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ODUWA COIN: Finally A Solution For Cryptocurrency Volatility
When most people think of cryptocurrencies, they think of the seamless ability to transfer money to anyone with a digital wallet in a few clicks. While the blockchain technology behind cryptocurrencies is indeed revolutionary, ask any cryptocurrency investor and they will say their biggest concern is volatility.
Recent volatility has left many crypto investors not only bloodied and bruised but concerned about the overall future of cryptocurrencies as a safe haven asset like Satoshi Nakamoto envisioned. The crypto market has been held hostage by the big exchanges and whales that have been able to move the market to their advantage, wrecking havoc on the average investor’s portfolio. The result has been a wild wild west ride for newbies.
The good news is that the team behind ODUWA COIN has a solution.
ODUWA COIN is a Nextgen cryptocurrency that offers indemnity and insurance against the volatility of the cryptocurrencies listed on the platform. This is achieved by combining blockchain technology and insurance to give investors a way to insure themselves from losses in the cryptocurrency market.
The financial experts behind ODUWA understand investors’ concerns that investing in Cryptocurrency is an enterprise with high risk considering its digital nature that is always prone to hackers, volatility and high uncertainty within the coin market. ODUWA aims to counter these problems through an intelligent solution, which involves selecting coins to insure, keeping a proportional reserve to the invested amount, and automated Smart Contracts.
ODUWA is a revolutionary platform where investments on approved coins inside their Exchange will be 100% Insured against Depreciation, protecting investors against some of the risks. Because there are lots of worthless coins on the market, ODUWA will approve only four reliable cryptocurrencies against volatility at the beginning and continue to add more as the platform expands. According to ODUWA:
“With a revolutionary solution like ODUWA’s, you have no risk of losing money with absolute protection in the face value of your principal investment. Our solution will play a major role in stabilizing the market and creating a new trust economy. Once you purchase your ODUWA tokens they become immediately available upon purchase, deployed through Etheruem.”
To put ODUWA in perspective, it is basically a decentralized exchange platform like Coinbase, Bittrex HitBtc, etc with an option for asset protection within the exchange for investors on a contractual term using Smart Contract technology developed by the ODUWA team. ODUWA insurance is the first blockchain-based cryptocurrency solution that indemnifies and guarantees selected cryptocurrencies on the ODUWA insured list against devaluation. This is done by deploying smart contracts at the time of purchase of the crypto asset to provide a stop loss and take gain for a specified period. The list of insured assets is settled upon by ODUWA financial experts and machine learning algorithms to help give investors an option of the best cryptocurrencies they can buy at a certain period. The listed cryptocurrencies have the lowest risk. Additionally, because the cryptocurrency is listed in the ODUWACOIN speculation list, more people will be willing to buy it further reducing the likelihood of loss in value.
Based on the latest smart contract technology of Ethereum Blockchain and ODUWA Blockchain, ODUWA Coin is one of the most secure cryptocurrencies. Being a peer to peer mode of payment, you will not have to worry about a third party getting any information or your data. All data is encrypted and the digital assets are reserved in a wallet only you can access with your fingerprint.
To celebrate the launch, ODUWA tokens are currently available for only 21 cents a token. For those who can buy now for $50,000.00 dollars and above, their tokens will be delivered now at .15 cents each till April 5th. ODUWA final stage ICO will scale to .90 cents starting April 5th, 2018 until May 5th, 2018 with supporting bonuses and discounts for the growing ODUWA community. Just like Bitcoin, the total supply of ODUWA worldwide is 21 million.
From the 21 million coins, 17,850,000 will be released to the public during the ICO. Investors interested in the ICO can partake in the by sending ETH using ERC20 supporting wallets to the ODUWA Coin that will be released on the website. A corresponding amount of ODUWACOINS will be sent to the e-wallet. The crowdfunding campaign aims to raise $3,150,000, and the ICO will continue until this number is raised or 90 days run out. The ODUWACOINS will be tradable on major exchanges once the platform is officially launched.
To sum up, there’s a lot to like with the ODUWA ecosystem. There will be a complete package of products such as ODUWA Insurance, ODUWA Exchange Platform, and ODUWA Encrypt. At the heart of this ecosystem is the ODUWA token as its currency, thus, enabling ODUWA token holders to spend it for any transactional activity. Interested investors can get in on the pre-sale before it ends April 5th.
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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