Having missed out most of the move i.e. the skyrocketing phenomenon of Bitcoin, Ethereum, Monero and many more, I began to look out for other cryptocurrencies, as a ticket to build my future. That is when I came across MCAP and a firm belief in its potential urged me to pour my money in this AltCoin. I believe it has a bigger growth rate hence I invested a decent sum of my savings in it. As a person following MCAP for last 3 months, today I bring to you a glimpse of scenarios which are governed by the ideology, I profess often about MCAP.
My college buddy from good old days, who is now an investment banker, pings me one day to notify me about his recent investments in MCAP. All he wanted to know was……
How should he benchmark the performance of MCAP?
The need of the hour was to sent him a tactical response driven by facts and figures, the language which is easily deciphered by an investment banker. To which I sent him this screenshot over whatsapp, suggestive of comparative analysis of MCAP amongst significant tokens over chief parameters illustrating its value.
The need of the hour was to sent him a tactical response driven by facts and figures, the language which is easily deciphered by an investment banker. To which I sent him this screenshot over whatsapp, suggestive of comparative analysis of MCAP amongst significant tokens over chief parameters illustrating its value.
To make things more clear I sent him another figure comparing the amounts raised by various coins in their ICO’s.
*Note: At the time of my writing this article, MCAP’s ICO was still in progress.
To this comprehensive evaluation he seemed pretty much convinced.
Your uncle, your family’s so called Mutual Funds Guru, hearing about the preposterous amount of profit you make daily from your MCAP trades seeks an investment advice from you.
Is MCAP allowed to speculation or day trading?
Yes absolutely, you nod your head in consent. The team has got MCAP listed on C-Cex, a global exchange, where you can trade your MCAP in other currencies like USD, BTC, DOGE, LTC etc. and if we follow the announcements in near future there will be a wider availability of such exchanges. Also MCAP team have created their our own trading platform which is primarily a one stop solution with all facilities even the trading.
Your, self proclaimed genius uncle doesn’t stop there, he further enquires….
Is there any term period for it? Does it encapsulate any term period?
In one of their articles and white paper MCAP team states that they believe in “Look After the Pennies and the Pounds Will Look After Themselves”. MCAP is designed in a way to ensure that every penny raised is invested in the most potential market. Investors will receive semi-annual returns in proportion to the amount invested and can trade MCAP when it gets listed at various crypto currencies exchanges.
Your sister who is a freelancer for some prestigious journal house calls you up seeking information on MCAP, for she needs to coin an article on it. She ends up interviewing you instead.
What makes MCAP stand apart from other available crypto tokens?
You take a minute to strategically frame your answer. You begin.
MCAP has its own standalone algorithm to calculate which AltCoins would be most profitable to mine at any given moment based on its difficulty level, trading volume and the profit it would generate. With MCAP tokens, the teams aim is to enable the average user to be able to earn huge returns in the long run by investing in one single coin rather than investing in multiple crypto currencies and hoping for their prices to increase.
Some random white collar dude, who is someone you acquainted on your metro ride in your city, acknowledges your allegiance with MCAP. He is pretty much ecstatic to know about your status, I meant to state your token’s standing.
What all events illustrate that you have been taken hands on by this blockchain industry?
To which you reply in a self contented state:
MCAP has successfully attained an overall rank of 20 amongst all available assets on CoinMarketCap index. Also MCAP now ranks off at 60 amidst 740 crypto currencies listed on this world famous platform. Another record breaking event has been our per person investment, $2240, which is better than most of the existing tokens and coins in the market.
And lastly an answer that we all are looking for………
What is the bedrock on which MCAP survives?
A dedicated team of analysts has been formed to continuously analyze the various upcoming ICO based on more than thirty parameters such as viability and scope of the product idea, intellectual background of the founders and team, applicability of the Idea to mentioned business sector, etc. In short, this team will pick out the best option for the investors to invest their money to get maximum returns.
Writer’s note:
“New money isn’t a dirty word. New money isn’t paper. It’s progress. Old money closes at 5, New money is always open”
Blockchain technology has the potential to innovate and it is my firm belief that it will revolutionize businesses and redefine companies and economies. For all this widespread enthusiasm dates back to the initial days of INTERNET. Eminent people credited internet to be a technology of hype back then has now transformed into a necessity. Similar to this blockchain will provide its users to play a pivotal role in this innovative and barrier breaking technology. Welcome to this digital realm of crypto currency exchanges.
“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.” – Tyler Winklevoss (Co-creator of Facebook)