Since cryptocurrency came into the scene, our attention is usually given to bitcoin, which is pretty understandable. Nevertheless, we should note that there are other digital coins doing well out there, and one of such is Ethereum.

Of course, there are tons of cryptocurrencies out there today. We can’t shy away from the fact that many of them don’t deserve our attention at all. Nevertheless, a digital coin like Ethereum sure deserve our attention – for several reasons. It has a superb background story and keeps gaining value and popularity (it is traded to the tune of billions of dollars per day). Eth is the world’s second largest cryptocurrency by total marketcap as well as the third most traded cryptocurrency behind Bitcoin and Tether.

The currency can actually be used to swiftly, easily and cheaply made several structures, including smart contract that are autonomously run, cryptocurrencies using the ERC-20 protocol and others, DAOs or decentralized autonomous organizations, DApps or decentralized applications and cryptocurrency token sale models such as ICOs, IEOs and STOs.

Therefore, it is a nice thing to get interested in learning about how to make money with Ethereum, and we will be doing that in this article.

Let’s get started.

1. Ethereum Trading & Investing

The currency can be traded and invested for profit from (like several other popular cryptocurrencies out there). Due to its volatility, you can actually trade Eth with substantial profit.

Trading Ethereum is actually the process of designing and executing a strategy where repetitive purchases and sales of the coin have the aim of generating profit. So, tons of people have actually been able to make substantial profit from trading Eth, and you can also join the party.

Anyone can trade Eth anytime of the day, and from whichever part of the world they reside. You just have to buy and sell at a higher price making your profit in the process.

Nevertheless, you should strive to learn the necessary stuffs before diving in. When you are good, you should then sign up to a trading platform where you can swap your fiat money for the digital code.

It is necessary to also add that you have to be on ground to monitor the charts and spot when to make beneficial decisions. Trading cryptocurrency is a big stuff, and it is advisable that you trade with money you can afford to lose.

There are tons of people who have actually made a lot of money by trading Ethereum. Now, let’s talk about Ethereum investing.

Actually, this is similar to trading. But unlike trading, it is usually longer when it comes to length and duration. An investors is usually interested in long term profits.

What are the Best Places to Trade and Invest in Ethereum?

Here are some prominent platforms to trade and invest in Ethereum: – PrimeXBT – Binance

2. Ethereum Mining

Ethereum is first created is via a process called “mining”, just like the popular bitcoin. This is simply  a cryptographic race between tons  of computers. Anyone interested can simply download the code to mine Eth. This can be installed on any computer and such will become a tool used to mine Ethereum.

If you are yet to get the whole idea of this concept, just realise that when you installed the code on a computer, it will take part in a global competition between tons of computers to solve a complicated cryptographic puzzle every 10–20 seconds. So, a computer that successfully solved the puzzle first is rewarded with an amount of Eth.

Mining this coin can be pretty profitable but it requires a reasonable investment, talking about the required computing hardware and electricity cost.

3. Ethereum Referral Programs

Well, if you are not out to buy and sell Ethereum before making money from the coin, you can participate in Ethereum referral programs.

In fact, this is a very safe way to earn the cryptocurrency, without having to think about investing huge funds in the first place. It works in a simple way. Simply register on the necessary platforms, and then go ahead to share your referral links on social media. When someone registered via your link, you get paid. Some referral programs can be pretty lucrative and you can earn really big if you know what you are doing.

Although there are several referral programs out there that can be utilized to earn Eth, you must realise that some are fakes. Therefore, it is advisable that you conduct a thorough investigation before you settle for any program. You should settle for the ones with nice conversion rates and payouts.

If you have tons of followers on social media (or a huge amount of contacts that are interested in crypto), you can go for this.

4. Ethereum Faucets

Like several other other cryptocurrencies out there, there are faucets available that can be utilized to get get free Eth. Well, this actually is the easiest way to get free Ethereum.

Nevertheless, it should be added that you shouldn’t expect yourself to get rich just with this method. The reason for this is that, the size of the reward from using crypto faucets is pretty small.

For those not familiar with this, I should explain that faucets are actually sites where people can go and complete small and simple tasks. When they are done, they are rewarded with cryptocurrency – such as bitcoin, Eth, etc. You are to do tasks like clicking on links, visiting pages, posting comments on social media, etc. Just as stated earlier, payments are quite small.

If you won’t mind the small reward, you can go for it. If you have free time and just want to get crypto now without having to spend money to get it, you can opt for it (this method actually have the lowest barrier to entry for all methods)

In conclusion, you can also do other freelance works (article writing, banner designing, etc) and asked to be paid in Eth. So, as you can see, there are several ways to make money with Eth online. Simply choose anyone you feel is for you

By using this site, you agree to our use of cookies, which we use to analyse our traffic in accordance with our Privacy Policy. We also share information about your use of our site with our analytics partners. May 29, 2020How €350M Worth of Real Estate Was Tokenized on EthereumBehind the scenes of Mata Capital’s landmark tokenization project and what it means for the future of asset management. by ConsenSys From title token prototypes in the UK to fractionalized condos in Manhattan, real estate tokenization has emerged in recent years as one of the most here-and-now use cases of blockchain technology for large asset and property managers. Last year, French asset manager Mata Capital moved the industry past another milestone with its tokenization of over €350M worth of real estate assets. The project involved the tokenization of an alternative investment fund holding a logistic platform worth €220M in the north of Paris. The asset-backed token issuance is among the largest real estate tokenization projects in Europe. Beyond more efficient client onboarding, transaction processing, and reporting, Mata Capital aims to increase access and attract a wider pool of domestic and international professional investors. Baptiste Saint-Martin, Product Development Manager at Mata Capital, explains that the long-term vision of the project is to “build an investment platform that allows anyone to invest in private equity, real estate, infrastructure, or private debt with less than one euro, while respecting all the regulatory standards.”  Mata Capital partnered with ConsenSys to launch the solution on Codefi Assets, an Ethereum-based platform for issuing and managing digital assets. The Codefi platform also uses Ethereum smart contracts to define compliance requirements and validate KYC in order to issue corresponding shares to verified investors.  Here’s a behind-the-scenes look at how the platform works and a breakdown of what the project means for the real estate sector at large. Download the full Mata Capital case study. One of the unique advantages of the Ethereum blockchain is that anyone can easily mint and distribute digital tokens that represent fungible, non-fungible, and financial assets that can be verified on a distributed ledger. For historically monolithic assets like real estate, blockchain tokens allow properties to be easily fractionalized so digital shares can be distributed to both institutional and retail investors. Since the launch of Ethereum in 2015, the community has developed widely-adopted token standards—lists of technical requirements that smart contracts must fulfill for a token to be compliant and compatible across the Ethereum network. For Mata Capital’s solution, the Codefi Assets platform uses the ERC1400 token standard to represent shares of real estate funds on the Ethereum blockchain. ERC1400 ensures that tokens can be minted, transferred, and burned by an administrator, as well as bound to legal documents and agreements.   Before deployment, all smart contracts developed for Mata Capital’s solution were audited by ConsenSys Diligence, our team of blockchain security experts. The Codefi platform streamlines investor onboarding for Mata Capital by enabling potential investors to create accounts, complete a KYC/AML compliance form, and upload all required documents. Eligible investors are then whitelisted so that their Ethereum address can receive the shares purchased on the platform. Mata Capital has so far onboarded approximately 80 professional investors. Upon payment validation, Mata Capital uses the Codefi platform to sign a digital certificate with their private key and authorize the transfer of real estate security tokens to investors. Investors then receive a receipt of the sale that links to the transaction on the Ethereum blockchain. Watch our webinar about the future of real estate investing on blockchain. Mata Capital’s tokenization project is a signal that some profound changes are in order for the real estate sector, both near-term and long-term. Blockchain technology has obvious benefits for information processing, but its particular advantage is the opportunity to create significantly more affordable investment products. Here are what we see as the top three trends to pay attention to as blockchain solutions catch on in real estate:  Mata Capital is now concentrating on creating a secondary market for the tokenized shares. Baptiste Saint-Martin explained that they are in active discussions with their counsels and monitoring the regulatory updates to “make sure we provide a solution that is compliant and valuable for our clients.” Their Ethereum-based solution has the potential to facilitate cross-border distribution of financial assets while ensuring KYC compliance.  Matthieu Bouchaud, Product Lead of Codefi Assets, believes Mata Capital’s initiative is a powerful proof point of how seamlessly institutional players can adopt blockchain solutions and also how retail investors can easily purchase complex financial products through a user-friendly dashboard like Codefi. Codefi’s all-in-one platform, Bouchaud explains, now enables the “move from the age of experimentation to one of industrial growth.” See Codefi’s asset issuance platform in action.

ALL BEST ICO (CURRENCY:ALLBI) traded 66% lower against the US dollar during the 24 hour period ending at 19:00 PM ET on January 14th. ALL BEST ICO has a market cap of $3,925.99 and $23.00 worth of ALL BEST ICO was traded on exchanges in the last day. One ALL BEST ICO token can currently be purchased for $0.0000 or 0.00000000 BTC on popular cryptocurrency exchanges. In the last week, ALL BEST ICO has traded 65.9% lower against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

About ALL BEST ICO

According to CryptoCompare, “ALL BEST ICO.com and ALLBI Token is designed to enable everyone to make their own Cryptocurrency. In addition, participants will be able to use ALLBI Tokens to make payments to various merchants spanning across different industries. ALLBESTICO (ALLBI) is a cryptocurrency based on the Ethereum blockchain which belongs to a class of ERC20 token standard. The ERC20 token standard describes the functions and events that an Ethereum token contract has to implement. “

ALL BEST ICO Token Trading

ALL BEST ICO can be purchased on these cryptocurrency exchanges:. It is usually not currently possible to buy alternative cryptocurrencies such as ALL BEST ICO directly using US dollars. Investors seeking to acquire ALL BEST ICO should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy ALL BEST ICO using one of the exchanges listed above.

