SmartCash is a decentralized platform that allows you to make transactions with a virtual currency. Transactions are fast and secure. A large community has formed around the cryptocurrency SmartCash.
The distribution of funds
80% of the funds generated by SmartCash go back to the community for project management and development. 15% are rewarded (SmartRewards) and 5% are awarded to minors. There is a real desire to support the expansion of SmartCash rather than encourage the profits of miners.
Traditional cryptocurrencies, such as Bitcoin, reward only the miners and neglect the other actors who play an active role in maintaining the development and promotion of the project. SmartCash is a currency focused on the community, where community and development come first. 80% of the block reward has been allocated to fund the SmartHive community proposals, as well as the Hive Teams. The remaining 20% of the block reward has been assigned to Mining (5%) and SmartRewards (15%).
With SmartCash we have put a great emphasis on the community, so we reserve 70% of the budget to finance projects that the community would like, leaving only 30% for certain projects such as maintenance of the system and other basic needs. We encourage anyone with the skills to help SmartCash get involved in the community and bring their best creative ideas with you.
SmartCash is a project born of the desire to create a viable, fungible, fast, merchant-oriented, user-friendly and community-driven cryptocurrency with a decentralized government system. The SMART team’s goal is to create the most agile and fast-growing cryptocurrency by aggressively prioritizing block rewards to grow our community, hire developers, gain acceptance from merchants and through community-based community outreach efforts and established marketing methods.
Bitbns operates out of Bangalore, India, where the team has a larger presence in the crypto markets. The most notable feature of Bitbns is the ability to make quick purchases with netbanking from almost anywhere in the world. Bitbns maintains an active social media presence and has a prolific online presence.
The main reason Bitbns is so popular is probably because it’s local. That means Indians can make fast exchanges, and avoid transfer and currency exchange fees to get much better value for money on Bitbns than elsewhere.