ICO Analysis: ABACAS - "Any Asset, Anywhere, Anytime"
If you follow me then you know I commonly look into ICOs because, if a coin takes off, it's better to have gotten in earlier than later. The image above is from Abacas's website They are the ICO I've most recently been looking into. Their motto is "Any Asset, Anywhere, Anytime."
According to their whitepaper, "The AbacasXchange is a new system for the registry and peer-to-peer exchange of tokens, mosaics and less liquid cryptocurrencies through highly liquid cryptocurrencies and asset tokens known as Gateway Assets (BTC, ETH, XEM, etc.)" Basically, Abacas is about asset exchange and bartering. They will allow trading any time of day with any person around the world with blockchain technology.
On their exchange, you trade with digital, tokenized assets. These are identified by a unique Abacas Token ID. This coin is a bit more complex than some of the others that I've mentioned, so I recommend you check out their website here or their whitepaper here.
If you liked this, you might also like:
"Ripple fully funded 100% of live DonorsChoose.org Classroom Projects"
https://steemit.com/cryptocurrency/@kylie-steem/ripple-fully-funded-100-of-live-donorschoose-org-classroom-projects
Abacas has completely redesigned their website. Check it out at:
https://token.abacasexchange.com/
You might want to change the links in the article :)
Thanks for letting readers know! That was the accurate link when I posted. Unfortunately, this platform doesn't allow you to edit posts if they were posted over a week ago, so I cannot update the links. I'll give you an upvote so readers see the new link though!
Check this game out, look close with an open mind with what this new concept is doing with open source Ethereum ERC-20 smart contracts, decentralized exchange and passive income. The game has passed the crypto kitties game on the Dapp Radar. The smart contract is coded to tax 10% of the ETH. when users purchase the (P)roof (O)f (W)eak (H)ands tokens and divides the ETH. tax to people who are already holding and also 10% of when users sell “20% total”. The name of the game is to hold as long as you can while you get earnings from the constantly taxed “Strong hand” buys and the taxed “weak hand” sells. If you don’t want to play anymore, you can pull out all your earnings all at once but with a 10% tax fee that gets divided to the stronger hands. This is what the ERC-20 smart contract is programed to do. Doesn’t hurt to look at the contracts open source code at least, don’t let the opportunity pass you by.
https://powh.io/?masternode=0x32c37e7ca38be1f85cd9e85c81ac9b6730f43e3e