Bitcoinist | Jan 11, 2021 | 09:00

Thank you for agreeing to this interview. Before we start, could you provide a little bit of background on OKExChain, the OKT token, and OKEx’s primary goals for the project?

We have spent three years designing and developing OKExChain to ensure that it upholds blockchain technology’s core qualities of openness and decentralization. Throughout this period, it has undergone many iterations on the testnet. For example, we have expanded the ecosystem through hackathons and partnerships, committed to open-source, and realized OKExChain’s liquidity mining farm module, among other developments. This was all done to ensure our commitment to provide a robust open-source chain with high performance. One that can support the development of large-scale commercial dApps – without sacrificing decentralization. 

OKExChain is specialized in trading and, upon completion of its fourth phase of rollout, will allow for an entire ecosystem of Ethereum-compatible DEXs and trading-based dApps. During phase one, which lasts two weeks starting from 31st December 2020, the OKT token, OKExChain’s native token, will be minted. In the second and third phases, we will continue ongoing testing and development to ensure mainnet stability and reliability and, in the final phase, the smart contract virtual machine will be enabled, which will make OKExChain compatible with all projects on Ethereum. 

The OKT token powers the OKExChain ecosystem and will provide holders with benefits such as voting rights, discounted fees, and staking privileges for decentralized exchanges and other DeFi applications built on the network. The initial issuance is 10 million OKT and OKB holders are invited to gain first access by staking their OKB tokens to receive OKT. They can stake and withdraw their stake at any time to maximize the value of their invested capital.

What does it mean for OKEx to reach this milestone after three full years of development?

It is a huge milestone for OKEx. We have invested a significant amount of resources and commitment into bringing the world’s first open-source, trading-focused chain to the mainnet. We are very proud to uphold decentralization and make the chain open, borderless, and ultimately interoperable and EVM-compatible. OKExChain is the embodiment of our commitment to contribute to the development of the financial system of the future and we are thrilled to have reached this point. 

We’re also excited about giving back to OKB holders by giving them first access to the OKT token. They have been instrumental throughout the development of OKExChain and this is our way of saying thank you. 

And what does this mean for the cryptocurrency industry?

At OKEx, we believe that it is the duty of all cryptocurrency industry participants to collaborate to grow the space and roll out the tools and products necessary for mass participation/adoption. As such, we do not believe that there will be just one chain but a need for many competing yet complementary chains that work together to achieve that goal. We are helping to advance the space with the world’s first open-source and decentralized trading-focused chain. This will allow for the wide-scale creation of DEXs and other associated dApps taking advantage of high performance and a robust and secure chain to build on. 

Can you share any stories about the challenges you faced over the years?

The constant challenge is keeping up with changing needs and expectations, creating and rolling out a product before it has already become redundant in the market. We were already steadfast in ensuring decentralization on OKExChain and the massive growth and popularity in DeFi this year highlighted the importance of this. We had to iterate many times and, I think, another of the greatest challenges is achieving high performance without sacrificing decentralization – and understanding how much and how quickly you can achieve it without pushing the limitations of the underlying technology too far.

What was the reason for ten different iterations?

OKExChain has been in development for just under three years. Over this period, the purpose of OKExChain has shifted in line with industry developments and technological innovations. We were very clear on the need to ensure a high degree of decentralization as the question of governance took on more and more importance. With each different iteration, we made significant improvements to the chain, such as incorporating EVM compatibility, improving the voting mechanism, reducing trading fees, and improving TPS. We uphold a commitment to excellence at OKEx and were not willing to move to the mainnet until we were completely sure of offering a game-changing and highly focused product that can contribute to and improve on the current ecosystem. 

Can you explain the phased rollout process and why that strategy was chosen?

A phased rollout process makes sense in an industry that moves at a breakneck speed. This will allow us to continually iterate and develop inline with industry demands and changes as well as ensure that upon launch completion, the product is as robust and high-performance as possible.

How can users mint OKT through the OKEx Jumpstart?

For a two-week period that began on 31 December 2020, users will be able to stake their OKB on the OKEx platform and generate OKT tokens. OKT will be issued proportionally to OKB holders and they can stake and or withdraw it at any time to maximize capital flexibility. There is no minimum or maximum staking limit per person.

What incentives are users offered to hold OKT tokens?

OKT tokens come with immediate benefits and utility for holders. As the native token of the OKExChain ecosystem, holding OKT grants voting rights, staking privileges, and transaction fee payment for decentralized exchanges and other DeFi applications built on the network. OKT is also designed to have a halving cycle like bitcoin. This takes place approximately every 36 months, imparting scarcity and token value appreciation over time.

How does OKT compare to other industry tokens?

Compared to other exchange tokens, say, Huobi HT or Binance BNB, OKT is very different in that it is a new token for OKExChain, rather than using the existing native token of the exchange. This means that the entry of new nodes is not prohibitive and we can increase the level of decentralization.

What sets the OKEx DEX apart from other similar platforms?

OKEx DEX brings several advantages to users beyond being noncustodial and highly secure. Thanks to the iterations we made on the testnet, we have been able to significantly reduce trading fees unlike the high costs on other platforms. OKEx DEX also boasts of facilitating high-performance trading for users to enjoy a more seamless experience with lower fees when trading on OKEx DEX.

Compared to public blockchains like Ethereum, OKExChain provides a dedicated infrastructure for trading DApps and DEXs. This translates into lower costs for developers deploying their trading DApps which, in turn, leads to lower trading fees for users.

How do OKT and OKExChain fit into the broader DeFi landscape?

We hope to fuel the development of an alternative financial system through the launch of OKExChain. By concentrating the chain on a trading niche and making it EVM compatible with very high performance, we aim to be a very attractive platform for DEXs and similar applications. This means that we can help overcome some of the existing pain points in DeFi such as scalability and network fees while upholding decentralization.  

How important do you think DeFi will become over the next several years, and why?

At OKEx, we firmly believe that DeFi is the crypto industry’s future and that it has the potential to supplement the traditional financial industry and achieve the goal of #FinanceAll. We have already seen amazing innovation with the entire construction of an alternative system centered around borrowing and lending, with extremely low barriers to entry and a viable alternative for storing value and making a passive income. This can only grow in protagonism over the next few years as people are aware of the pitfalls with traditional finance and come to realize that they can avail themselves credit, transact, and increase their wealth without gatekeepers. As DeFi matures and attracts more interest from institutions, we will see the sector take off in earnest as real-world assets transfer to the blockchain and traditional finance is forced to adjust and improve. 

Are there any DeFi projects out there that OKEx drew inspiration from? For OKExChain?

There are many DeFi projects that have caught our admiration from Chainlink’s decentralized oracles to Compound’s borrowing and lending platform, Polkadot’s focus on interoperability, and Uniswap’s ability to attract liquidity. We have collaborated with many projects in this sector to assist in their visibility, to allow users to earn and stake their tokens, to launch our own secure price feed – OKEx Oracle, and to inspire us in the development of OKExChain. Essentially, we work to tackle the same existing issues of liquidity, scalability, interoperability, and adoption. Making OKExChain EMV-compatible is essential to allow dApps built on Ethereum to easily migrate to our platform as well as improve the user experience and grow the space.

How do OKT and OKExChain compliment OKEx’s growing list of financial products and services?

Over the years, the crypto space has grown and different types of participants have emerged. Not all want to custody their cryptocurrency holdings and utilize centralized providers. While many people in the space enjoy trading and speculating on crypto assets, others like to HODL and others, still, see the benefits in earning a passive income on their digital assets and accumulating wealth in more risk-averse ways.

OKEx has grown up to accommodate these differing needs and OKExChain seeks to further the growth of DeFi and provide an excellent robust platform for DEX and dApp developers as well as token holders. OKExChain allows us to satisfy the needs of crypto market participants wanting a decentralized experience without just being a mere extension of the OKEx brand.

Disclaimer: The information presented here does not constitute investment advice or an offer to invest. The statements, views, and opinions expressed in this article are solely those of the author/company and do not represent those of Bitcoinist. We strongly advise our readers to DYOR before investing in any cryptocurrency, blockchain project, or ICO, particularly those that guarantee profits. Furthermore, Bitcoinist does not guarantee or imply that the cryptocurrencies or projects published are legal in any specific reader’s location. It is the reader’s responsibility to know the laws regarding cryptocurrencies and ICOs in his or her country.

The year 2020 has been monumental for the blockchain sector, especially in regards to financial markets. Yet, while the price of Bitcoin (BTC) reached new all-time highs this year, the enterprise blockchain space also welcomed in public networks, open-source code and a number of other elements not seen in previous years defined by private, closed networks.

Listed below are five enterprise blockchain trends seen in 2020 that can drive mainstream adoption of blockchain moving forward.

“The Internet of Value” is a term coined by Don Tapscott, author and founder of The Blockchain Research Institute. In 2016, Tapscott gave a TED Talk in which he predicted that organizations would begin moving digital assets, including money, music, artwork and more, across blockchain networks in the same way as cryptocurrencies are transferred. “Once it’s there, this is immutable. You can’t hack it. This creates the conditions for prosperity for potentially billions of people,” Tapscott explained.

Indeed, innovative enterprises today are moving items of value across blockchain networks. Known as “tokenization,” this process allows financial assets like invoices to be sent across multiple network participants, ensuring that all parties receive the same information at the same time. Everything is recorded on a blockchain ledger, which ensures trust and transparency between parties. For example, Coke One North America is leveraging the Baseline Protocol to send tokenized invoices across multiple supply chain participants.

