[ANN][DEFI & CEFI] Psyche.Cash | The Future of DeFi | Private sale

[PsycheUSD]

Thanks for your words, those are encouraging. We won't let our user down.

Psyche really interesting project is like my own opinion. I have bought some token and still hold for long time at least when i will receive good profits shrt. However the team and development well activity so ltes we will see Psyche great future.

[1714808931]

1714808931

[1714808931]

1714808931

[PsycheUSD]

The speed is incredible because the RefleX algorithm does not drive the whole network to approve every single transaction. However, it will take time if the receiver takes time to allow one. For business, the speed is important but security is also very predominant, they don't want to send funds to a wrong address which are not recoverable at all. This is where the common people and business are having big procrastination.

Psyche allows each receiver to accept or reject an incoming transaction and users can simply reject a payment if they don’t want to receive or they are not agreed on the incoming amount. I think it is something unusual but interesting decision

won't that hamper a troublesome system and transactions take a long time? if they do it like that, is it done manually? and what is the purpose for such a product to be created?
An interesting idea but a little awkward when you think about it logically

[eXtremal]

The speed is incredible because the RefleX algorithm does not drive the whole network to approve every single transaction. However, it will take time if the receiver takes time to allow one. For business, the speed is important but security is also very predominant, they don't want to send funds to a wrong address which are not recoverable at all. This is where the common people and business are having big procrastination.

Psyche allows each receiver to accept or reject an incoming transaction and users can simply reject a payment if they don’t want to receive or they are not agreed on the incoming amount. I think it is something unusual but interesting decision

won't that hamper a troublesome system and transactions take a long time? if they do it like that, is it done manually? and what is the purpose for such a product to be created?
An interesting idea but a little awkward when you think about it logically

So is there an option for the type of transaction? and if it's for personal use will it be done quickly according to their request? or how does the transaction work detail system? this really confuses me, or how is it different from the transactions that are commonly done?

[indo1]

Has psyche.Cash created a dedicated community group for this project? I think this is very important for interaction with other communities or with the psyche.cash project team, communication is very important in my view for a project

[yansyans]

https://i.imgur.com/GsvyWgn.jpg

Since the beginning of the crypto revolution, many things have started to move forward. But to move forward, we had to overcome crucial obstacles in the likes of the cryptocurrency volatility. While many people were looking for their chance to invest in Bitcoin or any other cryptocurrency, there are still those who oppose this chance waiting for a better and improved crypto revolution to occur. And boom ... we got the stablecoins! No price fluctuation with tons of ideas to improve our life. Securing investment in stablecoins can be a useful option for investors who are biding their time to invest in an unstable asset such as Bitcoin. They can be converted quickly and easily and can be converted back when confidence in the asset's volatility is restored.

Psyche protocol is the one for you because it offers tons of benefits in the likes of:

> Anonymous balance   > Signed transactions   > User-friendly technology

> Environment-friendly technology   > No additional or hidden costs   > Scalability

Psyche is algorithm based stablecoin, new coin will be minted depending on the market demand.
Psyche stands out from the other stablecoins because it created a fusion of utilizing the blockchain technology alongside the Reflex network.
Blockchain will definitely be the platform for everyday payments as a proof of concept that it can be easy, and this is the right way to move forward.

Psyche's innovative concept is already getting attention, and there is no doubt left, it is going to be mainstream. It is easy, like sending emails, PayPal, or WhatsApp.
Psyche wallet app will be available to download from 1st December.

The application's concept indicates a practical solution for the community as Psyche looks forward to the future and moves towards a mild economic system where it will be easier for everyone to be involved. Psyche is driven by the idea of ​​having its own blockchain of stablecoins, and once the blockchain is developed, it will follow the same concept.

You can clearly see why Psyche is a hot topic today and strong future tomorrow.

The future is now, and now is the right time to buy some Psyche.


https://i.imgur.com/8gAC5bg.jpg

The total coins for sale will be 100,000 and purchase of a minimum of $100, buy the token at a meager price before it goes for ICO.

Now, after we see the ideal investment for today, we have to be honest and say that it will become mainstream as time goes by, and everyone included in the operation will benefit for its own good. Psyche brings the benefits from blockchain technology and stability, which means it can rely on them for transactions in the crypto ecosystem. Its mass adoption can revolutionize traditional means of financial transactions and provide much-needed avenues for the 1.7 billion unbanked (persons who don't possess any bank account) worldwide. They could prove to be a haven from the hyperinflation that plagues some third world countries. The future is bright for Psyche and for those who invest in it!

But that's not all!

Psyche Coin is about to operate in an ultra-modern society, and that is why Psyche will be the first coin to focus on space tourism and the futuristic plan. Named after the famous asteroid Psyche 16, which will be at the forefront of space mining, Psyche Coin will invest in space mining startups. It is one of the most famous human debates to explore and exploit the benefits of space to fulfill the human dream. Since we already went through the benefits and how Psyche will transform the future and utilize it for the common good, let's see what the prices are.

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[frcat]

How this could be a stablecoin if you are selling tokens at 0.2$ and than token will be plegged to usd and has value 1$ per token? Stablecoin must be backed by fiat in proportion 1:1

[hereSjohnny]

I like the security decisions which project team made like with transactions, which is bound with a unique six-digit security code and transaction can only be completed once the code is submitted.

[WhatDisk]

Is ICO on? or end now?

