INO COIN INO to Siacoin SC Exchange

Crypto Pair Details: INO to SC

INO COIN INO

InoCoin is a decentralized cryptocurrency built with the sole purpose of helping prospective new businesses find funding. Our aim is to draw in a large pool of funding applicants and pick the ones who prove they deserve the investment. We base our decisions on a set of criteria that are purely objective, built as a result of our extensive experience with investing. This guarantees that InoCoin will keep growing, because it is not directly tied to the market, but only to the select, high-quality startups we choose to fund. They use blockchain technology because we believe in its future, because we are business people and have a logical outlook. Providing transactions many times quicker and cheaper than are currently the norm makes blockchain the perfect decentralized system. It gives every person the opportunity to be a successful investor, whereas a classical banking system limits investment options to just a small circle of well-funded individuals. InoCoin works both for startups and for investors. We strive for win-win deals. Every successful startup is a win both for investors and for InoCoin. INO coin is a utility token that will pave the way to the future of crowdfunding. Unlike most other platforms, it is also a universal payment tool and, apart from investing in and funding various projects, it will also act as a currency that allows people to take advantage of the innovations which are being developed thanks to it. After investing in INO, for example, you can receive smart services and all kinds of products from the projects you support. Ino Coin is the global platform for funding and guiding prospective young blockchain projects to success. It’ s backed by a variety of people with extensive technical and business skills– a team that will share advice and provide constant direction to young teams in addition to providing funds.It’ s a unique decentralized system for joint decision making between the lead team, project representatives and all investors and owners of the currency.Share knowledge, ideas and shares through InoCoin.

Siacoin SC

Sia is a decentralized cloud storage platform similar in concept to Dropbox and other centralized storage provider where instead of renting storage space from a centralized entity, clients rent storage space from other peers. The only difference is Sia uses blockchain to facilitate transactions Nodes provide storage to clients using the Sia blockchain as contracts. Before storing the data, the data is encrypted into many pieces and uploaded to different hosts. Siacoin is created by David Vorick and Luke Champine of Nebulous Inc. As the traditional storage platforms are higher in cost, more expensive and data is not well protected. Siacoin promises to offer secured storage transactions with smart contracts which is more affordable and reliable. Moreover, it is completely open source which means many individuals have contributed to Siacoin’s software hence there will be an active community building innovative applications on top if the Sia API. In 2018, Siacoin aims to introduce file sharing and be the go-to cloud storage platform for companies. Their goal is divided into 3 time frames which are short-term, medium-term and long-term development. Short-term development focuses on file sharing between Sia users. This allows Sia users to share files in the platform without having to take it off the cloud while increasing network utilization. Medium-term development’s goal is to enhance partnerships. This means reaching out to large companies like Netflix and Dropbox to hopefully be able to be their storage and distribution framework. Lastly, long-term development aims to expand its horizon to share files with non-Sia users and support mobile wallets.

SOURCE: COINGECKO

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