Digitized invoices are just one example of tokenization, though. Earlier this year, Ernst & Young Canada shared a use case being conducted with the nonprofit organization Canadian Blood Services to tokenize blood donations. Numerous amounts of data is generated when blood donations are taken from donors and moved across the supply chain. In order to track data accordingly, EY Canada is leveraging the private Ethereum blockchain network supported by the EY OpsChain platform to track donation data coming from Canadian Blood Services across seven key points, creating an improved audit trail for blood products.

While these examples are still early use cases of tokenization, this trend will continue to be leveraged by enterprises. In order to ensure the widespread adoption of tokenization, the Interwork Alliance, or IWA, is developing standards for understanding token model concepts. The IWA is specifically focused on sustainability and trade finance use cases. Discovering a global standard for tokenizing carbon credits is also one of the alliance’s current priorities, as the blockchain sector can expect to see more tokenized green initiatives moving forward.

Supply chain management is one of the most practical enterprise blockchain use cases to date. One of the earliest examples of this was demonstrated in 2016 by IBM, when the tech giant announced plans for its Food Trust Network. The network launched in 2018, illustrating how major retailers like Walmart could track and trace food products back to their source by leveraging a private blockchain network powered by Hyperledger Fabric.

Fast forward to 2020, and a number of industries have adopted blockchain for supply chain operations. A new report from PwC in collaboration with OpenNodes, IBM, Ernst & Young and others shows that asset tracking and traceability has become the most important use case for distributed ledger technology.

The COVID-19 pandemic has accelerated the adoption trend. In March this year, The World Health Organization launched a blockchain platform designed to detect COVID-19 carriers and hot spots by tracking and tracing users’ health data. Some of the world’s largest container carriers have also joined IBM and Maersk’s TradeLens blockchain platform to digitally transform their supply chains. These carriers will begin to utilize electronic bills of lading while digitally sharing permissioned shipment information between supply chain entities.

Moreover, Deloitte’s 2020 Blockchain Trends report notes that initiatives utilizing blockchain in clinical trials and pharmaceutical supply chains have been underway this year. While few have reached production, the firm envisions that there will be a wave of solutions that will go live once regulatory concerns gain clarity.

Over the years, enterprise blockchain developed a reputation as closed, private and expensive networks that could only be leveraged by billion-dollar companies like Walmart. However, 2020 has proven that public blockchains like Ethereum may offer a better choice for some enterprise users.

Ernst & Young was one of the first to demonstrate this, publishing a detailed blog post in Dec. 2019 explaining how public blockchains will make private blockchains obsolete moving forward. Although private blockchains are still very much being leveraged, more companies are using public blockchains to achieve benefits that cannot be provided by private networks.

For example, privacy and security solutions across public blockchain networks like Ethereum have become appealing to many enterprise users. As the space continues to mature, new privacy solutions utilizing zero-knowledge proofs are ensuring that data across public networks are secure, yet transparent when needed.

This has proven to be advantageous to some enterprises that have started leveraging the Ethereum blockchain for business use cases. For example, The Baseline Protocol, a set of techniques using advances in peer-to-peer messaging, zero-knowledge cryptography and blockchain to coordinate complex and confidential workflows, leverages blockchain as a middleware to demonstrate how the Ethereum mainnet can be used as an always-on, tamper-resistant state machine. 

Through the Baseline Protocol, the Ethereum mainnet, or any other blockchain networks for that matter, are used as a common frame of reference for traditional systems of record. One of the use cases of the Baseline Protocol is being demonstrated by Coke One North America for supply chain optimization.

While impressive, the real challenge moving forward will be getting other enterprises to adopt public blockchains. After all, it’s not uncommon for an organization to think of cryptocurrencies like Bitcoin or Ether (ETH) when hearing the words “public blockchain.” In order for adoption to occur, enterprises must be open to utilizing a public network.

Decentralized finance has grown to become one of the biggest crypto trends of 2020. The sector’s boom has laid the groundwork for “enterprise DeFi,” which is predicted to change financial services operations entirely.

For example, tokenized assets and fiat-backed stable coins will make moving financial items of value easier and less costly. This is already being demonstrated by companies like Coke One North America, which has begun tokenizing invoices. Yet in order for enterprise DeFi to become widely adopted, agreements regarding data sharing must be established to show that invoices and other financial transactions are valid and should be processed for payment.

DeFi protocols have also proven the potential to enable autonomous programmable digital securities in the future. However, regulations and standards must still be established in order for this to move forward.

Open-source code has always been an important part of the blockchain ecosystem, as it embodies the concept of open culture regulation. Interestingly enough, open source has become increasingly important for the development of enterprise blockchain networks.

While the Hyperledger open-source community was one of the first to demonstrate the importance of open-source code for enterprise use, a number of other projects are doing the same. For example, in March of this year, the Baseline Protocol was published to GitHub for public use, allowing developers to contribute to the project. In May 2019, EY made the code for its Nightfall solution open-source, releasing it on GitHub in hopes of speeding up the adoption of public blockchains. In June of this year, crypto exchange Bitfinex uploaded its “Dazaar” protocol to GitHub to allow users to share media across a decentralized network.

These examples show how enterprises have begun embracing open-source code to ensure the maturity of the blockchain space. Meanwhile, standards around open-source code are needed more than ever before. The nonprofit organization OASIS Open is one of those developing standards for open-source code used in blockchain projects, which will enable enterprise open-source protocols to advance .

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If you are a person looking to create an ERC20 token at an affordable cost. Then you are in the correct place. Currently, blockchain is an emerging technology in various industries across the globe. Such as finance, banking, insurance, real estate, and more. This technology is also widely used to create crypto tokens and other complex projects for the business. When it comes to digital currencies and tokens, Bitcoin is the leading currency in the crypto market. On the other side, ethereum is the second largest crypto and acts as a public blockchain platform. 

Vitalik Buterin was the founder of Ethereum and was first launched in 2015. Ethereum is a decentralized software platform and is shortly mentioned as ETH in the crypto marketplace. At this current time, the value of 1 ETH equals more than $1300 in the crypto market. Ethereum is more scalable, reliable, and widely used in many blockchain development services. Like developing ERC20 tokens, decentralized applications, smart contracts, ethereum token wallet mobile apps, and more. 

Presently, ERC20 tokens are becoming prominent in the industry. So many people are showing their interest to create ERC20 tokens using the ethereum network. When it comes to the ERC20 token development phase, many people aren’t aware of the cost to create ERC20 tokens. If you are one among them, then this article will be definitely helpful to know the cost of ERC20 token creation. Before seeing the ERC20 token creation cost, let us see what is an ERC20 token with its features, benefits, and other essential factors.

So, let us begin with…

ERC20 is the popular ethereum token standard that helps to create ethereum-based crypto tokens and smart contracts. ERC20 stands for Ethereum Request for comments. ERC20 standard defines a set of rules that apply to all ethereum-based tokens. We know that ethereum is an open-source software platform so you can create your ERC20 token using the ethereum network. An ERC20 token is a digital asset that holds a certain value for trading in the crypto exchange.  In other words, the ERC20 token is a blockchain-based digital asset with similar functionality to Ethereum. These tokens are widely used for transactions and other payments. 

The difference between ERC20 tokens and bitcoin is, ERC20 tokens are developed on the powerful Ethereum network. Whereas Bitcoin is created on its own blockchain network. Generally, ERC20 tokens are mostly created for raising the funds. You can also create such ethereum-based crypto tokens for your fundraising with the help of the ideal ERC20 token development company.

Experts in the blockchain community say that ERC20 is the most significant crypto token standard. An ERC20 token has emerged as the technical standard and is used for all smart contracts. By using smart contracts, you can avoid the fraudulent activities and interference of third parties. Thus, many startups and entrepreneurs preferred creating ERC20 tokens for raising funds. 

When it comes to token standards in the ethereum network, there are distinct types of ethereum token standards. Each ethereum token standard differs from other standards. Here we list the different types of Ethereum token standards which grabbed more prominence in the blockchain space.

These standards are the mainstream ethereum token standards in the blockchain industry. Some ethereum(ERC20) tokens are prevailing in the marketplace. Such as

These tokens are the best ethereum tokens in the marketplace. Most ethereum tokens are completely created based on the ERC20 standard. Thus, many investors and traders prefer these ethereum tokens for trading. 

Now, let us see 

Here we list some eminent reasons to create your ERC20 token for your business.      

These are the valuable reasons to create your own ERC20 tokens. Now, let us see…

Every ethereum token enthusiast will have a dream of creating their own ERC20 tokens. So many of them are searching how to create an ERC20 token?. The answer is simple, you can create your ERC20 token in two ways. If you are an experienced developer and specialized in ethereum blockchain codings then you can create your ERC20 token by yourself. But in the end, you might face any issues or bugs in the output. If you are a skillful programmer, then you can create your ERC20 token by considering some crucial factors. Here is the list of factors that you must consider while developing an ERC20 token on the top ethereum blockchain.

By considering these paramount factors, you can make your ERC20 token easily. Else, you can create ethereum based crypto tokens by connecting with the leading ERC20 token development company in the blockchain industry. Because companies will have high-skilled ethereum token developers and an experienced blockchain development team. So that you can easily share your business requirements and create your ERC20 token without any trouble. That’s why people are approaching the best ERC20 token development company for developing ethereum based tokens.

Features will play an important role while developing an ERC20 token for your features. Because some traders and investors will buy ERC20 tokens based on the features enabled in the token. Here we list the important features that you can get in our ERC20 token creation service.

