SpyritCoin: What Is It? What Does It Do? How Does It Work?:

SpyritCoin is a deflationary protocol for close-ended funding models. Polygon is a deflationary, transactional, currency that allows investors to gain exposure and benefit from price, volume and other changes in SpyritCoin by buying into it directly or via options.

We are a system that lets users with two accounts buy and hold SpyritCoins. Investors can purchase a large amount of SpyritCoins and have the liquidity to sell small amounts over time to take advantage of upward price trends while benefiting from downward price trends because they are deflationary. 

This is the first project designed to benefit both the deflationary and inflationary investor since bitcoin.

This is a block chain protocol to enable the backing of an altcoin with assets, thus allowing investors to hold it and benefit from increases in price while also benefitting from decreases in price because it's deflationary. This would take care of the one main point that most critics of Bitcoin bring up, it's full-time deflationary nature. 

Without this ability, Bitcoin will forever be in the same position as the dollar -– being controlled and adjusted for inflation by a central body (the Federal Reserve).

We've been hard at work to create a new way of investing. We call this, SpyritCoin and it's unlike anything else. Instead of Cryptoinvestors holding the bags when the price drops, they can hold SpyritCoin which automatically folds their investment value back into itself, which is the core of how deflationary currencies work. 

SpyrtCoins are defferent in that it has two separate prices: one for investing and one for transactions. It works by making BTC look like an API into our MetaDEx platform(more info on this coming soon).

What is SpyritCoin and how does it work? Its peer-to-peer, deflationary cryptocurrency protocol! With plans to have a cap of 1.5 million SpyritCoins and volatility prevention, this crypto offers maximum value while being very flexible in use.

1. Polygon investors make money from the creation of new SpyritCoins, if other investors value that newly created spyritcoin more than others, it increases in price.

Inflation is always a problem with cryptocurrencies because of the way they work.They work like money-they are stores of value.In order for it to be a store of value people must use them as money ultimately leading to in inflation. As people increase their usage the limited supply increases in price causing inflation. 

Unlike most cryptos, spyritcoin changes this formula. Instead of having 100 million coins created at its inception, we create only 20 million and then add 2 million coins every month after that. This allows investment limited by the amount of investors, not a set amount of coins. Although it is deflationary since when a new investor enters all of the coins are worth 2 million less, here's how it works so you don't have to worry about that:

What is SpyritCoin:SpyritCoin (SPY) is a cryptocurrency, like Bitcoin. The first phase of the protocol finished and was released on February 21, 2014 at 10:00 pm UTC. The second half of the protocol will be released on or before April 21st, 2018.

SpyritCoin uses a deflationary model (much like gold and silver) whereas SpyritCoin's value is based on production and the increase in value of each SpyritCoin as opposed to issuing new coins.

The goal of SpyritCoin is to be a universal currency that can be useful in any nation, extremely secure and easy to use. The protocol functions so that all Stakers (users who hold SpyritCoin in their online wallet) will constantly have an incentive to continue staking SpyritCoin, the more you hold the more rewards you will gain for securing the network.

SpyritCoin is a mathematical asset, distributed through the process of block-chain technology to all participants of the market. As time progresses, SpyritCoin manifests itself through real-world implementation and usage as a means of exchange and store of value, which entitle its holders to interest.

Spyrit is an asset-backed currency that software developers and investors can earn through work. It is decentralized, open source and has a unique deflationary monetary policy. The platform uses smart contracts that facilitate the creation of self-executing contracts by any party involved in a project.

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Creator Article

Bitcointalk Username: Alessandro Martinez

Profile Link : https://bitcointalk.org/index.php?action=profile;u=3397979

Telegram Username: @martinezsandron

Pollygon Wallet Address: 0x48dF0cE08730124089800Dc11628602140918CE3