Psyche aims to build an improved and convenient DeFi system to encourage non-technical people to participate in the cryptocurrency ecosystem.
Psyche token private sales are ongoing at the moment, a total of 100,000 psyche token will be up for sales, you can buy Psyche tokens with BTC or ETH. No KYC is required, you can buy some psyche token by using this link : https://psyche.cash/private-sale/
Now let's get down to business, shall we?
Due to the current pandemic around the world that has crumbled the financial market which made it clear that there's a need to overtake our current financial systems and weeaknees that exist within various currencies and financial system all over the world.Cryptocurrency on the other hand has always been a better way to do finance, but the spotlight has now turned on alternative payment methods in the age of agitation, and the current worldwide crisis.
Although since the creation of the first cryptocurrency, thousands of cryptocurrencies has come into existence but sadly only a few of them are uniquely and adequately positioned to actually provide benefits to people around the world in a way that is more affordable, fast and secure payment system. One of the few cryptocurrency is Psyche Coin.
Alot of people at this point will ask
What is Psyche?
Psyche is the future of DeFi, it is set to revolutionize the crypto sphere by introducing the fusion of crypto and user-friendly technology in order to connect more people to cryptocurrency in an easy way.
The name Psyche was originally inspired by Psyche 16, the most valuable Asteroid in the space with aim to support the research and mining on Psyche 16 in the near future.
Now we know what is Psyche, how we got the name "psyche" and features of pysche coin, this feels like the right time to talk about
Why Psyche?
Well, since Tether (USDT) the most famous stable coin has experienced issues regarding their format of evaluating collateralized IOU and shady distribution of usdt by the tether team ,pysche coin is quite different in some certain ways, yeah it is also a stable coin with a face value of $1.00 and also psyche is an ERC20 utility token, but pysche coin focus on accurate exchange prices and free transactions.
Psyche Coin is based on the groundbreaking Reflex Algorithm, was specifically built in order to make blockchain more accessible to just about anyone which includes non-technical people with little or no knowledge about crypto.
Reasons to choose Psyche token :
Fixed price : since Psyche token is a stable coin which means it has a ratio of 1:1 with the US dollar, so each psyche cost $1,so you can have peace of mind, since it is a stable coin the price of psyche coin will never drop.
No Transaction Fee :
We have seen the recent rise in transaction fees in alot of cryptocurrencies, which has made alot of people unable to transfer their crypto from one place to another, due to the high gas fees needed for that, well by using psyche, you are free to transfer your psyche token from one place to another with zero gas fee needed.
Sounds cool right?No commission :
By using the psyche coin there is no group of people entrusted by a government or other official body with authority to do something.No FX Losses :
A foreign exchange (FX) loss occurs when a person buys/sells goods and services in a foreign currency, and that currency fluctuates relative to their home currency, so Psyche Coin users will not incur any foreign exchange losses.
Conclusion :
The fluctuation of value of cryptos is partly why many people are wary of cryptocurrency, so a stable coin will be required for every business, and thus it has applications across various platforms. Psyche will provide peace-of-mind for the buyers/seller as they know the value of the transaction, there will be no change in the price in the coming days.
Token Metrics :
ERC20
Token Name: Psyche
Total Supply: 100,000,000,000
Decimals: 02
Symbol: USD1
Mint: The new token will be mint once
the purchase of token occurs.
Preminted : 30,000,000
Burnable: psyche coins will be burn to keep the
supply and demand in order for the purpose to maintain the price.
Meet the Pysche Team Members
Twitter: https://twitter.com/xindgi
LinkedIn: https://www.linkedin.com/in/khan99/
LinkedIn :
https://www.linkedin.com/in/asadjb/
LinkedIn : https://www.linkedin.com/in/lucya-fedoruva/
LinkedIn :
https://www.linkedin.com/in/adeel-javed-215a7b97/
LinkedIn :
https://www.linkedin.com/in/khan99/
LinkedIn :
https://www.linkedin.com/in/kamran-ramzan-915521139
LinkedIn :
https://www.linkedin.com/in/arman-ashraf-414ba485/
LinkedIn :
https://www.linkedin.com/in/juan-david-64623a1a8/
LinkedIn :
https://www.linkedin.com/in/henry-javier-gonz%C3%A1lez-soto-542b80178/
LinkedIn :
https://www.linkedin.com/in/syed-muhammad-babbar-ali-96b91520/
LinkedIn :
https://www.linkedin.com/in/claudia-martin-martinez-35175b165/
Here are some Useful Links :
Website : http://psyche.cash/
Whitepaper : https://psyche.cash/download/whitepaper/
Medium : https://psycheusd.medium.com/
Telegram : https://t.me/psycheusd
Twitter : https://twitter.com/psycheusd
Instagram : https://www.instagram.com/psycheusd/
Facebook : https://www.facebook.com/psycheusd
Reddit : https://www.reddit.com/r/PsycheCoin/
YouTube :
ANN THREAD ON BTT : https://bitcointalk.org/index.php?topic=5283530.0
Finally, we've come to the end of this article,I hope you enjoyed it, do leave a feedback (if you want).
Thanks for your time, do have a nice day :).
My btt profile link : https://bitcointalk.org/index.php?action=profile;u=790538