By integrating these features in the ERC20 token, you can successfully create your ERC20 token and reap more profits in a short time.

The cost of creating an ERC20 token plays a major role while you are developing a crypto token on the ethereum blockchain.  Some of the crucial factors determine the shape of the ERC20 token development cost. Such as 

These factors will shape the development cost of the ERC20 tokens. But we can not estimate the exact cost of the ERC20 token creation. But approximately the cost to create ERC20 token will range from $5k to $6k along with the ERC20 token wallet mobile app for web, android, and IOS. However, the cost of ERC20 token creation may differ as per your business requirements and urgent needs. 

Zab Technologies is a noteworthy ERC20 token development company when it comes to ERC20 token creation service. You know what, we are the pioneers of the blockchain domain and have great experience in developing crypto exchange, blockchain crypto wallet, crypto tokens, crowdfunding platforms, and more. We offer the best ERC20 token creation service with which you can create your own ERC20 token at an affordable cost. We have so far delivered many extraordinary and reliable crypto tokens that come under the Ethereum blockchain standards. And those ERC20 tokens are the best selling tokens right now in the market as well. The best selling part of this is integrating all the essential and security features that will induce the token to well-perform. Also, it can handle more transactions during the peak hours of trading. 

This one best selling part of Zab Technologies thrives entrepreneurs and startups fixing their free live demo and query calls with us for creating ERC20 tokens. Zab Technologies feels happy for the success of entrepreneurs who are well-performing with our products in the market.

If you still have any queries on the Cost to create ERC20 tokens. Then connect with our experts right now!. We are here to assist you and accomplish your business dreams come true.

Though most cryptocurrency investors know of Ethereum and its network, many are unaware that there are hundreds of ERC-20 projects that attempt to make the Ethereum network more scalable and faster. The OMG Network hopes to use its Layer-2 solution to improve transaction costs and speeds on the Ethereum network — and investors are taking notice.

Start with our guide to learn more about the OMG Network and how you can add this token to your portfolio.

In recent years, Ethereum’s decentralized application (dApp) capabilities have taken center stage in the cryptocurrency realm. The OMG Network is a Layer-2 scaling solution that helps improve the speed of transactions executing on the Ethereum network. 

The OMG Network uses a unique scaling solution called MoreViable Plasma, which uses a sidechain architecture that enables Ethereum to execute ERC-20 transactions more quickly and with fewer fees compared to sending the same tokens directly on the Ethereum network. The OMG token powers the network and can be used as a form of currency to fund transaction fees.

OMG is currently the 57th largest cryptocurrency project when measured by total market capitalization with a total market cap of about $443 million. Developers hope that the use of the OMG Network will encourage larger-scale implementation of Ethereum’s smart contract technology by businesses and institutional investors. 

There are multiple major exchanges that offer the OMG token. The broker you choose will provide you with a trading platform that you can use to execute buy and sell orders. 

Some of the factors that you might want to consider when you compare brokers include:

Your search for the right broker doesn’t need to take forever. Start by comparing a few of our favorite brokers below. 

Our favorite options are all friendly for beginners and can help you start investing in the cryptocurrency market with less stress.

eToro, headquartered in Cyprus, England and Israel, has provided forex products and other CFD derivatives to retail clients since 2007. A major eToro plus is its social trading operations, including OpenBook, which allows new clients to copy trade the platform’s best performers. Its social trading features are top notch, but eToro loses points for its lack of tradable currency pairs and underwhelming research and customer service features

Gemini is a cryptocurrency exchange and custodian that offers investors access to 26 coins and tokens. Founded in the US, Gemini is expanding globally, in particular into Europe and Asia. Offerings include both major cryptocurrency projects like Bitcoin and Ethereum, and smaller altcoins like Orchid and 0x.

Gemini is 1 of the only brokers with multiple platform options based on skill level. New investors will love the streamlined interface of Gemini’s mobile and web apps, while advanced investors might appreciate all the tools that come with ActiveTrader. 

In addition to a host of platform choices, Gemini users also have access to insured hot wallets to store tokens without worrying about digital asset theft. Learn more about what Gemini can do for you in our review.

Coinbase is one of the Internet’s largest cryptocurrency trading platforms. From Bitcoin to Litecoin or Basic Attention Token to Chainlink, Coinbase makes it exceptionally simple to buy and sell major cryptocurrency pairs. 

You can even earn cryptocurrency rewards through Coinbase’s unique Coinbase Earn feature. More advanced traders will love the Coinbase Pro platform, which offers more order types and enhanced functionality.

Though Coinbase doesn’t offer the most affordable pricing or the lowest fees, its simple platform is easy enough for complete beginners to master in as little as a single trade.

Altrady is a comprehensive trading terminal that allows cryptocurrency investors to buy and sell on multiple exchanges from a single platform. This can be a major benefit for investors who want to diversify their portfolios quickly and easily. Altrady also provides investors with a large range of customization tools and features that can be used to create a personalized trading platform. Altrady’s system can be a bit overwhelming for investors who are complete beginners, but the platform offers a wealth of educational resources and instruction videos to help ease the learning curve.

Maybe you think cryptocurrency is the future, or perhaps you were swept up in the initial waves of Bitcoin. BlockFi may be your next step if you’re ready to evolve as a crypto investor.

Whether you’re a native crypto user or curious enough to start investing, BlockFi seeks to bring institutional-grade financial products to crypto markets that often face restricted access. It strives to bring clients low-cost, simple applications designed to maximize the potential of crypto assets. Learn more in our BlockFi review.

Voyager is a leading name in the sphere of cryptocurrency investing, giving you access to over 50 tokens and coins. Buy, sell and swap assets using Voyager Crypto’s simple mobile platform available as a free download for iOS and Android users. 

When you invest through Voyager, you’ll pay nothing in commissions, which is a major benefit when compared to other cryptocurrency brokers. Voyager is also one of the only brokers we’ve seen that allows users to earn interest on their crypto investments. 

Though the broker could do more to improve its customer service, it’s an excellent option for beginner investors and seasoned professionals alike.

The next step to buying OMG is to open a wallet where you can store your tokens after purchase. A cryptocurrency wallet provides you with a private, more secure location that keeps your investments off your exchange. This limits the possibility that you’ll lose your crypto if your exchange is hacked or compromised.

There are 2 types of cryptocurrency wallets you might want to use to store your investment:

The OMG Network’s token is an ERC-20 token, which means that it’s compatible with almost any wallet that supports Ethereum-based projects. With a wide range of wallet choices, finding the best option for you can be a challenge. Consider our favorite hardware and software wallet for this ERC-20 token below when you start your search. 

Investors who are searching for a comprehensive wallet solution for all of their cryptocurrency investments will love the SafePal S1 hardware wallet. The SafePal S1 provides you with a comprehensive single location to store upwards of 10,000 cryptocurrencies and crypto projects. From major names like Bitcoin to minor ERC-20 tokens like Uniswap, you can store everything on the S1.

In addition to a wealth of support for tokens and coins, the SafePal S1 also offers top-of-the-line security features. The device uses an air gapped signing mechanism that stores your investments without the need for Wi-Fi or Bluetooth connections, and you can connect directly with the SafePal app when you’re on-the-go. 

With a small, portable size and unlimited storage, the SafePal S1 is our recommendation for cryptocurrency investors who are serious about protecting their holdings. 

MetaMask is 1 of the world’s most trusted software wallets, with more than 1 million users worldwide. You can use the MetaMask wallet through its intuitive mobile app, or you can work directly from your desktop using its browser extension. 

MetaMask provides you with a private set of keys, a key vault, a secure login and more — everything that you need to get started storing your investments. The wallet is also open source, which means that developers are constantly working to patch security issues and provide you with more access to markets and decentralized applications. 

If you’ve ever bought or sold a share of stock before, you’re likely already familiar with the process that you’ll go through when you place your first buy order to invest in OMG. Though the specific process you’ll go through will vary by broker, here are the basic steps you can expect to follow when you place your first order.

Bonus section: OMG Network is currently the only production-ready scaling solution for the Ethereum blockchain. This means that the price of the OMG token is likely to rise or decline in value as public interest in Ethereum and Ether shifts. 

When your broker is able to fill your order, you’ll see your investment in your exchange portfolio. From here, you need to think about how you believe the price of OMG will shift in the future and choose your investment plan.

If you think that the OMG token will increase in value over the course of weeks or months, you may want to hold onto your tokens in a secure hardware or software wallet. We don’t recommend leaving your tokens on your exchange wallet for long periods of time, as this practice increases the possibility that you may lose your investment.

If you believe that OMG will show more volatility in the short-term, you might want to take a more active role in investing. Short-term investors strategically buy and sell OMG when its advantageous to them with the goal of accumulating more tokens and cashing them out for a stablecoin when it’s time to take profits.

If you’re interested in active investing, you might want to consider choosing 1 of our favorite brokers below when choosing where you want to open an account. These brokers offer comprehensive and fast platforms that will help you capitalize on small price movements more effectively. 

The cryptocurrency market is constantly moving and changing. Check out a few of today’s top market movers using the table below.  

As interest in the Ethereum network and its capabilities expand, you might want to consider diversifying your portfolio with a few additional ERC-20 projects. From Chainlink’s oracle connections to Uniswap’s intuitive market features, the OMG Network represents only a small percentage of developers work on the Ethereum network. 

Best of all, you can easily store any ERC-20 project on a single wallet — meaning that you won’t need to invest in multiple hardware storage options to store your entire portfolio. 

As cryptocurrency projects continue to advance, developers must tackle issues with scalability and useability if they want to see widespread implementation of blockchain technology. Cosmos is a unique cryptocurrency project that seeks to make blockchain projects easier to use, faster and more intuitive for developers. Our guide to Cosmos and cryptocurrency investing will help you add this unique offering to your portfolio. 

