There is no doubt that among the key innovations that will shape this century, from Artificial Intelligence to Robotics, to Virtual Reality, none has taken off to a momentous start in its early days and is synonymous with disrupting the status quo as the cryptocurrency industry. The birth of Bitcoin in 2009 for many was not a big surprise as it came just on the heels of one of the biggest financial meltdowns the world had ever seen. Banks, which for long were trusted without questions by the general public around the world, were outed to be infested with corrupt practices, shattering people’s belief in a centralized monetary system which for long has been presumed to be risk-free. The blockchain industry since then has grown both in value and in size, as there are presently over 1500 distinct coins and tokens with the industry worth hundreds of billions of dollars.
Be as it may, the crypto industry is not one that is completely not controversial or has no problems. The banking industry for one has been among the harshest critics of cryptocurrency citing that these digital assets are made from thin air and pose great risks to investors. Bitcoin has been labeled a great fraud many times, but it is the internal issues that most of all pose the greatest threat to the crypto industry. Huge blockchain outfits such as Bitcoin and Ethereum till date are not scalable, which means that their networks are very susceptible to bottlenecks and high transaction fees. The crypto industry is one that is also synonymous to exceptional rates of volatility some of which is artificially caused with many pump-and-dump scams reported around the industry.
The LAPO Solution
LAPO is an entirely unique cryptocurrency that is created by its dedicated team to be the perfect cryptocurrency that will not only solve the pressing problems that the crypto industry currently faces, but it hopes to be the crypto asset of choice that will reflect coming realities for the industry. LAPO is an entirely new blockchain effort built from the bottom up, with solutions for the intractable problems currently associated with the blockchain industry in mind. LAPO seeks to be the all-convenience, hassle-free, cost-efficient, and easy to integrate digital currency people and businesses can adopt.
A Platform In Progress
What the LAPO creators hope will make their brainchild a unique offering on the crypto industry is not just about addressing scalability issues that plague Bitcoin as well as other crypto assets. LAPO when fully deployed will be the first non-artificially volatile cryptocurrency with an active monetary system which will be enforced by an independent cutting-edge AI. Unlike all other crypto assets, the LAPO cryptocurrency is one that will be built to be resistant to any pump and dump scheme with its monetary policy automatically adjusted by the AI to deal with such threats whenever they emerge.
LAPO will keep with the spirit of decentralization of the crypto industry while ensuring that all those that participate in maintaining the integrity of its blockchain are given fair treatment. This is why the LAPO currency is created with an ASIC-resistant algorithm that will ensure no inadvertent centralization of the asset takes place like in the case of Bitcoin. LAPO will also have Smart Contract capabilities and will have merchant integration modules making it the perfect exchange means for businesses down the line.