Inflation-Negating Cryptocurrency: SNAPs
In the past few decades, people have been embracing the revolution of technology. Many cities around the world have been trying to create a cashless society to replace the current hard dollar. Now, a new form of cashless transaction has been formed, and will further solidify the position technology has in our current society, creating the primary image of digital money-Cryptocurrency.
To adapt to the fast-growing demand for cryptocurrency transactions, Paypal has recently integrated crypto into their corporate structure. Such a move has paved the way for further digital exchanges, and have caused inflation in the value of cryptocurrencies. Cryptocurrency has already become the inevitable future of money, and will only grow bigger in the near future.
The value of cryptocurrencies is mainly based on 2 factors. One is the demand of the cryptocurrency and the other is the availability of the cryptocurrency, or the supply. So as long the demand increases or the supply decreases, the cryptocurrency will be able to not only maintain its liquidity but also rise in value. In the case the demand is less than the supply, a cryptocurrency would then become practically worthless and have its value fall rapidly. Despite this, many cryptocurrencies do not have an active solution to decrease the supply of the currencies, thus making it even harder to raise its value.
To address this issue, Snapbots then introduces a function of their currency, SNAPs, that may potentially assimilate this. In the case of large cryptocurrencies like Bitcoin(BTC) and Ethereum(ETH), the supply decrease mechanism only comes from people either losing their account or giving up on the currency at the initial stages. Snapbots offers people to purchase their AI bots for SNAPs, and hence decreases the amount of SNAPs available over time. With the number of SNAPs decreasing, the scarcity of the currency would rise and so will its value. Of course, many may still be puzzled on why they would want to spend their precious cryptocurrencies on these AI bots.
Here’s why. The AI bots are able to perform a wide range of functions. For the financial aspect, they are able to analyse data charts and identify hard-to-see patterns, and effectively predict future breakouts and reversals, allowing users to focus only on executing their trade. Furthermore, if the user is unavailable, the bots can initiate auto-investment with the user’s approval to help users grasp opportunities before they go. The bots are not just limited to profits and gains, they can help reduce manpower and help out with customer service, or serve as a coach to help traders sharpen their trading skills, they can even assist the user in creating videos for personal purposes.
With more and more people investing in these bots, the value of SNAPs would hence skyrocket accordingly and allow users to not only gain profit from the bots, but also from holding onto the currency.
If you are planning to make trading easier for yourself, while at the same time earn sufficient returns, then Snapbots is the right platform for you.
Open Your Snapbots’ Account Here
About Snapbots (by Snap Innovations)
SnapBots develop a community to buy or build financial Bots and humans that seek to maintain a self-sustaining Bot economy. SnapBots can leverage from the human community to crowdsourcing their knowledge for certain situations. The crowdsourcing activities help the Bots to learn extremely fast, optimize conditions and generate solutions.
About SNAP
SNAP is short for SnapBots Token based on Ethereum and that is used in SnapBots blockchain-based AI bots’ economy.
For more information, please visit:
SnapBots- https://snapbots.io
Snap Innovations-https://www.snapinnovations.com /
Join our community- t.me/SnapB
