A Novel Application for Niche Cryptocurrencies
Anyone who does not understand that blockchain is the technology that will drive the future has been under a rock for a long time. Even if there is absolutely zero comprehension of what blockchain or Bitcoin actually is, most people have heard the sensational news stories that come out every time a new record value of BTC smashed (we are eyeballing the $20k ceiling here as these words are penned) However, with that said, most people have never used bitcoin in their day-to-day lives, and they have almost definitely had zero experience with trading against bitcoin in a cryptocurrency exchange market such as Bittrex or Coinexchange.io. “What is the point of making those two statements?” Many readers are probably asking themselves this exact same question at this exact juncture of this article. However, what this means is that there is a huge disparity between the capabilities of blockchain technology (such as niche applications, as discussed within) and the deployment of the blockchain for convenience and efficiency in everyday life. The difference between people who understand the inner workings of blockchain technologies versus those who know what bitcoin is but do not use it, and again, versus those out there who are unaware of the massive varieties of niche applications for which blockchain technologies can be implemented is, quite frankly, simply staggering. The purpose of this piece is not to discuss these disparities, but it is necessary to have given the above explanation, so that the article is easily comprehensible. Rather, this article will cover one of the aforementioned niche application of the blockchain that can really revolutionize an entire industry – the substance abuse treatment industry. The United States of America is facing an opioid epidemic that has never been experienced before. Because of this, the demand and intrinsic need for more rehabilitation center beds is a must. The problem is, unless the facility is a bourgeois center in California, the average inner city combination detoxification/inpatient rehab centers across this nation are in an existential fight for their very survival, with many city funded centers being forced to shutter their doors or greatly reduce available services due to cuts in government grants and other nonprofit funding sources, upon which they rely. Thus, if a substance abuse center were to be able to issue their own cryptocurrency, to be given to incoming patients in exchange for their cash/other funds, as instant currency cannot be allowed while a patient is in an inpatient program. These tokens would be used to purchase anything and everything from within the self-contained ecology of the inpatient centers that follow the protocols established for model centers (documentation upcoming). To grow in value, thus providing a stable source of income for the centers that hold tokens as a store of barter value, the token asset would also seek listing on multiple ERC20 token exchanges, thus allowing the market to set the final value of the token, which would almost certainly translate into a budget surplus for the center, which could be used for modernization of equipment and supplies; as well as surpluses that would be obtained on behalf of the patient, as well. This is all a conceptualization, of course, but the plan is to move into a pilot phase within a 24-bed clinical test unit that is fully contained, with food, laundry, recreation, laboring, and many other services all available to be purchased with the niche ERC20 tokens. The reason this is necessary is one of common sense. Addicts and alcoholics should not handle cash during their time in acute treatment as well as the time period immediately following the acute portion of their treatment. The benefits are both indirect and direct, with the highest potential for gain being an indirect benefit of the market fluctuations that will occur while trading the asset that inpatient clients use for subsistence while in the program, all being traded in a free and open cryptocurrency trading market. Because of the practicality and usability of this asset it is very likely to succeed in the markets as well, thus converting this into direct, tangible benefits for the clients and the centers alike. So, the question became – should substance abuse treatment centers have to hire coders to code us up a wallet? Should they have to create our own project from the ground up? Or should they be able choose an ecosystem that is already well-built, well-established, with a stellar reputation to boot; and release their niche project on a well-built blockchain project, like Ethereum’s ERC20 token standard? No, really, the best platform for releasing ERC20-compliant tokens on the fly for practical use as well as an investment tool happen to be the upcoming CoinStarter platform (Join using my referral link for a bonus - www.coinstarter.com?ref=7xjox7q7d). Right now, the platform is in the beta stages, so they are collecting applications for projects that wish to crowdfund or issue a full ICO offering once the platform goes live. The estimated number of projects that are in review is well over 12,000. The amount of wealth that the CoinStarter project is going to create is going to be simply staggering. Personally, your writer has been a member since at least September, but I have recently seen the project begin to take off in terms of features and, most importantly, in vision. The plan is for any project to be able to issue their own currency, once they have been verified by the platform. Niche applications, such at the substance abuse treatment center listed above would be able to issue currency on the fly, as a reaction to a client’s improved work ethic, number of clean drug screens, as well as other positive reinforcement methods – all to be combined with the ability to trade and purchase these tokens in a variety of places, as well as a direct exchange for any cash that a client brings into the center with him/her. Again, this is all conceptual right now, but the idea is very, very promising. If blockchain projects are able to infiltrate into mainstream society with this much ease, the only barrier that really exists now is making people aware of the existence of projects like CoinStarter, which makes it possible to skip the technical know-how associated with coding your own token, right down to fully issuing the new currency with a few mouse clicks or finger taps. Stunning! Sources: CoinStarter Frequently Asked Questions – www.coinstarter.com/FAQ CoinStarter Whitepaper – www.coinstarter.com/whitepaper. RUPEE Digital Blockchain – www.rupeeblockchain.org.
