11
Rough Token General Summary

Rough Token General Summary

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Rough Token General

Summary

The Rough Token

The Rough Token Is a Certified Asset Backed Cryptocurrency.What makes the Rough Token different from an ordinary crypto

token is its security and liquidity. The Rough Token is backed by a

security asset, that being diamonds. The founding members of theRough Token are established international manufacturers, and

worldwide exporters of Investment Grade rough and polished

diamonds. Our management team is strong, and has developed

a viable plan to disrupt the current cryptocurrency market,

starting with the Asset Backed sector. Below we will explain a few

general facts about Crypto Tokens and their value.

2

Crypto Tokens are a type of cryptocurrency that representsan asset or specific use and reside on their blockchain.

Created through an initial coin offering (ICO), which is

similar to an initial public offering (IPO), Crypto Tokens areoften used to raise funds for crowd sales.

3

What are Crypto Tokens?

4

What's the difference between Crypto coins and tokens?

Very broadly, a Crypto Coin is just that: a Coin, or means of

payment, whilst a Token has wider functionality. The express

purpose of a coin is to act like money: as a unit of account, store

of value and medium of transfer. Crypto Tokens offer functionalityover and above that of digital cash.

5

Is a Crypto Token a Cryptocurrency?

A Crypto Token is a unit value that exists on an existing

blockchain. Crypto Tokens do not have their own blockchain but

depend or exist on an existing blockchain of a cryptocurrency.

Eg, Ethereum, Bitcoin etc. ... The Crypto Tokens therefore are also

called cryptocurrency assets or crypto assets and crypto equity.

6

How does a token work?

A Token is a device that employs an encrypted key forwhich the encryption algorithm the method of generating

an encrypted password is known to a network's

authentication server... A Token is assigned to a user bylinking its serial number to the user's record, stored in the

system database.

7

Rough Token Cryptocurrency and its Platform Credibility

Cryptocurrencies are almost always designed to be free from

government manipulation and control, although as they have

grown more popular this foundational aspect of the industry has

come under fire. The currencies modeled after Bitcoin are

collectively called altcoins and have often tried to present

themselves as modified or improved versions of Bitcoin. While

some of these currencies are easier to mine than bitcoin, there

are tradeoffs, including greater risk brought on by lower levels of

liquidity, acceptance and value retention.

8

The first Bitcoin alternative is Ethereum. Ethereum is a

decentralized software platform that enables Smart Contracts

and Decentralized Applications (DApps) to be built and run

without any downtime, fraud, control, or interference from a

third party. The applications on Ethereum are run on its platform-

specific cryptographic token, Ether or (ETC). Ether is like a vehicle

for moving around on the Ethereum platform and is sought by

mostly developers looking to develop and run applications

inside Ethereum, or now by investors looking to make purchases

of other digital currencies using Ether. During 2014, Ethereum

launched a pre-sale for Ether crypto token (ETC) which received

an overwhelming response; this helped to usher in the age of the

initial coin offering (ICO). Ether (ETC), launched in 2015, is

currently the second-largest digital currency by market cap after

Bitcoin, although it lags behind the dominant cryptocurrency by

a significant margin. As of January 2020, Ether's market cap was

$15.6 billion and a per-token value of $142.54, this was roughly

1/10 the size of Bitcoin's and growing.

The Rough Token operates on the

Ethereum (ETH) platform

9

Why one should invest in Rough Token

The credible investors should invest in the Rough Token

cryptocurrency because it is asset backed, it has relatively

no competitors, and best of all the token is easily liquidated.

The Rough Token also has a first to market approach

because of is unique business model. Currently in the

cryptocurrency space there is no other asset back token

backed by certified diamonds. This gives the Rough Token

the opportunity to streamline its initial coin offering (ICO)

launch and grow the value of the token exponentially. A

brief list of case study facts are listed below.

10

EOS (EOS)

Aside from Libra, one of the newest digital currencies to make our list is EOS.

Launched in June of 2018, EOS was created by cryptocurrency pioneer Dan

Larimer. Before his work on EOS, Larimer founded the digital currency

exchange Bitshares as well as the blockchain-based social media platform

Steemit. Like other cryptocurrencies on this list, EOS is designed after

Ethereum, so it offers a platform on which developers can build decentralized

applications. EOS is notable for many other reasons.

Libra

One of the most-hyped cryptocurrencies is one that, as of January 2020, has yet

to even launch. By mid-2018, rumors circulated that social media giant

Facebook, Inc. (FB) was developing its own cryptocurrency. Given Facebook's

incredible global reach and the potential for massive volumes of exchange

across its platform, the cryptocurrency world had long speculated that the social

media titan might launch its own digital token.

[email protected] +305.925.7747www.RoughToken.com

The Rough Token is the ONLY CREDIBLE DIAMOND backed growth token. We are now engaging

seasoned investors. Geologic experts do not foresee many new rough diamond discoveries in the coming years. This creates an opportunity for the Rough Token to become a premier

investment opportunity in the cryptocurrency market.

To schedule a conference call with a Rough Token authorized representative contact us: