Introduction
Hi dears, another interesting project is being started. First of all, for who missed previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
All this racket of cryptomoney has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of block chain technology.
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptomontages, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agree. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
For this reason, that is why I choose the best of them through an exhaustive study of the main characteristics. Today, the project I am going to present you is the Spotscoin, a complete digital asset management toolkit.
Presentation
Definition
Roadmap
Airdrop
The project gives the opportunity to earn Spot tokens (SPOT) performing some social media tasks and doing simple steps from the bounty program explained into bitcointalk. Here (https://bitcointalk.org/index.php?topic=3173867.0) you can access to the link in order to see what are the conditions to become an early SPOT contributor and start acquiring tokens.
As I said before, Spotscoin (SPOT) (https://spotcoin.com/) is an economic platform that aims to be a complete set of digital asset management tools, including an intuitive interface that will provide access to the markets of digital assets, OTC operations, mining and payments. It is designed to enable fast, cheap and convenient retail transactions using digital assets, and close the gap between legacy financial markets and emerging ecosystems of digital assets.
Goals
The main objective of Spotcoin is to be the union between the legacy financial markets and the emerging digital economy, making the smart economy work for all through empowerment, transparency and innovation in the world, providing a regional authority on chain technology lock and a trusted digital currency.
Benefits
Goals
The main objective of Spotcoin is to be the union between the legacy financial markets and the emerging digital economy, making the smart economy work for all through empowerment, transparency and innovation in the world, providing a regional authority on chain technology lock and a trusted digital currency.
Benefits
- Confidence in the fragmented landscape of new digital assets
- Handle complex transactions quickly and transparently while matching orders and eliminating inefficiencies in the market.
- Fast, cheap and convenient retail transactions using digital assets
- Availability and openness for everyone in the Spot community.
- Self-reflection based on recognizing opportunities for growth and rectifying mistakes to ensure that trust is well placed.
- Integrity, fairness and honesty in each interaction.
Roadmap
| Date | Event |
|---|---|
| 1st Quarter 2019 | Our innovation lab and fund will accelerate breakthrough technology and applications for the smart economy and promote good governance |
| 2nd Quarter 2019 | Black Sea Blockchain Summit 2019 and Increase our mining operations to 10MW capacity |
| 3rd Quarter 2019 | Full-service on-ramp for businesses to move quickly and smoothly into the smart economy |
| 4th Quarter 2019 | Innovation lab test-bed for government partners to safely test and experiment with new technologies |
| 1st Quarter 2020 | Launch Spotpay widget, API and POS system |
| 2nd Quarter 2020 | Black Sea Blockchain Summit 2020 and Digital exchange processing over $3M per day in transactions |
| 3rd Quarter 2020 | New model for the financial institution of the future with a broad network of global partners that is legally compliant and meets the evolving needs of the smart economy |
| 4th Quarter 2020 | Combined support of the Smart Economy ecosystem allowing for 100,000 trades per second |
Airdrop
The project gives the opportunity to earn Spot tokens (SPOT) performing some social media tasks and doing simple steps from the bounty program explained into bitcointalk. Here (https://bitcointalk.org/index.php?topic=3173867.0) you can access to the link in order to see what are the conditions to become an early SPOT contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their whitepaper here (https://spotcoin.com/whitepaper.pdf). You can also stay tuned in their official Telegram group (https://t.me/spotcointeam). I hope you liked the post and soon I'll send you new ones.
Extra details
Extra details
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Very interesting project
ResponEliminaWhen bounty campaign ends?
ResponEliminaThe Spotcoin Bounty is live to July 16th
Elimina1,154,000 SPOT Available worth up to $577,000 USD
*Bounty pool is subject to pro-rated change if the hard-cap is not met.
Join – 10%: 115,400 SPOT – $57,700
Social Media – 35%: 403,900 SPOT – $201,950
Signature – 20%: 230,800 SPOT – $115,400
Translation – 10%: 115,400 SPOT – $57,700
Creative – 25%: 288,500 SPOT – $144,250
Thanks!
EliminaMuy buen proyecto. Uno de los más relevantes de cara a finales de año. A ver qué tal.
ResponEliminaNice, another project that may disrupt this technology
ResponEliminaDoncs sembla interessant, haurem de donar-hi un cop d'ull i seguir-li ben d'aprop a veure què es cou. Bons articles els teus;)
ResponEliminaI tant!! Ara a veure com va la venta de tokens. Esperem que hi hagi prou capital
EliminaWhen ICO ends? I think it is a good opportunity to buy tokens in a reduced Price, isn't it?
ResponEliminaYes it is!
EliminaHi, how the platform works? It is very interesting for me!
ResponEliminaHi Mary, you can see all this info at video presentation I attached in the article.
EliminaMolt bona redacció. Queda clar que es una ICO a tenir en compte
ResponElimina