The Future of Money

foxicoreviews (61)in #money • 6 years ago (edited)

Lately, numerous projects are being launched on the innovative Stellar blockchain. This is not surprising, considering that in comparison with the Ethereum network, Stellar provides much faster, more secure, more affordable as well as energy-saving purchases. The ICO, which we will certainly have a closer look at today, is truly massive and ambitious. This is the project of the Argentas economic ecological community. Its primary objective is to make global financial solutions quicker, cheaper, less complicated, a lot more inexpensive, more secure, linking brand-new attributes with an elegant and user-friendly interface.

Simply envision your usual mobile financial application in your phone, yet it combines not only the normal checking account, however additionally the account in the crypto currency, decentralized regional as well as external exchanges, immediate global transfers with a payment of less than one cent, accessibility to credit report, financial investments, economic tools on global degree without borders and also barriers in the type of institutional formalities as well as outside the zone of influence of local syndicates. And also all this in a simple as well as convenient user interface-- quickly, securely and inexpensively!

Normally, to carry out of such a vast job will certainly call for a lot of effort and also sources. The team servicing the development consists of superior specialists from the financial sector, experienced programmers, developers and dreamers, complying with the principles of philosophy as well as ideological background of Satoshi Nakamoto, i.e. the principles of the return of power from centralized companies to average individuals, while protecting their privacy, legal rights and property.

So, Argentas is a task created to address the adhering to issues:

The issue of pricey as well as slow loan transfers. Although that there are already a great deal of jobs trying to resolve this trouble, up until now couple of have actually approached the VISA throughput (50000-- 60000 purchases per secondly). For comparison: Bitcoin-- 7 t/ s, Ethereum-- 10 t/ s, Litecoin-- 56 t/ s, Ripple-- 1500 t/ s, Nano -7000 t/ s). And also in the area of global settlements, the "dinosaur" SWIFT, with an ancient system of contributor financial institutions and an extremely high payment, is still leading.

The trouble of worldwide accessibility to financial resources. There is the job of getting rid of injustice, as an example, in the type of rates of interest enforced by reserve banks: presently, in some establishing countries, car loan prices exceed 50% per annum, which simply freezes their development and also makes them entirely uncompetitive in the international market.

Creation of banks of a brand-new generation, pleasant to crypto-currencies, enabling very easy to get in and present both fiat and digital money.

Creating included worth by getting rid of man-made barriers, which will unquestionably come to be the basis of brand-new cryptoeconomics.

The Benefits of the Argentas ecosystem will include:

Native 2.0 gen blockchain HYDRANET with a transmission capacity of approximately a million deals per 2nd, the trouble of scalability will certainly be addressed by carrying out the Lightnig Network (wise information transfer above the primary blockchain) as well as Smart Sharding. After the launch of Hydranet (the alpha version will be introduced in the first quarter of 2019), the team additionally prepares to establish "defense against a quantum computer", which, under problems of regularly increasing technical progression, is essential.

Native token-- Argentas Exchange Unit (ticker AXU), originally launched on the Stellar blockchain. It is intended to move the token to its very own network after HYDRANET will certainly be launched. In overall, 1,000,000,000 AXU tokens will certainly be provided by the pre-mining approach, i.e. in future, the network will operate on the basis of the deployment of the master nodes as well as in its own HYDRA Protocol, the coin will certainly not be extracted.

Network Infrastructure: purses, decentralized exchanges, crypto-friendly banks.

Decentralized applications (Dapps). These are POS terminals, applications for lending, investing, searching for venture capital and KYC applications for recognizing and also reviewing the customer's online reputation.

ICO information

The cost of the AXU token on the presale is 2.5 AXU per 1 XLM, which has to do with 10 cents. The presale with a 50% bonus offer started on June 8 as well as will last up until the Hard cap is gotten to (100,000,000 AXU). Lately, about 30% of the funds are accumulated. Crowdsale is scheduled for the 3rd quarter of 2018, it is planned to put 600,000,000 AXU available for sale.

30% of the overall number of Tokens, i.e. 300,000,000 AXU group books on their own and also for the succeeding demands of Argentas.

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