There’s no question that the cryptocurrency market is here to stay. Whether or not traditional financial institutions will be inevitably overtaken by the decentralized nature of blockchain technology, it’s clear that cryptocurrencies have carved out a permanent niche in the digital financial landscape.
While it may be true that perhaps one day we’ll all use cryptocurrency to pay for everything from buying coffee to buying houses, we still live in a world where traditional financial institutions dominate. An integral aspect of furthering the dissemination and use of cryptocurrencies around the world is providing easy, simple, and fast integration and connection between traditional finance markets and the newer crypto market.
A new platform called Exscudo is aiming to do just that by creating a comprehensive bridge between traditional and crypto markets. Exscudo aims to create a platform that unites the worlds of traditional finance and crypto finance to establish a fast, legal, and simple way for anybody with an internet connection and credit card to purchase and trade cryptocurrency.
To achieve this goal, Exscudo will be launching an initial coin offering. The Exscudo ICO will offer investors the opportunity to purchase tokens on the Exscudo platform, which will provide the Exscudo team with the capital needed to succeed in their ambitious project.
In this article, we’ll examine the Exscudo platform and find out what it plans to offer, as well as check out the upcoming Exscudo ICO in order to help you determine whether it’s worth investing in.
What is Exscudo?
Exscudo is a comprehensive ecosystem that incorporates a range of different elements. The first element of the Exscudo ecosystem is a leading exchange platform that is designed to provide both beginner traders and professional investors, financial institutions, and institutional investors with a wide range of different tools.
The Exscudo platform also offers detailed charting functionality, and also provides dedicated trading terminals for Web, iOS, Android, Linux, MacOS, and Windows. The Exscudo trading terminal offers interactive graphics, technical indicators, trading signals, online listing, a wide range of order types, and copies of transaction.
Exscudo will also incorporate a wallet solution into their platform, which will deliver a simple and streamlined method of managing accounts in real time from anywhere. The Exscudo wallet can also be paired with a dedicated physical debit card that can be used to pay for goods and services with NFC payments anywhere in the world.
Interestingly, Exscudo are also planning to integrate a decentralized protected messaging app into their platform. The Exscudo chat service will include instant monetary transfer features between participants, making it easy to send funds quickly between contacts.
Lastly, Exscudo will be offering a merchant service that allows Exscudo users to offer their clients an extremely fast, secure, and minimally expensive payment method. The Exscudo merchant system will make it possible for users to accept payment without limits.
The Exscudo ICO
The Exscudo platform will be built on a custom blockchain called EON, which will incorporate a smart transactions algorithm. During the Exscudo initial coin offering, 240,000,000 EON token will be released, immediately available after the genesis block of the EON blockchain.
62.8% of these tokens will be available for sale during the Exscudo ICO, with 1% reserved for bounties, and another 1% for ambassadors. 20% of the total tokens created will be used for testing and stabilization of the EON network, with another 12% delivered to the Exscudo team. 3% of the total tokens will be awarded to the Exscudo supervisory board. Finally, 0.2% of the total EON tokens will be reserved for bug bounties.
Each EON token will be priced at 0.0002 BTC.
Exscudo is an extremely ambitious project, but is backed up by comprehensive documentation and some of the brightest minds in the crypto ecosystem. Overall, the Exscudo platform is definitely worth keeping an eye on.