Solana Cash — First Decentralized Cross-chain P2P Payment System Powered by Solana

Published on: 30.11.2021

Solana is one of the fastest programmable blockchains in the cryptocurrency space following the increasing development and adoption. Solana’s speed and low transaction fee have captivated various developers of the blockchain. An all-inclusive dApps and smart contract projects are now expanding on the Solana project. Making it one of the most deep-rooted blockchains and cryptocurrencies in the world.

With regards to this, we, on Smartliquidity Team, will tackle to you the platform, Solana Cash, and how this project can connect the world through one global payment system.

Introduction

Solana Cash is a decentralized cross-chain global payment system that aims to accelerate the adoption of the Solana network around the world by adding more transaction capacity to the network.

With Solana being one of the fastest blockchains, Solana Cash’s mission is to make the technology widely accessible to the masses through their core products by developing user-friendly mobile apps to facilitate peer to peer payment systems enabling users to send and receive funds securely with less than $0.001 in transaction fees.

Solana cash focuses on cross-chain technology to bridge the gap between the global financial system through cryptocurrency by enabling multi-connectivity between Solana cash and various blockchains, thereby increasing interoperability all on one single platform. Solana cash will bridge with Binance Smart Chain,Ethereum,Polygon Matic,Polkadot,Cardano, and Avalanche.

With the Implementation of Solcard, Solana cash aims to be a fully decentralized financial institution backed by different financial products to reform Defi in a variety of ways. Solcard will be available to qualified users of its mobile app to facilitate payments.

30% of the total supply is allocated towards our excessive reward system vested daily for the period of 20 Years. These tokens are distributed to users of their mobile app as rewards based on the total number of daily transactions initiated by each user, which backs up their mission statement of adding more transaction capacity to the Solana network.

Core Ecosystems Include:

  • Solana Cash App
  • Solcard
  • Staking
  • Swap/ DEX Features
  • Token Bridge

⭐️ SOLANA CASH APP 

No description available.

Making Crypto Payments as Flexible as Possible

⚡️ Fast Transactions:

  • Solana Cash is built on the fastest blockchain in the world. Solana Blockchain can process about 50,000 transactions per second with block intervals of 400 milliseconds.

⚡️ User Friendly & Improved UI

  • Solana cash app is built with improved UI & UX design to increase user experience.

⚡️ Safe and Secured

  • Send and receive funds safely with maximum security. Stake and earn securely using the Solana cash mobile app.

⚡️ Low Transaction Cost

  • Enjoy low cost forever by transacting in the Solana cash mobile app. Due to Solana’s scalability users should expect transactions to cost as low as $0.01

⚡️ Excessive Reward System

  • Earn free rewards based on the number of daily transactions on the app. 30% of our total supply is allocated towards the Solana cash reward system to encourage users to add more transaction capacity to the Solana network. Users will be able to track rewards within the app.

⭐️ SOLCARD

No description available.

⚡️ To complement the Solana cash app mobile app, Solcard (Visa) will be introduced to make spending and purchasing easier, anytime and anywhere using Solana cash.

⭐️ BRIDGE

According to Coinmarketcap.com, “Blockchain bridge is a connection that allows the transfer of tokens and/or arbitrary data from one chain to another, with both chains having different protocols, rules, and governance models. Bridging provides a compatible way to interoperate securely on both sides.”

Solana cash token bridge with multiple blockchains will allow its users to move tokens between networks in a quick and cost-efficient way, thereby increasing interoperability.

Why Solana?

Solana ensures composability between ecosystems by maintaining a single global state as the network scales. Enjoy Low transaction cost forever as Solana’s scalability ensures transaction remains less than $0.01. Solana is all about speed, with 400 milliseconds block time, as hardware gets faster so does the network.

Tokenomics:

➞ Total supply: 50,000,000
➞ Seed price : $0.07
➞ Private sale: $0.085
➞ IDO: $0.10
➞ Launch Price: $0.12

Road Map

Q3 2021

  • Business Concept Formation
  • Core Team Formation
  • Strategic Planning
  • Research and Analysis

Q4 2021

  • Website and social media creation
  • Solanacash token creation and development
  • Pitch deck & Litepaper
  • Seed round
  • Private Sale
  • Launchpad IDO
  • Token Contract Audit Report by Certik
  • Launch on Raydium
  • CEX Listings

Q1 2022

  • Solana Cash Staking functions release
  • BSC Bridge on Solanacash
  • Excessive Marketing
  • Partnerships
  • CEX Listings
  • Coin Market Cap & Coingecko Listing

Q2 2022

  • Ethereum Bridge on Solanacash
  • Team Expansion
  • SolanaCash App Development
  • Product Testing/ Market Analysis
  • More Partnerships

Q3 2022

  • Polygon Bridge on SolanaCash
  • CEX Listings
  • Solanacash Mobile app official Launch
  • Swap Feature Development
  • SolCard (Visa) execution

SolanaCash is built and deployed on Solana. You will need a Solana compatible wallet to store your tokens.

As of this writing, SolanaCash recently listed with Raydium and Phantom Wallet with Logo.

You can check them out on 👉  Solscan. 

⏬  RESOURCES

Website ♦ Twitter ♦ Telegram GitHub

FRIENDLY REMINDER

“We deliver the news article based on our thorough research. We want to preserve some important information regarding the project that is presented in our column. We value our reader’s opinions and we thank you for your valued respect for us. We also don’t advise our readers to invest. As we always say ” Invest at your own risk and only invest what you can afford to lose “.

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