New micro-investing platforms such as Skraps allow anyone to invest in the digital currency market, most notably with as little as their spare change.

Los Angeles, United States - March 5, 2018 /MarketersMedia/ —

People looking to dip their toes into the cryptocurrency pool now have greater freedom and flexibility to do so than was previously the case. New micro-investing platforms such as Skraps allow anyone to invest in the digital currency market, most notably with as little as their spare change.

Skraps is a startup in the cryptocurrency space that operates on the Ethereum blockchain. The company’s main aim is two-fold: to make cryptocurrency investing accessible to anyone while providing education on blockchain and cryptocurrency. Most notable potential users may include novice investors or individuals with limited disposable income.

AN OVERVIEW OF THE SKRAPS APPLICATION

Skraps is a DAPP run on the Ethereum network, making it fully autonomous, decentralized and open-source.

The platform will take the form of a mobile application which will be downloadable free of charge from Google Play and the App Store. According to the minimum viable product published by the team, it appears to have nine sections.

These include a dashboard where an overview of the user’s information is displayed, a leaderboard where top performing portfolios are broadcasted, and a social tab where Twitter can be incorporated.

The platform also comprises a tab for the latest industry news, as well as a dedicated education section for novice users to learn more about cryptocurrency, blockchain and investing through pre-loaded lectures available at no cost.

A detailed transaction history is also available under the platform, with transparency as to rounding-up history and associated profits. Full reports can be accessed and downloaded for personal records and tax purposes.

PROFIT, TAXES AND THE SKRAPS CARD

When accessing the Skraps application, profits will be displayed each user’s native currency.

Although Skraps will be available worldwide, the company emphasizes that these profits and their applicable taxes are the responsibility of the user. It is required of each user to comply with the relevant tax laws of his or her country, of which Skraps has no control over.

The company is set to release a debit card which can be used to access profits directly, and it can be used at any establishments where major cards are accepted. In addition, profits can be withdrawn to the user’s verified local bank account.

SKRP, THE NATIVE CRYPTOCURRENCY

The Skraps application has its own cryptocurrency with the tag of SKRP – a utility token with a predefined function within the platform.

Of the total 110 million SKRP supply, 66 million tokens are available for purchase during the token sale which commenced on January 15, 2018 and will run until March 18,2018.

Information on how to participate can be found on the official website, www.skraps.io.

THE SKRAPS TEAM

The team behind the project can be viewed on the website here. Each member listed is accompanied by his or her professional portfolio on LinkedIn.

The two co-founders, Kal Mokhtar and Mohamed Effat are blockchain enthusiasts and professionals within the cryptocurrency industry. They are backed by a body of advisors including internet security expert, John McAfee, and a capable team of developers.

MORE ABOUT SKRAPS

The Skraps whitepaper is accessible on the company website and can be viewed here. The team can be emailed on [email protected] or reached on the official Telegram group here.

Contact Info:
Name: Kal Mokhtar
Email: [email protected]
Organization: SKRAPS

Video URL: https://goo.gl/6sMfr1

Source URL: https://marketersmedia.com/micro-investing-in-cryptocurrency-is-possible-with-skraps/307975

For more information, please visit https://skraps.io

Source: MarketersMedia

Release ID: 307975