[pre-ANN][BAL] Buy, trade, and use a diversified basket of cryptoassets as cash.

[omikronn]

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Balance introduces a novel way to buy, trade, and use a diversified basket of cryptoassets as cash.

      The last 3 years have shown that cryptocurrencies can successfully work for storing and exchanging value across the world. Yet despite increased consumer interest as crypto is breaking into early majority stream awareness, merchant integration has been severely lagging behind primarily due to high volatility and transaction fees. Most attempts at lowering volatility and creating a viable stablecoin, whether fiat or crypto-backed, with a centralized or decentralized issuance model, or based on seigniorage shares, have so far been unfruitful. We believe the future of digital money isn't using a single currency, but rather holding, trading, and using a diversified basket of cryptoassets. Buyers and sellers hold diversified, personalized baskets of cryptoassets which get moved in and out of an extremely high velocity medium of exchange at transaction time. For consumers, this eliminates the need to distinguish between investment and chequing accounts, enabling them to use their diversified portfolios as cash. For merchants, this enables them to mitigate volatility as much as desired, while bringing high velocity with virtually zero transaction fees.

      Balance aims to bring price stability to commerce by allowing consumers and merchants to use diversified baskets of cryptoassets as cash. This is enabled by our flagship technology, the Digital Asset Cache^TM (DAC). A DAC is a self-managed collection of digital wallets, that can be created, re-balanced, transacted, and liquidated as one single unit. We value trust, legitimacy, and fair access. We ask for the community to join us as volunteers, investors, ambassadors, and beta testers seeking to bring crypto to mainstream. We don't have to wait for 5 more years to bring crypto to commerce. We can do it now!

Read our full story and vision.

Who is Behind Balance?


Our core team is:

George Bordianu-> Co-founder, Strategy
Baha Nurlybayev -> Co-founder, Operations
Vlad Li -> Technology


Partnerships and Sale Inquiries: https://t.me/omikronn
General Inquiries: contact@balancenow.ca

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[WHITEPAPER COMING SOON]

[ivanovmoscow]

The idea of the project is very interesting, but I looked at who you technical director in the project and he has almost no experience.
So Im negatively look at this project at the moment, you definitely need to recruit more people with experience.

[Phantai]

The idea of the project is very interesting, but I looked at who you technical director in the project and he has almost no experience.
So Im negatively look at this project at the moment, you definitely need to recruit more people with experience.

Bitcointalk is a funny place sometimes. Interesting to see posts like this when shitcoins with completely unknown and dubious teams have hundreds of pages worth of people begging for airdrops and evangelizing

Checked out the LinkedIn, and seems like the tech guy's legit. Worked at amazon and as a senior engineer at 500PX.

Project seems pretty unique too. Worth keeping an eye on.

So, to get this party started...

Airdrop?

[omikronn]

@ivanmoscow I understand where you're coming from, here's a bit more context to hopefully change your mind a tiny bit:

• My background is highly technical, I have over a decade of industry experience and hold a MSc. in Computer Science from a top Canadian university (McGill).
• Me and Vlad go a long way back and have worked together before at 500px, where me as their Director of Engineering initially recruited him to run the Platform team.
• We've done a lot of work behind the scenes over the last year, and this isn't our first foray into crypto. We recently just delivered the Sentient mainnet, desktop wallet, and GPU miner for the Consensus AI team (3 month contract to fund us during the tougher times), and we're confident we can do it again.

That being said I understand that our talk is currently cheap, so all I'm asking is for you to keep an eye on the project and give us a shot to prove ourselves. We have a lot more announcements scheduled soon.

@Phantai thank you for kind words and appreciation. I can't confirm or disaffirm anything about an Airdrop yet. We've marked this as a pre-announcement until we're ready to share the detailed vision in a whitepaper. In the meantime, I'd appreciate if you can share some feedback on the concept and share this around to help getting the word out. I can promise you no good deed goes unpunished

[omikronn]

We're happy to publicly announce the first product in our suite, a security custody solution for institutional players, the first of its kind in Canada.

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