Two of the biggest opportunities for cryptocurrencies are e-Commerce and remittances.
Both of the applications for digital currencies are limited by the price volatility in crypto.
For businesses it is challenging to accept crypto because it’s value can quickly change after the consumer has paid for their goods.
Workers who want to send funds to their family in a different country have a similar problem. The value of the crypto can change from the time they have first sent the transaction to when it is received.
Send is a new semi-stable digital currency which could be a potential solution to the problems.
Send holds the price for a set period of time. This price depends on the actual use of the network during that period of time.
Why is SDT different to other digital currencies?
The key difference between SDT and other stable tokens is that SDT is not pegged to the price of an asset. Instead it is a semi stable token which uses consensus to arrive at a stable price for a limited period of time.
What is a consensus period?
A consensus period is a set time frame during which the price of SDT is stable. The price is set according to transaction volume and network liquidity.
What is the Send Consensus Network price?
When using SDT inside of the Send Consensus Network users are guaranteed the SDT Consensus Price as minimum for that particular transaction.
What is WeSend?
WeSend is a peer-to-peer money transfer network that uses SDT to facilitate remittances.
How does the SDT token sale work?
The SDT token sale will last over the course of a year. During this period the price of SDT will increase depending on the real world usage and growth of the Send network. Any unsold tokens will be sold at the end of the day.
How many SDT tokens will be sold?
There will be a maximum of 161 million SDT tokens sold.
What is the price of SDT token?
SDT will start at $0.20 = 1 SDT. This will increase to a maximum of $20 = 1 SDT.
Where can you find more information?
Send Website: https://www.sendprotocol.com/
Send Whitepaper: https://www.sendprotocol.com/documents/whitepaper.pdf
Send Twitter: https://twitter.com/sendprotocol
Send Facebook: https://www.facebook.com/SendProtocol/
Send Telegram: https://t.me/joinchat/F3htKg7MOesED8NTNBHn9A