Branding itself as the “internet of blockchains,” Cosmos is a cryptocurrency blockchain project that aims to solve some of the issues that limit the widespread institution of cryptocurrencies. Some of these issues include:

The Cosmos token, ATOM, powers the functionality of the network and can be bought and sold on many major exchanges. Cosmos was launched in 2014, and quickly rose through the ranks of cryptocurrency projects thanks to its innovative structure. Cosmos is currently the 61st largest cryptocurrency when measured by total market capitalization, with a market cap of about $1.56 billion. 

The easiest way to purchase most types of cryptocurrencies is by opening an account with a cryptocurrency broker. A cryptocurrency broker is similar to a stockbroker because it will provide you with a platform that you can use to execute buy and sell orders for cryptocurrencies. As a relatively popular cryptocurrency project, you’ll have a few options when you select a broker to buy and sell Cosmos. A few of the factors you might want to compare between brokers before you open an account may include:

If you aren’t sure where to begin your search for the best cryptocurrency broker, consider a few of our favorite options below. These choices offer access to ATOM trading and are excellent options for beginners. 

eToro, headquartered in Cyprus, England and Israel, has provided forex products and other CFD derivatives to retail clients since 2007. A major eToro plus is its social trading operations, including OpenBook, which allows new clients to copy trade the platform’s best performers. Its social trading features are top notch, but eToro loses points for its lack of tradable currency pairs and underwhelming research and customer service features

Gemini is a cryptocurrency exchange and custodian that offers investors access to 26 coins and tokens. Founded in the US, Gemini is expanding globally, in particular into Europe and Asia. Offerings include both major cryptocurrency projects like Bitcoin and Ethereum, and smaller altcoins like Orchid and 0x.

Gemini is 1 of the only brokers with multiple platform options based on skill level. New investors will love the streamlined interface of Gemini’s mobile and web apps, while advanced investors might appreciate all the tools that come with ActiveTrader. 

In addition to a host of platform choices, Gemini users also have access to insured hot wallets to store tokens without worrying about digital asset theft. Learn more about what Gemini can do for you in our review.

Coinbase is one of the Internet’s largest cryptocurrency trading platforms. From Bitcoin to Litecoin or Basic Attention Token to Chainlink, Coinbase makes it exceptionally simple to buy and sell major cryptocurrency pairs. 

You can even earn cryptocurrency rewards through Coinbase’s unique Coinbase Earn feature. More advanced traders will love the Coinbase Pro platform, which offers more order types and enhanced functionality.

Though Coinbase doesn’t offer the most affordable pricing or the lowest fees, its simple platform is easy enough for complete beginners to master in as little as a single trade.

After selecting a brokerage company, you’ll also want to choose a cryptocurrency wallet. A crypto wallet is a software program or piece of hardware that allows you to store your cryptocurrency off an exchange. This reduces the possibility of seeing a theft or hack harm your account.

There are 2 major types of cryptocurrency wallets: software wallets and hardware wallets. Software wallets provide you with a free method that you can use to store your investments, while hardware wallets provide you with the highest level of security. Let’s take a look at our favorite software and hardware options for Cosmos investors.  

Investors who are searching for a 1-stop-shop for all of their crypto storage needs will love the ELLIPAL Titan hardware wallet. The Titan supports 30 unique coin offerings and over 1,000 ERC-20 tokens — you’re unlikely to own a project that cannot be stored on your ELLIPAL model thanks to its universal multi-chain account system. The device uses an air-gapped and isolated network to provide you with the highest possible level of security for your investments. You can even track and manage your coins wherever you are with the ELLIPAL’s seamlessly integrated iOS and Android app.

One of the major benefits of software wallets is their flexibility — a quality that Trust Wallet fully embraces. Trust Wallet is a free app available for iOS and Android devices that allows you to store a wide variety of coins and tokens using a single app. Trust Wallet offers dApp compatibility and functionality, which can be especially useful for Ethereum developers and enthusiasts. Trust Wallet also has an integrated exchange that allows you to buy Bitcoin and other cryptocurrencies in as little as 5 minutes and then transfer them directly to your wallet.  

When both your wallet and your brokerage account are open and functional, you can place an order to buy Cosmos through your broker’s trading platform. The specific process that you’ll need to go through to place an order will vary by broker, but most brokers offer a simple and straightforward process that’s similar to the process used to buy and sell shares of stock. The length of time that it will take to fill your order will vary depending on current market conditions and the type of order you use. When your broker is able to complete your order, you’ll see your investment in your brokerage account.

Sifchain, a decentralized omni-chain platform, has recently announced that it has successfully deployed a functioning bridge between the Cosmos and Ethereum networks. This development may cause the price of ATOM to rise in the future, especially along with Ethereum, as this bridge makes its coins easier to access and store safely.

When your order is complete, you’ll need to decide how you want to see a return on your investment. There are 2 major ways that cryptocurrency investors can see a profit:

If you’re thinking about taking a short-term approach to cryptocurrency investing, you’ll need a quick, comprehensive trading platform. You can start your search with a few of our favorite options below. 

The cryptocurrency market is constantly moving. Coin and token supply, market news, project announcements, government decisions and tech advancements are just a few of the many factors that can influence the price that you’ll pay for the tokens and coins you invest in. Understanding how the market is moving when you decide to invest can ensure that you end up with the most advantageous investment possible. Take a glance at our movement chart below to see how some of the biggest names in cryptocurrency are changing in value today.  

Cryptocurrency investments can add an excellent layer of diversification to any portfolio. However, remember that this sphere is still largely under development and does not enjoy the same regulations as the stock and bond markets. If you do decide to invest in ATOM or any cryptocurrency project, be sure this investment makes up only a small percentage of your overall portfolio. 

Bitcoin price briefly dipped below the $30,000 mark again today, recovering to stabilize around the $31,000 level.

Top-20 altcoins continue to perform well, as Ethereum rises 7%, XRP gains 2%, and Stellar jumps an impressive 27% over the last 24 hours.

The Office of the Comptroller of the Currency (OCC) is now permitting US banks to use stablecoins and run cryptocurrency nodes, as revealed in a newly published letter.

Banks will be able to use public blockchains to record and settle payments using stablecoins, with the OCC highlighting the benefits for cross-border transactions.

JPMorgan continues to increasingly embrace Bitcoin, setting a new long-term price target of $146,000 for the cryptocurrency as it begins to rival gold.

Contrary to this long-term prediction, the firm does not think that a further gain will be sustainable on Bitcoin’s current bull-run and that short-term advances into the $50,000 to $100,000 will not hold.

Popular cryptocurrency exchange OKEx has officially launched its very own OKExChain mainnet today, making 10 million native OKT tokens available to the community.

OKEx users will be able to earn OKT by staking their OKB exchange tokens, with no minimum or maximum limits on how much OKB can be staked.

Broker-dealers shouldn’t ignore the security token market, and soon they won’t be able to. The market is expected to balloon to $1.5T in Europe alone by 2024, and educated estimates on its eventual size range up to a whopping $544T in tokenized assets. In other words, we’re looking at a future of security tokens or bust.

Security tokens, if you don’t know, are digital representations of securities that take advantage of blockchain technology to offer major business benefits, from making processes more efficient and cutting costs to offering additional liquidity and boosting capital efficiency.

Navigating this rapidly evolving space to take advantage of tokenization, however, can prove a multi-faceted challenge. For that reason, we’ve put together a list of the 10 questions every broker-dealer needs to ask about security tokens.

1. How many big security token issuances have there been?

Big security token deals used to be few and far between, but these days momentum is accelerating—and fast. A PWC report revealed that 380 security token offerings raised a total of $4.1B in the first 10 months of 2019. And in early 2020, RedSwan CRE Marketplace tokenized $2.2B in commercial real estate. This was one of the biggest tokenizations we’ve seen so far and one that well illustrates the benefits digital assets bring to traditionally illiquid markets.

2. How can security tokens enable new types of securities?

Tokenization makes new securities possible. Here’s how: with blockchain automation, the heavy reconciliation and manual compliance checks that make certain types of securities too difficult or expensive to manage in the traditional lifecycle are all but eliminated. This means complex securities that require frequent capital distribution, fractionalization or aggregation can be offered to investors without breaking a sweat.

3. How do security tokens create efficiency?

Security tokens automate many aspects of the security creation and management process, but efficiency through process automation is only the tip of the iceberg. There is also the enhanced transparency provided by blockchain, which adds accuracy and clarity to asset ownership to greatly reduce the difficulty of auditing and reconciliation.

4. How do different jurisdictions manage security tokens?

5. How are security tokens different from traditional securities?

Security tokens are digital representations of securities (like debt, equity or real estate) on a blockchain. Just like traditional securities, security tokens are subject to regulation and need to conform to strict compliance standards. In contrast though, security tokens allow for many traditionally cumbersome and highly-manual processes to be automated, and provide a golden source of truth that all parties can depend on.

6. Why should issuers and investors be excited about security tokens?

Issuers have several reasons to believe an STO (security token offering) is the way to go, among the most enticing being that it could work out 40% cheaper than a traditional private placement. Investors, on the other hand, can have their heads turned by the opportunity to buy into previously unaffordable asset classes through fractional ownership. They’re also likely to benefit from reduced trading fees made possible by improved efficiency, and faster release of capital thanks to rapid settlement cycles.

7. What do security tokens mean for the future of capital markets?

Security tokens are likely to transform capital markets over the next decade through shifts including 24/7 market hours, lower barriers to entry and more inclusive access. Add in the automated compliance and instant reconciliation enabled by blockchain, and investors and asset owners will come to expect hyper-efficiency and a flawless customer experience. Broker-dealers will need to offer all these benefits to keep up.

