Making Scotcoin available on the global market ”“ a significant milestone for Scotland
In the growing world of blockchains and cryptocurrencies, Scotcoin is taking a big step forward with the announcement of our partnership with ProBit Global, which will see us publicly list SCOT on its exchange later this year.
With a presence on the ProBit platform, holders of Scotcoin across the world will be able to exchange existing tokens and new users will be able to buy Scotcoin for fiat currency (such as British pounds, US dollars or euros) or other types of cryptocurrencies.
ProBit has an excellent reputation and a substantial international presence that will allow us to spread the word about Scotcoin to more people than ever before. The platform currently operates in more than 200 countries, supports over 45 different languages, and trades in more than 700 different cryptocurrencies.
ProBit will also play an essential part in marketing up to and after the listing by sending information about Scotcoin to its two million customers.
Scotland has around 10 million members of its diaspora worldwide, and many people are sending and receiving money regularly. Importantly, through Scotcoin’s own scotscan.io system, transactions happen instantaneously and without payment of gas fees. This could be a massive benefit for anyone wishing to add Scotcoin to their range of revenue acceptance mechanisms.
Listing the cryptocurrency ties directly into the broader mission of using Scotcoin as a force for good through the Scotcoin Project CIC, which is about people and helping deliver sustainable and improved quality of life for those in need.
This significant milestone will allow further development of the Scotcoin Project CIC ”“ including appointing a professional full-time management team to deliver our business plan ”“ which is focussed on working with preferred partners to deliver a variety of initiatives relating to clothing, food, accommodation, and the environment. We continue to seek suitable preferred partners.
Amid ongoing economic uncertainty, now is the time for Scotland to embrace the idea of a supplementary form of money to strengthen its businesses, charities, and communities, helping to sustain our recovery.
We look forward to welcoming more users to the Scotcoin network, supporting our wider ambition and ultimately playing their part in supporting good causes.
Read more and be part of this exciting journey here: https://scotcoinproject.com
Please go to scotscan.io and sign up for an @scot address
Scotcoin ”“ download a Scotwallet!
Scotcoin is one of the longest-lived country crypto currencies, having been founded in 2013. Under the present management team since 2015, the number of holders now stands at around 7000 and in over 50 countries.
Scotcoin is on the Ethereum mainnet as an ERC20 token. It has been verified by Etherscan and code audited by Hacken.io. They have given Scotcoin their highest rating.
Scotcoin was early into recognising that governments would require regulation. New holders require to go through KYC (Know your customer) and AML (Anti money laundering) procedures. Scotcoin’s ecosystem is directly connected with the charity sector.
Scotcoin occupies the social good works ecosystem and plans are well advanced to accelerate this, with a Third Sector manager appointed. Scotcoin very much wants everyone in Scotland to be better off. Everyone within Scotcoin is working to achieve this. Charities will be able to apply to receive Scotcoin to work within their own ecosystem in a number of ways. The Scotcoin Project CIC (TSPCIC) – Scotcoin’s educational and informational arm – recently held an event for Social Enterprise Scotland to showcase how crypto and especially Scotcoin can help.
Scotcoin already engages with the likes of Social Bite, The Big issue and the IPPR; it partners with Better Internet Search and BBX. These organisations help people that have problems to get on their feet again. This is both Scotcoin’s goal and desire. TSP CIC Temple Melville says: “Please help with our ongoing development and mission.”
Please follow us on
WEBSITE: https://scotcoinproject.com
FACEBOOK: https://www.facebook.com/scotcoin
TWITTER https://twitter.com/ScotcoinProject
Instagram https://www.instagram.com/scotcoin_official/
Telegram: https://t.me/joinchat/ZSE4_pfcRqEzNjU0
If you wish to be involved with our vision and work, get in touch. You will need a
wallet ”“ go to https://scotwallet.com/signup and download one. Also available on
Android and Apple.
There will be lots of interesting things to tell you!
For further information please email: TEMPLE@SCOTCOINPROJECT.COM.
Scotcoin announces the launch of its new ERC20 token
Scotcoin’s new token uses the Ethereum blockchain, the second largest distributed ledger network in the world by market capitalisation after Bitcoin. Adoption and use of the Ethereum blockchain assures that Scotcoin remains a bona fide distributed ledger cryptocurrency whose future sustainability is not in the hands of a few.
Temple Melville, CEO of The Scotcoin Project CIC said:
“I am delighted that we have finally reached this milestone in the evolution of Scotcoin. We have worked hard to meet the condition laid down by our stakeholders and funders that the durability and sustainability of the token would never be in the hands of the few. Use of the Ethereum blockchain assures that that objective is met”.
The Scotcoin Project is a not for profit community interest company that seeks to educate and inform the public on digital currencies and blockchain technology. It occupies the ethical space and is developing a program of initiatives designed to help improve the personal and financial prospects of those with the fewest opportunities afforded by the current economic landscape.
Moving to an ERC20 token means that our coin is basically acceptable on any exchange, and in fact we will be having an IEO (Initial Exchange Offer) over the next year. The move will enable us to engage with nearly everyone who has an interest in digital currencies. As an aside, digital currencies are most definitely now an asset class but are also a hedge against the massive quantitative easing that has taken place world-wiide during the Corvid-19 pandemic. We are already seeing inflation creeping into our daily lives in contrast to the mildly deflationary effect of digital and crypto currencies.
For further information please contact Temple Melville on temple@scotcoinproject.com
Video – Temple Melville speaks about Scotcoin
Scotcoin was originally created in 2013 and has been Scotland’s very own digital currency for over 6 years . It is one of the longest lived country currencies.
Scotcoin comes in two parts : Scotcoin the digital currency, and The Scotcoin Project CIC which is the educational and distribution arm of the coin. We decided some considerable time ago that a new blockchain was required which would be both KYC ( Know Your Customer) and AML ( Anti Money Laundering) compliant. We have spent the last two years working towards a solution that will be both robust and last at least as long as Bitcoin. We have what we call our 5 Pillars.
These are:
1. An efficient and cost effective migration process,
2. A robust blockchain solution,
3. Un-issued surplus coin creation (for reward and future distribution),
4. Access to an efficient secondary market or markets and
5. Crucially, a reliable and durable delivery partner with likely longevity.
We have no doubt that these “pillars” will stand the test of time and answer all the problems thrown at them. We are working with world class companies to deliver our new blockchain and coin.
Our existing holders will be well rewarded for their early adoption and receive bonuses subject to conditions.
Our chosen area of investment is the charity eco-system, and we are already engaged with several charities and are looking to reward volunteers in all areas who seldom if ever receive acknowledgement.
We are actively looking to donate Scotcoin to people for working with us. We are also looking for merchants who are prepared to accept Scotcoin for their services, particularly in the IT and digital eco-systems. All areas of business are acceptable. Merchants will receive a signing on bonus and ongoing help and promotion.Please send an email to temple@scotcoinproject.com for further information and to receive your free SCOT. We are always available to give talks on the Blockchain, on Bitcoin and on Scotcoin.