After all the noise, celebration and scepticism that has trailed bitcoin, ethereum and other cryptocurrencies, the world is fast moving towards accepting cryptocurrency as a medium of exchange. Unfortunately, the price volatility of these currencies still remain a source of concern to most people and does not make them true mediums of exchange and storage of value even though a very good but highly risky source for making extraordinary returns.
Against this backdrop, investors and crypto enthusiast are beginning to gravitate towards cryptocurrency that are asset backed, as against the regular ones traded on the exchanges which are mainly for specific projects. Of such new crypto investment is from Venezuela with a coin called "Petros".
Even though Venezuela is rich in lucrative resources like oil and gold, financial uncertainty has caused starvation and shortages of essentials such as medicine.
However, the country’s president, Nicolás Maduro, believes that putting these reserves into supporting its state-controlled digital currency is the way forward. This would also alleviate some of the stress associated with US-imposed sanctions as trading in virtual currencies would allow the country to circumvent these roadblocks.
According to Maduro, each Petro will be back by a barrel of the country’s precious oil, of which there are five billion barrels available. The president had this to say:
“I’ve ordered the issue of 100 million petros, based on national wealth. Each Petro will have the value of a barrel of Venezuela’s oil.”
In addition to the benefits of having a digital currency, the mining process regarding the Petro could be a valid employment option in the country. In fact, Maduro recently announced that over 860,000 citizens have registered to mine the state-controlled crypto. These miners will have their first meeting on the 14th of January. This is also the date that the currency’s white paper will be released.
Another cryptocurrency in the same category is the Pepcoin from the pep projects. The pep project operates a dualised currency system where you have " pepcoin" and "pepcash". It seeks to create a complete decentralized cryptocurrency and blockchain based ecosystem backed by real economic ventures and activities.
It's model is similar to the regular company shareholding where dividends payments are returns for shareholding. The pep coin represents a unit of equity in the ownership structure which earns and can be converted to "pepcash".
PEP Coin is your investment token, that drives the PEP Project eco-system. While You earn PEP Cash as dividend (the primary liquidity currency).
PEP Coin holders shall benefit from Profit Shared on PEP Eco-System, TRADING, STAKING and our Multi-Optional LENDING Program.
HOW YOU BENEFIT :
USE: Sell/Exchange your PEP Coin for PEP Cash and vice-versa and Use in the PEP Eco-System
TRADE: Trade Margin – Buy, hold and Sell at High Price
LENDING – Trading Bot: Lending to Automated Trading System (Earn up to 1.5% profit per day)
LENDING – Mining Farm: Lending to Mining Pool
STAKE to FEAST Project, thus earning even more PEP Cash
EARN from Eco-System of Portal: PEP Coin holder, will automatically be credited with PEP Cash monthly – as their share of profit from the PEP Eco-System.
Some of the digital ventures on the pep project include: peptribe (https://peptribe.info) which is a social media platform like facebook but pays users for their activities on the platform and coin holders too from revenue generated,. Marketxr (https://marketxr.net) provides a good global platform for vendors and customers to trade goods and services conveniently using pepcash. Chatonx is a messenger app similar to whatsapp but pays users for their activities as well. This app can be downloaded from Google Play Store.
The pepcoin is currently on sale for $0.02 per coin at ICO (initial coin offering) with a minimum investment of $100 using the waves wallet The Primary Wallet shall be the WAVES WALLET even though a private wallet is being deveoped; you can download the mobile wave wallet from Google Play Store and Apple Store, here:
ANDROID MOBILE APP
https://play.google.com/store/apps/details?id=com.wavesplatform.wallet
IOS MOBILE APP (Apple phone) The Primary Wallet shall be WAVES WALLET; you can download the mobile wave wallet from Google Play Store and Apple Store, here:
ANDROID MOBILE APP
https://play.google.com/store/apps/details?id=com.wavesplatform.wallet
IOS MOBILE APP (Apple phone)
https://itunes.apple.com/us/app/waves-wallet/id1233158971?mt=8
Note: In other to transfer PEP Coin and/or Use the Wave Decentralised Exchange, you will need to have some waves in your wallets. to have some waves coin in your wallet. People with less than $100 can still invest
This coin therefore, guarantees a very good opportunity for financial freedom either as a trader looking for price appreciation or investor that wants to earn dividends.
To purchase pepcoin, please contact the country representative on +2348176917365 or fred.lawanson@gmail.com