The cryptocurrency market went from around $10 billion in May 2016 to surpass $400 billion in May 2018. Such explosive growth had never been witnessed in any other asset class. While the surge is nothing short of remarkable, we believe it is only the tip of the iceberg. The true potential of the crypto market is still waiting to be unleashed.
We started our research with what was holding the crypto market back. Why hasn’t crypto already changed our lives and the way we do business?
Although millions are opening new accounts every month to trade and invest in cryptocurrencies, major impediments still exist in the mass adoption of this digital asset class. For most people, crypto is confusing and inaccessible, requiring technical expertise. Moreover, crypto coin owners have limited options. Trading these digital assets means participating in a highly volatile market. On the other hand, there are very few products and services that can be bought using crypto coins.
We began visualizing a service that would make crypto accessible for everyone. One wouldn’t need technical expertise to own and trade it; and would have a massive array of goods and services that could be purchased with it. That’s when we envisioned Tempow, a global network of crypto owners (who could exchange the coins face to face) and businesses (that could expand their market by accepting crypto coins), supported by a global crypto exchange.
Tempow comprises of three separate platforms – Legatow, Crescendow and Fortissimow.
Legatow connects crypto buyers and sellers face-to-face, without requiring a third party. Crescendow facilitates products and services to be bought and sold with different cryptocurrencies. This would be the world’s first crypto-only e-marketplace platform. Fortissimow facilitates the exchange of crypto to crypto and crypto to fiat money. It would be an innovative crypto exchange platform that offers rewards and incentives.
All three platforms are linked through a single token - Tempow (TEMP). This means one can use or trade TEMP on any of the platforms as well as across all three platforms. All TEMP token holders will have the option to join the Tempow Token Club to participate in the commercial success of the platforms over the longer term.
Most crypto crowd sale campaigns are focused on attracting existing investors, fighting for a share of the exiting market. The Tempow project will attract millions of new crypto users, dramatically expanding the size of the market.