REAL-TIME PAYMENT BLOCKCHAIN

1:100 Split

Price Cup of Coffee Bitcoin vs GRAFT

What’s the difference between 0.01 and 1? When it comes to a price of cup of coffee, the difference is pretty substantial.

Over the course of the last month or so, we’ve been talking to users, customers, and potential investors, it became clear that one of the things that bothers people about Bitcoin and other major “investment” cryptocurrencies is that they always require a calculator when trying to pay for anything, as the numbers have a lot of .00 in front of them, with the situation likely to get even worse.

Since we’re targeting the retail segment with GRAFT, we thought it’s important to pay attention to the usability at the point of sale. Even though GRAFT is initially intended to be a “hidden” currency, facilitating a payment using one type of currency into another, longer term it’s possible that it will become more visible, and if it does, dealing with whole number is a whole lot easier than dealing with a lot of decimals.

As an added bonus, this makes the purchase price psychologically more palatable to the investors.

After weighing all pro’s and con’s and doing testing to the algorithms to confirm feasibility, we have decided to go forward with the change.

We’re keeping everything else (emission formula, coin distribution percentages, and valuation) the same, just multiplying the size of emission by 100.

If you have received grf:token so far as part of the Presale, service, or bounty programs, we will apply the split at the time of conversion to the GRF coin.

About GRAFT Project

GRAFT is a blockchain based payment processing network the functions similarly to a credit card processing network with off-chain authorizations and in-network atomic swap based interchanges. The network is completely decentralized, able to work cross borders and adapting to local regulatory environment. In addition to decentralization, GRAFT solves four biggest problems that exist in cryptocurrency at a point-of-sale today – privacy, speed, fees, and integration. Technically, GRAFT Network is a two layer (proof-of-work and proof-of-stake) blockchain with proof-of-stake based authorizations and economically incentivized participation with opportunities for mining, authorizations, in-network exchanges, gateway hosting, merchant services, etc.

GRAFT is open-platform, open-source, community project.
Opportunities are available to invest in GRAFT project with additional funds going towards marketing, liquidity (exchanges), additional dev resources, and new initiatives. If you are a qualified (accredited) investor who’s interested, please contact us at invest@graft.network and we will work to match you up with an appropriate investment option.

And of course we will never say no to project donations, providing you with lots of karma points (and an honorable mention on GRAFT site). To donate please send an email to info@graft.network and we will generate a unique donation address for you.