Fidcom is a company that was created to sell cryptocurrency. Cryptocurrency is decentralized and this means that it is under the control of the community as opposed to an individual. Cryptocurrency is a decentralized form of currency that can be used to buy or sell commodities online, and it exists only in digital form.
It has an advantage over other forms of currency because it is under the control of no central government or agency. There are no institutions that oversee it. This eliminates the middle man, making transactions extremely cheap and safe.
What Is Fidcom?
The same concept was applied at Fidcom. Being decentralized means that the company is under the control of the community. It means that the whole community has voting rights in the company, as collectively they are the asset holders. These voting rights apply to all the decisions that the company makes in regards to the strategic development of the company.
Due to the blockchain technology is uses, the company is also able to be as transparent as possible. All the financial ins and outs of the company are available in public records that are available to the community via the use of the blockchain technology. All of this is designed to reduce the risk to the investor as much as possible. The aim is to also make the business transparent to scrutiny of the public who are the controllers of the company.
Why They Are Needed
During its first few weeks in business, the company is planning strategies in a few key areas. The company is planning on putting some work into the following:
- It plans to create a portfolio in which the most popular cryptocurrencies can be traded. They will also manage this portfolio with their team of IT experts so that you can rest assured.
- They plan on facilitating PoW mining. There will also be the direct miners of the cryptocurrencies on some of the most unique and special computing hardware.
- They plan on making investments in some of the most innovative startup companies on the blockchain. They will test the potential of these blockchian ventures by the use of the IT specialists. They will also employ the services of risk managers, as well as information specialists.
- They will launch a crypto-stock of their very own. The will give this stock liquidity and the ability to connect the exchange wallets of the stock to physical plastic cards.
- To manage the stock and ensure payments are made, the company will develop applications for both android and iOS. These will make it easier to manage everything easily form your mobile device.
- The company is bent on bridging the gap between fiat and cryptocurrencies.
The company accords the objectives above with the utmost importance. The areas above are due to be financed on the simple basis of the situation in the market currently. This is because they hold the most promise both for the company and the investors.
All these options are bound to a decision by the community. The decision will be rendered by the means of voting. The management of the finances will be conducted by the current risk managers that are practicing.
Your investment in this particular cryptocurrency will not be for naught. It is your investment that will take this group to the very top of the global cryptocurrency markets. This means you will be investing in a winner. You will get all your benefits and dividends. So ensure you buy your shares at the initial coin offering.
The degree of transparency that is exhibited by the company is also quite high. This is courtesy of its decentralization.
The decentralization also has a democratic effect as it means your voice, as a token-holder, is relevant. Your vote counts for something.
Downsides To Fidcom
The biggest downside is that investing in a company with only projections is something difficult to do. Secondly, the number of crypto-companies offering ICOs currently is incredible.
Investment in the cryptocurrency industry is one of the best investments you can ever make. However, choose your company wisely.