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ODUWA: Reintroducing Stability into the Cryptocurrency Market

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One of the biggest concerns surrounding cryptocurrency investment and trading is volatility. In fact, it is among the top factors keeping digital currencies from gaining widespread adoption. But what is behind the massive volatility that plagues this innovative industry?

It all boils down to the supply, demand, and speculation surrounding the crypto market. A majority of digital coins have a fixed currency supply but the market demand for them keeps rising and falling on the basis of speculation.

Why the Crypto Market Desperately Needs Stability

For any currency to gain widespread adoption as a medium of exchange or store of value, it requires a reasonable measure of stability. But with daily, at times hourly, price fluctuations such as those that are witnessed in the value of most virtual coins, the general public will likely shy away from using them for daily transactions.

Additionally, any business that makes use of these currencies has to charge outrageous fees to hedge against potential loss. This totally defeats the essence of using them in the first place as they were proposed as a flexible and low-cost alternative to traditional currency systems.

ODUWA Coin – The Key to Crypto Stability

The only way to end volatility is to find a way to inject stability into the cryptocurrency ecosystem and ODUWA coin has an innovative proposal to facilitate this move. ODUWA is a “decentralized exchange platform…with an option for asset protection within the exchange for investors on a contractual term.”

This revolutionary framework protects individual investors from the effects of volatility by insuring their assets from future depreciation and subsequent losses.

Going Beyond Individual Protection

ODUWA goes beyond the protection of individual investors and offers a combination of features that can reshape the crypto market and eliminate volatility.

  • Careful Selection of Insurable Crypto Assets

ODUWA insurance carefully selects specific cryptocurrencies which offer insurance cover. The system makes use of machine learning algorithms and expert input to select the most appropriate digital coins for investment at any given time. This means that the list of currencies that the platform proposes hold the lowest investment risk at that time.

This differs remarkably from the main basis that most investors use to determine when to buy or sell digital assets – speculation. The use of ODUWA platform will, therefore, inspire confidence in the general crypto community concerning the listed coins thus limiting the effect of baseless speculation.

  • Encouraging Investment in Cryptocurrencies

The high risk associated with the crypto market keeps a lot of people from investing in the industry. ODUWA coin makes it possible to attract more investors into the space. There will be no reason to hold back from investing considering that any loss incurred will be covered by insurance.

At the same time, the fact that the platform only lists risk-free investments means that the coins listed will have more buyers during the stipulated period. This will also have the effect of reducing the risk level for that particular coin and driving it to better market performance.

  • Creating a New Trust Economy

Inexperienced investors into the crypto space have no way of telling whether the remarkable market performance of any given coin is based on genuine factors or is part of a pump-and-dump scheme. As a result, many have been duped into buying coins based on fake internet hype. When the perpetrators of such schemes achieve their objectives they usually vanish leaving investors holding on to worthless coins.

ODUWA has what it takes to help investors tell apart the genuine market performers from the fakes. Based on its automated system, the platform will continually update its list of promising crypto coins so as to keep investors from making poorly informed choices that ultimately lead to financial loss.

It will also employ the use of smart contracts to implement a stop loss and take gain mechanism so as to limit the disastrous potential of currency depreciation and market upheavals.

Realizing the Dream of a Stable Crypto Market

The above-listed factors will have the overall effect of reducing the perception of risk associated with the digital currency sector. It will also reduce the need for reliance on speculation by encouraging investments based on hard facts. ODUWA makes all of this possible within a risk-free environment where if anything goes wrong and the price of a digital asset depreciates, investors get a payout according to the terms of the policy they take.

The crypto market will seem a lot more appealing for investors and this will lead to overall growth. With increasing stability within the space, there will be a lot less room for speculation and volatility.

This is the last chance to participate in the ODUWA ICO before it ends on May 5th. ODUWA COIN is digital cash, only 21 million worldwide, no inflation and available at a current price of 0.90 cents. For ICO support join the ODUWA COIN Telegram.

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.

Image courtesy of U.S. Pacific Fleet via Flickr

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Property Loans for Foreigners in Singapore That You Must Know About

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Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
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CoinField Launches Sologenic Initial Exchange Offering

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CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited…

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Many of the Top Sports Betting Websites for 2020 Can Be Found On Boomtown’s Best Betting Page

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Sports betting is one of the widely known types of online gambling. With a large number of sports fans around the world, this type of gambling is one of the most sought after. The problem usually comes from when gamblers try to find the best sites out of the many available ones. Many new sports betting sites come up daily, thus making the selection process even harder. One of the best places to find top betting websites for sports is Boomtown Bingo. This platform doesn’t just give users the best online casino games websites, but they also cover sports betting. As such, boomtown bingo remains a one-stop-shop for everyone who needs the best and the latest online gambling and gaming sites for all types of devices.

Performance

The performance of any website is critical. Users need to find their way around the site easily, and that can be made possible with the site structure and arrangement. Loading time is also essential. A website that always hangs thus pushing the user to refresh every time is no good. These are some of the factors that Boomtown Bingo looks into when selecting the best sites for its users. You can be sure that the new sports betting websites listed on Boomtown’s platform have faster loading time, can be used easily by everyone,…

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