BlogKala

Announcing: KALA

By November 14, 2017 No Comments

Symatri is committed to bringing products that put people on a path to financial security so they can reach their fullest potential.

CORE harnesses the power of word of mouth marketing for a mutually beneficial relationship between consumer and business. Members can earn points by completing simple activities like taking surveys, testing products, downloading apps, and more.

REACH is where Members can reap the rewards of their work through CORE. At REACH, they can spend their points on a vast array of products and services, from highly discounted goods like those found at overstock sites, to gift cards, and more.

CORE and REACH are the foundation of the system, and are already being used, tested, and improved. We are now excited to announce the final component to our synergistic system.

INTRODUCING: KALA

Symatri is launching a new cryptocurrency token that will integrate seamlessly with CORE and REACH—and will allow even more people to jump into the emerging world of cryptocurrency

Why Cryptocurrency?
Cryptocurrency is a digital form of money that can be used to pay for goods and services, and can be earned, traded, or purchased, like traditional forms of currency. But it has some benefits over traditional money.

  • Virtual and Decentralized: Cryptocurrencies are virtually held and created, meaning they are completely digital. This means they are not issued, minted, or regulated by any government and are controlled by supply and demand.
  • Protection Against Fraud: Cryptocurrencies are digital and cannot be counterfeited or reversed arbitrarily by the sender, as with credit card charge-backs.
  • Identity Theft Protection: When you give your credit card to a merchant, you give them access to your full credit line, even if the transaction is for a small amount. Cryptocurrency uses a “push” mechanism that allows the cryptocurrency holder to send exactly what they want to the merchant or recipient with no further information.
  • Counterfeit Resistant: It is too demanding and inefficient to counterfeit this type of currency, making it counterfeit resistant, unlike fiat currency.
  • International Trade and Access: Cryptocurrencies are currently available to anyone who has access to the internet. Many people around the world suffer under the instability of the currencies available in their country and have limited access to banking systems. With cryptocurrencies, they can purchase with or trade their currency with little to no fees and inhibitive regulations.

Kala: the most accessible cryptocurrency ever made

To own cryptocurrency, people either have to buy it or mine it. Symatri is providing our members and the public with a simple way to do both with Kala.

1. Buying Kala – Symatri will issue Kala through an Initial Token Offering (ITO), which will allow our Members and the interested public to purchase Kala at the lowest price. They will then be ready to use Kala as soon as it’s fully integrated into the Symatri Ecosystem.

Visit www.kalatoken.io for full details on the ITO and to sign up for early access and notifications. Pre-sales begin Nov. 27, 2017. Public sale opens Dec. 1, 2017.

2. “Mining” Kala – Kala makes cryptocurrency accessible to anyone with internet access with our unique way of “mining” through Proof of Effort, rather than Proof of Work, like Bitcoin, or Proof of Stake, like Ethereum is considering.

The process is simple—complete activities through our CORE platform and earn points, then transfer those into Kala. No roomful of servers, no expensive buy-in to mining pools. It doesn’t take special knowledge or equipment; anyone with a computer or smartphone can participate.

We invite you to join the next big wave in cryptocurrency

Visit www.kalatoken.io to participate