What CoinJanitor Hopes To Achieve More than 4,500 cryptocurrencies are in circulation today. However, most of them are dead coins. The dead coins pose a challenge to the cryptocurrency market, as the market has to deal with value dilution while the owners of the coins have the value of the coins trapped in digital currencies that are not accepted in the market. Additionally, most cryptocurrency wealth is concentrated on coins with a market cap of $1 billion and above, and yet thousands of users have coins with a market cap of $50,000 or lower. The CoinJanitor platform hopes to welcome and recycle all these coins via the use of the CoinJanitor token. The steps below will be followed to achieve this goal: If you would like to read the rest of this article go to: https://bitcoinexchangeguide.com/coinjanitor/
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The Token Sale opens today for CoinJanitor! Thanks for all the support we have received so far. If you haven't registered yet please do it now and get access to the latest news and find out first which deadcoins we'll be eating. Find out more info
Thanks Marc! We cant wait for the launch!
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How does CoinJanitor Work? So, what is the role of CoinJanitor in cryptocurrency markets, why is it relevant and how does it work? Let’s answer those questions in a succinct manner, one by one: CoinJanitor’s role is to take care of failed or dead coins, cleaning them up in a manner that restores their value into wider cryptocurrency markets. CoinJanitor is as relevant to cryptocurrency markets as a janitor is relevant to a building because by restoring value locked in failed or dead coins it will reduce market dilution, which favors top ranked cryptocurrencies. CoinJanitor works by selecting specific coins that have failed or are functionally dead; contacting creators and community members; buying their coins out with the CoinJanitor token allowing them to transfer their value into the markets; burning the coins it bought from these community members and manually decommissioning the blockchains of those dead or failed coins afterwards. Read the full article here: https://bitcoinchaser.com/press-release/coinjanitor
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ICO GOES LIVE IN LESS THAN 24 HOURS! If you have not taken part in our KYC procedure yet, find out how you can here: https://ico.coinjanitor.io/signupJoin our community today and lets clean up cryptocurrency together.
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"This innovative idea is the brain child of early cryptocurrency adopters, led by Marc Kenigsberg who has been a Bitcoin advocate from 2012. The idea is to use economic powers to achieve the project’s goals. Marc came up with the idea for CoinJanitor after a discussion about failed blockchain projects, in which he saw that despite the discussions about dead coins, there are no real solutions out there to clean them up, offer their users a way out and use the assets that they have. No one really knows what happens when a blockchain project dies or how it failed. " Read the full article here: https://www.trustnodes.com/2018/04/27/press-release-coinjanitor-project-charge-cleaning-cryptocurrency-markets-dead-coins
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Hey Janitors! So we had some interesting questions about Mining JAN, so we decided to write an article about it! Check it out here: https://t.co/wwJedwCCu8
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“Integrating dead coin holders to CoinJanitor through these buy outs will create a powerful network effect by amalgamating thousands of people under the CoinJanitor umbrella. These buy outs also allow CoinJanitor to acquire other assets that belong to dead coins, like their marketing assets, and they will put the CoinJanitor in a privileged position to analyze dead coin code and blockchain data to produce new tools with it..” Read the full article here: https://coinspectator.com/news/388213/bought-the-wrong-coin-coinjanitor-can-help-you-out
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I see your project is still quite new and hope it will develope strongly in the future. If I have a chance, I will be a part of your community merculet
Thanks! We are glad to have you in our community! You can buy tokens in the sale, take part in our bounty program and join our telegram for updates and to find out which coins we will be swapping! That’s right! Marc is our CEO and a bitcoin advocate. Watch his interview with the guys from the Bad Crypto Podcast, here: http://badcryptopodcast.com/2018/04/26/spotlight-28/
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I see your project is still quite new and hope it will develope strongly in the future. If I have a chance, I will be a part of your community merculet
Thanks! Remember that our ICO goes live on Tuesday!
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When an industry starts growing, it inevitably brings with it new jargon. By now, some of that jargon has already made it to the mainstream — HODL is a good example. There are some concepts that have made their way into our lexicon as jargon but are misunderstood. With ICOs quickly populating the space, the concept of Tokenomics became one of those buzz words that everyone uses when they look at an ICO but not everyone understands. Using this word can make people sound incredibly knowledgeable, adding to its appeal. Therefore, it is time to break it down and explain the concept behind the word. Read the full article here: https://medium.com/@CoinJanitor/demystifying-tokenomics-b1c0ea77c928?source=linkShare-65daaa29e8fc-1524921599
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Want to learn what deadcoins we will be recycling? Join our Telegram group and ask what you’d like: https://t.me/CoinJanitor
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