Understanding the value and the role that the community has in the crypto industry
The crypto market has gained more and more momentum over the last year - however, it's not the market cap that drives this evolution, but the engagement of the community that is being built around this bold industry. What are the next steps and how can this market prove to be more secure, more trustworthy and more appealing even to its newest members? Find out in today’s article.
Discover Bitdepository - one of the world’s first ICO founding community, incorporating a unique integrated exchange&payment platform, backed by blockchain and Salesforce.
By joining Bitdepository, you get access to a series of unique tools and features:
- A modern ICO investment platform - An excellent mechanism to launch your startup (blockchain or crypto related), directly on the Bitdepository platform; this enables quick access to the funds of the community that is being built here
- Solutions against token thefts, scams and wrong decisions - Thorough checks and verifications of all ICOs that are registered on this network. This is done through a voting process, executed as an informal survey that enables the entire Bitdepository community (as individuals) to vote for or against a project that is submitted here. Being blockchain based, the platform runs the voting process through separate smart contracts, for every one of the Bitdepository investors. Getting into more details will reveal that this process evaluates the number of participants, users and community users who opted for positive or negative votes. These answers will be calculated as points; each of the obtained scores is based on the users’ investment returns, experience and reputation.
When implementing this process, every company that promotes its project within Bitdepository must send out tokens to the platform’s members that voted for or against the proposal, thus encouraging future engagements. The users then receive the tokens directly into the wallet placed in the Bitdepository app. Through this mechanism, the user has the guarantee that he will be a customer of the respective ICO when the project is listed. However, the good news doesn’t end here - whenever users choose to share the respective project on social media channels, they get rewarded with more tokens:
- A revolutionary exchange and payments component
- Through the same app, users can enjoy a series of benefits
- Crypto trading
- Exchange platform
- Wallet
- Stock exchange market access
By using a complex multi-wallet, members can keep their tokens in a secure, accessible and friendly multi-asset wallet. Here users are enabled to exchange cryptocurrencies (for the moment Ethereum, Bitcoin, Litecoin, Dash and Zcash are supported). Coins can be safely stored in the wallet, for an unlimited time, or can be transferred to other portfolios or even be used for ICO investing.
In the Bitdepository mobile app, users gain access to the list of ICOs that we earlier mentioned - startups that have been checked and approved. This multi wallet is ready to be released in mid-November of 2018.
By focusing to this extent on the user's experiences, their needs and the effort/time they invest in this platform, Bitdepository might easily obtain the results they aimed for. As we see most of the times, it's the community’ engagement and size that gives a particular project the degree of trust and power that it needs. And on this case, creating a perfect environment where the wallet and exchange components are paired with the involvement and funding of the community might be the best approach.
To learn more about this platform, its own ICO and the premium app features that it has in store for its users, go now to https://bitdepositary.io/.