What Is Project Coral Reef?
The website is a new online shopping store where you can purchase goods and services with the cryptocurrency Monero. Apparently, there are more than 50 stores online. And as of now, you can get an additional 15% when you pay with Monero in these different stores.
How Does Project Coral Reef Work?
The project is basically a hub where you can find the best stores online for using Monero to purchase goods. A lot of them are major stores as well and carry different name brands or even sell different apparel designed by rock bands and such. Not only that, but there is also specialized monero gear as well.
If you don’t know what Monero is, it’s a trusted and highly secure digital currency. It doesn’t matter where you live, Monero is ideal for you to use to purchase goods and services online. And at Project Coral Reef, you can find the best places to use Monero. Not only that, but there are other benefits to using Monero. For one, you can use it with complete and total privacy. The currency is untraceable, can be used on dozens of websites and can even be used to send money to friends and family. You can also use it to buy things online. Monero has one purpose, to put you in control of your money again. There is no need for a bank or other financial institution. Moneo is said to be one of the best cryptocurrencies in the world.
Project Coral Reef is a brand-new initiative that has been created by Naveen Jain and Riccardo Sapgni. It’s used to elevate the awareness people have when using Monero as well as to get a deeper understanding of its viability. They are really looking for a way for it to be used by the everyday consumer, not just cryptocurrency specialists. It’s designed to be a cryptocurrency that can be used by the everyday consumer. Not only that, but Monero has been funded by more than 190 anonymous contributors through the use of a specialized campaign funding process.
It’s a crowdfunding system that gives power to Monero users and those within the community. And Project Coral Reef is just one entity that is looking to have an extremely positive impact on the Monero system and community. The main merchandisers who contributed to this campaign were Global Merchandising Services, Manhead Merchandise, and G-Eazy. Project Coral Reef wouldn’t exist without their support.
Project Coral Reef Conclusion
If you’re looking to get into the cryptocurrency space, then Monero is an excellent start. Project Coral Reef is just one aspect of the cryptocurrency. There are more and more partners everyday getting in to business and supporting Monero. And they are looking to make it a platform that is easy to use for every day people, not just for crypto-specialists. Monero is one of the larger crypto-platforms on the market and a great way to get involved in cryptocurrency.