The Rise of Cryptocurrency
Over the last few years, investors have seen phenomenal gains and in many cases, there are fortunes that have been made. It is a kind of peer-to-peer digital money through Blockchain technology. Its first appearance is in 2009 and there are hundreds of new cryptocurrencies have been created.
The first Cryptocurrency that captures the public was Bitcoin, which was launched by an individual under the pseudonym Satoshi Nakamoto. As of the year 2015, there were over millions of bitcoins in circulation with a total market of $3.4 billion. Bitcoins continue to emerge and have helped investors.
There are hundreds of crypto projects with the same massive gains. The story is true about Ethereum. In 2014, the prices per Ether were as low as $0.40 but now, it’s worth is $350. And a small investment would’ve made you a millionaire. There are more than companies building on the blockchain technology owned and pioneered by Bitcoin.
News has been spreading a month ago about the linked hackers of North Korea. Bitcoin is by far the largest such currency but the new mining program is not aimed at Bitcoin.
Top 5 Cryptocurrency ICOs for June and July
Many cryptocurrency ICOs are emerging these days. Listed here are some of the top ICOs and they introduce some interesting concepts and facts. Civic provides low-cost access to identity verification by the blockchain. Their product is available worldwide. The Civic will begin on June 21.
1. Civic. This project is working on a mobile application before this ICO begins and that is what makes it more professional as compared to other ICOs.
2. Dent. An ICO is by far one of the unique projects that we have seen so far. They aim to establish a global exchange for mobile data. The data transferring will be automated and will allow anyone to purchase. Exchanging mobile data packages will occur thru their Dent tokens. This will begin on July 12.
3. Everex. It focuses on a global and inclusive economy. Everex users will be able to transfer currency across borders in just a second. According to the news, the ICO will happen either in July or August.
4. Tezos. This project aims to develop a future smart contract system. This is a separate blockchain which makes it stand out a bit from other cryptocurrencies ICOs. The Tezos ICO starts on July 1 and will generate lots of interest.
5. Primalbase. This revolves around transforming office rentals into community-based ecosystems. Users can even share and sell or rent an office space with the use of Ethereum and tokens. The Primal-based ICO will start on June 26 and only 1,000 tokens will be issued by them. Its normal price by token will be 5 Bitcoins.
Overall, Cryptocurrency has made man’s life different. Continuous innovations lead us to the development and growth of every country. And this so-called, “cryptocurrency” will give every businessman a digital way of paying debts and other purposes. Digital money is no being patronized by people and it will always be patronized as years goes by.
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