Author Topic: What is the utility of and who should buy GRFT coin?  (Read 342 times)

yidakee

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What is the utility of and who should buy GRFT coin?
« on: April 04, 2019, 10:38:50 AM »
GRAFT Network enables crypto payments to work similarly to other payment processing networks (like Visa, Mastercard, Amex) by supporting special functions such as instant authorizations, seller paid fees, etc

GRAFT coins (GRFT) are the lifeblood of GRAFT Network and are used as a specialized interim currency which provides the functions needed for POS-style payment processing. GRAFT coins are also used for Proof-of-Stake protocol (where the credibility of the nodes is proven by presenting the network token ownership.)

So who should consider getting GRFT coins and why? Here are some of the potential actors and usages:

SuperNode Operators looking to make fees on authorizations
Service Brokers (Payment processors, exchanges, risk managers, etc) need GRFT coins as Proof-of-Stake to be able provide services on the network
Users might want GRFT coins as a purchase currency so they don’t have to incur high network fees on other digital assets where the fees are network rather than transaction amount dependent.