Due Coin (DUEC) : A Blockchain Based Cryptocurrency Platform For Fast Peer To Peer Transactions As Well As Providing Basis For Improvement In ICO Market Place !!
Cryptocurrencies are the currencies of Internet. Basically, they are decentralized and peer-to-peer, that means no government can control them. Their growth is determined by their fundamental as well as demand and suply in economy. There are hundreds of crypto projects launching each day with an ambitious roadmap and promise to become something great in future.
Now, with the inception of cryptocurrencies, a trend also came into existence named as ICO. Intial Coin Offering is the primary way for crypto developers or owners to get funds for their project in exchange of project's tokens. With the initial success of ICO's , some scam coins also came in existence which mugged Millions of dollars by the investors. This has to stop.
Being decentralized doesn't mean ICO's can't be regulated. ICO sale mostly accepts BTC or ETH as payment in exchange of their project's tokens. But we all know very well that sending money to these investors are not secure at all or at least with Bitcoin.But now, a new cryptocurrencies has come into existence to create a whole secure market place where investors can come and get to know more about ICO's while making payments in fairly secure and fast cryptocurrency named Due Coin.
This crypto project name is Due Coin (DUEC)
Due Coin (DUEC) Architecture
Due Coin is a next-gen cryptocurrency project which allows users to transfer money from one place to another instantly with very nominal fees. Due Coin is a decentralized cryptocurrency which means it has no central authority and its value will be determined by laws of Demand & Supply in Crypto verse.
With an open-source and proprietary global payment network technology, this fully decentralized platform will offer significant advantages over the traditional currencies as well as other crypto currencies in terms of speed of transaction, cost, security, inflation, and other external forces.
Created by an experienced team of experts, Duecoin is a full-scope crypto currency that can be used to organize financial assets utilizing the worlds most secure and reliable wallet system. Its top of the line features are focused around increasing the speed and efficiency of the blockchain and integrating that with fiat currency transactions. As a result, those who utilize the new Duecoin crypto currency will enjoy ultra-secure, high-speed monetary transfers at a fraction of the cost that typically comes with moving money between two parties.
How Due Coin (DUEC) Will Help In Regulating ICO Market Place?
In current market scenario, there's a need of proper market place and community work so that people would come there and get to know more about cryptocurrency market as well as ICO crowd sale. Basically, if we talk about current market scenario, there's no market place where one can get true information about pre-token sales and people only receives biased suggestions from random people.
As Duecoin gains momentum a decentralized ICO market place will be perpetuated and established where perspective ICO's will be able to work through a true decentralized market place. Available ICO Sales and interested buyers will be able to participate in a community driven marketplace, free from transfer restrictions and costs associated with the current model. As a direct result of the increase in blockchain efficiency as well as the organically grown market place; Duecoin is set to establish and become the base infrastructure in place to grow and increase accessibility to the Pre-sale Token market, and establishing Initial coin offering (ICO) market place.
The advantages will not only strengthen the success of coin launches, but offer a mature and global market place to further this industry, the community driven structure, and safeguards that will be developed. This will produce an immensely safer environment for buyers to enter this decentralized marketplace; guided accordingly by strong principles and registering productive necessities. The market place will offer sellers an opportunity to enter a largely increased market of perspective buyers should they meet the standards set by the Duecoin and utilized through the DUEC network. Smoothing and speeding the processes further will be in the integration of Duecoin as the primary ICO payment system within the marketplace.
Due Coin (DUEC) Unique Features
Being a decentralized cryptocurrency with Proof of Stake (POS) Model, Due coin offers some unique advantages over other cryptocurrencies which are as follows:The total lifetime cap for Duecoins created will be 840,000,000.
- The half-life of those mined will span 45.4 months.
- Duecoins will have a 4-minute block time with 1,200 coins mined per block, halving every 280,000 (approximately 2 years).
- Duecoin makes heavy use of the cryptographic hash function SHA256, known to be amongst the most secure encryption hashes available.
Due Coin (DUEC) Advantages
Apart from some unique features, there are some advantages to Due Coin as well. Some of them are as follows;
Security
Due coin is one of the most secure cryptocurrency implementing 256Hash security, which is being considered as the most safe and secure systems.
Anonymous
Anonymity also serves an important function when it comes to cryptocurrencies. Due Coin will have all those anonymous protocols so that the identity of the person making transactions will not be revealed.
Nominal Transaction Fees
By eliminating the banking “middle man”, Duecoin allows users to transact for a fraction of the cost that they would otherwise incur with fiat currency.
Value Appreciation
In addition to yielding potential commissions, Duecoin also holds an immense opportunity in terms of growth rates.
Due Coin (DUEC) Main ICO Crowd Sale
Duecoin pre-sale campaign will consist of five flash pre-sales. Each will remain open only for a limited amount of time, spanning up to a maximum duration of twelve hours . 5% pre-mined Of the pre-mined coins, a maximum threshold of 0.6% will be held by the pioneers of the project, and the 4.4% remaining will be distributed during the pre-sale stages.
Methods of Purchase For the pre-sale
Duecoins can only be purchased with Bitcoin, and other crypto-currencies. All the details regarding deposits will be revealed shortly as this project is quite new and most of the things are in progress.
This project is very ambitious and provides great value. Visit their website to know more about them.
Thank you !!
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- Mahatma Gandhi