As promised I said I would put out an overview of Smart Cash. This is one of my favorite coins and I have not seen a coin advancing faster in development than when I bought ETH in 2016.
Smart Cash has serious potential longterm. I first started posting and commenting about it when is was between .03 cents and .06 cents in October. Its at .30 cents now even after the Crypto "crash", peaking at a high of $3 a month ago. It would have been nearly impossible to sell it for that because exchanges were shut down do to a major upgrade called Smart Nodes.
Smart Nodes require: 10,000 Smart, 20GB Storage, 1GB RAM Min., Static IP
SmartCash has nearly 10,000 Smart Nodes. More than Bitcoin and half many as Ethereum, with less than 1 month since Smart Nodes launch. More than any coin that I know of.
You can see on the map above, currently 9,100 Smart Nodes all over the world. This is what decentralization is suppose to look like. How in world does Smart have nearly 10,000 dedicated nodes already less than 1 month old? It's because the nodes are paid in Smart Cash to decentralize the network. Just imagine if Bitcoin was set-up in this way from day one in 2009, we would probably already have World Crypto domination by now....LOL.
Smart Nodes Live Info:
https://smartcash.bitcoiner.me/
But the Smart Nodes are just the beginning. Smart already has governance built-in. 1 Smart Cash = 1 vote. Everyone gets a say. Not just the miners.
Everything in Smart Cash is incentivized. Marketing, mining, staking, development, sponsors and so on.
There's one feature called Smart Rewards, where Hodlers get paid to Hodl Smart Cash. If you don't move your Smart Cash you get Smart Rewards for holding.
Currently the rewards for this month is going to be around 6%. The more Smarties move funds around the less addresses are eligible. Most users set-up a Hodling account and short term spending wallet.
Smart Rewards Eligibility Chart:
http://smartrewards.ccodam.dk/
Compounding Interest:
Let's say you buy 10,000 Smarts at .30cents and the price just stays flat. No coin appreciation in 1 year. This is what you'd have at the end approx. based on average Smart Rewards. Not counting running a Smart Node that would collect addition payments.
Return On Investment Years 1-5:
In first year. A $3000 investment turned into $6036, over 100% gains
By year five. A $3000 investment turned into $98,963, over 3,200% gains!!!! or 32 times your money.
Now this is taking into account a lot assumptions like Smart Cash will always pay out 6% monthly. This is unlikely as more investors stake there coins for the Smart Rewards. Another assumption is Smart Cash price staying at .30cents. It may go up or down. I believe its very likely that Smart stays around and price goes up.
Even if Smart Cash Rewards go down into a 6% interest rate per year instead of per month. If that happens meaning more and more investors stake for rewards, Smart is very likely to go up more in value. Upwards of $10 in 2018?
The point I am making here is that with Smart long as it stays around, which I believe it will, you can make great returns just staking your coins and reaping the Smart Rewards.
How does Smart do all this and other coins don't? Quite simply, the allocation of its block rewards are set-up in a way to incentivize the entire Smart Cash network. Like an entirely decentralized economy built to grow Smart infrastructure.
Here's how the block rewards are allocated:
Within the Smart Hive 30% go to Hive Teams. Essentially, you now have multiple Smart teams working on multi task at the same time. Instead of relaying one Core Team, you have multi teams working for common goal of Smart mass adoption.
Mind you not this coin is only 8 months old from founded in 2017. Going from $0 to $3 in this time period.
The Developers have built some pretty amazing user friendly features. Here what the Smart wallet looks like live.
Transactions are instant and super cheap. So cheap its almost free. There's no long string of address numbers like other wallets.
Smart Cash by email:
And they do presentations all over the world:
Anyone can submit their proposal to the community and get hired. Developers, Marketers, Speakers, Community Organizations, ECT.
Look at what they did in Venezuela just a month after they launched this past summer:
All paid for with Smart.
Smart even has a Point of Sale coming out for merchants. I even read a debit card is coming. To be honest there's so many features coming to this coin I can't even list them all. Also, this coin was not pre-mined to my knowledge.
Its pretty hard to find any negatives with this coin. One thing that I would like to point out is that the currently Smart is not trading on any major exchanges. It's a good and bad thing. The bad is that the coin is pretty illiquid but the volumes are exponentially increases since I started following it hard in early October. Volumes were getting to over $1 million daily from just $20K in Oct. This is typical for any newer coins. On the positive side if the coin gets added to Binance or Bittrex or any other major exchange, price and volumes will go exponential. In my opinion Smart will be added to a major exchange soon or at least sometime in 2018. There's just too much going here not to be added. Binance would be my first guess.
As I see fit. I will update the Steem Community on Smart Cash.
Exchanges for buying Smart:
If you bought Smart in the past from Cryptopia make sure you get them off of there by end of March. They no longer are trading this coin. CryptoBridge looks like the most liquid place for now.
To get involved and learn more, Smart has a great community on Discord. Here's the link:
https://discordapp.com/invite/BDUh8jr
Price is still down but starting to rebound from Winter Crypto Selloff. In my own opinion only nows a great time to pick up some Smart and get involved in this booming Crypto Community
Smart Cash - Is the People's Coin.
