There's a lot of hype around cryptocurrencies, and we're witnessing a tremendous growth in market capital of the whole crypto economy. I've been following many crypto news blogs lately and every single day there's at least one cryptocurrency which breaks records by displaying a 'off-the-charts' value.
A lot of newbie investors are jumping in (partly due to FOMO and partly due to the overall hype) and investing in different altcoins. This has spiked the growth of cryptocurrencies and there are more than 500 established cryptocurrencies right now.
But let me ask you this...
How many of you use any of the cryptocoins to pay for your bills & expenses in your daily life?
Because, even the top coins in the Coinmarketcap aren't the people's popular choice when it comes to using cryptocurrencies for daily payments.
They're good for storing value and act as a digital gold or digital store of wealth, but when it comes to paying bills, very few people use cryptocurrencies due to high transaction costs and long transaction times.
With an average of 0.01$ transaction fees, everyone will be able to use their cryptocurrency to pay for their purchases in their daily lives without worrying about the transaction costs.
It takes about 3 seconds to confirm a transaction so it's fast and convenient to use.
Moreover, Graft is a non-profit, decentralized and open source platform which is a plus point for all of us who has suffered from the whims of centralized systems.
It has a lot of added benefits to it like:
Head over to GRAFT's official website learn more.
@originalworks writing contest:graft2017
