As if the world won't stop moving, innovations and new ideas at cryptocurrency and blockchain technology will always appear. Starting as an innovative way for money investment, the blockchain projects have been expanding its courses, ideas, and targets. Cowrium project is developed to help small and medium Enterprises to gain bigger costumer in the SME industry business. Check out this article for more info about Cowrium.
What is Cowrium?
Many Decentralized Blockchain platforms and projects are going on in this modern day. While they keep on evolving, not many people interested in or understand it. Taking those as the basic, Cowrium states its aim to encourage SMEs to use the advanced technologies. Why? the reason is to raise and enable the ordinary people (no tech-savvy) to use cryptocurrency as a method of payment. Whether it is for buying all kinds of products and services.
In this state, it can be said that Cowrium trying to embrace larger users or investors. At the same time, it can help and encourage small and medium enterprises to expand their customer reach and field industries. Think about it, the rise of electronic or virtual money is a sign that the business should evolve and use the current trending payment method. Thus, this blockchain technology is a great solution that runs through a blockchain smart contract project.
How Does Cowrium Work?
It is granted that many investors will ask about how the project work. In this case, the Cowrium project involves the development of native public enterprise-level blockchain. The project uses 2hops POW/POS consensus model and a smart Contract library. At the same time, there will be an atomic swap borderless transaction which will open and support all kind of a transaction with many kinds of virtual or cryptocurrencies. For example, with BTC, LTC, ETH, etc.
To make it even more beneficial, Cowrium offers such an interesting reward for you, costumer or merchants within the ecosystem. The referral and loyalty reward enables you to earn more by referring others to use, join and make Cowrium as a household name. Isn't it the same as other projects? What makes it different and worth trying? One interesting aspect of this project is the use of Cowrie coin as the mass-oriented cryptocurrencies for the global consumer.
What It Is Mean By Cowrie Coin?
Cowrium has developed and uses a native cryptocurrency called as Cowries. It is a digital currency that developed to give easy access and use for both individuals or businesses in the ecosystem. This digital currency can be used for mobile crypto mining or browser mining along with traditional desktop mining. At the same time, you can easily access and use it through a dedicated wallet app from a smartphone or a computer.
What makes it special? Just as said before, that this project aims to have wider investors. It is not only for the savvy-tech people but also for the first-timer. Thus, easier access can help people to grasp how easy to join the project. In this case, you will find some unique features in Cowrie. From the maximum coin value that reaches to 100 billion, easy access Smart Cowrie wallets, broad access for Cowrie Mining, to the micro fast transaction between different apps.
Joining Through Crowdsale
Whether you have joined the cryptocurrency or not, you can always join the system and get Cowrie Coin. How? You can access and buy the coin through the ongoing Crowdsale. Those who have familiar and boarded in the crypto train can join by buying tokens. While for the beginners, you can join and begin the journey by investing in Cowrie coin. During this stage, there will be a special discounted price for those who buy the coin in advance.
In this case, you may wonder about the coin sales, allocation, and fund distribution. Again, this project is open to everyone. If you are interested, you can check their official site (www.cowrium.net) to join the journey. The coin sales are raised via 4 stages of pre-ICO stages in 2018 – 2019 and crowdfunding stages in 5 phases (2020). All the stage will be open to traditional and social media promotion. Currently, the public crowdfunding phase 4 is still going on in April.
The Coin Allocation And Fund Distribution
The token sale and aftersales referral reward will have the biggest portion of coin allocation which is 50%. On the other hand, the rest 50% will be distributed for 5 parts as a fund to raise and develop a better investment project. Around 20% of your Cowrie coin fund, will be distributed for the founder and teams. Then, there is a 10% portion for marketing plus advisor, 10% for future partnership, 5% for special projects, and 5% for bounty, airdrops, referral, etc.
Meanwhile, the fund distribution will be distributed as 55% for all kinds of product development and implementation. This portion will be heavily applied to maintain all the blockchain system, the Cowrie Coin, along with other interconnected apps in the Cowrium platform. At the same time, 25% of the fund is going to be poured for the marketing and community works. Then, 10 % for administrative and general, 5% legal and 5% for security and compliance.
The Overall Vision Of Cowrium
What the Cowrium project seeks is a new and innovative way in the crypto world, which is an easy and user-friendly platform. The unique economic system will provide usability for merchants and users through the one-of-a-kind Cowrie coins as its currency. All the systems will be linked with the Cowrium Pay module which acts as a financial system in the ecosystem. At the same time, the project targeting SMEs, Merchants, costumers, and crypto investors.
Until here, hopefully, you understand the potential of this cryptocurrency. As one of many kinds of virtual investment projects, Cowrium has its interesting vision and targets. They target small and medium enterprises. At the same time, the aim is to help the business to widen the customer reach and upgrade themselves. With the newly developed Cowrie Coin, you can always try and join the easy designed project even if you are not a tech-savvy.
Ann Thread: https://www.cowrium.net/
Website: https://www.cowrium.net/
White Paper: https://www.cowrium.net/cowrium-whitepaper.pdf
Social Media:
https://twitter.com/cowrium/
https://www.facebook.com/cowrium/
https://medium.com/@cowrietoken
https://t.me/cowriumgeneral