Bob’s Gem of the day 14 - Graft (GRFT) The Next Ripple?
Gem of the day 14 - Graft (GRFT)
All time high price:
What is GRAFT?
Most of the problems that cryptocurrencies face at the point of sale are and high transaction costs and long wait times. GRAFT Blockchain aims to bring a lasting solution by making it easy for the merchants to start accepting cryptocurrency at the point of sale, without having to change processes or retrain people:
GRAFT eliminates the need to maintain multiple point of sale apps and wallets with a mobile point of sale app that can accept different cryptocurrencies.
The advantages are;
- Instant transaction confirmation.
- Transactions are settled in real time and payouts can be received in a local currency
- Graft is integrating with leading terminal providers, what enables accepting cryptocurrency without changing POS system
- GRAFT Blockchain makes paying with cryptocurrency as straightforward as using a credit card or mobile wallet.
- GRAFT Blockchain allows using your favorite cryptocurrency at point of sale
- Transaction fees are small
- GRAFT Blockchain also offers variety of options for the eco-system partners to be part of the network and earn income while providing services:
- Supernode owners process transaction and earn fees
Why I like GRAFT:
- GRAFT holders are rewarded proportionally for all transactions made across the network
- GRAFT holders are paid the transaction fees.
- GRAFT is hugely undervalued and is hiding away on Tradeogre! It’s still yet to moon.
- Has a growing band on twitter fans, including myself!
- The current market has left everybody fearful of investing in coins for the long term. DYOR and invest in GRAFT if you believe they can deliver in the long run!
- It’s a competitive space. GRAFT will need to ‘graft’ a lot in order to grab a decent market share from the big boys.
- More decentralised than Pundi, far cheaper right now than Ripple. Graft has it all to play for. Solid fundamentals. Still stuck on a tiny exchange. Can do much more on a larger exchange. I like GRAFT a lot.
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