What Is Thorium?
Thorium is a token platform that works on a cryptocurrency to cryptocurrency basis, placed on a decentralized network. The market is set to add one token to the platform every ten days according to votes given by people in the community. The platform will be capable of offering a market value purchasing and trading opportunities by utilizing 25% of its profits to produce an entry for every cryptocurrency listed.
Flows and Functions
The platform is a cryptocurrency platform developed on a decentralized network, where 10% of all their earnings will go directly into increasing a mining process connected to the token in the similar way the profit charges are on the platform. Basically, you don’t just accept payment from transaction fees, but you also get paid for mining operations and other investments inside the platform.
The central company considers that as far as cryptocurrency continues, it’s in the best concern of the industry to support individual investors grow their portfolio. They’re continuously developing new investment opportunities for as well as tools to invest into new cryptocurrencies.
Added benefit on the platform is the messenger system. The app will execute it merely for you to stay connected with other cryptocurrency users who are attending to buy, sell or trade rewards on the currency.
Thorium THOR Token
THOR token is the main token utilized to fuel the base of the platform. They will render market price buying and sell choices through the use of 25% of their profits in order to generate a float for all of the available cryptocurrencies registered on the website.
The token will return out profits to their users every 24 hours cycle. Benefits paid will be directly correlated to the currency in the topic. In time the platform is searching to give community members back in accordance with a collection of the funds obtained from the ten most successful cryptocurrencies.
The Team Behind Thorium
The principal people behind the company are Anthony & Thor Rhodes, two brothers who made into the cryptocurrency game early in 2015. Once they were able to generate a considerable amount of income with cryptocurrency, they decided to put their capital to work. The decision they did was a new type of exchange, after a year of investigation and design, then even more into development, they built the community behind Thorium.
The main idea for the token as the exchange behind it, it would be able to sustain even the most significant crashes like that detected at Mt. GOX. They built the system to be performed by real assets to guarantee the community would be protected in the event of an emergency. Along with that, the community would be awarded by giving out dividends from the mining operation they had established in place as well as from any profits the exchange would make off of trading fees. The Thorium platform is engaged to be possible for use in the summer of 2018.
Thorium isn’t just seeming to mature a platform to help investors create their portfolio. They’re also enthusiastic believers in charity, which is why they are partnering up with AIDcoin to assist further allocating funds for donation. They will provide their users the capability to choose the charities that are great befitted for them.
A lot of the focus will go into delivering NEWS about the platform as well, developing portfolios is only a part of the platform. Thorium is striving to become a fair platform where individuals can vote on the revisions made in the system.