Recently an exchange called Poloniex was sold for 400 million dollars. Poloniex was started in 2014 and isn’t even the top exchange by volume. If a new exchange can get a good following they can be worth lots of money very fast.
AbacasXchange isn’t going to be just for crypto currencies too. Their concept is unique in that you will be able to trade any type of equity for any other type of equity across different investment types. No joke, you can trade Microsoft stock for Litecoin crypto currency.
One interesting aspect is when you sell an asset you can chose to pick the proceeds in multiple assets. For example, if you sell 100 shares of Facebook stock for say $15000 you can then pick how to receive that $15000. You might want 25% in bitcoin 25% in Twitter stock 25% in an index fund and 25% in cash.
AbacasXchange has a solid team with over 100 years’ experience. They are led by Mark VanRoon and Vincent Small. Both have extensive experience in the financial and banking industries.
How is this ICO rated on top sites? I’m not expert so I do let others ask the harder questions. When researching an ICO project like the Acorn Collective it’s best to review a few different sites to get more than one opinion.
The sites below are all highly respected and I encourage you to check out their reviews before making any final decisions.
On Abacas received a 3.1 out of 5.
gave Abacas a 5.8 out of 10.
rated Abacas a 6.7 out of 10.
Learn more about this project here:
I am not a financial adviser or expert and this blog is not intended to be advice. Always do your own research. I’m just a guy who is interested in promoting projects like this. I may own these coins soon but do not own any at the time of writing this blog.
Being one of the most famous cryptocurrencies, Ripple [XRP] together with bitcoin and other big-shots, is building a base of trading lately despite the massive fluctuation and sometimes violent sell-off by traders. Cementing the third position by market capitalization with Ethereum and bitcoin in front, the digital currency started its adventure as a financial solution and protocol that delivered very fast transaction completion in exchange of an understandable price.
Ripple enthusiasts are looking forward eagerly towards the launch of various projects that Ripple has set on its roadmap to take place like the acceptance of its token XRP as a currency for cross-border payments by WU – Western Union and Santander Bank launching of mobile XRP. When the projects are at their peak stasis, for XRP users trading would be even more convenient and lucrative.
One of the most impacting developments that many are eagerly waiting for to see in action is the Cobalt Algorithm that was introduced by Ethan MacBrough – Ripple employee and a very respected cryptocurrency architect. The official announcement for the implementation of the ingenious-considered algorithm was done on March 27 2018 by Ripple’s team.
The Cobalt algorithm would mitigate the time for a cross-border transaction to nearly 1 second. Previously, Ripple’s cross-border transactions used to take three to four seconds. Therefore, this new implementation would increase Ripple’s speed by nearly 75% which means the number of overall transactions would also increase accordingly. With such a gargantuan boost in a daily transaction, Ripple’s popularity to the traders is very likely to escalate further. The algorithm would accordingly increase Ripple’s reliability as a decentralized transaction platform and make it more stable.
The San-Francisco based startup Ripple [XRP] has just announced a partnership with Hyperledger – an open source initiative, marking an important step on unfolding the infrastructure for their long-term view of the Internet of Value. Both firms were very confident about the collaboration as it comes from companies that are based on the blockchain era.
Hyperledger is an industry-wide open source initiative to advance Blockchain technology, governed by the Linux Foundation. Hyperledger also tweeted the same stating, 14 organizations from India to Switzerland, BVIs to Spain are investing in open blockchain and distributed ledger technologies.
Joining open source collaborative is an important step in establishing an .
We're proud to be a part of the revolution
— Ripple (@Ripple)
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