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What is Picnic?
Picnic is a decentralized investment platform based on blockchain, allowing users to invest in digital assets in a simple and secure way, without intermediaries, providing greater control and autonomy over their investments.
How and for what purpose do I use Picnic?
Picnic is used to invest in digital assets. Through the platform, users can deposit money, choose different digital assets or asset baskets to invest in, and track the history of their transactions.
The main advantage of using Picnic is the ability to invest in digital assets without the need for intermediaries, such as banks or brokers. This not only reduces the fees associated with investments but also gives users greater control over their funds, as all transactions are carried out directly on the blockchain.
How does Picnic work?
Picnic operates on blockchain technology, enabling decentralized transactions. When a user registers on Picnic, a blockchain wallet is created for them using their email. This wallet allows storing, sending, and receiving digital assets.
Users can deposit money on the platform through ramps, which are services that convert fiat currencies (like the Real) into cryptocurrencies and vice versa. Once the money is deposited, users can choose different assets or asset baskets to invest in.
Baskets are pre-assembled kits of cryptocurrency assets, curated by renowned creators. When a user invests in a basket, Picnic's smart contracts distribute the money according to the basket's allocations and carry out all the necessary transactions to convert the money into the assets of the basket. Users have total control over their investments and can invest more, withdraw funds, or change their investments at any time.
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