BLOC Crypto Platform Launches Sleep Mining, Talks Disappointments for Most ICO Token Projects

According To BLOC, There Just ‘Too Many Disappointing Initial Coin Offerings' And Crypto Project Launches With ‘No Funding' Backbones

There's is a new crypto platform in town that is designed to transform and revolutionise how businesses and consumers are paid. However, unlike what is now seen as the norm, they have somehow managed to get off the ground without the need for an ICO (Initial Coin Offering). Apparently, according to the directors, they are ‘putting their money where their mouth is'.

What's The Reason Behind This

BLOC – the elite team behind this behemoth platform – says that there are just too many ICOs popping up everywhere in the crypto-sphere. And, going by their analysis, this is not very good for business as the end result often revolves around disappointed users who are often shortchanged by the lack of real/helpful products at the end of the day.

As opposed to this, the startup boasts of a long line of exclusive mining tools bolstered by an unrivalled ecosystem that is tailored to connect both buyers and sellers.

QR Codes

One of the ways that BLOC sees this through stems from the implementation of QR codes. In this case, customers will have an avenue to conveniently scan and pay whenever they want to pay a merchant. Going by BLOC's word, such transactions will have to be processed almost instantaneously – making it easier to guarantee security especially considering this is based on a contactless payment structure.

Aside from this, BLOC has announced that the platform will be open to all developers thereby enabling institutions and companies to come up with their own solutions/products that have been tailored specifically for a given cadre. This is coming at a time when BLOC has been working around the clock to develop a fully-fledged crypto wallet for Linux, Mac, Windows plus a bot that has been translated successfully into three main languages: Russian, French and Chinese.

In case you're wondering, the mining pools are already online in Asia, Europe and North America. What's more, the platform for developers has been at the forefront for launching an ‘innovative dashboard' that is targeting up-and-coming crypto investors.

Zeroing in on one of the main concepts that BLOC has perpetuated is PAYCHANGE. It aims to take full advantage of the growing popularity of contactless and cashless payments by encouraging the take of cryptocurrencies across all major conventional settings. Therefore, in place of the usual debit and credit cards, it hopes to weave the rift between cryptocurrencies and the real world standard payment avenues such as Apple Pay.