Get Scorum Blog AppInstall and read again anytime!

Other / cryptocurenccy

cryptoland
Crypto Investment: Things you should know before investing in crypto
While cryptocurrencies can be a lucrative opportunity for investors looking to make huge profits, there is a substantial risk involved in this kind of investment/trading, especially for new investors who have little idea about how cryptocurrencies work. Cryptocurrencies are highly volatile assets, especially because they are not regulated or governed by centralized entities and generally have no physical assets to back their values. Moreover, the risk of a new cryptocurrency turning out to be a scam is quite high these days, which is why all investors must do their due diligence before investing in cryptocurrencies. Here are a few things to get you started. Not all cryptocurrencies have a real value In fact, most of the digital currencies out there are exactly that - virtual currencies with no real physical value. The value of these cryptocurrencies is purely driven by user sentiment and market demand. So, be very careful when you select cryptocurrencies for investment. Stablecoins are a good alternative for people looking to invest in low-risk cryptocurrencies. Mr Mint, for example, is an asset-backed token - a mining token whose value is backed by real physical assets and carries significantly lower risk than many other cryptocurrencies. Crypto markets are always operational Unlike traditional markets that operate under fixed timings and generally on weekdays, crypto markets are always operational, 24 hours a day, 7 days a week and all days of the year. This is a good thing because it means you can trade digital currencies at any time and “buy the dip” as and when it happens rather than having to wait for the market to open the next day. Cryptocurrencies are not legal everywhere There are countries like El Salvador that have accepted bitcoin as a legal currency or medium for payments. Then there are countries that have outrightly banned cryptocurrencies and do not support the use and trading of these digital currencies. So, make sure to find out whether your country allows crypto trading and what your options are. For example, depending on your location, you may or may not be allowed to buy crypto using fiat money. Beware of Scammers Cryptocurrencies and ICOs (Initial coin offerings) have very soon become a very popular means for startups and companies looking to raise funds for their projects. This has also attracted many scammers who try to leverage this fundraising tool to loot investors through ponzi schemes. So, be aware of such scam projects and avoid investing in cryptocurrencies that seem too good to be true. Have an investment strategy An ideal investor would always have an investment strategy in place. This should include things like how much money you can safely invest, how much risk you can take, when you should exit, etc. Setting a limit order on your crypto trades is another good part of an investment strategy. Also, try and diversify your portfolio across multiple asset classes, including cryptocurrencies, equity and debt to avoid losing all your money when one asset class fails to perform. Do your own research Everybody knows it, but most investors still fail to do adequate research before jumping into the crypto-wagon, and as a result, they end up either losing all their money or being scammed in a ponzi scheme. Cryptocurrencies are an extremely risky asset class, and one should always research and invest in good, valid & genuine projects.
0.00
2
0

cryptoland
Crypto Investment: Things you should know before investing in crypto
While cryptocurrencies can be a lucrative opportunity for investors looking to make huge profits, there is a substantial risk involved in this kind of investment/trading, especially for new investors who have little idea about how cryptocurrencies work. Cryptocurrencies are highly volatile assets, especially because they are not regulated or governed by centralized entities and generally have no physical assets to back their values. Moreover, the risk of a new cryptocurrency turning out to be a scam is quite high these days, which is why all investors must do their due diligence before investing in cryptocurrencies. Here are a few things to get you started. Not all cryptocurrencies have a real value In fact, most of the digital currencies out there are exactly that - virtual currencies with no real physical value. The value of these cryptocurrencies is purely driven by user sentiment and market demand. So, be very careful when you select cryptocurrencies for investment. Stablecoins are a good alternative for people looking to invest in low-risk cryptocurrencies. Mr Mint, for example, is an asset-backed token - a mining token whose value is backed by real physical assets and carries significantly lower risk than many other cryptocurrencies. Crypto markets are always operational Unlike traditional markets that operate under fixed timings and generally on weekdays, crypto markets are always operational, 24 hours a day, 7 days a week and all days of the year. This is a good thing because it means you can trade digital currencies at any time and “buy the dip” as and when it happens rather than having to wait for the market to open the next day. Cryptocurrencies are not legal everywhere There are countries like El Salvador that have accepted bitcoin as a legal currency or medium for payments. Then there are countries that have outrightly banned cryptocurrencies and do not support the use and trading of these digital currencies. So, make sure to find out whether your country allows crypto trading and what your options are. For example, depending on your location, you may or may not be allowed to buy crypto using fiat money. Beware of Scammers Cryptocurrencies and ICOs (Initial coin offerings) have very soon become a very popular means for startups and companies looking to raise funds for their projects. This has also attracted many scammers who try to leverage this fundraising tool to loot investors through ponzi schemes. So, be aware of such scam projects and avoid investing in cryptocurrencies that seem too good to be true. Have an investment strategy An ideal investor would always have an investment strategy in place. This should include things like how much money you can safely invest, how much risk you can take, when you should exit, etc. Setting a limit order on your crypto trades is another good part of an investment strategy. Also, try and diversify your portfolio across multiple asset classes, including cryptocurrencies, equity and debt to avoid losing all your money when one asset class fails to perform. Do your own research Everybody knows it, but most investors still fail to do adequate research before jumping into the crypto-wagon, and as a result, they end up either losing all their money or being scammed in a ponzi scheme. Cryptocurrencies are an extremely risky asset class, and one should always research and invest in good, valid & genuine projects.
