ACCESSIBILITY TO CRYPTOCURRENCY THROUGH SPOTCOIN
Crypto-currency is a digital currency for which encryption methods are used to regulate its use and generate a release. Unlike FIAT currency like US dollars, EUROS and YEN. Crypto-currency is a digital currency which is not regulated or controlled by any bank, government or financial authorities.
Rather, it depends on the power of the internet to guarantee its value and confirm transactions. Verification is been done by the users on the network which is been put on public record to prevent issues of double spending.
Accessibility and Easy flow of exchange between crypto-Integration of Blockchain technology into the OTC market is very important in which only Spotcoin platform has introduced this method. Despite its importance, users still find it very difficult to exchange their FIAT money for cryptocurrency and vice-versa due to the process of exchange involved. This and many more is what SPOTCOIN project has come to rectify through the use of SPOTCOIN.
Crypto-currency is release to the world through a process of mining. For a miner to mine any crypto-currency lots of works need to be done and put in place which involves the process of computing, calculating puzzle known as a hash, which allows users to add the next block. These proceedings are recorded in the blockchain for all to see.
Some of the equipment required for mining includes Mining Hardware, Mining Software, and Crypto-currency wallet
SPOTCOIN
This is the platform that introduces the application and integration of blockchain technology into the OTC market. It tends to rectify the issues of inaccessibility to crypto-currency exchange. https://www.spotcoin.com platform started a transaction through the use of OTC in November 2016 which it intends to become the largest market of OTC trades.
The main objective of SPOTCOIN is to bring direct access and easy flow of transaction of crypto-currency to its users through its platform. It intends to increase the whole trading capabilities through the acquisition of all necessary documents for smooth operations without any restriction
Spotcoin exchange platform will allow trading of ETH, GAS, BTC, and SIB which are the major digital coin with FIAT through the use of order matching engine which this a good and welcome development to the users of the exchange. All the equipment and facility for a successful mining operation is in place which includes a $3.25M facility that uses hydroelectric power. There is enough hosting facility to accommodate GPU miners.
SPOTCOIN TOKEN
This is a token that will be used to perform all sort of operation on SPOTCOIN PLATFORM with a maximum supply of 99,000,000. It is based and launched on NEO BLOCKCHAIN network which is the best for the project
Token Symbol=> SPOT (NEO BLOCKCHAIN)
Token Use => Dividend Token
ICO DETAILS=>
ICO price => $0.50 per SPOT
Quantity Allocated to ICO=> 66,000,000 SPOT
Minimum Purchase=> 50 SPOT
Maximum Purchase=> 1,000,000 SPOT
Soft-cap=> $5,000,000
Hard-cap=> $30,000,000
TOKEN DISTRIBUTION
6% of the total supply has been allocated for Marketing
8% Allocated for Team
19% Allocated for Treasury
67% Allocated for Token sale
FUND ALLOCATION
40% Allocated for Technical Development
25% Allocated for Marketing
20% Allocated for Administrative and Accounting
15% Allocated for Legal
PROJECT TEAM=>
ROADMAP=>
USEFUL LINK
Whitepaper=>https://www.spotcoin.com/whitepaper.pdf
Website=>https://www.spotcoin.com
Facebook=>https://www.facebook.com/spotcoin/
Twitter=>https://twitter.com/therealspotcoin
Telegram=>https://t.me/spotcointeam
Reddit=>https://www.reddit.com/r/Spotcoin/
Bitcointalk=>https://bitcointalk.org/index.php?topic=3173859.0
Youtube=>https://www.youtube.com/channel/UCpNwYXK1JMJpaRBKyYqqDIQ
Linkedin=>https://www.linkedin.com/company/18247336/
Medium=>https://medium.com/spotcoin
Bitcointalk Profile=>https://bitcointalk.org/index.php?action=profile;u=1328480;sa=summary
Bitcointalk Username=>Lekatoo
Writer=>Lekatoo
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I have a better understanding of Spotcoin project now. But what is the full meaning of OTC market and what is it all about?