♦♦♦ GSMcoin ♦♦♦ service

GSMcoin – New Cryptocurrency with Usage in Real World

The basic question when it comes to cryptocurrencies is: “What is the purpose of cryptocurrencies?”

The Crypto Geek would say: “For science and technology”. The Crypto Trader would say: “It’s all about buying low and selling high.” But when we look from the perspective of a regular man, the Average Joe, the man in the street; then new technologies are only good as long as we can use it in every day life and see some benefit from it.

GSMcoin is a good example of a useful and practical cryptocurrency than can be used in every day life. Technically it’s X11 algorithm with only 1.8m coins after PoW phase – now in pure PoS. The name “GSMcoin” shows us the purpose of this coin and it’s phone unlocking service or capability. The coin creator, Alexander, has been in the phone unlocking business for 10 years now. He describes his purpose with GSMcoin in the coin’s whitepaper as: “My name is Alexander and I made this coin with purpose. I got an idea to mix my daily job with cryptocurrency. The main purpose of GSMcoin is to unlock gsm mobile devices that are locked to certain gsm network provider worldwide”.

Unlocking phones is still pretty big business in the world today. 85% of the world makes contracts with operators to get ‘free’ device. Alexander is running http://gsmcoin.info/ site, where we can pay in GSMcoin. The most important aspect that I’ve discovered about the coin, is that when you pay in GSMcoin, prices are much cheaper than in fiat currency. This is a great example of how new cryptocurrencies can be made, not only for speculation, ‘pumps and dumps’ and what have you, but to be of real use in every day life, while saving participants money in the process.
GSMcoin is traded at few exchanges. The Developer can be contacted via bitcointalk and his website.

See below for more information:
website: http://gsmcoin.info/
unlock service: http://unlock.gsmcoin.info/
forum: https://bitcointalk.org/index.php?topic=964014.0
Whitepaper: https://drive.google.com/file/d/0B4Fe74DAWY5cdGd1bHR3Ym85eVk/view
Exchange: https://bittrex.com/Market/Index?MarketName=BTC-GSM
Exchange: https://c-cex.com/?p=gsm-btc
Coinmarketcap: http://coinmarketcap.com/currencies/gsmcoin/
Ann thread: https://bitcointalk.org/index.php?topic=964014

	Author	Topic: ♦♦♦ GSMcoin ♦♦♦ service - unlocking cellphones (Read 646 times)
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