Don’t Panic: Mainstream Adoption Will Kill the Bear – and CoinMetro is Going to Help it Happen

cryptocontender (40)in #crypto • 7 years ago (edited)

OK, so this might not be the most professional way to start an ICO Spotlight – but I have to get it out of my system early.

I want to go and live in CoinMetro’s little eco-friendly, crypto toytown.

Just look at it:

Hypnotic isn’t it?

Their graphic designer deserves a medal, seriously. The little train… the wind farm… that colour palette. At least publish a full Coin Metro platformer computer game, dude!

I don’t know whether or not this might be a response to the ongoing crypto bloodbaths this year, making me want to escape into a fantasy land… but, actually, Coin Metro may well have a more sophisticated (and achievable!) solution to that problem too.

Barriers to Mainstream Adoption

Let’s face it… we’ve had a brutal start to the year, haven’t we? Whether it was an ex-Mt Gox ‘bear whale’, Binance’s so-called ‘hack’ or the strong words from the SEC about regulation (probably a combination of the lot) something’s got the market spooked and the crypto sphere has resumed the duck-and-cover position and is living through another SIZEABLE correction. The exponential ‘mainstream adoption’ event many anticipated would happen early this year certainly doesn’t look like it’s got started. And the market is haemorrhaging painfully.

But who could blame the financial ‘mainstream’ – and the average guy on the street – for getting cold feet and holding back their funds at this point in time? We can barely get through a month without a negative news story about a major exchange, whether it’s being accused of insider trading (sorry Coinbase), backing tokens with fabricated money (sorry Bittrex), or falling foul of hackers (we already covered this, Binance!). And that’s before we get into how byzantine and difficult these platforms can be for the average (non-trader) person to use… Getting into the wonderful world of crypto is still about as straightforward and user-friendly as rewiring a house.

However, there is one ambitious and promising new ICO that is fired up to help change all that, and they have big plans to systematically start removing some of those stubborn barriers to entry.

CoinMetro’s Solution

Enter CoinMetro – a platform that looks to correct many of the flaws perceptible within the current popular exchanges and will fold the three major components of the crypto market – an exchange, a trading platform, and an ICO platform – into a single, cohesive and user-friendly solution. The team behind CoinMetro, with their collective experience in the financial sector, recognised the critical necessity for a one-platform solution, preventing new-traders from needing to regularly leap-frog between multiple exchanges and wallet services. They imagined a single solution where a new trader would be able to complete the entire journey in a single place: from buying their first cryptocurrency, diversifying their portfolio and moving effortlessly between fiat currency and digital assets. It certainly sounds like a far better foundation for mass-adoption than what we have now.

And as you can see below, not only will their emphasis be on making every element as intuitive and pleasant to use as possible, they will also be offering some sophisticated additional features that no other exchange is currently able to provide (e.g. Atomic Swaps and Turnkey ICO services):

But what I think is even more compelling is the fact that CoinMetro will be extremely progressive when it comes to regulation. I know, I know right – it’s almost a bad word in Cryptoland… but I believe we need to be pragmatic, and recognise that, not only is increasing regulation likely inevitable, but it can actually be a force for good, protecting retail investors and GROWING the market over the long term. Therefore, CoinMetro is making a priority out of being highly agile and adaptable in terms of complying with the rapidly-evolving regulatory environment. Being proactive in this often denigrated area will likely be rewarded – whereas passivity is likely to be detrimental.

So, in the wake of the current crisis, I would strongly urge you to take some deep breaths, make yourself a nice cup of tea and check these guys out. I have barely scratched the surface of the awesome, unique functionalities and innovations they are planning on offering. So read up, do your due dilligence, and maybe, just maybe, it will also make you feel better about the future of this exciting, frustrating market.

Now, if you’ll excuse me , there is a toy town I have to go and stare at.