The concept of cryptocurrency is hard to miss but the deeper view of it is often not understood. Each blockchain companies have their own way of presenting their products and their tokens to consumers but consumers oftentimes focus on the products or services alone and missed the importanc
Posted June 6,2018 in Economics and Trade.
The concept of cryptocurrency is hard to miss but the deeper view of it is often not understood. Each blockchain companies have their own way of presenting their products and their tokens to consumers but consumers oftentimes focus on the products or services alone and missed the importance of the cryptocurrency. The question now is what can companies do to help the cryptocurrency field and their own? Fortunately, DECOIN made a venture that could contribute to helping the field.
DECOIN 'De Coin of De People' is an open source peer to peer digital ecosystem that has DECOIN or DTEP as its digital currency and D-TEP, an exchange and trading platform that benefits the DECOIN holders in a different way some platform does. The benefits are the profits or revenues of DECOIN as a result of the platform. Too good to be true? To understand DECOIN let's break it down piece by piece and then re-state it simply afterward.
First, D-TEP is the exchange and trading platform that backs up DECOIN and have a Proof of Stake (POS) blockchain protocol and 24/7 live support. D-TEP acts as the place of exchange in the market. It can handle a large volume of data and even execute up to a million match's per second, therefore, the buy or sell can be fast and seamless. With the large volume of data that D-TEP handles, they make sure that every trade, withdrawal, and data are securely stored and protected. Also, D-TEP/DECOIN will have its crypto index or DCI. The DCI acts like the usual index in that it provides possible investment opportunities. Crypto companies are carefully selected to be a part of DCI so companies who want to have access to investment opportunities with these companies will then join the D-TEP exchange. The possible investments will increase the value of DECOIN and also the revenues of the coin holders. That is the benefit that DECOIN holders will get as stated earlier.
Second, the DECOIN or the digital currency DTEP. DECOIN are the coins that can be used in DCI and ICOs for investment but for the D-TEP platform, other coins beside DECOIN such as Bitcoin (BTC), Ethereum (ETH), NEO (NEO), Ripple (XRP), Dash (DASH), Cardano (ADA), Bitcoin Cash (BCH), Stellar (XLM), and Litecoin (LTC) are allowed to be traded in the platform by the customers. Going back to DECOIN used in investment in DCI and ICOs, the trading will create revenue for the members of DECOIN and result for them to receive bonus profits from the cash-outs in index investment. Another advantage of holding a DECOIN currency is the discounts on D-TEP trading thus DECOIN holders are receiving benefits after benefits which is an attractive feature of DECOIN.
Third and last, is the D-TEP Credit card. This completes the picture of DECOIN for easier understanding. The D-TEP credit card enables DECOIN holders to access their profits from trading or as an award and it allows the holder to use the digital currency when and wherever they want and enjoy rebates and cost saving or discounts from selected stores. Now, DECOIN holders have a way to use cryptocurrency regularly and incorporate it practically into their life. DECOIN offers not just one, not two, but five types of different card with varying benefits. The types are Basic, Silver, Gold, Platinum, and Black. You can refer to the figure below for more information about each type of cards in their minimal terms.
Therefore to put it simply, DECOIN's D-TEP platform allows the trade and exchange of different coins including its own digital currency DECOIN (DTEP). It's own D-TEP Crypto Index (DCI) involves selected crypto companies by which customers can have access to those investment opportunities by swapping out their coins with DECOINS granting them access. With the investments and tradings, the revenue increases creating a bonus profit for DECOIN holders. The DECOIN holders then will have free access to their profit and bonuses and can use it regularly through the D-TEP credit cards.
DECOIN Token sale details are as follows:
Price: 1DTEP = $0.9
Hard Cap: $30M
Soft Cap: $4M
Platform: DECOIN Blockchain
Accepting BTC, ETH, and Fiat
For more information and details on the project, find them by visiting their official website or reading their whitepaper. Be updated as to the current events occuring during the ICO by visiting their social media pages.
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3311450