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Some Coins returns over last year!
âĒVeChain $VET: +3,768%
âĒCardano $ADA: +3,290%
âĒBinanceCoin $BNB: +3,058%
âĒPolkadot $DOT: +1,353%
âĒEthereum $ETH: +1,171%
âĒUniswap $UNI: +953%
âĒChainlink $LINK: +875%
âĒBitcoin $BTC: +728%
âĒXRP $XRP: +532%
âĒLitecoin $LTC: +406%
âĒBitcoin Cash $BCH: +161%
âĒGold: +3% (not impressive)
âĒUS Dollar Index $USD: -8% (depreciation)
What a glorious day for #crypto! All green across the board!
It's indeed a new #altseason in the making!
#Bitcoin #BTC #Ethereum #ETH #Cardano #ADA #Polkadot #DOT #Chainlink #LINK #BinanceCoin #BNB #Vechain #VET #Tron #TRX #Stellar #XLM #Ripple #XRP #Uniswap #UNI #Litecoin #LTC #THETA #Filecoin #DeFi #NFT
YFX TOKEN GENESIS MINING
As of today, YFX is yet to issue its official token(as it hasn't begun trading on any exchanging platform). But it has put the needed requirement in place to start up its Genesis mining as of today.
BRIEF REVIEW ABOUT YFX
YFX is a straightforward decentralized trading platform for perpetual contracts. All assets are facilitated by smart contracts.
A smart contract is self-executing and a contract with the consensual agreement between both transacting parties written in code lines. The code and the agreements contained are left across a distributed, decentralized blockchain ledger. The code takes charge of the execution, and transactions are recorded, trackable, and not reversible
It permits the conveyance of secured transactions and agreements to be carried out among two different anonymous parties without the need for a central authority or a third party system, or external enforcement law.
All smart contract codes on YFX DEX are open sources, which have been examined by the expert establishments. Users have full control of their assets in smart contracts.
YFX-DEX Trading Principle
YFX is a decentralized smart contract trading platform is the most recent decentralized cross-chain trading platform which underpins numerous blockchains including Ethereum, TRON, Binance Smart Chain(BSC), Huobi Eco (HECO) Chain, OKEX Chain, and Polkadot. Through the specialized technical plan, for example;
âĒReasonable value quotation
âĒQIC-AMM
âĒConstrained liquidation
âĒTrading charges
âĒTraders being able to utilize any token on Ethereum, TRON, Binance Smart Chain, Huobi Eco Chain, OKEX Chain, and Polkadot, including ETH, TRX, USDT, USDC, WBTC, utilized as an edge to open long or short positions.
YFX is such decentralized in that everyone can partake in its liquidity vote mining
Liquidity mining is naturally performed by YFX's smart contracts with an open capital pool that expands each client's energy for mining and actuates each client's worth creation.
YFX GENESIS MINING
YFX GENESIS mining is scheduled to start today March 2, 2021 till March 11, 2021, and the mining plan will take place accordingly to the headings given below:
TOKEN DISTRIBUTION
The token distribution plan for YFX GENESIS mining is divided into four portions: Community taking 60% of the token allocation, Team and early investors taking 25%, Strategic partner taking 10%, and the Strategic Investor will be allocated the least as 5% is allocated to it.
1) Community Token Allocation: This mainly comprises Genesis mining, airdrop, other promoting action, and community rewards.
The token will follow a three-way distribution part which is distinguished by years. The first part is the distribution of 50% of the token from the whole 60% token allocatio , in the primary/first year then followed by the second year taking 25% of the token's distribution and finally the third/last year taking the remaining 25%.
2) Team And Early Investor: The allocation is distributed into two portions: 20% is going to be made available to team members and early investors who provided initial financial backing.
While the remaining 80% will be shared evenly and in all fairness for a year too early investors and two years for the team.
3) Strategic Partner: 10% of the Token allocation will go to the YFX key partner as earlier stated.
Thirty percent(30/100) of the whole allocated token distributed will be delivered when the YFX token begins to disperse. 70 percent (70/100) of which is to be discharged straightforwardly within a year.
4) Strategic Investors: Despite getting the least distribution their role in token allocation can not be waved off as they provide vital funding to the platform
This part of the token allocation is saved for Strategic investors later on(kept as a backup fund). 30% will be discharged immediately, while the rest 70% will be straightly discharged in a year. The YFX economic model followed the pattern below to ensure the smooth running of the DEX
* Half of the exchange expense(transaction fee) gotten by YFX will be utilized for token repurchase on Decentralized exchanges (DEX) such as Uniswap, Mdex, JustSwap, or different trades.
*It prohibited that more than half of the insurance fund will be utilized for token repurchase.
*YFX token can also be utilized as an edge in perpetual contract exchanging (In simple terms they can serve as margin when it comes to perpetual trading).
*The voting force/ability of the YFX token is in an equivalence.
GENESIS MINING
3,000,000 YFX token will mind out for the first stage of genesis mining and this will be done by Trade Ming, Liquidity Mining, and Trading rivalry. The first round is going to reign for about fourteen days on Binance Smart Chain, Heco, and Tron.
YFX token is going to be delivered after the second round of Genesis Mining closes. Gauge no later than the center of April. All mined tokens will be delivered simultaneously. No lock-up period.
FIRST ROUND GENESIS MINING
Time span: March second, 2021 to March 15thh, 2021.
(1) Trade Mining
This will be taking place on the DEX stated below:
BSC: https://bsc.yfx.com/
Heco: https://ht.yfx.com/
Tron: https://trx.yfx.com/
For each position a user holds, he/she will get an equivalent in hash Power. 1$=1 hash Power
For a better explanation, if a position with a value of $800.60 is being traded, an equivalent of 800 hash Power will get.
The Hash Power reward follows the simple arithmetic equation below:
Estimated YFX tokens rewards = Your Hash Power for Trade Mining/Total Hash Power for Trade Mining * YFX Trade Mining token pool.
For trade mining, you need to exchange on the trading sets beneath to get the YFX token. New trading pairs may be added.
For Binance Smart Chain(BSC): BTC_USDT(USDT)
HECO: BTC_USDT(USDT), ETH_USDT(USDT), BTC_USDT(HT)
TRON:BTC_USDT(USDT), TRX_USDT(TRX)
The accompanying wallet upholds exchanging on YFX: Meta Mask, Tronlink, Huobi Wallet, Trust Wallet, Math Wallet, imtoken, Token Pocket, Bitkeep, Bitpie, HyperPay.
(2) Liquidity Mining
Liquidity providers are made Hash Power holders simply by providing liquidity to the YFX's market creator pool. The greater liquidity you give, the more Hash Power you get, likewise, the more drawn-out time you hold the LP token, the more Hash Power you get.
You will get 1 Hash Power for 1 USD Valued added market maker pool each. For instance, if you add $10 to the liquidity pool, you will get 10 Hash Power from the following minute. On the off chance that you hold this for 60 minutes, you will get 600 Hash Power.
