When Will Everest Cryptocurrency Trading Commence?
Everest (ID) stands as a pioneering blockchain enterprise dedicated to fostering economic inclusivity and dismantling barriers to public services. Positioned as the globe's sole device-free, universal digital transaction protocol imbued with intrinsic identity, Everest harnesses blockchain-based digital identities, electronic wallets, document management, and biometrics. Its advent heralds the integration of blockchain and biometrics across governmental, banking, exchange, healthcare, NGO, and various other sectors.
Bolstered by a Virtual Financial Assets (VFA) license from the Maltese Financial Services Authority (MFSA), Everest assumes the mantle of a regulated custodian, empowering users with seamless financial interactions. The CRDT token, an offering from Everest, affords businesses and individuals the capacity to program fiat currencies for diverse applications, facilitating value transfer across global financial infrastructures.
The cornerstone of Everest's platform comprises:
EverID: A user-controlled, verifiable identity framework, underpinned by the Identity Network Foundation, a non-profit DAO.
EverWallet: A device-free account solution housing multi-currency holdings and biometric data.
EverChain: The platform's Layer 2 ledger, leveraging Ethereum's infrastructure.
CRDT: A stablecoin pegged to the value of USD ($0.01).
VFA: Regulatory licensing ensuring compliance with prevailing laws.
ID token: A utility token enabling access to the identity network and facilitating value exchange.
The Visionaries Behind Everest
Founded in May 2016, Everest champions the belief that the absence of fundamental human exchange elements impedes the growth of crypto and blockchain economies.
Bob Reid: Co-founder and CEO of Everest, armed with a BA in Political Science and an MBA, boasts a wealth of experience in business development, having served in pivotal roles at BitTorrent and Neulion.
Bradley Witteman: Co-founder and CTO, brings nearly two decades of product management expertise across diverse industries, including BitTorrent and Moby Corp.
Can Everest Attain $1?
Everest emerges as a next-generation blockchain platform poised to converge end-user markets and financial institutions into a future intertwined with DeFi, cryptocurrencies, and fiat currencies. Anchored by a full vertical stack, Everest's gateway node enables seamless integration with legacy platforms, fostering rapid adoption. Additionally, Everest streamlines KYC/AML procedures through cost-effective biometric ID solutions, ensuring swift and secure identity verification, a process that typically spans days within traditional financial institutions.
Everest's compliance with regulatory standards and operational capacities across legal jurisdictions confers a distinct advantage. Equipped with a patent-pending biometric identity framework and virtual onboarding capabilities, Everest bridges the gap between DeFi ecosystems and governmental regulatory frameworks. With its VFA license, Everest possesses the authority to issue stablecoins and conduct "programmable money" transactions across most jurisdictions, complemented by adherence to data privacy regulations like Europe's GDPR and California's CCPA.
A constellation of partners and accolades, including partnerships with Oracle Financial Services and recognition from prominent entities like Visa, underscore Everest's trajectory towards enhancing global banking and financial software.
Understanding Everest (ID) Coin Circulation
ID (ERC-20) serves as the native utility token within the Everest ecosystem, facilitating access to the identity network and value exchange. While payment receipt is free within the Everest system, users must stake 1-100 IDs in their wallets to initiate transactions. Institutions, contingent upon their specific market use-case, stake varying amounts of IDs to access different tiers of service.
With a total capped supply of 800,000,000 ID tokens, distribution is delineated across strategic partners, team members, staking and rewards, ecosystem development, and reserves.
Securing the Everest Network
Everest (ID) operates as a cryptocurrency token built atop Ethereum, harnessing smart contracts to execute trust relationships, transactions, and agreements transparently, securely, and irreversibly.
Where to Acquire Everest (ID)?
Everest (ID) finds listing across multiple cryptocurrency exchanges, with acquisition facilitated through the exchange of Bitcoin for cryptocurrency on fiat currency exchanges. Platforms such as Uniswap (V2), Bitfinex, SushiSwap, Bilaxy, 1inch Exchange, Kyber Network, Bamboo Relay, and KyberDMM feature Everest (ID) for trading.
For newcomers to the cryptocurrency sphere, comprehensive guides on market entry and token acquisition are available for perusal. Explore related topics such as ERC-20 tokens, cryptocurrency money laundering, KYC, DeFi, and Web 3.0 for deeper insights into the evolving landscape of digital finance.
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