SPOTCOIN: BRIDGING THE GAP BETWEEN FIAT AND CRYPTOCURRENCY

The entire blockchain technology has had a huge impact on the financial industry. At the moment, It is one of the most controversial digital asset available. Cryptocurrencies were designed to work as a medium exchange, that uses strong crytography to secure financial transactions, control the creation of additional units and verify the transfer of all assets.

Blockchain technology allows transactions to be done faster and securely. Most cryptocurrency are built on the blockchain and employ its decentralization features. Bitcoin is a popular cryptocurrency that has found its application in real world problems. Asides from opening channels of opportunity people never thought existed, it has also been used to concluded transactions in real time. Blockchain is beneficial as it saves costs, highly secured, transparent and trustworthy.

It is no news that most people in the financial sector see the entire Blockchain network as a threat, that has evolved to disrupt the worldwide economic system. Social medias, Financial organizations, and several big names have all made efforts to put a stop to growth of the technology. Law enforcement agencies and regulatory bodies has also stated their claims against It. There are those who name it a bubble and there are others who say it has the capacity to overthrow the entire worldwide economic system.

Obviously, the problems with most Cryptocurrencies’s adoption is that there has been no basis created that can channel a perfect balance between the financial markets and the digital assets ecosystem. Therefore, the solution the world needs right now is a balanced cryptocurrency, that can serve as a bridge between the real world financial system and the entire cryptocurrency community. This is why the development of a balanced cryptocurrency called Spotcoin was initiated.

Spotcoin has taken up the challenge to create a balance and bridged the gap between the financial markets and the digital assets ecosystem.

What is Spotcoin?

Spotcoin is a Nep5 token platform founded by Andrew Thomhill, Giorgi abuladze, Guram Rukhade, and Natalia Khizanishvili. This platform provide users with an efficient, cost-effective alternative. Spotcoin was founded basically to provide a solution to the increasing demand for the rapid digital to Fiat currency trading. Spotcoin aims to be the missing link needed to connect fiat to cryptocurrency.

As a new user, If you try using the regular exchange out there, it is very possible that you will get overwhelmed. But with the introduction of Spotcoin, that problem is permanently solved.

Spotcoin makes use of NEO, which is an open source, non-profit, community backed with blockchain token platform that aim to create a distributed network"smart economy".
Generally, NEO projects has always been successful. Spotcoin obviously has a brighter future with its different concept. By incorporating dividents weekly distribution of 51% and quarterly 12%, the platform is set to attract investors' attention.

Spotcoin hopes to be the platform that will eventually provide the solution needed to solve real-time problems which most of the emerging markets are facing and bringing cryptocurrency to the masses through the incorporation of the Fiat. When the platform comes online, I look forward to seeing what deposit models will look. I would also like to see if the platform will incorporate digital payment solutions like paypal or skrill on their platform.

By utilizing the NEO platform, the team has propelled this project into the future and It is one of the greatest decision they took. NEO is ideally suited to provide the platform that will support Spotcoin’s vision for the future.
Spotcoin has solved the challenges faced in the OTC marketplace by creating a large volume trade matching, providing trusted intermediary service, efficient marketplace.
In addition, Spotcoin also solved the digital exchange problems (i.e limited Fiat liquidity, complicated, and lack of transparency) by creating an exchange supporting regional fait currencies, simple user interface, and quarterly audits.

Token information

Token Ticker: SPOT
**Pre-Sale Price: 1 SPOT = $0.40
Main Sale Price: 1 SPOT = $0.50
Platform: NEO
Minimum Investment: 50 Spotcoin tokens
Accepted Currencies: NEO, BTC, ETH, SIB, Fiat and GAS
Soft Cap: $5,000,000,000
Hard Cap: $30,000,000
Cannot participate: China, South Korea USA.
Total Token Supply: 99 Million SPOT

Token Distribution

Team

Advisors
They are all well experienced with track records of involvement in past successful projects

My thoughts

I am a huge fan of NEO backed projects and It's nice to see another promising NEO token that intends to add trust to the fragmented landscape of new digital assets, by handling complex transactions faster and in the most transparent way possible. It plans to accomplish this while matching orders, removing market inefficiencies and building a network around management and develop an interface that will allows customers to derive the full benefit of digital assets. I think this might be the biggest ICO of the year.

To learn more about investing in this project, you can click on any of the links below. Cheers

Website: https://www.spotcoin.com/

Whitepaper: https://www.spotcoin.com/whitepaper.pdf

Bounty: https://www.g0blin.com/spotcoin/

Telegram: https://t.me/spotcointeam

Bounty Thread: https://bitcointalk.org/index.php?topic=3173859.0

Twitter: https://twitter.com/therealspotcoin

Authors Bitcointalk link:
https://bitcointalk.org/index.php?action=profile;u=1954514