Digital currency is an up and coming sector that allows virtual
coins to be offered for public sale. The initial coin offering is a new method
of crowdfunding but also falls under a type of initial public stock offering. The
key here is that it is digital. This means that there are coders and software
developers creating these software that essentially generates money. The consequence
is that there is no security of the value of digital currencies such as bitcoin
or Ethereum because they are so new.
Bitcoin is quite interesting because it is considered an ‘open-source
software project’ which means that new versions can be created. The source code
can be copied in order to create a whole new concept of digital currency. This
business is generating lots of money. For example there were “105 coin
offerings worth $1.32 billion sold” in one quarter. This immediate and fast-paced
type of fundraising, greatly affects startups and the projected future that
they could have. This topic is important for all IT professionals to understand
because it could potentially be the new wave of business, if it is to progress.
In addition, MIS students need to stay up to date because this could affect job
search and knowing how a business could change in the future when handling a
new currency type. In addition, most tech companies that are in the
cryptocurrency sector are the ones that are focusing on coin offerings. I
believe that a successful MIS student must see the whole picture of how this
will affect a company’s financials and infrastructure. There is also more
opportunity for fraud to occur because one may not be able to tell if an
offering is legitimate.
Would you consider investing in an ICO and why? Or, if you
already invested in an ICO, are you content with your decision?
Click on the article from the Wall Street Journal to read
more about ICOs. It does a great job at giving a high-level explanation of
what the sector is about.
I also found a dapp game named Imperial Throne. It is a multi-player strategy war game based on the Ethereum. Pre-sale started on December 3d, 2018. All the game’s assets and gameplay are on the public blockchain. Every player enters the game as a tribal leader, but a player can take control over a piece of land only through the in-game auction system and become a lord. All players can mine Imperial Throne Tokens (ITT), recruit soldiers, and enjoy free trade in the marketplace. If you want to know more just go at https://www.dapp.com/
ReplyDeleteTelegram group: https://t.me/dapp_com
Dapp.com can help you launch your project! We are the largest community of blockchain enthusiasts and we’re continually looking for interesting dapp products. Apply now to launch exclusively with Dapp.com and get full access to our resources to boost your user base.
ReplyDeleteWe are obsessed with blockchain technology and its massive, exciting potential. We’re always checking out the latest decentralized app (dapp) launches, reading industry news, attending and speaking at conferences
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Wanted: New homes for Yummies these Holidays
ReplyDeleteDapp.com has new decentralized game and they are under Pre-sale on December. This was called Yummies.
As part of its effort to find new owners for homeless Yummies these Holidays, blockchain game and collectables publisher BitCrystals today announced that the presale of the first characters (called “Yummies”) from forthcoming blockchain-enabled game à table! will open at 10 am CET on December 5th. Potential owners will be able to give a Yummy a new home on the à table!
Yummies are cute animals made from food-related items.
https://www.dapp.com/article/a-table-yummies-pre-sale/
For more info you can visit the links below👇👇
website: Dapp.com
Telegram: https://t.me/dapp_com