0.00
2
0

cryptoland
Crypto Investment: Things you should know before investing in crypto
While cryptocurrencies can be a lucrative opportunity for investors looking to make huge profits, there is a substantial risk involved in this kind of investment/trading, especially for new investors who have little idea about how cryptocurrencies work. Cryptocurrencies are highly volatile assets, especially because they are not regulated or governed by centralized entities and generally have no physical assets to back their values. Moreover, the risk of a new cryptocurrency turning out to be a scam is quite high these days, which is why all investors must do their due diligence before investing in cryptocurrencies. Here are a few things to get you started. Not all cryptocurrencies have a real value In fact, most of the digital currencies out there are exactly that - virtual currencies with no real physical value. The value of these cryptocurrencies is purely driven by user sentiment and market demand. So, be very careful when you select cryptocurrencies for investment. Stablecoins are a good alternative for people looking to invest in low-risk cryptocurrencies. Mr Mint, for example, is an asset-backed token - a mining token whose value is backed by real physical assets and carries significantly lower risk than many other cryptocurrencies. Crypto markets are always operational Unlike traditional markets that operate under fixed timings and generally on weekdays, crypto markets are always operational, 24 hours a day, 7 days a week and all days of the year. This is a good thing because it means you can trade digital currencies at any time and “buy the dip” as and when it happens rather than having to wait for the market to open the next day. Cryptocurrencies are not legal everywhere There are countries like El Salvador that have accepted bitcoin as a legal currency or medium for payments. Then there are countries that have outrightly banned cryptocurrencies and do not support the use and trading of these digital currencies. So, make sure to find out whether your country allows crypto trading and what your options are. For example, depending on your location, you may or may not be allowed to buy crypto using fiat money. Beware of Scammers Cryptocurrencies and ICOs (Initial coin offerings) have very soon become a very popular means for startups and companies looking to raise funds for their projects. This has also attracted many scammers who try to leverage this fundraising tool to loot investors through ponzi schemes. So, be aware of such scam projects and avoid investing in cryptocurrencies that seem too good to be true. Have an investment strategy An ideal investor would always have an investment strategy in place. This should include things like how much money you can safely invest, how much risk you can take, when you should exit, etc. Setting a limit order on your crypto trades is another good part of an investment strategy. Also, try and diversify your portfolio across multiple asset classes, including cryptocurrencies, equity and debt to avoid losing all your money when one asset class fails to perform. Do your own research Everybody knows it, but most investors still fail to do adequate research before jumping into the crypto-wagon, and as a result, they end up either losing all their money or being scammed in a ponzi scheme. Cryptocurrencies are an extremely risky asset class, and one should always research and invest in good, valid & genuine projects.