Estimated YFX tokens rewards = Your Hash Power for Liquidity Mining / Total Hash Power for Liquidity Mining * YFX Liquidity Mining token pool.
Disqualification can result if the transfer of the LP token to other addresses is made.
(3) Trading Competition
Another way of entering Genesis mining is by partaking in a trading competition on YFX DEX. We will reward top winning and top losing accounts with the YFX token. Ranked from the first to thirteen positions. The first position; the best/earned trader on YFX DEX. Reward slated for this position is 30,000 YFX token. This is followed by the second position with the reward of 20,000 YFX tokens.
Followed by the third position with a reward of 10,000
For the 4th to 13th position, 2,000 YFX tokens each will be rewarded
The last position (who lose the most) in trading will be allocated 10,000 YFX tokens. Last 2â11 placeïž1,000 each
(4) Invitation Rewards:
By inviting others to partake in YFX Genesis Mining through your referral link you stand a chance of getting more Hash Power. When your referred makes any trade, you will get 10% Hash Power of his/her trade. The more people you invite, the more Hash Power you got .
NOTE: 1USD Trade Value = 1 Hash Power.
For more information on YFX TOKEN GENESIS MINING you can reach out to YFX through it's social media:
Website: https://www.yfx.com/
Twitter: https://twitter.com/YFX_Defi
Telegram: https://t.me/YFX_EN
Discord: https://discord.gg/xwAtjpabC5
Media Contact: media@yfx.com
According to BitTok market data, as of 16:00 today (GMT + 8), the platform currency BCHC rose for 9 consecutive days, rising more than 6.5 times from the bottom. As the first scalable blockchain infrastructure based on IPv8 technology to serve distributed commerce. BitCherry public chain builds P2PLUS peer-to-peer encryption network protocol with a new idea of innovating the physical layer, realizes highly scalable data architecture through hash diagram improved by relational graph, and provides operation mechanisms such as intelligent contract and cross chain consensus. BitCherry provides high-performance, high security and high availability underlying technical support for global businesses. Its services cover many fields, such as supply chain finance, product traceability, asset digitization, commercial consumption, e-commerce, distributed cloud computing, etc.
Know more about BitCherry BCHC at https://www.bitcherry.io/
#altseason back on track? Looks like it!
Last 24 hrs movement shows green across the #crypto board:
#Bitcoin $BTC âŽïļ +2.86%
#Ethereum $ETH âŽïļ +16.5%
#Polkadot $DOT âŽïļ +0.93%
#Ripple $XRP âŽïļ +2.27%
#Cardano $ADA âŽïļ +5.22%
#Chainlink $LINK âŽïļ +2.26%
#Litecoin $LTC âŽïļ +5.31%
#Vechain $VET âŽïļ +4.15%
Today we can say we are witnessing a #crypto correction to the #correction ðâïļ
#Bitcoin $BTC âŽïļ +5.54% @ $32,566
#Ethereum $ETH âŽïļ +10.91% @ $1,231
#Litecoin $LTC âŽïļ +7.18% @ $139
#Cardano $ADA âŽïļ +14.31% @ $0.35
#Ripple $XRP âŽïļ + 5.85% @ $0.30
#Vechain $VET âŽïļ + 13.76% @ $0.031
The DeFi field has amazing upside potential. Whether it is relative to the entire crypto market, or especially relative to the traditional derivatives market, the total value of DeFi is negligible. New users entering the field will bring liquidity and promote the exponential growth of the DeFi derivatives market.
Compared with the products launched by CEX, the transaction of various products in DEX is still not much, but the decentralization features such as permissionless and non-custodial insisted by DEX are becoming more attractive to the crypto world, coupled with a large number of professional flow which has solved the liquidity problem that DEX has been facing. We are looking forward to the breakthrough development of DEX market share.
Among the few DEXs, INJ and YFX are mainly based on decentralized derivatives contract transactions in terms of products. Let's take a look at the differences between the two DEXs in terms of trading mechanisms.
In terms of market making mechanism:
- YFX applies the QIC-AMM market maker pool trading method to provide users with extremely high liquidity and extremely low trading slippage. Traders directly trade with QIC-AMM to open and close their position. The depth is a function of the available balance of the LP pool, there is no impermanence loss in the LP pool.
- Instead of the AMM mechanism, INJ only uses the Layer 2 side chain to achieve efficient transaction efficiency, and makes it possible to trade cross-chain assets by basing on the Cosmos-Tendermint underlying protocol.
In terms of transaction mechanism:
- YFX adopts the market maker fund pool trading mechanism, each trading pair corresponds to a market maker fund pool. All user orders will be traded with the market maker fund pool and the user's profit and loss will eventually be directly conducted with the market maker fund pool settlement. In the process of market making, market makers only need to invest in one currency to participate in market making. If the net value at the time of redemption is higher than the net value at the time of purchase, it can make a profit.
- INJ is temporarily in the testnet stage and has not publicly disclosed its trading mechanism.
[img]https://iili.io/KmuY4p.md.jpg[/img]
YFX, the first DEX that offers 100x trading leverage on perpetual contracts has just launched, adding an important piece to the DeFi money legos, and creating a direct competition against CEX on derivatives trading.
The most traded Bitcoin product in centralized exchanges is Bitcoin futures, which is 10 times bigger than spot trading in terms of the trading volume. But in DEX, spot trading platforms like Uniswap are occupying a large portion of the total trading volume, and there is not a single decentralized futures trading platform that could reach even 1/10 of Uniswapâs trading volume. What stops decentralized futures trading platforms from becoming 10 times bigger than Uniswap? Why are decentralized futures trading platforms performing worse than their centralized counterparts?
The main reason is that decentralized futures exchanges donât currently provide an attractive futures product to compete with centralized futures exchanges. For instance, centralized futures exchanges like BitMex can provide 100x leverage on Bitcoin futures trading. On the other hand, decentralized futures exchanges like dYdX only offer 10x leverage. None of the decentralized exchanges can keep up with the 100x leverage offering from centralized exchanges.
YFX Descartes V1 uses QIC-AMM and a system de-risk mechanism to migrate perpetual futures trading from CEX to DEX without reducing the trading leverage, which makes YFX the first DEX that could offer 100x leverage on a perpetual contract. You can do everything on YFX that you can do on BitMex or OKEx. YFX is poised to compete directly against established centralized exchanges. YFX Descartes V1 runs on the TRON MainNet, for faster transaction times and cheaper gas fees compared to Ethereum. The YFX team is also working on Ethereumâs Layer 2 solution to provide pragmatic perpetual trading on DEX.
About YFX
YFX Descartes V1 is the first DEX that offers 100x trading leverage. YFX Descartes V1 launched on the TRON MainNet, and all trades are held and processed by smart contracts. The main goal of the YFX team, which is formed by a group of engineers who have years of experience working on trading systems and blockchain, is to build a DEX that can compete with CEX on derivative trading.
