NOW TOKEN: AN OVERVIEW

As the cryptocurrency environment matures, the inherent problems with centralized exchanges present themselves almost on daily basis. One of the purpose of introducing cryptocurrency is the decentralization of finance i.e. to remove trust based issues and to return security and entire control of assets to their owners. By being able to transfer funds across the internet on blockchain, people will be able to make transactions without having to go through middlemen and intermediaries. However, majority of cryptocurrency based exchanges are fully centralized; they require that crypto assets must be deposited on exchange wallet for trading and afterwards, funds are processed for withdrawal. In this situation, if something bad happens to the exchange, funds will be at risk and in most cases, they completely get lost. Other challenges of centralized crypto exchanges and exchanges in general include inefficient customer support service, lack of transparency, non-user friendly nature of some exchangers among others. To solve these challenges and introduce a more convenient system of trading crypto assets on exchangers, ChangeNOW instant exchange was birthed.

ChangeNOW exchange is a decentralized, non-custodial (i.e. does not hold users’ funds) instant exchange that aims to proffer solutions to currently experienced challenges of crypto exchangers in the present world. ChangeNOW instant exchange is designed to provide a simple, safe and convenient way of trading cryptocurrency assets.

FEATURES
• Decentralization: Rather than centralized mode of operation on most exchanges, ChangeNOW aim to make use of a decentralized approach in which users would not be asked to deposit their funds in the exchanges with control of funds being solely at the mercy of the exchange administration, instead they would be able to exert full control on their funds while still performing trading activities on the platform
• Security: Due to the huge volume of funds held within the system, decentralized exchanges are usually the first port of call for hackers and cyber-criminals, hence they are prone to hacks and breach in security which in turn leads to loss of users funds. ChangeNOW exchange, with the use of decentralized technology guarantees users of a secured trading environment that is free of hackers and cyber criminals
• Transparency: ChangeNOW exchange guarantees a platform that will be transparent to users in every of its operations
• Swift transactions, no hidden or inflated charges
• Excellent customer support service: A major setback of cryptocurrency exchangers nowadays is inability to get a response to their issues whenever they have one. Most times, customers’ mails don’t get attended to for over one month while in some cases they don’t even respond at all. Such act is discouraging and frustrating to customers who have invested their funds in a system them thought they could trust. ChangeNOW will solve these problems by having in place an ever ready support team who will provide swift responses to issues in the shortest period of time. The team would be accessible and responsive at all times.
• ChangeNOW offers a user-friendly, easy to understand interface which does not require the complexities of having to deal with private keys, hashes etc.

TOKEN (NOW TOKEN)
The token to be used is known as ChangeNOW token (NOW). It is based on the ERC20 smart contract i.e. ethereum blockchain. However, the move to the EOS blockchain is being considered by the team. NOW tokens will serve as a means of payment for listing and featuring new coin on the exchange. It would also serve as a form of rewarding users of the platform.
Tokens have recently been launched (Q2 2018) and a total number of 200million NOW tokens are issued.

TOKEN INFORMATION
Name: ChangeNOW token
Token ticker: NOW
Type: ERC20
Total Supply: 200,000,000 NOW
Private sale price: $0.2
There would be no crowdsale for NOW tokens, tokens could be gotten by participating in the NOW token bounty campaign.

For more information about NOW tokens, kindly visit:
Website: https://changenow.io/
Whitepaper: https://changenow.io/files/WhitePaper._NOW_Token._v1.2.pdf?v=1.26
Facebook: https://www.facebook.com/ChangeNOW.io/
Telegram: https://t.me/NOWtoken_Bounty
Bounty Thread: https://bitcointalk.org/index.php?topic=4470601.0
Writer: Crypto4ruby
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1788350