BTT virtual currency
The exchange and the project party jointly issued currency for the first time. The exchange participates in the selection and incubation of project tokens and makes endorsement with its own credit. If the exchange is down-to-earth, it will not go too far. Under this premise, IEO's project selection and operation are many times better than the previous ICO
in the first quarter, several Asian exchanges announced IEO, and I am optimistic about JYS in Malaysia. The main reasons are as follows:
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with the background of traditional, high-tech and new financial instries, the team strength is OK, and the team has mature experience and quick reaction ability in project selection and operation
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the object of IEO is the entity high-tech enterprises that need financing for development. The project party takes entity and patent right as endorsement, and the financing income is used for patent landing. The realization of procts and the growth of currency value are supported by real profits, which are completely different from the concept of air currency
it is said that the first IEO project will be launched in May. As it announced, the entity is a high-tech patent enterprise. When it comes to blockchain space, it's a real project that makes people feel at ease
BitTorrent was originally a point-to-point distributed communication protocol born in 2001, with more than 100 million users. Last year, the Tron foundation officially issued a community open letter, announcing the acquisition of BitTorrent company, which marks the strategic partnership between BitTorrent agreement and Tron wave blockchain agreement
in 2001, Bram Cohen invented the BitTorrent agreement. On September 22, 2004, BitTorrent company was established. On July 24, 2018, Tron foundation completed the acquisition of BitTorrent company. On January 20, 2019, BitTorrent token (BTT) was issued on Tron. On January 28, 2019, BTT was put on sale in binance launchpad
Bram Cohen, also translated as Bram Cohen, is known as the father of BT and a computer programmer in the United States. His software BitTorrent makes him famous. He is also one of the founders of codecon, the organizer of bay area P2P hackers conference and the writer of codeville. What's more famous is that he personally developed and designed the famous game platform steam. In history, BitTorrent once appeared as a rule breaker, which has a profound impact on the Internet. At the peak of 2006, BT traffic even accounted for 70% of the total network traffic, and almost all the download software we use now is improved on the basis of BT. However, e to the business model and other reasons, BitTorrent failed to become a profitable company. On the 30th day after BitTorrent was acquired by BoChang, the founder Bram Cohen announced his resignation. At present, the actual controller of BitTorrent is sun Yuchen
I think the main reason for the price increase of hundreds of counterfeit currencies is that virtual currencies are very hot now. Take bitcoin and Ethereum for example, they have all risen several times or even dozens of times and many people who don't make money in bitcoin or Ethereum will focus on some counterfeit currencies, because the price of these counterfeit currencies is very low and may rise to such a high price as Ethereum in the future. They are all predicting investment. When there is a lot of money to buy Shanzhai coin, of course, the price of Shanzhai coin will be speculation
virtual currency is the bubble
. I think the hot money of virtual currency is a bubble. Until a certain time, when the bubble breaks, many people will lose their blood. Because most people are ordinary people, they don't have too much capital, and these retail investors have little control over the market. And this kind of counterfeit currency is controlled by big capital, they can decide the rise and fall of counterfeit currency, and virtual currency has no market supervision, so investment is very dangerous
conclusion: in fact, every once in a while, this kind of virtual currency will go through a period of sharp rise, and then go into a low period of sharp fall, reaping some people's investment. In fact, these are all capitalist games, and those who lose money in the virtual money market are ordinary people, and those who earn money are capital. So many people call these ordinary investors leeks