The number of companies operating on the NEO blockchain grows every month. It’s a happy family where many of the companies work together and give each other advice or attention. Spotcoin teamed up with four of them for our airdrops, for example. Others flew out to Georgia just last week to be there when we helped launch the NEO Black Sea community. The question is: what does Spotcoin contribute? The short answer is: simple liquidity.
Simple liquidity is needed to make the companies in the NEO-verse work with the ‘real world’. We all love digital currencies, but most people still need to pay rent in fiat currency. Spotcoin bridges the gap between traditional money and digital currencies. We provide easy access and a gateway for capital to flow in and out.
We will list all NEP-5 tokens on the Spotcoin exchange, where you can trade using fiat currencies from the Black Sea region, as well as euros, USD, NEO, GAS, BTC, ETH and SIB, with others often evaluated. This will make it possible for companies and suppliers operating on the NEO-blockchain to easily move in and out of digital currencies, something that at the moment can require several steps.
For example, contractors who have sold a gig on Thor can exchange their tokens for fiat currency. Spotcoin will satisfy a real need there. Thor’s guiding mission is to provide gig economy participants with instant pay, access to an extensive job network, retirement planning, and health benefits. The partnership between Thor and Spotcoin aims to provide contractors, freelancers, and task-doers with a reliable method of converting THOR tokens into fiat currency, using Spotcoin’s future digital exchange.
On the partnership with Thor, our CEO, Tim Gick, said we’re “thrilled to provide stability to the gig economy by making it easier for people to access funding and trade into oth...