Crypcore - new stablecoin on Monero
People have always been impressed that cryptocurrencies are scams and worthless, mainly because they do not have the necessary knowledge about these digital assets. Another problem that has always limited the massive use of cryptocurrencies is price volatility. There is a constant fear of losing a lot of your hard-earned money, because the value of a certain coin has plummeted.
Bitcoin was the first cryptocurrency, and it is also a coin that faced extreme price volatility. I remember that I invested in Bitcoin before his first case of price swings, when I suffered big losses. Most of my friends who invested in a new digital asset with me were disappointed and decided to leave the exchange. Although the main goal is to mass adoption of cryptocurrency volatility prevent this.
When stable coins were created, they helped solve the problem of price volatility, but also brought a new problem. Over time, stable coins are gaining momentum as they try to offer the best of crypto space and the world of fiat currencies. People got the opportunity to enjoy the confidentiality of payments and instant processing of cryptocurrencies, and on the other hand, they enjoyed the stable free volatility of valuations of suitable currencies. However, the participation of the banking system was contrary to the reasons why people decide to use cryptocurrencies. These banking systems have introduced monopolization in the process of making transactions with stable coins.
However, the Crypcore project that I am discussing today is to provide the world with a unique stable coin that eliminates price volatility and is provided by other cryptocurrencies. The price of stable Crypcore coins will be determined and maintained using a very simple mathematical equation. With stable Crypcore coins, the user will be able to use all the advantages of blockchain technology without the participation of banking systems.
Principle of operation
The transaction fee on the Crypcore blockchain will be significantly reduced, since the user does not need to pay additional bank fees when buying or eliminating stable coins. This makes Crypcore very convenient and affordable for any user.
Tokensale:
CRYP = 0,00001 ETH
Soft Cap: 3 000 000$
Hard Cap: 7 000 000$
Crypcore is about to revolutionize the whole stable coin scene, eliminating the problem of price volatility and providing its stable coin with another cryptocurrency. I can’t wait to become part of this innovative project and improve my crypto experience in general.
Additional Information:
Website: https://crypcore.com
Whitepaper: https://crypcore.com/crypcore_whitepaper_version_1.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=5191919.0
Telegram: https://t.me/crypcore_group
Twitter: https://twitter.com/crypcore1
Facebook: https://www.facebook.com/Crypcore-106479097438958
My BTT profile: BTCHolder1 (https://bitcointalk.org/index.php?action=profile;u=2532700)
ETH: 0x18572db904FD206d8Ac9AE776186a97c3A71B739
This task takes care of such a significant number of issues, had in the present market.
Interesting project, it is the team that interested me, and judging by the activity and approach to everything, I think it will be a success.
Impressive token metrics, this will drive the price up and put it on the top 100 currencies once it starts trading.
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