Setcoin has been nominated for Blockchain Industry Awards Ceremony at the Global Fintech & Blockchain Industry Awards, April 2018 in Shanghai, China.
Setcoin is a cryptocurrency for the Services industry. Powering the hugely popular Inserviss platform, SetCoin reduces your tension of paying for services with your regular cash or credit card. While working on the platform, the Founders Igor and his wife Elena invested a lot of time in understanding the blockchain technology. They came to a conclusion that blockchain technology pioneered by cryptocurrencies such as Bitcoin and Ethereum had quickly reached its limit of transactions. So, while they developed the platform, they looked at a new protocol called the Red Belly Blockchain Consensus. This was perfect for their business model. Nearly all the users on their platform deal in very small monetary value. The RBBC allows for thousands of transactions of low value in a second, compared to seven a second by Bitcoin.
The high speed of transactions, extremely low fee allows users to connect all over the world. Now you do not have to transfer your fiat into your portal account and then go through a painfully slow transfer method of bank wires and currency conversion to pay a service provider (or wait forever for your money to come in your bank if you are a service provider). You can pay your tailor to get that suit sized up, pay with SetCoin immediately, go home and pay for that Italian guy who helped you write that beautiful poem for your partner, with Setcoin!
The SetCoin, powering the Inserviss platform is currently in the ICO stage. The sale will actually start on March 1st, 2018 and end on May 31st, 2018. . The coin is being offered at an extremely low price. For your reference, the developers have set up the following conversion rates:
1 BTC = 100 000 SET
1 ETH = 4000 SET
1 LTC = 1250 SET
1 EUR = 6 SET
1 USD = 5 SET
The coin can be bought from Waves digital exchange.
The Inserviss and its coin has established and reputed partners, such as the LDJ Capital, a big financial advising company and ICO Alert, the foremost organization that tells you of new and upcoming ICOs and their reputability. So you know that this is a well thought venture and not just some college boys setting up a scam to make quick buck.
The Blockchain Industry Awards shows that Setcoin is unto something great. So, checkout Setcoin now, get your own token on the setcoin website.