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Rays: It is time for cryptofuture and new opportunities

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Rays: It is time for cryptofuture and new opportunities

October 10
22:35 2018

During the next years the cryptocurency strategic centers will be formed. They will concentrate the most part of the whole transactions and assets on this market, giving a huge impulse to its own digital economy through the assimilation of blockchain technologies. The speed of changes in this sphere is amazing. Every country tries to find the most effective model for regulating operations with cryptocurrencies, including ICO.

During the last year global ICO market gathered more than $1 billion. Professional investors are actively entering the cryptomarket. They start to set up the game rules and determine the development of the industry.

Cryptoeconomy and its opportunities are difficult to undervalue. During the past year, the market capitalization of the largest seven cryptocurrencies increased more than eight times, exceeding $ 100 billion. Currently, there are more than 800 cryptocurrencies in the world, nine of which have a capitalization of more than $ 1 billion.

 

Cryptomarket has serious fundamental reasons for the increasing which cannot be underestimated. It does not carry big transaction costs, unlike the classic exchange market. Its volume now amounts to about 2% of the value of all mined gold in the world, and the number of cryptocurrency wallets ranges from 6-12 million. Considering high income of the digital tokens and transparency of the blockchain transactions it is obvious that more and more people will save their money in cryptocurrency and make payments using it.

About RAYS

RAYS Network is a leading next generation blockchain system. It is based on an innovative Customized Delegated Proof of Stake or C-DPoS which is the most efficient and decentralized protocol known to date. RAYS blockchain network will have zero transaction fee, which means that all transactions will cost nothing. RAYS gives an opportunity to stay on top of the blockchain invents and use the newest platform for your business. It is a step to the future.

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