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.
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................................Full article at https://goo.gl/D2SAfp
Original content written by myself and originally posted on oilseedcrops.org and posted https://goo.gl/D2SAfp
Youre quite right, because Im having a very hard time converting fiat to crypto. Coinbase has disabled my buying function. Fees are ridiculously high on all other acquisition platforms available to US citizens (e.g., changelly), and local bitcoins requires a lot of legwork to pull off a transaction. Id be much more crypto liquid without all the barriers to entry and roadblocks that exist today.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://www.oilseedcrops.org/2017/10/19/the-most-controversial-ico-of-2017-ankorus/
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks bot, I wrote the article my self, then posted a clear link and citation that the story was mine, with links.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit