Price fluctuations is now a thing of the past!
Trade has been the backbone of the community since the human civilization. We have always been indulged in trading. It was the only means of gaining things that we lacked and giving away things that we had in abundance. Batter system was the first steps of trade but then it evolved into a huge market of money exchange and buying and selling of goods. People started selling their goods for a store house of value called money which could further be used to buy something that we needed. But when international trade developed, a new problem arised. The currency of different countries had different values, hence the goods valued in UK where not the same in India. And hence to solve this problem, a currency exchange came into place. It determines the value of different currencies in different terms and hence provides a fix value to a commodity. But when crypto currencies came into the market a altogether new problem came into existence. As the same crypto was tradable in all the countries around the world, the amount was transferred in the fix number of tokens from one country to another. And hyper fluctuations being a feature of crypto, created a huge price difference in the market. A seller who has sent goods of worth 1000 USD and is expected to get bitcoin of the same worth might receive much lesser amount if the value of bitcoin depreciates by the time he receives the payment and transfers it. Also there is a huge requirement of high technological softwares to receive the tokens and exchange them. And as a result, to take these problems head on, a company called SEND has brought a token which can guarantee its price for a specific period of time.
SEND Tokens
This company has a token called SDT which analyzes the liquidity that is there in the network to determine a fixed price for a specific period of time. It uses the consensus network for doing so. The prices are only guarantee on the Consensus network apps, on any other ERC-20 apps the price is not guaranteed. The Platform provides a number of services like Signing mechanism, where every individual is given a unique address where the tokens could be bought and sold. A Built in Escrow system which protects frauds and theift from happening. There is also a voting mechanism which allows the users with a specific amount of token to vote and one of the features of the SDT supply is also that the unsold tokens would be burned, hence the amount of tokens would be specific and all held.
SDT tokens
This is the utility token of the SEND platform. These tokens would be used to make all the transactions on the platform. As it has the feature of fixed value for a specific period, it can also be used at real money every efficiently. And as it has liquid, it would also prove to be a good investment opportunity for investors. The users holding these coins would also get some benefits like voting rights and rewards.
Conclusion
The aim of this platform is to create a community, where there is minimum to no price fluctuations in the crypto market. It would help the people living in countries with very high inflation such as Venezuela or Iran. It would help trade increase and also create a positive impression of crypto currencies in the minds of people and one thing that it will definitely do is make price fluctuations a thing of the past.
Website - https://www.sendprotocol.com/
Whitepaper - https://www.sendprotocol.com/documents/whitepaper.pdf
Telegram - https://t.me/SendKYC_Bot?start=150417502
ANN - https://bitcointalk.org/index.php?topic=4132396.0
Published by - smithjones
Btalk profile - https://bitcointalk.org/index.php?action=profile;u=1936039