8. How will security tokens change the role of broker-dealers?

Some envision a decentralized world without intermediaries like broker-dealers. In practice, however, we’re seeing evidence that broker-dealers remain especially sought-after in blockchain-based markets because they still have a key role to play in executing large trades, providing liquidity, and allowing for smooth securities trading flow.

9. What is holding back broader institutional adoption?

10. Does it matter which blockchain we use?

Blockchains that go beyond general-purpose infrastructure like Ethereum and instead are purpose-built for specific use cases (e.g. supply chain or cross-border payments) are becoming more common these days. In order to provide the right experience to all stakeholders, securities need a blockchain of their own that’s designed with the space’s many regulatory and functional nuances in mind.

Polymath hosted a webinar with industry experts from Entoro Capital, Rialto Markets and Genesis Block to further explore these issues and more. Titled Broker-Dealers and Security Tokens: An Inside Look at the Industry, the webinar is a chance to get an informed view on how security tokens are changing the game and how broker-dealers can use them to get ahead.

Learn more about using Polymath’s technology to offer end-to-end security tokenization services to your clients.

The world of decentralized finance is an exciting sector of the cryptocurrency sphere. Aave (AAVE) is a decentralized finance protocol aimed at using the power of blockchain technology to help users borrow and lend cryptocurrency using the framework set in place by Ethereum.

If you’re thinking about expanding your investment in the cryptocurrency sphere, Aave can be an excellent token to begin with. Our guide will help you learn how to buy Aave, how the token functions where you can store your tokens for the highest level of protection and more.

Aave is a decentralized finance protocol that allows users to borrow and lend cryptocurrency using a largely anonymous platform. Previously known as ETHLend, Aave was launched in November 2017. 

Using the Aave network and the token as governance, lenders can earn interest on the amount of cryptocurrency available to borrowers by depositing tokens into a liquidity pool. Borrowers ensure that they pay back what is lended to them by depositing cryptocurrency down as collateral. 

In addition to ensuring the system, Aave tokens also provide owners with a vote on future company matters in the same manner that stockholders can vote on company matters based on how many shares of stock they own. 

The 1st step to buying Aave begins with opening an account with a broker that supports Aave. A crypto broker will provide you with a trading platform that you can use to buy and sell cryptocurrencies in exchange for a commission or fee that goes to the broker. 

There are a wide range of cryptocurrency brokers that support Aave, and the best broker for you will vary depending on where you live and the types of cryptocurrencies you want to invest in.

Not sure where you’d like to open an account? Consider a few of our favorite options below. 

eToro, headquartered in Cyprus, England and Israel, has provided forex products and other CFD derivatives to retail clients since 2007. A major eToro plus is its social trading operations, including OpenBook, which allows new clients to copy trade the platform’s best performers. Its social trading features are top notch, but eToro loses points for its lack of tradable currency pairs and underwhelming research and customer service features

Coinbase is one of the Internet’s largest cryptocurrency trading platforms. From Bitcoin to Litecoin or Basic Attention Token to Chainlink, Coinbase makes it exceptionally simple to buy and sell major cryptocurrency pairs. 

You can even earn cryptocurrency rewards through Coinbase’s unique Coinbase Earn feature. More advanced traders will love the Coinbase Pro platform, which offers more order types and enhanced functionality.

Though Coinbase doesn’t offer the most affordable pricing or the lowest fees, its simple platform is easy enough for complete beginners to master in as little as a single trade.

Gemini is a cryptocurrency broker that offers U.S.-based investors access to 26 coins and tokens. Offerings include both major cryptocurrency projects like Bitcoin and Ethereum, and smaller altcoins like Orchid and 0x. 

Gemini is 1 of the only brokers with multiple platform options based on skill level. New investors will love the streamlined interface of Gemini’s mobile and web apps, while advanced investors might appreciate all the tools that come with ActiveTrader. 

In addition to a host of platform choices, Gemini users also have access to insured hot wallets to store tokens without worrying about digital asset theft. Learn more about what Gemini can do for you in our review.

Maybe you think cryptocurrency is the future, or perhaps you were swept up in the initial waves of Bitcoin. BlockFi may be your next step if you’re ready to evolve as a crypto investor.

Whether you’re a native crypto user or curious enough to start investing, BlockFi seeks to bring institutional-grade financial products to crypto markets that often face restricted access. It strives to bring clients low-cost, simple applications designed to maximize the potential of crypto assets. Learn more in our BlockFi review.

After you decide where you want to purchase Aave and you open your account, you can open a wallet to safely store your tokens. A cryptocurrency wallet provides you with a private set of keys that you can use to store your tokens off your exchange, which limits your liability if your account is hacked. There are 2 types of cryptocurrency wallets (hardware and software) and each comes with its own unique benefits and drawbacks.

As an ERC-20 token, you’ll have a number of options when it comes to storing your Aave. Consider our favorite hardware and software wallets below.  

If you’re searching for the perfect blend of security and portability, the SecX V20 might be the right cryptocurrency wallet for you. The SecuX V20’s durability begins with its tamper-proof case, which provides you with peace of mind when you take your device with you on your travels. 

The wallet features Bluetooth connectivity and a full-color touchscreen to view and manage your tokens without connecting to local, unsecured Wi-Fi. Best of all, the device supports over 1,000 individual cryptocurrencies — providing you with a single place to store all of your blockchain investments. 

MyEtherWallet is the original cryptocurrency wallet used to store Ethereum — but the software has expanded to include all types of ERC-20 tokens as well. MyEtherWallet features a simple setup and mobile app, allowing most users to create their account and get started transferring their tokens in as little as a few minutes. 

You can connect your mobile app to your desktop using a QR code. If your phone moves too far away from your computer, the wallet will automatically disconnect — meaning that you won’t need to worry about leaving your wallet connected if you’re on a public internet connection or device. 

When your wallet is set up and you’ve fully opened and funded your brokerage account, you can place an order to buy AAVE. Placing an order to buy crypto involves a few steps.

Aave is an ERC-20 token, which means that it runs using the network laid in place by Ethereum. If you’re looking for a way to diversify your investment while also buying into emerging decentralized finance technology, an investment in Ethereum might be right for you.

If your broker is able to fill your order, you’ll need to decide if you want to hold your Aave long-term or if you want to take advantage of short-term price movements. If you think that the price of Aave will rise in the future, you may want to store your tokens in your private wallet. 

And if you believe that the price of Aave will fluctuate in the upcoming days or weeks, you might want to short or scalp your tokens to accumulate more Aave. 

When you decide to take profits, you can convert your excess Aave to a stablecoin like Tether or USD Coin. Select brokers may also allow you to convert Aave directly back to fiat currency.

If you plan on executing multiple trades throughout the day, you’ll want to choose a crypto broker with lower fees and a responsive platform. Consider a few of our favorite choices below. 

The cryptocurrency market is notoriously volatile. You might notice the price of Aave changing drastically on a day-to-day basis. Some of the factors that can influence how the cryptocurrency market is moving include:

Laws and regulations. The cryptocurrency market is still largely unregulated. However, individual states and countries have instituted their own rules regarding the purchase and sale of cryptocurrencies. The introduction of tighter regulations or bans can cause the price of coins to plummet.

Keeping your eyes on how the market is moving can help you decide when the best time to buy and sell your coins is. View a summary of today’s market movements using the table below. 

Aave is among many exciting projects running using the Ethereum network’s decentralized application functionality. Decentralized application projects are currently being developed in a wide range of industries, including banking, gaming and file storage. 

Learning more about the Ethereum network and diversifying your investments can help increase your success on the cryptocurrency market. Get started today with 1 of Benzinga’s recommended brokers. 

An interview by Alyona Karpinskaya Interviewing: Norbert Goffa

Q: Currently, everybody is talking about the skyrocketing price of Bitcoin. Did you expect that Bitcoin would reach its all-time high by the end of 2020?

A: Frankly, I did not. I expected it to strengthen more by the end of the year, but nobody figured that it would happen at this pace. We analyze the forecasts a lot about the possible change in Bitcoin’s price with our team, but this pace was really surprising. For my part, I refrain from forecasts and I do not regard as realistic the theories which are forecasting a hundred thousand dollar prognosis within a relatively short time interval. I figure that the point is not in predicting exact prices, but rather in forecasting tendencies. I think that excessively rapid growth also has its disadvantages, just look at the present market.

Since everything is defined by Bitcoin, it is necessary to review the negative effects which are caused by steep price increases. Of course, who wouldn’t be happy to have their Bitcoin be worth more and more? Naturally, it is in everybody’s interest, but, at the same time, other effects should be paid attention to, since Bitcoin has an unmitigated dominancy on the cryptocurrency market, and because of this – a strong Bitcoin may not serve the other participants of the market. The ones who are surely very pleased are the miners, since their charges change for the better with this price.

Q: You referred to altcoins in the previous question. Could you elaborate on that a bit more to explain how you see market trends?

A: Whenever Bitcoin strengthens, all the altcoins, which cannot keep up the pace, weaken compared to Bitcoin. Whenever Bitcoin weakens, the altcoins typically lose a lot more from their value, since they are already behind compared to Bitcoin. As a specific example, if we take a look at the all-time high price of Ripple or Ethereum, then we see that they are very far from the prices they had previously reached. Bitcoin, however, already exceeded that price, so we can state that everybody suffered a grievous defeat against Bitcoin.

