INTRODUCTION
Since the beginning of the last decade, blockchain technology and especially the world of cryptocurrencies has taken over the world of technology by storm. Bitcoin, ethereum and the other popular cryptocurrencies have made this very possible. The popularity of cryptocurrencies is always growing by the day and many people are also coming into the world of cryptocurrencies as the day goes by. There is clear evidence that cryptocurrencies like Bitcoin and Ethereum has attracted many people around the world to appreciate cryptocurrencies.
Online services and the internet has really helped with the modern trends of technology. With modern technology, many digital assets especially cryptocurrencies have been projected as very important to most cryptocurrency enthusiasts since popular ones like bitcoin and ethereum are the backbone of digital assets in the world. Talking about bitcoin, it has obviously made many people to appreciate cryptocurrencies as strong force when it comes to finances. Through the vision and mission on which bitcoin was introduced, many projects have been created on blockchain technology for people to have financial freedom in their daily activities. Recently I came across an interesting project known as SmartFund.
Thanks to blockchain technology and modern trends in technology, many projects keeps coming up to provide solutions to challenges affecting humanity. SmartFund is one of such platforms that looks promising to cause a revolution in the world of cryptocurrencies by providing realistic solutions to the challenges affecting most cryptocurrency enthusiasts.
THE INITIATIVE
Basically, this project is about a smart way of investing in a whole ecosystem that is made up of a Smart Fund (a number of smart contracts and tokens that runs on the ethereum blockchain network) and a number of decentralized applications (DAPP) projects. Based on the basis of blockchain technology that is total decentralization, a transparent system is put in place that allows the selection of the best DAPP projects with clear profit model in Ethereum to invest in with real-time dividends. Through this amazing model, investors can be rest assured that their funds continue to grow with profit since every detail is transparent to all.
Over the years, the ethereum blockchain network has proven to be one of the most reliable and stable when it comes to blockchain network. In order to protect the funds of investors, the team behind SmartFund would target DAPPS based on the ethereum blockchain network for investment purposes so as to limit loss of funds. To make it simple and transparent, there are clear profit model where investment would be targeted at. For instance, when it comes to investing in decentralized exchanges, profits would be dependent on transaction fees. Likewise when it comes to mining pools, profits on investment would be derived from transaction fees. With dice and other gaming DAPPs, profits would be generated from probable basis. From the official whitepaper of the project, there are several other instances where this clear profit model can be applied effectively through blockchain technology.
Through these profit making pathways, dividends are easily paid to all investors as the projects that invest in, generates revenue. As soon as revenue are received from these projects, the smart contract transfers the funds to the $mart fund, and the $mart fund intend distributes it to the $FD holders in a transparent and accurate manner. Amazingly, the funds received by $FD holders can be either be circulated and staked or transferred or traded on exchanges for other digital assets.
CONCLUSION
I believe the concept behind the smart investment ecosystem is very transparent and comprehensive. I encourage everyone to read more on this project from their official links which are provided below this article to be well informed.
For more details on the project visit the links below;
WEBSITE
TWITTER
MEDIUM
TELEGRAM
PROOF OF AUTHORSHIP
Bitcointalk Username: Auntyjmary
ETH ADDRESS: 0xBFe45a0A51bb807b04edf8b53179E9b80FB38a3f