Disclaimer: This article does not constitute any investment advice.Editor: Remember to follow meArticle source: BabbittCoin An appears enthusiastic in the cryptocurrency community after the new year, and the wealth effect it brings has also injected blood into the sluggish market
Disclaimer: This article does not constitute any investment advice.
Editor: Remember to follow me
Article source: Babbitt
Coin An appears enthusiastic in the cryptocurrency community after the new year, and the wealth effect it brings has also injected blood into the sluggish market.
On March 5th, Coin An announced that the Launchpad platform would launch CelerToken (CELR) for sale on March 19th, 2019. As soon as the news was released, the circle exploded.
The platform currency BNB subsequently surged, from $11.48 to $13.35, an increase of 16.3%. Its total market value has reached 12.309 billion US dollars, ranking eighth in the global digital currency circulation market.
LaunchpadCoin An appears enthusiastic in the cryptocurrency community after the new year, and the wealth effect it brings has also injected blood into the sluggish market.
Wherever there are people in this world, there is always the Jianghu. Whenever there is a Jianghu, there must be disputes. If there are disputes, there must be bloodshed. Exchanges have always been the front lines of war. From the platform currency war to the mining mode of trading, from the exchange alliance to the "star making" mode of Coin Security, it has become popular. Every major move by the exchange stirs up the entire market.
Is this the beginning of a new era or a fleeting carnival?
Fire fully on, money safe in a bear marketCreating wealthWill the effect last?
Buy encryptionFire coinSurprisingly, you still want to grab it? The old people in the coin circle must forget this scene, as the new couple may have ten thousand grass mud horses running in their minds.
In January 2019, Coin On announced the restart of the blockchain project fundraising platform LaunchPad launched in 2017, and plans to issue at least one new token per month in 2019. The first coin project was BTT, a BitTorrent project token that was once popular worldwide, led by Sun Yuchen. King'an has strict regulations on BTT crowdfunding, such as KYC certification, quota and prohibition of users from Chinese Mainland, the United States and other regions to participate in crowdfunding.
With its high level of topicality and the push of Coin An, BTT completed crowdfunding in 13 minutes and 25 seconds. Zhao Changpeng said, "First come, first served, that's how the world operates, and there's a bit of luck with BTT for the next two monthsgo up against the general downward trendMore than 200%, breaking the cycle of the bear market where the currency fell below its issuance price. Subsequently, the LaunchPad "IBO" became unstoppable, with the FET taking over rising by over 150% in two months. Not only are the prices beautiful, but both projects have become popular overnight.
Now, the CELR project, which was crowdfunded in late March, has also surfaced. So, the era of LaunchPad IBO (ICO) has arrived, and BNB is challenging ETH. The voices of BNB starting a new bull market are gradually increasing.
LaunchPad has to some extent revitalized the existing funds in the market, but will the market really buy forever? Weibo's Big V blockchain William pointed out bluntly: "This model is not afraid of no one grabbing share, but no one chasing high in the opening market." The FOMO mentality often makes people chase up, but the funds entering the bear market are not the same as in 2017. How can LaunchPad ensure that the gold body does not break?
Perhaps a difficult point to grasp is that the halo within the cryptocurrency community can be artificially crafted.
Exchange crowdfunding, trading is a new gameplay after mining?
In July 2017, Coin An quietly opened and the platform coin BNB was launched. Afterwards, OKEXFire coinExchanges such as ZB have launched their own platform currencies. The gameplay of platform coins is constantly increasing, with financing, reducing transaction fees, attracting new traffic, voting on coins, holding coins on coins, and holding coins for dividends taking turns.
Its core logic is nothing more than activating users through platform currency, while "locking in" platform currency to reduce circulation, and ultimately increasing market demand for platform currency. This is simply an ideal cryptocurrency model. In 2018, platform currency may be the only truly practical cryptocurrency in the blockchain industry.
Nowadays, in addition to providing ICO channels for projects, Coin On has also made BNB the main network currency of Coin On Chain. Zhao Changpeng said, "In the future, LaunchPad and Coin On Chain will prioritize projects that issue coins on Coin On Chain
Incubate projects using Labs, issue coins on the Coin On Chain, then use the LaunchPad platform ICO, and finally complete the secondary market circulation through the Coin On Exchange. Planet Daily likened Coin's "one-stop service model" to a "star factory".
20185FCoinFCoin 15OKEX Fire coin624FT100OKEXFire coin
QKL1232019Fire coinHT0.881.541.75OKB0.570.961.6BNB413.753BNBBNB
Fire coinOKEXICOFire coin2017Fire coinLabsFire coin20186Fire coin(Huobi Chain)OKEXICO
But it can be confirmed that for top exchanges, developing platform currency usage scenarios may be a high-quality solution to further drive up platform currency prices, among which ICO with a crowdfunding hat is naturally the only way.
Statement: This article is the work of the author who has settled on Mars and does not represent the official stance of Mars Finance. Please indicate the source, author, and link of this article for reprinting
Reminder: Investment carries risks and caution is necessary when entering the market. This information is not intended as investment or financial advice.
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
