Recently, the Bull market of Crypto gaint Bitcoin has made the Cryptocurrency Investment arena the most sought Plan! Why so? Because the Bitcoin is now considered as an investment equal to gold. Many investors view the cryptocurrency Bitcoin as an asset the can provide many returns. Because of this reasons, other cryptocurrencies too has gained its popularity among the users. Many seek for the long term investment of the cryptos they hold. Whether it be Tron- TRX or Ethereum-Ether which are next in line to the crypto gaint bitcoin.
Users now seek for Long lasting gains. This can be mainly full filled by High yielding Investment programs. These programs facilitate users to use the cryptocurrency as an Investment material and help them to gain more from their initial investment.
That too a hyip investment platform on a blockchain can make the data more secured. Involving smart contracts can make the things more automatic, starting from the initial stage of Investment. Before getting into the facts of crypto hyip platform on ethereum Blockchain, lets see an Explanation about what HYIP is all about!
HYIP or High Yielding Investment Program is a scheme that will help investors to gain high yields from their investments. The blockchain based Crypto HYIP integrated with smart contract make the investment program more intact. This is because the Smart contract involved makes sure that the investment value is secured at each stage of investment process. Since Smart contract cannot be destructed or altered as it runs on the Blockchain, this removes the question about any possibility of fraudulent activity.
Ethereum is one of the Global Computing Platform, that serves as a launch pad for Decentralized Applications or DApps which are mainly open sourced and are not controlled by any single entity.
Ethereum is advantageous than any other Blockchain as it facilitates individuals and companies to do much more than just transfer/ trade funds between entities. Its named as the hottest platform in the world of cryptocurrencies and blockchains as many companies invest in it. Also the blockchain is build with the turing-complete scripting language enabling progression of smart contracts across all nodes and achieve verifiable consensus without the involvement of third party such as a court.
It is to be noted that the Ethereum Virtual Machine is very much capable of running smart contracts that can provide option contract, swaps or coupon paying bonds to represent financial agreements. It can also be used to full fill the employment contracts or to execute bets and wagers and act as a trusted escrow for the purchase of high-value items. These features of Ethereum network help to create a new market.
Decentralized Autonomous Organizations (DAOs) in Ethereum
Smart contracts could be the main reason as the building blocks of Decentralized Autonomous Organizations that function like corporations and engages in economic transactions that include buying/ selling, hiring labor, negotiating deals, balancing budgets and maximizing profits without any intervention. This opens the door for various opportunities.
Decentralized Applications in Ethereum
The Decentralized Applications called the DApps are currently is one of the famous concept. These standalone applications utilize smart contracts and run on the EVM. The best examples include the micro payments platforms, Reputation functions, gambling apps, schedulers and P2P marketplaces. The key of DApps is that the Decentralized applications helps to carry out functions without the need for central authority. Here is an infographic that holds the list for why Ethereum is a best option for your Investment start up.
As an Enthusiastic Crypto Entrepreneur you may want to choose the best Blockchain for the your Investment startup that will be a more Lucrative and more secured for the users as well as for the platform owners. Here are the list of reasons for the development of HYIP software on Ethereum Blockchain.
Ethereum acts as a powerhouse for all the Decentralized Applications. One can easily launch and run their DApp based HYIP on Ethereum network and attract more investors to their Platform.
The Involvement of Blockchain Smart contract makes the platform more secured and trustworthy.
The Implementation of Smart contracts allows the automated processes and thus there won’t be any involvement of owner in order to handle the investment of the platform users directly. This creates a decentralized environment where the users will be able to trust the owner.
Since Ethereum can very well host DApps in its platform, this concept creates an opportunity for the entrepreneurs to create DApp based HYIP like Etherchain.
Not only the trust is created between the users and the admin, also both can gain more from this type of Decentralzied User Interface.
Why Choose Pulsehyip for Ethereum based Investment Platform Development?
Pulsehyip is the best Blockchain based HYIP Software Development Company and our adroit blockchain developers can help you launch your Blockchain based HYIP Software instantly. There are various Blockchain networks that we are specialized in. That too we focus on Ethereum, Tron and EOS blockchain mainly. Based on the conveniences of our clients our development team can help you with the processes.
Our agile process can help you attain your business venture in a short span of time. Even though other blockchain networks have araised after the introduction of Ethereum into the crypto world, the Cryptocurrency Ether and Ethereum network has shown competence enough to prove its long time run in the Crypto economy.
We, Pulsehyip solely provide Cryptocurrency based Investment platform development services as we foresightedly view the need for rightful Crypto investment platform for the further growth of users of Digital currency.
If you are also an entrepreneur wanting to develop a business in your crypto industry, you can go for Crypto based Investment platform development, normally called as HYIP.