What Is AliCoin?
Alicoin is said to be the smart investment coin. And it will work with larger stores on the internet as well. You can use it to make purchases on stores like Amazon, AliExpress, eBay and even some of the smaller ones as well. The use of the token primarily depends on your location. Basically, the coin makes it easy to spend money online without having to constantly transfer money five or six times a day, just to make one simple purchase. With Alicoin, buyers only have to choose the goods they want and then make the purchase.
How AliCoin AligatoCoin Ecommerce Cryptocurrency Works
The Alicoin token will essentially give you the ability to use one currency to make fast purchases at a multitude of large online department stores, and even some smaller ones depending on where you live. The platform creators have the main goal of using the platform to help improve the lives of people who own cryptocurrencies. Not only that, but through the use of Smart Contracts, there is increased security to help protect users from fraud and identity theft happening when they are shopping online.
The first goal of the coin is to have it ready, so users can use it to buy or sell goods online. The team also wants to have a platform within the framework of the Alicoin Cash Project in which people can exchange their coins for products they want and need. For people looking to stake coins, there is a minimum investment age of 7 days with a maximum of 30 days.
AliCoin ALI Token ICO Details
As of now, there is no ICO currently running. The ICO is about to start in two days however, so as of now, none of the 7,000,000 Hard Cap Tokens have been sold. If you go to the company website at Alicoin.cash, you can sign up, login, or read the Whitepaper. The site also has a presence on social media channels apparently, but the only two you can access from the site are Facebook and Telegram.
They also accept Bitcoin, Ethereum and Litecoin for the purpose of investing with the company and buying tokens. The name of the coin is Alicoin and the symbol for it is ALC. There is a total supply of 25,000,000 eventually being ready for distribution. The ICO will put up 7,000,000 of them for sale and the platform is built on top of the Ethereum blockchain. It uses the ERC20 algorithm and officially starts on March 31st of 2018. The price to start is a minimum investment of $0.40 USD. And the ICOs time schedule is based on GMT of London.
Who Is Behind AliCoin?
Andrew Lee is the founder and CEO of the company and has a master of MBA from the Tokyo business school. Not only that, but he also has more than 11 years of experience working with Fintech and the ultra-successful technology sphere. After a long and very successful career with companies like Toshiba Corp Ltd, he became a diehard entrepreneur. He is now using his talent to help head the Alicoin project with superior leadership, innovation, and the world of blockchain technology. He is the founder and creator of Alicoin cash, which he started in 2017. Other than Andrew, there are six other professional teammates who are backing up his leadership and helping move the platform forward.
The platform is designed to offer a token that can be used to buy product at bigger websites like Amazon, Sony, and H&M just to name a few. Along with purchasing power, the platform also has opportunities with staking and investing. If you’re a frequent online shopper, then Alicoin may be the perfect platform for you to get involved with.