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https://myrtsblog.wordpress.com/2018/01/02/what-is-poma-and-how-could-it-affect-htmlcoin/

 

 

 

What is POMA and how could it affect HTMLCOIN?

 

Recently I brought up the cryptocurrency HTMLCOIN. While that was more of an informational post this will instead focus on why I personally believe in HTMLCOIN and it’s future value. I am writing this now because a lot of people in the htmlcoin community have questions and in the near future some changes will happen that could send the altcoin flying up the charts. It has already risen a lot since I bought it a couple of months ago so the future looks bright indeed.

What is POMA?

This is the main topic for today. Everyone involved with htmlcoin has heard this term be used in the past week. But what is POMA and what does it actually mean? Honestly, it’s not a big secret or anything.

POMA stands for Proof of Mass Adoption. Now, for those who aren’t well read on economy and finance, this term might seem confusing. Luckily, POMA can be explained easily.

Mass Adoption refers to the “mass use” of something. When something is mass adopted it means that it can/is be used by, well the masses.

In the case of htmlcoin it refers to its ecosystem platform. This is revolutionary for those of us that work with freelancing. The idea of the platform is (as far as we know), to unite companies both big and small with freelancers in all possible subjects and from all over the world.

I, for example, work as a freelance translator & copywriter in Swedish, English and Danish.  I have already signed up to be part of this platform. But why is this platform even important and will it actually affect htmlcoins value? Yes, yes it will.

For those who don’t follow economical news, freelancing is today the largest form of occupation in the USA and Europe. To put this into figures: In 2016, 35% of the US working population were registered as freelancers. That’s 55 million people! And since 2016 the number has grown exponentially, it’s now getting close to 50%. That’s HALF of the workers in the US. Europe has similar stats, generally speaking it’s 10% less than the US but remember that the number represents all of Europe, which has a massive population divided in many different nations.

Now, one issue we freelancers often face, especially those of us that work almost entirely online, are fees. I’ll use myself as an example. I lose, in average, 20% of all my income to fees, depending on various circumstances, this number can go all the way to 25%. This includes platform fees, banking fees, transaction fees and so on. As you probably know already, freelancers aren’t rich. We usually make enough to live on but not more than that (depending on the contracts we get, availability and so on).

In other words, those 20-25% is money that I need. And it gets worse. You were just thinking “Well, you still get like a fourth, that’s something at least.” Wrong. When I have those 75-80% left, I still have taxes. Unfortunately I live in Sweden that has some of the highest taxes in the world. So, cut off another 30% (simplified really as VAT also has to be added).

So what do I end up with? Somewhere around 40-50% of what I am paid. That’s HALF of the money I EARNED lost to fees, taxes and so on. Now, taxes are fine, I can stand these high taxes until I either leave the country or meet someone I want to spend my life with in another country. However, those 20% in fees I’ll gladly cut. That is where HTMLCOIN comes in.

This cryptocurrency isn’t focused on anonymous transactions. Instead it focuses on easy identity verification, extremely fast transaction speeds and virtually no fees. The transaction fee is so low it basically doesn’t exist (A transaction of 1 million HTMLCOIN to a wallet costs 1 htmlcoin right now.)

So POMA is revolutionary, without a doubt. This is THE FIRST, and THE ONLY platform that actually wants to solve this issue that literally MILLIONS of freelancers are suffering from. The smart contracts that HTMLCOIN use will also allow for the security that both we freelancers but also our customers need. The ecosystem platform itself will also give us new venues to market ourselves on an innovative and modern digital system. We can also market directly to our already existing clients that we can work cheaper for them if they switch to HTMLCOIN because we will be able to lower our prices. Everybody wins.

POMA is estimated to be released sometime in January but it could of course take until February in a worst case scenario. We need to respect that because this platform MUST work when it’s released. A stressed release will not only hurt the legitimacy of the platform but the entirety of HTMLCOIN, which would of course affect the value of it negatively.

This is amazing stuff, which many has already realized which is why HTMLCOIN has risen from 2 satoshi to 11 (almost 12) satoshi in just a week. It will now keep rising which is also why I recommend to buy in as soon as possible. I HIGHLY recommend this coin as you can with a small sum buy large amounts.

To clarify: HTML5 is the old coin and can only be bought on Yobit, don’t. The new HTMLCOIN can be bought on TradeSatoshi, NextExchange and Bleutrade. I personally recommend bleutrade as they work fantastically for me. Buy your HTMLCOIN (or check it’s status by clicking here.

For freelancers reading this, I highly recommend to look into this coin and how it could massively improve your economy. This is the moment we need to strike back at the financial abuse we have gone through by banks and abusive platforms.

On a different note

Not entirely sure how much this actually says but did you know that Simon Telfer is the Executive Vice-President for Business Development and Innovation at HTMLCOIN Foundation? Recognize the name? It’s the director at CGI and advisor at ReiSoleil McAfee Crowdchain. Not entirely sure how much this means but based on what I’ve read about him he’s extremely good at what he does.  With him being VP of BDI htmlcoin could definitely succeed not only on technical development but also on the business side of things.

 

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