MinexCoin. The new coin that is going to change the cryptocurrencies's volatility.

in #blockchain7 years ago (edited)

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Everybody do like and do not like volatility of cryptos because of a lot of reasons. But, no matter which side you are, you'll love this project for a long term and stable investment. Due to the goals that they want to accomplish like 33.6% annual price growth, low volatility(with five percent range) and ecosystem apps.

MinexCoin is a new project that wants to achieve being a stable cryptocurrency with more 30% of profit each year and avoid high fluctuations in the price. They want to accomplish this by having "backup" supply of coins and automatically regulating the demand and supply at exchanges with a unique platform. "To do that, it uses certain algorithms that encourage
coin holders to buy, sell or keep their assets depending on the balance of supply
and demand at the given time." [1]

Therefore, due to its price predictability, easy conversion and high speed transactions, regular users and online retailers will be able to use this coin such as payment method or value storage.

MinexBank and MinexMarket are the main and more exciting ecosystem apps of this project. First of all, MinexBank is going to be the app with special algorithms that automatically is going to "control" the price of the coin by regulating the demand and supply at exchanges (Release June 22). Therefore, MinexMarket is going to be a market where sellers and buyers will be able to trade this coin. Everybody will be able to use this platform to start a new business and, because of the low volatility and the plus of 33.6% annual growth price, the investors are going to be very attractive. (Release 4Q 2018)

This coin is going to be released on Jun 22. So, we are in time to buy first and see the price going up because of the release and the annual growth.

[1] https://www.minexcoin.com/html/download/wpeng.pdf (4)

More info aobut this at
https://www.minexcoin.com/html/download/wpeng.pdf