What is SmartCash?
SmartCash (Smart) is very similar to bitcoin in terms of use and function. SmartCash is digital currency that can be used to purchase goods and services similar to bitcoin. It has value in the world market and currently trading in Cryptopia, Hitbtc Coinexchange and Ether delta. Now some of you might be asking if Smart is so much similar to bitcoin why have it in the first place isn’t it redundant? Actually not at all. You see even though Smartcash and bitcoin have their similarities they are very much different in terms on how they are run as a community and on its development. Unlike bitcoin which rewards mostly the miners Smartcash is very community-centric where community and development comes first. In fact 80% of the block reward is allocated to fund SmartHive community proposals and the Hive team. 70% or the 80 percent allocated in the block reward will be used to fund projects the community would like to pursue, while the remaining 30% of the 80% reward block will be used to fund running the SmartCash system. The remaining 20% percent is apportioned to the miners which earned only 5% and SmartRewards 15%.
Great effort has been made to make sure that the community will play an active role and say in SmartCash which in my opinion has been thoroughly lacking in the bitcoin community as majority of the say on the development of the coin and its direction relied heavily on those who has mining power and bitcoin holdings.
Currently the price of the SmartCash is around $.09 (at time of this writing) which is quite amazing since the first time I saw this it was valued at $.01. I don’t see any reason why it should not reach $1 or even $10 in the near future. Yes everything is possible and I see great potential in this coin. It has reason to as high as $.12 but due to some vulnerability in which a hacker was able to mine a couple of million coin prices for the past days were lower. However the development team was quick to resolve this issue and promised to burn SmartCash an equal amount of coins that was stolen to stabilize the supply of the coin. It was a clear example on how agile the development team and by voluntarily burning coins shows great responsibility on their part (although they have not actually burned it yet).
As you can see we really have a great community at SmartCash. If you want to be part of the team and earn some free SmartCash join our community at Team SmartCash. There are so many other cool features in SmartCash and I will discuss them in great detail in another post it won’t do justice if I cram them all here in one article.
To join please visit this steemit post:
For more information about Smartcash you may go directly to their site:
Thanks for the info but how do we know this isnt just another pump and dump?
Any cryptocurrency can turn into another pump and dump any time. It is free market and the pump and dump groups can choose whatever coin they choose. If you look at the volatility of cryptocurrencies compared to other assets one can say that cryptocurrencies in general are pump and dump assets. Even bitcoin at some point has been pumped and dumped. What i liked about smartcash is that it has value outside the cryptosphere. Here is a an example of what i mean by its value outside of cryptosphere:
https://steemit.com/smartcash/@smartcash/smartcash-taking-venezuela-by-storm-community-updates
In fact smartcash developers was even invited in the Humanitarian Blockchain Summit which is backed by The United Nations Office of Information and Communication Technology:
https://steemit.com/smartcash/@smartcash/smartcash-presents-at-the-humanitarian-blockchain-summit-in-new-york
Of course I am not an expert on this matter. It is just my opinion on smartcash.
Ok, thanks for the links. I will have a closer look at smartcash on your recommendation.
v+r
Thanks for the upvote red. I really appreciate it :)
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Kumusta @ankarlie
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I would love to join the circle!
Hi sir! the link for joining the untalented family is stated above. You might also want to check out this.
https://steemit.com/smartcash/@smartcash/we-have-officially-launched-team-smartcash-on-steemit-rewards-for-posting-paid-in-smart
That's awesome!
Awesome indeed!
Good! 😎
Thanks for your compliment :)
You might want to join the team :) https://steemit.com/smartcash/@smartcash/we-have-officially-launched-team-smartcash-on-steemit-rewards-for-posting-paid-in-smart
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Maganda ang post mo. Upvoted
Salamat po. Sir you might want to join the team sir how about it its free crypto that we can share here at Steemit?
I already a member :)
@smartbot tip @ankarlie 10
Σ$$$ Tipped @ankarlie
Σ10 SMART
! Comment@smartbot help
to claim. Currently the price of SmartCash in the market is$0.073 USD
perSMART
. Current value of the tip is$0.73 USD
. To find out more about SmartCash, please visit https://smartcash.cc.Thats for the tip sir much appreciate it :)
img credz: pixabay.com
Nice, you got a 58.0% @flameburst upgoat, thanks to @ankarlie
It consists of $0.45 vote and $0.15 curation
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