Money's Coming Back To The Market, Here's What You Need To Do

in #pyramid2 years ago

The platform changed into released in 2017 with a totally exciting concept: monetary era mixed with blockchain era. The concept changed into that you can use the platform to manipulate your investments and change with different human beings on a peer-to-peer basis.

But matters did now no longer move nicely withinside the end. At first, buyers had been attracted through the reasonably-priced valuation of FTX tokens at $2 in keeping with token (which changed into equal to much less than $0.50 USD). But while the fee rose to over $a hundred in keeping with token, maximum buyers had been not able to promote their tokens for one of these excessive fee, therefore, they ended up dropping all their cash through making an investment on this project.

Now we are able to see that many initiatives have failed due to the fact their founders did now no longer apprehend how blockchain works; they idea that cryptocurrency changed into simply every other shape of investment, like shares or bonds, because of this that that they have to simply purchase and promote them with out considering technological troubles or how these items paintings in practice (together with security).

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