Crypto Venture UpStake is Redefining the Industry with a Proof-of-Burn Stable Coin

UpStake, an exciting cryptocurrency project officially launched last year, is all set to take the global crypto community by storm. Unlike hundreds of crypto ventures that fail to make any impression, UpStake is dedicated to delivering a stable digital currency that will pave the way for mass adoption around the world.

London, UK – Jan 16, 2019

London-based crypto startup
UpStake is well on its way to revolutionising the global cryptocurrency
industry by eliminating many of the limitations that have stifled growth for
years. Launched in 2018, this promising initiative is focused on ensuring mass
adoption of cryptocurrency by providing a usable, stable form of digital
currency to the crypto and blockchain communities across the globe.

This proposed blockchain ecosystem
is built around UpStake tokens (UPS), the platform’s proprietary token. UpStake
asserts that these tokens have been designed to increase in value over time,
and set the stage to build great products and services which result in better
user experiences.

In order to ensure continuous
increase in value of UPS over time, UpStake has built a Proof-of-Burn model
that burns a certain percentage of tokens sold through their exchange.  This model helps create the value that
contributes to the ever-growing price point of the token. It not only enables
the token price to increase every hour, but also keeps it well protected from
market volatility.

Highly volatile and
unregulated markets have so far obstructed the path of mass cryptocurrency
adoption. In order to eliminate this concern and enable mass adoption, UpStake
relies on token features such as limited circulation, hourly increase of value,
proof of burn, and anti-exchange manipulation. 

Having developed a product
that is immune to market-related uncertainties, UpStake is confident in
bringing about a paradigm shift in the crypto world’s operations.  Individuals and businesses using UpStake can
now gain access to an asset with a store of value that can be safely used in
day-to-day transactions. This will undoubtedly play a critical role in bringing
cryptocurrency to conventional shopping, employee payroll, gaming, online
gambling, network marketing, and much more.

“Knowing the future token
price doesn’t create value,” said UpStake global influencer manager Seth
Fontaine. “It creates a platform of transparency, and a foundation to build
great products and services with an even better user experience than
traditional fiat/banking.”

The UpStake platform also
includes useful features such as its own exchange designed to combat market
manipulation, a micro-networking investing product known as Edge, an affiliate
program, and upcoming projects such as a dedicated UpStake marketplace and
peer-to-peer transfer capabilities.

To find out more, please visit https://upstake.com/

About UpStake: UpStake is an
exciting cryptocurrency project focused on delivering a stable digital currency
that will pave the way for mass crypto adoption around the world. UpStake accomplishes
this feat with a Proof-of-Burn model that periodically burns a certain
percentage of tokens sold through their exchange.

Press Contact:

Seth Fontaine
Global Influencer Manager
Telegram: @sethfontaine
WhatsApp: +1 (909) 240-2158
seth@upstake.com

Post source: Crypto Venture UpStake is Redefining the Industry with a Proof-of-Burn Stable Coin

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