What is Matchpool (GUP)?
Future of GUP Cryptocurrency and know how to buy GUP

#1 – What is MATCHPOOL?

MATCHPOOL: The Basics

  1. When we think of “Matchmaking platforms”, dating apps like Tinder are probably the first on our minds. When we combine matchmaking with the blockchain though, we get Matchpool.
  2. But Matchpool is much more than a dating platform. It promises several use cases relating to a meeting between two people or entities, including matching employers with potential employees, getting blogs more exposure on the market and much more in addition to dating. This also includes helping people find products or services they require, making Matchpool one of the most versatile platforms out there.
  3. “Guppy (GUP)” is Matchpool’s native ERV20 token, used primarily as fees for the various ‘pools’ on the platform, which people pay while searching for whatever they need o the platform.

MATCHPOOL Development

The Matchpool Teamsource: Matchpool website

  1. The Matchpool website lists about 13 members on the team behind Matchpool, with details about each of them, including their full names and links to their LinkedIn pages.
  2. The CEO and co-founder Yonatan Ben Shimon has several years of experience as a hedge fund manager outside the crypto world, and also more than 3 years of experience in the Blockchain industry. Max Richardson, the other co-founder of Matchpool, has more than a decade of experience in digital and creative design, and is the founder of a creative agency Bloc Digital.
  3. The CTO and system architect, Or Demri is a blockchain and smart contracts developer with more than 3 years of experience in the blockchain industry.
  4. Matchpool also has around five strong advisors, including Coinfund co-founder Jake Brukhman, Tinder’s former Head of European Communications Hermione Way, Ethereum co-founder and CTO Dr. Gavin Wood, Steem CEO and co-founder Ned Scott and Joe Shapira of JDate.

 

#2 – What are the advantages of MATCHPOOL?

MATCHPOOL Technology

  1. Matchpool’s focus is on the themed “pools”, platforms where people will meet each other according to their interests or goals in joining a pool. Each pool will have entry fees as well as regular fees to be paid in order to stay in the pool.
  2. Matchpool has two types of participants, the “joiners”, who could be either simple users or helpers who will help people connect in the pool; and “hosts”, who set up pools and keep them alive as well as set up rewards for helpers and fees for the users.
  3. The GUP tokens are the currency to be used for any transaction on the platform, like fees and rewards. New “joiners” will receive 20 GUP tokens for their initial use, and “hosts” will receive the fees to the pools they set up.

MATCHPOOL Use Cases

Matchpool has several use cases, apart from the obvious “dating” feature, including:

  1. BLOGGING: Bloggers and content creators can create pools on Matchpool about their blogs to increase exposure and drive traffic towards their blogs.
  2. STARTUPS: Startup ventures can create pools on the Matchpool platform to find like-minded people and form an organic community on Slack and Telegram.
  3. EDUCATION: Matchpool can connect professors and students and help create any kind of learning environment. The groups on Matchpool can participate in classes through the platform.
  4. RECRUITMENT: Matchpool can help hiring managers and job-hunters alike in their respective goals by connecting people with their potential employers.
  5. Other use cases of Matchpool include connecting people with health conditions to medical professionals, helping charities to engage with their supporters, providing artists a platform to showcase and sell their work, and much more.

 

#3 – How to buy and store MATCHPOOL coins (GUP)?

How to buy GUP

You can buy Matchpool tokens (GUP) on close to 10 exchanges with a variety of cryptocurrencies, though most accept Bitcoin or Ethereum. Tether, WAVES, DOGE, etc. can also be used to buy GUP. The exchanges trading in GUP tokens include Liqui, Upbit, Bittrex, Yobit, etc.

Fiat currencies are also accepted in certain exchanges: Yobit accepts US dollars in exchange for Matchpool tokens, and on Upbit, you can use South Korean Won to buy GUP.

  1. The exchanges mentioned above are only platforms on which you can trade GUP,prices of the tokens differ marginally on each. CoinSwitch helps you choose which platform to buy from by displaying prices of the token on all the exchanges it’s sold in, all at one place. One of the largest cryptocurrency exchanges around, it supports more than 140 coins and 45,000 pairs of cryptocurrencies. You can choose any pair you want with the GUP token, and CoinSwitch will facilitate the comparison at different exchanges.
  2. What’s more - with CoinSwitch, you need not create or rely on wallets on the exchange you’re buying from. Instead, all transactions can happen to and from your very own private wallets.

GUP Storage

  1. Being on the Ethereum platform makes GUP compatible with all the Ethereum wallets, and there are many of them.
  2. Hardware wallets are the most secure, and Ledger Nano S as well as Trezor work for tokens on the Ethereum blockchain.
  3. Exodus and Mist are desktop wallets for Ethereum and tokens on its blockchain, compatible with Windows, Linux and Mac.
  4. Jaxx, another Ethereum wallet, functions as a desktop wallet for Windows, Linux and Mac PCs, a mobile wallet for Android and iOS phones, as well as a web wallet through Chrome and Firefox extensions.
  5. MyEtherWallet is its most popular Web wallet, and ETHAdress is one of the paper wallets.

