The blockchain is an undeniably ingenious invention – the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater.
By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bitcoin, (Buy Bitcoin) the tech community is now finding other potential uses for the technology.
Bitcoin has been called “digital gold,” and for a good reason. To date, the total value of the currency is close to $112 billion US. And blockchains can make other types of digital value. Like the internet (or your car), you don’t need to know how the blockchain works to use it. However, having a basic knowledge of this new technology shows why it’s considered revolutionary. So, I hope you enjoy this before proceeding.
About The Project
In the modern internet space, more and more attention is paid to cryptocurrency investments and the investment market and Blockchain is becoming the cornerstone of modern innovation and has the potential to revolutionize the world. Recognizing this potential, Cycoin have assembled a professional team of budding entrepreneurs and seasoned investors to create an all-encompassing blockchain trading platform. Since cryptocurrency is designed for mainstream adoption, the platform will be a stop-shop for clients that intend to earn huge returns on investment. CYcoin will create a user-friendly system that incorporates both traditional markets and the blockchain based assets.
Cycoin will reshape the management of crypto assets with the emergence of a new business model leveraging a decentralized technology that creates access, increases efficiency and reduces costs. Empowering individuals around the world with a trusted and transparent technology.
Cycoin will discard many of the conventional hindrances and create a fully interconnected global economy that is completely peer-to-peer contributing to improved worldwide capital flow.
Cycoin aim to use tried and observably low risk investment strategies to simply deliver income reward to holders of Cycoin.
What is Cycoin
Cycoin is an ERC20 token based on the Etherium platform bringing all of the established transactions, privacy and security benefits of proven block chain technology to Cycoin holders. Cycoin is a wealth coin, holders will receive an asset backed coin with access to monthly income and quarterly capital distributions delivered as income. 50,000,000 Cycoins will be issued and will be listed on external exchanges after completion of the ICO.
Cycoin is one of the kind ICO that mainly focus on investment and profit for the investor. The token is back with investment asset. To be honest this is one of the unique ICO I have ever seen this year which most of the ICO is focussing on building a platform on which the success depends on the demand of the platform while Cycoin is focused on investment which the success does not only depend on demand but on the success of the investment.
What is the token used for
Cycoin is an asset backed coin, backed by the pool of cryptocurrencies held. Cycoin holders will receive voting power over the cryptocurrency assets held by the Cycoin company (see Coin Democracy). We will hold selected currencies that are established and real (usually in the top 100 by market cap) to take advantage of arbitrage opportunities that arise periodically in the crypto markets and top ten by margin lending currencies. We will also allocate a portion of the fund to invest in curated pre-ICO’s and ICO’s carefully scrutinized and selected by the team and external professionals in the crypto markets.
Cycoin Wallet
A multicurrency wallet (BTC/ETH/CCY) will be developed and distributed to Cycoin holders.
The wallet will connect with the Cycoin blockcahin and will synchronise with the chain as
transactions occur.
Cycoin holders will be required to install a Cycoin wallet and have the wallet connected to the Cycoin block chain in order to receive income distributions. Distributions of income will only be delivered where a wallet is open and synchronized with the Cycoin block chain.
N.B: Unsynchronized wallets will not receive income.
ROADMAP
TEAM
Let me introduce the innovative team behind this amazing project to you.
In conclusion, Cycoin aims to provide new as well as established investors access to the cryptocurrency investment markets with a dependable and easy mechanism to hold a pool of cryptocurrencies which will deliver an income stream, without the headache of scouring through hours of research and manual investing
For more information, download the whitepaper: https://cycoin.co/assets/files/WhitepaperSep2018.pdf or visit the links below;
Website: https://cycoin.co/
Telegram: https://t.me/CycoinOfficialGroup
Facebook: https://www.facebook.com/cycoin/
Twitter: https://twitter.com/Cycoin1
Youtube: https://www.youtube.com/channel/UCa7ypUHyZAHxjGu9zXM6AxA
Medium: https://medium.com/@marko_88512
Reddit: https://www.reddit.com/user/Cycoin1
Author
temillion
bitcointalk profile:
https://bitcointalk.org/index.php?action=profile;u=1839623
ETH Add: 0x5933a3d1f927470f56944159d5aecd7346ebb5c7
