Infinity Economics XIN

$0.0016
Market Cap $ 0.000 (#161)
24h Volume $ 20.327 MM
Chg. 24h: 1.13%
Algo. score 2.7/5  (#834)
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Infinity Economics project purpose and description

Infinity Economics clarity of purpose

Infinity Economics purpose and aspects

IEP’s Mission is to make the daunting cryptocurrency market accessible toeverybody, accelerating adoption of blockchain technology and democratisizing ownership of cryptocurrencies. IEP makes cryptocurrencies easier to purchase and transfer allowing the average individual to participate in the New Economy.The IEP foundation believes in the philosophical mission established by Satoshi Nakamoto. By creating a secure layer that is accessible to the average person,they put the power in the hands of the people – where it belongs.

Infinity Economics additional differentiation against competition

Cryptocurrency is a decentralized blockchainbased financial system withimmutability and autonomy being its most celebrated features. Cryptocurrenciesenable one to bypass intermediaries and remain independent from traditionalfinancial institutions. However, no cryptocurrency, including Bitcoin, hasmanage to become a commonly used monetary asset. Merchants and serviceproviders are reluctant to accept cryptocurrency payments as it involvesadditional risks of exchange losses and regulatory issues as well as highvolatility. An instrument capable of becoming a perfect global payments systemis commonly used as a speculative asset. This project is devised as a solutionfor the fundamental problem in question, and takes into account the problemsand challenges faced by the current global financial system.

Infinity Economics categories

Digital currencyPayments

Short description

Infinity Economics is not simply a blockchain; it is the combined result of all the hopes and dreams we have invested in this technology. It is the opportunity to leverage a decentralized system to regain something that has been taken from us completely "freedom". Infinity Economics offers everyone a fair, decentralized, and transparent system that renders all third parties superfluous and allows the processing of transactions, contracts, and business within seconds from person to person (peer to peer). This results in very low fees and real added value for all parties involved. Since the total of all available XIN trading tokens (coins) can never be increased and was set at 9 billion, there is an inevitable increase in value over the course of time and usage by users rather than a decrease in value as with the current financial system.

Abstract

Offers everyone a fair, decentralized, and transparent system that renders all third parties superfluous and allows the processing of transactions, contracts, and business within seconds from person to person (peer to peer).

Link to Roadmap: n/a
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