Team Ripplecash Announces Their Decentralized Liquidity Solution Platform For Cryptocurrencies And Digital Assets
Aside been created to be one of the major connecting bridge for mass adoption, the Ripplecash Network will help users traverse into different blockchain platform and decentralized applications.
With an initial focus on the development of the platform for swapping Ethereum-based tokens, the Ripplecash Network has been designed to be as simple and as practical as possible, allowing for a seamless swap transaction in a secured and immutable blockchain platform like Ethereum.
“We understand simplicity is a key factor when it comes to mass adoption, hence, we have taken our time to build a platform that is absolutely easy to use even for those who are new to the world of Cryptocurrency and Digital Assets.” stated Daniel Keller the Founder & CEO of Ripplecash group.
The intent of the Ripplecash team is to create a core platform that will play a major role in the integration of cross-chain asset swap.
“It is very true that other blockchain platforms are already in existence before Ripplecash, however, we have taken our time to design the Ripplecash platform in such way that it can implement a pricing algorithm deployed in the smart contract. This algorithm allows for the exchange of two assets with the mediation of liquidity token native to the platform,” said Christian Mutta who is one of the Ripplecash’s Blockchain Developers.
In other words, the algorithm of Ripplecash has been designed by the team’s experts to automatically determine price based on an economic model of supply and demand.
Although the Ripplecash platform currently does not have any order book, its pricing algorithm which can automatically determine price will, however, enable users to know the conversion rate before initiating a transaction and receive the corresponding estimate amount within the range of price slippage.
The sale of the Ripplecash token whose exchange has been fixed at 1 ETH = 10,000 Ripplecash will commence on the 04th of January,2019, 07:00AM GMT (UTC) and run through till on the 21st of April 2019 11:59PM GMT (UTC).
For more information or inquiry about the Ripplecash project, visit www.icoripplecash.io.
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Website: www.icoripplecash.io
