The PSYCHE project. Overview.
Today we will take a quick look at the Psyche project.
The developers of the Psyche project gave this name to the project in honor of the famous large asteroid Psyche, which, according to scientists, has a very rich supply of metal, which makes it very durable.
The Psyche project is creating a payment platform that has a number of very important advantages:
A very simple wallet identifier, which will enable not only experienced cryptocurrency users to connect to the wallet, but even a beginner who, literally, saw a crypto wallet for the first time. This identifier is very similar to a bank card identifier.
Easy and very fast transactions, which is important, for example, for traders and other crypto users who use frequent transactions and for whom very high speed of these transactions is very important. The execution speed of transactions on the Psyche platform will be up to 3000 transactions per second.
Ability to reject incoming transactions. This opportunity is a real breakthrough in the field of blockchain technology. But thanks to this function, the crypto user can reject an incoming transaction, for example, if he does not agree with the amount of funds received.
Implementation of signature transactions. In other words, each transaction is associated with a six-digit security code. Only after specifying this code, the transaction will be counted by the network. This type of transaction ensures high security of risky transactions.
The ability to carry out up to 5 free transactions per day, as well as a low commission fee for subsequent daily transactions. The fact is that the Psyche platform uses the RefleX algorithm, which significantly reduces the transaction fees. Thanks to this very algorithm, the project team decided to take the appropriate step and make it possible to make absolutely free 5 transactions per day, after which, each subsequent daily transaction will have a stable commission of 0.25% of the transaction amount.
Confidentiality. On the Psyche platform, not only the user's personal data, but also the user's wallet balance are confidential. The wallet ID will only display the transaction amount and will not display the wallet balances of both the sender and the recipient.
Own token, which was released by Psyche, promises to be stable, and its price will be around $ 1.
As we can see, dear friends. The advantages of performing transactions on the Psyche platform are very interesting and have no analogues on any previously known blockchain platform. These advantageous features are of course very important for any crypto user, and especially those users who, at least occasionally, encounter risky transactions.
To ensure the functioning of the Psyche platform, as well as to attract investment in this platform, Psyche has created its own token - Psyche Coin, which has an abbreviated name USD1. This token is issued based on Ethereum and can be traced using Etherscan. A total of 30 million Psyche Coin tokens have been issued.
At the time of this writing, Psyche is running a private pre-sale of the Psyche Coin token, which offers a very competitive price for this token, that is, from 20 cents per 1 Psyche Coin token. At the same time, only 100,000 Psyche Coin tokens have been allocated for private sale. The minimum purchase amount for Psyche Coin tokens is the equivalent of $ 25.
One of the main features of the Psyche platform is that this project is a DeFi project. Holders of Psyche Coin tokens will receive a guaranteed passive income of 8.33% per month.
Psyche has already partnered with renowned P2P lending company Banky. And this is just the beginning. According to the Psyche project roadmap, the launch of the fully functional Psyche wallet will take place this year, which will actually mark the launch of this platform.
You can get acquainted with the project roadmap in more detail on your own by examining the official website of the project. The official site of the Psyche project is quite extensive and includes many important sections. In the same place, you can study the Psyche project team and see the profiles of team members on social networks.
As always, you can see the official links belonging to the Psyche project at the bottom of this article.
OFFICIAL PROJECT PSYCHE RESOURCES:
WEB: https://psyche.cash/
Whitepaper: https://psyche.cash/whitepaper/
Telegram: https://t.me/psycheusd
Twitter: https://twitter.com/psycheusd
Facebook: https://www.facebook.com/psycheusd
Medium: https://psycheusd.medium.com/
YouTube: https://www.youtube.com/channel/UCnsYrMXJCc7NKZ4eUez_wxw
Reddit: https://www.reddit.com/r/PsycheCoin/
AUTHOR OF THIS ARTICLE:
Bitcointalk UserName: bulalex16
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=908095
ETH-address: 0x67b271e10dc48754863723981cc97afa3a034170