SKRAPS.. THE FUTURE OF MICROINVESTING

SKRAPS.. the future of microinvesting

As more and more people are now getting to know more about cryptocurrency in social medias like FB, Tweeter, Telegram, Reddit and Bitcoin Forums, they are likely to get interested in investing.

But still the cognitive burden of when to invest, where to invest and how to invest is at the back of their minds. Also, the Myth that you need a lot of knowledge as to how to invest, thus leaving investing to the professionals and the myth that you need a “lot of money” in order to invest is still a great hindrance and issue to most of us.

Fortunately, there is a company who found a canny way of addressing these issues… they are called SKRAPS!

But what is Skraps and what does it do?

Skraps is a microinvestment platform where you can invest just your spare change. It is a ground-breaking app designed for crypto-currency and fiat purchases. Users can invest their spare change from cryptocurrency or fiat transactions into a diversified cryptocurrency- related portfolios to earn the rewards of consistent investing.

Picture yourself having a coffee with your friends. Then when paying the $3.75 coffee decided to round it off to $4.00. Through Skraps platform, your spare change you rounded off will be invested to a portfolio of your choice, then just watch that spare change grow. It’s that easy!

For example, you made a purchase of 8.678 BTC, you can round up the purchase to 8.68 BTC, 8.7 BTC or 9 BTC.

So what are the advantages of investing in SKRAPS?

Skraps’ platform is focused on keeping the user experience very simple and intuitive so that anyone, young and old alike can come on the platform and start their investing journey and create their cryptocurrency portfolio.

1. Easy to invest.
   Skraps has designed investing cryptocurrencies, in three very easy steps. Just remember this 3 letters: CSI, and it’s as easy as pie.
   

2. Low cognitive load
   Since all the investments are made from the spare change of a transaction, you don’t need to consciously decide if you want to invest and how much you want to invest. You just need to choose how much you want to round up to, and the spare amount is invested directly in a portfolio of your choice. Pretty soon you become accustomed to rounding off your purchases and investing becomes your second nature.

3. Invest based on your risk preference
   In Skraps, you can choose to invest in a portfolio which suits the risk you prefer. Whether you are a conservative or aggressive investor, Skraps has something to offer. If you are a risk taker type, then you can invest in Aggressive Portfolio. This portfolio can generate a higher rate of return but is subjected to higher market risk. If you are acmodest risk taker, a Conservative Portfolio would be more suited as you would not want to risk your savings. Conservative investment has lower rate of risk and a lower return.

4. You control what you invest!
   Since investment starts with every transaction, you control how much you invest by how much you round off your transaction in a fractional amount, and the spare amount is invested directly in a portfolio of your choice. With Skraps platform, the “spare change” you would normally forget in your purse, bag or coat pockets will go a long way. Try compounding your investment and see how far your spare change go.

5. No onerous requirements
   Skraps made cryptocurrency investing as simple and intuitive as possible. Some of the salient features of their platform are:
   ● No minimum or maximum amount of investments
   ● No minimum or maximum balance
   ● No withdrawal fees
   ● No payment delays. Instant payment processing
   ● Instant withdrawals
   ● Anonymous. No social security numbers required

6. Minimal Fee
   Skraps charges 1 token per month for all account irrespective of the amount invested. It’s a simple, no hassle pricing to customers who does not like complicated process. Now that is more than a bargain compared to most traditional brokers charges. This will help the token increase their demand and hence price increase.

7. Secured Data
   All of your data is protected with 256-bit encryption and never stored on your devices. Customers’ peace of mind is Skraps’ highest priority. and they work hard to protect users’ information, prevent unauthorized account access and notify you of any unusual activity in your account.

8. Leader board and Community Incentives.
   Every week, a user on top 10 will receive some Skraps token as an incentive for leading. These will encourage crypto experts to join the platform and compete to be on the dominant position, hence improving quality of portfolios available to users by these experts. Still more rewards are added if you continuously remain in the high ranking position in the leader board. Skraps’ "Leaderboard" feature will allow any user to create a portfolio and share it with the network. Portfolio owners will earn tokens from those who wish to copy their portfolios.

While this article is being written, Skraps developers is currently discussing referral bonuses and incentives to users who will invite others to join the community with their referral link.

More developments are being discussed so please tune in and be updated.

For more details please note the following important links:
Official website: http://ico.skraps.io/#
Token Sale: https://skraps.typeform.com/to/S7LlFO
SKRAPS Whitepaper: http://ico.skraps.io/SKRAPS_White_Paper.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=2520387.0

SKRAPS
Invest your Cryptocurrency Change into Diversified Cryptocurrency Portfolios