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Hey Zigi Team, What a wounderful network this cold be, wish you the best of luck on the project. I have just checked out some of the websites you listed above, very interested in this BIO CHIP Near Field Communication. "It does not contain a battery, tracking systems or any GPS elements. " I have been reading up a little to get more of a picture on how this will run out in the future. Anychance you can add anymore information about location for bookings?. Im UK based  All the best Mike |
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Awax Blockchain Of Trust. offering this platform peeps, any thoughts?
The evolution of a new wonder in the horizon
The hype around Bitcoin and other crypto currencies has ebbed to a large extent. It is a phase of consolidation in the market. However, consolidation may be too far-fetched a word to describe the cryptocurrency market. In fact, it is in no way similar to a stock market. For the past few months, all the currencies are experiencing huge swings in value. What is more, even intra-day swings to the extent of 50% are regular. That makes it a very troubled market to invest in. In reality, people are afraid of investing in this market. It needs a platform through which investors can use cryptocurrencies as a medium of exchange. Only when it is used as a medium of exchange can the cryptocurrencies gain some kind of credibility. AWAX has lent that credibility to cryptocurrencies.
AWAX
This is a trading platform that encompasses a diverse set of asset classes, not just cryptocurrencies. By doing so it has enabled investors to invest in Active Coin Managed Funds and Exchange Traded Funds through cryptocurrencies. This indicates that the platform imparts an exchange value to cryptocurrencies. The currencies were in utmost need of a exchange value. Without exchange value, it cannot be called a currency. Money must have a store value and an exchange value. Cryptocurrencies are lacking the exchange value. This is a severe shortcoming of cryptocurrency. The lack of value for exchange also limited its trading since investors always want to exchange it for fiat currencies. Such an exchange is not only hassled prone but also expensive. AWAX has tried to address this problem. It has designed the platform in such a way that investors can invest in other asset class by cryptocurrency. It has a number of asset classes to invest in such as active coin managed funds, exchange-traded funds etc.
How The System Works
The system works on the strength of Proof Of Asset tokens. This is a unique feature of AWAX. Here, you can invest in cryptocurrencies as well as in other assets such as exchange-traded funds and active coin managed funds. Once you invest in an asset class, the platform issues a number of tokens to you. These tokens together represent the value of your investment in the underlying asset. The unique feature comes into play from this stage. Traders can invest these tokens in other asset classes. So if a trader has invested his fiat currency to buy cryptocurrencies, he can invest the corresponding Proof of Asset tokens to invest in exchange-traded funds or active coin managed funds. So what it does is to basically spread the risk across different asset classes. It is very unlikely that all asset classes will face a depreciation in valuation together. In fact, it is very likely that if the value of cryptocurrencies takes a beating, the value of exchange-traded funds will increase. It is a kind of hedging mechanism for cryptocurrency investments.
Smart contract and trading
The smart contract system is the backbone of this system. This system is inherent in Blockchain technology which has been used in crypt currency transaction for a long time. This technology seeks to do away with problems associated with the distribution of profits and resources. Blockchain technology ensures that participants don’t have to rely on trust between the transacting parties. Coins and dividends accruing to a particular investor get automatically stored in his or her account in AWAX. However, the most important feature of this platform is the Proof Of Token. This is the most notable feature of AWAX. This Blockchain technology-driven platform conducts the entire operation through smart contracts. So, whether it is about allocating dividends or coins to a trader or investing in a particular asset class, the system takes care to see that each transaction is carried out meticulously. The system executes self-executable contracts.
What is it
When a trader invests in an asset, such as crypt currency, exchange-traded fund or active coin managed the fund, the system issues him a proof of that investment in the form of tokens. These tokens represent the asset that you have invested in. You have the flexibility to use these tokens to invest in other assets in AWAX. If it is a proof of asset for cryptocurrencies, you can invest these tokens to invest in exchange-traded funds. This way the platform helps the investors trade smartly.
In essence, this system allows investors to hedge their investments in one asset by helping to invest that asset in a different asset. This helps in spreading the risk over a different asset class. The token issued by AWAX is an asset here. This is a big relief for investors since they don’t need to convert the tokens into fiat currencies. Exchanging cryptocurrencies for fiat currencies is not only hassle-prone but also expensive. Traders don’t need to tread that path at all. Usually, cryptocurrency investment generates a demand for fiat currency due to the need for exchange. With AWAX you don’t need fiat currency to invest every time. So there is no concurrent increase in the demand for fiat currencies. This is a departure from the system in vogue and this is the unique feature of AWAX.
