ASSETSTREAM PROJECT
The Fever about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is an enormous base of information where we can do anything. Internet has connected the entire world.
Because of the access to the internet we are able to get information about one of the most incredible crypto-project which is known as Assetstream
ASSETSTREAM
Assetstream is a blockchain based financial institute for peer to peer transaction. It is a global decentralized microfinance platform that will replace the banking system to a unbank system using blockchain technology. In a nutshell, Assetstream want to tokenize the banking and the financial system for ease transaction.
CHALLENGES ASSETSTREAM IS AIMING TO SOLVE
The centralized banking system is being control by a body and have a single system. This means if there is a server breakdown, it will affects everyone accounts and business is going to stop.
The centralized financial system require a third party to execute a transaction, which therefore make banks charges people in every transactions being executed through their system.
The financial institute are lacks in many of my area. It is very clear that about 30% of my country population could not have access to the financial institute in their location. I can only say bank exist only in the rural location of my country and I know same things is occurring in other countries.
To open an account with many of the financial institutes require some legal documents which many people don't have yet. The process of registering account in financial institutes is very tedious and stressful which has deprived many the zeal of opening an account with the conventional financial institutes.
The centralized banking system does not permit people to withdraw the quantity of their saving fund. They are restricted to withdraw certain limits of your money.
The centralized financial institutes don't offer loans to people wishing to do business except you have enough collateral or you have mouth in the system.
All the above mentioned challenges are what Assetstream is aiming to solve.
Solution Offered by Assetstream
Assetstream is building a decentralized financial institute that will make people have access to financial services in an ease way. They are building an unbanked ecosystem that will make people manage their account and do a transaction without the involvement of third party. Assetstream is building a financial system that will make people have option to do a peer to peer transaction and have access to loans from the lenders.
In order for the goal of Assetstream to become viable, they are tokenizing the financial institutes to used cryptocurrency. For this reason, the platform has introduced their traditional token termed “AST” which will be utilize on this platform. Any holder of AST token can lend money to another pear users and earn interest from the platform.
ASSETSTREAM has also launched their own token in the platform which will be used in the platform to carry out several activities and rewards payments.
Every credible project always have a roadmap it follows to achieve it's laid out goals, Assetstream is no different:
Token Details
Token Name: AST
Token Supply: 3,300,000,000 AST
Token Issued: 2,100,000,000
Token Price: 0.01 USD
Soft-Cap: 1,440,000 USD
Hard-Cap: 21,000,000 USD
Token Distribution
64% Allocated to ICO
15% Allocated to Management and Advisory
8% Allocated to Marketing and Promotions
5% Allocated to Business Development
4% Allocated to Product Development
3% Allocated to Legal
1% Allocated to Bounty
About Token Sale
WHY YOU SHOULD CHOOSE ASSETSTREAM?
Use as fuel in the AssetStream ecosystem
Increases your reputation for risk assessment
AST tokens can be used to entice friends and families to be Lenders on the platform as a form of referral method
Staking of AST on the network will provide additional reputation for the risk assessment for borrowers, lenders and even service providers
Team Members
For more information, please visit:
Website: https://www.assetstream.co/
Whitepaper: https://www.assetstream.co/AssetStream-Whitepaper.pdf
Onepager: https://www.assetstream.co/AssetStream-OnePager.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5138325.msg50857889#msg50857889
Medium: https://medium.com/@assetstream
Facebook: https://www.facebook.com/AssetStream/
Telegram: https://t.me/AssetStreamOfficial
Twitter: https://twitter.com/AssetStream
Reddit: https://www.reddit.com/r/AssetStream
Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995