Black Sea's new vision: Spotcoin
In recent days you've often heard Spotcoin. Spotcoin is a NEO-based Nep5 token project, built in Georgia. Spotcoin is a stock exchange, a payment method, a crypto mining facility.
All these aspects make Spotcoin interesting. Now let's talk about these features.
The Spotcoin Stock Exchange accepts the local currency of the Black Sea region as well as accepting the global money. Spotcoin, initially heading towards the country markets around the Black Sea, will accept various countries' money as liquidity.
Another project is SpotPay. SpotPay, which has many examples in the crypto world, will become a payment method that will spread over time.
The third and final solution is crypto mining. I want to open a parenthesis here especially for Georgia. Georgia has interestingly 15% of the world's crypto mining. The hydroelectric power plants in the country are profitably mining with low electricity consumption. In addition, the Georgian government is very positive about Blockchain technology.
Spotcoin now has a mining facility operating at 10 Mew. In time, they plan to make it 25 Mew.
Spotcoin is a very generous project, along with the features described. The company will distribute 51% of the commissions fee from transactions in the stock exchange to token holders. In addition, 12% of profits from mining and SpotPay will be distributed to token owners every quarter of the year. So you will have extra earnings by holding the tokens.
The total supply of tokens is 99 million. 66 million will be sold. 33 million are reserved for the team. Unsold tokens will burn. Softcap target is $5 million. Hardcap is $30 milyon.
The project follows the road map. Now private sales are continuing. At 1 May, crowdsale will begin. ICO price will be 0.54$ per token.
In short, a project that I believe will be successful, both Neo-based and solutions.
Thank you for taking the time and reading it.
Website: https://www.spotcoin.com
Telegram: https://t.me/spotcointeam
ANN Thread: https://bitcointalk.org/index.php?topic=3173859.0
Great article explaining Spotcoin. I agree, the leaders and team of Spotcoin are generous. I am most impressed with the team due to their dedication and commitment not only to the project but to their supporters as well. Spotcoin is what the crypto community has been waiting for.
Looks like the 2.0 of exchange currencies is upon us, there is no other project currently which will stand on 4 pillars(OTC, exchange, mining, Spotpay) it gives secureness and liquidity to the project, their idea of sharing the knowledge about blockchain and then helping to implement it for companies meanwhile partnering with them to give them liquidity is just great, and this is without mentioning the exchange.
According to the site it's 0.5$, not 0.54$