[terciduk123]

How this could be a stablecoin if you are selling tokens at 0.2$ and than token will be plegged to usd and has value 1$ per token? Stablecoin must be backed by fiat in proportion 1:1

That's right, then how will you ensure your token is stable and supported by real money? besides that I rarely hear of stable coins holding an ICO, especially with an anonymous team, besides that I think the information about your token needs to be corrected, because it is different between the information on this thread and on the website

[khudro]

How this could be a stablecoin if you are selling tokens at 0.2$ and than token will be plegged to usd and has value 1$ per token? Stablecoin must be backed by fiat in proportion 1:1

Because it is an early sale and this is how it works. Psyche is an algorithm based coin.

[fapar]

Is ICO on? or end now?

A private sale is currently taking place, which will run until November 5. On November 5, the sale of Psyche token begins for everyone, but you need to submit an application to the whitelist.

[NEWICO INVESTOR]

The future does not hold the guarantee for anything or anyone.

There are several projects which has been successful as well, it depends what we look for.

At Psyche we look for success only. Nevertheless what future holds, there is one thing guaranteed, we will do everything to make this project successful. 
 

Backing by fiat currency is not working in the crypto space, hence the USDT has the problem. Therefore the rest of stablecoins are back by the algorithm and so Psyche is.

Although surrounded by a lot of controversies, the most popular stablecoin today is Tether (USDT) and has the highest daily trading volume of any cryptocurrency after Bitcoin and Ethereum.

Psyche is an algorithm-based stablecoin, similar to Basecoin, right?
The stablecoin project Basis, which had received over $100 M in venture capital funding, shut down in December 2018.
What is your guarantee that this project will not suffer the same fate as Basis?

I got your point. Yes, things are not always in our hands but we have to try hard & soul. It's really challenging to bring a DEFI project. And I liked your passion until now.

[Bitstar_coin]

Has psyche.Cash created a dedicated community group for this project? I think this is very important for interaction with other communities or with the psyche.cash project team, communication is very important in my view for a project

No they haven't and I don't think they are willing to do so even though this is now part of the norms of crypto, people feel more relaxed in the official community of a project with the knowledge that they are in direct contact with the team, but I guess this team just prefer to dialogue in this forum only, even the bounty don't have a dedicated group to make complaints whatsoever, very wired in my opinion.

[PsycheUSD]

There are several which are not based by fiats like DAI and HUSD. Psyche is algorithm-based. The private sale offer for users to be part of the winning and for the team to move forward, this is where it goes with reduction. However, later you would be able to buy at $1 from an exchange

How this could be a stablecoin if you are selling tokens at 0.2$ and than token will be plegged to usd and has value 1$ per token? Stablecoin must be backed by fiat in proportion 1:1

[PsycheUSD]

You can find all the information about the team on the website. There is nothing anonymous unless you indicate famous names.

How this could be a stablecoin if you are selling tokens at 0.2$ and than token will be plegged to usd and has value 1$ per token? Stablecoin must be backed by fiat in proportion 1:1

That's right, then how will you ensure your token is stable and supported by real money? besides that I rarely hear of stable coins holding an ICO, especially with an anonymous team, besides that I think the information about your token needs to be corrected, because it is different between the information on this thread and on the website

[PsycheUSD]

Thanks for the information, you are so kind.

Is ICO on? or end now?

A private sale is currently taking place, which will run until November 5. On November 5, the sale of Psyche token begins for everyone, but you need to submit an application to the whitelist.

[PsycheUSD]

In the group they are connected to each other not with the team members, if you want to communicate with team members, they have the social links on the website. You can also inbox or email.

Here is the group t.me/psychefan
If there is any problem with the bounty, please inbox.

Has psyche.Cash created a dedicated community group for this project? I think this is very important for interaction with other communities or with the psyche.cash project team, communication is very important in my view for a project

No they haven't and I don't think they are willing to do so even though this is now part of the norms of crypto, people feel more relaxed in the official community of a project with the knowledge that they are in direct contact with the team, but I guess this team just prefer to dialogue in this forum only, even the bounty don't have a dedicated group to make complaints whatsoever, very wired in my opinion.

[kidbounty]

Psyche.Cash The Future of DeFi. but what's different from other Defi projects, I think this project looks the same. one thing that is slightly different is their platform's ability to reject incoming transactions. This is great, for online sellers or buyers. besides these advantages are there any other interesting things that other platforms don't have?

[Bolopecah]

I am still not sure if the price will stabilize at $1, of course it will experience a dump when it starts trading, unless the private sale or token sale has a price of $2

if they make the $ 2 private sale price it is very incompatible with their mission which will follow the USD price, and it does not make sense that investors will avoid investing because implementing a stable price at $ 1 will make investors suffer losses ...
and why is it impossible for them to be able to follow from like the Tether project and many other stable coins that follow the world currency price, namely USD

[indo1]

In the group they are connected to each other not with the team members, if you want to communicate with team members, they have the social links on the website. You can also inbox or email.

Here is the group t.me/psychefan
If there is any problem with the bounty, please inbox.

Has psyche.Cash created a dedicated community group for this project? I think this is very important for interaction with other communities or with the psyche.cash project team, communication is very important in my view for a project

No they haven't and I don't think they are willing to do so even though this is now part of the norms of crypto, people feel more relaxed in the official community of a project with the knowledge that they are in direct contact with the team, but I guess this team just prefer to dialogue in this forum only, even the bounty don't have a dedicated group to make complaints whatsoever, very wired in my opinion.

thank you for making the psyche group, and see the community has already come to discuss the psyche project there, but a little something is missing, i don't see any active support there maybe you need community support services or CM