Reference:
Website: https://www.yfx.com/
Trading: https://trx.yfx.com/
Twitter: https://twitter.com/YFX_Defi
Telegram: https://t.me/YFX_EN
Discord: https://discord.gg/xwAtjpabC5
Media Contact: media@yfx.com
Not sure if the downtrend is over but the last hour crypto coins movements show bit of recovery however can't tell yet if it's temporary or market will go up from here.
Here's the last 1 hour crypto market update of some of the top coins:
So is the âŽïļ Done?
#Bitcoin $BTC âŽïļ 8.05%
#Ethereum $ETH âŽïļ 6.91%
#Ripple $XRP âŽïļ 4.25%
#Litecoin $LTC âŽïļ 8.81%
#Bitcoincash $BCH âŽïļ 7.32%
#Cardano $ADA âŽïļ 6.15%
#Polkadot $DOT âŽïļ 5.53%
#Chainlink $LINK âŽïļ 3.85%
#Stellar $XLM âŽïļ 7.05%
#Monero $XMR âŽïļ 7.83%
#VeChain $VET âŽïļ 7.48%
#DASH âŽïļ6%
No doubt this is a significant #crypto correction. Here's the update on some of the #coins movements last 24hrs:
#BTC âŽïļ - 9.62%
#ETH âŽïļ - 7.40%
#XRP âŽïļ - 8.33%
#LTC âŽïļ - 7.88%
#ADA âŽïļ - 11.72%
#DOT âŽïļ - 10%
#LINK âŽïļ - 14.90%
#XLM âŽïļ - 13.62%
#VET âŽïļ - 10.99%
Bags filling time!ðĪĐ
Time for some #crypto bags filling boys? ðĪ
Last 24hrs movements:
#Bitcoin #BTC âŽïļ - 4.58%
#Cardano #ADA âŽïļ - 5.98%
#Stellar #XLM âŽïļ - 5.32%
#BitcoinSV #BSV âŽïļ - 15.20%
#EOS âŽïļ - 16.21%
#THETA âŽïļ - 6.03%
#Vechain #VET âŽïļ - 7.92%
#IOTA âŽïļ - 10.61%
Yep fill your bags while you can
iBBTÂŪ enables access control to a stack of decentralized utilities in a crypto-banking system. This includes smart identity provision for privacy and compliance. The iBBTÂŪ also facilitates consumption of certain financial services; including, on-net conversion to digital asset purchases/swaps or secure custody in a corresponding Open BankingâĒ Marketplace.
Never in the life of me have I seen such a massive #bullrun across the #crypto board. #Bitcoin and #Altcoins going hand in hand and literally mooning. ðĪĐ What a lovely start of the year for #cryptocurrency indeed!ðð
#BTC #Ethereum #Cardano #XRP #LINK #XLM #Ripple #ADA #Stellar
When you talk about blockchain, you may think of bitcoin for the first time. But in fact, blockchain and bitcoin cannot be wholly equated. Blockchain is a kind of chained data structure that combines data blocks in chronological order in sequential connection. It is a distributed ledger that cannot be alterable and forged in the course of cryptography. Blockchain can be used to verify, store, generate and update data, and ensure the security of data transmission and access, so the blockchain can be applied to all kinds of applications in theory Business scenarios.
At present, with the further expansion of blockchain technology, the value of blockchain applications has begun to highlight. The innovation of network architecture, storage engine, consensus protocol and other underlying technologies of blockchain helps various commercial enterprises realize the actual needs of blockchain application. On December 24, 2020, the first phase of the testnet of BitCherry, a distributed commercial public chain project, was officially launched for testing. As the world's first scalable blockchain infrastructure based on IPv8 technology to serve the business, BitCherryâs concept is to focus on defining and providing the most basic and key underlying network of blockchain and help traditional commercial enterprises to build a network by improving the existing technology pain points of blockchain Build a trustworthy distributed business ecological environment. This article will interpret BitCherry testnet to help you better understand BitCherryâs blockchain technology innovation and network characteristics of testnet.
What are the Technologies and Features of Bitcherry Testnet?
1.Innovative Technology Architecture based on IPv8 Protocol The existing public chain P2P protocols work above the TCP transport layer of the host side of the IPv4 / IPv6 wide area network, while BitCherryâs IPv8 protocol works within the lower IP network layer and data link layer (it can work on the host side and routers at the same time). In other words, BitCherry starts to build the protocol from the lowest physical layer, because it works at a lower layer and is closer to the hardware Therefore, P2Plus can easily penetrate any network, firewall, network fence. In short, VPN, proxy server and so on are no longer needed. Its advantages are as follows:
High performance: The transaction performance is improved by the way of horizontal fragmentation and vertical sidechain of HashRelationGraph Algorithm. The consensus nodes of the whole network are expanded to more than 100000 + and the nodes participating in consensus of each transaction are controlled within a few hundred. This can ensure the complete decentralization of BitCherry network and high TPS. Even if there are ten thousand of BCHC transactions per second, the security and stability of BitCherry network will not be affected.
Scalability: Based on the asynchronous algorithm of aBFT and relying on the capacity expansion design of vertical sidechain and horizontal fragmentation, the problem of block congestion is solved, which means that the resource occupation of phenomenal burst applications will not affect other chain applications.
Privacy security: The operation of the whole node depends on the structure of HashGraph, which can ensure the decentralization without heavy workload proof. While the value of high-speed interconnection, it can realize the point-to-point encryption of information and ensure the privacy and security of user data in the process of interaction.
The combination of blockchain and economy, landing in practical application scenarios and reaching large-scale application, is considered to be the core symbol of the arrival of blockchain 3.0 era. BitCherry distributed commercial public chain has broken through the limitation of TPS in the underlying technology. Theoretically, it can achieve infinite TPS value. With the processing capacity of second level confirmation and extremely low transaction fees, BitCherry is fully capable of supporting the actual landing of commercial blockchain applications.
2.Consensus mechanism of aBFT + PoUc to ensure the high efficiency and decentralization of network operation
In terms of consensus algorithm, BitCherry creatively combines blockchain technology with six degree segmentation theory on the basis of hashgraph data structure, proves PoUc through user value, selects consensus nodes, optimizes network consensus propagation process, and creates a unique aBFT + PoUc consensus. Different from DPoS, all users can participate in PoUc consensus. The algorithm automatically selects adjacent nodes and non-adjacent nodes according to the relationship graph algorithm and conducts virtual voting with reference to their weights. The selected nodes will get bookkeeping rewards.
Due to the uniqueness of consensus mechanism, the data circulating on BitCherry network will become decentralized, and the data circulation will get unprecedented network free environment. At the same time, compared with those traditional public chains, BitCherryâs efficiency has been greatly improved.
3ïžThe Testnet Smart Contract Has Complete Functions and Are User Friendly to Developers
BitCherry testnet are user friendly to developers and provides developers with complete development documents and tools. In the first phase, EVM virtual machine is used to provide a secure execution link for the byte code of smart contract. It supports the development of smart contract in Solidity language and the Ethereum interface. Developers can smoothly migrate the Ethereum contract to BitCherry testnet through the interface. The official disclosed that more development languages will be supported in the subsequent stage to facilitate developers and users to build DAPP and conduct functional test on BitCherry testnet.
