The issues of liquidity and transparency has changed the face of cryptocurrency and reduced the effectiveness of trading with digital assets. Today, centralized exchanges are prone to hacking and other fraudulent practices, while conversion of cryptocurrency to fiat currency is plagued with unstable prices. It's not a surprise that serious investors and mortar and brick establishments are shying away from investing fully in the myriads of benefits that cryptocurrency and blockchain technology has to offer. Even mining operations are not left out in these inconsistencies affecting digital assets. For this reason, Spotcoin has created an ecosystem that will bring all the five major components into one platform. Spotcoin aims to bridge the gap between emerging digital assets platforms and legacy financial markets.
Why Spotcoin?
Spotcoin acknowledge the universality of blockchain, and it aims to build trust in the world of digital asset trading, and enhance the quick completion of complex transactions while removing market inefficiencies. Spotcoin aims to build a common intuitive platform that will provide access to different aspects of digital assets management such as Over-the-counter (OTC) trading, digital exchange, mining, and Spotpay. As mentioned earlier, Spotcoin aims to increase liquidity and improve the overall user experience. You should also know that this blockchain techno guys has over a decade's worth of experience over 10 million in over-the-counter trade volume in just 2017. Lastly, it's based on a non-profit community-backed blockchain technology called NEO. NEO blockchain serves as the perfect blockchain for Spotcoin's vision and mission, as it supports digital identity to enable anti-money laundering and Know Your Customer (KYC) models.
Components of Spotcoin
Just like every system, Spotcoin boasts of a central core; Spotcore, which controls every aspect of Spotcoin's digital assets management. The Softcore helps to seamlessly integrate every component of Spotcoin's ecosystem. Furthermore, it's unified and simple interface helps users to navigate without any form of difficulty.
Over-The-Counter Marketplace.
Current OTC marketplace are plagued by lack of trustworthy brokers and non-responsive customer service. However, Spotcoin solves this issues by providing trustworthy intermediary service and Spotcoin ambassadors. Furthermore, Spotcoin partners with numerous banks across Europe to ensure that your earnings high value cash transfers.
Digital Exchange
This project was initiated to tackle the demand for digital assets in the Black Sea region. This exchange will support about 15 regional fiat currencies, including Russian Ruble, US dollars and Euros. Furthermore, this exchange platform will support four primary trade pairs; Ethereum, Bitcoin, Sibcoins, and GAS.
Spotpay
This platform will serve as an efficient point of sale for physical retail establishments. Spotpay will utilize the digital asset exchange and Spotcore to perform instant payouts in the user's desired currency, either fiat or digital. Spotpay will be able to integrate easily with other websites. Additionally, Spotpay will develop plug-ins for major eCommerce platforms, therefore, allowing users to enable Spotpay.
Mining
Spotpay aims to build a Hydro-electrically powered mining facilities that will increase its mining capabilities. This will enable about 9000 thousand miners to use this faculty for cryptocurrency mining.
Lastly, Spotcoin aims to build a Black Sea Blockchain Institute to fulfill 3 major aspects; innovation, education, and research.
Token details
Token Ticker: SPOT
**Pre-Sale Price: 1 SPOT = $0.40
Main Sale Price: 1 SPOT = $0.50
Platform: NEO
Minimum Investment: 50 Spotcoin tokens
Accepted Currencies: NEO, BTC, ETH, SIB, Fiat and GAS
Soft Cap: $5,000,000,000
Hard Cap: $30,000,000
Restricted Areas: China, South Korea USA.
Total Token Supply: 99 Million SPOT
Team
Advisors
for more information visits ;
Website: https://www.spotcoin.com
Whitepaper:https://www.spotcoin.com/whitepaper.pdf
Telegram: https://t.me/spotcointeam
Twitter: https://twitter.com/therealspotcoin
Author: sweedy
Authors email address : cryptobaby255@gmail.com