It can be argued that more than 70% of the crypto projects currently in existence came to being through ICOs and other forms of token sale in order to raise the amount of funds required to drive the project forward. Well, that's equally the right thing to do if you ask me, but the downside of this is that these kind of projects often place more focus on the funds raised or to be raised, thereby shifting their focus from the main goal of the project.
This is why it's imperative to give some degree of acknowledgement to rare projects like Veil who were able to penetrate the market with their own funds without seeking for funds through any of the conventional fund raising process (ICOs, IEOs and IAOs). Veil is an emerging cryptocurrency project that focuses on coin privacy, keeping transactions of its users secured and anonymous.
Veil
The platform was built consolidating on the zerocoin platform protocol, veil aims to create a platform that will be of great advantage to holders of large amount of cryptocurrencies in the sense that no matter how often they transact, their transactions will remain anonymous and will not be visible to mischievous third parties. Seeing as the activities of users have been on the rise lately in the space, it becomes imperative that users try as much as possible to keep their transactions anonymous.
Using the zerocoin protocol, transactions of users are kept private, along with many other features that are not readily available on other platforms. This also makes the personal information of users, like debit and credit card details to be maximally secured while using the platform.
Alluring features of veil
The main backbone of the veil platform is the veil coin. It's referred to as a coin and not a token because the platform never did any form of sale in private nor public. And regardless of the amount of funds raised by other platforms, they still haven't been able to achieve half of what veil has been able to achieve. Even though the coin wasn't sold before launch, it is still available on numerous exchanges with good volumes at the moment, the good thing about the veil coin is that users will be able to trade it directly against FIAT, which is a very good one for investors.
At convenience, users can stake their tokens and get more of their tokens by staking, you will agree with me that this is a good way of getting more of the coins without even mining it. The wallet will serve a number of other purposes as well aside providing a high level of security to the coins it houses.
Veil also has a software that enables mining, with the said wallet users will be able to mine extra coins once all the tool required are properly set up. The software is available on playstore and is compactible on quite a number of devices.
Conclusion
As a privacy coin with extra features, it means every issues arising from lack of security will be well handled on this platform, especially for users that transact hugely and try as much as possible to keep their transactions anonymous, the veil platform is the right place for such.
Click on the links below for more info:
Website: https://veil-project.com
BitcoinTalk Ann Thread: https://bitcointalk.org/index.php?topic=5065331
GitHub: https://github.com/Veil-Project
Discord: https://discord.veil-project.com or https://discord.gg//Ywyb9hs
Telegram Group: https://t.me/VEILProject
Reddit: https://www.reddit.com/r/Veil
Twitter: https://twitter.com/projectveil
Facebook: https://www.facebook.com/projectveil
Authored by kafanchanchan
Bitcointalk Profile url: https://bitcointalk.org/index.php?action=profile;u=2433135;sa=summary
Veil Address:
bv1qf8sjvzrk75akmcwp58xynp3lz2sgfduv4ruvd3