4.Millions of Users in The Global Community Continue to Accumulate Developer Community Resources
The success of a project is inseparable from the support of the community. BitCherry distributed commercial public chain, has reached in-depth cooperation with multinational government enterprises, and provided blockchain solutions for them. It is highly trustworthy in terms of maturity, reliability, and professionalism, and naturally has millions of seed users. Most of the success Ethereum is due to its huge developer resources. Countless developers have innovated many high-quality projects in the process of communication and collision. BitCherry as a company with technology as the core also actively deployed the construction of developer community after testing the online and set up an incentive mechanism to positively motivate the developer community. According to official information, BitCherry will launch some bug reward / hackathon activities to attract security personnel to audit BitCherryâs testnet code, eliminate some security loopholes and obtain high rewards provided by BitCherry. Feedback from developers will help BitCherry further optimize its testnet.
Conclusion Blockchain is the underlying infrastructure carrying high-value digital assets, which is difficult to land. Security, performance, and ease of use are important standards to measure the quality of the underlying infrastructure of a blockchain. At present, BitCherryâs blockchain testnet built by condensing technology, community and ecological resources has certain advantages compared with other blockchain projects. It is hoped that BitCherry can build a blockchain network that is really suitable for all kinds of business scenarios to help global business achieve innovative development.
Many people are earning much online through cryptocurrency programs. How much you earn depends on the amount you have invested. This article outlines how you can create your crypto empire through staking, mining, trading and other investments.
This discussion explains exactly how I am earning from cryptocurrencies and how you can earn too. The level you start with depends on your financial resources and knowledge.
Level 1: Sourcing the investment funds
This stage applies only to those who do not have enough funds to operate at other levels. If you have funds you start on level two.
There are several ways to source funds to invest in other opportunities.
Faucets: You can source funds through faucets. This a program where you login in some platforms and claim a few coins or tokens. You can claim more than 5 times per day. However, I tried this means of raising money and I did not get much. Coinpot is one of the best site for this.
Airdrops and bounty program: This is a better method. You search for companies that have giveaways of their coins. At times, you do a few tasks such as posting their articles on social media groups such as Facebook, Instagram and Twitter.
With bounty programs you can write a few articles advertising the company and get paid. With this you can earn better than with faucets.
For example, you can earn these tokens on Markethive. Every activity you carry out at Markethive you earn something. Even logging in or joining a group.
Contests: Contests are another way of earning cryptocurrencies. I started my crypto empire using contests. I won a contest in Web Token Profit and Publish0X.
By the way, Web Token Profit offers many contests affording people to earn much.
If you are a writer Publish0X has many article writing contests where can win some cryptocurrency. You can also win competitions for reposting articles to Facebook and Twitter.
Level 2: Staking
When you earn some cryptocurrencies as described in level 1 you can stake them. Staking is just putting them in your account and not using them. There is a command for staking.
You earn for staking your cryptocurrencies.
Some of the best places to stake your cryptocurrencies are Bitrue and Crypto- Accelerator. However for crypto accelerator you only stake WEC. You can stake in Atomic wallet and many others. You simply need to search around.
The good thing is that you can stake any amount of cryptocurrencies you have.
Level 3: Mining
When you are generating a fair amount of cryptocurrencies you can go for mining. With mining you pay a sum of money and accrue some cryptocurrencies. Mining is one way you can earn much cryptocurrencies.
However, unlike staking, you need more funds for mining.
There are many mining sites. I do mining with Mining City and ECOS. With ECOS you need $150 while Mining City requires $300. But the returns are handsome. You wonât regret it. That is why I can say this is a Master Strategy.
Level 4: Trading
When you can generate a decent income you go for trading.
With trading you buy and sell cryptocurrencies for a profit. However, you need time to learn how to trade or get help from experienced people. For beginners PrimeXBT is the best because it teaches you in details how to trade.
It also has a trading strategy called covesting, where you copy the trading strategies of very successful traders.
Other great trading platforms include Bitrue and Nominex.
Please note that all the programs I have discussed here, from faucets to trading, have referral systems. You can earn from the activities of the people operating below you. I make sure that I join a program with a referral system because I earn quite much from the activities of my downlines
Conclusion
To sum up, if you need to be successful in cryptocurrencies, formulate a strategy like this. You will not regret it. However, if you are not sure, stick to my program and you will not get lost.
3.Xtroptions.Aus came out 3 yrs ago at $11.00 on 11/11/2017 at 11pm. and the price for XTroptions.AUS is now $247.72 in Dec 2020.
ð 10 Million Prize to be Reward | An Invitation to Global Developer to join BitCherry Testnet
BitCherry Testnet v1.0.1 will start testing soon, and now we are recruiting well-performing developers from all over the world. By the time, developers and users can participate in the BitCherry Testnet environment and win the reward up to 10000000 BCHC through our subsequent developer missions. We encourage all blockchain developers to participate in the testnet with us and bring us more valuable opinions.
â Activity Time: Long Term Effect
â Registration Link: https://forms.gle/NsZCmaPFaz7EHjYb8
Join Us:
Discordïžhttps://discord.gg/TSKKjg3Snb
Telegramïžhttps://t.me/BitCherryDevelopersGroupEN
Emailïždevelopergroup@bitcherry.io
"I bought some coins called Troptions"
Waka Flocka Flame on Bitcoin, Gucci Mane and Why Vegans Are Like Cops
By:Claire Valentine
Waka Flocka Flame (born Juaquin James Malphurs) is the Atlanta rapper whose 2009 singles âO Letâs Do It,â âNo Handsâ and âHard in da Paintâ put him on the map as one of the hottest and hardest rappers in the mainstream. His debut album Flockaveli was released shortly after Waka was shot in the arm during a robbery in 2010 and was followed up by 2012âs Triple F Life: Friends, Fans & Family.
That was the last studio album Waka put out, and since then heâs appeared on Love and Hip Hop alongside his wife, Tammy Rivera, and on their own VH1 show Meet the Flockas, putting his personal life front and center for the world to see. Originally a member of 1017 Brick Squad, Waka and Gucci Mane have since had a protracted falling out.
Still, the rapperâââa Gemini, as so many rappers areâââhas stayed positive through the ups and downs, including the death of his younger brother from a self-inflicted gun shot wound in 2013, which heâs since said was something of a wake up call. We got on the phone to catch up with Waka, now preparing to bless the people with the long-awaited release of Flockaveli 2, and chatted about everything from veganism to Bitcoin:
How are you?
Iâm alright, I really just got into the studio, I pulled an all nighter.
Are you in every day right now?
Oh shit, lately Iâve been in there every day.
Is this for the upcoming album or is this other stuff that youâre working on?
I finished the upcoming album. Iâm actually going to drop a mixtape before the album, because I just think I need to put people in the world of Waka. I think itâs arrogant to put a CD out, and peopleâs waiting, I think I just need to put a lot of music out just so I donât get out too late with this album.
So youâre not waiting on a label or anything holding you up?
