SyncCoin backed up to $320,000
An interesting announcement comes for SyncCoin as they have been engaged in talks with FaceFire, Inc, a Minesota corporation established in 2001 that specializes in mobile/web/desktop design and development. In 2013, FaceFire had started mining Bitcoin and other cryptocurrencies which is their link to the cryptocurrency world. This may come as a shock to many as it was not expected for this type of news to be released considering it was already known that SyncCoin was asset backed. However, this announcement could be considered to make it somewhat more legitimate. The important part of....
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The reason for the decline of most altcoins out there is due to the lack of real world application. A coin that has stood out in the past few weeks for this exact reason is SyncCoin. Unlike others, SyncCoin excels thanks to the many uses the developers have brought to it. But what stands out the most out of all that has implemented by the developers is that it is asset backed. Now, something rarely seen in the world of cryptocurrencies has been brought into the table thanks to hard work of the developers. Sync is actually backed by domains acquired by the development which come to a total....
I chose SyncCoin as today's Random Coin of the Day for it's classy membership club features. SyncCoin features everything from airline miles to holiday getaway discounts and their charitable initiative, Sync Kids. You can get discounts with their phone apps, benefits for being a whale, and even see their Vegas show. In their words, "Sync was designed to be more 'club,' than currency." SyncCoin Exclusive Interview. I conducted an interview with Mike from SyncFund. Mike Fiol is the co-founder of Sync. Market Cap: $600,000. Maximum coins issued: 10,000 POS (current circulation 1,100). Hash....
Today is an interesting day for two coins which hold household names among altcoins. Both of which have become well respected due to their developers and communities. Through this post, we would like to introduce you, officially, to the partnership between SyncCoin and Pinkcoin. The official document regarding this partnership can be found here which will give you some extra information on what the partnership consists of. However, the main aspect linked to this partnership is that of a Pink Rewards program. This program will be divided between two packages: Package Value: $500. Value per....
Great news from The Sync Foundation as they announce the first sale of one of their domains. This is incredible news for both the Sync Foundation and for its cryptocurrency SyncCoin as the domain names held by The Sync Foundation are their assets. In regards to the selling of the domain, co-founder of the Sync Foudation Mike Fiol stated that: “Premium domain names sell – it was simply a matter of patience and timing.” He calls it Proof of Concept. The domain that was sold was SchoolLoans.com, and the amount it was bought for is being kept private at the buyer’s request. Reportedly, the....
Gold-backed tokens are getting increasingly popular as a more accessible alternative to investing in physical gold. What is a gold-backed cryptocurrency?A gold-backed cryptocurrency is a type of digital currency that is backed by physical gold. The currency’s value is based on the current market price of gold and can be used for transactions just like any other type of cryptocurrency.Some cryptocurrencies are backed by gold in order to tie the derivative asset (crypto) to a tangible asset (gold), thereby preventing excessive fluctuations in price. Thus, gold-backed cryptocurrency is often....