Motivation for CoinOrigami

in #coinorigami7 years ago (edited)

CryptoCurrencies are becoming more and more popular, specially since 2017, which was called "the year of cryptos", something that seems very obvious when you look at how the market cap went up in just 365 days.

Screenshot 2018-02-05 12.47.02.png

Starting at 17.5B USD and ending in 616B USD, growing 3520% in just a year. Bitcoin and Ether became a trending topic in various communities and platforms, such as Facebook and Twitter. What was so special about 2017 wasn't just that the market cap went up by 35 times, but that other currencies, such as Ether and Ripple, also became very valuable to investors.

Having said this, in a market as dynamic as this one, it is very important for users to have liquidity of their assets. This means, if I have my Ethereum in a custom wallet, and want to exchange it for Bitcoin, I'd have to transfer that Ether to an Exchange, sell my Ether, and buy Bitcoin. This is a 3-step process, which can take hours if the network is congested, plus there's no guarantee that the exchange rate you get in the exchange of your preference, is the best in the market. This means you're subject to lose a bit of your money because you don't have the ability to check all the markets available at once.

But imagine you could have all the information and get the best exchange rate possible. This is what CoinOrigami does. Similar to our competition, Changelly and ShapeShift, we gather the data of all the markets available for each currency that we support, and we do the exchange for you.

CoinOrigami was a project that started because of the inoperability of our competition, we were sure we could build a better product for the community. We've been in the world of Cryptos for a few years now, and we've had problems with our competition's customer support over and over again. Our cryptos were stuck with them, we wouldn't get a response for weeks (even months!), having no access to our funds and sometimes losing a big amount of the money they represented because of market fluctuations.

We believe this is a necessary product for users, but they must have a quick response, with currencies as volatile as Bitcoin, Ether, and other cryptos. That is why by using CoinOrigami, you're guaranteed a 24 hour response from monday to friday.

In CoinOrigami we believe that there are small - local - currencies that deserve attention, as they promise to change smaller communities than the big players in the market. However, it's not easy to access these currencies, as many times they're available in very unknown exchanges. That is why in CoinOrigami, we add currencies we believe that have future and have an intrinsic value in the community they're immersed in.

Screenshot 2018-02-05 13.00.00.png

Chaucha, a Chilean CryptoCurrency, is the first of many to come currencies we'll be supporting that are not supported by most exchanges and change-house platforms. We will also be enabling a voting system, asking our community what currencies they'd like to see in the platform, independent of the country/city/state they're from. Moreover we'll have our team constantly doing research in order to let our users have access to currencies with great potential.

In short, we believe CoinOrigami will let crypto investors have easy access to other currencies, great customer support, and a more diverse offer of currencies, as we'll not only focus on the big players of the market, but on currencies with great potential as well. Try CoinOrigami today at www.coinorigami.io

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