Looking into the modern trend of cryptocurrency, many investors are trying to get into the cryptocurrency game. One of the biggest downfalls of e-currencies is that there is nothing backing them, and are in a potentially volatile market. But what happens when a cryptocurrency is backed by travel agencies and creates an international market for using cryptocurrency in daily life? A new cryptocurrency named Explore Coin is looking to expand the cryptocurrency market and modernize travel.
Explore Coin is a cryptocurrency that is being marketed entirely around travel. The coin’s main purpose is being a simple, decentralized and secure currency that is usable across the world. Explore Coin’s attractiveness comes from its uses, from being able to bypass currency exchange fees and be more secure than cash and credit cards. Explore Coin has been partnering with companies within the travel industry across the globe to create a market for Explore Coin to be used. “Explore Coin is looking unstoppable right now.” Adam Duerschmidt stated, head of Research and Development for Explore Coin, “we have partnered with some huge names in the travel industry, like Ecobnb, and we keep getting more offers for partnerships daily. Our team and partners grow each day with highly qualified people and companies.” With backing not only from major companies but even environmentally conscious agencies, Explore Coin is looking very attractive to not only investors, but many young travelers as well. “We want to make a globally usable currency…” Duerschmidt elaborated, “A cryptocurrency that people can feel good about when they invest and use Explore Coin.”
We asked Duerschmidt about the details on the pre-ICO (Initial Coin Offering), “The pre-ICO is coming on the 30th of September, and we are looking at Explore Coin potentially reaching a dollar by launch.” Duerschmidt continued, “Explore Coin’s pre-ICO will be for a total of 2 million coins, with the price slowly raising in increments. The pre-ICO is starting off at only 0.30 USD, and ending at 0.80 USD, making a 4x increase in its value by the end of presale.” Explore Coin is looking like a strong contender for a spot in the top cryptocurrencies, and as an alternative for currency for international travelers.