0.00
2
0
0.00
0
0
0.00
0
0
0.00
0
0
cryptoland
Tokenomics of Excelli - Everything You Need to Know
When investing in a cryptocurrency, there are a number of things one should look at. Tokenomics is one of these things. Tokenomics refers to the study of the numbers around a token or coin and includes things like token supply, distribution, price, token sale, and others. Why is Tokenomics Important? In the crypto market, the two major things to affect the price of a cryptocurrency are its supply and demand. In general, the more the token demand and lesser the supply, the more should be the token value/price. As for the token demand, the same can be increased by creating more use cases for the particular token. The token supply refers to the total number of tokens in supply. Out of two cryptocurrencies, the one with a larger total supply is likely to have a lesser price than the other, given that both have similar demands in the market. This is because the total market cap for the token will be divided across the number of tokens, and the more the number, the less will be per token value. Tokenomics is important to get an idea of the estimated value and future worth of the token. Tokenomics of Excelli Token Information Name: Excelli Coin Token Symbol: XLE Token Standard: SPL Blockchain: Solana Decimal: 09 Total Tokens Supply: 10 billion Token Price: $0.0012 Fundraising: $2.94 million Full Dilution Value: $12 million Future Mint: Fixed supply, future minting disabled The total supply of XLE is limited to 10 billion. This is a maximum, fixed supply. No more coins can ever be minted. This also means that the coin price will likely increase over time due to a limited supply. XLE Token Allocation The image represents the token allocation or distribution of XLE. While 30% of the total supply will be used for the token sale, an equal number of tokens are reserved for ‘user rewards and ecosystem’. 20% tokens are kept aside for the team (platform sharing of the Excelli team members), 10% for marketing, 8% for liquidity, and 2% for the project advisors. Token sale - 30% - 3 billion tokens will be sold to investors/buyers during the XLE token sale, which will be held in the following three rounds: Seed - 5% - 500 million Private - 23% - 2.3 billion Public - 2% - 200 million User Rewards & Ecosystem - 30% - 3 billion tokens will be reserved for the Excelli rewards program (to be offered as reward tokens to the platform users) and for use within the ecosystem. These tokens will have a 1-month lock, and 10% will be released every month linearly thereafter. Team - 20% - 2 billion tokens are kept aside for the team, i.e. will be shared among the core team of Excelli. These tokens will have a 6-months lock, and 10% will be released every month linearly thereafter. Marketing - 10% - 1 billion tokens will be used for the project marketing and to pay for the costs associated with the paid promotion of Excelli across online/offline platforms. These tokens will have a 1-month lock, and 10% will be released every month linearly thereafter. Liquidity - 8% - 800 million XLE tokens are reserved to ensure ample liquidity for the token in the market. 20% of these tokens will be unlocked on the token generation event, and the remaining 10% will be released every month linearly thereafter. Project Advisors - 2% - 200 million tokens will be shared among the advisors and partners of Excelli. These tokens also have a 1-month lock, and 10% will be released every month linearly thereafter. As you can see, the tokens have a lock-in period and cannot be redeemed or sold during this period, which is to ensure that not all tokens are sold immediately after release. This will also help ensure the total supply in the market is never higher than the demand, which will help maintain a stable price for the XLE token. Find out more in the Excelli Coin Whitepaper.
0.00
0
0
cryptoland
Tokenomics of Excelli - Everything You Need to Know
When investing in a cryptocurrency, there are a number of things one should look at. Tokenomics is one of these things. Tokenomics refers to the study of the numbers around a token or coin and includes things like token supply, distribution, price, token sale, and others. Why is Tokenomics Important? In the crypto market, the two major things to affect the price of a cryptocurrency are its supply and demand. In general, the more the token demand and lesser the supply, the more should be the token value/price. As for the token demand, the same can be increased by creating more use cases for the particular token. The token supply refers to the total number of tokens in supply. Out of two cryptocurrencies, the one with a larger total supply is likely to have a lesser price than the other, given that both have similar demands in the market. This is because the total market cap for the token will be divided across the number of tokens, and the more the number, the less will be per token value. Tokenomics is important to get an idea of the estimated value and future worth of the token. Tokenomics of Excelli Token Information Name: Excelli Coin Token Symbol: XLE Token Standard: SPL Blockchain: Solana Decimal: 09 Total Tokens Supply: 10 billion Token Price: $0.0012 Fundraising: $2.94 million Full Dilution Value: $12 million Future Mint: Fixed supply, future minting disabled The total supply of XLE is limited to 10 billion. This is a maximum, fixed supply. No more coins can ever be minted. This also means that the coin price will likely increase over time due to a limited supply. XLE Token Allocation The image represents the token allocation or distribution of XLE. While 30% of the total supply will be used for the token sale, an equal number of tokens are reserved for ‘user rewards and ecosystem’. 20% tokens are kept aside for the team (platform sharing of the Excelli team members), 10% for marketing, 8% for liquidity, and 2% for the project advisors. Token sale - 30% - 3 billion tokens will be sold to investors/buyers during the XLE token sale, which will be held in the following three rounds: Seed - 5% - 500 million Private - 23% - 2.3 billion Public - 2% - 200 million User Rewards & Ecosystem - 30% - 3 billion tokens will be reserved for the Excelli rewards program (to be offered as reward tokens to the platform users) and for use within the ecosystem. These tokens will have a 1-month lock, and 10% will be released every month linearly thereafter. Team - 20% - 2 billion tokens are kept aside for the team, i.e. will be shared among the core team of Excelli. These tokens will have a 6-months lock, and 10% will be released every month linearly thereafter. Marketing - 10% - 1 billion tokens will be used for the project marketing and to pay for the costs associated with the paid promotion of Excelli across online/offline platforms. These tokens will have a 1-month lock, and 10% will be released every month linearly thereafter. Liquidity - 8% - 800 million XLE tokens are reserved to ensure ample liquidity for the token in the market. 20% of these tokens will be unlocked on the token generation event, and the remaining 10% will be released every month linearly thereafter. Project Advisors - 2% - 200 million tokens will be shared among the advisors and partners of Excelli. These tokens also have a 1-month lock, and 10% will be released every month linearly thereafter. As you can see, the tokens have a lock-in period and cannot be redeemed or sold during this period, which is to ensure that not all tokens are sold immediately after release. This will also help ensure the total supply in the market is never higher than the demand, which will help maintain a stable price for the XLE token. Find out more in the Excelli Coin Whitepaper.
