Cryptocurrency Market: Instilling Trust in the Cryptocurrency Ecosystem

Trust is very hard if you don’t know what you are trusting.

                                                                                                   Marianne Williamson

The entire cryptocurrency industry comprising of digital assets, Asset listings, Promotions, Fund raising, negotiations, display of trade and daily volume trackers have all been unregulated in nature; with individuals and organizations carrying out a lot of fraudulent activities. Anyone involved in the cryptocurrency business must have fallen a victim at one point or the other, be it on an individual or corporate level. Individuals get victimized by buying assets that would never be listed on exchanges from fraudsters, Companies seeking to list their assets in Tier 1, Tier 2 and Tier 3 exchanges meet wrong representatives online and pay them to list their assets, only to discover in the short run that they have been victimized and their native token dumped in the market, again companies reach out for promotional services, only to meet wrong representatives who do not deliver, losing money in the process. So many inexperienced investors buy token hoping to gain from the Return on Investment (ROI) but in many cases these investors run into losses, since the asset fall far below their Initial Exchange listing price. They lament but in many cases never recover their funds. According to Hackernoon.com in the first half of year 2018, they were more than 1000 failed ICOs. Its either most of them were fraudsters, the assets got hacked or basically some Initial Coin Offering (ICO) just failed,Albeit the investors lost cash in the process.

For example in the year 2019, a Telecommunication Company launched an ICO. Irrespective of the fact that the ICO was going very well, the team made away with £15 million in digital assets and hard cash fiat currencies. Investors from every part of the world were bewilded. The investors reported to the Local police in Praque Chez Republic and upon due inspection and investigation the police concluded that a lot of investors were injured in the process they however transferred the case to the Regional Police Directorate of the Capital City of Praque, Department of Economic and Crime Commission, where it is currently being investigated upon.

The Security and Exchange commission (SEC) has stepped in to bring order and sanity to the industry; they cancel some ICOs and order funds to be returned and they also issue certificates for projects to be conducted. But still, the rate of the ongoing devastation is so large, that SEC cannot cover all on a global scale. Cryptocurrency Market, an American Registered company has stepped in to salvage the situation.

CYPTOCURRENCY MARKET

This is a company that is gaining both local and international recognition at an alarming rate and is registered in the United States of America. Its market place aims to be driven by decentralized finance tokens. Cryptocurrency Market’s primary aim is to bring transparency and decentralization to the cryptocurrency and blockchain ecosystem. The indigenous firm also aims to instill trust by employing smart contracts. This unique smart contract will aid service providers and buyers to carry out transactions without fear or prejudice. The company’s main mantra is “Trust”. The firm believes that once trust is gained, so many unbanked and unwilling individuals who are still sitting on the fence will jump into the crypto band wagon, increasing the general market capitalization, thus bolstering cryptocurrency global adoption.

The core team’s vision is for the team to build a reliable platform where any trader, Investor or Crypto Chief Executive Officer can come in and get any information relating to transparency of any project with a torch of the keyboard. Information relating to digital assets, exchange verification excetra. Cyptocurrency Market will outclass their competitors in this niche by employing Smart Contracts that escrows contracts transactions between service providers and buyers.

CYPTOCURRENCY MARKET AN ALL IN ONE PLATFORM FOR ADEQUATE INFORMATION

The core team behind Cyptocurrency Market has perceived that investors, Traders, Institutions and executives always wander about surfing from one platform to the next to retrieve relevant information related to a project or firm before committing their resources but in many cases, they get unfulfilled and exhausted in the process. Cyptocurrency Market will focus on gathering information from relevant sources and then uploading them on their platform, making information Centralized on a Decentralized platform, eliminating the actions of fraudsters. This singular action from Cyptocurrency Market’s core team will restore trust to those that are not confident in the cryptocurrency industry, the unbanked populace, remote service providers and buyers.

FEATURES PRESENTED BY CYPTOCURRENCY MARKET

 (i) Decentralized Staking

When we talk of staking, just imagine carrying out a fix deposit action in the bank, where you will have to lock your money for a stipulated amount of time to yield dividend. That is the case here. Cyptocurrency Market’s platform has staking capabilities where investors and token holders can stake their CCM (the native currency for Cyptocurrency Market) for an amount of time to earn their dividend in ETH, BTC, USDT, MOR and DGB. This can serve as a passive source of income. More earning options will be included with time. Note that the higher the unit of CCM token one holds accompanied by the longer the duration of time one stakes the asset, the larger the reward the investor will earn. This will be determined by an internal formula operated by the team. The staking will be pegged at an interest rate of 60%.

(ii) Cryptocurrency asset and exchange listing platform.

In the year 2018, I bought a lot of tokens from fraudsters on Twitter, they promised they would list them on exchanges and present their whitepaper to we investors but all were lies. I and other inexperienced investors bought these tokens, hoping that one day we would turn them into profit. I lost more than $500 in that expedition.