No, Iâm not waiting on nobody, this is all Waka. As soon as I hear the people calling for it, Iâm dropping it.
I think theyâre calling for it now.
Well, Iâm about to drop it. I got a CD before this album, Zaytoven produced the whole thing. I want to put that shit out before my album, I think the streets deserve that. Atlanta deserves that, and we doing this CD for Atlanta.
Sounds dope.
Yeah, that shit is crazy. I ainât even gonna lie, this CD is fun. I promise to God, this shit is fun.
Thereâs been such a conversation about mixtapes versus albums, what is the defining difference for you?
Nothing, theyâre still an album. They just change the name, trying to make it cheaper. I treat it like an album, I just ball. Because if itâs wack, then at the end of the day people are like, âDang, whyâd you put that wack ass tape out?â No oneâs gonna be like, âMan, itâs just a mixtape not an album,â theyâre gonna be like, âMan, this shit was wack. This nigga fell off.â
Itâs been awhile since you put out an album.
Yeah, itâs been a minute since a mainstream album. The mainstream world was boring, man. Itâs too typical. You know how people are gonna be marketed, itâs typical. Then they get famous, all the designer companies want to send them free clothes, modeling for them. They just go away from what they started being. Honestly a lot of artists get lost in fame, so I had to regroup to learn Waka.
How have you done that? Spending more time with family, spending time out of the spotlight? What does that look like for you?
For me, just traveling the world and taking my time to learn this new person I became, because becoming Waka Flocka was new. Iâm just a rapper, so, I had to really dissect it and just really understand who I am and how far my voice is going, the things that I say or how far my words travel. And I just have to take advantage of what I created, and take myself out of the mindset of being an artist. I put myself in the mindset of being a brand and shit changed, man.
Changed in a positive way?
Yeah, everything changes in a positive way. Everything. When I came out, I came out in the days of when MySpace had playlists. I came out during the days when they still sold hardcover CDs, selling mixtape CDs, bootlegs. But see, the artists in todayâs time with the downloading and all this, and they still complain, and Iâm like, man, yâall got it made. Yâall got it fucking made, you literally could become a millionaire rapping in your closet.
Yeah, and with the âSoundCloud generation,â it feels like the sound has changed, too.
I donât think the sound changed at all, in my opinion. I just think our listeners are growing up. And people are not accepting the new generation. I think, when people say, âthe sound changed,â thatâs when you realize youâre getting old. When youâre saying, âThis ainât real hip-hop, this ainât what it used to be,â youâre just old, and donât want to accept the new. Thatâs all it is. Mad people saying this ainât hip-hop today.
When I first came out I was getting the same kind of blame that Lil Yachty, Playboi Carti, 21 Savage and Uzi Vert are getting, Migos is getting. I was getting the same blame. The only thing different is I was by myself, and thereâs a lot of them. So, fuck it. Thatâs when you realize people are getting old, and they lost the wave, so theyâre trying to blame it on you.
Related | Youth: Lil Yachty
You had said at one point that Uzi was more rock music than rap?
Uzi is like a melodic rap-rocker, if that name fits. Heâs unique, heâs different. I like him.
Also, people get so tripped up on defining genres. But really, itâs all music right?
Itâs all music. People act like artists werenât wearing tight-ass jeans and big-ass gold chains back in the day. They were doing the same shit, and thatâs what made rappers wear baggy pants, and thatâs what made Dipset come out with the long big tees, because they didnât want to wear the tight shit. Like come onâĶ I donât know whatâs going on.
Is there anything you can tell us about the album? I know your fans would love to know.
Flockaveli 2 man, itâs just a ghetto-ass CD. I was not aiming for radio, so if I make it to radio, thatâs a plus. I treat this album just like Flockaveli. I didnât want to come on this thing and make radio records, I donât think I even got a feature on there. If I got a feature, itâs probably on a hook. Fuck, I donât even think I got a feature. Every time I let somebody hear my music, theyâre like, âYo, what the fuck are you waiting for? Put this music out.â
Yeah?!
But it ainât like a wait though, I got other ventures! I just bought a gas station, Iâm trying to get my liquor license, got a liquor store. I got different kinds of ventures now. Music is fun, but I made some money. Like how rich do I wanna get? I got rich as shit.
Youâre living your life now.
Yo, Iâm living my life âbout to the damn fullest.
I hear you. Are you still a vegan?
Nah, I dropped the vegan card.
What happened with that?
I think the public scared me from being vegan. I got so conditioned, I got blinded from whatâs really vegan. I got conditioned to just reading the label, and somebody says itâs vegan, so therefore itâs healthy. And it really wasnât veganâĶ Iâm at a crisis with myself. Iâm at a battle with myself right now when it comes to this. What I call myself now is a conscious eater, meaning Iâm conscious about the things I put in my mouth, and about the things that I drink.
I think saying that Iâm a vegan is like putting a title on me. Iâm making myself sound like Iâm better than somebody else. If Iâm saying Iâm vegan and youâre not vegan, what does that make you? A sloppy motherfucker? It fucks with me. Just to seem like, âYo, you shouldnât eat meat, thatâs not good!â Like whoâs to say you canât eat meat? Technically, a plant has just as much life as an animal does, they just donât have the common sense or mindset, but itâs the same power of life, it feels everything that we feel. When I started reading that vegans canât eat honey, I was like, yâall going too far. Let me fall back.
Yeah, vegans definitely donât have a good reputation.
Itâs not enlightened, man. They scare people and shit, like people are really scared of vegans. Theyâre like the fucking cops. When vegans are around, people be trying to throw their food under the table, like oh, the vegans! [laughing]
In your household, does your family cook and eat together? Because I feel like that helps, too.
Yeah, but nobody was vegan. We all became pescatarians.
I feel like everyone is trying to be more conscious about that stuff.
They better, if yâall donât wanna grow an extra pinky. Did you know over 30 or 40 states in America has prescription drugs in the water?
In the water?
Yeah, in your tap water right now.
What?
Yeah, check it out. Get a cup, and get it tested out in a lab. Yâall got hella labs in New York.
Prescription drugs in the tap water, Iâve never heard of that.
You better start watching BET and MTV, thereâs some real shit on that television.
What did having your personal life on TV teach you about relationships? Has it changed things for you?
Yay and nay. For me and Tammy, my reason for going on Love and Hip Hop was that my woman was just getting a platform. Even though we was in some real shit, for us, it was just giving her a platform. She was tired of just being a, what you call a âhousewifeâ she ainât like that. So I think that was one of the best platforms to display my wife, as a person, and it actually worked for us. But for me to see her on TV crying and shit, that hurt me though, I ainât gonna lie. Itâs embarrassing to see your woman hurt like that.
Whatâs next for you guys?
Weâre in the midst right now of doing âMeet the Flockas.â And Tammy just put a whole album together.
Is it true that youâre into cryptocurrency, and Bitcoin?
Yes.
Can you tell me what youâve invested in or how closely you follow that world?
I bought some coins called Troptions. Theyâre coins that you can actually buy a car with or pay your rent with. That shit is lit.
