Markets Insider published few days ago a dilettante comparison of 3 cryptocurrency projects to watch for. The #1 (in their opinion) is MinePlex PLEX which is imo false. But, still a good reason to publish idea.
"MinePlex is a new generation mobile crypto bank with its own blockchain and liquid token. The creator of his own CrossFi technology, which combines the stability and liquidity of traditional financial instruments with the security and transparency of blockchain technology.
The MinePlex blockchain is based on 2 tokens. The MINE token - non-volatile with a fixed value-gives access to the system's services. The PLEX token has a predictable price increase due to a mathematical algorithm. PLEX acts as a payment instrument and as an asset. Features of token pricing allows you to solve one of the main problems of the crypto industry - currency volatility. Additionally, it creates an opportunity for users to receive 20% per month by sending MINE tokens in a staking. Rewards are awarded in PLEX tokens, which can be converted to USDT and the MINE token or sent to the exchange.
The decentralized MinePlex system is built on the multi-stage architecture of the Tezos blockchain, which allows you to make changes and update the system without performing hard forks. The Liquid Proof-of-Stake (LPoS) algorithm implies ownership of MINE tokens. Unlike Delegated Proof-of-Stake (DPoS), the address itself is delegated, not the tokens. Thus, users always have access to their tokens and can use them at any time or change the delegate (Plexus Pool).
The MinePlex team consists of more than 50 people who are experts in various spheres of the financial and crypto industry and create the company's products, develop processing solutions, and promote the project.
Vladislav Babitsky, CTO of MinePlex, senior level developer has been working in the IT field since 2010. He has successfully implemented more than 50 projects, including in the areas of ecomers, fintech, blockchain, medicine, computer vision and gps monitoring. Participated in the development of government projects for Russia, Belarus, the United States, China, certain regions of Europe and the United Arab Emirates.
Alexander Mamasidikov, CMO of MinePlex, expert in the field of crypto and digital marketing. He has been developing and implementing PR strategies for more than 13 years. Since 2015, he has been working in global fintech and blockchain projects. Included in the TOP 20 blockchain entrepreneurs according to Publish0x. Founder and Director of the IEO Agency." (from cmc)
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