Why is SuperOne on the Blockchain?
Ever since the dramatic rise and fall of Bitcoin as a speculative asset, a lot of the focus within the crypto community has moved towards real-world case studies of the technology behind it: blockchain.
You'll probably have a reasonable understanding of what blockchain is. But, without going into all the stuff about people on computers racing to unlock a box to claim a reward, a blockchain is simply an immutable and mutually distributed verified ledger.
It allows digital information to be distributed but never copied or altered. Each piece of data can only have one owner.
If you take the same sensible precautions you would with the rest of your digital data, blockchain also allows your crypto to be stored and transferred securely.
SuperOne doesn't HAVE to use blockchain. There are ways to distribute commissions, tokens, packages, gaming credits, and so on through fiat currency. But to create a business community opportunity based on a world-beating game would, frankly, be hellishly complicated, prone to error, and have to deal with issues like having to pay every member of a huge global community in a single currency.
With crypto enjoying its third wave, blockchain is the perfect partner for the youth-oriented mobile gaming world, producing major efficiencies that SuperOne and its business community can enjoy.
If we paid out in US dollars, many of you would have to pay expensive commissions to exchange that into your fiat currency with all the downside of exchange rates.
One of the huge benefits of using blockchain is to avoid all this inconvenience, hassle, and uncertainty. And the other point is this: Ripple.
Ripple’s token, known as XRP, is the crypto of choice for the new SuperOne platform because it is incredibly fast, and has very low transaction fees, meaning you can easily move funds into Bitcoin, fiat, or other cryptos without incurring major costs.
It is also built for streamlined, rapid, and complex payment processes. If the SuperOne community could build their own cryptocurrency from scratch, they would probably end up producing something like Ripple.
The main idea of Ripple was to create a system of direct asset transfers in real-time which would be cheaper, more transparent, and secure than even the most sophisticated fiat payment methods, such as SWIFT. Think of it as a super slimmed-down, agile version of Bitcoin, if you like.
By choosing on the one hand to use blockchain and on the other to make Ripple the payment unit of choice, SuperOne can scale quickly while ensuring the payment and rewards structure remains robust.
The blockchain ensures you get paid the RIGHT commission QUICKLY as soon as you qualify for it. And it gives our developers and tech team peace of mind, knowing they can concentrate on making the rest of the platform as slick as possible while the payouts automatically whizz to our incredible affiliate community 24 hours a day.