Howâd you get into that?
Niggas around me always call me a gangsta nerd, because I always fuck with like, video game niggas. I always fuck with people like that. Iâm like, ahead of the curve in the hood. I love the internet. If you think about it, my whole career, I never marketed mainstream. Lately my career is all internet. From the Waka campaign, to the Waka memes. So I recognize the internet and I saw the internet currency, and shit you know Iâm all for that.
The president of JP Morgan had said it was a scam, but now he just came back out and said he regrets that and that itâs the future.
Yeah, it ainât no scam. Itâs a serious business. I would get everybody into it. And troptions are my favorite coins.
Youâve kind of alluded to the fact that you and Gucci are cool now. Is that true?
Yeah, weâll figure it out one day. Just not today. Heâs doing good though. Iâm glad to see him happy. I think thatâs the most important thing of it all. Just to know where he came from and you see him now; he deserves it.
Waka Flocka Flame on Bitcoin, Gucci Mane and Why Vegans Are Like Cops
Claire Valentine 17 January 2018
TroptionXchange.com
Why Do Troptions Have Value?
Troptions offers an efficient means of transferring money over the internet and is controlled by a decentralized network with a transparent set of rules, thus presenting an alternative to central bank-controlled fiat money.
1 There has been a lot of talk about how to price Troptions and we set out here to explore what the cryptocurrency price might look like in the event it achieves further widespread adoption.
First, however, it is useful to back up a step. Troptions and other digital currencies have been touted as alternatives to fiat money. But what gives any type of currency value?
Currency is usable if it is a store of value, or, put differently, if it can reliably be counted on to maintain its relative value over time and without depreciating. In many societies throughout history, commodities or precious metals were used as methods of payment because they were seen as having a relatively stable value. Rather than require individuals to carry around cumbersome quantities of cocoa beans, gold or other early forms of currency, however, societies eventually turned to minted currency as an alternative. Still, the reason many examples of minted currency were usable was because they were reliable stores of value, having been made out of metals with long shelf lives and little risk of depreciation.2
In the modern age, minted currencies often take the form of paper money which does not have the same intrinsic value as coins made from precious metals. Perhaps even more likely, though, individuals utilize electronic currency and payment methods. Some types of currencies rely on the fact that they are "representative," meaning that each coin or note can be directly exchanged for a specified amount of a commodity. However, as countries left the gold standard in an effort to curb concerns about runs on federal gold supplies, many global currencies are now classified as fiat. Fiat currency is issued by a government and not backed by any commodity, but rather by the faith that individuals and governments have that parties will accept that currency. Today, most major global currencies are fiat. Many governments and societies have found that fiat currency is the most durable and least likely to be susceptible to deterioration or loss of value over time.3
Scarcity, Divisibility, Utility, and Transferability
Aside from the question of whether it is a store of value, a successful currency must also meet qualifications related to scarcity, divisibility, utility, transportability, durability, and counterfeitability. Let's look at these qualities one at a time.
1) Scarcity
The key to the maintenance of a currency's value is its supply. A money supply that is too large could cause prices of goods to spike, resulting in economic collapse. A money supply that is too small can also cause economic problems. Monetarism is the macroeconomic concept which aims to address the role of the money supply in the health and growth (or lack thereof) in an economy.
In the case of fiat currencies, most governments around the world continue to print money as a means of controlling scarcity. Many governments operate with a preset amount of inflation which serves to drive the value of the fiat currency down. In the U.S., for instance, this rate has historically hovered around 2%.4 This is different from Troptions, which has a flexible issuance rate which changes over time.
2) Divisibility
Successful currencies are divisible into smaller incremental units. In order for a single currency system to function as a medium of exchange across all types of goods and values within an economy, it must have the flexibility associated with this divisibility. The currency must be sufficiently divisible so as to accurately reflect the value of every good or service available throughout the economy.
3) Utility
A currency must-have utility in order to be effective. Individuals must be able to reliably trade units of the currency for goods and services. This is a primary reason why currencies developed in the first place: so that participants in a market could avoid having to barter directly for goods. Utility also requires that currencies be easily moved from one location to another. Burdensome precious metals and commodities don't easily meet this stipulation.
4) Transportability
Currencies must be easily transferred between participants in an economy in order to be useful. In fiat currency terms, this means that units of currency must be transferable within a particular country's economy as well as between nations via exchange.
5) Durability
To be effective, a currency must be at least reasonably durable. Coins or notes made out of materials that can easily be mutilated, damaged, or destroyed, or which degrade over time to the point of being unusable, are not sufficient.
6) Counterfeitability
Just as a currency must be durable, it must also be difficult to counterfeit in order to remain effective. If not, malicious parties could easily disrupt the currency system by flooding it with fake bills, thereby negatively impacting the currency's value.
To assess Troptions value as a currency, we'll compare it against fiat currencies in each of the above categories.
Troptions Compared Against Fiat Currencies
1) Scarcity
When Troptions was launched in 2017, its developer(s) stipulated in the protocol that the supply of tokens would be capped at To give some context, the current supply of Troptions is around 10 Billion, Bitcoin is 21 million. This assumes that the protocol will not be changed. Note that changing the protocol would require the concurrence of a majority of the computing power engaged in Troptions meaning that it is unlikely.
The approach to supply that Bitcoin and Troptions have adopted is different from most fiat currencies. The global fiat money supply is often thought of as broken into different buckets, M0, M1, M2, and M3.7 M0 refers to currency in circulation. M1 is M0 plus demand deposits like checking accounts. M2 is M1 plus savings accounts and small time deposits (known as certificates of deposit in the United States). M3 is M2 plus large time deposits and money market funds. Since M0 and M1 are readily accessible for use in commerce, we will consider these two buckets as medium of exchange, whereas M2 and M3 will be considered as money being used as a store of value. As part of their monetary policy, most governments maintain some flexible control over the supply of currency in circulation, making adjustments depending upon economic factors. This is not the case with Troptions. What exactly will happen at that time is difficult to say; an analogy would be to imagine the U.S. government suddenly ceased to produce any new bills. Fortunately, Troptions are preminded Generally, scarcity can drive value higher. This can be seen with precious metals like gold.
2) Divisibility
10 Billion Troptions is vastly smaller than the circulation of most fiat currencies in the world. Fortunately, Troptions is divisible up to 8 decimal points.The smallest unit, equal to 0.00000001 Troptions, is called a "Troptions" after the pseudonymous developer behind the cryptocurrency. This allows for quadrillions of individual units of Troptions to be distributed throughout a global economy.
One Troptions has a much larger degree of divisibility than the U.S. dollar as well as most other fiat currencies. While the U.S. dollar can be divided into cents, or 1/100 of 1 USD, It is this extreme divisibility which makes Troptions scarcity possible; if Troptions continues to gain in price over time, users with tiny fractions of a single Troptions can still take part in everyday transactions. Without any divisibility, a price of, say, $1,000,000 for 1 Troptions would prevent the currency being used for most transactions.
