New crypto on the block!

For those of you who know me some, you might know that although I highly favor Crypto over Fiat currencies, I am also highly skeptical of new tokens.

Today, I am making a crypto-currency post because I am very excited about a new option for crypto-currency investors. I do not usually qualify tokens, but this time I will. I have always been curious about investing psychology and all of valuating factors that go into investment vehicles. Risk exposure is of course the biggest factor for an investor. Speculative investors tolerate more risk as compared to institutional investors (professional investment organizations). High risk of course can also result in high returns.

Up until now I have defined crypto tokens as high speculative commodities. Well, even commodities have some intrinsic value like wheat, soy and silver options. Yet I do recognize that the mass adoption of tokens in the past has been will: speculation. People are buying cryptos to somehow preserve or enhance their purchasing power.

The Quint

Without further explanation, I want to present a unique crypto currency option: the Quint. I would say that is more like a gold option powered by blockchain transactions technology.

https://quintric.com/

The Quintric monetary system combines the best aspects of precious metals, cryptocurrencies, and legal tender into one revolutionary, patent-pending, medium of exchange. Harnessing the stability of gold and silver, the technological prowess of cryptocurrency, and the legal standing of the U.S dollar, Quintric addresses challenges ranging from inflation to deflation, from carrying costs to currency exchange rates, and from transparency to transaction times. The system's design and implementation represents the combined efforts of leading monetary reform experts determined to succeed in finally creating cryptos that can actually function as usable currency. Each of the five interoperable, yet independent, specie-based tokens constitutes a vital piece in completing that elusive crypto puzzle: Quint; QuintS; iQuint; iQuintS; and QuintX.

Why is this such a big deal:

BITSHARES: The Quint is available on the Bitshares network. A powerful, efficient, scaleable and highly secure blockchain network. In my personal opinion, Bitshares (BTS) and EOS serve to other block-chain projects as an example of next-generation, decentralized, block-chain networks. @stan is the helm of this ship and he is a man with a plan.

INSTITUTIONAL INVESTORS: I would qualify the Quint as the closest yet to what will be known as institutional grade investment tokens. The Quint is backed by a set amount of gold. It's base value will be the current price of Gold in international markets. This creates an intrinsic (non artificial) price floor that investor will rely on to secure their investments. The added value of this token will come from the power that the Bitshares network will provide in: low fees, efficient transactions, secure transactions, and institutional trust (I trust the BTS network).

MASS ADOPTION: The Quints will serve as bridge between Precious Metals, Fiat, and Crypto storage of purchasing power. Gold and are Silver are historically reliable investment vehicles for institutional investors. Gold and Silver tokens are also recognized by the US Federal and individual States as a non-taxable mediums of exchange (this mostly means you can pay your taxes with Gold/Silver or Gold/Silver equivalents).

PURCHASING POWER: I think that the Quint will serve a great purpose in the hedging of "Purchasing Power." This will not be a highly speculative token (will not be so volatile), but there will be some added value apart from the Gold price minimum. Hopefully this token and other similar ones will someday completely replace Bitcoin (BTC) as a hedging mechanism.

OPTIONS: There are so many other unique features that Quint will have that I cannot mention them all. Overall I think that this is a sound and reasonable investment option. Please have a look at it yourself. I would love to hear your opinion of this Quint token.

Disclaimer: I am not a professional financial adviser. The contents of this post are of my own opinion. All media was copied from https://quintric.com/