Medium of exchange
Why do people need money? They need it to exchange it for items of utility or necessity. So money must have an exchange value, but cryptocurrencies don’t have it. Investors cannot use the coins to purchase something. This is where AWAX has tried to shed some light. Through this platform, you can invest in other assets such as exchange-traded funds, active coin managed funds etc. So you can invest in cryptocurrency, get the Proof Of Asset tokens from the AWAX system and invest these tokens in other assets such as real estate, coin managed funds etc.
Other features
The system has tried to address problems like counterparty risk, high volatility in cryptocurrency, trading restrictions etc through.
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MORE AMAZING WORK FROM GAGAPAY
What a great Team your company holds. Very impressed with the way you, not only release a great gift to the crypto space, but in such a small space in time you have manage to delivered so much more with more already incoming
YOU ARE THE BEST ICO TO DATE ON BITCOINTALK
Keep up this amazing Professionalism and i look forward to being a part of this great journey
Regards
Mike
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GAGAPAY you are the best. thank thank THANKYOU . just checked out the NEO Conference in Amsterdam, Gagapay took the Merit award from NEO. Looking bright future with this fast moving company. if you want a team who make waves then GAGAPAY proves time and time again they mean business. I will be all in on this 1 peeps )) |
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WOW what a nice gift to the crypto space, all over you GAGAPAY |
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Have to say this looks very promising?  http://www.gagapay.comAny other miners had the chance to use this site??, if you could be so kind and let me know Also heard of civic coin? and saicoin, said to be going on a bull run, is this just BS or ? EDIT ...... update!!! March 2018. I had this all wrong my information was bad. its not a Trading platform like what I thought... it even BETTER Gagapay Network- smart marketing powered by NEO The build-your-own platform for creating affiliate, referral, network marketing and loyalty reward programs powered by smart contracts! The all-in-one smart marketing platform powered by NEO smart contracts. not even live till march 23rd this year .. but looking much more promising now |
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how can i mine this coin?
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I use this company https://btcery.com/about I joined around 7 months ago, How come you guys didn't list this as the rates are better? I must admit I was with Genesis, after the scam there I will never use them again, I see this listed above as a good company??? just another question of the topic, bitcoin value in 5 years??? any predictions out there want to Mystic meg HEHE Mike
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UPDATE FIRST 30 DAYS Hello gang, Back just add some feedback on https://btcery.com first 30 days on their network. My miners are working hard with no downtime, and all my profits add to the correct totals. So I am very happy with their service, no issue, and no troubles I have also moved more all my miners to btcery. Coin on the rise so happy days ahead Mike |
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Well, i live close by so first I took a drive over to see the setup, and now I have installed my miners into the depo. They even Air clean my hardware free.. so that little more goes a long way with me I will update in the next 6 months for a full review on btcery... Mike |
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yes i do know the risks, but after checking myself by viewing the setup,, and asking all the right questions. I'm more than happy, but only time will give a true reading on this adventure:)
i will update you guys if i get any issue or problems with Btcery Pool..
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Outlander, i wanted a pool close to me, but still i did check them out. Now few calls today, and a drive to a location in London. A pool i can visit, and stock with my own miners. Its really low power cost, and this is why i wanted to go the extra step and check them out.. So it looks like i will go for the Btcery pool. I will update you after my first month mining Reasons for this choice are - 1, Location 2 Low power cost 3, Add my own kit i can setup |
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Okay so leave out gen mining, and there diry tricks. I do like the features btcery offers so i will call tomorrow..
i am looking into the data centre, i dont know for sure if this is what btcery service is the same. so the call will give me more to go off..
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Thanks for the advice, i will check it out, let you know how it goes |
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i have 2 option to consider, 1, https://www.genesis-mining.com/ genisis mining 2, https://btcery.com/ Btcery.com can i get some advice from you pros please?> i like to see the miners as the btcery offer walk in and setup your own miners. cant find another company that offers this kind of service? Thanks in advice peeps |
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