Spotcoin was founded in November 2016, by Andrew Thornhill, Giorgi Abuladze, Guram Rukhadze and Natalia Khizanishvili.
Spotcoin is the game changer many of us have been looking for. The opportunities they are bringing to the cryptocurrency community, go above and beyond what we are used to. They already operate an OTC fiat to digital currency exchange, established in 2016, in the Black Sea region, with $10M in trade volume for 2017.
Spotcoin is working on an automated digital asset exchange that will be available globally, launch is expected in Q3 2019. The exchange will offer global and regional fiat trading pairs with four core digital currencies: Gas, BTC, ETH and SIB. Spotcoin will list, free of charge, all NEP-5 tokens that adhere to the City of Zion’s “Guideline for Responsible token Sales”.
From the digital exchange, investors will earn 51% weekly dividends from exchange fees. Yes, that is a weekly payout of your share of 51%. But wait, it gets better, keep reading.
Spotcoin aims to cover all areas in need so they will implement Spotpay. Spotpay is a secure point of sale system for retail stores. Spotpay is designed for either online retailers or those with physical store fronts. This solution provides the option to make purchases using cryptocurrency. Launch is expected Q2 2020.
Having a formal partnership with Georgian Mining Company, Spotcoin just broke ground on an environmentally friendly $3.25M, 1.1MW mining facility, utilizing hydroelectric power it is scalable to 25MW. The new facility will house 4500 GPU miners and will additionally be able to host 4500 units on behalf of clients. Spotcoin chose Georgia for their mining facility, due to the low-cost, environmentally friendly hydropower they offer, as well as, a Value-added Tax (VAT) exemption. Georgia generates more than 75% of its electricity from hydropower, making it the second most popular country for mining. The facility is expected to be fully operational by Q4 2018.
I mentioned earlier that investors will receive 51% weekly dividends, which is amazing, but investors will also receive 12% dividends, paid quarterly, of the net profit from Spotpay and mining operations. How exciting is that???
One of the things that I am most attracted to is Spotcoins’ commitment to the community. Spotcoin has recognized the lack of educational options when it comes to blockchain technology, in their words, “There is a demand crisis for experts in blockchain technology”. With the growing popularity of blockchain technology in the Black Sea region, it is the prime area to provide training to those interested in making a career in this field. That is why Spotcoin is establishing the Black Sea Blockchain Institiue (BSBI), which will be a registered vocational/technical college, officially recognized the Georgian Ministry of Education and Science as well as the Council of Higher Education Accredidation. BSBI will offer accredited courses and certificate programs for Students, Developers, Executive Management and Government officials. Formal courses and training programs are set to begin in the fall of 2018.
The leaders and team of Spotcoin are ambitious, driven, dedicated and passionate about blockchain technology. They are passionate about making the space better and are proving it with not only what they have been doing, but with the progress they have made towards their future plans. Spotcoin is making a difference with less talk and more doing!!
Spotcoin is the investment you do not want to miss. You are not only investing in a product, you are investing in education and the future.
Spotcoin recently published articles
https://medium.com/spotcoin/spotcoins-exchange-will-differ-from-other-crypto-exchanges-abafbefc934b
https://medium.com/spotcoin/spotcoin-close-up-introducing-spotpay-5e1b77edf75d
https://medium.com/spotcoin/spotcoins-weekly-roundup-july-14th-b5b37aab9db9
https://medium.com/spotcoin/spotcoin-weekly-roundup-4-dddc5171f0f9
https://medium.com/spotcoin/the-face-and-the-heart-of-spotcoin-our-digital-exchange-and-spotcore-3d686ac1b23
To learn more visit their website and read the whitepaper https://www.spotcoin.com/
If you have questions, join their telegram https://t.me/spotcointeam