What is ODUWA?
One of the biggest concerns surrounding cryptocurrency investment and trading is volatility. In fact, it is among the top factors keeping digital currencies from gaining widespread adoption. But what is behind the massive volatility that plagues this innovative industry?
It all boils down to the supply, demand, and speculation surrounding the crypto market. A majority of digital coins have a fixed currency supply but the market demand for them keeps rising and falling on the basis of speculation.
Why the Crypto Market Desperately Needs Stability
For any currency to gain widespread adoption as a medium of exchange or store of value, it requires a reasonable measure of stability. But with daily, at times hourly, price fluctuations such as those that are witnessed in the value of most virtual coins, the general public will likely shy away from using them for daily transactions.
Additionally, any business that makes use of these currencies has to charge outrageous fees to hedge against potential loss. This totally defeats the essence of using them in the first place as they were proposed as a flexible and low-cost alternative to traditional currency systems.
ODUWA Coin – The Key to Crypto Stability
The only way to end volatility is to find a way to inject stability into the cryptocurrency ecosystem and ODUWA coin has an innovative proposal to facilitate this move. ODUWA is a “decentralized exchange platform…with an option for asset protection within the exchange for investors on a contractual term.”
This revolutionary framework protects individual investors from the effects of volatility by insuring their assets from future depreciation and subsequent losses.
Going Beyond Individual Protection
ODUWA goes beyond the protection of individual investors and offers a combination of features that can reshape the crypto market and eliminate volatility.
Careful Selection of Insurable Crypto Assets
ODUWA insurance carefully selects specific cryptocurrencies which offer insurance cover. The system makes use of machine learning algorithms and expert input to select the most appropriate digital coins for investment at any given time. This means that the list of currencies that the platform proposes hold the lowest investment risk at that time.
This differs remarkably from the main basis that most investors use to determine when to buy or sell digital assets – speculation. The use of ODUWA platform will, therefore, inspire confidence in the general crypto community concerning the listed coins thus limiting the effect of baseless speculation.
Encouraging Investment in Cryptocurrencies
The high risk associated with the crypto market keeps a lot of people from investing in the industry. ODUWA coin makes it possible to attract more investors into the space. There will be no reason to hold back from investing considering that any loss incurred will be covered by insurance.
At the same time, the fact that the platform only lists risk-free investments means that the coins listed will have more buyers during the stipulated period. This will also have the effect of reducing the risk level for that particular coin and driving it to better market performance.
Creating a New Trust Economy
Inexperienced investors into the crypto space have no way of telling whether the remarkable market performance of any given coin is based on genuine factors or is part of a pump-and-dump scheme. As a result, many have been duped into buying coins based on fake internet hype. When the perpetrators of such schemes achieve their objectives they usually vanish leaving investors holding on to worthless coins.
ODUWA has what it takes to help investors tell apart the genuine market performers from the fakes. Based on its automated system, the platform will continually update its list of promising crypto coins so as to keep investors from making poorly informed choices that ultimately lead to financial loss.
It will also employ the use of smart contracts to implement a stop loss and take gain mechanism so as to limit the disastrous potential of currency depreciation and market upheavals.
Realizing the Dream of a Stable Crypto Market
The above-listed factors will have the overall effect of reducing the perception of risk associated with the digital currency sector. It will also reduce the need for reliance on speculation by encouraging investments based on hard facts. ODUWA makes all of this possible within a risk-free environment where if anything goes wrong and the price of a digital asset depreciates, investors get a payout according to the terms of the policy they take.
The crypto market will seem a lot more appealing for investors and this will lead to overall growth. With increasing stability within the space, there will be a lot less room for speculation and volatility.
This is the last chance to participate in the ODUWA ICO before it ends on May 5th. ODUWA COIN is digital cash, only 21 million worldwide, no inflation and available at a current price of 0.90 cents. For ICO support join the ODUWA COIN Telegram.