What Is Aergo?

About Aergo (AERGO)

Aergo is constructed as a blockchain with an open source. It’s been made for developers, businesses and IT suppliers. 

AERGO is the utility token designed to govern the Aergo and is utilized to become an intermediary of exchange inside of it. Let’s see the list of the AERGO functions: to manage the smart contract, to pay for Aergo services and assets. It’s as well claimed to be transferable in the ecosystem.  

Where did Aergo (AERGO) come from?

Aergo appeared in November 2018. As stated, it was produced and utilized by Blocko. Blocko is a blockchain venture supported by Samsung and has unfolded the production of blockchain solutions for big companies such as Lotte Card, Hyundai Motors, Shinhan Bank etc. South Korea, to tell the truth, is a very technology-savvy country, especially when it comes to crypto and blockchain. 

Aergo highlights various goals that are planned to be achieved. The team wants to deliver:

1. The advanced and simple tech for devs and contractors.
2. A secure and quick public and private blockchain cloud architecture for business.
3. An available ecosystem for 3rd parties and businesses. 

What are the advantages of Aergo (AERGO)?

1. Convenient for devs. Aergo is stated to be supportive, especially for developers. They have an opportunity to code smart contracts and use blockchain-friendly tech that is well-suitable to their needs.  
2. Open and secured. Aergo is an open source platform using both public and private blockchain cloud architecture. 
3. Scalable. Aergo is able to scale with secured and decentralized blockchain tech, being a trustworthy replacement for non-fungible tokens, decentralized finance, gaming and other assets. 

What are the disadvantages of Aergo (AERGO)?

1. High competition. Big tech brands are developing blockchain products for enterprise realization. For example, SAP’s Cloud Platform Blockchain Services can become a serious potential competitor for Aergo. 
2. Token price. According to Coinmarketcap information, right now the cost of the Aergo token is quite low.  

How to buy Aergo (AERGO)?

Think of buying AERGO tokens? Make sure to visit the SimpleSwap homepage. Follow our instructions to purchase AERGO:

1. Let's say you would like to exchange BTC for AERGO. Choose the currency you want to exchange (BTC) in the first drop-down list. Enter the amount you would like to swap.
2. Select AERGO in the second drop-down list. You will see the estimated amount that you will receive after the exchange.
3. Click the Exchange button.
4. Enter the Recipient's Address. AERGO will be sent to this address. Be careful and make sure you use the correct address.
5. Create the exchange.
6. You will see the Bitcoin deposit address. You need to transfer the necessary amount of BTC to this address to start the exchange.

SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.