 

#4 – What is the future of MATCHPOOL?

Also Read: Complete Analysis of Matchpool | Live Matchpool (GUP) Price Charts And Predictions

Market Cap and Global Acceptance

  1. Matchpool conducted an ICO for its token (GUP) in April 2017, distributing 60 million tokens and collecting 100,000 Ethers in the process.
  2. The total supply of the GUP tokens is 100 million, distributed as follows:
  3. 60 % was released in the Crowdsale in April 2017
  4. 20 % was issued to the team and advisors, which were to be non-transferable for 1 year after the crowdsale.
  5. 18 % were reserved as incentives for users, and
  6. The remaining 2% were distributed as bounties immediately after the crowdsale.
  7. The current circulating supply of Matchpool tokens is 75 million GUP out of its total supply of 100 million GUP, as of July 2018. It has a market cap of about $ 8.85 million USD, with an individual price of around $ 0.118.

Price History

Date

Open

High

Low

Close

Volume

Market Cap

Jul 01, 2018

0.116093

0.116727

0.113548

0.114998

4,30,153

87,06,980

Jun 01, 2018

0.216727

0.224316

0.215158

0.221871

9,83,134

1,62,54,500

May 01, 2018

0.430417

0.452175

0.402584

0.441996

47,72,960

3,22,81,300

Apr 01, 2018

0.156284

0.157816

0.146075

0.151771

21,06,100

1,17,21,300

Mar 01, 2018

0.32464

0.505684

0.307122

0.390306

2,28,18,300

2,43,48,000

Feb 01, 2018

0.488912

0.499313

0.350001

0.373807

41,28,150

3,66,68,400

Jan 01, 2018

0.874346

1.33

0.850748

1.2

2,42,87,900

6,55,75,900

Dec 01, 2017

0.17209

0.26945

0.163022

0.234856

26,44,490

1,29,06,700

Nov 01, 2017

0.142403

0.162494

0.135215

0.144508

5,59,173

1,06,80,300

Oct 01, 2017

0.19511

0.197369

0.184811

0.187239

1,77,355

1,46,33,300

Sep 01, 2017

0.282059

0.29412

0.277112

0.292975

3,51,302

2,11,54,400

Aug 01, 2017

0.109335

0.120574

0.102901

0.116799

1,68,036

82,00,160

Jul 01, 2017

0.253059

0.256765

0.236417

0.237905

2,19,905

1,89,79,400

Jun 01, 2017

0.237336

0.274954

0.227812

0.268766

2,44,771

1,78,00,200

May 01, 2017

0.161999

0.225233

0.143828

0.174363

8,04,042

97,19,940

Apr 11, 2017

0.240438

0.241614

0.240438

0.241002

610

Trends so far

  1. Being a relatively new cryptocurrency, the trends of Matchpool tokens (GUP) are hard to predict. At the time of its launch in April 2017, the price of an individual GUP token was 0.24 USD, which promptly reduced to its minimum of 0.07 USD in the same month. Its maximum was about $ 1.54 in January 2018, which has since fallen to its current price of $ 0.118 per GUP, as of July 2018.
  2. Seeing its very low individual price and moderate circulating supply of 75 million GUP, Matchpool is unsurprisingly ranked quite low in terms of market cap worldwide. Barely in the first 500, it ranks 457 globally among cryptocurrencies as of July 2018.
  3. The low market cap and ranking of Matchpool can be attributed mainly to the fact that it’s still new in the crypto market, just about a year old. It has plenty of avenues to be explored, still, and great potential to grow. A matchmaking platform with a variety of Use Cases is certainly an interesting, if not promising idea to look forward to.

 

#5 – What makes MATCHPOOL different from other cryptocurrencies?

  1. Matchpool is the only Matchmaking platform on the blockchain as of now, making it the only decentralized dating platform around.
  2. That said, it is also set apart from other matchmaking platforms like Tinder or shaadi[DOT]com because of its sheer versatility in application. It promises to be much more than just a platform where people can meet to date. Instead, it serves as an all-in-one platform where people can be connected with potential employers, online classes, traffic for their website and other like-minded communities, without negating the “dating” feature.
  3. What’s more – Matchpool also aims to get people in touch with a service they need or any product they might wish for!

 

#6 – Should you invest in GUP?

  1. GUP is Matchpool’s native currency, and it’s not been doing very well when it comes to market cap. There are newer cryptocurrencies ranked higher than Matchpool in the market.
  2. However, it can’t be denied that Matchpool and its varied uses show great promise. Its versatility and ability to connect like-minded people in a decentralized manner, without saving people’s private information on a server somewhere, is definitely something worth exploring further. It, like anything else, has room for development and investing in its native tokens, GUP, will help in that development.
  3. An added benefit, of course, is the fact that GUP is priced quite low currently, with a single GUP costing only about 0.1 USD. So buying the currency will not put much of a dent in your pockets, and since the price is so low, there’s nowhere to go but up for the currency!
Related Searches



Buy GUP using credit cards at the best rates
Buy Now
Buy GUP using credit cards at the best rates