Sologenic

Overview of Sologenic

  • Sologenic deploys a specific algorithm to analyze the community feedback in alternative events which include SCF, allowing SOLO holders to participate in the selection process.[31] The weight of the SOLO holder’s participation power in community events depends on the number of SOLO coins they hold.
  • Sologenics, an entity that is affiliated with Coinfield, says it facilitates users with investing, trading, and on-demand tokenization of over 40,000 traditional assets which include stocks, ETFs, and commodities.
  • Sologenic protocol is based on a specific algorithm for analysis of the community feedback to the events and providing a certain degree of governance authority depending upon the volume of SOLO coins held.
  • Sologenic DEX allowing users to trade Cryptocurrencies, and the upcoming Tokenized Assets which include Stocks, ETFs, and commodities from top global exchanges 24/7 from every corner of the globe.
  • Sologenic reduces the cost, friction, and complexity of traditional trading and transferring of assets by creating a simple, fast, and secure infrastructure tailored for the modern era.
  • Sologenic has set aside a portion of the SOLO token allocation as part of a SOLO Expansion Fund, to grow  the asset’s ecosystem through community gatherings, airdrops, and events.
  • Sologenic will also, for the first time, introduce the “SOLO simulator,” along with a live demo and AMA explaining what the tokenization asset simulator offers.
  • Sologenic IEO that took place in February 2020 provided the last opportunity to buy SOLO at a fixed price of 0.25 USDT before the public trading went live.
  • Sologenic price Index provides the latest SOLO price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
  • Sologenic will be traded under the trading symbol of “SOLO” in multiple trading pairs, which will include USDT, USD, EUR, GBP, and XRP.

    • Blockchain

    Additionally, Sologenic users receive a FREE crypto card for everyday purchases and transactions around the globe. The ecosystem aims to eliminate entry barriers for individual and institutional crypto investors, allowing them to trade non-blockchain asset classes with one single cryptocurrency – SOLO.Sologenic intends to offer discounts on trading fees, along with the Liquidity Provider Reward Program (LPRP) for SOLO holders.

    Network

    Sologenic is an ecosystem built on top of the XRP ledger network utilizing the on-demand tokenization of assets from traditional financial markets

    Regulation

    Regulations prevent Sologenic from operating in the USA and Canada.

    Support

    It was launched in April 2018 by a Canadian Coinfield exchange based in Vancouver.SOLO is a utility token and backbone element of the Sologenic ecosystem that was created by a team of crypto specialists and passionate supporters of blockchain.The ecosystem was developed to provide users with the capability of tokenization of non-blockchain based assets, for instance, stocks and ETF from more than 30 global exchanges.

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    How do I buy Sologenic?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Sologenic.

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    What is SOLO?

    Sologenic deploys SOLO coins for market-making and liquidity providing.SOLO coins are issued on the XRP Ledger allowing liquidity to be moved almost instantly.The ecosystem aims to eliminate entry barriers for individual and institutional crypto investors, allowing them to trade non-blockchain asset classes, such as stock, ETFs, and commodities, with one single cryptocurrency – SOLO.To put it simply, the coins will enable people all around the world to buy and sell stock in their favorite companies with SOLO, without the need for traditional brokerages.

    What is Sologenic?

    Sologenic is merging traditional finance with blockchain.The Sologenic ecosystem aims to make it effortless for crypto investors to exchange assets and invest in different conventional financial instruments.

    What is Sologenic?

    Sologenic is merging traditional finance with blockchain.The Sologenic ecosystem aims to make it effortless for crypto investors to exchange assets and invest in different conventional financial instruments.

    What is Sologenic?

    Sologenic deploys SOLO coins for market-making and liquidity providing.SOLO coins are issued on the XRP Ledger allowing liquidity to be moved almost instantly.This creates a dynamic bridge between Crypto assets and non-blockchain-based assets by being paired directly with fiat to settle with third-party brokerage firms.

    What is Sologenic?

    Sologenic is introducing a sophisticated ecosystem that facilitates users with investing, trading, and on-demand tokenization of assets such as stocks, ETFs, and fiat on top of the XRP Ledger.A tokenized stablecoin of TSLA stock or USD fiat is presented as TSLA? or USD?, respectively.These stablecoins are tradable and redeemable against XRP and SOLO on both CoinField exchange & XRPL DEX.Sologenic deploys SOLO coins for market-making and liquidity providing.SOLO coins are issued on the XRP Ledger allowing liquidity to be moved almost instantly.

    What is SoloGenic?

    Several weeks ago, it became apparent that the CoinField exchange was working on a Ripple-related project.Despite a lot of mystery surrounding the project, more information has come to light in the past day.The project is known as Sologenic, and will potentially introduce a new wave of stablecoins in the near future.

    What is the Reddit page for Sologenic?

    The official Reddit community (subreddit) for Sologenic is r/Sologenic.

    What is the value of Sologenic?

    One Sologenic (SOLO) is currently worth $1.65 on major cryptocurrency exchanges.You can also exchange one Sologenic for 0.00002919 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Sologenic in U.S.dollars is $329.16 million.

    Where can I get Sologenic wallet?

    Sologenic produces its own wallet software that is available for download on its website, which allows you to store Sologenic on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    History of Sologenic

  • In 2018, Ras and Bashash switched their focus to cryptocurrency and blockchain technology with one goal in mind: To create a new financial ecosystem for the modern era, and Sologenic was born.[10]
  • In 2019, Sologenic was nominated as “DeFi Project of the Year” at the AI & Blockchain Summit in Malta.