Of course, this does not mean that an altcoin – the new ones in particular, which are mainly DeFi projects – cannot make a bigger profit than Bitcoin. In my example, I was referring to the veterans, which happened to enter public awareness as alternatives to Bitcoin. I could have laughed at these visions years ago. Bitcoin not only cannot be overturned, but it is almost impossible to get even close to it. I deem this as a good thing and an advantage in the long run, since it is unnecessary to find alternatives for the same purpose that we use Bitcoin. It is more important that a project presents such solutions in which Bitcoin cannot be counted on. From this point of view, Ethereum is a paragon, since it provides such a solution that Bitcoin is not capable of. Personally, I think that contending with Ethereum is more of a challenge for the altcoins than competing with Bitcoin. Because it is like challenging dolphins in a swimming contest in the ocean.

Q: You mentioned Ethereum as the paragon of the cryptocurrency market. What do you think, how will Ethereum 2.0 affect its price?

A: If I could answer simply, I would say that it is not a very influencing fact that Ethereum is creating such a smart contract network with which the investors’ Ether is getting staked. I do not want to predict anything, but staking is somewhere around the inflation level. This is something like bank interest, but still, it is not the same. My opinion is that in the long run, Ethereum’s strategy is not that good, since these solutions are also making Ethereum less worthy. Of course, this is not clearly black or white. There could be a price-increasing effect from Ethereum 2.0, but I see a market that works differently, where we cannot say that an upgrade like this will make such and such profit for investors. There are so many unpredictable factors, so these forecasts do not have any significance besides marketing value.

Let us say that tomorrow Bitcoin will fall back to 20k. Is it good or bad? Naturally for those who purchased in the past few days it is very bad. On the contrary, for those who have been consciously building their Bitcoin portfolio for years, it is certainly good, since a good trader earns their money on movements and not only on continuously rising prices. This is exactly why DeFi projects are popular, since one could make a lot of money with them. Let us just check the recent time range of Year.Finance.

Q: You referred to DeFi projects as easy profit-making possibilities. What is your opinion regarding how long the buzz around DeFi will continue and what will be the end of it?

A: Right now, attention has been lowered on DeFi projects and everybody is watching Bitcoin. I’d like to add that it is rightly so. What happened with Bitcoin is way over the expectations of 2020. And that is answering your question regarding that DeFi will continue on the road it has taken. DeFi has a future, since DeFi stands for the decentralization of the cryptocurrency market. You would think that a centralized exchange has a lot of advantages, since it secures the money of its clients. Yes, and it is also the case of an exchange that won’t pay out the client’s money. Sadly, we have had quite a lot of experience with such cases. Exchanges can disappear with the users’ money! Of course, you could say that you have to use exchanges with a good reputation. Naturally, it is a way, but the question is the price. I’d bet that the success of freshly arriving tokens lies in the fact that at the moment of launch, one or two TOP exchanges are already backing the project. If I may conspire a little, then I would say that the exchanges are also owners in these projects. If a token is on one of the TOP exchanges, then that is already half of the success. I would also like to ask – how decentralized is the cryptocurrency market really?

Q: Thinking over what you just said, we can assume that it is easier and more cost effective to create an ERC20 project than building a coin on own technical innovations. Is this what you wanted to point out earlier?

A: Yes, that is exactly what I wanted to refer to. You understand it. Of course, you can argue about it, but it is not worth it. The cryptocurrency market prefers the token-based approach regarding trading, rather than the individual coin-based approach. I do not mean that it is a wrong approach, since from a speculative point of view, one token could be enough for success. If I generate 1 million tokens, which is the maximum of my project’s supply, then I could easily give 250,000 to an exchange in order to make it launch the project. This is what I was referring to in the previous question.

This does not mean that your own coin, which is based on a unique technology, would not be valuable or would not be more valuable than those of token-based projects, whose purpose limits to speculative trading. Both approaches have advantages and disadvantages. This is why I think that stock market trading might be more effective than token based, but it is not enough by far in case of real terms. This is why I think that in the long run, a unique technology will be more rewarding.

Q: Let’s talk a little about ILCOIN. You created the RIFT Protocol about a year ago. What happened since then in the ILCOIN Blockchain Project?

A: We transformed in several respects. Although we won the race for block size increases, I could say that we were the only ones who crossed the finish line. Even we ourselves did not expect this. This is not good, definitely not good, since if you are the only participant in a race, then it is not a race anymore. In one word, all of the attention has been drawn from the block size increase and the on-chain based data storing, and directed to DeFi projects. I admit that we did not anticipate this, but I guess that we are not alone with this problem. We have to see where we outperformed and what caused the contest to lapse. Why would you come out with a 2GB block, if there were someone who made a 5GB block. At the most, you can grant free promotion for the winner. At the same time, I think the day will come when the RIFT Protocol will be commonplace.

Then, add COVID19 to all of this, which also balked our plans. You can say that 2020 was not our year for sure. At the same time, a lot of good things happened, and these advancements will have their market effects in 2021. It is enough to mention our VR game, since we have serious plans for it in the future, since Age of ILCOIN: Retribution shall be the most important element of the DCB. Besides this, we have plans regarding that ILCOIN should be a part of DeFi projects, because we believe in the benefits of the expansion of Decentralized Exchanges. All in all, there is a lot happening in the background, and I’m sure it will bear results.

Q: If I understand it correctly, you wish to say that it is expected that the price of ILCOIN will rise during next year? If we take a look at this year, your price has fallen greatly. Is there any special reason for that or is it just the way the market went for you?

A: That is a difficult question, and I had hoped that you wouldn’t ask it. But, obviously, this question is what’s on everyone’s minds. I guess there is no project that likes talking about decreasing prices. I would like to add that we are not alone, since we are proportionally in a better position than some of the top altcoins. But, I would not like to hide behind others, so it is a fact that we too lost a great deal this year. At the same time, I do not see this as such a great problem. All cryptocurrencies went through the same process. Bitcoin needed two years to find the way back to its former self, and it even exceeded that. The fact that we lost a lot from our price does not mean that there is no potential in us. I think that this is exactly why we have a good chance of rising in the future. Of course, we need new business partners and reforming is also necessary. We are working on that and I’m happy to say that our prospects are very favorable.

It is natural to ask the question as to why our price decreased. There are several reasons behind that, of which I would not like to speak, since it is very speculative. It is for sure that we generated more enemies than friends with the 5GB block. We terminated our cooperation with some of our partners and, of course, the interaction with the exchanges was not always a joyride. We learned a lot from these cases and this is why I was talking about reforming. ILCOIN is a project with great potential, since we have such a development team behind us that has already proven itself. I am sure that we will emerge victorious from the blockchain technology contest in the long-run. I do not promise anything that is not down-to-earth. I never made any factual statements about the price of Bitcoin. And that is not a coincidence, I leave presumptions for others. I’m interested in trends and tendencies. This is how I look at ICOIN. I do not mean any particular moment, because you cannot make long term conclusions from it. I believe in trends, tendencies and innovation. This is why I represent ILCOIN.

Founder of the PR-Blockchain agency, technical writer, journalist and publicist.

Starname is offering the easiest way to get paid in crypto through a decentralized crypto profile and wallet. CEO Antoine Herzog shares more details with us in an exclusive interview with TechBullion.

What is Starname and how does it work? Starname is human readable address like: *antoine which can be used to receive crypto-payments instead of sharing long and complex crypto-addresses. With Starname, anyone can find your addresses where you want to receive any crypto assets, make sure it is yours, and send you crypto assets in 1 click. No need to copy/paste, include it into your address book or to know your crypto address. Sending crypto is as easy as sending an email. 

Our mission is to make the world of crypto easier  and simple to use. We noticed that copy/pasting long crypto addresses was a pain for the user and a source of error when making many payments to several addresses. We want to relieve crypto users from that pain and make sending crypto to someone an easy experience. 

We believe in a multichain world, and we have opened a bridge between the Cosmos ecosystem to Ethereum with our Uniswap listing yesterday and Metamask payment in our profile. This Uniswap listing is the opening of a new chapter for mass adoption and we are really excited about all the new opportunities it will bring.

Could you guide us through the Starname wallet & dapps ecosystem and how to use it?

The Starname Manager is our desktop app (its mobile version is on the way!) to manage your starnames and your tokens. You can use it to buy starnames, edit them, set up Starname profiles, buy $IOV and make transactions. Everything related to your starnames and $IOV you can do it in one place. To login you can authenticate with either Ledger or Keplr Chrome extension, but very soon you will be able to do that using Gmail. The authentication with Gmail will make the process simpler and more accessible to everyone since downloads and setups to access the Starname Manager will no longer be necessary. We are working carefully in every feature of the Starname Manager and in its flow thinking about mass adoption. We have partnered with Cosmostation wallet, a mobile app, where you can also delegate your tokens, register and manage starnames. We continue to develop ways to make our service more available and visible on the Cosmos ecosystem. 

How will blockchain technology influence the social media industry in 2021 and beyond?

Social media is about connection and so is blockchain. Blockchain is a resource available for people to exchange. It’s secure, fast and reliable. When we see influencers and performers already using blockchain to receive payments you can see blockchain potentialize their interactions in social media. This is adoption. Blockchain will not only influence the social media industry, but will be an ally to it. Instant messaging and interactions and almost instant exchanges. It’s a mutualistic relationship.   

Could you tell us about your team and customer support?

Do you have more information for our readers?

2021 is a promising year for blockchain and Starname. We will continue to work on the user experience we offer to make it smoother for mass adoption. Our blockchain will be upgraded to enable IBC and smart contracts. Briefly, we will continue to develop our product and technology, as well as our marketing and the message we want to give with Starname. It has been a great journey so far, but there are so many great things we still want to achieve.

