- Reward users
- Liquidity
Soarcoin at first glance appears to be another Bitcoin clone and while this may appear negative it forces creativity. The creators of Soarcoin know Bitcoin and how it works better most minds in the crypto space. Banks can be very unfair and even inaccessible to people within impoverished nations, Being able to send money from one country to another is a very costly process and for men and women who have moved across the world to support their families every cent counts.
Typh is the incentive program that Soar have used to reward its users for holding onto Soarcoins, Much like banks have interest Soar has Typh. Another interesting thing about Typh ( even tho the details are vague ) is that Soar plan to use Typh to help with advertising and expanding their user base.
The team at Soar understand what numerous starting up cryptos do not. For the coin or token to have value it must be usable, What value can be found in money when you are lost in a desert. Soar is starting with property, Having the coin directly usable to buy and rent houses in SEA is a very smart approach as this gives the coin a very valuable use case.
The team at Soar are self stated to be inexperienced, While this may not be a con in the traditional way, it can still be a downfall based on the approach that the team at soar take. They understand their understanding and appear to be very humble about it, Their willingness to produce a good product and genuinely make the world a better place is a fresh sight in the smaller market cap coins.