Place/Date: – September 5th, 2022 at 4:57 pm UTC · 4 min read
Source: Persystic
In the cryptocurrency market, most people are always looking for cheap coins or ones which offer additional incentives and rewards on the purchase. For the first category of people who also demand a long-term sustainable crypto project, coins like VeChain (VET), Cardano (ADA), Ripple (XRP), Tron (TRX), etc., are a good shot.
However, many skip the cheapness of a coin and focus on its long-term sustainability and business model. For them, coins like FTX Token (FTT), Bitcoin (BTC), and Ethereum (ETH) are probably better than none as they are risk-free cryptocurrencies in the market.
Then comes the second category, which comprises crypto enthusiasts who want quick returns and short-term gains from a single yet cheap crypto coin. For them, Persystic (PSYS) serves the purpose of a token with a price tag of less than a dollar and several bonus rewards at the time of purchase.
So, let’s dive in to see how you can avail of these bonuses if you are from the second category of crypto lovers. But before that, let’s have a look at two market rulers for the ones lying in the first category.
FTX Token (FTT)
FTX is a centralized platform launched in 2019 for trading cryptocurrency derivatives. FTX Token (FTT) is the native token of the FTX platform. This crypto exchange was launched by Backman Fried and was backed by many trading companies worldwide, which built its reputation in the crypto market as a solid project.
The exchange primarily launched the $FTT token to reward for exchange transactions, but over the years, its use cases have been diversified on the platform. The exchange regularly burns the token to keep its value by buying it from transaction fees, reserve funds, and other commissions.
VeChain (VET)
VeChain (VET) is the native token of the layer-1 smart contract platform VeChain. The token’s price is under 1 dollar, which motivates the young crypto enthusiasts to buy piles of it, making it rank among the top 50 cryptocurrencies per the market cap. VeChain (VET) works to eliminate several hurdles to global industries by leveraging IoT (Internet of Things) and distributed ledger technologies.
Persystic (PSYS)
Persystic (PSYS) is a tokenized mixed social network that people can use to connect and create communities based on democratic ideals and the freedom to express themselves. The central unit of account on the Persystic network is a Persystic (PSYS) token, commonly known as a Persystic. It is a native BEP-20 token that is BSC-compliant that we created specifically to speed up transactions on the Persystic platform. The Persystic platform can help with those transactions.
Persystic (PSYS) can be purchased or traded on the leading cryptocurrency exchanges as its native coin. A standardized and decentralized social media platform could emerge from Persystic. This is because the BEP-20 token and ERC-20 token standards are compatible.
Development Roadmap of Persystic (PSYS)
The team will utilize the following roadmap for developing and executing the Persystic (PSYS) platform and token.
Q1 2022
- Whitepaper project kickoff
- MVP Dev Start V1.0 Catalog
- Launch of the Website
Q2 2022
- Launch of the Wallet
- Development of the first business models
- BM integration in the platform
- Close Beta
Q3 2022
- Public Beta
- PoC
- Go live MVP
- Go Live 1.0
- Token Integration
Q4 2022
- Go-Live 1.0
- Token Integration
- Release 1.5
Food for Thought
The Persystic (PSYS) token will be used by the users and creators on the social media platform to accumulate prizes and rewards, buy licences of their favorite content, or convert it into fiat currency. The maximum supply of the token is 3,000,000,000 $PSYS tokens. The initial price of the token is 0.0009 USD.
Persystic (PSYS) offers exciting bonus rewards at the time of purchase. For example, if you sign up and buy the token within the first 15 minutes, you’ll get a 50% bonus reward in $PSYS tokens. Similarly, if you refer a friend to spend $50 on the purchase, both of you will get a $25 bonus.
To learn more about Persystic, use the links: Website, Presale, Telegram.
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