China Shanzhai digital currency blockchain

Digital money is legal

digital currency itself is legal in China. Digital currency is defined as Internet goods in China, but the relevant supervision is still blank, and digital currency is still in the gray area in China. Well known digital currencies include bitcoin, Leyte coin, Ruitai coin, thousand gold card, dog coin, etc

however, there are also some non developers who use the cover of digital currency to carry out pyramid schemes, such as the Vicat scheme, treasure scheme, Porter scheme and so on

development materials:

digital currency is different from the virtual currency in the virtual world, because it can be used for real goods and services transactions, not limited to online games. The early digital currency (digital gold currency) is a form of electronic currency named after the weight of gold. Today's digital currency, such as bitcoin, lightcoin and ppcoin, is an electronic currency created, issued and circulated by check sum cryptography. It is characterized by the use of P2P peer-to-peer network technology to issue, manage and circulate currency. In theory, it avoids bureaucratic examination and approval, so that everyone has the right to issue currency

Here you need to understand the correct digital currency issuance process, which is roughly divided into eight steps:

the first step is to build a digital token system

this is very simple. The code of bitcoin is public, and it is a kind of counterfeit currency after simple change; Ethereum's technology is open source. You can find a program to issue a coin on Ethereum's public chain. Now most of the counterfeit coins are on the public chain of Ethereum, and the distribution of tokens is also directly in Ethereum's wallet, which is very convenient

Step 2: find someone to endorse

if the project can be implemented, you may find a real influential tycoon, and by the way, you can take an angel wheel to do marketing. If the project is air money, it may be a grassroots tycoon. In any case, now that the coin circle is just emerging, many "tycoons" are actually grassroots. If you can't, you can send candy directly by virus marketing

Step 3: prepare a white paper

this has to be written on the top. For high-quality coin, vision, code, planning, team and so on need to be well written, which takes a lot of time. But for air coin, it's OK to find a professional agent directly, and it can be written in one day

find all kinds of coin circle media to advertise, or get a virus activity to invite candy delivery, and brush the popularity

with a certain popularity, he began to love Western Europe directly. Good projects are very simple, and they are often looted in a small scale. It doesn't matter if the air currency can't attract people. It's easy to find the agent investment channel to help you package the project

Step 6: contact the exchange

generally, they try their best to go to a well-known exchange. If there is no angel round, you can only take the money from aisio. It's not good. It's OK to go to an easy exchange

Step 7: public offering

once on the stock exchange, you will have enough confidence to speak. At this time, we can continue another wave of public offering. Anyway, what we give out are tokens, which can also attract more attention from the market

Step 8: go online

once the funds are sufficient and the quality of the project is good, there will be more mainstream exchanges. Once the mainstream exchange is finished, this is a reliable project

if it is normal, through the above eight steps is the use of blockchain technology of digital currency

but more often is the digital currency issued by indivials, belongs to MLM currency, more common in online private placement, such as the task Gang blocked before