With Cyptocurrency Market’s platform, losses like this will be circumvented since investors will verify an asset’s credibility before purchasing them. This amazing platform will have also features such as trade history, order book, and the display of total volume generated, current trading volume, active trading platforms for each tokens listed. This feature is also displayed in Coinmarketcap, but as said earlier, this will be a one stop platform for all your information. This will be a life saver as investors will have an extensive overview of an asset before they commence purchase preventing loss of fund or victimization. Any asset not listed on Cyptocurrency Market’s platform will be questioned. Any asset listed on Cyptocurrency Market’s platform will instill trust on the community members attracting investors in the process.

(iii) Cryptocurrency asset and exchange listing platform.

Again in the year 2018, I purchased an asset Litecoin Private from a scam exchange. After depositing ETH and purchasing the aforementioned asset, every attempt to carry out a withdrawal to my personal wallet was abortive. I later discovered it was a scam exchange. Mistakes of this sort will be circumvented with Cyptocurrency Market’s platform. Investors will be able to verify an exchange’s listing before engaging with them. Credible, active and certified exchanges will be listed on the platform and will be trackable in real time. The core team behind the Cryptocurrency market project will make the exchange listing process on their platform very stringent, wedding out unqualified and fraudulent exchanges thereby protecting investors.

(iv) Decentralized Marketplace

Cyptocurrency Market will feature a decentralized market place platform where buyers and sellers of valuable goods and services can communicate without the need for third party interference. Transactions will be seamless with Cyptocurrency Market providing the escrow structure. Here, both parties involved will show completion of contract proofs before a service is being paid for. This is to prevent the victimization of any party involved. A contract receipt will be delivered to proof that a transaction id ongoing or pending. As an advantage, start-up companies will be able to identify industry leaders and professionals while service buyers receive professional execution of their tasks.

CRYPTOCURRENCY MARKET NATIVE TOKEN, CCM

The three primary uses of CCM tokens will be listed below:

Transaction fees

Cryptocurrency Market will have a native token called CCM. It will primarily be the token for all transaction fees paid for on Cryptocurrency Market’s platform. Service providers rendering services to their clients will employ the token to transact. Again, Service buyers will use the token as a medium to reach out to service providers on the platform. CCM token will be the main transacting vehicle of the platform. Phenomenal! It is worthy to note that BTC, ETH, USDT and other prominent assets will also be used to pay for transactions if desired.

Staking Rewards

As said earlier, staking will be available on Cryptocurrency Market’s platform and the dividend will be paid out using CCM’s token. The token will be listed in Uniswap and MorCrypto’s Exchange upon platform launch.

A tool for payment

In Cyptocurrency Market’s platform services will be provided and rendered by service providers and buyers. These services will include but will not be limited to Project’s advertisement, Professional advertisement, Promotions and many more to be listed on the unique platform.

Cyptocurrency Market’s platform will welcome every industry sector aboard.

CYPTOCURRENCY MARKET’S TOKEN, CCM EXCHANGE LISTING

An important aspect of any token's success and value point other than the project's structure itself, is exchange listing and the core team behind the Cryptocurrency Market exchange listing has made remarkable moves. Here are a list of exchanges they plan to get listed on below. They are; Mycrypto Exchange, UNISWAP, HOO and MXC exchanges. More exchanges will be added in he near future.

CYPTOCURRENCY MARKET’S TOKEN TOKENOMICS AND TOKEN DISTRIBUTION

Total or Maximum Supply: 10 million CCM tokens

Soft Market Capitalization: 100ETH

Hard Market Capitalization: 2000ETH

The token distribution will be displayed below:

TOKEN BUYBACK

Tokens will be bought back by the project team, immediately after the presale. This token will be burnt and will never be brought back into circulation. This is to maintain a healthy token price in the market since supply will be regulated.

ROAD MAP AND BUSINESS MODEL

Every company has a road map in-which they stick by and carry out their operations. Cryptocurrency Market's Road map will be displayed below for your perusal.

Also the company's business model will be displayed below. This for any prospective investor's perusal.

CORE TEAM

The cryptocurrency market is made up of a team of professionals that will bring the vision of trust and transparency to the lime light. The team is made up of seven core team members with Victor Ekpo spear heading the team. You can see their various positions and expertise below. It is important to note that the Director of this project is Daniel Chylak, even though he is not displayed in the organogram below.

CONCLUSION

Alot of irregularities and discrepancies have occurred in the entire cryptocurrency genre. People have lost confidence in the sphere and alot of critics have used the insincerity that goes on in the industry to write it off and tarnish its image in general. Cryptocurrency Market is here to right those wrongs. Its platform provide all the necessary information about an asset, exchange or any cryptocurrency related establishment. You can bank on the platform to carry out promotional services and advertisement on an individual or corporate level. Get involved with the platform today!

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Author's Information:

Name: Mr David Okocha

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