About Shanghai Cooperation Organisation Coin
SCO platform will be implemented in two versions. The first version of the "SCO PROJECT "will be a multi - currency wallet with an internal exchanger between the project token of the ERC20-SCO standard and the internal tokens of the" SCO PROJECT " projects implemented on different blockchains, depending on the needs of the projects.
Why is it necessary? Now every blockchain project seeks to release its own token, cryptocurrency on exchanges, but not always the volumes are sufficient for the project to be presented on large, serious exchanges, or to be fixed there and not removed. And that is exactly what will happen in the future with illiquid tokens. SCO projects will not independently enter the exchanges, they will be converted through a single token of the platform – SCO. Thus, the turnover of the SCO token will grow with the growth of the number of projects. The platform will unite projects (initially only projects of SCO team, and then outside projects)
The second version of the platform - "SCO PLATFORM" - a platform that combines multi-currency, cold wallet, crypto-exchange and integrates not one but different payment systems (Ripple, Stellar, NEO and others) to achieve the highest efficiency and reliability of payments, which will allow people to securely store and quickly transfer funds, with a minimum Commission.
Why the platform for the Shanghai cooperation organization countries? The name reflects the direction of use of the platform. We believe in the Asian market, it is much more than the US and Europe. This does not mean that SCO will not expand its presence, we will strive for this, depending on the possibility of presence in a particular country.
SCO Coin
What is the meaning of the SCO token? Fiat currencies are subject to inflation, their purchasing power falls, and to keep their state in them, accumulation for the same reason is useless. The cost of the SCO token will only grow, i.e. the purchasing power of the token will grow.
Why? First, the popularization of SCO token, the increase in demand at a constant supply - SCO 1 billion. Secondly, the growth of the number and promotion of projects on the SCO platform, respectively, the growth of the number of internal project tokens having an exchange only with the SCO token.Third, inflation eats up the purchasing power of Fiat currencies: yuan, ruble, yen, while cryptocurrencies are not subject to inflation.
Shanghai Cooperation Organisation Coin Roadmap
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START
- 3-4 quarter of 2018
SCO token listing on at least 5 of top-50 exchanges (according to CoinMarketCap)
4 quarter of 2018
Running the web version of the platform «SCO PROJECT»
Startup mobile applications of the platform «SCO PROJECT»
1-2 quarter 2019
Running the web version of the platform «SCO PLATFORM»
Startup mobile applications of the platform «SCO PLATFORM»