Coinaaa, the new cryptocurrency that was launched earlier this month, has sold out it’s first batch consisting of 20 Coinaaas in May at a total of 33 400 USD (10 000 NOK/1 700 USD a piece).
CryptoCoinsNews has partnered up with Coinaaa and will in the summer of 2014 start with Coinaaa payments. Coinaaa is not going to replace any cryptocurrency, but rather supplement them.
CCN has chosen to start experimenting with Coinaaa because:
Coinaaa has a minimum value. It won’t drop below a certain buy back price that you can find here. This is important for CryptoCoinsNews because the volatility of Bitcoin makes it sometimes hard to plan for income and expenses (especially when sharp declines happen). Coinaaa can become a cryptocurrency with a more stable price development, hence a more suitable payment option for businesses.
Coinaaa has a verified address system making it more desirable to use among legal businesses.
Trading with businesses and people that have verified Coinaaa addresses will prevent fraud.
Coinaaa is backed up by real assets and is organized as an organization with quarterly audits. Coinaaa can supplement other cryptocurrencies, like Bitcoin, that has no guarantee for the price development. It can also be a good entry coin for businesses and investors that wants to try cryptocurrencies without risking to loose too much (and then go onwards to e.i. Bitcoin when they get more comfortable).
We at CCN are trying to run an operation that needs budgets that can be followed and not being determined by the rise or decline of Bitcoin. Yes, Coinaaa is more centralized than Bitcoin, Dogecoin, and Litecoin, which gives it both disadvantages and advantages. We will experiment with this new form of doing payments in the summer of 2014 and give you feedback on how it works.
As Coinaaa mentions, the next batch of Coinaaas will be sold in June 2014, if you are interested you can contact Coinaaa here. Remember that Coinaaa AS would need your full identification if you want to buy Coinaaa.
source: http://www.cryptocoinsnews.com/news/ann-new-cryptocurrency-coinaaa-minimum-value-sold-first-batch-33-400-usd/2014/05/28
New cryptocurrency Coinaaa sold out
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