Spectrum

SPECTRUM (SPT) is a decentralized online shopping aims to improve the e-commerce system for buyers and sellers. As a rapidly growing business sector, e-commerce continues to open up new avenues for exploring, comparing and purchasing products worldwide. Such popular online platforms have no doubt transformed the way in which we shop and live. Access, convenience, low prices and the availability of a large selection of products are among the many benefits these platforms deliver to consumers. But such benefits provided by centralized corporations come at a cost — increased prices, process inefficiencies and aggressive marketing using huge amounts of personal data.

Spectrum (SPT) are more than just a cryptocurrency because they can be adapted to meet unique user needs (such as, staking, or value-pegging) in ways most other cryptocurrencies cannot be adapted. For example, SPT deposits encourage certain behaviors, such as trustworthy dispute resolution or larger spam disincentives than gas fees can provide. Token flexibility will also be necessary to implement evolving stability frameworks (such as, those used in Digix, Maker, or Gnosis) to ensure users are not exposed to market-risk while engaged with the ecosystem. Moreover, using an independent token allows for the community to adjust to unforeseen local threats without requiring a hardfork of the underlying blockchain protocol. Finally, SPT are preferable as a distinct instrument of value so that its value can fluctuate independent of systemic volatility similar to why consumers use US dollars to buy gas, bread, and stocks rather than trading directly between them.