As of this writing, there are nearly 1600 cryptocurrencies in the market, according to CoinMarketCap. With that in mind, how do you choose the right altcoin to invest in? Some digital wallets enable their users to store multiple digital currencies, which they can convert into Bitcoin and sell for fiat currency. However, there are different […]
Before you buy bitcoin, it is important to understand the market. As of this writing, the crypto market has witnessed a green line in the past week, as bitcoin price surpassed the 8000-dollar mark after a downward trend in the first quarter of 2018. Analysts believe that the surge followed the massive buy volume, as […]
ERC stands for Ethereum Request for Comments. This is a protocol for proposing improvements to the Ethereum network. This standart defines the rules that need to be met for a token to be accepted. These rules apply to all ERC-20 Coins and are required so they can interact with each other on the Ethereum network.
DAICO is an improved capital raising version of the Initial Coin Offering. It incorporates aspects of Decentralized Autonomous Organizations (DAO). They are managed transparently, their finances can be audited by the public, with impossible corruption and zero downtime. DAOs enable a wide range of possible business models.
The evaluation of an ICO includes many factors. Knowing the hard cap and the soft cap of an ICO is some of this statistical information that every investor should know. However there is a significant difference between capped and uncapped ICOs.
Some people see the words Initial Coin Offering (ICO) and Pre-ICO and think that they are the same event. But they aren’t and it is easy to distinguish between the two. Pre-ICO is the token sale before the main crowdfunding campaign that is the ICO. Why do companies issue a pre-sale before the main sale?
Are there ways to earn tokens for free or for completing tasks or certain objectives? There is and it’s called an airdrop. It is a great way to distribute a certain amount of coins to the user base. Why do companies do this and how do airdrops happen? Read about airdrops in this comprehensive guide.