DigixDAO (CURRENCY:DGD) traded up 2.5% against the U.S. dollar during the 24-hour period ending at 10:00 AM E.T. on December 30th. DigixDAO has a market capitalization of $19.54 million and $11,629.00 worth of DigixDAO was traded on exchanges in the last day. One DigixDAO token can now be bought for approximately $141.48 or 0.00502300 BTC on exchanges. During the last week, DigixDAO has traded 21% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

DigixDAO Profile

According to CryptoCompare, “The DAO token is built on ethereum.  The ICO – or initial coin offering – raised $5.5million to acquire the 85% of the DGD tokens.  “

DigixDAO Token Trading

DigixDAO can be traded on these cryptocurrency exchanges:. It is usually not possible to buy alternative cryptocurrencies such as DigixDAO directly using US dollars. Investors seeking to acquire DigixDAO should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy DigixDAO using one of the aforementioned exchanges.

An interview by Alyona Karpinskaya Interviewing: Norbert Goffa

Currently, everybody is talking about the skyrocketing price of Bitcoin. Did you expect that Bitcoin would reach its all-time high by the end of 2020?

Frankly, I did not. I expected it to strengthen more by the end of the year, but nobody figured that it would happen at this pace. We analyze the forecasts a lot about the possible change in Bitcoin’s price with our team, but this pace was really surprising. For my part, I refrain from forecasts and I do not regard as realistic the theories which are forecasting a hundred thousand dollar prognosis within a relatively short time interval. I figure that the point is not in predicting exact prices, but rather in forecasting tendencies. I think that excessively rapid growth also has its disadvantages, just look at the present market. 

Since everything is defined by Bitcoin, it is necessary to review the negative effects which are caused by steep price increases. Of course, who wouldn’t be happy to have their Bitcoin be worth more and more? Naturally, it is in everybody’s interest, but, at the same time, other effects should be paid attention to, since Bitcoin has an unmitigated dominancy on the cryptocurrency market, and because of this – a strong Bitcoin may not serve the other participants of the market. The ones who are surely very pleased are the miners, since their charges change for the better with this price.

You referred to altcoins in the previous question. Could you elaborate on that a bit more to explain how you see market trends?

Whenever Bitcoin strengthens, all the altcoins, which cannot keep up the pace, weaken compared to Bitcoin. Whenever Bitcoin weakens, the altcoins typically lose a lot more from their value, since they are already behind compared to Bitcoin. As a specific example, if we take a look at the all-time high price of Ripple or Ethereum, then we see that they are very far from the prices they had previously reached. Bitcoin, however, already exceeded that price, so we can state that everybody suffered a grievous defeat against Bitcoin.

Of course, this does not mean that an altcoin – the new ones in particular, which are mainly DeFi projects – cannot make a bigger profit than Bitcoin. In my example, I was referring to the veterans, which happened to enter public awareness as alternatives to Bitcoin. I could have laughed at these visions years ago. Bitcoin not only cannot be overturned, but it is almost impossible to get even close to it. I deem this as a good thing and an advantage in the long run, since it is unnecessary to find alternatives for the same purpose that we use Bitcoin. It is more important that a project presents such solutions in which Bitcoin cannot be counted on. From this point of view, Ethereum is a paragon, since it provides such a solution that Bitcoin is not capable of. Personally, I think that contending with Ethereum is more of a challenge for the altcoins than competing with Bitcoin. Because it is like challenging dolphins in a swimming contest in the ocean.

You mentioned Ethereum as the paragon of the cryptocurrency market. What do you think, how will Ethereum 2.0 affect its price?

If I could answer simply, I would say that it is not a very influencing fact that Ethereum is creating such a smart contract network with which the investors’ Ether is getting staked. I do not want to predict anything, but staking is somewhere around the inflation level. This is something like bank interest, but still, it is not the same. My opinion is that in the long run, Ethereum’s strategy is not that good, since these solutions are also making Ethereum less worthy. Of course, this is not clearly black or white. There could be a price-increasing effect from Ethereum 2.0, but I see a market that works differently, where we cannot say that an upgrade like this will make such and such profit for investors. There are so many unpredictable factors, so these forecasts do not have any significance besides marketing value.

Let us say that tomorrow Bitcoin will fall back to 20k. Is it good or bad? Naturally for those who purchased in the past few days it is very bad. On the contrary, for those who have been consciously building their Bitcoin portfolio for years, it is certainly good, since a good trader earns their money on movements and not only on continuously rising prices. This is exactly why DeFi projects are popular, since one could make a lot of money with them. Let us just check the recent time range of Year.Finance.

You referred to DeFi projects as easy profit making possibilities. What is your opinion regarding how long the buzz around DeFi will continue and what will be the end of it?

Right now, attention has been lowered on DeFi projects and everybody is watching Bitcoin. I’d like to add that it is rightly so. What happened with Bitcoin is way over the expectations of 2020. And that is answering your question regarding that DeFi will continue on the road it has taken. DeFi has a future, since DeFi stands for the decentralization of the cryptocurrency market. You would think that a centralized exchange has a lot of advantages, since it secures the money of its clients. Yes, and it is also the case of an exchange that won’t pay out the client’s money. Sadly, we have had quite a lot of experience with such cases. Exchanges can disappear with the users’ money! Of course, you could say that you have to use exchanges with a good reputation. Naturally, it is a way, but the question is the price. I’d bet that the success of freshly arriving tokens lies in the fact that at the moment of launch, one or two TOP exchanges are already backing the project. If I may conspire a little, then I would say that the exchanges are also owners in these projects. If a token is on one of the TOP exchanges, then that is already half of the success. I would also like to ask – how decentralized is the cryptocurrency market really?

Thinking over what you just said, we can assume that it is easier and more cost effective to create an ERC20 project than building a coin on own technical innovations. Is this what you wanted to point out earlier?

Yes, that is exactly what I wanted to refer to. You understand it. Of course, you can argue about it, but it is not worth it. The cryptocurrency market prefers the token-based approach regarding trading, rather than the individual coin-based approach. I do not mean that it is a wrong approach, since from a speculative point of view, one token could be enough for success. If I generate 1 million tokens, which is the maximum of my project’s supply, then I could easily give 250,000 to an exchange in order to make it launch the project. This is what I was referring to in the previous question.

This does not mean that your own coin, which is based on a unique technology, would not be valuable or would not be more valuable than those of token-based projects, whose purpose limits to speculative trading. Both approaches have advantages and disadvantages. This is why I think that stock market trading might be more effective than token based, but it is not enough by far in case of real terms. This is why I think that in the long run, a unique technology will be more rewarding.

Let’s talk a little about ILCOIN. You created the RIFT Protocol about a year ago. What happened since then in the ILCOIN Blockchain Project?

We transformed in several respects. Although we won the race for block size increases, I could say that we were the only ones who crossed the finish line. Even we ourselves did not expect this. This is not good, definitely not good, since if you are the only participant in a race, then it is not a race anymore. In one word, all of the attention has been drawn from the block size increase and the on-chain based data storing, and directed to DeFi projects. I admit that we did not anticipate this, but I guess that we are not alone with this problem. We have to see where we outperformed and what caused the contest to lapse. Why would you come out with a 2GB block, if there were someone who made a 5GB block. At the most, you can grant free promotion for the winner. At the same time, I think the day will come when the RIFT Protocol will be commonplace.

Then, add COVID19 to all of this, which also balked our plans. You can say that 2020 was not our year for sure. At the same time, a lot of good things happened, and these advancements will have their market effects in 2021. It is enough to mention our VR game, since we have serious plans for it in the future, since Age of ILCOIN: Retribution shall be the most important element of the DCB. Besides this, we have plans regarding that ILCOIN should be a part of DeFi projects, because we believe in the benefits of the expansion of Decentralized Exchanges. All in all, there is a lot happening in the background, and I’m sure it will bear results.

If I understand it correctly, you wish to say that it is expected that the price of ILCOIN will rise during next year? If we take a look at this year, your price has fallen greatly. Is there any special reason for that or is it just the way the market went for you?

That is a difficult question, and I had hoped that you wouldn’t ask it. But, obviously, this question is what’s on everyone’s minds. I guess there is no project that likes talking about decreasing prices. I would like to add that we are not alone, since we are proportionally in a better position than some of the top altcoins. But, I would not like to hide behind others, so it is a fact that we too lost a great deal this year. At the same time, I do not see this as such a great problem. All cryptocurrencies went through the same process. Bitcoin needed two years to find the way back to its former self, and it even exceeded that. The fact that we lost a lot from our price does not mean that there is no potential in us. I think that this is exactly why we have a good chance of rising in the future. Of course, we need new business partners and reforming is also necessary. We are working on that and I’m happy to say that our prospects are very favorable.

It is natural to ask the question as to why our price decreased. There are several reasons behind that, of which I would not like to speak, since it is very speculative. It is for sure that we generated more enemies than friends with the 5GB block. We terminated our cooperation with some of our partners and, of course, the interaction with the exchanges was not always a joyride. We learned a lot from these cases and this is why I was talking about reforming. ILCOIN is a project with great potential, since we have such a development team behind us that has already proven itself. I am sure that we will emerge victorious from the blockchain technology contest in the long-run. I do not promise anything that is not down-to-earth. I never made any factual statements about the price of Bitcoin. And that is not a coincidence, I leave presumptions for others. I’m interested in trends and tendencies. This is how I look at ICOIN. I do not mean any particular moment, because you cannot make long term conclusions from it. I believe in trends, tendencies and innovation. This is why I represent ILCOIN.

For more information about ILCoin, please visit:  https://www.ILCoincrypto.com/

Facebook:  https://t.me/ILCoinDevelopmentTeam/  Founder of the PR-Blockchain agency

Founder of the PR-Blockchain agency, technical writer, journalist and publicist.