POINS Blockchain Technology: What you need to Know About #POINS and POINS ICO

in #poins3 years ago (edited)

The crypto verse is getting crowded every other day with new coins and tokens getting onboard. The investor community is torn between the very many digital assets options on offer. It is important to always do a thorough background check before adopting any virtual coin. To this end, here is a simplified analysis of the upcoming and yet promising POINS network.

What is POINS?

Just to bring you up to speed, POINS is an upcoming blockchain based ecosystem that is set to offer the highest speeds in transactions through the deployment of the latest Script Algorithms. The system integrates crypto and is billed as the first ever “three in one” ecosystem that is set to solve a myriad of problems where first generation systems have failed.

For one, POINS is an easy to use trading platform and a gateway to trade coins that you previously could not of load into the market. This is a unique feature that will help digital asset holders trade their holdings with ease from a single point; the Poinsdex.com.

The second and the most elusive feature that will give the ecosystem an upper hand in the market is the Poinspay (Poinspay.com) feature that is envisioned to be highly trusted. There is nothing fulfilling like having a trading platform that you can trust with your online wealth and the resulting trades.

The third and most interesting feature in the system is the Poinsku. This will act as the startup hub where developers wishing to build their projects will have all the right tools to build and test the market before going independent. This will help ICOs and other apps come onboard and the POINS ecosystem will act as their initial incubator platform.

How Does POINS System Work and How Holders Benefit?

Any cryptocurrency without a real world use belongs to the trash can. A daily use case digital asset is one area you need to look for before interacting with any blockchain outfit. POIN use cases are clear and you do not have to but the native POINS token to be part of their community; you can simply mine and own your first digital coin.

The promising platform, through the Poinspay feature has a wide range of discounts, near zero transaction fee and these users an upper hand compared to other systems where users are burdened with high transactions fees that reduced the spend-ability of coins making them almost obsolete. 

POINS allows its adopters use their native coin (PIN) to virtually purchase any product or service on offer on the network of through their affiliates and merchants. All you need is just the POINS wallet that will be available through Poinspay.com.

The POINS token usability dos not end at the networks confines; it is tradable and exchangeable with other digital assets in the market. The coin can also be exchanges or traded with the traditional fiat currency and this is a good way of connecting the fiat and crypto economies on a single ecosystem.

POINS is a Highly Democratic Platform

The POINS ecosystem is highly democratic and the decision making power is vested on the community of participants. The network comes fully equipped with a tool that moderates on any project to be initiated on the platform. The voting system is very democratic and takes care of the user needs and avoids conflicts that have led to many hard forks in the industry.

What’s more; POINS token holder are set to benefit from the funds raised from the Initial Coin Offering as these will be used as shares for the early adopters. This will translate into profits and the details of the benefits are clearly outlined in the POINS whitepaper which you need to check out before you sign up to be part of the anticipated vibrant community.

POINS ICO Breakdown

The POINS ICO is live and is running until the anticipated soft cap is attained but here are some facts about the ICO that might interest you.

Project name: POINS ICO

Token ticker: PIN

Anticipated total supply: 90,000,000 PIN

Anticipated hard cap: 20,000,000 PIN

Anticipated soft cap: 3,000,000 PIN

Bonus for distribution 6,000,000 PIN

ICO Token price: 1 ETH = 1,000 PIN 

Accepted coins: ETH and BTC 

With the breakdown, it is easy to note that the platform offers the best entry point into the crypto verse for the experienced traders as well as the digital coin adorer.  The platform looks promising and the early adopter appears to get a whole lot of benefits. However, before you sign up,  check out the POINS official wesite and due diligence should act as your shield before making the first investment step in the crypto-sphere.

Photo credit

User name: Gigpen

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