SC - PRICE RISING ON THE WAY?

in #sia7 years ago

What is going on with SIA?
Probably, there is something prepared "in the kitchen" , and we hope it will be the good tasty bite.

Sia is reinventing cloud storage with a long term goal - to become the backbone storage layer of the Internet.
SC team announced that they r focused on long-term product development and growth.

So, now we have two complementary cryptocurrencies: Siacoin and Siafunds.
As they said, Siacoin is a utility token that allows users to buy and sell storage space on the Sia network.
It was never used for fundraising, and is mined via proof-of-work on ASICs to ensure security and decentralization.

Siafunds pay out a real-time transaction fee from all storage-related payments on the network.
So, if you hold one of the 10,000 Siafunds in existence, you'll receive a piece of this transaction fee as users pay for storage space.

Because Siafunds only generate revenue when users pay for storage, holders are incentivized to take a long-term view and directly contribute to product development and growth.

Up to 750 Siafunds will be made available to qualified investors through a modified Dutch auction, which is expected to take place in March.

Will this help SC to get better price in April and May? It is not impossible.

siacoin (1).png

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.029
BTC 62382.95
ETH 2427.50
USDT 1.00
SBD 2.58