Blackstar Group Announces SPINDLE Project to Match Investors with Crypto Funds

One of the largest problems in the blockchain and cryptocurrency world today is trust.

With scams being so prevalent and often well-planned, it’s difficult to know which news sources and projects to trust when making investment decisions. Fake news has become so widespread and effective in the cryptocurrency space that it has even caused massive fluctuations in the price of many assets.

For example, in early January 2018, rumors began spreading that South Korea had plans to ban its citizens from using cryptocurrency exchanges. Many news sources began publishing articles detailing the South Korean government’s intention to ban all exchanges, with virtually no evidence provided. Investors began to panic, and rightfully so, considering the impact South Korean investors have on the cryptocurrency market.

About a week later, the South Korean government cleared the air and announced that they had no such plans. But the damage had already been done – due to panic selling, Bitcoin had lost almost 60% of its value.

It’s difficult to discern real news from rumors. It’s difficult to decide what projects to invest your money in. In a space dominated by projects that try to solve trust issues with blockchain technology, there is ironically a trust issue being created in and of itself – who to trust, in the first place?

The SPINDLE Project, by Blackstar Group, aims to solve this problem. It matches investors interested in cryptocurrencies with asset managers and cryptocurrency hedge funds that can do the investment work for them. Thanks to the power of the blockchain, investors can track which asset managers and hedge funds are performing the best because investment decisions will be transparent and viewable on the blockchain.

Investors will use SPINDLE tokens to invest on the platform, which creates a demand for SPINDLE that is directly related to its use as a vehicle for investment. There is a degree of anonymity, as well, as SPINDLE tokens can be spent without KYC (Know Your Customer), which removes the burden of identification that many cryptocurrency investors dislike dealing with.

The SPINDLE project believes that transparency, fairness, and reliability are necessary to solve the critical issue of trust that are so pervasive in the cryptocurrency space, and in doing so they hope to build a healthy and widespread interest in the field of cryptocurrency investing.

Scams and misinformation will not simply disappear. It’s clear that something needs to be done to address the issue proactively. While it’s likely that the cryptocurrency market as a whole will maintain its volatility for years to come, what certainly cannot be maintained is the lack of trust and information available to individuals who are new to the space, many of which are new to investing as well. SPINDLE is the catalyst needed to begin solving that problem. With SPINDLE, potential investors who are interested in blockchain technology and cryptocurrencies can be given the tools they need to get started in the market.

SPINDLE has recently launched an airdrop and bounty program prior to their ICO. Users can register to receive their SPINDLE tokens at: http://airdrop.spindle.zone/

For more information, you can also visit the project website: https://spindle.zone/

 

The post Blackstar Group Announces SPINDLE Project to Match Investors with Crypto Funds appeared first on Bitcoin Garden.

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