gazzamen
6 min readNov 23, 2020

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Psyche.Cash this is a new story

#psycheusd #USD1

Cryptocurrency is currently being loved by the wider community in the world. Since its first appearance, cryptocurrency has won the hearts of many investors around the world and managed to revolutionize various platforms in the world. Thanks to cryptocurrency people can transact more safely, easily, low-fees, quickly and transparently.

Cryptocurrency industry by interducing the fusion of cryptocurrency and user frindly technology. Project Psyche is a Stable Currency, with a vision to bring the world a better future with digital money. Psyche coin has a bright futucer, all is fine of this psyche project. I hope psyche coin has higher marketing value. Psyche Coin was born as a faster and user-friendly cryptocurrency. Make people easily accessible. The non-fluctuating cryptocurrency is designed to make the future of remittance a lot easier with the potential to attract millions of new users from around the world & help save trillions of dollars wasted in forex exchanges. Psycheusd is a new project which is looking very much good & their concept also looking good. Their token is a new defi stable coin and project will very much strong!! makes Psyche different from others?

  • What is Psyche and what does the future look like?

Project Psyche is a Stable Currency, with a vision to bring the world a better future with digital money. Psyche coin has a bright futucer, all is fine of this psyche project. I hope psyche coin has higher marketing value. Psyche Coin was born as a faster and user-friendly cryptocurrency. Make people easily accessible. Psycheusd is a new project which is looking very much good & their concept also looking good. Their token is a new defi stable coin and project will very much strong!

  • What makes Psyche different from others?

This is where Psyche Coin comes in. Psyche Coin is a ERC20 utlity token synchronized with crypto points with the goal of making cryptocurrency more accessible to the average person by being easy to use. Psyche is commited to building an improved and convenient DeFi system to encourage non-technical people to partcipate in the ecosystem. It is the true combinaton of DeFi (individuals) and CeFi (business). Blockchain is now considered one of the greatest technological innovatons with the highest potental and creatvity in the world. We are excited to reveal the “RefleX Algorithm” that operates in synchronicity with Blockchain as well as traditonal technology. The algorithm makes it easier for everyone to understand how digital currency and blockchain technology will change the future payment process.

  • Why do we need stablecoins and what is the ultimate solution?

Since cryptocurrencies tend to have high volatlity of prices, the marketplace is desperate for a compact soluton — and that solution is investing in stablecoins with more stable prices alongside the robust attraction. Many cases around the world paid lunches or dinners with Bitcoins, like the man from Florida in 2010 who “burned in the air” 10,000 Bitcoins just to please himself with two pizzas. In today’s time, those pizzas would cost over $100m. Psyche is the only solution because it is set to revolutionize the crypto world by providing the fusion of cryptocurrency and technology, which is user-friendly to establish an unbreakable bond between people only. This platform will design and conduct a platform for numerous stable coins with more than 3.000 transactions in just a second with no additional fees, zero charges, no variety in prices, no exchange rate variations, and no difference at any time of the day. It is very easy to use just like PayPal and, above all, no commission. Sounds interesting, right?

Love for Community

Psyche plans to provide 100 coins every month to people in need. Which in the future will reach the target of 10,000 people including users and their families. It is hoped that with this, people can support their families especially in a pandemic like now. This program is specifically for those who live in poor countries, who are expected to have $ 100 in coin to make their lives better.

In Conclusion
With the increasing interest of people in cryptocurrency, experts predict that in the next few years crypto users will increase — Psyche hopes to be part of that trend and become a cryptocurrency that can revolutionize the financial industry by combining blockchain technology and user-friendly cryptocurrency and producing a variety of features that can be connecting users easily and quickly with the crypto world. With Psyche, it is hoped that more and more people will get to know what cryptocurrency is and feel the benefits of crypto.

Easiest wallet ID
Psyche provides the easiest wallet ID on the cryptocurrency market which allow non-technical users to connect with Blockchain revolution. The wallet IDs are like debit/credit card which one can easily remember.

Light speed transactions
Nowadays, speed is important to modern-day professionals. Users expect tasks to be done easily without any extra hassle. The speed of a transaction is incredible, as it doesn’t require the whole network to approve and process each transaction.

Accept/Reject Payment
Psyche has brought a major breakthrough in the transactions, it allows each receiver to accept or reject an incoming transaction. Users can reject a payment if they don’t want to receive or they are not agreed on the incoming amount.

Signed Transactions
Every transaction is bound with a unique six-digit security code. The transaction can only be completed once the code is submitted. This signed transaction provides security and trust between parties while doing the transactions.

ROAD MAP

High Level Roadmap
This is a high level roadmap for the twelve months post-Crowdsale.

Q4 2020
Phase 1
Completion of Reflex algorithm and launch the full functional wallet and token for users to experience the future of payment and what Psyche has to offer. Develop and improve the platform and community with the awareness of crypto usage in daily life.

Q2 2021
Phase 2
P2P assets exchange, which will allow users to exchange/swap their cryptocurrency portfolio with USD1 and other coins without commissions. The aid funds will be given to the right people through our partnerships across the globe.

Q4 2021
Phase 3
Development and launch of Psyche blockchain testnet. At this point, smart contract might be integrated. Launch of stable ERUO coin and business-based services to the traditional exchanges, financial institutes, and corporate organizations for business transactions.

Q1 2021
Phase 4
P2P Marketplace, which allows users to sell their digital assets, services, and legal products through the network without any monopoly and heavy commissions and approvals. The users can give each other trust points after each transaction, which generates trust.

Q2 2021
Phase 5 & 6
This project will continue to develop and improve with time, follow trends, and gather data on the community. Due to the highly scalable RefleX Algorithm, it is easy to adjust and improve Psyche as opportunities arise.

More information🌎

The ANN post: https://bitcointalk.org/index.php?topic=5283530.0

Whitelist: https://bit.ly/2R3s5Yc

Web: http://psyche.cash/

Medium: https://psycheusd.medium.com/

Twitter: https://twitter.com/psycheusd

Telegram: https://t.me/psycheusd
Reddit: https://www.reddit.com/r/PsycheCoin/
Instagram: https://www.instagram.com/psycheusd/
Facebook: https://www.facebook.com/psycheusd

AUTHOR

BitcoinTalk: https://bitcointalk.org/index.php?action=profile;u=1589422

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