While the use of crypto continues to foster all across the globe, one of the main arguments used against these assets is that they have no intrinsic/ real value attached to them. Additionally, with virtual currencies, it is extremely difficult for investors to choose a platform that will not only provide sustainable growth, but also a high level of security (i.e physical backing).
What Is Assetereum?
Assetereum is an all new new cryptocurrency that has been backed by ‘blockchain based alt-coins along with various physical asset investments’. It has been designed primarily for target markets that either have an infrastructure that can adopt these coins, or have a functional avenue to promote their use in traditional commerce related activities.
When looked at from a usability perspective, we can see that Assetereum has the potential to be adopted for both consumer and commercial applications. This is achieved by integrating established supply chains into a portfolio that boasts of a variety of asset banks.
Assetereum ASET Token Asset-Backed Cryptocurrency Features
Some of the core features of this platform include:
As per the official whitepaper, Assetereum can be used to facilitate international trading without any of the hassles that are usually associated with multi-currency commerce.
Through the diversification of user investments into 6 different economic stratas, this platform helps reduce financial losses and overall risks.
The token comes with a fully functional platform which is ready of wide scale adoption.
Since the currency is backed by digital assets, the intrinsic value of Assetereum will most likely remain constant in the future.
The company provides users with a host of diversification options so as to maximize profits. Some of the areas where users can choose to split their investments include:
- Real Estate
- Online Shopping
- Energy Brokering
- Cryptocurrency Mining
- Cryptocurrency Trading
- Social Enterprise Projects
At this point, it should also be mentioned that Assetereum is one of the few digital currencies that have been used as prize money in a major sporting event (World Seniors Snooker Championship).
Assetereum ASET ICO Details
The native ecosystem will make use of AEST tokens to facilitate internal trades and investments. In all, there will be a total of 300,000,000 coins which will be released to the public. In terms of their pricing, the value of the tokens will vary between $0.38 to $0.60 (depending upon the round during which the purchase is made).
Allocation of Tokens
- 50% of the currency pool will be sold during the Pre ICO and Crowdsale event
- 25% will be used to establish a “Company Reserve”.
- 10% will be used to create a “Bonus Reserve”. These coins will be used to facilitate incentives and rewards to users.
- The remaining tokens will be used for “Acquisition” purposes
Use of Proceeds
- 30% of all raised revenue will be used to setup a Crypto Trading Fund.
- 35% will be used to create a “Real Estate Monetary Pool”
- The remainder of the money will be split between things like salary payments, set up costs, mergers etc.
For any other queries or doubts, users can shoot company reps an email on [email protected]