All Hail Bitquence !!!
Im sure you will agree that the market is becoming saturated with initial coin offerings (ICO's) with a new one released almost every day and to be frank, in my opinion most of them are not worth your time, they do not propose any feasible solutions to real problems, and even fewer that have answers to problems we actually care about !
With Bitquence though i think we may actually have something worth our time. In a nutshell Bitquence aims to be a decentralised exchange on steroids .
Problem
The Bitquence platform is designed to tackle specific problems in the world of cryptocurrency:
- Choosing between an ever-growing array of crypto currencies
- Understanding risk and quality across multiple coins and assets
- one-click diversification into multiple crypto assets
- A safe and secure mobile wallet that handles multiple keys
- Being able to easily transfer value across digital assets
The $4 Trillion Financial Services Industry
The S&P 500 in the United States is worth $20 trillion. 20% of the S&P 500 is made up of
financial services companies or $4 Trillion. For the cryptocurrency industry to go
mainstream, it will have to ultimately become more user friendly and enable a safe and
secure way to invest in cryptocurrencies and alt coins.
If successful this idear could drastically speed up mainstream adoption and the time they plan to release the tokens onto exchanges in my opinion should be perfect. The plan is to start trading in september when the markets will hopefully be recovering from the sell off that i think will continue all the way until the beginning of August when the Bitcoin scaling issue will be sorted out.
And once the markets start to recover, and people start getting back in on the action causing the prices to rise very quickly again, this will inevitably lead to increased media coverage which in turn will bring more people into the space, and what better way for them to get started than an app that will do it all for them with little effort on their part. No more having to open accounts on multiple exchanges, and syncing dozens of different wallets to hold you different coins.
This may turn out to be a lot more impactful than people could have ever thought.
