Soarcoin (SOAR)

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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.

Our Joke Name

Soarcoin = Next Gen Bitcoin

Basic Intro

Link to the main website

Link to price/market cap

Exchange Ticker (SOAR)

Coin or Token

Circulating Supply (1.1 Billion)

Total Supply (5 Billion)

Block time (under 60 seconds)

Market Cap Ranking

Review

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.

Key Features

  • Typh
  • Property Census
  • Inexperienced

Typh

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.

Property Census

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.

Inexperienced?

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.

Key Team Members

  • SETH LIM
  • NEO WENYUAN
  • ANDY BAILEY
  • HIMANSHU PANDEY

Summary

Soarcoin holds a lot of potential, It might sound like a silly thing to say but the success of this project heavily relies on the team. And from the outward perspective the team appears very strong and hard working. Keep your eyes on Soarcoin!

Pros

  • Reward users
  • Liquidity

Cons

  • inexperienced
  • No backing (asset, profits, commodity)