Nov 2, 2018
A blockchain project, Infireum, without an ICO or crowdfunding, and is internally funded, offers its solution to the stability and volatility problem of cryptocurrencies which is preventing the adoption by the masses.
November 2, 2018 /MarketersMedia/ —
After more than a year of research and study, Infireum (IFR), an ambitious blockchain project finally launches without the typical crowdfunding or initial coin offering (ICO).
Infireum being a coin that is entirely internally funded, addresses the elephant in the room that has prevented adoption by the masses.
Most cryptocurrencies like bitcoin, ethereum and many more are based on blockchain technology. Together with cryptography and consensus mechanism, they allow owners to take full control and true ownership of their money without relying on third-party trust like a bank or a financial institution.
However, current cryptocurrencies are also prone to speculation and volatility.
This makes them less than ideal to be used for real-world commerce, especially when a coin or token can have value fluctuations of more than 5% to 20% in a very short span of time.
Infireum solves this by having a unique dual coin model, with IFR being in the exchange markets to provide the liquidity and stable dollar to dollar valuation for its stable coin, Inbiq.
Inbiq will then flow within Infinite Chain, a private blockchain ecosystem for commerce.
This allows Inbiq to be a true stable coin, making it feasible to conduct business with and enjoying all the benefits like instantaneous transactions, security and low transaction fees.
Infireum may be the one coin to finally allowing enterprises, businesses and everyday people to take advantage of the full upside of cryptocurrency minus the downside.
Paired with its InfinitePay wallet which is already in beta testing phase, IFR and Inbiq transfers are intuitively simple, safe and fast for everyone, even for those who are not tech-savvy.
Infireum may be and will be easily adopted by any business or anyone for value transfers and commerce.
Interesting enough, Infireum has already forged a strategic partnership with V-More, an e-commerce platform to seamlessly integrate InfinitePay for payments.
With potential value appreciating assets and possibilities for real-world adoption, Infireum is truly a game changer.
IFR is currently an ERC20 token and a token swap is planned for 2019 when its native main net goes live.
More info on Infireum can be found at at at www.infireum.com
Contact Info:
Name: Joey Wang
Organization: Infireum
Source URL: https://marketersmedia.com/move-over-bitcoin-and-ethereum-here-comes-infireum/437892
For more information, please visit http://www.infireum.com
Source: MarketersMedia
Release ID: 437892
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