Unfortunately, some people underestimate an opportunity to launch new tokens and promote them on the exchanges. Consequently, this opportunity often goes unnoticed.
Back in 2013, a relatively new field with a capital of 2 billion USD started to call out for new blockchain projects that had something to offer to the exchanges. More specifically, new cryptocurrencies. That was a huge step forward for what we call “crypto” today. When the first advanced transfer services started to emerge, we got a chance to see the beginning of progressive, decentralized economics that continue to develop today.
Nowadays, everyone can start their own project and set a blockchain network, not to mention launching new tokens and coins. Consequently, young teams have a chance to promote their work on the exchanges, where their efforts will be evaluated. After that, a new round begins.
As soon as tokens are out to the exchanges, people will constantly compare them with other products and seek a possible profit and benefit. Customers will start asking questions such as “What’s in this token for me?”, “What can I do with it?”, “Why is everybody so obsessed with it?” and many others. This inquiry usually results in two possible ways: some coins lose their popularity and people try to get rid of them as soon as possible; others – draw the mass attention and users start buying them rapidly. Indeed, usually, a customer’s opinion is the best way to pick the wheat from the chaff.
To give an illustration of a beneficial and valuable token, we should mention ADM. These tokens are a part of the ADAMANT Messenger’s blockchain system. We think that ADM is a great example of an essential importance to the app.
Before we continue with the currency evaluation, we should explain the platform’s nature. Briefly, the ADAMANT team believes that blockchain is the best solution for messaging nowadays. Consequently, ADAMANT sets privacy and anonymity as its major goal.
Indeed, you do not have to fill in any personal data while creating an account, which is not only convenient but also secure. Additionally, there is no need in using your phone number or email.
An ADAMANT user receives a unique passphrase, which serves as a password. This method is also used on crypto wallets services. We believe that this kind of authorizing is the most solid. Unlike passphrases, phone numbers and emails can be easily compromised.
Moreover, ADAMANT does not make any profiles on its users. The messenger does not request your personal interests, hobbies and contact lists. It also never asks for your IP-address. Consequently, people do not have to swipe through endless targeted ads. Additionally, they can stay completely anonymous on the Internet, which is not usually easy nowadays. Finally, there is one more matter of interest – blockchain system.
Now, you may doubt the relevance of the anonymous messenger to the blockchain. However, the ADAMANT development team thinks that these two are related directly.
The messenger’s infrastructure and its functioning run on the public blockchain. ADAMANT has neither servers nor data centers. To be more precise, there are no ends, when it comes to data storage. As you might have guessed, the source code is also public. Frankly speaking, this is good news, as a centralized system proved to be unstable and unreliable.
Surely, you may want to know how exactly the messaging system works. Briefly, all messages sent and received within the app go through five encryption phases. This type of encryption is known as “end-to-end”.
A message goes through the system as a set of encrypted symbols, just like a typical cryptocurrency transaction. The difference is that you do not send and receive money but a simple message. After that, the blockchain system verifies the message and, finally, the recipient gets it. While on this subject, we should point out that only you and the recipient can read this message.
Specifically, neither the ADAMANT developers nor delegates (users that mine within dPoS system) can decipher the text. As the source code is public, you can check if it really works any time. As a matter of fact, you cannot go through other messengers’ codes. That is to say, all that remains is to trust the developers, which is never enough with privacy.
Now that you are familiar with the application’s functioning, let us get back to ADM tokens. We think that its biggest advantage is the ability to complete transactions within the messenger’s system.
As we stated before, every sent message acts as a transaction. In order to send or receive money, you have to obtain a specific sum that will be attached to a message. According to the CEO of ADAMANT TECH LABS LP, this is the best way to make transactions safe and secure.
He also states that this kind of operation maintains the balance between blockchain and purchases, which is possible due to economics that makes public blockchain system viable.
Consequently, ADM allows paying a transaction fee. This feature is the tokens’ native function. Mind that you will need one ADM to send 1000 medium sized messages.
While on this subject, we should point out that one ADM costs only 0.29 USD. At a rock-bottom price, you can use the application for one month with no worries at all.
That is to say, you will not have to worry about being compromised by third parties, for instance. Additionally, ADM is quite beneficial. In messenger apps you can store and send ADM directly via your chats, just like ETH on this screenshot:
Moreover, the transactions rate is about 4 seconds. Incidentally, we may say that ADM sets a speed record among other decentralized cryptocurrencies.
Furthermore, you can make a profit from ADM forging. The ADAMANT team has recently presented this system and there is a series of articles on the matter.
In conclusion, we should say that ADM tokens have a bright future ahead. Indeed, if the developers hold their frame, we will be able to enjoy the tokens’ beneficial and functional nature.