Why TokenPay ICO is 2018’s multi-bagger
Here we go
So I’m looking at this exuberant crypto market on 17-Dec and BTC is making it’s run to smash the $20k barrier.
C20, an index tracker covering top 20 market cap coins has performed strongly, well over +100% in just 15 days and it hasn’t listed.
Now is the ideal time to consider solid investment cases in the crypto space. What I am searching for is the next big coins that will make it into that exclusive Top 20.
Why? The Top 20 is a mark of achievement and legitimacy, where funds start to flow freely into projects and technology is consequently rapidly developed, adopted and credible. It means high valuations of $1bn+, listings on the biggest exchanges and widely adopted (and useful!) technology.
Enter TokenPay (TPAY)
What is TokenPay?
To understand the genuine appeal of TokenPay it’s instructive to begin with its whitepaper and examine the newcomer alongside its peers.
The whitepaper succinctly describes TokenPay as “a blockchain project that incorporates Bitcoin cryptographic technology with advanced security and privacy features. Additionally, TokenPay is building out a platform that combines banking and a closed-end private exchange. This enables wider adoption of the coin via consumer and merchant services.”
So in other words, TokenPay takes the underlying blockchain technology on which Bitcoin runs and improves upon it with highly advanced security features.
Many investors in cryptocurrency right now are making their start on Coinbase where they see only three coins. Likely they have only heard of one, Bitcoin. Make no mistake, not only is Bitcoin very expensive and slow but it offers close to zero privacy. Any government with an interest in Bitcoin transactions could easily link transactions to your private wallet.
TokenPay is great because it stays true to the benefits and underlying values offered by cryptocurrency as a concept. The great appeal of moving away from fiat to crypto ought to be its philosophy of decentralisation and independence, that is breaking away from the highly inflationary and financially destructive monetary system of our times.
Our current model of money has seen the potential wealth of younger generations eviscerated compared to those that preceded them. Moreover, the Snowden revelations underscore that nothing is safe from government view, no matter how innocent or mundane your life may be, almost everything you do can be recorded and watched.
That is why I’m a firm believer in the value of privacy coins, which offer escape from governmental oversight and control. And it’s not just me, the market loves them !
TokenPay vs Peers
TokenPay is the newcomer in 2018 that looks to challenge the incumbent privacy players in Monero and ZenCash.
Monero has a huge $5.4bn market cap and a well known entity. It is based on the CryptoNote protocol, rather than Blockchain, and uses ring signatures that enable the sender to hide among other transaction outputs, making it “private, optionally transparent”.
ZenCash, $94m market cap, advertises itself as possessing “the ability to use transparent and shielded transactions for blockchain based commerce” with “shielded transactions using zk-SNARKS from Zcash”.
What both lack, which TokenPay offers, is encrypted chat and Tor Network integration. TokenPay is more than just an ultra-privacy coin, it is “the world’s most secure coin”
TokenPay contains several unique features such as multi-signatures, ring signatures, dual-key stealth addresses, ZK proofs (zero-knowledge), along with a fully encrypted and decentralized Tor network integration.
This means you could chat to another TokenPay user stipulating terms and conditions for a transfer of tokens, and it would be entirely secure and invisible to all except yourself and the other user. The Tor Network cannot be hacked even by the NSA.
What this means it that TokenPay is the only coin to be completely private, with an encrypted chat that runs on the Tor Network.
Check this handy table below for TPAY vs Monero /Dash / Bitcoin /ZenCash — TokenPay comes out top with the greatest array of privacy features
Top 10 TokenPay features and benefits
There is far too much contained within the whitepaper to cover in detail, and that is a good thing — it is the sign of a methodically organised and well prepared team.
While you should always read the whitepaper yourself, let me put forward 10 key additional reasons why I am an investor in TokenPay :
- Tiny coin supply of 25m coins comparable to Bitcoin’s 21m. The reason a small coin hard cap supply is beneficial to holders it that it stokes demand over a restricted supply, thereby supporting a strong market cap rise. If TokenPay can achieve a market cap valuation above $1bn, which I think it will if it is perceived as a solid alternative to Monero, ICO investors will be very well rewarded with multibagger gains
- Fast transactions, almost instantaneous, unlike Bitcoin where you can wait hours for transactions to be authorised
- 5% staking interest per year giving token holders an incentive to hold, not dump, basically dividends. For example, say you originally hold 500 TPAY and hold for one year, the next year you will have 525 TPAY. It also helps guard against the classic ICO ‘dump on listing’ tendency as seen with Electroneum earlier this month.
- Aiming to become an international bank with Swiss domicile, the international privacy gold standard jurisdiction for centuries. TokenPay plans to introduce a complete suite of merchant services through the robust TokenPay banking platform so you will be able to bank as you do normally but with cryptocurrency instead. Importantly, Switzerland already has at least one bank that is licensed to conduct Bitcoin transactions, albeit where this bank is struggling TokenPay will succeed.
- Debit card available for all holders, this is really cool. You can make purchases paying in fiat in any country with TokenPay’s crypto based card
- Cards able to use ATM machines for customers. No fees if you use in your home country
- Fees for merchants as low as 0.25%. Contrast to the status quo, VISA, where every time you swipe they collect 1.51% on top of the purchase price.
- TokenPay wallets are incredible, they are secure and encrypted, employing breakthrough Proof-of-Stake automation technology that is powered by the fully decentralized TPAY blockchain. If you have a desktop wallet you receive rewards for simply leaving the wallet open! The wallets are decentralised, malware resistant and also powered by its users
- TokenPay has teamed up with the Lead Developer of Verge (XVG) to comprehensively audit TokenPay’s blockchain. For those that don’t know, Verge currency is a widely adopted privacy coin whose developer “Sunerok”, is regarded as a a genius in blockchain privacy and security. It’s quite a coup that speaks volumes of TokenPay’s leadership team.
- Receive a 50% bonus available until 21 December, just three and a bit days left from now. Basically you are getting a superb discount that should see you ahead of the market on listing, and with TokenPay tied to the value of Bitcoin until then, any further rise in Bitcoin prices shores up the value of TokenPay commensurately. Use my link available here to quickly lock down your bonus : tokenpay.com/?rc=0RL8K
Conclusions
I will let you take it from here, always do your own research (DYOR) !
TokenPay Whitepaper : https://www.tokenpay.com/whitepaper.pdf
I am invested, but I am well researched and 100% accept any risks entailed. I fully expect this to be one of 2018’s biggest coins, the timing is right.
Know that the TokenPay team is both highly professional and very approachable so if you have any questions you need to clarify before you invest you can hit them up on the below forums :
Facebook: https://www.facebook.com/tokenpay
Twitter: https://www.twitter.com/tokenpay
Telegram: https://t.me/tokenpay
Over and out,
CryptoBeesKnees