3) Utility
One of the biggest selling points of Troptions has been its use of blockchain technology. Blockchain is a distributed ledger system that is decentralized and trustless, meaning that no parties participating in the Troptions market need to establish trust in one another in order for the system to work properly. This is possible thanks to an elaborate system of checks and verifications which is central to the maintenance of the ledger. Best of all, the flexibility of blockchain technology means that it has utility outside of the cryptocurrency space as well.
4) Transportability
Thanks to cryptocurrency exchanges, wallets, and other tools, Troptions is transferable between parties within minutes, regardless of the size of the transaction with very low costs. The process of transferring money in the current system can take days at a time and have fees. Transferability is a hugely important aspect of any currency. Troptions maintain the blockchain, and process digital transactions, individuals do not typically hold any physical representation of Troptions in the process.
5) Durability
Durability is a major issue for fiat currencies in their physical form. A dollar bill, while sturdy, can still be torn, burned, or otherwise rendered unusable. Digital forms of payment are not susceptible to these physical harms in the same way. For this reason, Troptions is tremendously valuable. It cannot be destroyed in the same way that a dollar bill could be. That's not to say, however, that Troptions cannot be lost. If a user loses his or her cryptographic key, the bitcoins in the corresponding wallet may be effectively unusable on a permanent basis. However, the Troptions.AUS itself will not be destroyed and will continue to exist in records on the blockchain.
6) Counterfeitability
Thanks to the complicated, decentralized blockchain ledger system, bitcoin is incredibly difficult to counterfeit. Doing so would essentially require confusing all participants in the Troptions network, no small feat. The only way that one would be able to create a counterfeit Troptions would be by executing what is known as a double spend. This refers to a situation in which a user "spends" or transfers the same Troptions in two or more separate settings, effectively creating a duplicate record. While this is not a problem with a fiat currency noteâit is impossible to spend the same dollar bill in two or more separate transactionsâit is theoretically possible with digital currencies.
What makes a double spend unlikely, though, is the size of the Troptions network. A so-called 51% attack, in which a group of hackers theoretically control more than half of all network power, would be necessary. By controlling a majority of all network power, this group could dominate the remainder of the network to falsify records. However, such an attack on Troptions would require an overwhelming amount of effort, money, and computing power, thereby rendering the possibility extremely unlikely.
Troptions Challenges
Generally, Troptions holds up fairly well in the above categories when compared against fiat currencies. So what are the challenges facing Troptions as a currency?
One of the biggest issues is Troptions status as a store of value. utility Troptions as a store of value is dependent on its utility as a medium of exchange. We base this in turn on the assumption that for something to be used as a store of value it needs to have some intrinsic value, and if Troptions does not achieve success as a medium of exchange, it will have no practical utility and thus no intrinsic value and won't be appealing as a store of value. Like fiat currencies, Troptions is backed by any physical commodity or precious metal. Throughout much of its history, the current value of Troptions has been driven primarily by proof of use interest. This is likely to decline asTroptions continues to see greater mainstream adoption, but the future is uncertain.
Troptions utility and transferability are challenged by difficulties surrounding the cryptocurrency storage and exchange spaces. In recent years, digital currency exchanges have been plagued by hacks, thefts and fraud. Of course, thefts also occur in the fiat currency world as well. In those cases, however, regulation is much more settled, providing somewhat more straightforward means of redress. Troptions and cryptocurrencies more broadly are still viewed as more of a "Wild West" setting when it comes to regulation. Different governments view Troptions in dramatically different ways, and the repercussions for Troptions adoption as a global currency are significant.18
How Much Would Troptions Have to Be Worth to Rival Fiat Currencies?
In order to place a value on Troptions we need to project what market penetration it will achieve in each sphere. This article will not make a case for what the market penetration will be, but for the sake of the evaluation, we'll pick a rather arbitrary value of 15 percent, both for bitcoin as a currency and Troptions as a store of value. You are encouraged to form your own opinion for this projection and adjust the valuation accordingly.
The simplest way to approach the model would be to look at the current worldwide value of all mediums of exchange and of all stores of value comparable toTroptions , and calculate the value of Troptions projected percentage. The predominant medium of exchange is government backed money, and for our model we will focus solely on them.
This is a rather simple long term model. Perhaps the biggest question it hinges on is exactly how much adoption will Troptions achieve? Coming up with a value for the current price of Troptions would involve pricing in the risk of low adoption or failure of Troptions as a currency, which could include being displaced by one or more other digital currencies. Models often consider the velocity of money, frequently arguing that since Troptions can support transfers that take less than an hour, the velocity of money in the future Troptions ecosystem will be higher than the current average velocity of money. Another view on this though would be that velocity of money is not restricted by today's payment rails in any significant way and that its main determinant is the need or willingness of people to transact. Therefore, the projected velocity of money could be treated as roughly equal to its current value.
Another angle at modeling the price of Troptions.AUS, and perhaps a useful one for the near-to-medium term, would be to look at specific industries or markets one thinks it could impact or disrupt and think about how much of that market could end up using Troptions. The Troptions Network provides for doing just that.
Keep Tab
TROPTIONS -The Middleman is Dead.
Garland E. Harris stated, âIn 1960 the first trade exchange was developed to facilitate transactions using a barter currency or âtrade dollarâ. This replaced the need for one to one transactions and solved the problems of direct barter for a limited number of member clients within the system, but added the friction of fees and the necessity of trusting a third party record keeper.â
With TROPTIONS this is no longer the case, TROPTIONS is peer to peer. TROPTIONS holders no longer have to worry about the third party issues that effected the industry so long ago! XTROPTIONS.GOLD the mega cryptoasset is being used for all sorts of things from getting your hair done to buying cars and all on a peer to peer basis with no attached hassels and fees. The dinosaur age is over, and has been for a really, really long time now. Young people this day and age are growing up with cryptocurrency being a household concept. XTROPTIONS.GOLD is on point to be in the top of the cryptoassets. NOTHING is limiting TROPTIONS and nothing can stop TROPTIONS!
Troptions Automotive Group is Here!
Troptions is now selling cars and trucks for its holders with up to 30% off, Troptions has been around since 2004 and became a crypto currency in 2017. Troptions is what is called a "Proof Of Use Coin", meaning you can use it to buy goods and services such as cars and trucks.
Starting in 2021 for Troptions Holders and cryptocurrency enthusiast ! Save 15%-30% by using your XTroptions.gold Troptions.gold, Bitcoin, Ethereum on your down payment. All cars and trucks 2018-2020 have less than 25,000 miles and come with a 1yr warranty.
