CafeCoin - The Smart Universal Payment Token [$750,000 Rewards]
this article i will be discussing what exactly this groundbreaking and pathfinding innovation Cafecoin https://cafe-coin.com/ is all about and i will appreciate your standing by till the end.
In the modern internet space, more and more attention is paid to cryptocurrency investments and the investment market and Blockchain is becoming the cornerstone of modern innovation and has the potential to revolutionize the world. Recognizing this potential, we at Cafecoin https://cafe-coin.com/ have assembled a professional team of budding entrepreneurs and seasoned investors to create an all-encompassing blockchain trading platform. Since cryptocurrency is designed for mainstream adoption, our platform will be a stop-shop for clients that intend to earn huge returns on investment. We will create a user-friendly system that incorporates both traditional markets and the blockchain based assets.
CafeCoin https://cafe-coin.com/ makes Technology and savings available only to the largest companies, accessible to all CafeCoin. One reason why some OICs failed in the past was because they offered nothing new compared to other cryptocurrencies. Basically they were a new version of the most successful crypts like Ethereum and Bitcoin. Although these two cryptocurrencies are currently the currencies that earn the most money in the market, simply following in their footsteps will not generate the same buzz as when they launched their currency for the first time.
Though there are many crypto coin ATMs, hardware wallets, consumer marketing, and mainstream media furore but most crypto coins predominantly trade as a separate class of speculative digital assets which highly volatile. This make it very difficult to offer the much needed stability much needed for them to be used as a means of payment in online and offline stores as a viable alternative to fiat currency. In reality, most crypto behave like gold or other collectible items rather than units of value for everyday commercial transactions like paying for a cup of coffee.There has been an attempt by Tether project to solve the issue of volatility but Tether do not have all the needed benefits for consumers and merchants for it to be accepted as a unit of payment in day-to-day transactions by the masses. For example, there is no incentives for users to adopt in the context of daily commercial activities.
Building free software application which is everywhere on electronic platform and customized distributed ledger framework execute near real time,
2: Low cost merchant transactions, since cofecoin leverages the strength of decentralized cryptographically secured tokens
3: Cafecoin is brought to be the utility tokens which will be strongly use for buying customers products and services
There mission is to get the whole market share (the cryptocurrency and cafecoin markets) to use it's leadership, experience, and technical capabilities to make cafecoin the leading decentralize utility payment token adopted by customer and merchant worldwide.
Below are the reasons why Tether and other cryptocurrencies are ineffective for mass adoptions in day-to-day transactions:
They are not easy to access since they requires non-trivial technical knowledge
High transaction and exchange fees
Prolonged and inconvenient processing times
Price volatility or low to no potential for a price increase in value
Limited adoption by merchants and consumers
In today's world, cryptocurrencies generally possess limited real-world functionality. And because of this, the commercial value of crypto coins has been relagted to a few niche use cases. This is in opposite to the growing mobile payments industry which has continued to achieve and enjoy unprecedented global growth and mass adoption.This is more evident among the the young generation, they prefer digital medium of exchange such as PayPal, Apple Pay, UnionPay, Venmo, and Alipay to options like credit cards, debit cards, and cash. All these mediums of payment however require interactions with one or more financial intermediaries and therefore lacks the benefits and efficiencies created from distributed ledger technology(DLT).
The Lasting Solution Of Cafecoin
The CafeCoin foundation envisions a system that will be able to satisfy global demand for a mass market oriented cryptocurrency that will be to find solutions to all fundamental roadblocks to broad commercial usage of crypto thereby achieving adoption by the masses.This will be made possible in the following ways:
Building Corporate Relationships: Commencing with the high margin retail coffee shops, CafeCoin will offer incentives for both consumer and merchant adoption
Leveraging Innovative Payments Infrastructure: By leveraging on blockchain technology, it will be possible to achieve high volume of real-time transactions for exceedingly minimal fee in the marketplace.
Simplify Payment Processes: Access to coin liquidity by utilizing an intuitive mobile app and easy-to-use interface that operates independently or together with existing point of sales system.
Giving Customers Control & Privacy: Customers will have control over there historical payment on the blockchain allowing them to optionally share that information with merchants in return for instant individually tailored promotions and discounts.
DISTRIBUTION OF TOKENS
CafeCoin ICO Details
Token Name: CAFECOIN
Token Sale Date: July 1, 2018 – August 31, 2018
Total Tokens: 100,000,000 TOKENS
Hard Cap: $150M
Soft Cap: $30M
Accepted: BTC, ETH, LTC, RPL, XRM, XRP, TETHER
Token Supply: 40.5M
ALLOCATION OF FUNS
30% - Product development
25% - Marketing
25% - Strategic Acquisitions and Market Penetration
20% - Reserve Stability Fund
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