a payment platform that works in the cryptocurrency industry that provides a wide range of services and solutions to consumers around the world
Binance Smart Chain (BSC) is a blockchain developed to handle high-performance decentralized applications (DApps). Blockchain is designed to accommodate cross-chain transactions which have revolutionized the application of blockchain technology.
The Samecoin team has identified the benefits of Binance Smart Chain and developed a platform — the Samecoin ecosystem, which can fully function within the Binance Smart Chain. BSC has warped itself as a scalable solution that outperformed the Ethereum blockchain which nearly crashed when the Crytpokitties frenzy reached its peak.
The Samecoin ecosystem is carefully designed to take full advantage of the scalability of the Binance Smart Chain while also offering a unique product to the crypto world. So, what exactly is the Samecoin protocol that is at the core of the Samecoin Ecosystem?
Samecoin protocol and its ecosystem
The Samecoin protocol is a powerful platform that works on Ethereum and the Binance Smart Chain. The ecosystem is backed by a utility token dubbed Samecoin ($SAMA). The following is a breakdown of the components of the Samecoin ecosystem.
Samecoin Finance (Core)
The Samecoin ecosystem consists of several cryptocurrencies. The platform thrives on utility cryptocurrencies. Also, other cryptocurrencies in the ecosystem, such as SameUSD (SUSD), SameGBP, and SameEUR, are all stablecoins. The cryptocurrencies in the Samecoin ecosystem were built with online payments in mind combining the benefits of cryptocurrencies and fiat.
Samecoin Infrastructure (Application)
Similarly, the Samecoin ecosystem prides itself on having one of the most advanced online payment platforms. SamePay has been designed to simplify crypto payments by providing a fast, reliable and user-friendly online payment platform.
Samecoin Governance
Samecoin governance is a decentralized DAO that governs the protocol using the vSamecoin token. These tokens are minted when users stake their Samecoin tokens in the SamePay app. Governance token used to vote for proposals related to the Samecoin and Infras ecosystems
Samecoin Roadmap
The team from Samecoin started the project in Q3 2021 by making an Initial DEX offer first. In this way, the team from Samecoin can get funding for the development of the Samecoin ecosystem. Then after conducting a fundraising program, the team from Samecoin will start developing the application on the Android platform and launch it in Q4 2021. And after successfully launching the Android application, the team from Samecoin will develop the application on the iOS platform and launch it in Q1 2022.
conclude
Samecoin is an ecosystem that provides platforms like SamecoinProtocol, SamePay, and SameID. This ecosystem will facilitate users for their crypto needs. And Samecoin is a utility token launched on the Binance Smart Chain platform that serves to support the Samecoin ecosystem. By using Samecoin, users will get reduced fees on the SamePay platform or when exchanging cryptocurrencies on exchanges and purchasing products. Samecoin will be sold in a fundraising program and the proceeds will be used for the development of the Samecoin ecosystem. But it's not just a utility token, Samecoin is a governance and rewards token which means when users hold Samecoin, they get voting rights in Samecoin ecosystem and they can stake their Samecoin to earn rewards.
there is always a crypto network that comes to fix one problem or another and now we have this network called Duicoin, which comes from the name of a hybrid animal called Samecoin. This platform is more than you can imagine and is on the blockchain. Think about what it's like to have the means to earn passive income and grow from what you've always had financially and to scale. This will come naturally through Samecoin, the Binance Smart network will grow in capacity and provide a platform within it as it follows the BEP-20. This platform will be a means to get more transactions and increase the capacity of smart contracts used on the blockchain.
For more information
- WEBSITE: https://samecoin.com/
- MEDIUM : https://medium.com/samecoin
- TELEGRAM GROUP: https://t.me/Samecoin
- FACEBOOK : https://www.facebook.com/SamecoinCom
- INSTAGRAM: https://www.instagram.com/samecoinofficial/
- TWITTER: https://twitter.com/SamecoinCom
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- https://bitcointalk.org/index.php?action=profile;u=1953415