VESTARIN - Marketplace of goods and services for cryptocurrency
Vestarin is a cryptocurrency marketplace for goods and services. You'll be able to list your business on, you'll be able to pay for services with Vestarin as well. Their aim is roughly to unite a lot of cryptocurrency enthusiasts in the same place and a lot of people as you know there’s over 500 billion in the market cap at the moment a lot of people don’t want to cash out into FIAT. Every time they want to use a service or buy something or they have to spend money, they want to keep their crypto and spending crypto so Vestarin then will allow them to do that. a hint for you to go and do so it's just I've just taken advantage of a flash sale as I miss the pre-sale in this one so I thought I might just pick a few hundred dollars worth So the problems they want to solve are the first one is ICO investment problems and the second one is startup problems, third one cryptocurrency holder’s problems fourth one language problems that they are boasting that they’re going to a half their app and thirty languages. Number five is an information problem solving.
The first problem that they're going to address is the ICO investment problem and basically, they say that ICOs are easy to take people's money but there's no guarantee of the continuation of the business after the funds have been raised. This causes the token price to rise when it hits the exchange and then maybe a few high-yield days and then a complete breakdown in the token prices, in some cases not obviously always the case and certainly in some cases this does happen. The confidence is a problem, confidence in the industry and they see this going forward in the sense of a bubble and that people if this happens too often with too many ICO projects will lose credibility and investment will cease. There are solutions to this problem is to a have a marketplace for ICOs and they're going to cooperate with the ICO runners, with a team of experts like specialist developers, investors and etc. to weed out the garbage ICOs and only allow decent well-presented ICOs to be on their platform and there'll be a review platform, there will be an assessment. This will all contribute to the ICO and at the ICO legitimacy on the platform. This will help in terms of legitimizing a project however will this actually be better than any of the other platforms that we have currently? there is no guarantee that team will continue to work on a project if the ICO was a success or a failure. There is no absolute guarantee of that, it's all due diligence. I prefer to do my own due diligence, you might prefer to do yours and you should do. Giving it to a bunch of experts and then just taking their word for it might not be the best ide. The other problem is a start-up problem so their anecdote in their website is a little genius. Writing some code, invent something pretty cool but it needs investments and it needs a team, it needs these people on board to implement and it’s very difficult to do so. Especially for younger people with no business acumen and running your own start-up is something that a lot of people are scared to do. It's intimidating, it's very difficult so what a Vestarin goanna do? well Vestarin are going to allow small startups, individuals and small companies, small businesses to find investors and find a team that can bring your product to the market. With the help of the specialists that we'll have on board through the platform. I quite like this idea that because it is a problem, it is a real-world problem they're trying to solve , I quite like this idea that they're going to bring people together so that you can get your project off the ground and it's a good idea, it's something that would make it a lot easier if you have a good business idea but you are short on the implementation which is the biggest problem usually when it comes to business and startups then this will allow you to find the people that you need without having the hassle of doing so you go straight to one platform, on the Vestarin platform and find your team. Potentially find investors and other specialists that may not be in your area, may not even exist in your in your city for example so opens up a whole new opportunity for startups and small businesses. Another problem is the cryptocurrency holder problem they call it and to describe this, the problem is basically you can't spend your tokens. In most cases you have your wallets as I do I have my assets in my wallets, have my tokens, my coins from different projects, different ICOs and different cryptocurrencies. I can't really spend them, they are just non-liquid within my wallets or on the exchanges. You can change them for other cryptocurrencies but that’s all you can really do with them. That's a problem in itself because we need to spend money of course, we need to survive, we need to buy things every day and it's difficult to do it with cryptocurrency at the moment, it's a problem. They want to basically have a marketplace where other stores that are willing to accept cryptocurrency, can do so very easily on this marketplace. Allow some sort of liquidity of your crypto and in the beginning, they're going to start with VST, the Vestarin token of course and that will perform all the transactions on the marketplace. I think they’ve got a vision to move forward to using more crypto in the future having an exchange and everything else integrated into it.
Website: https://www.vestarin.io
Twitter: https://twitter.com/vestarin
Facebook: https://www.facebook.com/vestarin.io
Telegram: https://t.me/Vestarin
Whitepaper: https://www.vestarin.io/en/whitepaper
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2701796
Authored by: donniedarko
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1720051