The 4-Step Adventure By Columbus Token (Part 1: Search)
The Columbus Token Project was designed to be an adventure in the world of cryptocurrency, a rewarding and interesting one. This adventure is formed of four stages, each having its own trail and characteristics: Search, Discover, Own, and Hold. In today’s article, we will address our first station: Search!
Get your bags ready, it’s a trip of a lifetime!
Search
Before investing in any crypto project, you should do your own research. You’ve heard it before, and you’ll hear it again.
But what does ‘doing your own research’ actually entail? Where do you begin? Which sources do you trust? And how much research is enough?
Putting in the time and effort to understand your cryptocurrency investments is the no. 1 thing you can do to be a successful crypto trader. The primary reason people do their own research in crypto is to choose the right cryptocurrencies to invest in.
When assessing a potential crypto investment, the key elements to consider are:
- What problem is this cryptocurrency trying to solve?
- What is the market cap of this crypto?
- How did this project develop and what are the plans for future development?
- What are the key features of the cryptocurrency’s blockchain?
Having the right questions being asked, now it’s time to provide the answers Columbus Token has in pocket.
1- What problems is Columbus Token trying to solve?
The two basic things the Columbus Token provide are: investments tools, and a way to ensure safe discrete transactions.
But what if we told you it has the potential to be more? That its design properties mean it could actually be used as a tool to solve some of the biggest issues?
The Columbus Wallet:
Cryptocurrency wallets are simple and fast to establish and operate on a global scale. The Columbus Wallet offers a smooth crypto financial experience, advanced security solutions like tokenization and biometric authentication that help to reduce the threat of fraud and chargebacks, so that you can hold and invest your cryptocurrencies seamlessly.
A Transparent System:
Transparency is a major benefit of a cryptocurrency transaction. Blockchains tend to be a far more transparent system than what is offered by the private investment firms. And the Columbus Token being built on the Binance Smart Chain
An NFT Marketplace:
NFT marketplace is the new age marketplace for trading, selling, and buying digital works. With the growing popularity and increasing valuation of cryptocurrency, it is safe to assume that the marketplaces for NFTs and the whole blockchain network will stay in demand in the long run, which is why it is vital in recent times and the coming future.
The Columbus NFT market is a massive digital pool that can comprise huge transactions happening in this market daily. To access this marketplace and to buy or sell anything they want to. It is probably the future of the digital market.
2- What is the market cap of Columbus Token?
Columbus Token’s presale market cap is 1,100,000$.
3-How did Columbus Token project develop and what are the plans for future development?
The Columbus Token project is the fruit of a long-sighted vision of a the owners, who already established their business empires and decided to invest their gifts in the crypto world to add value and leave a legacy. A well experienced team of multi-national developers was formed, and a partnership with an elite marketing team was established. All teams have one goal while working on the project: Perfection!
The project already landed its basics: the website, the whitepaper, the presale technical page, the roadmap, the communities, and the next step is launching their wallet, which will be a huge milestone in the journey!
4-What are the key features of the Binance blockchain that Columbus Token is built on?
a- Immutability: Immutability means something that can’t be changed or altered. This is one of the top Binance blockchain features that help to ensure that the technology will remain as it is — a permanent, unalterable network.
b- Decentralization: The network is decentralized meaning it doesn’t have any governing authority or a single person looking after the framework. Rather a group of nodes maintains the network making it decentralized. This is one of the key features of Binance blockchain technology that works perfectly. Let me make it simpler. The Blockchain puts us users in a straightforward position. As the system doesn’t require any governing authority, we can directly access it from the web and store our assets there.
c- Enhanced Security: As it gets rid of the need for a central authority, no one can just simply change any characteristics of the network for their benefit. Using encryption ensures another layer of security for the system. But how does it offer so much security compared to already existing techs? Well, it’s extremely secure because it offers a special disguise — Cryptography. Added with decentralization, cryptography lays another layer of protection for users. Cryptography is a rather complex mathematical algorithm that acts as a firewall for attacks.
d- Distributed Ledgers: Usually, a public ledger will provide every information about a transaction and the participant. It’s all out in the open, nowhere to hide. Although the case for private or federated blockchain is a bit different. But still, in those cases, many people can see what really goes on in the ledger. That’s because the ledger on the network is maintained by all other users on the system. This distributed computational power across the computers to ensure a better outcome.
