The creation of the digital currency called, crypto-currencies, has become a big boost thing for the global financial system and the world, at large.
This owes to the fact that it has become an efficient system, and is rapidly becoming the order of the day, as every system are trying to adopt the use if crypto-currencies, in carrying out transactions.
Since its creation, crypto-currency has become a very reliable and efficient transaction means, judging by the fact that it is characterized by the security of transactions, speedy transactions, the flexibility of exchange and transfer of funds, and a whole lot more.
These features have been the winning features of crypto-currency, over the regular fiat currency.
But right from its inception, the very beneficial and profitable, digital cash (crypto-currency), has always been confronted by an imperfection, which is, Volatility of price.
For so long, this has proven to be a very nagging setback in the crypto-currency exchange market, as it brings about limitations and interference, in the trading of crypto-currency.
The instability of the crypto-currency has for long, dissuaded a lot of users from taking part or investing in crypto-currencies.
This results from the fact that the trade in crypto-currency, is an unpredictable one, as the price of this coin can fall at any time. I don't think anyone would want that.
This fright expressed by the global population, is just a normal reaction, seeing that no one would like to invest in something so unpredictable, and has every tendency of dropping in price.
For a long time, this issue of price Volatility has crippled the crypto-currency market and has denied the global population as well as the world at large, the chance at enjoying the benefits, which this system, offers.
In order to remedy this, and make the trade in crypto-currency, a more favorable and beneficial one.
HERE COMES DAO, ENSURING STABILITY IN THE CRYPTO-CURRENCY MARKET
#DAO is a blockchain based decentralized platform, which is integrated with the Ethereum smart contract, so as to help users, generate stablecoins.
This peculiar platform (DAO), has been created for the generation of fiat-pegged stablecoins.
This stablecoin could be USDQ and KRWQ coin, an ERC - 20 utility token, which is pegged to the USD (United States Dollars).
DAO was put in place, in order to remedy the problem of instability or volatility of the crypto-currency price.
Now, this is a piece of great news, at least there will be a great level of stability in the coin price, and a total guarantee of transactions.
The users have nothing more to be afraid of, because, with DAO platform, anyone with Bitcoin, can generate these stablecoins, which can be used to carry out transactions such as, payment for services, the making of purchases, as well as other uses.
The DAO platform and stablecoins have proven to be far, more superior to the regular crypto-currency, as it has all the great qualities of the regular crypto-currencies, and is still able to achieve price stability, something which has eluded the crypto-currency exchange market, for so long.
With its developed system and sophisticated technologies, DAO will sustain the generated stablecoins, so as to protect the users.
Roadmap
Team
CONCLUSION
The DAO platform is indeed the savior in the crypto-currency market, as it will rapidly bring back the interest of users in the system, enabling them to confidently invest or trade in crypto-currency, without fear.
To be able to see other information updates, you can visit
Website: https://usdq.platinum.fund/
Whitepaper: https://usdq.platinum.fund/whitepaper
Twitter: https://twitter.com/FundPlatinum
Telegram: https://t.me/Platinumq
Medium: https://medium.com/platinum-fund
Username: lani123lani
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1220105
Address ETH: 0xaeC6B59a69a13FBea61AC87b27Cc50d8F594F923
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