Hoard, A Decentralized Multi-Currency Wallet, Resolving the Issues Affecting the Crypto Industry

flintcode (37)in #ico • 6 years ago (edited)

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Introduced with the goal of simplifying crypto trading, investment, and storage by offering all these services at the same platform, Hoard is a new decentralized platform assuring minimal fees, exceptional security, and a trouble-free journey in the crypto industry.
You can consider Hoard as a crypto wallet which offers several amazing features. It offers investment solutions, trading solutions, and coin swaps. There are many other interesting facts you would like to know about this platform and the OAR token before you plan to participate in the ICO event. So, let’s find out what is Hoard all about.

What issues is Hoard aiming to resolve?

There are quite a few issues which Hoard is aiming to resolve by offering the most effective solutions. Fragmented digital and financial services put many challenges in front of common users. Though a variety of crypto apps are available, their complex user interfaces and functions affect the user’s ability to operate them effectively. The crypto transactions become more intricate due to blockchain incompatibility. Centralized and slow financial managed through the traditional banking system also puts several challenges in front of the users. All of these issues affect the users’ experience and cause a considerable loss.

What solutions is Hoard offering to resolve these issues?

The conventional approach is to focus on the process and not on how the consumers deal with the solutions offered. Hoard wants to change this approach and offer people-centric solutions. These are the solutions offered by Hoard:
• Hoard is offering a solution in which the users will not rely on multiple applications to manage their crypto assets. It is providing a single app through which the users can purchase, trade, store, track, spend, and sell their crypto assets. It is featuring an integrated wallet through which the users can perform these tasks.

• If a secure bridge between cryptocurrency and fiat money environment is created, the users will feel more confident and invest more in the crypto assets. Hoard is offering a trusted and safe bridge that is KYC/AML compliant and FINRA/MSB regulated.

• Featuring a platform that has an interface and compatibilities which can meet the demands of both novice and experienced investors. This platform is providing a simple but sophisticated interface to access its services.

• It will make instant cross-chain transactions easier. It will help in avoiding the delay in any great chance of investing in a beneficial crypto asset.

• Hoard also believes that implementing blockchain technology-based solutions in the traditional financial services is necessary. It can transform the whole financial sector and help those financial institutions in meeting all the demands of the customers.

Hoard is currently creating a decentralized crypto wallet in which the users can hold multiple crypto assets. In addition, this platform will also create an integrated fiat-based crypto exchange to allow the participants to trade their crypto assets within the Hoard ecosystem. It will develop and feature a 2nd-Layer, cross-chain payment protocol for regular cross-chain transactions. According to Hoard, all of these solutions are available in the crypto industry but scattered. The users face a lot of troubles because they need to switch to different apps and platforms in order to complete the required operations. Hoard will act as a one-stop destination for all the solutions.

Hoard Beta App

To request beta access on your device

The SMAUG protocol:

As the whitepaper depicts, Hoard believes in keeping things simple, integrated, and scalable. Today’s users want fast and effective solutions and blockchain-powered crypto assets and their applications have certain limitations. The industry is still considering blockchain based assets suspicious and unreliable and therefore these new currencies are not as popular as fiat across the globe. The blockchain technology has brought necessary reforms in the financial and other sectors which will benefit the investors, traders, and common users.

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The blockchain technology removes central authorities and brings the power back in hands of the users. The participants in a blockchain network constantly offer their support and services to the network they use. Sometimes they get rewarded and sometimes they do not. Though the blockchain technology is beneficial for today’s fast-growing financial sector, it is still new and complicated for numerous users. The customers find it pretty difficult to learn how to use the blockchain powered platforms. Their complicated interfaces cause a lot of trouble due to which the consumers often miss some great investment and trading opportunities.

Hoard is aiming to re-engineer the connectivity points of the crypto assets used by the consumers. It is using the SMAUG protocol to address and resolve this issue. This protocol will offer the following solutions:

Immediate transactions across any blockchain that is based on smart contracts and by using any cryptocurrency.

When there is transaction VS manual coin consolidation, this protocol will immediately and automatically swap the users’ holdings.

It will disengage the dependence on any precise foundation, chain, or exchange.

Hoard is developed with by keeping the goal of simplifying and perking up the crypto commerce industry. The SMAUG protocol will play a key role while this platform will offer its services actively.

Hoard’s Cold Storage as a Service:

The CSaaS service offered by Hoard assures exceptional security. It can immediately and safely locks down the crypto assets you hold offline and yet it maintains instant liquidity. The CSaaS service will be useful for the Hoard users because they can use this cold storage to protect their cryptocurrencies. Issues like missing keys, physical damage to the storage, forgotten passwords will not trouble you anymore if you have implemented the solutions offered by Hoard’s CSaaS system.

Tokenomics:

Hoard will launch the OAR tokens during the ICO. You can join the ICO and crowdsale through the official website here
These tokens will act as general utility tokens and their price can quickly rise because numerous investors are interested in the Hoard project. The demands for OAR tokens will increase and consequently their price.
Current Price: 0.06 USD
1 HOARD = 0.00025000 ETH
1 ETH = 4000 HOARD

Final thoughts:

Hoard is targeting the flaws exist in the blockchain-powered platforms due to which the users cannot leverage the maximum benefits of these platforms. Hoard is offering feasible solutions for the issues reduce investors’ interest in the crypto assets.

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