INTRODUCTION
The numerous circulations of cryptocurrencies have caused the rise in the demand of decentralized exchange platforms in the crypto community. Example of existing exchange platforms are Binance, Bittrex, Ethfinex, Coinbene, Binance, Idex, Idax etc. However, this huge demand has been met by the development of several exchange platforms that are quite cumbersome for the average cryptopreneur to conduct his/her trading activities on. Most of these existing exchange platforms make it quite difficult for novice traders. The features of existing exchange platforms are not well defined to direct users during trading and also some also have a complex user interface that pose as a challenge when trading on such platforms. Also, some exchange platforms have a cumbersome sign up process which takes days or even weeks to evaluate the details of registered members before they can start their trading activities.
Furthermore, the security features of some exchange platforms are not very well secured to prevent hackers from gaining access to the accounts of members. About some months ago, Coinrail was hacked about $400,000 US worth of tokens and they have not been able to track the funds that was stolen from their exchange. These are the issues that scares most people away from crypto investments even though it is far more profitable than bank investment.
Well those days of fear and insecurity on exchange platforms is about to be eradicated from the crpytospace with the development of Akasic Network.
THE SOLUTION AKASIC NETWORK OFFERS TO THE CRYPTO COMMUNITY
Just as the name goes the Akasic Network is a solution which comprises different individual solutions to the cryptospace. These solutions are the features or better still the individual components of the Akasic Network and they are described as follows:
The AkaTrade
Trading in cryptocurrencies have become the order of the day in the crypto community since most cryptopreneurs use that to earn daily income. The AkaTrade is an exchange platform that has been specially designed based on the average crypto trader experience. This exchange platform was designed to serve even the newly welcomed novice in crypto trading and it comes along with some special tools that will help traders in their activities.
First of all, traders would have a wide range of trading pairs to do in any cryptocurrency they want to trade with the popular pairs of BTC/ETH/USDT. All these are to allow traders have an ease when it comes to using different cryptocurrencies to conduct trade other than the rigid pairs of only BTC and ETH that you see on most exchange platforms. Trading on AkaTrade gets very interesting with other tools that enables users to personalize their trading histories by removing the trades of other cryptocurrency pairs and also having the opportunity to receive trade alerts through sms and emails. Staying with your portfolio always sometimes becomes quite difficult when you have to attend to other issues of life but that does not mean that you should miss certain big sales chances when it comes your way. This sms or email alert system would help traders in prompting them for in order to conduct their trades and earn most income out of it. Trading in the crypto community is going to have a whole new experience with AkasTrade.
The AkaPlay
This is another amazing feature that the Akasic Team has inculcated into the Akasic Network. The AkaPlay will serve as a platform where games would be hosted for members to play. Game developers would have the opportunity to submit their games to be reviewed and when accepted members can play it whiles the developers also earn some funds. This feature is one in this time because this would improve the interactiveness on the Akasic Network as people become more and more close even from a very far distance through the playing of games.
The AkaMess
The crypto community is growing at an exponential rate with new members joining almost everyday who face several challenges with issues relating activities in the crypto community. With this in mind, the Akasic Team has designed a special social platform which would offer help to such members in the crypto community. This social platform would be full of experienced traders in the community and other crypto enthusiasts who would offer help to such novice traders.
The spread of FUD is also another setback in the crypto community and this sometimes generates a whole lot of uncertainty within the crypto community. The AkaMess would also offer its members information from credible sources to better inform them about current trends within the crypto community.
The Work of Akabot
Products of Artificial intelligence are some tools that we cannot do away with in this very day and age because of their immense contribution to our lives. The Akabot would serve a very key function in the trading activities of both novice traders and experienced ones through its three phases of development. Initially, it would serve to give trade alerts to members who have enabled it and with time it would tend to predict sell orders for certain cryptocurrencies within the portfolio of members.
However, the Akabot in my view can also serve to function in situation where it can automatically purchase certain amount of cryptocurrencies based on the particular user’s price alert. Cryptopreneurs set price alerts because they may want to buy or sell at that particular point in time but we all can testify that sometimes we do miss these price alerts. To avoid this, I think it would be quite beneficial if the Akabot can be programmed or given a command to either sell or purchase a substantial amount the exact cryptocurrency upon whose alert it sent to the user. I believe adding this feature to the Akabot would go a long way to increase its effectiveness in assisting traders in the activities.
Spending Cryptocurrencies through AkayPay, AkaStore and AkaCard
The main reason behind the creating of cryptocurrencies as pioneered by Satoshi Nakamoto was to create a digital payment method which would be faster, secured and reduce the cost of transactions that traders have to incur when conducting trades. This dream has long not been fulfilled as most online platforms don’t make it suitable to use cryptocurrencies to make payments during trading and this makes cryptopreneurs convert their funds to fiat currency in order to make purchases. This also increases their cost of transaction through the several exchange fees that they have to bear. AkaPay saves the situation by providing traders the opportunity to make payments through the AkaPoints which they have to purchase. The amazing thing about this mode of payment is that, users can convert their funds back to their specific cryptocurrencies.
The Akasic Network also provides its members a marketplace called the AkaStore which would serve as a listing place for different items. Users can list their items of trade on the store and other interested users can purchase these items as and when they want. The AkaStore has been designed in two folds that is the fixed and moving store with the latter serving to deliver goods purchased to the doorstep of buyers.
The Support of the Akasic Community
Several ICOs have seen their success through the cumulative promotional work of some bounty hunters bitcointalk forum. The Akasic Network will also serve as a platform where other projects would be promoted through content creation, building the project’s community through referral system etc. Also, members would be rewarded by inviting investors on board.
The Akasic Network is a complete solution which is being offered to the crypto community with several packages, please refer to the whitepaper for more information.
TOKEN DETAILS
ROADMAP
TEAM MEMBERS
The Akasic Network Project is being supported by a group of experienced individuals who have in-depth knowledge in their various fields of discipline. Their commitment to this project was seen in the completion of their ICO and with the same commitment they are willing to release all the features and components of the Akasic Network for the effective trading of cryptopreneurs.
CONCLUSION
The Akasic Network comprises the decentralized AkaTrade which offers the very best of trading experience to cryptopreneurs. In addition, it also has the AkaStore, AkaCard and AkaPay which all help crypto enthusiasts to purchase items using cryptocurrencies instead of converting to fiat currency which further compounds to the cost of transaction. Please refer to the whitepaper for additional information about the Akasic Network.
Connect with the team on the following contact lines:
Website: https://masternet.io/
Masternet Whitepaper: https://drive.google.com/file/d/1YM4ytVLkdApbTufSVOqUe1O9GK9rwDYl/view
Akasic Whitepaper: https://drive.google.com/file/d/18tV_4vq0C7-8IFbpLLthQvWCtZD1pWIl/view
Telegram: https://t.me/MasternetMASH
Facebook: https://www.facebook.com/masternetproject/
Twitter: http://twitter.com/masternetmash
Medium: https://medium.com/masternet
Bitcointalk thread: https://bitcointalk.org/index.php?topic=5010706.0
Author
Bitcointalk username: Aponkye1
My bitcointalk profile link is https://bitcointalk.org/index.php?action=profile;u=2216761