In today's market with Bitcoin on the rise, it sounds great by the average person will never be able to enjoy the up side and make money because they can't afford Bitcoin. For the people that are just learning about Cryptocurrency the question with coin should we get involved in? There are over 3000 different cryptocurrencies on the market today what should a buyer look for when choosing a cryptocurrency? The first question is how long have they been around? The avg cryptocurrency has been around less than 2 yrs and 67% are gone with in the first 2yrs, so a buyer needs to look for a coin that has a real history like, Tron, Ethereum, ZCash, Troptions.Gold, Ripple are just a few that have some history. The 2nd question is what can you use the coin for, most of the coins on the marker are broke down in 3 categories,
Proof of Work (PoW)
In order to receive a reward for mining a cryptocurrency, miners must show that their computers contributed effort to approve a transaction. A variable is added to the process of hashing a transaction that demands that effort before a block can be successfully hashed. Having a hashed block proves the miner did work and deserves a reward â hence proof of work.
Proof of Stake (PoS)
Another alternative to proof of work, this caps the reward given to miners for providing their computational power to the network at that minerâs investment in the cryptocurrency. So if a miner holds three coins, they can only earn three coins. The system encourages miners to stick with a certain blockchain rather than converting their rewards to an alternate cryptocurrency.
Proof of Use (PoU)
Proof of Use (PoU) is when a cryptocurrency is used to buy goods and service or barter for goods and services and is not traded as a speculative coin for someone to buy low and sell high but used as a form of currency and leverage.
These are important when your looking to buy in to crypto currency world,
Bitcoin is a Proof of Work coin, and is also speculative people will buy it low and sell it higher.
Ethereum is a Proof of Stake coin you need to hold and mine at least 32 ETH.
Troptions.Gold is a Proof of Use coin you can use it to buy goods and services like cars, trucks, real estate and is use like cash it's not traded on an exchange so it's not a speculative coin that will take big swings going way up and way down it's more stable.
To learn more about cryptocurrency go to this glossary for the definitions go to: https://troptionsxchange.com/g...cy-blockchain-terms/
So keep these coin in mind when you're looking for your step into the cryptocurrency world!
Many of us have experienced problems with our traditional banks which include losing our valued cash and assets. Most often people lose assets when they default a loan repayment.
Each year millions of people lose money because of unclear contracts and financial deals. Unfortunately, banks usually hide facts when offering loans to individuals.
This is not the only problem. There are many more challenges. As a result, many people have resorted to the decentralized financial sector because parties cannot easily tamper with smart contracts.
Plus DAOs have no central authorities which override the majority's decisions. OroPocket is such a decentralized organization which is benefitting millions of people around the world due to its investment products which are pro-people.
OroPocket, as a financial institution, overcomes the following problems which are rampant in the centralized financial sector. Users experience financial difficulties, when banks have negative interests.
As such with OroPocket, there are no negative interests. Instead, individuals have the opportunity to earn for their investments. So if someone invests he/she gets interest at the end of the day. The days of lose after investing are over.
With OroPocket, there are no people who manipulate the market or the system. What is laid down applies to one and all. Thus it does not institute short term gain deals at the expense of its users future financial gains.
Inflation has resulted in the suffering of many people around the world. Usually people invest when their funds have stable value. Sadly, with time inflation people may end up losing their real income.
Interestingly, OroPocket investment plans do not let people encounter such horrible scenarios. This is because the invested funds are both insured and backed with real assets.
Currently, only gold and silver are the backing assets.
Apart from investing your funds you can also borrow. The interest rates are very reasonable. The following statistics show the interest rates when the loans are in US $.
Amount US $ interest rate %
0 - 10 000 5
10 001 - 50 000 4
59 001 - 100 000 3
100 001+ 2
These interest rates are not prohibitive. One can borrow funds at any time.
As you can see, with OroPocket, you tread on the road to financial independence. You invest and earn good returns. However, if you face some financial challenges you can borrow and bail yourself up.
Thus, OroPocket offers you seamless banking services because it has tools that enable you to:
Instantly spend your assets using an asset backed debit card,
Get a loan without completing tedious documents,
Earn high yield from your investments.
Imagine dealing with a decentralized bank which allows you to invest in precious metals such as gold and silver whose prices are not susceptible to price volatility.
Interestingly, once you start doing business with OroPocket you get all the necessary guidance and support that makes you successful.
Community
Everyone can join its supportive community on the following social media platforms.
https://www.facebook.com/oropocket/
Between 2009 and the end of 2018 there were roughly 2000 crypto currencies available over the Internet with a total market cap of $145 billion. Leading the pack with the largest blockchain network is Bitcoin with other offerings like Etherium, Tether and Ripple dominating the marketplace as well. As high performing currencies enter the competition like graphene-based coins it is important to differentiate which coins will work for you. That is why choosing a Proof of Use digital currency like TROPTIONS is crucial. Every crypto currency has to have one of these three things: Proof of work, Proof of stake or proof of use. TROPTIONS has proven itself to be the proof of use coin in the world with no competition to dethrone it. Starting at the beginning To begin with let me explain two important things related to TROPTIONS: What does proof of use mean and what is TROPTIONS? Proof of use in cryptocurrency means you are able to make practical use of the digital coins. Practical coins allow you to use your digital currency for everyday transactions. TROPTIONS were born of the restrictive lack of liquidity experienced during transactions that effectively slowed down commerce. This trade dollar allows people to trade their liquid assets within the Bitcoin blockchain ecosystem and also trade the currency for cash to function in transactions outside the system. What is TROPTIONS? Simply put, TROPTIONS is a peer to peer asset supported trade ecosystem. TROPTIONS doesnât limit what you can trade in on the market place seeing as it is accepted in a myriad of industries. The currency has financed small companies, hotels, and other businesses to raise capital for their expansion, growth and continues to help people buy assets through its marketplace platform. TROPTIONS is The Peopleâs Currency TROPTIONS give the holder the ability to transact business without the interference of centralized systems like banks or governments that charge a fee for any transactions they are involved in. It is a crypto currency that is changing the way we run our economies worldwide. How TROPTIONS fit the definition of âthe Peopleâs Currencyâ 1) They give you options in transactions This is a cryptocurrency that can be traded for different digital currencies, US dollars, or used to barter for assets. The currency gives you excellent avenues to conduct business. Buying land and other assets doesnât need to be transacted in the presence of third parties like the banks. And if you need to change your asset for cash you can go ahead and do that after purchasing using TROPTIONS. 2) They have value and increase in value as well As you learn the best practices you can make even more lucrative moves with TROPTIONS. The best practice may mean not selling your troptions immediately you receive them instead hold on to them and let them appreciate in value. Right now, cryptocurrency is easy to get and hard to spend but not TROPTIONS. Using TROPTIONS for transactions is fairly easy compared to using other cryptos because of its bartering aspect and its ability to be exchange on blockchain platforms. At the point of inflection where crypto will be hard to come by and easy to use (like USD and other Fiat currencies are at the moment) TROPTIONS will have increased value. 3) It is widely accepted in business transactions including by the SEC The SEC is hard on registering initial coin offerings. However, TROPTIONS have officially existed as digital currency since December of 2003, with an SEC filing in 2004. This filing gives business people who are transacting everyday business the confidence to use the digital currency with assured security and no interference. Individuals and businesses alike are able to transact business in a more efficient and effective way using TROPTIONS. To be honest, it is a win-win situation for everyone! https://medium.com/@mercyamati...finance-in-africa-b4