐WebSite: http://ico.wisepass.co/
🌐Whitepaper: http://ico.wisepass.co/documents/WisePass_WhitePaper.pdf
🌐ANN Thread: https://bitcointalk.org/index.php?topic=4458873.0
🌐Facebook: https://www.facebook.com/wisepass/
🌐Twitter: https://twitter.com/wisepass_co
🌐Telegram: https://t.me/wisepass
Author: https://bitcointalk.org/index.php?action=profile;u=1334788
my telegram: @Oleg_kruasang