Hi crypto enthusiasts!
It's been a wild year since the short-term astronomical boom and prolonged bust of the crypto sphere. In hindsight much of this cycle was driven by excitement, FOMO and probably some market manipulation. But also led to a flurry of projects, ICOs and a lot of disappointment when most of which never delivered on their promises due to lack of direction resources and community support.
Solaris is project I wrote an article on several months ago, where I basically reviewed the project as objectively as possible. Now that the desolation of the market is settling it is one of the few projects I think low-cap investors might want to consider. I've followed the community and progress of the project for many months and can confidently say that the team are on track to deliver their next phase of the project that will be a game-changer for the community if it succeeds. This is why I believe the current market capitalisation of ~$3,800,000 USD is very low and a good time for those wanting to invest in a project.
TXBIT.IO
TxBit.io is a project that is being funded and developed by some of the Solaris team. This is to say that TXbit would probably not exist without Solaris community. The developers of the initial solaris project were disgusted by the exorbitant fees that are being charged by some of the larger exchanges and I believe this may have been the adversity that motivated the development of the exchange. TxBit.io plans to do away with high listing and trading fees for other projects and there is a focus on iron clad security so that your funds are always safe.
Because of this fundamental relationship between the two projects, Solaris users will be rewarded once TxBit.io is up and running. There are plans to give 50% of the total trading fees generated to those staking Solaris in their wallets as well as those who set up master nodes. Additionally, there will be more ways to buy/sell XLR with market pairings with many other coins. This will more than likely lead to increase demand for XLR which will increase the demand and the price of this asset.
Progress
The TxBit.io change has been in development for ~ 6 months. There have been frequent updates on the Solaris Medium and Twitter accounts. There's now a page to sign up for the Beta program which will be up and running in ~2 weeks.
Those who are even remotely interested should sign up for the beta and experience the platform for themselves as this is an opportunity you shouldn't miss. Price is likely to rise leading into the planned full release date in mid-December.
Happy Investing!
