The DeFi sector is hot right now. Users are raking in monster ROIs and every week new and more exciting platforms enter the market. You can think of these platforms as separate pieces to the larger puzzle that is DeFi. Each platform provides a unique perspective and characteristics to the market as a whole.
A Lot of Choices - Picking the Right DeFi Platform
The diversity in the market is critical to mass adoption. However, it can lead new investors to feel a bit overwhelmed when they attempt to participate in the space. These feelings are normal when investing in a new industry such as DeFi. The key is to DYOR (Do Your Own Research) to prevent problems. It's always recommended that you reach out to project developers directly to get your questions answered.
Projects like AccessChain provide you with 24/7 investor support via social media channels. Most platforms will include a Twitter and Telegram channel to help you stay informed. The nice thing about the Telegram channel approach is that it allows you to speak directly with developers and other investors. This is a wise maneuver because you often find that other investors ask valuable questions as well.
What is AccessChain?
AccessChain is a secure, smart, and easy-to-use platform that provides users unfettered access to all of their favorite DeFi functionalities. This technical solution borrows many of the most popular DeFi features and expands on them in a way that is sure to provide users with a better UX moving forward.
Specifically, the development team behind AccessChain seeks to solve the problem of document falsification and deal with the time-consuming certifications. To accomplish this task, the firm plans to introduce a variety of proprietary protocols to the market. These advanced protocols leverage the power of blockchain technology to create a reliable validation system for both commercial and governmental use case scenarios.
As per their website, the platform will employ a wide range of smart and easy-to-use features to provide users with a top-notch DeFi experience. In this way, AccessChain completely disrupts the current business systems. The firm seeks to push the boundaries of what’s possible in terms of ease of use.
What Problems Does AccessChain Attempt to Fix?
AccessChain tackles some core issues facing the DeFi sector in some key ways. First, the platform focuses on accessibility. Currently, there are billions of people around the world that lack access to basic banking functionalities. AccessChain does away with the need for expensive infrastructure and other barriers to adoption and creates a frictionless onramp for those interested in the market.
AccessChain's developers share the goal to create a financial infrastructure for billions of people around the world. Hence the "Access" in AccessChain’s name, it’s all about creating a more democratic financial sector. To accomplish this task, AccessChain combines various aspects from the blockchain sector and traditional databases.
Document Validation
AccessChain will first attempt to correct the glaring issues with document validation. This strategy will speed up the certification process for many business areas. Document validation is a major choke point for firms seeking access to liquidity pools. AccessChain will allow any business to raise capital and alter the way investors buy and sell in an elegant manner. It’s the hope of developers that this approach will help to push adoption further. Studies have shown that the majority of new Defi users feel anxiety over the unfamiliarity of these platforms.
Benefits of AccessChain
While many of the most advanced features of AccessChain remain private until the platform’s official release date, there are some key features that the public has been made aware of. For example, users can manage their wallets from their mobile phones using the ASIC Dapp.
This Dapp is at the core of the AccessChain. This handy application allows users to easily communicate amongst themselves and with the developers behind this project. This approach creates a more cohesive community to help push this project to new heights in the future.
How to Get AccessChain
Currently, the only way to get your hands on the $ASIC token is via the company’s pre-sale. This event is currently underway with major discounts for early bird investors. Interested investors can gain AccessChain tokens (ASIC) by way of using Ethereum and USDT.
Token Sale
AccesChain's private sale officially kicked off this week. The event is slated to last until October 4, 2020. The initial cost of ASIC tokens is set at $0.016 during the event. Consequently, early-bird investors enjoy a conversion rate of 1 ETH = 22.000 ASIC. The private sale is set to complete on October 4, 2020.
Token Distribution
Investors in the AccessChain platform will receive their tokens within 24-hours of their participation. Developers utilized smart contracts to automate the process. According to the team, these tokens will gain liquidity as they are scheduled to be listed on the popular ERC-20 exchange UniSwap the day after the event concludes. You can store ASIC using any ERC20 supported wallets like METAMASK and Trustwallet.
RoadMap
According to the AccessChain’s roadmap, the project initially started in early 2019 and, in less than a year, the team claims to have achieved technical design and demonstration capabilities. Moving forward, the firm will host a public ICO in Q4 of this year.
The platform seeks to have App Beta testing live by Q1 2021. By the end of 2021, the entire platform will be publicly available for use. In this way, AccessChain takes an incremental approach to the market. Currently, there’s no information about the team on the website, however, they can be reached directly via their Twitter or Telegram channels.