0.00
0
0
cryptoland
Tokenomics of Excelli - Everything You Need to Know
When investing in a cryptocurrency, there are a number of things one should look at. Tokenomics is one of these things. Tokenomics refers to the study of the numbers around a token or coin and includes things like token supply, distribution, price, token sale, and others. Why is Tokenomics Important? In the crypto market, the two major things to affect the price of a cryptocurrency are its supply and demand. In general, the more the token demand and lesser the supply, the more should be the token value/price. As for the token demand, the same can be increased by creating more use cases for the particular token. The token supply refers to the total number of tokens in supply. Out of two cryptocurrencies, the one with a larger total supply is likely to have a lesser price than the other, given that both have similar demands in the market. This is because the total market cap for the token will be divided across the number of tokens, and the more the number, the less will be per token value. Tokenomics is important to get an idea of the estimated value and future worth of the token. Tokenomics of Excelli Token Information Name: Excelli Coin Token Symbol: XLE Token Standard: SPL Blockchain: Solana Decimal: 09 Total Tokens Supply: 10 billion Token Price: $0.0012 Fundraising: $2.94 million Full Dilution Value: $12 million Future Mint: Fixed supply, future minting disabled The total supply of XLE is limited to 10 billion. This is a maximum, fixed supply. No more coins can ever be minted. This also means that the coin price will likely increase over time due to a limited supply. XLE Token Allocation The image represents the token allocation or distribution of XLE. While 30% of the total supply will be used for the token sale, an equal number of tokens are reserved for ‘user rewards and ecosystem’. 20% tokens are kept aside for the team (platform sharing of the Excelli team members), 10% for marketing, 8% for liquidity, and 2% for the project advisors. Token sale - 30% - 3 billion tokens will be sold to investors/buyers during the XLE token sale, which will be held in the following three rounds: Seed - 5% - 500 million Private - 23% - 2.3 billion Public - 2% - 200 million User Rewards & Ecosystem - 30% - 3 billion tokens will be reserved for the Excelli rewards program (to be offered as reward tokens to the platform users) and for use within the ecosystem. These tokens will have a 1-month lock, and 10% will be released every month linearly thereafter. Team - 20% - 2 billion tokens are kept aside for the team, i.e. will be shared among the core team of Excelli. These tokens will have a 6-months lock, and 10% will be released every month linearly thereafter. Marketing - 10% - 1 billion tokens will be used for the project marketing and to pay for the costs associated with the paid promotion of Excelli across online/offline platforms. These tokens will have a 1-month lock, and 10% will be released every month linearly thereafter. Liquidity - 8% - 800 million XLE tokens are reserved to ensure ample liquidity for the token in the market. 20% of these tokens will be unlocked on the token generation event, and the remaining 10% will be released every month linearly thereafter. Project Advisors - 2% - 200 million tokens will be shared among the advisors and partners of Excelli. These tokens also have a 1-month lock, and 10% will be released every month linearly thereafter. As you can see, the tokens have a lock-in period and cannot be redeemed or sold during this period, which is to ensure that not all tokens are sold immediately after release. This will also help ensure the total supply in the market is never higher than the demand, which will help maintain a stable price for the XLE token. Find out more in the Excelli Coin Whitepaper.
0.00
0
0
0.00
1
0
0.00
1
0
0.00
1
0
0.00
5
0
0.00
5
0
0.00
5
0
0.00
3
0
0.00
3
0
0.00
3
0
0.00
3
0
0.00
3
0
0.00
3
0
0.00
4
0
0.00
4
0
0.00
4
0