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CoinStarterBOX: A Quick Note on Potential
So, in case my readers do not know by now, I promote the CoinStarter project frequently. It fits my needs both as a personal investor and a crypto professional. This deviates a bit from the normal to discuss CoinStarterBOX, the flagship token ICO subscription service that is unique to CoinStarter. Just imagine – It’s 2015, and in a parallel universe, this service already exists. During your monthly subscription, you receive some unknown coins called “ETH,” to the tune of 1000 ETH. Imagine also that you are a long-term investor, and you held those 1000 ETH until this very day. You log in to check the value, because you have been living under a rock for quite some time, and you see that your 1000 ETH is now worth $678,000. WTF? You say. Then you check again. Then, you do a little jig right there where you stand, You head over to the exchange side, and cash out your ETH for BTC, then make a 650,000 USD deposit in your bank account, as you smile, completely baffled at the wealth that was just created. Ladies and Gentlemen, such is the potential of the CoinStarterBOX ICO subscription service. It’s a very ambitious project that has the potential to normalize ICO fundraisers as well as create enormous wealth for it’s subscribers. Best yet, if you contribute the equivalent of 1 ETH (real world, not the scenario described above), you get a subscription to CoinStarterBOX for 2 full years. Think about that. For more information, join using my referral link, so we both get rewards, by visiting https://coinstarter.com?ref=7xjox7q7d So, it’s early this morning. I woke the midnight-to-8 a.m. shift without very many clients having legal questions for my viewing an counsel.
With that said, I started to look at the CoinMarketCap feed on my member’s page when I logged into CoinStarter.io. I ended up taking a look at the feature that was embedded into the CoinStarter page, which allows users to select the cryptocurrencies that they have investments in and display only those on the feed. I now have a place to go where I can compare the performance of all of my crypto investments, so this is one of the most useful tools of any of the thousands-upon-thousands of crypto-related companies so far. This is great, but anyone could have done that. I was then caught asking myself what the inherent benefit is to getting on board with CoinStarter like I have and am still planning on. I found many. First, you can follow along with me using the following links: https://coinstarter.com/?ref=7xjox7q7d – This is my referral link. I usually do not use this forum, but the simplicity and rewards associated with building a referral team on CoinStarter far outweighs the risk of appearing impartial. The fact is, I am not impartial. I love CoinStarter and plan to sign up as many people as possible. However, had their ideas been nothing but a bunch of echo-chambered bullshit that can be found at any crypto project on the globe, I would decidedly NOT be supporting the project. https://coinstarter.com/faq - This is the Frequently Asked Questions section of the CoinStarter website. You should start here first, in order to understand the project an the developers’ intention to make CoinStarter the premier name in ICO launches. https://coinstarter.com/whitepaper - Click here to read the whitepaper. This should be the second thing that you read. It includes all of the technical details of the project, and if you sincerely want to invest in CoinStarter, the whitepaper is of vital importance to you and your team. After you have read these, start looking around at the site. You can apply to become an ambassador, refer friends to get coins, an sign in daily to get a small reward (it use to be much larger, but was meant for “early birds”). Okay, let’s get back to it! CoinStarter has partnered with Businefy, allowing those who wish to use the amazing business tools (project management, payroll, expenses, etc) associated with Businefy by using StarterCoins to pay for Businefy services, which is an AMAZING idea. The other big product that the CoinStarter develops are implementing is CoinStarterBOX, a new, paid subscription service that automates client participation in selected ICOs, or in their terms, you get “the newest coins delivered monthly to your waller.” This is a novel idea, and I personally think that it may be the answer for people with busy lives to invest and have a competitive edge against the other people who use the exchanges are their main source of income by trading altcoins all day. So, back to my initial question to myself – why should I dedicate ANY of my very, very, very limited time to support a project like CoinStarter? I joined because they were offering an incentive to join, but what is the reason to stay? Quite simple, really. The answer is that CoinStarter is at the forefront of current and future ICOs, and those of us who have at least played with cryptocurrencies know that ICOs are creating wealth like nothing else ever has in the history of mankind. Cryptocurrencies are the future, and CoinStarter seems to be right there, the tip of the spear, so to speak. Some of you may be wondering, so I will state it clearly from the beginning. NO, I am NOT leaving the RUPEE developer team. I am still the co-founder of the RUPEE project as well as their US marketing lead. That project serves an entirely different purpose that CoinStarter, although I can see a RUP-based ICO happening on the platform (I cannot make that decision on my own, and more research is being done). Also, a possible partnership between RUP and CoinStarter has not been considered yet. I think it is a great idea, because we eventually want to begin giving loans in RUP as part of our project’s professional goals. This is in tandem with CoinStarter’s goal of funding and facilitating ICO’s. We will touch on that at a later date, once I have had the chance of discussing things with the CoinStarter developers and my co-workers. So, everyone – to make a long story short – Join CoinStarter Today. You will be glad that you did. Again, that referral link is https://coinstarter.com/?ref=7xjox7q7d. Use it so that we both get rewards. Alternatively, you can click on the CoinStarter banner ad below. Cheers, William Hi Everyone,
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RDSCRYPTOThe main contributor to this blog is a man named Will (rdscrypto). He is a part of the RUPEE Digital Currency team and focuses mainly on marketing, public relations, and feature implementation. Archives
December 2017
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