Cryptocurrencies disrupted the global systems of transactions with their mantra for a decentralized approach to transactions. It was a move that paid off because we’re now using many of these crypto coins in both the digital and the real-world scenarios where they’re applicable. Such is the massive strides recorded by the currencies that the numbers of available cryptocurrencies have skyrocketed to over 2,000, and many more are still about to join the space.
In light of these increments, one may be propelled to assert that the values of cryptocurrencies that run into billions of Dollars tally with the success of the coins. On the contrary, such hasn’t been the case for long, and that is why SORAIX is here to restore the digital assets to the path of glory.
THE MARKET CHALLENGE
As the founders of the project (SORAIX) opined, the decrease in the fortunes of cryptocurrencies is not unconnected to the proliferation of Initial Coin Offering (ICO) projects that are there to profit from the market instead of contributing to the growth. Worthy of note is that the ICO framework had empowered many projects (most of which have frivolous offers) to ride on the backs of decentralization and security to make their in-roads into the crypto-sphere.
More so, the cryptocurrency community is faced with the challenge of losing their investments, especially those that invest in platforms or projects that are resident that are resident in offshore jurisdictions where limited security coverage is offered.
HOW CAN SORAIX FIX THE PROBLEMS?
SORAIX has many features it uses to restore cryptocurrencies to the path of glory. One of the most outstanding is the issuance of the Equity Tokens, which is an equivalent of the fiat shares. It implies that investors that purchase the token are confident of facing fewer risks regarding the loss of funds. Also, the token is permissible on and would be traded on the SORAIX Switzerland-based digital exchange platform.
REINVENTING THE ICOS
There’s no denying that many crypto coins that are popular today joined the space through the Initial Coin Offerings (ICOs) phases that also served as the period of raising funds. Because of the limited regulations of the projects, such ICOs later helped in bringing forth crypto coins and projects that are either scam or have little or nothing to offer to the broader community of cryptocurrency enthusiasts and users.
In that regard, SORAIX took up the challenge to make the efficient once more. It does that through the development of a built-in Equity Token Offering (ETO), which allows shortlisted projects to raise funds and use the same transparently.
WHY SHOULD I USE SORAIX?
You may be wondering about the importance of using the SORAIX platform. The benefits are many, but some of them would be highlighted. First, the issuance of Equity Tokens is a welcome development because the tokens are interoperable with many assets. For instance, you can trade them alongside fiat currencies, other cryptocurrencies, and even other Equity Tokens.
Second and most important, the strict regulation of the token issuance process via the dedicated Equity Token Offering (ETO) platform ensures that the projects willing to embark on such must be screened and found worthy before getting the go-ahead.
FINAL WORDS
The launch of the SORAIX platform couldn’t have come at a better time. For the first time in the history of cryptocurrencies, investors can now purchase their favourite coins as they launch without having fears of being scammed or ripped off. Besides, if you're looking to invest in a crypto coin that wouldn't fluctuate as much as the others do, then investing in the Equity Tokens from SORAIX is the perfect way to start.
USEFUL LINKS
Website: https://soraix.com/
Whitepaper: https://soraix.com/static/whitepaper.pdf
Telegram: https://t.me/soraixico
Twitter: https://twitter.com/Soraix3
Facebook: https://www.facebook.com/soraixteam/
AUTHOR'S DETAILS
Bitcointalk Username: Ifychuks
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2397927