COINJANITOR THE BEST COIN RECYCLER
WHAT IS BLOCKCHAIN?
This was first developed by a person or a group of people known as Satoshi Nakamoto in 2008. This Blockchain became the backbone of the crytocurrency bitcoin, where it serves as the public ledger for all records and transactions the pass through the network. Due to the high demands in the use of the blockchain technology, bitcoin became the most improved first digital currency to solve problems such as spending without the requirements of a trusted authority or organization and has been the most inspired for many applications.
WHY COINJANITOR?
Over the years it has been seen that most crytocurrency projects tends to fail or seize to exits. Also, we have seen or rather witnessed some project been dumped by the project developers. For this reason brings about the emergence of Coinjanitor whose sole purpose and aim is to bring back those failed or rather dead coins as the case maybe back into the cryto space by exchanging them with either bitcoin, ethereum or its equivalent. Coinjanitor is here to put a smile on the face of holders of those dead projects.
Defining a dead coin or a failed projects has never been an easy tasked. With the increase in the rate of a dead or failed project becoming the other of the days, CoinJanitor suggests that buying out these dead project and failed coin projects because of its history, problems it tends to solve and majority still hold value. The buy outs will allow CoinJanitor to integrate all these dead coin holders into a single project, by creating network effect solution to it.
The buy out process will also allow CoinJanitor to study the code and the data within the blockchains and recycle what is useful from them. CoinJanitor will also control other assets after the buy out, like the dead coin’s marketing assets. By the adoption of Coinjanitor tokens, the owner or users can actively exchange their dead coin which was previous lost and has lost its value into the more valuable bitcoin, ethereum and other highly rated crytocurrencies.
Due to the fact that most Blockchain project fails, therefore; there is need to clean and clear them up the crytocurrency space. Research have it that there are over 4,500 coins in circulation. That is to say, out of 4,500 coin in the crytocurrency market exchange, only about 1,500 or less of them have enough trade volume to be labeled active. Therefore, there is a lot of trapped value that can be used to work with and will release with CoinJanitor to create a clean, functional and prosperous cryptocurrency market for everyone.
For a coin to be targeted by Coinjanitor, The Project must possessed any of the following basic features below:
1 The coin or Project must be PoW based token.
2 The total market cap value must be below $50,000
3 They must have spent at least 2 or more years in the market
4 The coin or project or token must not be exchangeable
THE SIGNIFICANCE AND BENEFITS OF COINJANITOR
1 Coinjanitor will ensured that the crytocurrency market and other crytocurrency communities will benefits from a coin that have lost its value once again.
2 CoinJanitor will once again put a smile on the face of holders of dead coin or failed, by making the dead coin valuable in the exchange markets.
3 Community supporters will have a tremendous benefit from the network that brings all thousands of dead coin holders together.
4 In some cases, holders will have a say in the development of the dead coin when it is been improved by Coinjanitor Teams.
CONCLUSION
Coinjanitor is an ERC 20 compatible token with the sole aim is to developed and improved lost coin, dead coin and failed to making them valuable again.
LINKS
https://twitter.com/CoinJanitor
https://www.youtube.com/channel/UCXkaiV83H3gHy5DomxoZvGA
https://bitcointalk.org/index.php?topic=3033541.0
https://www.linkedin.com/company/coinjanitor
https://web.facebook.com/CoinJanitor-201490483964845/?_rdc=1&_rdr
BOUNTYOX DETAILS: Kayj