Have you heard of this word Cryptocurrency or money and it has been? Atencoin is a type of digital currency that is been developed by National Atencoin (NAC) Foundation. Although the date of launching is not yet revealed, the coin is to be introduced in the marketplace Atencoin and this 2014 is on its phase of development. Atencoin is also called the Black Gold Coin hence referred to as the Atencoin BGC by its developers, stakeholders and members. Its name is derived by atencoin from a Metal called Aten. This metal is quite rare and its cost is 1000 times greater compared to Gold. It is also called black gold. With NAC Foundation, Atencoin will become medium of exchange in petroleum and gas industries. Unlike digital currencies, the Atencoin is backed up by the ability of gas and oil. The NAC also aims at keeping up a stream of providers who will accept Atencoin for the exchange of items which are used in real life like meat, butter, and internet and clothes games.
NAC Foundation aims to provide Choices to companies or individuals who would like to utilize monies in their transactions over the world all with gas, oil and electricity sectors. The Atencoin or BGC is a kind of currency that may be stored using wallets. Among the things about crypto monies and Atencoin is that they are not associated with any authority. The decentralization helps so that consumers can exercise their freedom to choose what to do at hand with their currencies these monies to keep a market.
It is a fact that oil and any type of oil and gasoline are important in our market. Families and Firms depend on oil and gasoline to have the ability to run it economically. The bitcoin price commodities’ purchase price is determined by the purchase price of oils and gas contribution and its significance to the world is essential. NAC Foundation have recognize this need that is why Atencoin was designed to give simpler and better choices for sellers and buyers to petroleum and exchange gas and in businesses.
Features of the money because the minting is a key to achievement include the reward. The minting is reduced if for minting the money, the reward decreases. It is not the case in regards to Atencoin since the rate will be increased by 5 percent annually to keep the pace. By applying this money to overcome inflation is an aim of NAC. Like Bitcoin, Atencoin will alter the means of money handling online. Marketing of Atencoin and open minting will bring a revolution in the sphere of currencies.