FIC Network: The Sleeping Giant of ICOs
Far too often do golden opportunities move under the radar in the cryptocurrency scene. Now that ICOs are becoming a standard way of raising funds, it can be hard to sort through the noise and know what projects to trust when being bombarded with information from all angles. However, if you will let me, I am going to attempt to shed some light on a little-known project that has the potential to make some massive waves in the future.
Enter The Debt Market
Let me put this in perspective for you. You have all heard of the stock market, Correct? If you are nodding your head right now, that places you in the majority of the population. Now, the S&P Dow Jones Indices as of 2017 set the stock market value at nearly 80 trillion dollars[1]. However, if we compare this to estimates of the debt market, the stock market is overshadowed; rough estimates place that calculation at over 233 trillion dollars[2]. Let me repeat this for you: two-hundred and fifteen trillion dollars! The debt market is nearly three times the global market capitalisation of the stock market!
Currently, there are no cryptocurrencies projects e fully utilising this debt market. What this means for you as a cryptocurrency investor is that there is an entirely untapped source of endless revenue that you have not even gotten a taste of yet. However, this is all about to change since an undiscovered ICO is about to be released on the horizon.
The Birth Of A Titan
FIC Network does something that no other ICO has attempted up until now. Whereas most ICOs have attempted to carve out their niche against existing regulations and legal hoops by only employing cryptocurrency platforms to engage with these markets, FIC Network merges both cryptocurrency and fiat together in one platform. Not only is the potential of the project huge for cryptocurrency investors, but it also has regular investors uniting on the very same platform to invest in the debt market.
FIC Network represents higher liquidity for investors because of this fusion between traditional markets and cryptocurrencies. Both categories of investors will massively benefit from this liquidity, and in particular this will also give crypto investors a way to cash out into fiat without having to sell their digital assets. That in itself is worth more than its weight in gold. Whether that gold is real or digital will not matter by the time FIC Network launches. The platform essentially makes it the same thing.
You can visit their website here: https://ficnetwork.com/en
[1] Source: http://uk.businessinsider.com/global-market-cap-is-about-to-hit-100-trillion-2017-12
[2] Source: https://images.magnetmail.net/images/clients/IIF_2/attach/GDM_Jan4_vf.pdf
For future viewers: price of bitcoin at the moment of posting is 8411.00USD
Congratulations @saboth! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!