The world of cryptocurrency has grown beyond anything the world has seen before. The technology behind cryptocurrency is also on the rise, creating even more opportunities for the future. ASM Crypto is one of these currencies, and it is making waves. So if you want to learn more about what this new crypto really is, then read on.
What is ASM Crypto?
In brief, ASM Crypto is a mileage integration protocol built on the Ethereum blockchain, that enables its users to gather points and use these points just like real money via the ASM token.
Assemble Protocol (ASM) is an Ethereum token that powers Assemble, a platform where users and merchants can aggregate, manage, and spend reward points. On Assemble, point providers and retailers can run special events or promotions, providing benefits like discounts for ASM holders.
Buyers can utilize their points within the Assemble Market or outside to purchase a variety of products. In addition, various points can be integrated and converted into a single ASM Token. Integrated points can then be exchanged for cash in a simple process. Moreover, buyers can use this coin any time all over the world. And the cherry on top, consumers can earn additional rewards through community participation or by leaving reviews about their post-purchase experience.
Why is it Popular?
On October 21st, the leading United States-based bitcoin trading venue and exchange, Coinbase, has listed ASM tokens on its platform. According to the Assemble team, ASM has attracted massive interest from investors since going live on Coinbase, with its trading volume hitting the $500 million mark on both centralized and decentralized exchanges.
Furthermore, Assemble has managed to grow its user base, which is a great sign for this new cryptocurrency. The more users it has, the more it is likely to grow in the future. According to its creators, ASM Crypto gives traders the freedom to utilize their points in the same way they would earn, everywhere across the world and at any moment. Users can also earn rewards, giving them even more reasons to stay on the platform.
Moreover, the cryptocurrency is backed by the Ethereum network, giving it a strong foundation. This is also one of the reasons why ASM is currently one of the most popular cryptocurrencies on the market today. Let's wait and see what the future holds for this promising crypto.
For more articles like this, take a look at our Crypto page.