LET'S TAKE A GLIMPSE AT THE SWISS KNIFE OF CRYPTO (SmartCash)

in #altcoin6 years ago (edited)



 


One of the main characteristics of traditional cryptocurrencies is that they solely reward miners, people that contribute to rise awareness about the project and create useful apps are left empty handed. Faced with this situation, a great idea has emerged, a currency that focuses on giving back to its community, SmartCash properly rewards useful contributions to the development of the project and is creating a community-based ecosystem that might revolutionize the crypto market.

Smartcash is based on the governance of the community. It is a new form of decentralized economy based on the Blockchain platform. SmartCash promotes growth and community cooperation.


SmartCash has three unparalleled properties:

SmartHive


SmartCash promotes a decentralized governance structure. The power is in the hands of the community because it is the one who controls the fate of the currency (budget, use, governance). All people can propose their own initiative and their proposals for can be voted on by all people who holds Smartcash tokens. SmartHive has created a space for people of all backgrounds that will boost organized, substantial and organic growth.

Structured Hive Equipment (HST)


The HST is in charge of areas essential for the project which are divided into three departments (development, extension and support). The people of each department will belong to a team, when there are more than eight members per team, another team will be created and so on. All the teams will have their own budget and coordinator, they will be able to operate autonomously without the conventional central structures.

SmartVoting


Smartcash is one of the precursors in the crypto-government space. Users can vote which projects will be funded from the community budget. Users will vote the path they want Smartcash goes through. There are interesting projects already being voted, some users are using the budget the receive to promote Smartcash and increase the user base of the currency. Smartcash is built from within.

Here some examples of projects being voted.



SmartRewards


Smart reward is a price stabilization mechanism that promotes users to hold SMART, each wallet will get paid every 30 days on average after the 25th of each month if they have a balance greater than 1,000 SMART in their wallet. Users also have to move funds in their wallets superior to 1,000 SMART before the 25th of each month to be eligible for the rewards.
Long-term holders are key to the project's success since the SmartHive treasury needs SmartCash to appreciate in value to order meaningful 3rd party proposals and help grow SmartCash into a successful global crypto-currency.

InstantPay


Instant Pay is a mechanism that allows instant transactions. With SmarCash Visa and MasterCard-like transactions will be feasible for crypto ecosystems. People will be able to use the cryptocurrencies as a means to pay for their daily needs. InstantPay supports online and point-of-sale purchases in stores, instantly and securely.



Conclusion


SmartCash was born to be a fast, secure, self-governed and merchant-oriented cryptocurrency. SmartCash has a platform that allows all users to vote on the project they want to be funded by the community budget, users also can vote to prevent approval of projects they deem unworthy to be funded. A truly decentralized economy and community-based budget management ecosystem!

SmartCash will have a rapid growth since the priority is the reward for the community, more developers will undoubtedly join and collaborate to make Smartcash an evergrowing ecosystem. The project also focuses on the adoption of the merchants to increase the scope of the products and services that can be purchased and sold with SMART token.

The doors are wide open for those people with the most creative skills and ideas who wish to develop this incredible platform.



You can find @smartcash




Posted from my blog with SteemPress : Chronocrypto.io

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SmartCash is one of my core holdings. There seems to be lots of beneficial development going on the blockchain and I hopeful for a bright future with this crypto. Thanks for the great write up! Resteemed

How and who receives the initial coins?

I own a little smart cash but I need to get more.

I own a little smart cash but I need to get more.

Ill buy some..

Hi! I am running a weekly contest for SmartCash price prediction.
Check my post if you want to join it :-)
https://steemit.com/smartcash/@cknr7/smartcash-price-prediction-contest-round-1-predict-the-price-and-win-30-smart

Is the smartvoting is linked with the Number of tokens one individual is holding ?

Yes I vote equals 1 coin.

Sorry i am a newbie... don't understand it.
Is Steemit rewarding him with $260 worth of STEEM as we speak?

@mediastudycenter. This Steemit will pay about $260 for this write up. The amount will be shared between the author and those who upvoted and left comments -75/25

I have heard a lot about SmartCash and it seems really cheap at the moment thanks for the info.

I love smartcash

Check out the smartnodes. 1000 for minimum staking every month!

@alhoppo

Hey dude, you post an informative #info.
#smarcash
You have increased your one more follower..

Yes i like that coin.
However, i am new to this social media so was wondering did you actually made $ 260 now? If so that's amazing... i still don't understand how that's possible?

Smartcash provide initial coins,its a great idea

highly underrated! I hope more people see the value in it and start using their tools more often.

At least a coin that rewards hodlers! :)

@smartbot tip 30

Σ$$$ Tipped @chronocrypto Σ30 SMART! Comment @smartbot help to claim. Currently the price of SmartCash in the market is $0.074 USD per SMART. Current value of the tip is $2.22 USD. To find out more about SmartCash, please visit https://smartcash.cc.

balance

You have Σ0 SMART (unconfirmed: Σ0 SMART).

@smartbot help

You can use the following commands:

  • balance - displays your current wallet balance
  • address- displays your deposit address
  • withdraw <amount> <address> - withdraws the amount of SMART to address
  • tip <username> <amount> - sends the amount of SMART to username
  • terms - displays terms and conditions for using @smartbot

withdraw 90 SiFNPveq3NLvtaXnSox9bjqsff6yqNhkC2

@chronocrypto: Σ89.99 SMART has been withdrawn from your account to SiFNPveq3NLvtaXnSox9bjqsff6yqNhkC2. You have been charged Σ0.01 SMART withdrawal fee. Transaction 8974fa85ca21221b63e6b73a9e74956fc544c4074dd573cbf89a0518b2fb17b4 is now completed. To monitor the transaction status click HERE.

You forgot to mention their masternodes who are interesting for longtime hodlers (like myself). Smartcash masternodes are also one of the only (together with ZenCash) that don't require huge investments in their respective cryptocurrency.