Wealth means more than pocket money. It means having enough set aside to support yourself now, support yourself later, and leave something behind when you're gone. The Spindle project wants to make th
Wealth means more than pocket money. It means having enough set aside to support yourself now, support yourself later, and leave something behind when you're gone. The Spindle project wants to make that kind of financial security available to anyone, whatever their background. The company built a platform where investors and fund managers can move money around with transparency, powered by blockchain and smart contracts that remove intermediaries from the equation.
Spindle assembled its founding team from investment banking, finance, law, and technology. They designed the platform around one question: how do regular people interact with professional investing? The answer shaped everything they built. Three stages will roll out. The first gives investors visibility into their transaction history. The second adds a decentralized exchange where trading happens peer-to-peer. The third includes a credit scoring service that changes how the system evaluates borrowers. The company is running its Initial Coin Offering through May 15. This gives investors and talented asset managers a chance to join a new kind of financial environment.
Most people misunderstand what money is. A digital currency is not some abstract thing floating in the internet. Cryptocurrency is software that uses mathematical encryption to prevent counterfeiting. Because no central bank issues it, no single person or government controls it. The definition of money is anything you can trade for goods, measure value with, and store for later. Cryptocurrency fits that definition.
Bitcoin works because no government runs it. The network keeps your identity encrypted in the ledger. The blockchain itself prevents fraud and locks out third parties. This is not theoretical. The network runs transactions without a middleman taking a fee. For someone used to banks taking cuts and governments freezing accounts, this matters.
Crypto investing carries real dangers. Exchanges fail. Markets crash. Many investors hesitate because they do not understand the technology or fear losing their money. The platform gives you the tools to understand what you're doing. You move money how you want. You keep the profits you earn. You make the decisions yourself. The alternative, handing your money to a bank and getting paid nothing, looks worse every year.
The Spindle ICO runs May 9 through May 15, 2018. Spindle offers four billion SPD tokens for sale. Each token costs 0.00033 ETH. The price bonus declines each day. On May 9 you get 30 percent extra tokens. On May 10, that drops to 25 percent. May 11 gives 20 percent. May 12 gives 15 percent. May 13 gives 10 percent. May 14 gives 5 percent. Buyers on May 15 receive no bonus. Spindle accepts Ethereum and Bitcoin Cash for the sale. Bitcoin is not accepted. The crowdsale excludes investors from mainland China, Japan, and the United States.
