THE AMBACOIN PROJECT REVIEW

in #cryptocurrency6 years ago (edited)

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Cryptocurrency overall acceptance and use by the global financial institutions has risen in recent years, but still remains rather inconsistent in terms of overall impact. On an the International scale, cryptocurrency adoption is not being taken seriously for now, due to the fact that very few Countries currently recognize Bitcoin and other digital money as a payment tool. This could be largely attributed to the inconsistencies that have surrounded this next generation fintec since it's inception. A large part of these issues ssurrounding crypto adoption have arisen as a result of inconsistencies and prevailent problems that have, either been left unattended, or taken for granted by concerned stake holders.

A cogent problem plaguing global crypto adoption, is that most cryptocurrencies, like bitcoin, are not backed up by real-life (products) shares, thereby leading to uncertainty in predicting the future. This is very discouraging to potential investors, & obviously a potent reason why digital assets' value are inconsistent.

I have for you today, a National Cryptocurrency project, that I can guarantee with, some certainty, will stand the test of time and help drive global crypto mass adoption!

INTRODUCING THE AMBACOIN PROJECT

AmbaCoin is a decentralised public cryptocurrency on the Blockchain. A National Cryptocurrency for the New Nation Ambazonia designed by Ambazonian technocrats. The token is Amazonia’s computerized cash created for its economy. The new, or rather emerging country has about 8 million residents living in the country. It is known for its rich brand resources, for example, gold, gems, countless agricultural products, grungy oil, and more. With this collection, installments can be sent and received only in seconds. AmbaCoin blockchain will rely on the Ethereum parent chain to provide security features while executing transactions on the platform. The blockchain will rely on KECCAK-256 hashing algorithms. This is more advanced than the SHA-256 and SHA-3 variants used in Bitcoin and other altcoins. Since it relies on the Ethereum Virtual Machine (EVM), the transactions are completed using smart contracts. These smart contracts are commands written using Solidity to complete transactions that are based on if-this-then-that logic.

REASONS TO INVEST IN THE AMBACOIN PROJECT

GUARANTEED ROI

AmbaCoin seeks to provide initial investors an opportunity to make rapid profits by offering the coin at a fraction of its real value. ‘Early bird’ AmbaCoin discounts and bonuses will be offered which will allow investors to earn a certain amount of money once the coin is officially launched. The price of the coin will be listed at 4 dollars, however, investors will be able to buy the coin for as low as $2.50 per token using the bonuses and discounts. This represents, therefore, a quick and lucrative investment.

FLEXIBLE AND RECEPTIVE CRYPTO REGULATIONS

Ambazonia seeks to be the first country in Africa to create friendly legislation for the cryptocurrency industry. As a result, AmbaCoin will be expanded to provide African countries with an opportunity to enjoy the benefits of cryptocurrency remittance. This ambitious project will be launched once over 70 percent of the coins are held by African nations.

ASSET BACKED TOKEN

The main benefit that AmbaCoin has over most cryptocurrencies like bitcoin is the fact that it starts as an asset-backed currency. Since it is backed by the Ambazonia treasury, it is supported by the country’s natural resources and future treasury earnings. The nation hopes to introduce a fiat currency in due course pegged with AmbaCoin representing Ambazonia’s future financial freedom.

PROJECT TIMELINE
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THE AMBACOIN [AMBA]

The AMBA coin is the cryptocurrency that will drive the Ambazonia Nation. It is of ERC20 standard and is transferable on the ethereum network. The AMBA Coin will go on trading platforms and exchanges in a few months from now at a reasonable price. The AMBA Coin is backed by a buy back policy from a free and independent Ambazonian Nation. The Ambazonian Treasury does not only address the aspect of cryptocurrency volatility, uncertainties but also serve as a surety to your investment.

TOKEN DETAILS

TOKEN PRICE: 1 ETH = 1000 AMBA

TOTAL SUPPLY: 1,000,000,000 AMBA

PRE ICO: 24 OCT 18–24 DEC 18

PRE ICO AMOUNT: 1,000,000 ctr

ICO: 24 DEC 18–24 DEC 19

ICO AMOUNT: 900,000,000 AMBA

Join the ICO now: https://transact.ambacoin.io

MEET THE AMAZONIAN LEADERS

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CONCLUSIVE THOUGHTS

The success of any project can be hinged on it's ability to meet pre existing problems in the society. National token projects are not very common. Some governments are even kicking against the adoption cryptocurrencies in their countries citing it's anonymous nature as threat their nations' finance system. It is on this back drop that I must commend the Ambazonians. The AmbaCoin project is aimed at revitalizing the quest for an independent Ambazonian Nation. The AmbaCoin will also act as a treasury bill or bond that will be used to fund humanitarian support and other economic projects

That said, please note that the ideas presented here are just a summary of what this innovative movement holds. The AmbaCoin whitepaper holds more information about this revolutionary project . Also, do well to connect with the links below for updates on the AmbaCoin project.

Website: https://www.ambacoin.io

Whitepaper: https://ambacoin.io/whitepaper/

Telegram: https://t.me/ambacoin

Facebook: https://www.facebook.com/ambacoins/

Twitter: https://twitter.com/coinamba

YouTube: https://www.youtube.com/channel/UCuE3hxqHYCiDbEGOZrcBO6A

Username Bounty0x Username : echoe2k4

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