TE Markets, a multi-faceted agency geared in the direction of altering the way forward for Africa for the higher has launched an ICO for its XTEMCoin. However is it actually going to do what it claims? Let’s take a look on the coin and what it gives.
Not Simply One other Coin
The world has been gripped in crypto fever for some years now. From an obscure techno fad to a full-blown economical and monetary revolution, digital tokens have shaken the very basis of conventional monies. The recognition has risen to an unprecedented degree in Africa and as we speak, there are literally thousands of cash circulating available in the market. Inside this sea, the XTEMCoin differentiates itself by not being simply one other token, however the token.
The coin is being utilized in a number of totally different points, the foremost being the African Consolidated Trade (ACEX) the place it’ll symbolize totally different monetary devices and due to this fact, have precise worth. Not solely that, however the token may also be utilized in different TE Markets ventures, as defined by the CEO, Ian Mvula,
“Not like different cash, XTEMCoin isn’t just going to be a unadorned cryptocurrency however relatively may have actual intrinsic worth as it is going to be synthetically listed to outlined commodities exchanges, Indices, Shares, Foreign exchange Cryptocurrencies and in addition benefit from the full credit score and may of T.E Markets Restricted and its numerous tasks.”
XTEMCoin Use Instances
The XTEMCoin is just not an remoted token by TE Markets, however it ties into the a number of companies that the corporate represents:
The one-stop trade being constructed by TE Markets might be a pan African and multi-asset platform that may permit folks to purchase and promote shares, ETFs, bonds, foreign exchange, cryptos and commodities. The XTEMCoin might be used to create a single base asset in order that totally different monies and restricted liquidity may be prevented as soon as and for all.
- Pink Planet
A mineral and useful resource mining agency of TE Markets, it has already made nice advances in offers with just a few African nations. Staking XTEMCoin in Pink Planet will give traders the flexibility to earn earnings identical to dividends.
- TE Properties
Actual property is a high-profit market however it requires some cautious investing. TE Properties is an expert agency that individuals can faucet into by way of XTEMCoin and luxuriate in increased revenue margins but profit from tax-efficient investments.
- TE Capital
SMEs have at all times been excessive flyers however brief on money. TE Capital is a VC agency that invests in numerous organizations and startups that may revolutionize the trade. Backed by the deflationary XTEMCoin, TE Capital can fund these and XTEMCoin holders can benefit from the tremendous progress earnings.
- TE Fee Gateway
Africa has one of many highest charges for fiat remittance and that is the place the TPGS is available in to supply a streamlined, environment friendly technique to ship a reimbursement to family members in Africa. It’s collaborating with numerous retailers to increase the attain of XTEMCoin to each nook of the continent.
- TE Micro Funding
Leveraging the facility of XTEMCoin as a cryptocurrency, TE Mirco Funding will companion with numerous micro banking companies to supply low-income folks an opportunity to begin their very own companies and obtain monetary freedom.
Agent of Change
Africa’s economic system is on the restoration with estimates of a 3.1% GDP progress. The continent is an untapped potential of riches and these can solely be realized if an environment friendly system exists outdoors the political and bureaucratic system. Thankfully, the XTEMCoin is simply the best reply.
Primarily based on the environment friendly and quick Binance Good Chain, the deflationary token additionally leverages DeFi and gives totally different staking companies and a charges distribution of ACEX, providing increased earnings and on the identical time unifying the folks of Africa.
Picture by D Mz from Pixabay