Digitize is a unique cryptocurrency ecosystem based on blockchain technologies. Its main function is to help the participants in converting the balances from their accounts into digital currency. Small residual amounts in fiat currency do not bring any benefit at all, whereas their conversion in frames of Digitize platform tokens will allow to gradually increase cash savings. So, this token can be paid for purchases, participation in loyalty programs or profitably exchange into Ethereum. Thus, Digitize project positions itself as a unique digital saving bank, which has already got reaction from many users. A small cash balance is more inconvenient than bringing any benefit, because it take up a place in a wallet, they cannot always be used immediately when it is necessary, and you can easily lose them.
At the moment, the main goal of Digitize platform is the gradual transition of the society to the digital turnover of finance without the use of cash, as the system functioning at the moment is inevitably obsolete and completely does not meet the requirements of the modern rhythm of life. With the help of Digitize project possibilities, a massive transition to cryptocurrency is possible in the foreseeable future.
According to statistics for many countries, most people are interested in converting cash balances into a digital currency. So, in America every year people lose or throw out more than $60 million in the form of small coins, in England this amount reaches more than 340 million pounds sterling annually.
Here is an illustrative example how the system works:
- A user makes a purchase in a store and gets change in small coins;
- To avoid this, he/she just needs to scan smartphone with the open Digitize application through the payment terminal;
- The transaction is instantly performed and is saved in the system thanks to the blockchain technologies;
- As a result, a user receives the amount deposited into his/her account in Digitize tokens;
- Further, the sum can be used at his/her own discretion – it can be saved for the further purchases or exchanged for other cryptocurrency.
Despite the active development of cryptocurrency and blockchain technologies, not all people know about them. Digitize project represents an idea that is close and understandable to almost everyone, because everyone visits a store daily and faces the problem of keeping small change. Thus, the idea of cryptocurrency penetrates into masses, and the vast majority of people recognize the benefits of using it. The benefits of the platform are obvious for both users and sellers. Users are able to carry out the most rapid transactions with minimal costs, while sellers have the opportunity to receive passive income.
Digitize project has assembled a strong team, which has experienced developers in the field of blockchain technology and cloud data storage, investors, analysts, as well as legal consultants and marketers.
The platform has its own tokens - DTZ, that were released in the amount of 200 000 000 and work on the ERC20 standard. One DTZ token costs 0.0002 ETH. The ICO period began on April 6, 2018 and ends on May 6.
The creators offer the following plan for the distribution of released tokens:
- 60% - for public sale;
- 20% - the project team;
- 10% - for the advisers;
- 10% - for the reserve fund.
The funds collected for the ICO period will be distributed according to the following plan:
- 65% - for research and development;
- 23% - for marketing;
- 10% - for administrative expenses;
- 2% - for legal issues.
Thus, Digitize project is an analogue of a digital saving bank, where you can not simply credit the cash balances, but also profitably store them, receive bonuses and conveniently use for other purchases.
Website: https://digitizecoin.com/
White Paper: https://digitizecoin.com/whitepaper
Telegram: http://t.me/digitizecoin
Facebook: https://www.facebook.com/Digitize-Coin-1722108804478394
Twitter: https://twitter.com/digitizecoin
ANN: https://bitcointalk.org/index.php?topic=2907076
Author: https://bitcointalk.org/index.php?action=profile;u=980049
bountyhive username: denvil
In few words something like PiggyBank :)
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haha, in another words just a really cool project
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