Investing is Not Expensive
People thought that before you start investing you need to save some money first because investing is expensive. This might be true a hundred years ago, but not anymore. People can invest as little as $100 and can go from there. Forex Trading is available to anyone who has at least $100 and a decent internet connection. Some platforms only require $50 as minimum investment. And then there are cryptocurrencies. You can start from $10 or maybe even $1. Or you can start from $0 at all by joining airdrops.
But one of the most popular and easiest ways, and sometimes most profitable, to invest in crypto is participating in an ICO – Initial Coin Offering. What is an ICO? It is the equivalent of Initial Public Offering in the cryptocurrency world. During a coin launch, they offer a limited number of coins to the public – at a discounted price.
Your Spare Change
What do you do with your spare change? If you live in a country where credit card is not yet a standard means of buying and selling things, you will have a lot of coins – accumulated changes.
Your purse will get heavier and heavier as you accumulate those coins and you will only notice it once it becomes heavy enough. What will you do? Maybe you’ll put them somewhere in your drawer or anywhere in your house, or in your car compartment to be used for gasoline. Or maybe save them. But you never even considered investing your spare change, right?
Because that spare change cannot be invested, because you have to have at least $50 or $100 before you can invest in a mutual fund or something like that. You can put it in your bank, but that’s not investment. They would even penalize you for taking your money out early if you had an emergency. And let us not talk about the taxes your government will charge you.
SKRAPS
So, what is SKRAPS? SKRAPS is an ERC20 token founded by Kal Mokhtar.
They describe this project as “The Ultimate Cryptocurrency Micro-Investing App” and that they would make investing effortless since they have a bunch of cryptocurrency traders that have decades of trading experience.
It has a Maximum Supply of 110,000,000 tokens and has a ticker of SKRP.
More info is available on this video. You can view their smart contract.
Micro-Investing
With SKRAPS, you can now use your spare change to invest in cryptocurrencies. That investment will be managed by a team of professional cryptocurrency traders.
There are 5 different portfolios you can choose from.
*Aggressive
*Moderately Aggressive
*Moderate
*Moderately Conservative
*Conservative
Of course, the more aggressive the portfolio is, the higher the risk of loss, but it has also the higher chances of earning more – so choose wisely.
Or you can try the 50-50 technique wherein 50% of your funds will be on the Aggressive portfolio and the other 50% will be on the Moderate portfolio.
Security
Security is of the utmost importance for this is a financial project.
We don’t want waking up in the morning only to find out the site has been hacked and we lost our all of our funds. Don’t worry, SKRAPS has 256-bit encryption which, in theory, is impossible to brute-attack since the total number of combinations of keys is extremely massive.
All of your data is protected by 256-bit encryption and never stored on your devices. SKRAPS works to protect your information, prevent unauthorized access, and notify you of any unusual activity.
SKRAPS decided to proceed with Hacken’s bug bounty program because its platform offers several irresistible advantages.
SKRAPS ICO
What is an ICO? As mentioned above, it stands for Initial Coin Offering.
It is the equivalent of Initial Public Offering that real world companies offer to the public
SKRAPS ICO has 2 Phases. Phase 1 is over and Phase 2 Deposit Period is ongoing until February 25th, 2018. BTC, ETH, DASH, XRP, BCC and LTC are all accepted. Minimum purchase amount is $50.
During Phase 2, each token is worth $0.45.
Purchase at least $200 worth of SKRPs, and get a 5% BONUS. Purchase at least $1000 worth of SKRPs, and get a 10% BONUS.
Phase 2 starts on February 25th, 2018 until March 18th, 2018.
Hurry if you would like to participate, click here.
SKRAPS Bounty
Would you like to acquire some SKRPs, but cannot afford them at the moment?
Then join the SKRAPS Bounty Program! Yes, I joined the bounty, too.
Just by simple posting to Facebook or Twitter, you can earn SKRPs.
For full details of the bounty please click here.
Roadmap and Team
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