Some pretty insightful information about the Spotcoin Exchange (NEO)

  • Spotcoin is an upcoming NEO based exchange. They already shared some information about their OTC marketplace and their proposed mining service recently, but this time they share some pretty insightful information regarding their exchange and Spotcore; the engine that runs their whole operation.

    I am especially exited to see several currencies being supported, mostly from the Black Sea Region (which will greatly boost adoption of cryptocurrencies). Among the currencies are GEL, UAH, RON, MDL, RUB, BGN, TRY, AMD, EUR and USD. All currencies will be paired with their four core digital currencies: GAS, Ethereum, Bitcoin and SIBCoin (a local cryptocurrency).

    For future $SPOT owners there are some really great benefits. Besides the fact that only 99m $SPOT coins will ever come into existence, holders will receive dividends. It consists of a weekly payout from 51% of all fees collected by the exchange. This is on top of the 12% quarterly net profit earned across all other Spotcoin business lines.

    So far this neat project is still moving pretty much under the radar. I assume however, that once the crypto scene finds out about the potential of this project, it may become quite popular in a very short time. Presale ran out in 2 days, their Main Sale is planned somewhere in the next few weeks (exact dates tbd).

    Check out their latest press release about Spotcoin's place within the NEO universe: