The only way I see the cryptocurrency world expanding, including smart contracts, is a connection to traditional finance. Call me a heretic, but there will be little market cap expansion without easier points of entry and exit for new entrants, and a way for those who have (stocks / bonds / ETF’s) for example to exchange that value and invest into the blockchain cryptocoin ecosystem.
This is what Ankorus will bring during their ICO, a platform to connect cryptocurrency traders to institutional finance and financial assets. Ankorus is a cross between Coinbase, E-Trade and Tether, all rolled into one.
The Most Controversial ICO of 2017, ANKORUS
As we witnessed over the last week Bitcoin reached all-time highs around $5900, but we saw altcoins decline across the board by 10-20% or more, this is a gargantuan signal that there is not enough money to go around in the cryptocurrency ecosystem.
With that said, total cryptocurrency market capitalization has increased from $1.5bn in May 2013, to $179bn in Sep 2017, a 120-fold increase in less than four and a half years. This allowed the current cryptocurrency ecosystem to develop in its own peculiar space, ring-fenced and relatively isolated.
So if these numbers on their own are impressive, and they certainly are, just imagine the potential upside when the gates are opened wide to mainstream finance by platforms such as the upcoming Ankorus ICO.
Source: www.cryptolization.com
In a true bull market everything rises, it’s the inverse in the crypto space. BTC rises and pulls capital from every other token / coin on its rise. On the way down, it’s green across the board for the other 820+ altcoins as profit takers reinvest BTC gains in cheap buys.
The only way I see the cryptocurrency world expanding including smart contracts is a connection to traditional finance. Call me a heretic, but there will be little market cap expansion without easier points of entry and exit for new entrants, and a way for those who have (stocks / bonds / ETF’s) for example to exchange that value and invest into the blockchain cryptocoin ecosystem.
Cryptocurrency traders are presently locked into the existing ecosystem that that they cannot leave, they can only keep funds in crypto or USDT Tethers. The closest model of movement out to real world finance is Veritaseum’s P2P capital markets without brokerages, banks or traditional exchanges.
This is all about to change with the upcoming Ankorus ICO in November 2017. The Anchor Token system will be an alternative investment ecosystem that tokenizes and makes available any financial instrument, including stocks, bonds, futures, options, gold, silver, commodities, REITs, ETFs and sovereign debt. This will allow cryptoholders to truly diversify their portfolios across multiple asset classes and buy real world financial assets in exchange for cryptocurrency.
Anchor Tokens (ANK) will allow cryptocurrency traders an opportunity to move some of their wealth into financial assets seamlessly or vice-versa. The rapid growth in cryptocurrency we have seen in the last year has been accompanied by volatility and bottlenecks in infrastructure with your only option ride out huge market swings in USDT. What if you could use one of 60 cryptocurrencies to purchase ANK tokens, choose the financial assets you wish to purchase, something really stable like Nvidia shares, ride out the volatility and re-enter your position in the crypto market all utilizing Anchor Tokens.
Auditing, oversight and safeguards through a registered broker-dealer offers credibility among market makers, professional traders and institutional investors. Combine this with blockchain technology’s extreme transparency and suddenly you open the flood gates for the broadest groups of users, which is exactly what the ecosystem needs, new capital inflows.
Ankorus is a cross between Coinbase, E-Trade and Tether, all rolled into one.
Ankorus TGE runs from November 25th to December 25th and there is no Pre-Sale to make open and transparent for everyone. Download the Whitepaper www.ankorus.org
David DuByne produces the ADAPT 2030 series on YouTube covering agriculture production losses due to the Grand Solar Minimum intensification which will lead to never ending food price rises, smothering the disposable income economy and global adoption of smart contracts for bulk ag deliveries circa 2020.
You only need a history book to see the changes during the Maunder Minimum, Wolff Minimum, The Late Antique Little Ice Age that a GSM brought to their economies and society. This time we have technology, and we should use it wisely. David is also an adviser for the Ankorus ICO.