Do you know how to find the best investments? Unfortunately, the best possible investments for you are not always available for you to see. You have to spend a fair amount of time looking for them before you can actually be sure that they are perfect for your portfolio and that it can be a really great idea to invest.
With the objective of helping the readers of our blog, we look for the most interesting companies and investments in the cryptocurrency and blockchain market right now and review them for our readers. Currently, we have been looking at a company called Corvus. Here is our review of this new company.
What is Corvus?
Corvus is a decentralized cryptocurrency which has been created recently. The company uses blockchain technology and has built a 2B2C platform, digitizing assets like intellectual property and rare goods to earn value. Basically, this will be a digital currency which will use real digitized assets to back its value.
The company intends to carve its place in the cryptocurrency market by having a real asset value and competing with other cryptocurrencies which are popular in the market right now like Bitcoin and Ethereum. The idea of this company might not be really novel, but at least it looks to be well implemented, which can really result in more quality and value in the future.
How Does Corvus Coin CRVS Work?
Basically, the company uses blockchain technology to make transactions and a system to digitize real life assets to add value to the company’s cryptocurrency. This will be made via the registration of smart assets which is made using the blockchain technology.
Corvus will be used for the same things that you could use any type of cryptocurrency that you can find on the market right now. You will be able to make transactions, trade it or send money to someone and you will be charged a small fee every time that you make a transaction. The transactions will be somewhat faster than Bitcoin’s and the price per transaction will also be lower.
This cryptocurrency uses both a proof-of-work and a proof-of-stake system. Its block time is 120 seconds and its block size is 4 MB. The total supply of tokens will be 50,000,000 units (30,000,000 of which will be distributed in the ICO).
How to Invest in Corvus Coin CRVS?
To invest in this company, you will have to acquire its tokens. There are two ways to do that, but only one of them is available to you right now: the Initial Coin Offering (ICO). The pre-sale happened in December 2017, so you, unfortunately, lost the chance to buy the tokens of this company at the lowest price.
The main sale is coming up soon, so follow our blog and read our updates to know more information about this specific sale, its date and how much you will be able to pay per token. Each token costs $0.20 USD, but there may be some discounts, so keep your eyes open.
After the ICO is over, you will be able to trade in the following exchanges to buy Corvus tokens and invest in this cryptocurrency: Poloniex, Yobit, HitBTC, CoinExchange.io, Coinomi, Idex, Nova Exchange and LiteBit.
The Corvus Coin CRVS ICO Verdict
Is this company the right investment for you? It really depends. It is actually hard to say if Corvus cryptocurrency system will be a great investment or not right now. The company definitely seems to be well organized and to have a decent business plan, but it is also somewhat bland and unoriginal, so it might not catch the attention of the investors in the market.
Corvus’ big positive point is its digitization of real life assets, but it is really hard to completely sure if this will be such a big deal as the company intends it to be and how well the market is going to accept this new cryptocurrency. In any case, Corvus does not seem like an outright bad investment for you to make right now.
If you are interested in investing in Corvus, feel free to do this. This company is far from being a plain bad investment and you will have the chance of making a good profit from it. It might not be one of the best bets that you can make, but it certainly is an interesting one. If you do not like it, you can always look on our blog for another investment instead.