What is Cryptographic Asset (Virtual Currency) Job Coin? Intro to its Features and Prospects!!
“What cryptocurrency is JobCoin?”
“I want to know the future potential of JobCoin.”
“JobCoin solves poverty?”
Do you have these questions or concerns?
JobCoin is a cryptocurrency that has attracted attention as a project that can solve poverty and inequality in the world, and has recently been listed on the overseas exchange CoinBene.
You may be thinking that you want to invest in such Job Coin.
However, it is not easy to invest without knowing anything about Job Coin.
Therefore, in this article, we will explain the outline and features of JobCoin in an easy-to-understand manner for beginners.
What is Cryptographic Asset (Virtual Currency) Job Coin
Cryptographic assets (virtual currency) Jobcoin is a project that is underway to reduce poverty and inequality in the world.
JobCoin has introduced a system called “pay an equivalent amount as you go,” allowing employees to withdraw the amount of work they have done without waiting for a payday. However, the salary will be received in Job Coins.
With pay-as-you-go technology, workers coming to other countries do not have to pay large international remittance fees when repatriating earned wages to family members in their home countries.
Crypto asset (virtual currency) Job Coin IEO
stevepb / Pixabay
JobCoin will carry out an IEO on May 8, 2019 at a top 10 cryptographic asset exchange, CoinBene, and will be listed on May 17, 2019.
After 2 hours, the price has dropped significantly to 1/10 because JobCoin was sold off after listing.
In addition, JobCoin will conduct IEO with BitKing, an overseas exchange known as an exchange capable of up to 200 times leveraged trading, and formally decide that it will become the key currency handled in BitKing
IEO refers to fund raising that is carried out by the project side consigning a token such as JobCoin to a specific exchange. Once IEO has been launched, it will be possible to purchase tokens directly from the commissioned exchange.
Job Coin aims to solve poverty
Alexas_Fotos / Pixabay
We will explain why JobCoin is said to solve poverty.
Many of the developing countries in the world have less labor wages in their home countries, so it is now commonplace to move to overseas where they can get higher wages and to go to work, and the number is 2.3 billion worldwide.
However, even if migrant workers try to remit money they earn to their home countries, the current international remittance fee is high, so the money they earn will be greatly reduced by the fee.
By the way, even in affluent Japan, when you repatriate from Japan to overseas, it will take a delivery period of 3 to 7 days and a fee of about 3,000 to 5,000 Yen.
There are also 2 billion people in developing countries who do not have bank accounts.
However, by introducing Jobcoin, which is an ERC 20 token, for companies to pay salaries, migrant workers who do not have a bank accounts can securely and quickly carry on their family’s family without paying the international remittance fee. It will be possible to send money back.
In addition, as the value of JobCoin increases, the assets of people who hold JobCoin also increases, and it is said that it helps to solve poverty.
Possibilities of the Business Model of Job Coin
There was news to support the potential of the JobCoin project.
Wagestream, which is developing a business model similar to JobCoin’s “pay an equivalent amount as you go,” is Facebook’s CEO Mark Zuckerberg, Amazon’s founder Jeff Bezos. They are raising money from the venture capital fund Village Global, which is comprised of very famous entrepreneurs such as Microsoft founder Bill Gates.
In addition, the Bill & Melinda Gates Foundation, the world’s largest non-profit organization, continues to advocate among its pre-emptive actions providing better financial services to the poor will be one solution out of poverty.
Therefore, the fact that Village Global has decided to invest in Wagestream proves the potential of JobCoin’s business model in the future.
Major Cryptographic Asset Exchanges to buy and sell JobCoin
Job coin official information
・JobCoin is a project that was created with the aim of reducing the world’s poverty and inequality.
・If a company introduces JobCoin, migrant workers will be able to transfer money safely and quickly to family members in their home countries without paying international remittance fees.
・Wagestream, which has developed a business model similar to JobCoin, has successfully raised funds from a prominent fund.
I described the outline and features of JobCoin, but could you refer to it?
The JobCoin business model is highly valued, so keep an eye on future pricing trends.