LONDON, Aug. 10, 2016 /PRNewswire/ -- Cross-Stratum Mutual Community plans to release a new cryptocurrency. This new cryptocurrency is designed to sweep the market and utilizes trading fees as a method for donation to global charities.
Named Cross-Stratum Coin, ("CSC") the company responsible for its development claims the emergence of its CSC will take off because of its intrinsic motivation to pay it forward.
Founded by Cross-Stratum Mutual Community Asia, a UK based techno-finance company, the most attractive aspect of this coin is the manner in which it delivers a donation while it is being traded. For every trade that the CSC sees, the trading fee charged is utilized as a donation to a suite of global charities. Contrary to most cryptocurrencies currently on the market, this move aims to chip away the glamor of the investors as they pursue financial gains.
While it could possibly drive a storm come 2017 when it is launched, market speculators are with the view that CSC is likely to topple the general trend of altcoin developments and steer future markets in varying directions. As such, with its inevitability, CSC promises to be a hit.
The CSC global delivery plan is carried out by means of a global-assistance movement, CSMC Asia has appointed a foundation in Malaysia as its key platform and partner where it will govern the deliverance of its ambitious plans. Mutual Community is the name of this movement where participants are awarded with a monetary reward as they circulate assistance amongst themselves. Quoting the example of the 2000 American movie Pay-It-Forward, CSMC Asia's spokesman explains:
"It has been a long and anticipated plan for us at CSMC Asia to want to partake in the cryptocurrency market. It came across to us that in order for one (coin) to eventually successfully sustain and create value, a huge user-base is of paramount importance and what can be better than creating (its value and user-base) via a charitable movement like Pay-It-Forward? We expect the CSC to take the market by storm when it is launched."
The CSC will officially launch in the 1st Quarter of 2017. Keen parties may pre-register their interest with Yayasan CSMC Asia via their website at www.yayasancsmcasia.org.
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SOURCE Cross-Stratum Mutual Community