Invest while going about your everyday life
Skraps is creating a very interesting product, which gives users the ability to build up a diversified cryptocurrency portfolio, without even having to do anything else than go about their day as normal. All you have to do it download their app, connect your digital crypto wallets and cards, choose your investment strategy and you are good to go. You will be able to choose yourself, how much of the change from each purchase you make in real life should be invested in your Skraps portfolio. You won’t even have to go through the struggle of deciding which coins to invest in, you can even just copy an already successful portfolio. This concept is known as micro-investing, where you make a lot of very small investments that over time builds up to something much bigger. You could almost see it as a piggy bank you fill every time you purchase something but also has the potential to grow the value of existing funds in the piggy bank. Investment amounts could be less a couple of cents or a few dollars depending on which settings you choose. Here is an example of what a users app could look like. He has chosen to round up every purchase he makes, to the next integer. A Starbucks Coffe that costs $4.48 is rounded up to $5, which leaves a total of $0.52 to invest in the app.
Sit back and relax
Skraps aims to make crypto investing as easy as possible. Once you have set up your account on Skraps, you don’t have to constantly adjust your positions, the app will handle everything for you based on your chosen preferences. You can automatically invest in various portofilios provided by Skraps ranked after their risk. They have everything from Conservative all the way to Aggressive. Some might want to make their own portfolio, which is also possible on the Skraps platform. If neither of the previously mentioned options is something for you, Skraps provides the ability to simply copy another user’s already successful portfolio. In this case, the creator of the portfolio will receive commissions every time someone copies his portfolio, so it can definitely pay off to create a great portfolio people want to copy. If needed users of the Skraps app can also choose to just invest in all cryptocurrencies out there, including the wide array of ICOs that constantly is created.
Skraps beyond Investing
Besides from being an investment platform, Skraps is also offering educational material regarding cryptocurrencies and investing. People with no prior knowledge of cryptocurrencies or investing will be able to find sufficient guidance here. Skraps is also launching their very own debit card. This card can be funded with cryptocurrencies allowing users to spend their cryptocurrencies in real life or online, just as if they were using a regular debit card. Skraps cardholders will also be able to withdraw cash directly from ATMs, instantly converting their cryptocurrencies into fiat money.
To fund their project, Skraps is raising funds through an initial coin offering (ICO), selling their ERC20 token SKRP. The SKRP token will be used to pay fees on the Skraps platform and to pay portfolio managers on the platform.
The sale started the 15th of January
The sale ends the 18th of March
1 SKRP = 0.45 USD (0.30-0.40 USD during Phase 1)
The minimum contribution amount is 0.01 ETH
- Total amount of tokens issued is 110.000.000 SKRP
- A maximum 66.000.000 SKRP will be available for purchase during the token sale
- Hard cap is 21.4500.000 USD
- Soft cap is 1.000.000 USD
If all the tokens available during the token sale isn’t purchased, then these will be distributed to token holders.
The Skraps project started back in April of 2017 and they are expecting to launch the beta version of their app in April of this year.
If you find this project interesting and wish to learn more about it or their token sale, you can visit the following links below and read their whitepaper. To keep yourself up to date on the project, you can follow their social media accounts also linked below.
ANN Thread: https://bitcointalk.org/index.php?topic=2520387
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