Exclusive coin is a true cryptocurrency for the new crypto economy that is currently emerging in the world. Born out of the frustration felt by its developer Kingscrown when witnessing the rise and fall of countless other currencies. Kingscrown wanted to show the world that such cryptocurrencies can indeed succeed, and would not succumb to the same problems others did. In order to achieve this Exclusive coin was ingeniously designed to resists the effects of the various dangers that exist for newborn cryptocurrencies before they grow and mature.
Exclusive coin started out as an ICO, were anyone would be free to purchase the coins before the cryptocurrency was actually launched. The coins for the ICO where mined with the first block, and the blocks beyond that free for anybody to mine. This way exclusive coin has build a strong community, who share in the belief of this currency, and in the early days this is very important, since it gives the coin stability and legitimacy. Since the value of any currency is based on the believe of its participants. Having delivered on all of its promises and beyond, and maintaining at least twice the value of its original ICO price for its entire lifetime. Exclusive coin has now indeed proven itself to be a truly fair and transparent cryptocurrency for the new emerging crypto economy.
In the new decentralized economy reputation is very important. In centralized systems we have to trust third parties. However in the new decentralized economy without a trusted third party reputation takes its place. You could not find many people in the world with a better reputation in the cryptocurrency community then the developer Kingscrown going back over three years. With much experience gained working along side the development teams of the HBN, COL and LGD cryptocurrencies.
With only eight coins being released with every block mined and proof of work phase ending in 4 years exclusive coin is actually very scarce. That combined with the dedicated group of large holders makes it much more difficult for exclusive coin to succumb to the various market manipulations that exist. While at the same time allowing for a more fair distribution of the currency.
Another important factor that gives any currency its value is its active use in commerce. That is why exclusive coin was created in order to serve its own exclusive market, supplying discounted items that can only be purchased with Exclusive coin. Since it has been made public anyone is now also able to sell their own mining equipment on the exclusive market, even discounted prices for exclusive hotels are now available on the market. Among many more interesting and unique products.
Many economists believe that a small amount of inflation is actually better for an economy. Exclusive coin provides that by being two percent proof of stake, which means that there is only a two percent increase in the money supply per year, after the proof of work phase is complete. The generation of new currency is awarded to the stake holders of the currency which acts in the same way that a two percent interest would for the holders of the currency. Unlike Bitcoin which is deflationary in its nature and can be considered more like a commodity in the way that it behaves, much like gold. Exclusive coin is an inflationary currency making it more suitable for markets and the global economy. Therefore Bitcoin could be used more like a gold standard would but in the global cryptocurrency economy.
The ideal crypto economy is one where many currencies are free to exist. So that the people have the freedom of choice of what currency and economic model they wish to adopt. It is this voluntarism that Bitcoin itself stands for. This is an expression of democracy and freedom. That is why we need alternative cryptocurrencies like Exclusive coin and many more, since this is what creates a more healthy crypto economy were a free market of currencies can exist.
Bitcoin and the emerging crypto economy is truly a revolution, and it will change the world. This is only the beginning. Much of our politics today is ruled by money, therefore the power to change the very nature of money itself and placing that power in the hands of the people for the first time in history is very significant. Block chain technology has the potential to improve our lives in many ways, and bring the world together. The Exclusive coin market is just a small example of this, how products are being sold from across the United States to Europe and even Africa, using a cryptocurrency that can be mined with your graphics card. That is why in the new crypto economy that is ruled by the free market and the freedom of choice. I choose to adopt a cryptocurrency that is fair and transparent, well thought out, and will continue to be developed and used by the people with freedom for many years to come. Indeed Exclusive coin is a true cryptocurrency of many that can help change the world.
Written by VeritasSapere
(disclaimer: Article is a submission and not an in-house piece. Please contact http://exclusivecoin.pw/ for further information)