SmartCash (Crypto: SMART) has the main goal of achieving mainstream adoption with mass merchant acceptance around the world. Its ability to conduct transactions provides multiple improvements over other cryptos and conventional payment methods alike. This includes fast transfer times, practically free transactions at less than 1/10th a cent, a host of user-friendly features, a massive project treasury for SmartHive proposals, and much more.
Universal Send-to-Email Feature
SmartCash makes sending and receiving SMART easy with their easy to use send-to-email feature. Anyone with an email can now receive SMART, even if they don’t yet have a wallet yet. This makes it easy for community members to get others involved, since SmartCash holders can simply email crypto to someone in their own circles, or even tip a total stranger. Use of this novel feature will inspire others outside “the crypto border” to set up a SmartCash wallet in order to withdraw the SMART. In this way, SmartCash can effectively engage crypto newcomers with tangible value and hardly any effort.
Easy Donating and Tipping with Usernames
SmartCash is the perfect crypto for donations and tipping. Sending funds is made simple since SmartCash lets people send SMART to usernames, rather than lengthy alphanumeric addresses. All a person needs to do is set up a web wallet and insert their username in this customizable link: http://wallet.smartcash.cc/donate/[USERNAME].
Also, with custom SmartCash tipbots created for use with Twitter, Reddit, Steemit, Discord and others, donations can be sent without even logging into the web wallet. This is just another effective way of spreading adoption while also building awareness on public channels.
SmartNodes
SmartCash will utilize SmartNodes to enable useful services such as InstantPay. No other crypto comes close to the already 10,000+ SmartNodes that have been setup by people throughout the world. This allows for unparalleled scaling and is another reason why the SmartCash payment method is already setup for mass adoption worldwide.
In order to host a SmartNode, you need to have a wallet with 10,000 SMART and a dedicated VPS that is able to run 24 hours a day without more than an hour of connection loss. The person hosting the SmartNode will receive passive income by simply providing ongoing service to the network. This is an attractive alternative to mining for crypto, which typically requires a ton of electricity and pricey hardware. Plus, community members are more than willing to help with the setup.
The potential for SmartNodes go far beyond providing common services like InstantSend, though, as developers continue to discover new uses for them. For example, SmartNodes can be used for various automatic services. The fundamental design also keeps the network more secure by incentivizing the community to setup individual nodes versus having a single person or entity responsible for maintaining the whole network.
Furthermore, unlike miners who usually jump ship to mine the crypto that they view as the most profitable for them, owning a SmartNode encourages long-term involvement. Plus, SmartNode holders are given additional power to vote on proposals since the ongoing SmartCash service rewards continually increase the amount of say they have.
SmartRewards
Another way that SmartCash incentivizes people to support the network is through SmartRewards. With SmartRewards, those holding at least 1000 SMART in a wallet will receive a reward on the 25th of each month, so long as they haven’t traded or sent any of their SMART for a full month cycle. Designed to reduce price volatility by reducing the amount of coins constantly traded, SmartRewards are just another way SmarCash characteristically benefits the whole community.
SmartCard
The SmartCash team of developers aim to dramatically improve upon conventional payment methods that are currently used by businesses of all sizes. For example, debit and credit cards offered by companies like American Express (NYSE: AXP) and Citigroup Inc. (NYSE: C) often come with transaction fees of over 3%, which over the course of a year can take away hundreds of thousands of dollars from a company’s profits. Plus, the traditional card method requires both buyers and sellers to have access to the services of major banks, which is extremely difficult and sometimes impossible in certain parts of the world.
While some cryptos have already improved upon some of the main issues of current mainstream payment options, they still fail to be practical for lots of everyday applications. However, with their new SmartCard feature, SmartCash will offer a truly viable crypto alternative to the debit/credit card. Not only will payments be instantly confirmed, but the transactions fees are practically non-existent, at just fractions of a cent. Furthermore, only the business is responsible for having a live connection to the internet, so the consumer can take funds anywhere without worrying about a dead battery or lack of signal in remote areas. In a way, the purchases made with SmartCard combine the best of cash, card, and crypto payments.
There are a lot of companies that recognize how much current payment systems can be improved. For example, Glance Technologies Inc. (NYSE: GLNNF) is a company aiming to provide a more efficient mobile payment system. The problem is, these companies are still basing their underlying technology on conventional financial systems, meaning they won’t be able to take advantage of the new benefits introduced by crypto.
Meanwhile, SmartCash offers a revolutionary alternative to conventional payment methods that takes less than 5 minutes for a business to setup on virtually any internet-connected device. Plus, it doesn’t rely on any third parties or humans of any kind to process transactions. It is also many steps ahead of other cryptos because the SmartCash payment system is user-friendly and has top security measures. This makes mainstream adoption actually possible by those who aren’t tech savvy since it can be as simple as using a gift card.
Self-Funding for Ongoing Innovation and Outreach Initiatives
With a self-funded governance model, SmartCash is a self-sustainable community with the resources needed to achieve its lofty goal of mass merchant adoption throughout the world. The community and its leaders have total control over the future of the coin, and are, therefore, naturally incentivized to make decisions that benefit the community.
The self-sustained model works by allocating 10% of the block rewards for the SmartHive Project Treasury, and then members can create and vote on proposals in order to decide how these funds are best spent. More importantly, though, SmartCash emphasizes community involvement above all else; the only thing needed to vote for or against proposals is a wallet with some SMART. Plus, anyone can join the community by simply using one of the multiple engagement options available on the website.
With a committed community at the helm, SmartCash is a fast-growing crypto that has already taken massive strides towards widespread adoption. They’ve provided real-world results and are constantly innovating. Charging forward with a robust roadmap for 2018, SmartCash is a crypto to keep an eye on.
For more information via the SmartCash website, visit https://smartcash.cc/
To view an interactive flipbook and learn how to engage with the community, visit http://nnw.fm/YG0bm
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com