Ethereum token product financing
Ethereum is an open source public blockchain platform with smart contract function. It provides decentralized virtual machine (Ethereum virtual machine) to process point-to-point contract through its special cryptocurrency ether (also known as "Ethereum")
The token on theblockchain is called ether, and the code is eth. It can be traded in many foreign exchange markets of cryptocurrency, and it is also the medium used to pay transaction fees and computing services on Ethereum
the concept of Ethereum was first proposed by vitalik buterin, a programmer, from 2013 to 2014, inspired by bitcoin, with the general meaning of "next generation cryptocurrency and decentralized application platform", and began to develop through ICO crowdfunding in 2014. As of February 2018, Ethernet is the second highest cryptocurrency in market value, second only to bitcoin
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Ethereum platform has no characteristics and value. Like programming languages, it's up to entrepreneurs and developers to decide what to use. However, it is clear that some application types benefit more from the functions of Ethereum than others. Ethereum is especially suitable for those applications that automatically interact directly between points or promote group coordination activities across networks
for example, coordinate the application of point-to-point market, or the automation of complex financial contracts. Bitcoin enables indivials to exchange money without the help of financial institutions, banks or governments. The impact of Ethereum may be more profound
in theory, any complex financial activities or transactions can be automatically and reliably carried out on Ethereum with coding. In addition to financial applications, any application scenario with high requirements for trust, security and persistence, such as asset registration, voting, management and Internet of things, will be affected by Ethereum platform on a large scale
secondly, the management team. In Simultaneous Interpreting with the traditional instry, the main chain is not online, and has not even begun to research and build Token. Whether a blockchain project is successful or not, and what height it can reach, the start-up team is crucial. A good team must include the following types of talents: instry talents, technical talents and operation talents. It can be said that for a good project, these three types of talents are indispensable. The stronger the team strength is, the more comprehensive the configuration is, the higher the token value is
Third, look at the design of token. The value of token is directly related to the total amount of token. The less the total amount, the higher the value. In addition, the value of token is also related to the way of distribution. How to match the token of project side, operation side and fund side? How to design airdrop and incentive? Inflation or deflation? Do you need mining? The time of lock in will also directly affect the value of token. Good blockchain projects will distribute most of the tokens to users. Ecoball's token "ABA" is to award most of the tokens to users who have contributed to the community. When a project party holds a large number of tokens, it is necessary to prevent it from cutting leeks
four aspects of community construction. A key word for the development of blockchain technology is "consensus". The higher the degree of consensus, the better the community construction, and the higher the value of token
five factors are capital strength. Funds are the guarantee for the success of blockchain projects. Whether crowdfunding funds are in place and used as planned, whether there are other financing channels, and whether R & D funds are sufficient are also important factors affecting the value of token
it is revealed that the token "ABA" of ecoball project is currently carrying out the activity of white list. I don't do any promotion here. If you are interested, you can contact the project owner to find out by yourself.
