One of the future winners in blockchain technology will be the exchange services. These are necessary for the trading of digital values to be possible. Obviously, there is a lot of competition when it comes to this field, and of course, not everyone meets the expectations. However, it will be exciting to see if the following project will stand out among similar projects.
This article features the ICO project Hoard, which is now developing what is supposed to be a currency exchange service. Essentially, this is a wallet too, where you can store all your digital values, including Bitcoin, Ethereum, Litecoin, tokens like Hoard’s own value and other tokens. This is seen as a safe and simple blockchain wallet where you can easily receive and send cryptocurrency in seconds, all over the world.
One of the biggest advantages of using blockchain technology to send money is that it takes extremely much shorter time as the money is not going through key units that banks that spend several days doing transactions. On a blockchain, this will appear peer to peer, ie user to user, directly. Hoard is just a small part of the ecosystem that already exists. On Hoard, you can easily access all your cryptocurrencies and you will be able to see the price of your assets updated each second. During the year, they also plan to add fiat support so that it is possible to send and receive money from the bank. Institutions like this will still exist for a while.
What the project is trying to solve
According to Hoard, they solve many problems that exist today in the cryptographic trade. Many of the exchange services, both centralized and decentralized, can be difficult to use for a person who is not very familiar with the technology. According to them, Hoard is one of the easiest-to-use applications in this field, and it’s safe and has a steel-clean design. Even though the service is decentralized, it is still possible to get support, both by calling and chatting. Hoard is also open source that allows everyone to be building the future of the platform. Hoard is thus a bridge between the value retention of money. In future, an additional layer on the blockchain will be added to solve problems within scaling. The beta for their application is already available now.
So far, 50,000 HOARD (equivalent to 2723 ETH) sold through their ICO, 200,000 HOARD, will be sold through their token issue. As of today, there are 19 days left of their token issue. By investing in the ICO, you will support their progress when it comes to the launch and production of their product, which is a decentralized application that will always be available on a blockchain.
To find out more about Hoard, their product, the team behind, as well as read whitepaper, visit the ICO website at www.hoardinvest.com